IMMO L.C.: 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 L.C.
Largest movements
- Receivables after one year -€221,994
down €221,994 (-100%), from €221,994 to €0
- Tangible fixed assets -€12,595
down €12,595 (-3.9%), from €324,655 to €312,059
of which Land and buildings: -€10,407
- Deferred charges and accrued income -€8,654
down €8,654 (-92.3%), from €9,374 to €720
- Debts after one year -€205,824
down €205,824 (-28.7%), from €717,920 to €512,096
of which Other amounts payable: -€180,904
- Profit (loss) carried forward -€45,743
down €45,743 (-21.1%), from -€216,299 to -€262,042
- Current portion of long-term debt +€13,110
up €13,110 (+111%), from €11,810 to €24,920
- Contributions -€5,800
down €5,800 (-31.9%), from €18,200 to €12,400
- Reserves +€5,800
up €5,800 (+232%), from €2,500 to €8,300
- Financial income -€8,662
down €8,662 (-100%), from €8,662 to €0
- Gross operating margin -€5,891
down €5,891 (-79.7%), from -€7,394 to -€13,285
- Financial charges -€3,936
down €3,936 (-18.5%), from €21,286 to €17,349
- Depreciation -€615
down €615 (-4.7%), from €13,210 to €12,595
- Other operating charges -€179
down €179 (-6.7%), from €2,693 to €2,514
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 | €564,481 | €317,233 | -€247,248 | -43.8% |
| Fixed assets | 21/28 | €324,655 | €312,059 | -€12,595 | -3.9% |
| Tangible fixed assets | 22/27 | €324,655 | €312,059 | -€12,595 | -3.9% |
| Land and buildings | 22 | €317,963 | €307,556 | -€10,407 | -3.3% |
| Furniture and vehicles | 24 | €6,691 | €4,503 | -€2,188 | -32.7% |
| Current assets | 29/58 | €239,827 | €5,174 | -€234,653 | -97.8% |
| Amounts receivable after more than one year | 29 | €221,994 | €0 | -€221,994 | -100% |
| Other amounts receivable | 291 | €221,994 | €0 | -€221,994 | -100% |
| Amounts receivable within one year | 40/41 | €1,635 | €1,584 | -€51 | -3.1% |
| Trade receivables | 40 | €1,584 | €1,584 | = | 0.0% |
| Other amounts receivable | 41 | €51 | €0 | -€51 | -100% |
| Cash at bank and in hand | 54/58 | €6,824 | €2,870 | -€3,953 | -57.9% |
| Deferred charges and accrued income | 490/1 | €9,374 | €720 | -€8,654 | -92.3% |
| Total equity and liabilities | 10/49 | €564,481 | €317,233 | -€247,248 | -43.8% |
| Equity | 10/15 | -€195,599 | -€241,342 | -€45,743 | -23.4% |
| Contributions | 10/11 | €18,200 | €12,400 | -€5,800 | -31.9% |
| Reserves | 13 | €2,500 | €8,300 | +€5,800 | +232% |
| Distributable reserves | 133 | €2,500 | €8,300 | +€5,800 | +232% |
| Profit (loss) carried forward | 14 | -€216,299 | -€262,042 | -€45,743 | -21.1% |
| Amounts payable | 17/49 | €760,080 | €558,575 | -€201,505 | -26.5% |
| Amounts payable after more than one year | 17 | €717,920 | €512,096 | -€205,824 | -28.7% |
| Financial debts | 170/4 | €24,920 | €0 | -€24,920 | -100% |
| Other amounts payable | 178/9 | €693,000 | €512,096 | -€180,904 | -26.1% |
| Amounts payable within one year | 42/48 | €22,407 | €30,279 | +€7,872 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €11,810 | €24,920 | +€13,110 | +111% |
| Trade debts | 44 | €496 | €973 | +€477 | +96.2% |
| Suppliers | 440/4 | €496 | €973 | +€477 | +96.2% |
| Other amounts payable | 47/48 | €10,101 | €4,385 | -€5,716 | -56.6% |
| Accrued charges and deferred income | 492/3 | €19,753 | €16,200 | -€3,553 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,210 | €12,595 | -€615 | -4.7% |
| Other operating charges | 640/8 | €2,693 | €2,514 | -€179 | -6.7% |
| Gross operating margin | 9900 | -€7,394 | -€13,285 | -€5,891 | -79.7% |
| Operating profit (loss) | 9901 | -€23,298 | -€28,394 | -€5,096 | -21.9% |
| Financial income | 75/76B | €8,662 | €0 | -€8,662 | -100% |
| Recurring financial income | 75 | €8,662 | €0 | -€8,662 | -100% |
| Financial charges | 65/66B | €21,286 | €17,349 | -€3,936 | -18.5% |
| Recurring financial charges | 65 | €21,286 | €17,349 | -€3,936 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,921 | -€45,743 | -€9,823 | -27.3% |
| Income taxes | 67/77 | -€0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€35,920 | -€45,743 | -€9,823 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,920 | -€45,743 | -€9,823 | -27.3% |
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 17 October 2026 via checked.be.