TMImmo: 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.
TMImmo
Largest movements
- Tangible fixed assets -€27,766
down €27,766 (-14.2%), from €195,945 to €168,178
of which Furniture and vehicles: -€24,087
- Cash +€3,262
up €3,262 (+3.0%), from €107,131 to €110,393
mainly Depreciation (+€32,046) and Net result for the year (+€7,617)
- Debts after one year -€32,733
down €32,733 (-14.7%), from €222,710 to €189,977
- Profit (loss) carried forward +€7,617
up €7,617 (+23.9%), from -€31,895 to -€24,279
- Gross operating margin -€3,185
down €3,185 (-6.5%), from €48,699 to €45,515
- Depreciation +€2,190
up €2,190 (+7.3%), from €29,856 to €32,046
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 | €303,253 | €278,830 | -€24,423 | -8.1% |
| Fixed assets | 21/28 | €195,945 | €168,178 | -€27,766 | -14.2% |
| Tangible fixed assets | 22/27 | €195,945 | €168,178 | -€27,766 | -14.2% |
| Land and buildings | 22 | €101,467 | €97,787 | -€3,680 | -3.6% |
| Furniture and vehicles | 24 | €94,478 | €70,391 | -€24,087 | -25.5% |
| Current assets | 29/58 | €107,308 | €110,652 | +€3,344 | +3.1% |
| Amounts receivable within one year | 40/41 | €177 | €259 | +€82 | +46.3% |
| Other amounts receivable | 41 | €177 | €259 | +€82 | +46.3% |
| Cash at bank and in hand | 54/58 | €107,131 | €110,393 | +€3,262 | +3.0% |
| Total equity and liabilities | 10/49 | €303,253 | €278,830 | -€24,423 | -8.1% |
| Equity | 10/15 | -€25,695 | -€18,079 | +€7,617 | +29.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,895 | -€24,279 | +€7,617 | +23.9% |
| Amounts payable | 17/49 | €328,948 | €296,909 | -€32,039 | -9.7% |
| Amounts payable after more than one year | 17 | €222,710 | €189,977 | -€32,733 | -14.7% |
| Financial debts | 170/4 | €222,710 | €189,977 | -€32,733 | -14.7% |
| Amounts payable within one year | 42/48 | €106,239 | €106,932 | +€694 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €32,080 | €32,733 | +€654 | +2.0% |
| Trade debts | 44 | €422 | €462 | +€40 | +9.5% |
| Suppliers | 440/4 | €422 | €462 | +€40 | +9.5% |
| Other amounts payable | 47/48 | €73,737 | €73,737 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,856 | €32,046 | +€2,190 | +7.3% |
| Other operating charges | 640/8 | €1,791 | €1,719 | -€72 | -4.0% |
| Gross operating margin | 9900 | €48,699 | €45,515 | -€3,185 | -6.5% |
| Operating profit (loss) | 9901 | €17,052 | €11,750 | -€5,302 | -31.1% |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €4,386 | €4,134 | -€252 | -5.7% |
| Recurring financial charges | 65 | €4,386 | €4,134 | -€252 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €12,711 | €7,617 | -€5,095 | -40.1% |
| Profit (loss) for the period | 9904 | €12,711 | €7,617 | -€5,095 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,711 | €7,617 | -€5,095 | -40.1% |
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.