IMMO LENS: 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 LENS
Largest movements
- Tangible fixed assets -€362,046
no longer reported in 2025 (was €362,046)
of which Land and buildings: -€360,356
- Cash +€19,603
up €19,603 (+3,137%), from €625 to €20,228
mainly Investment in fixed assets (net) (+€362,046) and Smaller working-capital items (+€465)
- Debts after one year -€213,116
no longer reported in 2025 (was €213,116)
- Profit (loss) carried forward -€117,062
down €117,062 (-718%), from -€16,297 to -€133,360
- Current portion of long-term debt -€11,729
no longer reported in 2025 (was €11,729)
- Other operating charges +€120,046
new in 2025: €120,046
- Gross operating margin -€9,317
down €9,317 (-64.1%), from €14,536 to €5,218
- Depreciation -€8,314
no longer reported in 2025 (was €8,314)
- Financial charges -€4,006
down €4,006 (-64.2%), from €6,241 to €2,235
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 | €362,671 | €20,228 | -€342,443 | -94.4% |
| Fixed assets | 21/28 | €362,046 | - | -€362,046 | |
| Tangible fixed assets | 22/27 | €362,046 | - | -€362,046 | |
| Land and buildings | 22 | €360,356 | - | -€360,356 | |
| Plant, machinery and equipment | 23 | €1,690 | - | -€1,690 | |
| Current assets | 29/58 | €625 | €20,228 | +€19,603 | +3,137% |
| Cash at bank and in hand | 54/58 | €625 | €20,228 | +€19,603 | +3,137% |
| Total equity and liabilities | 10/49 | €362,671 | €20,228 | -€342,443 | -94.4% |
| Equity | 10/15 | €110,703 | -€6,360 | -€117,062 | |
| Contributions | 10/11 | €127,000 | €127,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,297 | -€133,360 | -€117,062 | -718% |
| Amounts payable | 17/49 | €251,968 | €26,588 | -€225,380 | -89.4% |
| Amounts payable after more than one year | 17 | €213,116 | - | -€213,116 | |
| Financial debts | 170/4 | €213,116 | - | -€213,116 | |
| Amounts payable within one year | 42/48 | €38,852 | €26,588 | -€12,264 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €11,729 | - | -€11,729 | |
| Trade debts | 44 | €47 | €26 | -€21 | -45.4% |
| Suppliers | 440/4 | €47 | €26 | -€21 | -45.4% |
| Taxes, remuneration and social security | 45 | €1,000 | - | -€1,000 | |
| Taxes | 450/3 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €26,075 | €26,562 | +€487 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,314 | - | -€8,314 | |
| Other operating charges | 640/8 | - | €120,046 | +€120,046 | |
| Gross operating margin | 9900 | €14,536 | €5,218 | -€9,317 | -64.1% |
| Operating profit (loss) | 9901 | €6,222 | -€114,827 | -€121,049 | |
| Financial charges | 65/66B | €6,241 | €2,235 | -€4,006 | -64.2% |
| Recurring financial charges | 65 | €6,241 | €2,235 | -€4,006 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | -€20 | -€117,062 | -€117,043 | -593,824% |
| Profit (loss) for the period | 9904 | -€20 | -€117,062 | -€117,043 | -593,824% |
| Profit (loss) for the period to be appropriated | 9905 | -€20 | -€117,062 | -€117,043 | -593,824% |
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 16 October 2026 via checked.be.