IMMO IXELLES 60: what changed
What changed
IMMO IXELLES 60
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€225,336
2024 · -€836,100+€610,764
Equity
€1.2m
2024 · €1.4m-€225,336
Cash
€492,702
2024 · €165,326+€327,376
Balance sheet total
€19.9m
2024 · €20.1m-€205,509
Largest movements
Assets
- Tangible fixed assets -€529,577
down €529,577 (-2.7%), from €19.9m to €19.4m
- Cash +€327,376
up €327,376 (+198%), from €165,326 to €492,702
mainly Current portion of long-term debt (+€6.9m) and Depreciation (+€529,577)
Equity and liabilities
- Current portion of long-term debt +€6.9m
up €6.9m (+72.6%), from €9.5m to €16.4m
- Debts after one year -€6.9m
down €6.9m (-75.8%), from €9.1m to €2.2m
of which Financial debts: -€6.9m
- Profit (loss) carried forward -€225,336
down €225,336 (-7.1%), from -€3.2m to -€3.4m
Income statement
- Financial charges -€688,907
down €688,907 (-62.4%), from €1.1m to €414,671
- Services and other goods +€112,686
up €112,686 (+84.9%), from €132,690 to €245,376
- Turnover +€27,750
up €27,750 (+2.9%), from €963,162 to €990,913
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€836,100
Turnover
+€27,750
Other operating income
+€1,290
Services and other goods
-€112,686
Write-downs
+€5,413
Other operating charges
+€91
Financial income
+€0
Financial charges
+€688,907
Result 2025
-€225,336
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€324,976
Investment
€0
Financing
+€2,400
Cash 2024
€165,326
From operations (derived)
+€324,976
Net result for the year
-€225,336
Depreciation
+€529,577
Smaller working-capital items
+€20,735
Financing
+€2,400
Debts after one year
-€6.9m
Current portion of long-term debt
+€6.9m
Cash 2025
€492,702
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,112,001 | €19,906,492 | -€205,509 | -1.0% |
| Fixed assets | 21/28 | €19,916,784 | €19,387,207 | -€529,577 | -2.7% |
| Tangible fixed assets | 22/27 | €19,916,784 | €19,387,207 | -€529,577 | -2.7% |
| Land and buildings | 22 | €19,916,784 | €19,387,207 | -€529,577 | -2.7% |
| Current assets | 29/58 | €195,216 | €519,284 | +€324,068 | +166% |
| Amounts receivable within one year | 40/41 | €29,891 | €26,583 | -€3,308 | -11.1% |
| Trade receivables | 40 | €11,791 | €8,483 | -€3,308 | -28.1% |
| Other amounts receivable | 41 | €18,100 | €18,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €165,326 | €492,702 | +€327,376 | +198% |
| Total equity and liabilities | 10/49 | €20,112,001 | €19,906,492 | -€205,509 | -1.0% |
| Equity | 10/15 | €1,417,116 | €1,191,780 | -€225,336 | -15.9% |
| Contributions | 10/11 | €4,609,320 | €4,609,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,192,204 | -€3,417,540 | -€225,336 | -7.1% |
| Amounts payable | 17/49 | €18,694,885 | €18,714,711 | +€19,827 | +0.1% |
| Amounts payable after more than one year | 17 | €9,103,300 | €2,205,700 | -€6.9m | -75.8% |
| Financial debts | 170/4 | €9,100,000 | €2,200,000 | -€6.9m | -75.8% |
| Other loans | 174 | €9,100,000 | €2,200,000 | -€6.9m | -75.8% |
| Other amounts payable | 178/9 | €3,300 | €5,700 | +€2,400 | +72.7% |
| Amounts payable within one year | 42/48 | €9,505,771 | €16,421,125 | +€6.9m | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €9,500,000 | €16,400,000 | +€6.9m | +72.6% |
| Trade debts | 44 | €4,517 | €20,054 | +€15,537 | +344% |
| Suppliers | 440/4 | €4,517 | €20,054 | +€15,537 | +344% |
| Taxes, remuneration and social security | 45 | €1,254 | €1,071 | -€183 | -14.6% |
| Taxes | 450/3 | €1,254 | €1,071 | -€183 | -14.6% |
| Accrued charges and deferred income | 492/3 | €85,813 | €87,886 | +€2,073 | +2.4% |
| Operating income | 70/76A | €1,027,368 | €1,056,409 | +€29,041 | +2.8% |
| Turnover | 70 | €963,162 | €990,913 | +€27,750 | +2.9% |
| Other operating income | 74 | €64,206 | €65,496 | +€1,290 | +2.0% |
| Operating charges | 60/66A | €759,890 | €867,074 | +€107,183 | +14.1% |
| Services and other goods | 61 | €132,690 | €245,376 | +€112,686 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529,577 | €529,577 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,413 | - | -€5,413 | |
| Other operating charges | 640/8 | €92,211 | €92,120 | -€91 | -0.1% |
| Operating profit (loss) | 9901 | €267,478 | €189,335 | -€78,142 | -29.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +150% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +150% |
| Other financial income | 752/9 | €0 | €0 | +€0 | +150% |
| Financial charges | 65/66B | €1,103,577 | €414,671 | -€688,907 | -62.4% |
| Recurring financial charges | 65 | €1,103,577 | €414,671 | -€688,907 | -62.4% |
| Debt charges | 650 | €1,097,602 | €414,671 | -€682,931 | -62.2% |
| Other financial charges | 652/9 | €5,976 | - | -€5,976 | |
| Profit (loss) for the period before taxes | 9903 | -€836,100 | -€225,336 | +€610,764 | +73.0% |
| Profit (loss) for the period | 9904 | -€836,100 | -€225,336 | +€610,764 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€836,100 | -€225,336 | +€610,764 | +73.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.