IMMO BLC: 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 BLC
Largest movements
- Tangible fixed assets -€23,321
down €23,321 (-3.7%), from €638,753 to €615,432
of which Land and buildings: -€22,772
- Receivables within one year -€20,953
down €20,953 (-87.9%), from €23,842 to €2,889
of which Trade receivables: -€21,199
- Deferred charges and accrued income -€16,141
down €16,141 (-99.2%), from €16,276 to €135
- Cash +€7,653
up €7,653 (+40.7%), from €18,812 to €26,465
mainly Depreciation (+€23,321) and Receivables within one year (+€20,953)
- Profit (loss) carried forward -€30,187
down €30,187 (-3.5%), from -€850,624 to -€880,811
- Other debts -€22,688
down €22,688 (-7.8%), from €289,598 to €266,910
- Debts after one year +€20,522
up €20,522 (+3.5%), from €584,673 to €605,195
- Trade debts -€18,654
down €18,654 (-85.8%), from €21,751 to €3,097
- Revaluation surpluses -€8,433
down €8,433 (-1.9%), from €436,764 to €428,331
- Financial charges -€858
down €858 (-4.0%), from €21,446 to €20,588
- Gross operating margin -€743
down €743 (-3.9%), from €18,907 to €18,163
- Other operating charges +€521
up €521 (+13.3%), from €3,921 to €4,442
- Depreciation -€471
down €471 (-2.0%), from €23,792 to €23,321
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 | €697,683 | €644,921 | -€52,762 | -7.6% |
| Fixed assets | 21/28 | €638,753 | €615,432 | -€23,321 | -3.7% |
| Tangible fixed assets | 22/27 | €638,753 | €615,432 | -€23,321 | -3.7% |
| Land and buildings | 22 | €636,428 | €613,656 | -€22,772 | -3.6% |
| Plant, machinery and equipment | 23 | €2,324 | €1,776 | -€548 | -23.6% |
| Current assets | 29/58 | €58,930 | €29,489 | -€29,441 | -50.0% |
| Amounts receivable within one year | 40/41 | €23,842 | €2,889 | -€20,953 | -87.9% |
| Trade receivables | 40 | €23,842 | €2,643 | -€21,199 | -88.9% |
| Other amounts receivable | 41 | €0 | €246 | +€246 | |
| Cash at bank and in hand | 54/58 | €18,812 | €26,465 | +€7,653 | +40.7% |
| Deferred charges and accrued income | 490/1 | €16,276 | €135 | -€16,141 | -99.2% |
| Total equity and liabilities | 10/49 | €697,683 | €644,921 | -€52,762 | -7.6% |
| Equity | 10/15 | -€200,095 | -€230,282 | -€30,187 | -15.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €436,764 | €428,331 | -€8,433 | -1.9% |
| Reserves | 13 | €151,791 | €160,224 | +€8,433 | +5.6% |
| Distributable reserves | 133 | €151,791 | €160,224 | +€8,433 | +5.6% |
| Profit (loss) carried forward | 14 | -€850,624 | -€880,811 | -€30,187 | -3.5% |
| Amounts payable | 17/49 | €897,778 | €875,203 | -€22,575 | -2.5% |
| Amounts payable after more than one year | 17 | €584,673 | €605,195 | +€20,522 | +3.5% |
| Financial debts | 170/4 | €584,673 | €605,195 | +€20,522 | +3.5% |
| Amounts payable within one year | 42/48 | €313,105 | €270,008 | -€43,097 | -13.8% |
| Trade debts | 44 | €21,751 | €3,097 | -€18,654 | -85.8% |
| Suppliers | 440/4 | €21,751 | €3,097 | -€18,654 | -85.8% |
| Taxes, remuneration and social security | 45 | €1,756 | €0 | -€1,756 | -100.0% |
| Taxes | 450/3 | €1,756 | €0 | -€1,756 | -100.0% |
| Other amounts payable | 47/48 | €289,598 | €266,910 | -€22,688 | -7.8% |
| Non-recurring operating income | 76A | €1,391 | €0 | -€1,391 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,792 | €23,321 | -€471 | -2.0% |
| Other operating charges | 640/8 | €3,921 | €4,442 | +€521 | +13.3% |
| Gross operating margin | 9900 | €18,907 | €18,163 | -€743 | -3.9% |
| Operating profit (loss) | 9901 | -€8,806 | -€9,600 | -€793 | -9.0% |
| Financial income | 75/76B | €1 | €1 | -€0 | -26.5% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -26.5% |
| Financial charges | 65/66B | €21,446 | €20,588 | -€858 | -4.0% |
| Recurring financial charges | 65 | €21,446 | €20,588 | -€858 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,252 | -€30,187 | +€64 | +0.2% |
| Profit (loss) for the period | 9904 | -€30,252 | -€30,187 | +€64 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,252 | -€30,187 | +€64 | +0.2% |
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 29 September 2026 via checked.be.