J-IMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
J-IMMO
Largest movements
- Tangible fixed assets +€18,162
up €18,162 (+2.0%), from €896,377 to €914,539
- Trade debts +€41,176
up €41,176 (+524.2%), from €7,855 to €49,030
- Debts after one year -€13,830
down €13,830 (-1.6%), from €839,145 to €825,315
- Reserves -€13,543
down €13,543 (-30.3%), from €44,650 to €31,107
- Gross operating margin -€12,617
down €12,617 (-19.7%), from €63,929 to €51,311
- Financial income -€5,802
down €5,802 (-100.0%), from €5,803 to €1
- Taxes -€1,236
down €1,236 (-100.0%), from €1,236 to €0
- Financial charges -€1,018
down €1,018 (-10.9%), from €9,315 to €8,297
- Depreciation +€689
up €689 (+1.9%), from €37,064 to €37,753
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €913,326 | €926,049 | +€12,723 | +1.4% |
| Fixed assets | 21/28 | €896,377 | €914,539 | +€18,162 | +2.0% |
| Tangible fixed assets | 22/27 | €896,377 | €914,539 | +€18,162 | +2.0% |
| Land and buildings | 22 | €896,377 | €914,539 | +€18,162 | +2.0% |
| Current assets | 29/58 | €16,950 | €11,511 | -€5,439 | -32.1% |
| Amounts receivable within one year | 40/41 | €2,848 | €2,759 | -€89 | -3.1% |
| Other amounts receivable | 41 | €2,848 | €2,759 | -€89 | -3.1% |
| Cash at bank and in hand | 54/58 | €13,838 | €8,584 | -€5,254 | -38.0% |
| Deferred charges and accrued income | 490/1 | €264 | €168 | -€96 | -36.4% |
| Total equity and liabilities | 10/49 | €913,326 | €926,049 | +€12,723 | +1.4% |
| Equity | 10/15 | €57,050 | €43,507 | -€13,543 | -23.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,650 | €31,107 | -€13,543 | -30.3% |
| Distributable reserves | 133 | €44,650 | €31,107 | -€13,543 | -30.3% |
| Amounts payable | 17/49 | €856,276 | €882,542 | +€26,266 | +3.1% |
| Amounts payable after more than one year | 17 | €839,145 | €825,315 | -€13,830 | -1.6% |
| Other amounts payable | 178/9 | €839,145 | €825,315 | -€13,830 | -1.6% |
| Amounts payable within one year | 42/48 | €7,855 | €49,030 | +€41,176 | +524.2% |
| Trade debts | 44 | €7,855 | €49,030 | +€41,176 | +524.2% |
| Suppliers | 440/4 | €7,855 | €49,030 | +€41,176 | +524.2% |
| Accrued charges and deferred income | 492/3 | €9,277 | €8,196 | -€1,080 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,064 | €37,753 | +€689 | +1.9% |
| Other operating charges | 640/8 | €18,409 | €18,805 | +€396 | +2.2% |
| Gross operating margin | 9900 | €63,929 | €51,311 | -€12,617 | -19.7% |
| Operating profit (loss) | 9901 | €8,456 | -€5,246 | -€13,702 | |
| Financial income | 75/76B | €5,803 | €1 | -€5,802 | -100.0% |
| Recurring financial income | 75 | €5,803 | €1 | -€5,802 | -100.0% |
| Financial charges | 65/66B | €9,315 | €8,297 | -€1,018 | -10.9% |
| Recurring financial charges | 65 | €9,315 | €8,297 | -€1,018 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €4,944 | -€13,542 | -€18,486 | |
| Income taxes | 67/77 | €1,236 | €0 | -€1,236 | -100.0% |
| Profit (loss) for the period | 9904 | €3,708 | -€13,543 | -€17,251 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,708 | -€13,543 | -€17,251 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.