IMMO - EIFEL - ARDENNES: what changed
IMMO - EIFEL - ARDENNES
Largest movements
- Cash +€11,049
up €11,049 (+8.3%), from €133,411 to €144,460
mainly Other debts (+€10,924) and Depreciation (+€2,349)
- Other debts +€10,924
up €10,924 (+28.0%), from €39,044 to €49,968
- Gross operating margin -€2,670
down €2,670 (-37.7%), from €7,081 to €4,411
- Financial charges +€2,498
up €2,498 (+298%), from €839 to €3,337
- Other operating charges -€291
down €291 (-14.6%), from €1,988 to €1,697
- Financial income -€183
no longer reported in 2025 (was €183)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,160 | €364,860 | +€8,700 | +2.4% |
| Fixed assets | 21/28 | €222,750 | €220,400 | -€2,349 | -1.1% |
| Tangible fixed assets | 22/27 | €222,750 | €220,400 | -€2,349 | -1.1% |
| Land and buildings | 22 | €222,750 | €220,400 | -€2,349 | -1.1% |
| Current assets | 29/58 | €133,411 | €144,460 | +€11,049 | +8.3% |
| Cash at bank and in hand | 54/58 | €133,411 | €144,460 | +€11,049 | +8.3% |
| Total equity and liabilities | 10/49 | €356,160 | €364,860 | +€8,700 | +2.4% |
| Equity | 10/15 | €316,925 | €313,952 | -€2,973 | -0.9% |
| Contributions | 10/11 | €223,000 | €223,000 | = | 0.0% |
| Capital | 10 | €223,000 | €223,000 | = | 0.0% |
| Issued capital | 100 | €223,000 | €223,000 | = | 0.0% |
| Reserves | 13 | €14,611 | €14,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,611 | €2,611 | = | 0.0% |
| Legal reserve | 130 | €2,611 | €2,611 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,314 | €76,341 | -€2,973 | -3.7% |
| Amounts payable | 17/49 | €39,235 | €50,908 | +€11,673 | +29.8% |
| Amounts payable within one year | 42/48 | €39,218 | €50,891 | +€11,673 | +29.8% |
| Taxes, remuneration and social security | 45 | €174 | €922 | +€749 | +432% |
| Taxes | 450/3 | €174 | €922 | +€749 | +432% |
| Other amounts payable | 47/48 | €39,044 | €49,968 | +€10,924 | +28.0% |
| Accrued charges and deferred income | 492/3 | €17 | €17 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,349 | €2,349 | = | 0.0% |
| Other operating charges | 640/8 | €1,988 | €1,697 | -€291 | -14.6% |
| Gross operating margin | 9900 | €7,081 | €4,411 | -€2,670 | -37.7% |
| Operating profit (loss) | 9901 | €2,743 | €364 | -€2,379 | -86.7% |
| Financial income | 75/76B | €183 | - | -€183 | |
| Recurring financial income | 75 | €183 | - | -€183 | |
| Financial charges | 65/66B | €839 | €3,337 | +€2,498 | +298% |
| Recurring financial charges | 65 | €839 | €3,337 | +€2,498 | +298% |
| Profit (loss) for the period before taxes | 9903 | €2,088 | -€2,973 | -€5,060 | |
| Profit (loss) for the period | 9904 | €2,088 | -€2,973 | -€5,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,088 | -€2,973 | -€5,060 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.