IMMO JulAGe: 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 JulAGe
Largest movements
- Tangible fixed assets +€402,013
up €402,013 (+34.9%), from €1.2m to €1.6m
of which Land and buildings: +€316,200
- Receivables within one year +€28,523
up €28,523 (+225%), from €12,688 to €41,211
of which Other amounts receivable: +€26,935
- Current investments -€25,000
down €25,000 (-33.3%), from €75,000 to €50,000
- Debts after one year +€220,125
up €220,125 (+27.2%), from €809,571 to €1.0m
- Reserves +€100,000
up €100,000 (+110%), from €91,210 to €191,210
of which Distributable reserves: +€100,000
- Profit (loss) carried forward +€60,653
up €60,653 (+31.9%), from €189,966 to €250,619
- Trade debts +€27,354
up €27,354 (+6,176%), from €443 to €27,797
- Gross operating margin +€92,747
up €92,747 (+30.7%), from €301,684 to €394,431
- Other operating charges -€43,002
down €43,002 (-87.2%), from €49,297 to €6,294
- Depreciation +€41,593
up €41,593 (+87.0%), from €47,802 to €89,395
- Taxes +€25,565
up €25,565 (+80.4%), from €31,795 to €57,360
- Financial charges +€6,768
up €6,768 (+38.7%), from €17,478 to €24,246
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 | €1,244,270 | €1,650,122 | +€405,852 | +32.6% |
| Fixed assets | 21/28 | €1,151,465 | €1,553,478 | +€402,013 | +34.9% |
| Tangible fixed assets | 22/27 | €1,151,465 | €1,553,478 | +€402,013 | +34.9% |
| Land and buildings | 22 | €521,816 | €838,016 | +€316,200 | +60.6% |
| Plant, machinery and equipment | 23 | - | €386 | +€386 | |
| Other tangible fixed assets | 26 | €629,649 | €715,076 | +€85,427 | +13.6% |
| Current assets | 29/58 | €92,805 | €96,644 | +€3,839 | +4.1% |
| Amounts receivable within one year | 40/41 | €12,688 | €41,211 | +€28,523 | +225% |
| Trade receivables | 40 | €11,982 | €13,571 | +€1,588 | +13.3% |
| Other amounts receivable | 41 | €705 | €27,640 | +€26,935 | +3,818% |
| Current investments | 50/53 | €75,000 | €50,000 | -€25,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €5,118 | €5,434 | +€316 | +6.2% |
| Total equity and liabilities | 10/49 | €1,244,270 | €1,650,122 | +€405,852 | +32.6% |
| Equity | 10/15 | €299,726 | €460,379 | +€160,653 | +53.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €91,210 | €191,210 | +€100,000 | +110% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €89,355 | €189,355 | +€100,000 | +112% |
| Profit (loss) carried forward | 14 | €189,966 | €250,619 | +€60,653 | +31.9% |
| Amounts payable | 17/49 | €944,544 | €1,189,743 | +€245,198 | +26.0% |
| Amounts payable after more than one year | 17 | €809,571 | €1,029,696 | +€220,125 | +27.2% |
| Financial debts | 170/4 | €809,571 | €1,029,696 | +€220,125 | +27.2% |
| Amounts payable within one year | 42/48 | €132,508 | €150,640 | +€18,131 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €63,517 | €64,875 | +€1,358 | +2.1% |
| Trade debts | 44 | €443 | €27,797 | +€27,354 | +6,176% |
| Suppliers | 440/4 | €443 | €27,797 | +€27,354 | +6,176% |
| Taxes, remuneration and social security | 45 | €10,582 | €9,393 | -€1,189 | -11.2% |
| Taxes | 450/3 | €5,287 | €3,992 | -€1,296 | -24.5% |
| Remuneration and social security | 454/9 | €5,294 | €5,401 | +€106 | +2.0% |
| Other amounts payable | 47/48 | €57,967 | €48,575 | -€9,391 | -16.2% |
| Accrued charges and deferred income | 492/3 | €2,465 | €9,407 | +€6,942 | +282% |
| Remuneration, social security and pensions | 62 | €50,524 | €51,253 | +€729 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,802 | €89,395 | +€41,593 | +87.0% |
| Other operating charges | 640/8 | €49,297 | €6,294 | -€43,002 | -87.2% |
| Non-recurring operating charges | 66A | €955 | - | -€955 | |
| Gross operating margin | 9900 | €301,684 | €394,431 | +€92,747 | +30.7% |
| Operating profit (loss) | 9901 | €153,106 | €247,488 | +€94,382 | +61.6% |
| Financial income | 75/76B | €5,698 | €3,770 | -€1,927 | -33.8% |
| Recurring financial income | 75 | €5,698 | €3,770 | -€1,927 | -33.8% |
| Financial charges | 65/66B | €17,478 | €24,246 | +€6,768 | +38.7% |
| Recurring financial charges | 65 | €17,478 | €24,246 | +€6,768 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €141,326 | €227,013 | +€85,687 | +60.6% |
| Income taxes | 67/77 | €31,795 | €57,360 | +€25,565 | +80.4% |
| Profit (loss) for the period | 9904 | €109,532 | €169,653 | +€60,121 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,532 | €169,653 | +€60,121 | +54.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.