IMMO BELLOMO: 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 BELLOMO
Largest movements
- Tangible fixed assets -€19,088
down €19,088 (-25.0%), from €76,424 to €57,336
of which Plant, machinery and equipment: -€15,622
- Receivables within one year +€6,511
up €6,511 (+53.6%), from €12,141 to €18,652
of which Other amounts receivable: +€6,511
- Cash +€3,423
up €3,423 (+80.5%), from €4,252 to €7,675
mainly Depreciation (+€19,088) and Net result for the year (+€2,726)
- Deferred charges and accrued income +€2,300
up €2,300 (+35.1%), from €6,550 to €8,850
- Debts after one year -€9,843
down €9,843 (-11.1%), from €88,319 to €78,476
- Profit (loss) carried forward +€2,726
up €2,726 (+12.6%), from -€21,561 to -€18,834
- Gross operating margin +€7,363
up €7,363 (+40.0%), from €18,411 to €25,774
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 | €99,367 | €92,514 | -€6,853 | -6.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €76,424 | €57,336 | -€19,088 | -25.0% |
| Tangible fixed assets | 22/27 | €76,424 | €57,336 | -€19,088 | -25.0% |
| Land and buildings | 22 | €29,825 | €26,359 | -€3,466 | -11.6% |
| Plant, machinery and equipment | 23 | €46,599 | €30,977 | -€15,622 | -33.5% |
| Current assets | 29/58 | €22,943 | €35,178 | +€12,234 | +53.3% |
| Amounts receivable within one year | 40/41 | €12,141 | €18,652 | +€6,511 | +53.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €12,141 | €18,652 | +€6,511 | +53.6% |
| Cash at bank and in hand | 54/58 | €4,252 | €7,675 | +€3,423 | +80.5% |
| Deferred charges and accrued income | 490/1 | €6,550 | €8,850 | +€2,300 | +35.1% |
| Total equity and liabilities | 10/49 | €99,367 | €92,514 | -€6,853 | -6.9% |
| Equity | 10/15 | €1,436 | €4,162 | +€2,726 | +190% |
| Contributions | 10/11 | €20,906 | €20,906 | = | 0.0% |
| Reserves | 13 | €2,091 | €2,091 | = | 0.0% |
| Distributable reserves | 133 | €2,091 | €2,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,561 | -€18,834 | +€2,726 | +12.6% |
| Amounts payable | 17/49 | €97,931 | €88,352 | -€9,580 | -9.8% |
| Amounts payable after more than one year | 17 | €88,319 | €78,476 | -€9,843 | -11.1% |
| Financial debts | 170/4 | €88,319 | €78,476 | -€9,843 | -11.1% |
| Amounts payable within one year | 42/48 | €9,612 | €9,876 | +€264 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €9,593 | €9,843 | +€250 | +2.6% |
| Trade debts | 44 | €19 | €33 | +€13 | +69.2% |
| Suppliers | 440/4 | €19 | €33 | +€13 | +69.2% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,088 | €19,088 | = | 0.0% |
| Other operating charges | 640/8 | €1,407 | €1,450 | +€44 | +3.1% |
| Gross operating margin | 9900 | €18,411 | €25,774 | +€7,363 | +40.0% |
| Operating profit (loss) | 9901 | -€2,083 | €5,236 | +€7,319 | |
| Financial charges | 65/66B | €2,754 | €2,510 | -€244 | -8.9% |
| Recurring financial charges | 65 | €2,754 | €2,510 | -€244 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,837 | €2,726 | +€7,563 | |
| Profit (loss) for the period | 9904 | -€4,837 | €2,726 | +€7,563 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,837 | €2,726 | +€7,563 |
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 16 October 2026 via checked.be.