IMMO JLL: 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 JLL
Largest movements
- Receivables within one year +€17,462
up €17,462 (+164.2%), from €10,634 to €28,096
of which Trade receivables: +€16,116
- Tangible fixed assets -€6,267
down €6,267 (-3.6%), from €172,543 to €166,276
of which Land and buildings: -€5,304
- Cash -€5,613
down €5,613 (-71.7%), from €7,831 to €2,218
mainly Receivables within one year (-€17,462) and Debts after one year (-€9,862)
- Debts after one year -€9,862
down €9,862 (-6.5%), from €150,929 to €141,067
- Reserves +€9,730
up €9,730 (+475.8%), from €2,045 to €11,775
- Accrued charges and deferred income +€3,859
up €3,859 (+41.5%), from €9,300 to €13,159
- Gross operating margin +€13,745
up €13,745 (+90.8%), from €15,141 to €28,886
- Taxes +€2,681
up €2,681 (+430.3%), from €623 to €3,304
- Financial charges +€2,237
up €2,237 (+35.4%), from €6,312 to €8,549
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 | €191,457 | €196,590 | +€5,133 | +2.7% |
| Formation expenses | 20 | €449 | - | -€449 | |
| Fixed assets | 21/28 | €172,543 | €166,276 | -€6,267 | -3.6% |
| Tangible fixed assets | 22/27 | €172,543 | €166,276 | -€6,267 | -3.6% |
| Land and buildings | 22 | €168,824 | €163,520 | -€5,304 | -3.1% |
| Plant, machinery and equipment | 23 | €3,719 | €2,756 | -€963 | -25.9% |
| Current assets | 29/58 | €18,465 | €30,314 | +€11,849 | +64.2% |
| Amounts receivable within one year | 40/41 | €10,634 | €28,096 | +€17,462 | +164.2% |
| Trade receivables | 40 | €10,634 | €26,750 | +€16,116 | +151.6% |
| Other amounts receivable | 41 | - | €1,346 | +€1,346 | |
| Cash at bank and in hand | 54/58 | €7,831 | €2,218 | -€5,613 | -71.7% |
| Total equity and liabilities | 10/49 | €191,457 | €196,590 | +€5,133 | +2.7% |
| Equity | 10/15 | €3,045 | €12,775 | +€9,730 | +319.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €2,045 | €11,775 | +€9,730 | +475.8% |
| Distributable reserves | 133 | €2,045 | €11,775 | +€9,730 | +475.8% |
| Amounts payable | 17/49 | €188,412 | €183,815 | -€4,597 | -2.4% |
| Amounts payable after more than one year | 17 | €150,929 | €141,067 | -€9,862 | -6.5% |
| Financial debts | 170/4 | €150,929 | €141,067 | -€9,862 | -6.5% |
| Amounts payable within one year | 42/48 | €28,183 | €29,589 | +€1,406 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €19,053 | €20,706 | +€1,653 | +8.7% |
| Trade debts | 44 | €6,452 | €5,227 | -€1,225 | -19.0% |
| Suppliers | 440/4 | €6,452 | €5,227 | -€1,225 | -19.0% |
| Taxes, remuneration and social security | 45 | €2,457 | €3,435 | +€978 | +39.8% |
| Taxes | 450/3 | €2,457 | €3,435 | +€978 | +39.8% |
| Other amounts payable | 47/48 | €221 | €221 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,300 | €13,159 | +€3,859 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,607 | €6,716 | +€109 | +1.6% |
| Other operating charges | 640/8 | €509 | €587 | +€78 | +15.3% |
| Gross operating margin | 9900 | €15,141 | €28,886 | +€13,745 | +90.8% |
| Operating profit (loss) | 9901 | €8,025 | €21,583 | +€13,558 | +168.9% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €6,312 | €8,549 | +€2,237 | +35.4% |
| Recurring financial charges | 65 | €6,312 | €8,549 | +€2,237 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €1,743 | €13,034 | +€11,291 | +647.8% |
| Income taxes | 67/77 | €623 | €3,304 | +€2,681 | +430.3% |
| Profit (loss) for the period | 9904 | €1,120 | €9,730 | +€8,610 | +768.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,120 | €9,730 | +€8,610 | +768.8% |
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.