Immo Linum: 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 Linum
Largest movements
- Tangible fixed assets +€83,133
up €83,133 (+7.8%), from €1.1m to €1.2m
of which Land and buildings: +€77,665
- Cash +€32,048
up €32,048 (+781%), from €4,102 to €36,150
mainly Debts after one year (+€419,109) and Current portion of long-term debt (+€59,685)
- Receivables within one year +€18,090
new in 2025: €18,090
- Debts after one year +€419,109
up €419,109 (+57.7%), from €726,791 to €1.1m
- Other debts -€232,121
down €232,121 (-56.6%), from €410,413 to €178,292
- Trade debts -€69,087
down €69,087 (-94.3%), from €73,246 to €4,158
- Current portion of long-term debt +€59,685
new in 2025: €59,685
- Profit (loss) carried forward -€44,355
down €44,355 (-29.7%), from -€149,325 to -€193,681
- Gross operating margin +€43,273
up €43,273, from -€34,844 to €8,430
- Financial charges +€13,410
up €13,410 (+57.6%), from €23,296 to €36,705
- Depreciation +€8,074
up €8,074 (+50.8%), from €15,885 to €23,960
- Financial income +€3,640
up €3,640 (+78.8%), from €4,618 to €8,258
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 | €1,075,258 | €1,208,909 | +€133,651 | +12.4% |
| Fixed assets | 21/28 | €1,070,956 | €1,154,089 | +€83,133 | +7.8% |
| Tangible fixed assets | 22/27 | €1,070,956 | €1,154,089 | +€83,133 | +7.8% |
| Land and buildings | 22 | €1,070,956 | €1,148,622 | +€77,665 | +7.3% |
| Plant, machinery and equipment | 23 | - | €1,725 | +€1,725 | |
| Furniture and vehicles | 24 | - | €3,743 | +€3,743 | |
| Current assets | 29/58 | €4,301 | €54,820 | +€50,518 | +1,174% |
| Amounts receivable within one year | 40/41 | - | €18,090 | +€18,090 | |
| Other amounts receivable | 41 | - | €18,090 | +€18,090 | |
| Cash at bank and in hand | 54/58 | €4,102 | €36,150 | +€32,048 | +781% |
| Deferred charges and accrued income | 490/1 | €199 | €580 | +€381 | +191% |
| Total equity and liabilities | 10/49 | €1,075,258 | €1,208,909 | +€133,651 | +12.4% |
| Equity | 10/15 | -€139,325 | -€183,681 | -€44,355 | -31.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,325 | -€193,681 | -€44,355 | -29.7% |
| Amounts payable | 17/49 | €1,214,583 | €1,392,590 | +€178,007 | +14.7% |
| Amounts payable after more than one year | 17 | €726,791 | €1,145,900 | +€419,109 | +57.7% |
| Financial debts | 170/4 | €726,791 | €1,145,900 | +€419,109 | +57.7% |
| Amounts payable within one year | 42/48 | €483,913 | €242,136 | -€241,777 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | - | €59,685 | +€59,685 | |
| Trade debts | 44 | €73,246 | €4,158 | -€69,087 | -94.3% |
| Suppliers | 440/4 | €73,246 | €4,158 | -€69,087 | -94.3% |
| Advances received on contracts in progress | 46 | €254 | - | -€254 | |
| Other amounts payable | 47/48 | €410,413 | €178,292 | -€232,121 | -56.6% |
| Accrued charges and deferred income | 492/3 | €3,879 | €4,554 | +€675 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,885 | €23,960 | +€8,074 | +50.8% |
| Other operating charges | 640/8 | €149 | €378 | +€229 | +154% |
| Gross operating margin | 9900 | -€34,844 | €8,430 | +€43,273 | |
| Operating profit (loss) | 9901 | -€50,878 | -€15,908 | +€34,970 | +68.7% |
| Financial income | 75/76B | €4,618 | €8,258 | +€3,640 | +78.8% |
| Recurring financial income | 75 | €4,618 | €8,258 | +€3,640 | +78.8% |
| Financial charges | 65/66B | €23,296 | €36,705 | +€13,410 | +57.6% |
| Recurring financial charges | 65 | €23,296 | €36,705 | +€13,410 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€69,556 | -€44,355 | +€25,200 | +36.2% |
| Profit (loss) for the period | 9904 | -€69,556 | -€44,355 | +€25,200 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,556 | -€44,355 | +€25,200 | +36.2% |
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 15 October 2026 via checked.be.