IMMO LIFE: 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 LIFE
Largest movements
- Receivables within one year +€42,868
up €42,868 (+1,273%), from €3,368 to €46,236
of which Trade receivables: +€36,795
- Tangible fixed assets -€40,370
down €40,370 (-2.1%), from €1.9m to €1.9m
- Cash -€24,490
down €24,490 (-21.4%), from €114,482 to €89,992
mainly Debts after one year (-€160,224) and Receivables within one year (-€42,868)
- Debts after one year -€160,224
down €160,224 (-14.2%), from €1.1m to €971,960
- Reserves +€135,000
up €135,000 (+29.0%), from €465,000 to €600,000
- Other debts -€35,311
down €35,311 (-17.7%), from €199,843 to €164,532
- Trade debts +€27,308
up €27,308 (+131%), from €20,850 to €48,158
- Staff costs -€72,897
no longer reported in 2025 (was €72,897)
- Gross operating margin -€45,275
down €45,275 (-13.2%), from €343,650 to €298,374
- Taxes +€5,927
up €5,927 (+15.0%), from €39,632 to €45,559
- Other operating charges +€4,773
up €4,773 (+441%), from €1,081 to €5,854
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 | €2,017,593 | €1,993,790 | -€23,804 | -1.2% |
| Fixed assets | 21/28 | €1,897,923 | €1,857,554 | -€40,370 | -2.1% |
| Tangible fixed assets | 22/27 | €1,897,861 | €1,857,491 | -€40,370 | -2.1% |
| Land and buildings | 22 | €1,897,861 | €1,857,491 | -€40,370 | -2.1% |
| Financial fixed assets | 28 | €63 | €63 | = | 0.0% |
| Current assets | 29/58 | €119,670 | €136,236 | +€16,566 | +13.8% |
| Amounts receivable within one year | 40/41 | €3,368 | €46,236 | +€42,868 | +1,273% |
| Trade receivables | 40 | - | €36,795 | +€36,795 | |
| Other amounts receivable | 41 | €3,368 | €9,441 | +€6,073 | +180% |
| Cash at bank and in hand | 54/58 | €114,482 | €89,992 | -€24,490 | -21.4% |
| Deferred charges and accrued income | 490/1 | €1,820 | €9 | -€1,812 | -99.5% |
| Total equity and liabilities | 10/49 | €2,017,593 | €1,993,790 | -€23,804 | -1.2% |
| Equity | 10/15 | €479,202 | €614,355 | +€135,153 | +28.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €465,000 | €600,000 | +€135,000 | +29.0% |
| Distributable reserves | 133 | €465,000 | €600,000 | +€135,000 | +29.0% |
| Profit (loss) carried forward | 14 | €1,802 | €1,955 | +€153 | +8.5% |
| Amounts payable | 17/49 | €1,538,391 | €1,379,435 | -€158,956 | -10.3% |
| Amounts payable after more than one year | 17 | €1,132,185 | €971,960 | -€160,224 | -14.2% |
| Financial debts | 170/4 | €1,132,185 | €971,960 | -€160,224 | -14.2% |
| Amounts payable within one year | 42/48 | €405,104 | €407,347 | +€2,244 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €182,569 | €193,107 | +€10,538 | +5.8% |
| Trade debts | 44 | €20,850 | €48,158 | +€27,308 | +131% |
| Suppliers | 440/4 | €20,850 | €48,158 | +€27,308 | +131% |
| Taxes, remuneration and social security | 45 | €1,842 | €1,550 | -€292 | -15.8% |
| Taxes | 450/3 | €1,279 | €668 | -€611 | -47.8% |
| Remuneration and social security | 454/9 | €563 | €882 | +€319 | +56.6% |
| Other amounts payable | 47/48 | €199,843 | €164,532 | -€35,311 | -17.7% |
| Accrued charges and deferred income | 492/3 | €1,103 | €127 | -€976 | -88.5% |
| Remuneration, social security and pensions | 62 | €72,897 | - | -€72,897 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,053 | €77,017 | +€964 | +1.3% |
| Other operating charges | 640/8 | €1,081 | €5,854 | +€4,773 | +441% |
| Gross operating margin | 9900 | €343,650 | €298,374 | -€45,275 | -13.2% |
| Operating profit (loss) | 9901 | €193,618 | €215,504 | +€21,886 | +11.3% |
| Financial income | 75/76B | €0 | €21 | +€21 | +68,600% |
| Recurring financial income | 75 | €0 | €21 | +€21 | +68,600% |
| Financial charges | 65/66B | €37,053 | €34,813 | -€2,240 | -6.0% |
| Recurring financial charges | 65 | €37,053 | €34,813 | -€2,240 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €156,565 | €180,712 | +€24,146 | +15.4% |
| Income taxes | 67/77 | €39,632 | €45,559 | +€5,927 | +15.0% |
| Profit (loss) for the period | 9904 | €116,933 | €135,153 | +€18,219 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,933 | €135,153 | +€18,219 | +15.6% |
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.