Immocoach: what changed
Immocoach
Largest movements
- Cash -€25,181
down €25,181 (-31.3%), from €80,356 to €55,175
mainly Trade debts (-€54,525) and Other debts (-€20,000)
- Tangible fixed assets -€15,481
down €15,481 (-3.6%), from €432,050 to €416,568
of which Land and buildings: -€14,155
- Trade debts -€54,525
no longer reported in 2025 (was €54,525)
of which Bills of exchange payable: -€53,123
- Accrued charges and deferred income +€52,203
new in 2025: €52,203
- Other debts -€20,000
down €20,000 (-12.7%), from €157,583 to €137,583
- Debts after one year -€15,024
down €15,024 (-5.7%), from €263,646 to €248,622
- Gross operating margin -€50,080
down €50,080 (-65.8%), from €76,056 to €25,976
- Taxes -€13,954
no longer reported in 2025 (was €13,954)
- Depreciation +€5,607
up €5,607 (+56.8%), from €9,874 to €15,481
- Other operating charges -€4,506
down €4,506 (-58.0%), from €7,769 to €3,262
- Financial charges -€4,084
down €4,084 (-26.2%), from €15,575 to €11,491
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 | €525,442 | €484,425 | -€41,016 | -7.8% |
| Fixed assets | 21/28 | €432,050 | €416,568 | -€15,481 | -3.6% |
| Tangible fixed assets | 22/27 | €432,050 | €416,568 | -€15,481 | -3.6% |
| Land and buildings | 22 | €428,189 | €414,035 | -€14,155 | -3.3% |
| Plant, machinery and equipment | 23 | €3,860 | €2,533 | -€1,327 | -34.4% |
| Current assets | 29/58 | €93,392 | €67,857 | -€25,535 | -27.3% |
| Amounts receivable within one year | 40/41 | €636 | €282 | -€354 | -55.6% |
| Trade receivables | 40 | €636 | - | -€636 | |
| Other amounts receivable | 41 | - | €282 | +€282 | |
| Cash at bank and in hand | 54/58 | €80,356 | €55,175 | -€25,181 | -31.3% |
| Deferred charges and accrued income | 490/1 | €12,400 | €12,400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €525,442 | €484,425 | -€41,016 | -7.8% |
| Equity | 10/15 | €33,881 | €29,622 | -€4,259 | -12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,281 | €15,281 | = | 0.0% |
| Distributable reserves | 133 | €15,281 | €15,281 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,259 | -€4,259 | |
| Amounts payable | 17/49 | €491,561 | €454,804 | -€36,757 | -7.5% |
| Amounts payable after more than one year | 17 | €263,646 | €248,622 | -€15,024 | -5.7% |
| Financial debts | 170/4 | €263,646 | €248,622 | -€15,024 | -5.7% |
| Amounts payable within one year | 42/48 | €227,915 | €153,979 | -€73,936 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €14,103 | €14,692 | +€589 | +4.2% |
| Trade debts | 44 | €54,525 | - | -€54,525 | |
| Suppliers | 440/4 | €1,401 | - | -€1,401 | |
| Bills of exchange payable | 441 | €53,123 | - | -€53,123 | |
| Taxes, remuneration and social security | 45 | €1,704 | €1,704 | = | 0.0% |
| Taxes | 450/3 | €1,704 | €1,704 | = | 0.0% |
| Other amounts payable | 47/48 | €157,583 | €137,583 | -€20,000 | -12.7% |
| Accrued charges and deferred income | 492/3 | - | €52,203 | +€52,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,874 | €15,481 | +€5,607 | +56.8% |
| Other operating charges | 640/8 | €7,769 | €3,262 | -€4,506 | -58.0% |
| Gross operating margin | 9900 | €76,056 | €25,976 | -€50,080 | -65.8% |
| Operating profit (loss) | 9901 | €58,413 | €7,232 | -€51,181 | -87.6% |
| Financial charges | 65/66B | €15,575 | €11,491 | -€4,084 | -26.2% |
| Recurring financial charges | 65 | €15,575 | €11,491 | -€4,084 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €42,839 | -€4,259 | -€47,097 | |
| Income taxes | 67/77 | €13,954 | - | -€13,954 | |
| Profit (loss) for the period | 9904 | €28,885 | -€4,259 | -€33,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,885 | -€4,259 | -€33,144 |
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 5 November 2026 via checked.be.