IMMO FLAGEY: 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 FLAGEY
Largest movements
- Tangible fixed assets +€10,440
up €10,440 (+3.7%), from €280,611 to €291,051
of which Plant, machinery and equipment: +€37,921
- Current portion of long-term debt +€6,980
up €6,980 (+22.9%), from €30,498 to €37,478
- Debts after one year +€6,199
up €6,199 (+1.9%), from €327,665 to €333,863
- Gross operating margin +€9,011
up €9,011 (+22.2%), from €40,499 to €49,509
- Depreciation +€8,791
up €8,791 (+26.8%), from €32,826 to €41,617
- Financial charges +€1,318
up €1,318 (+20.5%), from €6,433 to €7,751
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 | €294,203 | €302,682 | +€8,478 | +2.9% |
| Fixed assets | 21/28 | €280,611 | €291,051 | +€10,440 | +3.7% |
| Tangible fixed assets | 22/27 | €280,611 | €291,051 | +€10,440 | +3.7% |
| Land and buildings | 22 | €247,131 | €219,651 | -€27,480 | -11.1% |
| Plant, machinery and equipment | 23 | €33,479 | €71,400 | +€37,921 | +113% |
| Current assets | 29/58 | €13,593 | €11,630 | -€1,962 | -14.4% |
| Amounts receivable within one year | 40/41 | €908 | €958 | +€50 | +5.6% |
| Other amounts receivable | 41 | €908 | €958 | +€50 | +5.6% |
| Cash at bank and in hand | 54/58 | €12,685 | €10,672 | -€2,013 | -15.9% |
| Total equity and liabilities | 10/49 | €294,203 | €302,682 | +€8,478 | +2.9% |
| Equity | 10/15 | -€66,725 | -€68,757 | -€2,033 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,325 | -€87,357 | -€2,033 | -2.4% |
| Amounts payable | 17/49 | €360,928 | €371,439 | +€10,511 | +2.9% |
| Amounts payable after more than one year | 17 | €327,665 | €333,863 | +€6,199 | +1.9% |
| Financial debts | 170/4 | €327,665 | €333,863 | +€6,199 | +1.9% |
| Amounts payable within one year | 42/48 | €33,263 | €37,576 | +€4,312 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €30,498 | €37,478 | +€6,980 | +22.9% |
| Trade debts | 44 | €2,766 | €75 | -€2,690 | -97.3% |
| Suppliers | 440/4 | €2,766 | €75 | -€2,690 | -97.3% |
| Other amounts payable | 47/48 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,826 | €41,617 | +€8,791 | +26.8% |
| Other operating charges | 640/8 | €2,157 | €2,225 | +€68 | +3.2% |
| Gross operating margin | 9900 | €40,499 | €49,509 | +€9,011 | +22.2% |
| Operating profit (loss) | 9901 | €5,516 | €5,668 | +€152 | +2.8% |
| Financial income | 75/76B | €97 | €50 | -€47 | -48.2% |
| Recurring financial income | 75 | €97 | €50 | -€47 | -48.2% |
| Financial charges | 65/66B | €6,433 | €7,751 | +€1,318 | +20.5% |
| Recurring financial charges | 65 | €6,433 | €7,751 | +€1,318 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€820 | -€2,033 | -€1,213 | -148% |
| Profit (loss) for the period | 9904 | -€820 | -€2,033 | -€1,213 | -148% |
| Profit (loss) for the period to be appropriated | 9905 | -€820 | -€2,033 | -€1,213 | -148% |
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 19 October 2026 via checked.be.