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Immo Fallay: 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 Fallay

BE 0798.303.961
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,039
2024 · €10,653+€4,386
Equity
€3,000
2024 · €15,871-€12,871
Cash
€38,248
2024 · €21,112+€17,136
Balance sheet total
€38,352
2024 · €21,112+€17,240

Largest movements

2024 to 2025
Assets
  • Cash +€17,136

    up €17,136 (+81.2%), from €21,112 to €38,248

    mainly Other debts (+€27,051) and Net result for the year (+€15,039)

Equity and liabilities
  • Other debts +€27,051

    up €27,051 (+2975.9%), from €909 to €27,960

  • Profit (loss) carried forward -€12,871

    no longer reported in 2025 (was €12,871)

  • Tax, wage and social debts +€3,060

    up €3,060 (+70.6%), from €4,332 to €7,392

Income statement
  • Gross operating margin +€6,894

    up €6,894 (+50.6%), from €13,625 to €20,519

  • Taxes +€2,488

    up €2,488 (+98.5%), from €2,525 to €5,013

From the 2024 result to the 2025 result

effect on the 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 €10,653
Gross operating margin +€6,894
Other operating charges -€12
Financial income +€1
Financial charges -€9
Taxes -€2,488
Result 2025 €15,039

Cash bridge derived

cash 2024 to 2025

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 +€45,046
Investment €0
Financing -€27,910
Cash 2024 €21,112
Net result for the year +€15,039
Receivables within one year -€104
Tax, wage and social debts +€3,060
Other debts +€27,051
Contributions, distributions and other -€27,910
Cash 2025 €38,248
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €21,112 €38,352 +€17,240 +81.7%
Current assets 29/58 €21,112 €38,352 +€17,240 +81.7%
Amounts receivable within one year 40/41 - €104 +€104
Trade receivables 40 - €104 +€104
Cash at bank and in hand 54/58 €21,112 €38,248 +€17,136 +81.2%
Total equity and liabilities 10/49 €21,112 €38,352 +€17,240 +81.7%
Equity 10/15 €15,871 €3,000 -€12,871 -81.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €12,871 - -€12,871
Amounts payable 17/49 €5,241 €35,352 +€30,111 +574.6%
Amounts payable within one year 42/48 €5,241 €35,352 +€30,111 +574.6%
Taxes, remuneration and social security 45 €4,332 €7,392 +€3,060 +70.6%
Taxes 450/3 €4,332 €7,392 +€3,060 +70.6%
Other amounts payable 47/48 €909 €27,960 +€27,051 +2975.9%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €13,625 €20,519 +€6,894 +50.6%
Operating profit (loss) 9901 €13,238 €20,119 +€6,881 +52.0%
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €60 €69 +€9 +15.8%
Recurring financial charges 65 €60 €69 +€9 +15.8%
Profit (loss) for the period before taxes 9903 €13,178 €20,051 +€6,873 +52.2%
Income taxes 67/77 €2,525 €5,013 +€2,488 +98.5%
Profit (loss) for the period 9904 €10,653 €15,039 +€4,386 +41.2%
Profit (loss) for the period to be appropriated 9905 €10,653 €15,039 +€4,386 +41.2%

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 29 September 2026 via checked.be.