IMMO DE SLEGTE: 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.
What changed
IMMO DE SLEGTE
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
-€21,376
31-12-2024 · -€45,143+€23,767
Equity
€159,915
31-12-2024 · €183,557-€23,641
Cash
€9,498
31-12-2024 · €8,143+€1,355
Balance sheet total
€2.0m
31-12-2024 · €2.1m-€122,039
Largest movements
Assets
- Tangible fixed assets -€123,654
down €123,654 (-5.9%), from €2.1m to €2.0m
of which Land and buildings: -€123,269
Equity and liabilities
- Debts after one year -€99,107
down €99,107 (-6.1%), from €1.6m to €1.5m
of which Financial debts: -€99,107
Income statement
- Gross operating margin +€12,031
up €12,031 (+9.1%), from €131,701 to €143,732
- Depreciation -€10,206
down €10,206 (-7.5%), from €136,584 to €126,378
- Financial charges -€1,793
down €1,793 (-5.2%), from €34,501 to €32,709
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
-€45,143
Gross operating margin
+€12,031
Depreciation
+€10,206
Other operating charges
-€263
Financial charges
+€1,793
Result 31-12-2025
-€21,376
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€103,766
Investment
-€2,724
Financing
-€99,687
Cash 31-12-2024
€8,143
From operations (derived)
+€103,766
Net result for the year
-€21,376
Depreciation
+€126,378
Smaller working-capital items
-€290
Provisions
-€755
Trade debts
+€1,858
Other debts
-€4,582
Accrued charges and deferred income
+€2,533
Investment (derived)
-€2,724
Investment in fixed assets (net)
-€2,724
Financing
-€99,687
Debts after one year
-€99,107
Current portion of long-term debt
+€1,693
Short-term financial debts
-€8
Contributions, distributions and other
-€2,265
Cash 31-12-2025
€9,498
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,139,048 | €2,017,009 | -€122,039 | -5.7% |
| Fixed assets | 21/28 | €2,111,212 | €1,987,558 | -€123,654 | -5.9% |
| Tangible fixed assets | 22/27 | €2,111,212 | €1,987,558 | -€123,654 | -5.9% |
| Land and buildings | 22 | €2,100,352 | €1,977,083 | -€123,269 | -5.9% |
| Furniture and vehicles | 24 | €10,860 | €10,475 | -€385 | -3.5% |
| Current assets | 29/58 | €27,837 | €29,451 | +€1,615 | +5.8% |
| Amounts receivable within one year | 40/41 | €14,061 | €14,116 | +€56 | +0.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €14,061 | €14,116 | +€56 | +0.4% |
| Cash at bank and in hand | 54/58 | €8,143 | €9,498 | +€1,355 | +16.6% |
| Deferred charges and accrued income | 490/1 | €5,632 | €5,837 | +€204 | +3.6% |
| Total equity and liabilities | 10/49 | €2,139,048 | €2,017,009 | -€122,039 | -5.7% |
| Equity | 10/15 | €183,557 | €159,915 | -€23,641 | -12.9% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €29,747 | €29,747 | = | 0.0% |
| Distributable reserves | 133 | €29,747 | €29,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,172 | -€203,548 | -€21,376 | -11.7% |
| Investment grants | 15 | €38,509 | €36,244 | -€2,265 | -5.9% |
| Provisions and deferred taxes | 16 | €12,836 | €12,081 | -€755 | -5.9% |
| Deferred taxes | 168 | €12,836 | €12,081 | -€755 | -5.9% |
| Amounts payable | 17/49 | €1,942,655 | €1,845,012 | -€97,643 | -5.0% |
| Amounts payable after more than one year | 17 | €1,615,623 | €1,516,515 | -€99,107 | -6.1% |
| Financial debts | 170/4 | €1,455,623 | €1,356,515 | -€99,107 | -6.8% |
| Other amounts payable | 178/9 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €312,739 | €311,670 | -€1,069 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €97,414 | €99,107 | +€1,693 | +1.7% |
| Financial debts | 43 | €2,388 | €2,381 | -€8 | -0.3% |
| Credit institutions | 430/8 | €2,388 | €2,381 | -€8 | -0.3% |
| Trade debts | 44 | €616 | €2,474 | +€1,858 | +302% |
| Suppliers | 440/4 | €616 | €2,474 | +€1,858 | +302% |
| Taxes, remuneration and social security | 45 | €30 | - | -€30 | |
| Taxes | 450/3 | €30 | - | -€30 | |
| Other amounts payable | 47/48 | €212,291 | €207,708 | -€4,582 | -2.2% |
| Accrued charges and deferred income | 492/3 | €14,294 | €16,826 | +€2,533 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,584 | €126,378 | -€10,206 | -7.5% |
| Other operating charges | 640/8 | €8,779 | €9,041 | +€263 | +3.0% |
| Gross operating margin | 9900 | €131,701 | €143,732 | +€12,031 | +9.1% |
| Operating profit (loss) | 9901 | -€13,663 | €8,312 | +€21,975 | |
| Financial income | 75/76B | €2,265 | €2,265 | = | 0.0% |
| Recurring financial income | 75 | €2,265 | €2,265 | = | 0.0% |
| Financial charges | 65/66B | €34,501 | €32,709 | -€1,793 | -5.2% |
| Recurring financial charges | 65 | €34,501 | €32,709 | -€1,793 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€45,898 | -€22,131 | +€23,767 | +51.8% |
| Transfer from deferred taxes | 780 | €755 | €755 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€45,143 | -€21,376 | +€23,767 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,143 | -€21,376 | +€23,767 | +52.6% |
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 22 October 2026 via checked.be.