Immohub: 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.
Immohub
Largest movements
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Cash +€215,942
up €215,942 (+602%), from €35,866 to €251,808
mainly Current investments (+€250,000) and Contributions, distributions and other (+€17,712)
- Receivables within one year +€49,062
up €49,062 (+447%), from €10,973 to €60,035
of which Trade receivables: +€36,202
- Tangible fixed assets -€17,198
down €17,198 (-1.4%), from €1.2m to €1.2m
of which Land and buildings: -€15,741
- Debts after one year -€27,796
down €27,796 (-4.5%), from €613,006 to €585,210
- Contributions +€17,712
up €17,712 (+3.7%), from €482,288 to €500,000
- Trade debts +€17,234
up €17,234 (+1,267%), from €1,361 to €18,595
- Profit (loss) carried forward -€17,085
down €17,085 (-14.8%), from -€115,442 to -€132,526
- Accrued charges and deferred income -€15,584
down €15,584 (-39.2%), from €39,706 to €24,123
- Depreciation -€25,624
down €25,624 (-59.8%), from €42,822 to €17,198
- Gross operating margin -€14,064
down €14,064 (-20.6%), from €68,315 to €54,251
- Financial income +€8,492
new in 2025: €8,492
- Financial charges -€5,459
down €5,459 (-8.5%), from €64,003 to €58,544
- Other operating charges +€4,085
up €4,085, from €0 to €4,085
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.
Derived cash bridge
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 | €1,540,045 | €1,539,395 | -€650 | 0.0% |
| Fixed assets | 21/28 | €1,243,026 | €1,225,828 | -€17,198 | -1.4% |
| Tangible fixed assets | 22/27 | €1,243,026 | €1,225,828 | -€17,198 | -1.4% |
| Land and buildings | 22 | €1,238,722 | €1,222,981 | -€15,741 | -1.3% |
| Plant, machinery and equipment | 23 | €1,266 | €459 | -€807 | -63.7% |
| Furniture and vehicles | 24 | €3,039 | €2,389 | -€650 | -21.4% |
| Current assets | 29/58 | €297,018 | €313,567 | +€16,548 | +5.6% |
| Amounts receivable within one year | 40/41 | €10,973 | €60,035 | +€49,062 | +447% |
| Trade receivables | 40 | €2,246 | €38,449 | +€36,202 | +1,612% |
| Other amounts receivable | 41 | €8,727 | €21,587 | +€12,859 | +147% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €35,866 | €251,808 | +€215,942 | +602% |
| Deferred charges and accrued income | 490/1 | €179 | €1,724 | +€1,545 | +862% |
| Total equity and liabilities | 10/49 | €1,540,045 | €1,539,395 | -€650 | 0.0% |
| Equity | 10/15 | €366,846 | €367,474 | +€628 | +0.2% |
| Contributions | 10/11 | €482,288 | €500,000 | +€17,712 | +3.7% |
| Profit (loss) carried forward | 14 | -€115,442 | -€132,526 | -€17,085 | -14.8% |
| Amounts payable | 17/49 | €1,173,198 | €1,171,921 | -€1,277 | -0.1% |
| Amounts payable after more than one year | 17 | €613,006 | €585,210 | -€27,796 | -4.5% |
| Financial debts | 170/4 | €613,006 | €585,210 | -€27,796 | -4.5% |
| Amounts payable within one year | 42/48 | €520,486 | €562,589 | +€42,102 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €24,696 | €27,796 | +€3,099 | +12.5% |
| Trade debts | 44 | €1,361 | €18,595 | +€17,234 | +1,267% |
| Suppliers | 440/4 | €1,361 | €18,595 | +€17,234 | +1,267% |
| Taxes, remuneration and social security | 45 | €25 | €14,415 | +€14,390 | +57,102% |
| Taxes | 450/3 | €25 | €12,915 | +€12,890 | +51,150% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €494,404 | €501,784 | +€7,379 | +1.5% |
| Accrued charges and deferred income | 492/3 | €39,706 | €24,123 | -€15,584 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,822 | €17,198 | -€25,624 | -59.8% |
| Other operating charges | 640/8 | €0 | €4,085 | +€4,085 | |
| Gross operating margin | 9900 | €68,315 | €54,251 | -€14,064 | -20.6% |
| Operating profit (loss) | 9901 | €25,494 | €32,968 | +€7,474 | +29.3% |
| Financial income | 75/76B | - | €8,492 | +€8,492 | |
| Recurring financial income | 75 | - | €8,492 | +€8,492 | |
| Financial charges | 65/66B | €64,003 | €58,544 | -€5,459 | -8.5% |
| Recurring financial charges | 65 | €64,003 | €58,544 | -€5,459 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€38,509 | -€17,085 | +€21,425 | +55.6% |
| Profit (loss) for the period | 9904 | -€38,509 | -€17,085 | +€21,425 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,509 | -€17,085 | +€21,425 | +55.6% |
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 19 October 2026 via checked.be.