IMMO HILMAR: 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 HILMAR
Largest movements
- Cash -€57,240
down €57,240 (-22.2%), from €257,796 to €200,556
mainly Other debts (-€50,000) and Net result for the year (-€10,681)
- Tangible fixed assets -€4,424
down €4,424 (-14.9%), from €29,770 to €25,346
of which Land and buildings: -€2,939
- Other debts -€50,000
down €50,000 (-22.2%), from €225,036 to €175,036
- Profit (loss) carried forward -€10,681
down €10,681 (-27.3%), from -€39,119 to -€49,800
- Gross operating margin -€1,281
down €1,281 (-29.8%), from -€4,291 to -€5,572
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 | €287,566 | €226,618 | -€60,948 | -21.2% |
| Fixed assets | 21/28 | €29,770 | €25,346 | -€4,424 | -14.9% |
| Tangible fixed assets | 22/27 | €29,770 | €25,346 | -€4,424 | -14.9% |
| Land and buildings | 22 | €17,637 | €14,697 | -€2,939 | -16.7% |
| Plant, machinery and equipment | 23 | €12,038 | €10,649 | -€1,389 | -11.5% |
| Other tangible fixed assets | 26 | €96 | - | -€96 | |
| Current assets | 29/58 | €257,796 | €201,272 | -€56,524 | -21.9% |
| Cash at bank and in hand | 54/58 | €257,796 | €200,556 | -€57,240 | -22.2% |
| Deferred charges and accrued income | 490/1 | - | €716 | +€716 | |
| Total equity and liabilities | 10/49 | €287,566 | €226,618 | -€60,948 | -21.2% |
| Equity | 10/15 | €62,132 | €51,451 | -€10,681 | -17.2% |
| 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 | €39,751 | €39,751 | = | 0.0% |
| Distributable reserves | 133 | €39,751 | €39,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,119 | -€49,800 | -€10,681 | -27.3% |
| Amounts payable | 17/49 | €225,434 | €175,167 | -€50,267 | -22.3% |
| Amounts payable within one year | 42/48 | €225,434 | €175,167 | -€50,267 | -22.3% |
| Trade debts | 44 | €397 | €131 | -€267 | -67.1% |
| Suppliers | 440/4 | €397 | €131 | -€267 | -67.1% |
| Other amounts payable | 47/48 | €225,036 | €175,036 | -€50,000 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,424 | €4,424 | +€0 | 0.0% |
| Other operating charges | 640/8 | €525 | €531 | +€7 | +1.2% |
| Gross operating margin | 9900 | -€4,291 | -€5,572 | -€1,281 | -29.8% |
| Operating profit (loss) | 9901 | -€9,240 | -€10,527 | -€1,287 | -13.9% |
| Financial charges | 65/66B | €154 | €153 | -€0 | -0.1% |
| Recurring financial charges | 65 | €154 | €153 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,394 | -€10,681 | -€1,287 | -13.7% |
| Profit (loss) for the period | 9904 | -€9,394 | -€10,681 | -€1,287 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,394 | -€10,681 | -€1,287 | -13.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.