IMMO COLLINE: 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 COLLINE
Largest movements
- Cash -€20,782
down €20,782 (-30.0%), from €69,235 to €48,453
mainly Provisions (-€55,362) and Trade debts (-€14,317)
- Tangible fixed assets -€7,767
down €7,767 (-3.7%), from €210,470 to €202,703
of which Land and buildings: -€8,775
- Profit (loss) carried forward +€174,935
up €174,935 (+60.5%), from -€289,129 to -€114,194
- Reserves -€131,797
down €131,797 (-76.1%), from €173,183 to €41,386
of which Tax-exempt reserves: -€131,797
- Provisions -€55,362
down €55,362 (-63.4%), from €87,362 to €32,000
of which Deferred taxes: -€55,362
- Trade debts -€14,317
down €14,317 (-96.8%), from €14,798 to €481
- Other debts -€4,055
down €4,055 (-23.1%), from €17,580 to €13,525
- Taxes -€14,167
down €14,167 (-100.0%), from €14,167 to €0
- Depreciation -€445
down €445 (-3.1%), from €14,212 to €13,767
- Gross operating margin -€428
down €428 (-8.6%), from €4,999 to €4,571
- Other operating charges -€258
down €258 (-8.0%), from €3,207 to €2,949
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 | €281,752 | €251,156 | -€30,596 | -10.9% |
| Fixed assets | 21/28 | €210,470 | €202,703 | -€7,767 | -3.7% |
| Tangible fixed assets | 22/27 | €210,470 | €202,703 | -€7,767 | -3.7% |
| Land and buildings | 22 | €167,209 | €158,434 | -€8,775 | -5.2% |
| Plant, machinery and equipment | 23 | €43,261 | €44,269 | +€1,008 | +2.3% |
| Current assets | 29/58 | €71,282 | €48,453 | -€22,829 | -32.0% |
| Cash at bank and in hand | 54/58 | €69,235 | €48,453 | -€20,782 | -30.0% |
| Deferred charges and accrued income | 490/1 | €2,047 | - | -€2,047 | |
| Total equity and liabilities | 10/49 | €281,752 | €251,156 | -€30,596 | -10.9% |
| Equity | 10/15 | €117,012 | €160,150 | +€43,138 | +36.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €170,958 | €170,958 | +€0 | 0.0% |
| Reserves | 13 | €173,183 | €41,386 | -€131,797 | -76.1% |
| Tax-exempt reserves | 132 | €131,797 | - | -€131,797 | |
| Distributable reserves | 133 | €41,386 | €41,386 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€289,129 | -€114,194 | +€174,935 | +60.5% |
| Provisions and deferred taxes | 16 | €87,362 | €32,000 | -€55,362 | -63.4% |
| Provisions for liabilities and charges | 160/5 | €32,000 | €32,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €32,000 | €32,000 | = | 0.0% |
| Deferred taxes | 168 | €55,362 | - | -€55,362 | |
| Amounts payable | 17/49 | €77,378 | €59,006 | -€18,372 | -23.7% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,378 | €14,006 | -€18,372 | -56.7% |
| Trade debts | 44 | €14,798 | €481 | -€14,317 | -96.8% |
| Suppliers | 440/4 | €14,798 | €481 | -€14,317 | -96.8% |
| Other amounts payable | 47/48 | €17,580 | €13,525 | -€4,055 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,212 | €13,767 | -€445 | -3.1% |
| Other operating charges | 640/8 | €3,207 | €2,949 | -€258 | -8.0% |
| Gross operating margin | 9900 | €4,999 | €4,571 | -€428 | -8.6% |
| Operating profit (loss) | 9901 | -€12,420 | -€12,146 | +€274 | +2.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €66 | €78 | +€12 | +18.4% |
| Recurring financial charges | 65 | €66 | €78 | +€12 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,486 | -€12,224 | +€262 | +2.1% |
| Transfer from deferred taxes | 780 | €1,387 | €55,362 | +€53,975 | +3891.5% |
| Income taxes | 67/77 | €14,167 | €0 | -€14,167 | -100.0% |
| Profit (loss) for the period | 9904 | -€25,266 | €43,138 | +€68,404 | |
| Transfer from tax-exempt reserves | 789 | €3,303 | €131,797 | +€128,494 | +3890.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,963 | €174,935 | +€196,898 |
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 2 October 2026 via checked.be.