IMMO FILIP: 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.
IMMO FILIP
Largest movements
- Tangible fixed assets +€54,447
up €54,447 (+12.9%), from €420,709 to €475,156
of which Furniture and vehicles: +€35,113
- Receivables within one year -€47,291
down €47,291 (-10.8%), from €438,676 to €391,385
of which Other amounts receivable: -€58,101
- Stocks and contracts +€20,661
up €20,661 (+31.0%), from €66,691 to €87,352
- Cash -€18,581
down €18,581 (-51.4%), from €36,173 to €17,592
mainly Other debts (-€129,853) and Investment in fixed assets (net) (-€94,386)
- Reserves +€132,548
up €132,548 (+15.9%), from €834,853 to €967,401
of which Distributable reserves: +€132,548
- Other debts -€129,853
down €129,853 (-74.9%), from €173,253 to €43,400
- Gross operating margin +€41,516
up €41,516 (+20.2%), from €205,401 to €246,918
- Other operating charges +€18,376
up €18,376 (+106%), from €17,320 to €35,696
- Depreciation +€14,141
up €14,141 (+54.8%), from €25,798 to €39,939
- Taxes +€4,451
up €4,451 (+10.6%), from €42,049 to €46,500
- Financial income +€3,228
up €3,228 (+45.1%), from €7,154 to €10,383
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.
Derived cash bridge
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 | €1,226,497 | €1,235,732 | +€9,235 | +0.8% |
| Fixed assets | 21/28 | €673,423 | €727,870 | +€54,447 | +8.1% |
| Tangible fixed assets | 22/27 | €420,709 | €475,156 | +€54,447 | +12.9% |
| Land and buildings | 22 | €405,837 | €410,340 | +€4,503 | +1.1% |
| Plant, machinery and equipment | 23 | €5,090 | €19,921 | +€14,831 | +291% |
| Furniture and vehicles | 24 | €9,781 | €44,894 | +€35,113 | +359% |
| Financial fixed assets | 28 | €252,714 | €252,714 | = | 0.0% |
| Current assets | 29/58 | €553,074 | €507,862 | -€45,212 | -8.2% |
| Stocks and contracts in progress | 3 | €66,691 | €87,352 | +€20,661 | +31.0% |
| Stocks | 30/36 | €66,691 | €87,352 | +€20,661 | +31.0% |
| Amounts receivable within one year | 40/41 | €438,676 | €391,385 | -€47,291 | -10.8% |
| Trade receivables | 40 | €48,448 | €59,258 | +€10,810 | +22.3% |
| Other amounts receivable | 41 | €390,228 | €332,127 | -€58,101 | -14.9% |
| Current investments | 50/53 | €11,534 | €11,534 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,173 | €17,592 | -€18,581 | -51.4% |
| Total equity and liabilities | 10/49 | €1,226,497 | €1,235,732 | +€9,235 | +0.8% |
| Equity | 10/15 | €959,853 | €1,092,401 | +€132,548 | +13.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €834,853 | €967,401 | +€132,548 | +15.9% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €822,353 | €954,901 | +€132,548 | +16.1% |
| Amounts payable | 17/49 | €266,643 | €143,331 | -€123,312 | -46.2% |
| Amounts payable after more than one year | 17 | €22,320 | €30,605 | +€8,286 | +37.1% |
| Financial debts | 170/4 | €22,320 | €30,605 | +€8,286 | +37.1% |
| Amounts payable within one year | 42/48 | €237,823 | €112,725 | -€125,098 | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €31,188 | €25,101 | -€6,088 | -19.5% |
| Trade debts | 44 | €26,332 | €26,191 | -€141 | -0.5% |
| Suppliers | 440/4 | €26,332 | €26,191 | -€141 | -0.5% |
| Taxes, remuneration and social security | 45 | €7,049 | €18,034 | +€10,984 | +156% |
| Taxes | 450/3 | €7,049 | €18,034 | +€10,984 | +156% |
| Other amounts payable | 47/48 | €173,253 | €43,400 | -€129,853 | -74.9% |
| Accrued charges and deferred income | 492/3 | €6,500 | - | -€6,500 | |
| Non-recurring operating income | 76A | €10,500 | €4,000 | -€6,500 | -61.9% |
| Remuneration, social security and pensions | 62 | - | €214 | +€214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,798 | €39,939 | +€14,141 | +54.8% |
| Other operating charges | 640/8 | €17,320 | €35,696 | +€18,376 | +106% |
| Gross operating margin | 9900 | €205,401 | €246,918 | +€41,516 | +20.2% |
| Operating profit (loss) | 9901 | €162,283 | €171,068 | +€8,785 | +5.4% |
| Financial income | 75/76B | €7,154 | €10,383 | +€3,228 | +45.1% |
| Recurring financial income | 75 | €7,154 | €10,383 | +€3,228 | +45.1% |
| Financial charges | 65/66B | €3,017 | €2,403 | -€614 | -20.4% |
| Recurring financial charges | 65 | €3,017 | €2,403 | -€614 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €166,420 | €179,048 | +€12,627 | +7.6% |
| Income taxes | 67/77 | €42,049 | €46,500 | +€4,451 | +10.6% |
| Profit (loss) for the period | 9904 | €124,371 | €132,548 | +€8,177 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,371 | €132,548 | +€8,177 | +6.6% |
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 21 October 2026 via checked.be.