IMMO FLAGOTHIER: 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 FLAGOTHIER
Largest movements
- Cash +€18,875
up €18,875 (+96.5%), from €19,566 to €38,441
mainly Depreciation (+€18,630) and Net result for the year (+€1,837)
- Tangible fixed assets -€18,630
down €18,630 (-3.9%), from €483,559 to €464,929
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€68,677
down €68,677 (-78.7%), from €87,307 to €18,630
- Gross operating margin +€12,991
up €12,991 (+91.3%), from €14,227 to €27,218
- Other operating charges +€6,342
up €6,342 (+1637.3%), from €387 to €6,729
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 | €503,950 | €503,369 | -€580 | -0.1% |
| Fixed assets | 21/28 | €483,559 | €464,929 | -€18,630 | -3.9% |
| Tangible fixed assets | 22/27 | €483,559 | €464,929 | -€18,630 | -3.9% |
| Land and buildings | 22 | €483,559 | €464,929 | -€18,630 | -3.9% |
| Current assets | 29/58 | €20,391 | €38,441 | +€18,050 | +88.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,566 | €38,441 | +€18,875 | +96.5% |
| Deferred charges and accrued income | 490/1 | €825 | €0 | -€825 | -100.0% |
| Total equity and liabilities | 10/49 | €503,950 | €503,369 | -€580 | -0.1% |
| Equity | 10/15 | €1,482 | €3,319 | +€1,837 | +123.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,518 | -€71,681 | +€1,837 | +2.5% |
| Amounts payable | 17/49 | €502,467 | €500,050 | -€2,417 | -0.5% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,467 | €50 | -€2,417 | -98.0% |
| Trade debts | 44 | €2,467 | €50 | -€2,417 | -98.0% |
| Suppliers | 440/4 | €2,467 | €50 | -€2,417 | -98.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,307 | €18,630 | -€68,677 | -78.7% |
| Other operating charges | 640/8 | €387 | €6,729 | +€6,342 | +1637.3% |
| Gross operating margin | 9900 | €14,227 | €27,218 | +€12,991 | +91.3% |
| Operating profit (loss) | 9901 | -€73,468 | €1,858 | +€75,326 | |
| Financial charges | 65/66B | €50 | €21 | -€29 | -57.8% |
| Recurring financial charges | 65 | €50 | €21 | -€29 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€73,518 | €1,837 | +€75,355 | |
| Profit (loss) for the period | 9904 | -€73,518 | €1,837 | +€75,355 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,518 | €1,837 | +€75,355 |
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 10 October 2026 via checked.be.