IMMOA: what changed
What changed
IMMOA
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Net result for the year
€54,204
2024 · €52,934+€1,269
Equity
€1.4m
2024 · €1.3m+€54,204
Cash
-
not filed
Balance sheet total
€2.5m
2024 · €2.5m-€30,651
Largest movements
Assets
- Tangible fixed assets -€62,233
down €62,233 (-2.9%), from €2.2m to €2.1m
of which Land and buildings: -€56,668
- Receivables within one year +€31,582
up €31,582 (+9.1%), from €348,163 to €379,745
Equity and liabilities
- Debts after one year -€86,318
down €86,318 (-8.3%), from €1.0m to €955,976
- Profit (loss) carried forward +€54,204
up €54,204 (+222%), from €24,391 to €78,595
Income statement
- Taxes +€8,179
up €8,179 (+46.4%), from €17,645 to €25,824
- Gross operating margin +€5,492
up €5,492 (+3.2%), from €172,549 to €178,041
- Financial charges -€3,056
down €3,056 (-8.7%), from €35,081 to €32,026
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.
Result 2024
€52,934
Gross operating margin
+€5,492
Depreciation
+€1
Other operating charges
+€900
Financial charges
+€3,056
Taxes
-€8,179
Result 2025
€54,204
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,498,305 | €2,467,654 | -€30,651 | -1.2% |
| Fixed assets | 21/28 | €2,150,143 | €2,087,909 | -€62,233 | -2.9% |
| Tangible fixed assets | 22/27 | €2,150,143 | €2,087,909 | -€62,233 | -2.9% |
| Land and buildings | 22 | €2,118,231 | €2,061,564 | -€56,668 | -2.7% |
| Plant, machinery and equipment | 23 | €31,911 | €26,346 | -€5,565 | -17.4% |
| Current assets | 29/58 | €348,163 | €379,745 | +€31,582 | +9.1% |
| Amounts receivable within one year | 40/41 | €348,163 | €379,745 | +€31,582 | +9.1% |
| Other amounts receivable | 41 | €348,163 | €379,745 | +€31,582 | +9.1% |
| Total equity and liabilities | 10/49 | €2,498,305 | €2,467,654 | -€30,651 | -1.2% |
| Equity | 10/15 | €1,337,391 | €1,391,595 | +€54,204 | +4.1% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Capital | 10 | €1,300,000 | €1,300,000 | = | 0.0% |
| Issued capital | 100 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,391 | €78,595 | +€54,204 | +222% |
| Amounts payable | 17/49 | €1,160,914 | €1,076,059 | -€84,855 | -7.3% |
| Amounts payable after more than one year | 17 | €1,042,294 | €955,976 | -€86,318 | -8.3% |
| Financial debts | 170/4 | €1,042,294 | €955,976 | -€86,318 | -8.3% |
| Amounts payable within one year | 42/48 | €118,335 | €120,083 | +€1,748 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €78,720 | €79,336 | +€616 | +0.8% |
| Financial debts | 43 | €9,579 | €8,728 | -€851 | -8.9% |
| Credit institutions | 430/8 | €9,579 | €8,728 | -€851 | -8.9% |
| Trade debts | 44 | €12,327 | €11,948 | -€378 | -3.1% |
| Suppliers | 440/4 | €12,327 | €11,948 | -€378 | -3.1% |
| Taxes, remuneration and social security | 45 | €17,645 | €20,007 | +€2,362 | +13.4% |
| Taxes | 450/3 | €17,645 | €20,007 | +€2,362 | +13.4% |
| Other amounts payable | 47/48 | €64 | €64 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €285 | - | -€285 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,234 | €62,233 | -€1 | 0.0% |
| Other operating charges | 640/8 | €14,654 | €13,754 | -€900 | -6.1% |
| Gross operating margin | 9900 | €172,549 | €178,041 | +€5,492 | +3.2% |
| Operating profit (loss) | 9901 | €95,661 | €102,054 | +€6,393 | +6.7% |
| Financial income | 75/76B | €10,000 | €10,000 | = | 0.0% |
| Recurring financial income | 75 | €10,000 | €10,000 | = | 0.0% |
| Financial charges | 65/66B | €35,081 | €32,026 | -€3,056 | -8.7% |
| Recurring financial charges | 65 | €35,081 | €32,026 | -€3,056 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €70,579 | €80,028 | +€9,449 | +13.4% |
| Income taxes | 67/77 | €17,645 | €25,824 | +€8,179 | +46.4% |
| Profit (loss) for the period | 9904 | €52,934 | €54,204 | +€1,269 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,934 | €54,204 | +€1,269 | +2.4% |
Next steps
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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 3 November 2026 via checked.be.