Immo 4 Loc: 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.
Immo 4 Loc
Largest movements
- Tangible fixed assets -€20,430
down €20,430 (-3.9%), from €527,527 to €507,097
- Cash -€8,741
down €8,741 (-73.4%), from €11,911 to €3,170
mainly Debts after one year (-€14,649) and Net result for the year (-€12,734)
- Debts after one year -€14,649
down €14,649 (-3.5%), from €422,224 to €407,575
of which Financial debts: -€29,449
- Profit (loss) carried forward -€12,734
down €12,734 (-31.5%), from €40,475 to €27,742
- Trade debts +€10,761
up €10,761, from €0 to €10,761
- Accrued charges and deferred income -€8,156
down €8,156 (-52.5%), from €15,530 to €7,374
- Gross operating margin -€47,012
down €47,012 (-67.5%), from €69,663 to €22,650
- Taxes -€8,766
down €8,766 (-100.0%), from €8,766 to €0
- Other operating charges -€1,105
down €1,105 (-18.4%), from €5,997 to €4,892
- Financial charges -€1,005
down €1,005 (-9.1%), from €11,067 to €10,062
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 | €539,439 | €510,268 | -€29,171 | -5.4% |
| Fixed assets | 21/28 | €527,527 | €507,097 | -€20,430 | -3.9% |
| Tangible fixed assets | 22/27 | €527,527 | €507,097 | -€20,430 | -3.9% |
| Land and buildings | 22 | €527,527 | €507,097 | -€20,430 | -3.9% |
| Current assets | 29/58 | €11,911 | €3,170 | -€8,741 | -73.4% |
| Cash at bank and in hand | 54/58 | €11,911 | €3,170 | -€8,741 | -73.4% |
| Total equity and liabilities | 10/49 | €539,439 | €510,268 | -€29,171 | -5.4% |
| Equity | 10/15 | €59,075 | €46,342 | -€12,734 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,475 | €27,742 | -€12,734 | -31.5% |
| Amounts payable | 17/49 | €480,363 | €463,926 | -€16,438 | -3.4% |
| Amounts payable after more than one year | 17 | €422,224 | €407,575 | -€14,649 | -3.5% |
| Financial debts | 170/4 | €314,470 | €285,020 | -€29,449 | -9.4% |
| Other amounts payable | 178/9 | €107,755 | €122,555 | +€14,800 | +13.7% |
| Amounts payable within one year | 42/48 | €42,609 | €48,977 | +€6,367 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €28,538 | €29,449 | +€911 | +3.2% |
| Trade debts | 44 | €0 | €10,761 | +€10,761 | |
| Suppliers | 440/4 | €0 | €10,761 | +€10,761 | |
| Taxes, remuneration and social security | 45 | €14,071 | €8,766 | -€5,305 | -37.7% |
| Taxes | 450/3 | €14,071 | €8,766 | -€5,305 | -37.7% |
| Accrued charges and deferred income | 492/3 | €15,530 | €7,374 | -€8,156 | -52.5% |
| Non-recurring operating income | 76A | €47,840 | €0 | -€47,840 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,430 | €20,430 | = | 0.0% |
| Other operating charges | 640/8 | €5,997 | €4,892 | -€1,105 | -18.4% |
| Gross operating margin | 9900 | €69,663 | €22,650 | -€47,012 | -67.5% |
| Operating profit (loss) | 9901 | €43,236 | -€2,671 | -€45,907 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €11,067 | €10,062 | -€1,005 | -9.1% |
| Recurring financial charges | 65 | €11,067 | €10,062 | -€1,005 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €32,169 | -€12,734 | -€44,902 | |
| Income taxes | 67/77 | €8,766 | €0 | -€8,766 | -100.0% |
| Profit (loss) for the period | 9904 | €23,403 | -€12,734 | -€36,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,403 | -€12,734 | -€36,136 |
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 11 October 2026 via checked.be.