IMMO FLAMCO: 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 FLAMCO
Largest movements
- Tangible fixed assets +€4,755
up €4,755 (+2.5%), from €191,382 to €196,137
of which Plant, machinery and equipment: +€4,755
- Cash +€4,070
up €4,070 (+23.8%), from €17,135 to €21,205
mainly Net result for the year (+€4,182) and Other debts (+€3,565)
- Reserves +€4,182
up €4,182 (+19.1%), from €21,951 to €26,133
of which Distributable reserves: +€4,182
- Other debts +€3,565
up €3,565 (+8.1%), from €43,900 to €47,465
- Taxes +€1,385
new in 2025: €1,385
- Financial charges -€663
down €663 (-10.9%), from €6,082 to €5,419
of which Financial charges: -€663
- Depreciation +€566
up €566 (+33.3%), from €1,700 to €2,266
- Gross operating margin +€540
up €540 (+3.5%), from €15,500 to €16,040
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 | €208,516 | €217,341 | +€8,825 | +4.2% |
| Fixed assets | 21/28 | €191,382 | €196,137 | +€4,755 | +2.5% |
| Tangible fixed assets | 22/27 | €191,382 | €196,137 | +€4,755 | +2.5% |
| Land and buildings | 22 | €176,166 | €176,166 | = | 0.0% |
| Plant, machinery and equipment | 23 | €15,216 | €19,971 | +€4,755 | +31.2% |
| Current assets | 29/58 | €17,135 | €21,205 | +€4,070 | +23.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €17,135 | €21,205 | +€4,070 | +23.8% |
| Total equity and liabilities | 10/49 | €208,516 | €217,341 | +€8,825 | +4.2% |
| Equity | 10/15 | €83,451 | €87,633 | +€4,182 | +5.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €21,951 | €26,133 | +€4,182 | +19.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €15,801 | €19,983 | +€4,182 | +26.5% |
| Amounts payable | 17/49 | €125,065 | €129,708 | +€4,643 | +3.7% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,050 | €48,873 | +€4,823 | +10.9% |
| Trade debts | 44 | €151 | €72 | -€78 | -52.1% |
| Suppliers | 440/4 | €151 | €72 | -€78 | -52.1% |
| Taxes, remuneration and social security | 45 | - | €1,336 | +€1,336 | |
| Taxes | 450/3 | - | €1,336 | +€1,336 | |
| Other amounts payable | 47/48 | €43,900 | €47,465 | +€3,565 | +8.1% |
| Accrued charges and deferred income | 492/3 | €6,015 | €5,835 | -€180 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €2,266 | +€566 | +33.3% |
| Other operating charges | 640/8 | €2,994 | €2,950 | -€44 | -1.5% |
| Gross operating margin | 9900 | €15,500 | €16,040 | +€540 | +3.5% |
| Operating profit (loss) | 9901 | €10,806 | €10,824 | +€18 | +0.2% |
| Financial income | 75/76B | €37 | €162 | +€125 | +338% |
| Recurring financial income | 75 | €37 | €162 | +€125 | +338% |
| Financial charges | 65/66B | €6,082 | €5,419 | -€663 | -10.9% |
| Recurring financial charges | 65 | €6,082 | €5,419 | -€663 | -10.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €4,761 | €5,567 | +€806 | +16.9% |
| Income taxes | 67/77 | - | €1,385 | +€1,385 | |
| Profit (loss) for the period | 9904 | €4,761 | €4,182 | -€579 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,761 | €4,182 | -€579 | -12.2% |
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 28 October 2026 via checked.be.