IMMO SYSTEMS: what changed
IMMO SYSTEMS
Largest movements
- Cash +€7,271
up €7,271 (+126%), from €5,755 to €13,026
mainly Depreciation (+€6,551) and Other debts (+€3,582)
- Tangible fixed assets -€6,551
down €6,551 (-6.9%), from €95,135 to €88,584
of which Land and buildings: -€6,551
- Other debts +€3,582
up €3,582 (+2.8%), from €127,622 to €131,205
- Reserves -€1,945
down €1,945 (-21.7%), from €8,943 to €6,998
of which Tax-exempt reserves: -€1,945
- Gross operating margin -€8,339
down €8,339 (-35.5%), from €23,521 to €15,183
- Depreciation -€1,421
down €1,421 (-17.8%), from €7,972 to €6,551
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,890 | €106,610 | +€720 | +0.7% |
| Fixed assets | 21/28 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Tangible fixed assets | 22/27 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Land and buildings | 22 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €10,755 | €18,026 | +€7,271 | +67.6% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,755 | €13,026 | +€7,271 | +126% |
| Total equity and liabilities | 10/49 | €105,890 | €106,610 | +€720 | +0.7% |
| Equity | 10/15 | -€25,365 | -€27,226 | -€1,861 | -7.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | - | €62,500 | +€62,500 | |
| Issued capital | 100 | - | €62,500 | +€62,500 | |
| Reserves | 13 | €8,943 | €6,998 | -€1,945 | -21.7% |
| Tax-exempt reserves | 132 | €7,068 | €5,124 | -€1,945 | -27.5% |
| Distributable reserves | 133 | €1,874 | €1,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,808 | -€96,724 | +€84 | +0.1% |
| Provisions and deferred taxes | 16 | €3,633 | €2,631 | -€1,002 | -27.6% |
| Deferred taxes | 168 | €3,633 | €2,631 | -€1,002 | -27.6% |
| Amounts payable | 17/49 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Amounts payable within one year | 42/48 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Other amounts payable | 47/48 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Non-recurring operating income | 76A | €5,855 | - | -€5,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,972 | €6,551 | -€1,421 | -17.8% |
| Other operating charges | 640/8 | €11,297 | €11,417 | +€120 | +1.1% |
| Gross operating margin | 9900 | €23,521 | €15,183 | -€8,339 | -35.5% |
| Operating profit (loss) | 9901 | €4,253 | -€2,786 | -€7,038 | |
| Financial charges | 65/66B | €126 | €77 | -€49 | -38.9% |
| Recurring financial charges | 65 | €126 | €77 | -€49 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €4,127 | -€2,862 | -€6,989 | |
| Transfer from deferred taxes | 780 | €1,002 | €1,002 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,129 | -€1,861 | -€6,989 | |
| Transfer from tax-exempt reserves | 789 | €1,945 | €1,945 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,074 | €84 | -€6,989 | -98.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.