IMMO FL: 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 FL
Largest movements
- Stocks and contracts +€259,327
up €259,327 (+49.6%), from €523,046 to €782,372
- Receivables within one year -€25,723
down €25,723 (-99.7%), from €25,788 to €64
- Cash -€13,564
down €13,564 (-93.7%), from €14,481 to €917
mainly Stocks and contracts (-€259,327) and Net result for the year (-€48,230)
- Short-term financial debts +€230,000
up €230,000 (+56.0%), from €411,000 to €641,000
- Profit (loss) carried forward -€48,230
down €48,230 (-328.2%), from -€14,693 to -€62,924
- Other debts +€37,999
up €37,999 (+20490.3%), from €185 to €38,185
- Financial income -€57,262
down €57,262 (-98.8%), from €57,943 to €681
of which Non-recurring financial income: -€55,000
- Financial charges +€10,717
up €10,717 (+86.4%), from €12,401 to €23,119
- Gross operating margin +€2,893
up €2,893 (+9.9%), from -€29,140 to -€26,247
- Taxes +€1,493
new in 2025: €1,493
- Depreciation +€1,235
up €1,235 (+80.7%), from €1,531 to €2,766
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 | €584,764 | €810,246 | +€225,482 | +38.6% |
| Fixed assets | 21/28 | €21,065 | €26,892 | +€5,828 | +27.7% |
| Tangible fixed assets | 22/27 | €5,525 | €11,352 | +€5,828 | +105.5% |
| Plant, machinery and equipment | 23 | €2,680 | €1,684 | -€996 | -37.2% |
| Furniture and vehicles | 24 | €2,844 | €9,668 | +€6,824 | +239.9% |
| Financial fixed assets | 28 | €15,540 | €15,540 | = | 0.0% |
| Current assets | 29/58 | €563,699 | €783,353 | +€219,654 | +39.0% |
| Stocks and contracts in progress | 3 | €523,046 | €782,372 | +€259,327 | +49.6% |
| Stocks | 30/36 | €523,046 | €782,372 | +€259,327 | +49.6% |
| Amounts receivable within one year | 40/41 | €25,788 | €64 | -€25,723 | -99.7% |
| Other amounts receivable | 41 | €25,788 | €64 | -€25,723 | -99.7% |
| Cash at bank and in hand | 54/58 | €14,481 | €917 | -€13,564 | -93.7% |
| Deferred charges and accrued income | 490/1 | €385 | - | -€385 | |
| Total equity and liabilities | 10/49 | €584,764 | €810,246 | +€225,482 | +38.6% |
| Equity | 10/15 | €167,307 | €119,076 | -€48,230 | -28.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €162,000 | €162,000 | = | 0.0% |
| Distributable reserves | 133 | €162,000 | €162,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,693 | -€62,924 | -€48,230 | -328.2% |
| Amounts payable | 17/49 | €417,457 | €691,170 | +€273,712 | +65.6% |
| Amounts payable after more than one year | 17 | - | €5,286 | +€5,286 | |
| Financial debts | 170/4 | - | €5,286 | +€5,286 | |
| Amounts payable within one year | 42/48 | €417,300 | €685,883 | +€268,584 | +64.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,878 | +€2,878 | |
| Financial debts | 43 | €411,000 | €641,000 | +€230,000 | +56.0% |
| Credit institutions | 430/8 | €411,000 | €641,000 | +€230,000 | +56.0% |
| Trade debts | 44 | €6,114 | €3,820 | -€2,294 | -37.5% |
| Suppliers | 440/4 | €6,114 | €3,820 | -€2,294 | -37.5% |
| Other amounts payable | 47/48 | €185 | €38,185 | +€37,999 | +20490.3% |
| Accrued charges and deferred income | 492/3 | €158 | - | -€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €2,766 | +€1,235 | +80.7% |
| Other operating charges | 640/8 | €771 | €1,179 | +€409 | +53.0% |
| Non-recurring operating charges | 66A | - | -€5,893 | -€5,893 | |
| Gross operating margin | 9900 | -€29,140 | -€26,247 | +€2,893 | +9.9% |
| Operating profit (loss) | 9901 | -€31,441 | -€24,300 | +€7,142 | +22.7% |
| Financial income | 75/76B | €57,943 | €681 | -€57,262 | -98.8% |
| Recurring financial income | 75 | €2,943 | €681 | -€2,262 | -76.9% |
| Non-recurring financial income | 76B | €55,000 | - | -€55,000 | |
| Financial charges | 65/66B | €12,401 | €23,119 | +€10,717 | +86.4% |
| Recurring financial charges | 65 | €12,401 | €23,119 | +€10,717 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | €14,100 | -€46,737 | -€60,837 | |
| Income taxes | 67/77 | - | €1,493 | +€1,493 | |
| Profit (loss) for the period | 9904 | €14,100 | -€48,230 | -€62,331 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,100 | -€48,230 | -€62,331 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.