Immo Ellimac: 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 Ellimac
Largest movements
- Cash +€40,378
up €40,378 (+30.5%), from €132,589 to €172,968
mainly Other debts (+€36,541) and Net result for the year (+€34,088)
- Other debts +€36,541
new in 2025: €36,541
- Gross operating margin +€37,682
up €37,682 (+133.6%), from €28,215 to €65,897
- Taxes +€10,152
up €10,152 (+778.3%), from €1,304 to €11,456
- Financial income +€3,255
up €3,255 (+31660.2%), from €10 to €3,265
- Depreciation +€1,313
up €1,313 (+9.8%), from €13,386 to €14,699
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 | €223,601 | €261,404 | +€37,803 | +16.9% |
| Fixed assets | 21/28 | €90,420 | €88,311 | -€2,109 | -2.3% |
| Tangible fixed assets | 22/27 | €90,420 | €88,311 | -€2,109 | -2.3% |
| Land and buildings | 22 | €89,147 | €86,309 | -€2,838 | -3.2% |
| Furniture and vehicles | 24 | €1,273 | €2,002 | +€729 | +57.3% |
| Current assets | 29/58 | €133,181 | €173,093 | +€39,912 | +30.0% |
| Amounts receivable within one year | 40/41 | €591 | - | -€591 | |
| Other amounts receivable | 41 | €591 | - | -€591 | |
| Cash at bank and in hand | 54/58 | €132,589 | €172,968 | +€40,378 | +30.5% |
| Deferred charges and accrued income | 490/1 | - | €125 | +€125 | |
| Total equity and liabilities | 10/49 | €223,601 | €261,404 | +€37,803 | +16.9% |
| Equity | 10/15 | €208,730 | €208,818 | +€88 | 0.0% |
| 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% |
| Reserves | 13 | €146,730 | €146,818 | +€88 | +0.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €140,530 | €140,618 | +€88 | +0.1% |
| Amounts payable | 17/49 | €14,871 | €52,586 | +€37,715 | +253.6% |
| Amounts payable within one year | 42/48 | €3,659 | €41,155 | +€37,496 | +1024.8% |
| Trade debts | 44 | €858 | €345 | -€513 | -59.8% |
| Suppliers | 440/4 | €858 | €345 | -€513 | -59.8% |
| Taxes, remuneration and social security | 45 | €2,801 | €4,269 | +€1,468 | +52.4% |
| Taxes | 450/3 | €301 | €506 | +€205 | +68.0% |
| Remuneration and social security | 454/9 | €2,500 | €3,764 | +€1,264 | +50.5% |
| Other amounts payable | 47/48 | - | €36,541 | +€36,541 | |
| Accrued charges and deferred income | 492/3 | €11,213 | €11,431 | +€219 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,386 | €14,699 | +€1,313 | +9.8% |
| Other operating charges | 640/8 | €8,296 | €8,612 | +€316 | +3.8% |
| Gross operating margin | 9900 | €28,215 | €65,897 | +€37,682 | +133.6% |
| Operating profit (loss) | 9901 | €6,533 | €42,586 | +€36,053 | +551.9% |
| Financial income | 75/76B | €10 | €3,265 | +€3,255 | +31660.2% |
| Recurring financial income | 75 | €10 | €3,265 | +€3,255 | +31660.2% |
| Financial charges | 65/66B | €335 | €306 | -€28 | -8.5% |
| Recurring financial charges | 65 | €335 | €306 | -€28 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €6,208 | €45,544 | +€39,336 | +633.6% |
| Income taxes | 67/77 | €1,304 | €11,456 | +€10,152 | +778.3% |
| Profit (loss) for the period | 9904 | €4,904 | €34,088 | +€29,185 | +595.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,904 | €34,088 | +€29,185 | +595.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.