Immo Eeklo: 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.
What changed
Immo Eeklo
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€535,739
2024 · -€758,990+€223,251
Equity
€11.4m
2024 · €11.9m-€535,739
Cash
€106
2024 · €557-€451
Balance sheet total
€26.0m
2024 · €26.8m-€769,731
Largest movements
Assets
- Tangible fixed assets -€659,234
down €659,234 (-2.5%), from €26.6m to €25.9m
of which Land and buildings: -€779,234
Equity and liabilities
- Profit (loss) carried forward -€535,739
down €535,739 (-36.0%), from -€1.5m to -€2.0m
Income statement
- Financial charges -€194,828
down €194,828 (-21.8%), from €892,920 to €698,092
- Gross operating margin +€32,963
up €32,963 (+3.3%), from €1.0m to €1.0m
- Turnover +€25,320
up €25,320 (+2.0%), from €1.3m to €1.3m
- Depreciation +€15,160
up €15,160 (+1.8%), from €855,259 to €870,419
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.
Result 2024
-€758,990
Gross operating margin
+€32,963
Depreciation
-€15,160
Other operating charges
+€10,619
Financial income
-€0
Financial charges
+€194,828
Result 2025
-€535,739
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.
From operations
+€141,919
Investment
-€142,370
Financing
€0
Cash 2024
€557
From operations (derived)
+€141,919
Net result for the year
-€535,739
Depreciation
+€870,419
Receivables within one year
+€41,231
Trade debts
-€104,698
Tax, wage and social debts
-€43,043
Other debts
-€17,349
Accrued charges and deferred income
-€68,902
Investment (derived)
-€142,370
Investment in fixed assets (net)
-€142,370
Cash 2025
€106
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,805,844 | €26,036,113 | -€769,731 | -2.9% |
| Formation expenses | 20 | €166,600 | €97,786 | -€68,814 | -41.3% |
| Fixed assets | 21/28 | €26,597,455 | €25,938,221 | -€659,234 | -2.5% |
| Tangible fixed assets | 22/27 | €26,597,455 | €25,938,221 | -€659,234 | -2.5% |
| Land and buildings | 22 | €25,817,297 | €25,038,062 | -€779,234 | -3.0% |
| Assets under construction and advance payments | 27 | €780,158 | €900,158 | +€120,000 | +15.4% |
| Current assets | 29/58 | €41,789 | €106 | -€41,682 | -99.7% |
| Amounts receivable within one year | 40/41 | €41,231 | €0 | -€41,231 | -100.0% |
| Trade receivables | 40 | €41,231 | €0 | -€41,231 | -100.0% |
| Cash at bank and in hand | 54/58 | €557 | €106 | -€451 | -80.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €26,805,844 | €26,036,113 | -€769,731 | -2.9% |
| Equity | 10/15 | €11,943,221 | €11,407,481 | -€535,739 | -4.5% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €11,427,999 | €11,427,999 | = | 0.0% |
| Reserves | 13 | €1,880 | €1,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,880 | €1,880 | = | 0.0% |
| Legal reserve | 130 | €1,880 | €1,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,486,659 | -€2,022,398 | -€535,739 | -36.0% |
| Amounts payable | 17/49 | €14,862,623 | €14,628,631 | -€233,992 | -1.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €14,778,782 | €14,613,693 | -€165,090 | -1.1% |
| Financial debts | 43 | €14,000,000 | €14,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €14,000,000 | €14,000,000 | = | 0.0% |
| Trade debts | 44 | €192,694 | €87,996 | -€104,698 | -54.3% |
| Suppliers | 440/4 | €192,694 | €87,996 | -€104,698 | -54.3% |
| Taxes, remuneration and social security | 45 | €43,043 | €0 | -€43,043 | -100.0% |
| Taxes | 450/3 | €43,043 | €0 | -€43,043 | -100.0% |
| Other amounts payable | 47/48 | €543,046 | €525,697 | -€17,349 | -3.2% |
| Accrued charges and deferred income | 492/3 | €83,841 | €14,939 | -€68,902 | -82.2% |
| Turnover | 70 | €1,266,000 | €1,291,320 | +€25,320 | +2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €264,023 | €265,261 | +€1,238 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855,259 | €870,419 | +€15,160 | +1.8% |
| Other operating charges | 640/8 | €12,788 | €2,169 | -€10,619 | -83.0% |
| Gross operating margin | 9900 | €1,001,977 | €1,034,940 | +€32,963 | +3.3% |
| Operating profit (loss) | 9901 | €133,930 | €162,352 | +€28,422 | +21.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €892,920 | €698,092 | -€194,828 | -21.8% |
| Recurring financial charges | 65 | €892,920 | €698,092 | -€194,828 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€758,990 | -€535,739 | +€223,251 | +29.4% |
| Profit (loss) for the period | 9904 | -€758,990 | -€535,739 | +€223,251 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€758,990 | -€535,739 | +€223,251 | +29.4% |
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.