HLS IMMO: 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.
HLS IMMO
Largest movements
- Tangible fixed assets -€30,712
down €30,712 (-3.8%), from €816,048 to €785,336
- Debts after one year -€55,509
down €55,509 (-7.7%), from €718,958 to €663,449
- Profit (loss) carried forward +€17,614
up €17,614 (+56.0%), from -€31,436 to -€13,821
- Gross operating margin -€4,645
down €4,645 (-7.0%), from €66,724 to €62,079
- Other operating charges -€862
down €862 (-20.0%), from €4,307 to €3,445
- Financial charges -€744
down €744 (-6.7%), from €11,051 to €10,308
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 | €818,897 | €787,004 | -€31,893 | -3.9% |
| Fixed assets | 21/28 | €816,048 | €785,336 | -€30,712 | -3.8% |
| Tangible fixed assets | 22/27 | €816,048 | €785,336 | -€30,712 | -3.8% |
| Land and buildings | 22 | €816,048 | €785,336 | -€30,712 | -3.8% |
| Current assets | 29/58 | €2,849 | €1,668 | -€1,181 | -41.5% |
| Cash at bank and in hand | 54/58 | €1,521 | €822 | -€699 | -45.9% |
| Deferred charges and accrued income | 490/1 | €1,328 | €846 | -€482 | -36.3% |
| Total equity and liabilities | 10/49 | €818,897 | €787,004 | -€31,893 | -3.9% |
| Equity | 10/15 | -€25,436 | -€7,821 | +€17,614 | +69.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,436 | -€13,821 | +€17,614 | +56.0% |
| Amounts payable | 17/49 | €844,333 | €794,825 | -€49,507 | -5.9% |
| Amounts payable after more than one year | 17 | €718,958 | €663,449 | -€55,509 | -7.7% |
| Financial debts | 170/4 | €718,958 | €663,449 | -€55,509 | -7.7% |
| Amounts payable within one year | 42/48 | €125,375 | €131,377 | +€6,002 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €54,755 | €55,509 | +€754 | +1.4% |
| Trade debts | 44 | €605 | €2,056 | +€1,451 | +239.8% |
| Suppliers | 440/4 | €605 | €2,056 | +€1,451 | +239.8% |
| Other amounts payable | 47/48 | €70,015 | €73,812 | +€3,797 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,585 | €30,712 | +€127 | +0.4% |
| Other operating charges | 640/8 | €4,307 | €3,445 | -€862 | -20.0% |
| Gross operating margin | 9900 | €66,724 | €62,079 | -€4,645 | -7.0% |
| Operating profit (loss) | 9901 | €31,833 | €27,922 | -€3,911 | -12.3% |
| Financial charges | 65/66B | €11,051 | €10,308 | -€744 | -6.7% |
| Recurring financial charges | 65 | €11,051 | €10,308 | -€744 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €20,781 | €17,614 | -€3,167 | -15.2% |
| Profit (loss) for the period | 9904 | €20,781 | €17,614 | -€3,167 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,781 | €17,614 | -€3,167 | -15.2% |
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 4 October 2026 via checked.be.