FULLIMMO: 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.
FULLIMMO
Largest movements
- Tangible fixed assets -€196,168
down €196,168 (-21.1%), from €931,768 to €735,600
of which Land and buildings: -€205,999
- Stocks and contracts +€120,128
up €120,128 (+2,055%), from €5,845 to €125,973
- Cash +€18,477
up €18,477 (+572%), from €3,232 to €21,709
mainly Investment in fixed assets (net) (+€175,989) and Other debts (+€116,240)
- Debts after one year -€204,254
down €204,254 (-26.4%), from €773,851 to €569,597
of which Financial debts: -€204,254
- Other debts +€116,240
up €116,240 (+174%), from €66,948 to €183,188
- Profit (loss) carried forward +€19,904
up €19,904 (+95.1%), from €20,935 to €40,839
- Trade debts +€11,779
up €11,779 (+327%), from €3,604 to €15,383
- Gross operating margin +€43,248
up €43,248 (+65.7%), from €65,800 to €109,048
- Other operating charges +€12,462
up €12,462 (+91.8%), from €13,569 to €26,030
- Taxes +€9,672
up €9,672 (+1,422%), from €680 to €10,352
- Financial charges +€3,542
up €3,542 (+13.6%), from €25,998 to €29,540
- Depreciation -€2,685
down €2,685 (-11.7%), from €22,864 to €20,179
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 | €943,967 | €893,902 | -€50,066 | -5.3% |
| Fixed assets | 21/28 | €931,768 | €735,600 | -€196,168 | -21.1% |
| Tangible fixed assets | 22/27 | €931,768 | €735,600 | -€196,168 | -21.1% |
| Land and buildings | 22 | €929,167 | €723,168 | -€205,999 | -22.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,601 | €12,431 | +€9,831 | +378% |
| Current assets | 29/58 | €12,200 | €158,302 | +€146,103 | +1,198% |
| Stocks and contracts in progress | 3 | €5,845 | €125,973 | +€120,128 | +2,055% |
| Stocks | 30/36 | €5,845 | €125,973 | +€120,128 | +2,055% |
| Amounts receivable within one year | 40/41 | €0 | €9,352 | +€9,352 | |
| Trade receivables | 40 | €0 | €9,352 | +€9,352 | |
| Cash at bank and in hand | 54/58 | €3,232 | €21,709 | +€18,477 | +572% |
| Deferred charges and accrued income | 490/1 | €3,122 | €1,268 | -€1,854 | -59.4% |
| Total equity and liabilities | 10/49 | €943,967 | €893,902 | -€50,066 | -5.3% |
| Equity | 10/15 | €49,535 | €74,439 | +€24,904 | +50.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Distributable reserves | 133 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Profit (loss) carried forward | 14 | €20,935 | €40,839 | +€19,904 | +95.1% |
| Provisions and deferred taxes | 16 | €9,292 | €7,334 | -€1,958 | -21.1% |
| Provisions for liabilities and charges | 160/5 | €9,292 | €7,334 | -€1,958 | -21.1% |
| Major repairs and maintenance | 162 | €9,292 | €7,334 | -€1,958 | -21.1% |
| Amounts payable | 17/49 | €885,141 | €812,129 | -€73,012 | -8.2% |
| Amounts payable after more than one year | 17 | €773,851 | €569,597 | -€204,254 | -26.4% |
| Financial debts | 170/4 | €762,104 | €557,850 | -€204,254 | -26.8% |
| Other amounts payable | 178/9 | €11,748 | €11,748 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,289 | €241,285 | +€129,996 | +117% |
| Current portion of amounts payable after more than one year | 42 | €37,348 | €31,683 | -€5,666 | -15.2% |
| Financial debts | 43 | €932 | - | -€932 | |
| Credit institutions | 430/8 | €932 | - | -€932 | |
| Trade debts | 44 | €3,604 | €15,383 | +€11,779 | +327% |
| Suppliers | 440/4 | €3,604 | €15,383 | +€11,779 | +327% |
| Taxes, remuneration and social security | 45 | €2,457 | €11,032 | +€8,574 | +349% |
| Taxes | 450/3 | €2,457 | €11,032 | +€8,574 | +349% |
| Other amounts payable | 47/48 | €66,948 | €183,188 | +€116,240 | +174% |
| Accrued charges and deferred income | 492/3 | €0 | €1,246 | +€1,246 | |
| Non-recurring operating income | 76A | - | €15,450 | +€15,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,864 | €20,179 | -€2,685 | -11.7% |
| Other operating charges | 640/8 | €13,569 | €26,030 | +€12,462 | +91.8% |
| Non-recurring operating charges | 66A | €1,786 | -€1,958 | -€3,744 | |
| Gross operating margin | 9900 | €65,800 | €109,048 | +€43,248 | +65.7% |
| Operating profit (loss) | 9901 | €27,581 | €64,796 | +€37,215 | +135% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €25,998 | €29,540 | +€3,542 | +13.6% |
| Recurring financial charges | 65 | €25,998 | €29,540 | +€3,542 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €1,583 | €35,256 | +€33,673 | +2,127% |
| Income taxes | 67/77 | €680 | €10,352 | +€9,672 | +1,422% |
| Profit (loss) for the period | 9904 | €903 | €24,904 | +€24,001 | +2,658% |
| Profit (loss) for the period to be appropriated | 9905 | €903 | €24,904 | +€24,001 | +2,658% |
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 14 October 2026 via checked.be.