IMMO LEYS: 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 LEYS
Largest movements
- Tangible fixed assets -€72,828
down €72,828 (-8.5%), from €858,387 to €785,559
of which Land and buildings: -€58,179
- Cash +€10,686
up €10,686 (+108.7%), from €9,828 to €20,514
mainly Depreciation (+€43,155) and Investment in fixed assets (net) (+€29,673)
- Debts after one year -€55,000
down €55,000 (-27.0%), from €203,708 to €148,708
- Gross operating margin -€225,797
down €225,797 (-83.0%), from €271,968 to €46,171
- Depreciation -€57,944
down €57,944 (-57.3%), from €101,099 to €43,155
- Financial income -€6,231
no longer reported in 2025 (was €6,231)
- Other operating charges -€2,996
down €2,996 (-25.7%), from €11,641 to €8,645
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 | €872,924 | €808,894 | -€64,030 | -7.3% |
| Fixed assets | 21/28 | €858,387 | €785,559 | -€72,828 | -8.5% |
| Tangible fixed assets | 22/27 | €858,387 | €785,559 | -€72,828 | -8.5% |
| Land and buildings | 22 | €801,302 | €743,123 | -€58,179 | -7.3% |
| Plant, machinery and equipment | 23 | €1,395 | €842 | -€553 | -39.6% |
| Furniture and vehicles | 24 | €55,690 | €41,594 | -€14,096 | -25.3% |
| Current assets | 29/58 | €14,537 | €23,335 | +€8,798 | +60.5% |
| Amounts receivable within one year | 40/41 | €2,758 | €2,821 | +€63 | +2.3% |
| Other amounts receivable | 41 | €2,758 | €2,821 | +€63 | +2.3% |
| Cash at bank and in hand | 54/58 | €9,828 | €20,514 | +€10,686 | +108.7% |
| Deferred charges and accrued income | 490/1 | €1,951 | - | -€1,951 | |
| Total equity and liabilities | 10/49 | €872,924 | €808,894 | -€64,030 | -7.3% |
| Equity | 10/15 | €598,189 | €590,430 | -€7,759 | -1.3% |
| Contributions | 10/11 | €12,505 | €12,505 | = | 0.0% |
| Revaluation surpluses | 12 | €4,225 | €10,393 | +€6,168 | +146.0% |
| Reserves | 13 | €274,097 | €268,882 | -€5,215 | -1.9% |
| Tax-exempt reserves | 132 | €203,963 | €198,748 | -€5,215 | -2.6% |
| Distributable reserves | 133 | €70,134 | €70,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | €307,362 | €298,650 | -€8,712 | -2.8% |
| Provisions and deferred taxes | 16 | €56,344 | €54,606 | -€1,738 | -3.1% |
| Deferred taxes | 168 | €56,344 | €54,606 | -€1,738 | -3.1% |
| Amounts payable | 17/49 | €218,391 | €163,858 | -€54,533 | -25.0% |
| Amounts payable after more than one year | 17 | €203,708 | €148,708 | -€55,000 | -27.0% |
| Financial debts | 170/4 | €203,708 | €148,708 | -€55,000 | -27.0% |
| Amounts payable within one year | 42/48 | €3,379 | €4,942 | +€1,563 | +46.3% |
| Trade debts | 44 | €1,067 | €740 | -€327 | -30.6% |
| Suppliers | 440/4 | €1,067 | €740 | -€327 | -30.6% |
| Taxes, remuneration and social security | 45 | €1,023 | €835 | -€188 | -18.4% |
| Taxes | 450/3 | €1,023 | €835 | -€188 | -18.4% |
| Other amounts payable | 47/48 | €1,289 | €3,367 | +€2,078 | +161.2% |
| Accrued charges and deferred income | 492/3 | €11,304 | €10,208 | -€1,096 | -9.7% |
| Non-recurring operating income | 76A | €288,192 | €25,290 | -€262,902 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,099 | €43,155 | -€57,944 | -57.3% |
| Other operating charges | 640/8 | €11,641 | €8,645 | -€2,996 | -25.7% |
| Gross operating margin | 9900 | €271,968 | €46,171 | -€225,797 | -83.0% |
| Operating profit (loss) | 9901 | €159,228 | -€5,629 | -€164,857 | |
| Financial income | 75/76B | €6,231 | - | -€6,231 | |
| Recurring financial income | 75 | €6,231 | - | -€6,231 | |
| Financial charges | 65/66B | €11,431 | €9,859 | -€1,572 | -13.8% |
| Recurring financial charges | 65 | €11,431 | €9,859 | -€1,572 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €154,028 | -€15,488 | -€169,516 | |
| Transfer from deferred taxes | 780 | €1,024 | €1,738 | +€714 | +69.7% |
| Transfer to deferred taxes | 680 | €57,368 | - | -€57,368 | |
| Income taxes | 67/77 | €175 | €177 | +€2 | +1.1% |
| Profit (loss) for the period | 9904 | €97,509 | -€13,927 | -€111,436 | |
| Transfer from tax-exempt reserves | 789 | €3,073 | €5,215 | +€2,142 | +69.7% |
| Transfer to tax-exempt reserves | 689 | €172,106 | - | -€172,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,524 | -€8,712 | +€62,812 | +87.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.