IMMO BENLIN: 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.
IMMO BENLIN
Largest movements
- Current investments -€51,621
down €51,621 (-17.0%), from €304,268 to €252,647
- Cash +€18,379
up €18,379 (+101.0%), from €18,197 to €36,575
mainly Net result for the year (+€69,067) and Current investments (+€51,621)
- Tangible fixed assets -€9,469
down €9,469 (-4.1%), from €233,481 to €224,013
- Trade debts -€130,398
down €130,398 (-95.9%), from €135,915 to €5,517
- Profit (loss) carried forward +€69,067
up €69,067 (+24.8%), from €278,439 to €347,507
- Tax, wage and social debts +€18,619
up €18,619 (+337.5%), from €5,517 to €24,136
- Depreciation +€8,841
up €8,841 (+1408.0%), from €628 to €9,469
- Gross operating margin -€5,160
down €5,160 (-4.3%), from €119,474 to €114,314
- Other operating charges -€1,696
down €1,696 (-12.0%), from €14,141 to €12,445
- Taxes -€1,517
down €1,517 (-5.8%), from €26,030 to €24,513
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 | €555,946 | €513,235 | -€42,711 | -7.7% |
| Fixed assets | 21/28 | €233,481 | €224,013 | -€9,469 | -4.1% |
| Tangible fixed assets | 22/27 | €233,481 | €224,013 | -€9,469 | -4.1% |
| Land and buildings | 22 | €233,481 | €224,013 | -€9,469 | -4.1% |
| Current assets | 29/58 | €322,465 | €289,222 | -€33,242 | -10.3% |
| Current investments | 50/53 | €304,268 | €252,647 | -€51,621 | -17.0% |
| Cash at bank and in hand | 54/58 | €18,197 | €36,575 | +€18,379 | +101.0% |
| Total equity and liabilities | 10/49 | €555,946 | €513,235 | -€42,711 | -7.7% |
| Equity | 10/15 | €346,089 | €415,157 | +€69,067 | +20.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,439 | €347,507 | +€69,067 | +24.8% |
| Amounts payable | 17/49 | €209,857 | €98,079 | -€111,778 | -53.3% |
| Amounts payable within one year | 42/48 | €209,857 | €98,079 | -€111,778 | -53.3% |
| Trade debts | 44 | €135,915 | €5,517 | -€130,398 | -95.9% |
| Suppliers | 440/4 | €135,915 | €5,517 | -€130,398 | -95.9% |
| Taxes, remuneration and social security | 45 | €5,517 | €24,136 | +€18,619 | +337.5% |
| Taxes | 450/3 | €5,517 | €24,136 | +€18,619 | +337.5% |
| Other amounts payable | 47/48 | €68,425 | €68,425 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €9,469 | +€8,841 | +1408.0% |
| Other operating charges | 640/8 | €14,141 | €12,445 | -€1,696 | -12.0% |
| Gross operating margin | 9900 | €119,474 | €114,314 | -€5,160 | -4.3% |
| Operating profit (loss) | 9901 | €104,705 | €92,400 | -€12,305 | -11.8% |
| Financial income | 75/76B | €1,708 | €1,256 | -€453 | -26.5% |
| Recurring financial income | 75 | €1,708 | €1,256 | -€453 | -26.5% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €106,340 | €93,581 | -€12,759 | -12.0% |
| Income taxes | 67/77 | €26,030 | €24,513 | -€1,517 | -5.8% |
| Profit (loss) for the period | 9904 | €80,310 | €69,067 | -€11,243 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,310 | €69,067 | -€11,243 | -14.0% |
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 30 September 2026 via checked.be.