THEOIMMO: what changed
Two fiscal 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.
THEOIMMO
Largest movements
- Tangible fixed assets -€10,902
down €10,902 (-20.0%), from €54,477 to €43,574
of which Furniture and vehicles: -€8,644
- Receivables within one year -€3,188
down €3,188 (-16.3%), from €19,550 to €16,362
of which Other amounts receivable: -€3,188
- Tax, wage and social debts -€3,728
down €3,728 (-63.4%), from €5,877 to €2,149
- Profit (loss) carried forward -€3,012
down €3,012 (-15.8%), from €19,046 to €16,034
- Current portion of long-term debt -€2,926
down €2,926 (-53.1%), from €5,505 to €2,579
- Debts after one year -€2,579
down €2,579 (-9.8%), from €26,403 to €23,823
- Other debts -€1,246
down €1,246 (-17.7%), from €7,027 to €5,782
- Gross operating margin -€8,551
down €8,551 (-74.4%), from €11,491 to €2,940
- Depreciation -€3,400
down €3,400 (-60.1%), from €5,658 to €2,258
- Taxes -€1,432
down €1,432 (-100.0%), from €1,432 to €0
- Financial charges -€751
down €751 (-48.8%), from €1,538 to €787
- Other operating charges -€249
down €249 (-29.5%), from €847 to €597
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,062 | €60,081 | -€13,981 | -18.9% |
| Fixed assets | 21/28 | €54,477 | €43,574 | -€10,902 | -20.0% |
| Tangible fixed assets | 22/27 | €54,477 | €43,574 | -€10,902 | -20.0% |
| Land and buildings | 22 | €45,833 | €43,574 | -€2,258 | -4.9% |
| Furniture and vehicles | 24 | €8,644 | €0 | -€8,644 | -100.0% |
| Current assets | 29/58 | €19,585 | €16,507 | -€3,078 | -15.7% |
| Amounts receivable within one year | 40/41 | €19,550 | €16,362 | -€3,188 | -16.3% |
| Trade receivables | 40 | €7,700 | €7,700 | = | 0.0% |
| Other amounts receivable | 41 | €11,850 | €8,662 | -€3,188 | -26.9% |
| Deferred charges and accrued income | 490/1 | €36 | €145 | +€109 | +307.5% |
| Total equity and liabilities | 10/49 | €74,062 | €60,081 | -€13,981 | -18.9% |
| Equity | 10/15 | €27,846 | €24,834 | -€3,012 | -10.8% |
| Contributions | 10/11 | €8,800 | €8,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,046 | €16,034 | -€3,012 | -15.8% |
| Amounts payable | 17/49 | €46,216 | €35,248 | -€10,968 | -23.7% |
| Amounts payable after more than one year | 17 | €26,403 | €23,823 | -€2,579 | -9.8% |
| Financial debts | 170/4 | €26,403 | €23,823 | -€2,579 | -9.8% |
| Amounts payable within one year | 42/48 | €19,813 | €11,424 | -€8,389 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €5,505 | €2,579 | -€2,926 | -53.1% |
| Trade debts | 44 | €1,404 | €914 | -€489 | -34.9% |
| Suppliers | 440/4 | €1,404 | €914 | -€489 | -34.9% |
| Taxes, remuneration and social security | 45 | €5,877 | €2,149 | -€3,728 | -63.4% |
| Taxes | 450/3 | €5,877 | €2,149 | -€3,728 | -63.4% |
| Other amounts payable | 47/48 | €7,027 | €5,782 | -€1,246 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,658 | €2,258 | -€3,400 | -60.1% |
| Other operating charges | 640/8 | €847 | €597 | -€249 | -29.5% |
| Non-recurring operating charges | 66A | - | €2,309 | +€2,309 | |
| Gross operating margin | 9900 | €11,491 | €2,940 | -€8,551 | -74.4% |
| Operating profit (loss) | 9901 | €4,986 | -€2,225 | -€7,211 | |
| Financial charges | 65/66B | €1,538 | €787 | -€751 | -48.8% |
| Recurring financial charges | 65 | €1,538 | €787 | -€751 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €3,448 | -€3,012 | -€6,460 | |
| Income taxes | 67/77 | €1,432 | €0 | -€1,432 | -100.0% |
| Profit (loss) for the period | 9904 | €2,016 | -€3,012 | -€5,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,016 | -€3,012 | -€5,028 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.