IMMO AL SOL: 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 AL SOL
Largest movements
- Tangible fixed assets -€9,520
down €9,520 (-4.2%), from €224,760 to €215,240
of which Land and buildings: -€7,983
- Cash +€5,591
up €5,591 (+20.8%), from €26,938 to €32,529
mainly Provisions (+€25,000) and Depreciation (+€9,882)
- Profit (loss) carried forward -€29,128
down €29,128 (-42.8%), from -€68,100 to -€97,229
- Provisions +€25,000
new in 2025: €25,000
- Provisions +€25,000
new in 2025: €25,000
- Gross operating margin +€12,276
up €12,276, from -€3,966 to €8,310
- Depreciation -€857
down €857 (-8.0%), from €10,739 to €9,882
- Other operating charges +€772
up €772 (+52.1%), from €1,482 to €2,254
- Financial income -€601
no longer reported in 2025 (was €601)
of which Financial income: -€601
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 | €252,060 | €249,387 | -€2,674 | -1.1% |
| Formation expenses | 20 | €363 | - | -€363 | |
| Fixed assets | 21/28 | €224,760 | €215,240 | -€9,520 | -4.2% |
| Tangible fixed assets | 22/27 | €224,760 | €215,240 | -€9,520 | -4.2% |
| Land and buildings | 22 | €218,519 | €210,536 | -€7,983 | -3.7% |
| Plant, machinery and equipment | 23 | €6,240 | €4,704 | -€1,536 | -24.6% |
| Current assets | 29/58 | €26,938 | €34,146 | +€7,208 | +26.8% |
| Cash at bank and in hand | 54/58 | €26,938 | €32,529 | +€5,591 | +20.8% |
| Deferred charges and accrued income | 490/1 | - | €1,617 | +€1,617 | |
| Total equity and liabilities | 10/49 | €252,060 | €249,387 | -€2,674 | -1.1% |
| Equity | 10/15 | €251,900 | €222,771 | -€29,128 | -11.6% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,100 | -€97,229 | -€29,128 | -42.8% |
| Provisions and deferred taxes | 16 | - | €25,000 | +€25,000 | |
| Provisions for liabilities and charges | 160/5 | - | €25,000 | +€25,000 | |
| Other liabilities and charges | 164/5 | - | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €161 | €1,615 | +€1,455 | +906% |
| Accrued charges and deferred income | 492/3 | €161 | €1,615 | +€1,455 | +906% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,739 | €9,882 | -€857 | -8.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €1,482 | €2,254 | +€772 | +52.1% |
| Gross operating margin | 9900 | -€3,966 | €8,310 | +€12,276 | |
| Operating profit (loss) | 9901 | -€16,187 | -€28,826 | -€12,640 | -78.1% |
| Financial income | 75/76B | €601 | - | -€601 | |
| Recurring financial income | 75 | €601 | - | -€601 | |
| Non-recurring financial income | 76B | €601 | - | -€601 | |
| Financial charges | 65/66B | €50 | €302 | +€252 | +498% |
| Recurring financial charges | 65 | €50 | €52 | +€2 | +3.0% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | -€15,636 | -€29,128 | -€13,492 | -86.3% |
| Profit (loss) for the period | 9904 | -€15,636 | -€29,128 | -€13,492 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,636 | -€29,128 | -€13,492 | -86.3% |
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 13 October 2026 via checked.be.