IMMO LATO: 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 LATO
Largest movements
- Cash +€36,749
up €36,749 (+236%), from €15,540 to €52,288
mainly Depreciation (+€32,426) and Net result for the year (+€7,468)
- Tangible fixed assets -€32,426
down €32,426 (-13.0%), from €248,650 to €216,224
- Receivables within one year -€4,736
no longer reported in 2025 (was €4,736)
- Debts after one year -€11,540
down €11,540 (-11.4%), from €101,647 to €90,107
- Profit (loss) carried forward +€7,468
up €7,468 (+10.8%), from -€69,156 to -€61,689
- Other debts +€3,264
new in 2025: €3,264
- Gross operating margin +€6,331
up €6,331 (+15.5%), from €40,962 to €47,293
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 | €270,200 | €269,852 | -€348 | -0.1% |
| Fixed assets | 21/28 | €248,650 | €216,224 | -€32,426 | -13.0% |
| Tangible fixed assets | 22/27 | €248,650 | €216,224 | -€32,426 | -13.0% |
| Land and buildings | 22 | €248,650 | €216,224 | -€32,426 | -13.0% |
| Current assets | 29/58 | €21,550 | €53,628 | +€32,078 | +149% |
| Amounts receivable within one year | 40/41 | €4,736 | - | -€4,736 | |
| Other amounts receivable | 41 | €4,736 | - | -€4,736 | |
| Cash at bank and in hand | 54/58 | €15,540 | €52,288 | +€36,749 | +236% |
| Deferred charges and accrued income | 490/1 | €1,274 | €1,340 | +€65 | +5.1% |
| Total equity and liabilities | 10/49 | €270,200 | €269,852 | -€348 | -0.1% |
| Equity | 10/15 | €152,844 | €160,311 | +€7,468 | +4.9% |
| Contributions | 10/11 | €222,000 | €222,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,156 | -€61,689 | +€7,468 | +10.8% |
| Amounts payable | 17/49 | €117,357 | €109,541 | -€7,816 | -6.7% |
| Amounts payable after more than one year | 17 | €101,647 | €90,107 | -€11,540 | -11.4% |
| Financial debts | 170/4 | €101,647 | €90,107 | -€11,540 | -11.4% |
| Amounts payable within one year | 42/48 | €12,334 | €15,958 | +€3,624 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €11,303 | €11,540 | +€237 | +2.1% |
| Trade debts | 44 | €1,032 | €1,155 | +€123 | +11.9% |
| Suppliers | 440/4 | €1,032 | €1,155 | +€123 | +11.9% |
| Other amounts payable | 47/48 | - | €3,264 | +€3,264 | |
| Accrued charges and deferred income | 492/3 | €3,375 | €3,475 | +€100 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,426 | €32,426 | = | 0.0% |
| Other operating charges | 640/8 | €4,711 | €4,857 | +€146 | +3.1% |
| Gross operating margin | 9900 | €40,962 | €47,293 | +€6,331 | +15.5% |
| Operating profit (loss) | 9901 | €3,825 | €10,009 | +€6,184 | +162% |
| Financial income | 75/76B | €112 | - | -€112 | |
| Recurring financial income | 75 | €112 | - | -€112 | |
| Financial charges | 65/66B | €2,775 | €2,542 | -€233 | -8.4% |
| Recurring financial charges | 65 | €2,775 | €2,542 | -€233 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €1,163 | €7,468 | +€6,305 | +542% |
| Profit (loss) for the period | 9904 | €1,163 | €7,468 | +€6,305 | +542% |
| Profit (loss) for the period to be appropriated | 9905 | €1,163 | €7,468 | +€6,305 | +542% |
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 13 October 2026 via checked.be.