Immo Hollanne: 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 Hollanne
Largest movements
- Cash -€64,864
down €64,864 (-31.6%), from €204,997 to €140,133
mainly Investment in fixed assets (net) (-€83,728) and Contributions, distributions and other (-€26,852)
- Tangible fixed assets +€56,590
up €56,590 (+40.2%), from €140,617 to €197,206
of which Other tangible fixed assets: +€70,111
- Receivables within one year +€9,616
up €9,616 (+72.6%), from €13,238 to €22,854
of which Other amounts receivable: +€5,190
- Other debts +€26,852
up €26,852 (+410%), from €6,546 to €33,398
- Reserves -€23,757
down €23,757 (-8.2%), from €289,125 to €265,368
of which Distributable reserves: -€23,757
- Depreciation +€10,991
up €10,991 (+68.1%), from €16,148 to €27,139
- Financial income -€5,119
down €5,119 (-100%), from €5,119 to €0
- Taxes -€4,467
down €4,467 (-71.1%), from €6,282 to €1,815
- Gross operating margin +€1,448
up €1,448 (+4.0%), from €36,217 to €37,665
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 | €358,916 | €360,266 | +€1,350 | +0.4% |
| Fixed assets | 21/28 | €140,617 | €197,206 | +€56,590 | +40.2% |
| Tangible fixed assets | 22/27 | €140,617 | €197,206 | +€56,590 | +40.2% |
| Land and buildings | 22 | €46,286 | €33,115 | -€13,171 | -28.5% |
| Plant, machinery and equipment | 23 | €1,050 | €700 | -€350 | -33.3% |
| Other tangible fixed assets | 26 | €93,281 | €163,391 | +€70,111 | +75.2% |
| Current assets | 29/58 | €218,299 | €163,060 | -€55,240 | -25.3% |
| Amounts receivable within one year | 40/41 | €13,238 | €22,854 | +€9,616 | +72.6% |
| Trade receivables | 40 | €6,585 | €11,011 | +€4,426 | +67.2% |
| Other amounts receivable | 41 | €6,653 | €11,844 | +€5,190 | +78.0% |
| Cash at bank and in hand | 54/58 | €204,997 | €140,133 | -€64,864 | -31.6% |
| Deferred charges and accrued income | 490/1 | €65 | €72 | +€8 | +11.8% |
| Total equity and liabilities | 10/49 | €358,916 | €360,266 | +€1,350 | +0.4% |
| Equity | 10/15 | €350,625 | €326,868 | -€23,757 | -6.8% |
| 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 | €289,125 | €265,368 | -€23,757 | -8.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €282,975 | €259,218 | -€23,757 | -8.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,292 | €33,398 | +€25,106 | +303% |
| Amounts payable within one year | 42/48 | €8,292 | €33,398 | +€25,106 | +303% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,746 | €0 | -€1,746 | -100% |
| Taxes | 450/3 | €1,746 | €0 | -€1,746 | -100% |
| Other amounts payable | 47/48 | €6,546 | €33,398 | +€26,852 | +410% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,148 | €27,139 | +€10,991 | +68.1% |
| Other operating charges | 640/8 | €5,423 | €5,592 | +€168 | +3.1% |
| Gross operating margin | 9900 | €36,217 | €37,665 | +€1,448 | +4.0% |
| Operating profit (loss) | 9901 | €14,646 | €4,935 | -€9,711 | -66.3% |
| Financial income | 75/76B | €5,119 | €0 | -€5,119 | -100% |
| Recurring financial income | 75 | €5,119 | €0 | -€5,119 | -100% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €19,741 | €4,911 | -€14,831 | -75.1% |
| Income taxes | 67/77 | €6,282 | €1,815 | -€4,467 | -71.1% |
| Profit (loss) for the period | 9904 | €13,460 | €3,096 | -€10,364 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,460 | €3,096 | -€10,364 | -77.0% |
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 24 October 2026 via checked.be.