Immo JTML: 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 JTML
Largest movements
- Tangible fixed assets -€54,067
down €54,067 (-9.3%), from €581,086 to €527,018
- Cash +€32,315
up €32,315 (+192.7%), from €16,774 to €49,089
mainly Net result for the year (+€56,637) and Depreciation (+€54,067)
- Receivables within one year +€18,385
up €18,385 (+116.1%), from €15,838 to €34,222
of which Trade receivables: +€18,507
- Debts after one year -€18,808
down €18,808 (-5.1%), from €368,431 to €349,623
of which Financial debts: -€18,808
- Tax, wage and social debts +€18,700
up €18,700, from €0 to €18,700
- Other debts -€6,797
down €6,797 (-12.0%), from €56,797 to €50,000
- Gross operating margin +€84,191
up €84,191 (+123.3%), from €68,301 to €152,492
- Taxes +€18,700
up €18,700, from €0 to €18,700
- Other operating charges +€3,459
up €3,459 (+50.9%), from €6,794 to €10,253
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 | €613,697 | €610,329 | -€3,368 | -0.5% |
| Fixed assets | 21/28 | €581,086 | €527,018 | -€54,067 | -9.3% |
| Tangible fixed assets | 22/27 | €581,086 | €527,018 | -€54,067 | -9.3% |
| Land and buildings | 22 | €581,086 | €527,018 | -€54,067 | -9.3% |
| Current assets | 29/58 | €32,612 | €83,311 | +€50,700 | +155.5% |
| Amounts receivable within one year | 40/41 | €15,838 | €34,222 | +€18,385 | +116.1% |
| Trade receivables | 40 | €14,947 | €33,455 | +€18,507 | +123.8% |
| Other amounts receivable | 41 | €890 | €768 | -€123 | -13.8% |
| Cash at bank and in hand | 54/58 | €16,774 | €49,089 | +€32,315 | +192.7% |
| Total equity and liabilities | 10/49 | €613,697 | €610,329 | -€3,368 | -0.5% |
| Equity | 10/15 | €159,753 | €166,390 | +€6,637 | +4.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €16,390 | +€1,390 | +9.3% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €0 | €1,390 | +€1,390 | |
| Profit (loss) carried forward | 14 | -€5,247 | €0 | +€5,247 | |
| Amounts payable | 17/49 | €453,944 | €443,939 | -€10,005 | -2.2% |
| Amounts payable after more than one year | 17 | €368,431 | €349,623 | -€18,808 | -5.1% |
| Financial debts | 170/4 | €368,431 | €349,623 | -€18,808 | -5.1% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €82,418 | €94,317 | +€11,899 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €21,363 | €20,484 | -€879 | -4.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,257 | €5,132 | +€875 | +20.6% |
| Suppliers | 440/4 | €4,257 | €5,132 | +€875 | +20.6% |
| Taxes, remuneration and social security | 45 | €0 | €18,700 | +€18,700 | |
| Taxes | 450/3 | €0 | €18,700 | +€18,700 | |
| Other amounts payable | 47/48 | €56,797 | €50,000 | -€6,797 | -12.0% |
| Accrued charges and deferred income | 492/3 | €3,096 | €0 | -€3,096 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,529 | €54,067 | +€538 | +1.0% |
| Other operating charges | 640/8 | €6,794 | €10,253 | +€3,459 | +50.9% |
| Gross operating margin | 9900 | €68,301 | €152,492 | +€84,191 | +123.3% |
| Operating profit (loss) | 9901 | €7,978 | €88,172 | +€80,194 | +1005.2% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €13,245 | €12,834 | -€411 | -3.1% |
| Recurring financial charges | 65 | €13,245 | €12,834 | -€411 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,247 | €75,337 | +€80,585 | |
| Income taxes | 67/77 | €0 | €18,700 | +€18,700 | |
| Profit (loss) for the period | 9904 | -€5,247 | €56,637 | +€61,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,247 | €56,637 | +€61,885 |
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 11 October 2026 via checked.be.