IMMO BLATEC: 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 BLATEC
Largest movements
- Cash +€9,545
up €9,545 (+33.7%), from €28,360 to €37,904
mainly Net result for the year (+€8,121) and Depreciation (+€2,734)
- Tangible fixed assets -€2,734
down €2,734 (-5.0%), from €54,376 to €51,641
- Receivables within one year +€2,050
up €2,050 (+2.6%), from €78,532 to €80,581
of which Other amounts receivable: +€2,231
- Reserves +€8,121
up €8,121 (+13.1%), from €61,961 to €70,082
of which Distributable reserves: +€8,121
- Other operating charges +€244
up €244 (+3.4%), from €7,129 to €7,373
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 | €161,267 | €170,127 | +€8,860 | +5.5% |
| Fixed assets | 21/28 | €54,376 | €51,641 | -€2,734 | -5.0% |
| Tangible fixed assets | 22/27 | €54,376 | €51,641 | -€2,734 | -5.0% |
| Land and buildings | 22 | €54,376 | €51,641 | -€2,734 | -5.0% |
| Current assets | 29/58 | €106,892 | €118,486 | +€11,594 | +10.8% |
| Amounts receivable within one year | 40/41 | €78,532 | €80,581 | +€2,050 | +2.6% |
| Trade receivables | 40 | €182 | - | -€182 | |
| Other amounts receivable | 41 | €78,350 | €80,581 | +€2,231 | +2.8% |
| Cash at bank and in hand | 54/58 | €28,360 | €37,904 | +€9,545 | +33.7% |
| Total equity and liabilities | 10/49 | €161,267 | €170,127 | +€8,860 | +5.5% |
| Equity | 10/15 | €155,169 | €163,290 | +€8,121 | +5.2% |
| Contributions | 10/11 | €93,208 | €93,208 | = | 0.0% |
| Capital | 10 | €93,208 | €93,208 | = | 0.0% |
| Issued capital | 100 | €93,208 | €93,208 | = | 0.0% |
| Reserves | 13 | €61,961 | €70,082 | +€8,121 | +13.1% |
| Non-distributable reserves | 130/1 | €9,321 | €9,321 | = | 0.0% |
| Legal reserve | 130 | €9,321 | €9,321 | = | 0.0% |
| Distributable reserves | 133 | €52,641 | €60,761 | +€8,121 | +15.4% |
| Amounts payable | 17/49 | €6,098 | €6,837 | +€739 | +12.1% |
| Amounts payable within one year | 42/48 | €5,790 | €6,709 | +€919 | +15.9% |
| Trade debts | 44 | €115 | €1,034 | +€919 | +799% |
| Suppliers | 440/4 | €115 | €1,034 | +€919 | +799% |
| Other amounts payable | 47/48 | €5,675 | €5,675 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €308 | €128 | -€180 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,734 | €2,734 | +€0 | 0.0% |
| Other operating charges | 640/8 | €7,129 | €7,373 | +€244 | +3.4% |
| Gross operating margin | 9900 | €16,239 | €16,264 | +€26 | +0.2% |
| Operating profit (loss) | 9901 | €6,375 | €6,156 | -€219 | -3.4% |
| Financial income | 75/76B | €2,356 | €2,231 | -€125 | -5.3% |
| Recurring financial income | 75 | €2,356 | €2,231 | -€125 | -5.3% |
| Financial charges | 65/66B | €208 | €267 | +€59 | +28.4% |
| Recurring financial charges | 65 | €208 | €267 | +€59 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €8,524 | €8,121 | -€403 | -4.7% |
| Profit (loss) for the period | 9904 | €8,524 | €8,121 | -€403 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,524 | €8,121 | -€403 | -4.7% |
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 15 October 2026 via checked.be.