FL IMMO 12: 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.
FL IMMO 12
Largest movements
- Current investments -€25,000
no longer reported in 2025 (was €25,000)
- Cash +€16,137
up €16,137 (+116.5%), from €13,846 to €29,982
mainly Current investments (+€25,000) and Depreciation (+€15,055)
- Tangible fixed assets -€15,055
down €15,055 (-3.3%), from €456,364 to €441,309
- Trade debts -€11,423
down €11,423 (-79.5%), from €14,369 to €2,947
- Debts after one year -€11,175
down €11,175 (-3.3%), from €337,225 to €326,049
of which Financial debts: -€12,875
- Other operating charges -€22,591
down €22,591 (-88.2%), from €25,616 to €3,025
- Gross operating margin +€14,585
up €14,585 (+104.6%), from €13,937 to €28,523
- Depreciation +€3,677
up €3,677 (+32.3%), from €11,378 to €15,055
- Financial income -€977
down €977 (-52.1%), from €1,877 to €900
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 | €517,986 | €494,539 | -€23,447 | -4.5% |
| Fixed assets | 21/28 | €456,364 | €441,309 | -€15,055 | -3.3% |
| Tangible fixed assets | 22/27 | €456,364 | €441,309 | -€15,055 | -3.3% |
| Land and buildings | 22 | €456,364 | €441,309 | -€15,055 | -3.3% |
| Current assets | 29/58 | €61,622 | €53,230 | -€8,392 | -13.6% |
| Amounts receivable within one year | 40/41 | €22,776 | €22,324 | -€452 | -2.0% |
| Trade receivables | 40 | €2,051 | €964 | -€1,087 | -53.0% |
| Other amounts receivable | 41 | €20,725 | €21,360 | +€635 | +3.1% |
| Current investments | 50/53 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €13,846 | €29,982 | +€16,137 | +116.5% |
| Deferred charges and accrued income | 490/1 | - | €923 | +€923 | |
| Total equity and liabilities | 10/49 | €517,986 | €494,539 | -€23,447 | -4.5% |
| Equity | 10/15 | €78,674 | €78,536 | -€139 | -0.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €144,235 | €139,690 | -€4,545 | -3.2% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €138,735 | €134,190 | -€4,545 | -3.3% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,561 | -€86,154 | +€4,406 | +4.9% |
| Provisions and deferred taxes | 16 | €46,245 | €44,730 | -€1,515 | -3.3% |
| Deferred taxes | 168 | €46,245 | €44,730 | -€1,515 | -3.3% |
| Amounts payable | 17/49 | €393,067 | €371,274 | -€21,793 | -5.5% |
| Amounts payable after more than one year | 17 | €337,225 | €326,049 | -€11,175 | -3.3% |
| Financial debts | 170/4 | €337,225 | €324,349 | -€12,875 | -3.8% |
| Other amounts payable | 178/9 | - | €1,700 | +€1,700 | |
| Amounts payable within one year | 42/48 | €54,608 | €42,119 | -€12,489 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €13,382 | €12,875 | -€507 | -3.8% |
| Financial debts | 43 | €1,700 | - | -€1,700 | |
| Credit institutions | 430/8 | €1,700 | - | -€1,700 | |
| Trade debts | 44 | €14,369 | €2,947 | -€11,423 | -79.5% |
| Suppliers | 440/4 | €14,369 | €2,947 | -€11,423 | -79.5% |
| Advances received on contracts in progress | 46 | - | €2,640 | +€2,640 | |
| Other amounts payable | 47/48 | €25,157 | €23,657 | -€1,500 | -6.0% |
| Accrued charges and deferred income | 492/3 | €1,235 | €3,106 | +€1,871 | +151.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,378 | €15,055 | +€3,677 | +32.3% |
| Other operating charges | 640/8 | €25,616 | €3,025 | -€22,591 | -88.2% |
| Gross operating margin | 9900 | €13,937 | €28,523 | +€14,585 | +104.6% |
| Operating profit (loss) | 9901 | -€23,057 | €10,443 | +€33,499 | |
| Financial income | 75/76B | €1,877 | €900 | -€977 | -52.1% |
| Recurring financial income | 75 | €1,877 | €900 | -€977 | -52.1% |
| Financial charges | 65/66B | €12,582 | €12,726 | +€144 | +1.1% |
| Recurring financial charges | 65 | €12,582 | €12,726 | +€144 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,762 | -€1,384 | +€32,378 | +95.9% |
| Transfer from deferred taxes | 780 | €1,079 | €1,515 | +€436 | +40.4% |
| Income taxes | 67/77 | €263 | €270 | +€7 | +2.7% |
| Profit (loss) for the period | 9904 | -€32,945 | -€139 | +€32,807 | +99.6% |
| Transfer from tax-exempt reserves | 789 | €3,238 | €4,545 | +€1,307 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,707 | €4,406 | +€34,113 |
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 8 October 2026 via checked.be.