IMMO - LEX: what changed
Two fiscal 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 - LEX
Largest movements
- Cash +€11,220
up €11,220 (+38.1%), from €29,436 to €40,656
mainly Net result for the year (+€10,300) and Depreciation (+€1,593)
- Tangible fixed assets -€1,593
no longer reported in 2025 (was €1,593)
- Receivables within one year +€688
new in 2025: €688
- Reserves +€10,300
up €10,300 (+52.2%), from €19,732 to €30,031
- Accrued charges and deferred income +€1,330
up €1,330 (+45.0%), from €2,955 to €4,285
- Provisions -€950
no longer reported in 2025 (was €950)
- Gross operating margin +€2,963
up €2,963 (+17.1%), from €17,288 to €20,251
- Taxes +€1,336
up €1,336 (+38.5%), from €3,471 to €4,807
- Depreciation -€1,114
down €1,114 (-41.1%), from €2,707 to €1,593
- Financial charges -€245
down €245 (-72.9%), from €336 to €91
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 | €31,674 | €41,990 | +€10,315 | +32.6% |
| Fixed assets | 21/28 | €2,238 | €645 | -€1,593 | -71.2% |
| Tangible fixed assets | 22/27 | €1,593 | - | -€1,593 | |
| Land and buildings | 22 | €1,593 | - | -€1,593 | |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €29,436 | €41,345 | +€11,909 | +40.5% |
| Amounts receivable within one year | 40/41 | - | €688 | +€688 | |
| Other amounts receivable | 41 | - | €688 | +€688 | |
| Cash at bank and in hand | 54/58 | €29,436 | €40,656 | +€11,220 | +38.1% |
| Total equity and liabilities | 10/49 | €31,674 | €41,990 | +€10,315 | +32.6% |
| Equity | 10/15 | €25,929 | €36,229 | +€10,300 | +39.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €19,732 | €30,031 | +€10,300 | +52.2% |
| Distributable reserves | 133 | €19,732 | €30,031 | +€10,300 | +52.2% |
| Provisions and deferred taxes | 16 | €950 | - | -€950 | |
| Provisions for liabilities and charges | 160/5 | €950 | - | -€950 | |
| Other liabilities and charges | 164/5 | €950 | - | -€950 | |
| Amounts payable | 17/49 | €4,795 | €5,761 | +€966 | +20.1% |
| Amounts payable within one year | 42/48 | €1,840 | €1,476 | -€364 | -19.8% |
| Taxes, remuneration and social security | 45 | €1,171 | €807 | -€364 | -31.1% |
| Taxes | 450/3 | €1,171 | €807 | -€364 | -31.1% |
| Other amounts payable | 47/48 | €669 | €669 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,955 | €4,285 | +€1,330 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,707 | €1,593 | -€1,114 | -41.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€950 | -€950 | = | 0.0% |
| Other operating charges | 640/8 | €4,318 | €4,411 | +€93 | +2.1% |
| Gross operating margin | 9900 | €17,288 | €20,251 | +€2,963 | +17.1% |
| Operating profit (loss) | 9901 | €11,213 | €15,197 | +€3,984 | +35.5% |
| Financial charges | 65/66B | €336 | €91 | -€245 | -72.9% |
| Recurring financial charges | 65 | €336 | €91 | -€245 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €10,877 | €15,106 | +€4,229 | +38.9% |
| Income taxes | 67/77 | €3,471 | €4,807 | +€1,336 | +38.5% |
| Profit (loss) for the period | 9904 | €7,406 | €10,300 | +€2,894 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,406 | €10,300 | +€2,894 | +39.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.