Immo Log: 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.
What changed
Immo Log
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€216,631
2024 · €172,656+€43,975
Equity
€5.8m
2024 · €5.6m+€162,938
Cash
€92,416
2024 · €142,779-€50,363
Balance sheet total
€22.4m
2024 · €23.6m-€1.2m
Largest movements
Assets
- Tangible fixed assets -€1.1m
down €1.1m (-4.7%), from €23.2m to €22.1m
Equity and liabilities
- Debts after one year -€1.3m
down €1.3m (-7.7%), from €16.6m to €15.3m
Income statement
- Turnover +€45,092
up €45,092 (+2.8%), from €1.6m to €1.7m
- Financial charges -€26,296
down €26,296 (-7.3%), from €362,446 to €336,151
- Services and other goods +€20,503
up €20,503 (+62.4%), from €32,877 to €53,380
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.
Result 2024
€172,656
Turnover
+€45,092
Services and other goods
-€20,503
Depreciation
-€6,865
Other operating charges
+€626
Financial income
-€671
Financial charges
+€26,296
Result 2025
€216,631
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.
From operations
+€1.3m
Investment
-€21,097
Financing
-€1.3m
Cash 2024
€142,779
From operations (derived)
+€1.3m
Net result for the year
+€216,631
Depreciation
+€1.1m
Receivables within one year
+€60,048
Trade debts
+€5,356
Other debts
-€115,000
Investment (derived)
-€21,097
Investment in fixed assets (net)
-€21,097
Financing
-€1.3m
Debts after one year
-€1.3m
Current portion of long-term debt
+€15,247
Contributions, distributions and other
-€53,693
Cash 2025
€92,416
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,649,826 | €22,432,023 | -€1.2m | -5.1% |
| Fixed assets | 21/28 | €23,236,941 | €22,129,549 | -€1.1m | -4.8% |
| Tangible fixed assets | 22/27 | €23,208,019 | €22,122,319 | -€1.1m | -4.7% |
| Land and buildings | 22 | €23,208,019 | €22,122,319 | -€1.1m | -4.7% |
| Financial fixed assets | 28 | €28,923 | €7,231 | -€21,692 | -75.0% |
| Other financial fixed assets | 284/8 | €28,923 | €7,231 | -€21,692 | -75.0% |
| Amounts receivable and cash guarantees | 285/8 | €28,923 | €7,231 | -€21,692 | -75.0% |
| Current assets | 29/58 | €412,884 | €302,473 | -€110,411 | -26.7% |
| Amounts receivable within one year | 40/41 | €270,105 | €210,057 | -€60,048 | -22.2% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €270,105 | €210,057 | -€60,048 | -22.2% |
| Cash at bank and in hand | 54/58 | €142,779 | €92,416 | -€50,363 | -35.3% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €23,649,826 | €22,432,023 | -€1.2m | -5.1% |
| Equity | 10/15 | €5,630,295 | €5,793,233 | +€162,938 | +2.9% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Capital | 10 | €5,000,000 | €5,000,000 | = | 0.0% |
| Issued capital | 100 | €5,000,000 | €5,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€318,413 | -€101,783 | +€216,631 | +68.0% |
| Investment grants | 15 | €948,709 | €895,016 | -€53,693 | -5.7% |
| Amounts payable | 17/49 | €18,019,530 | €16,638,790 | -€1.4m | -7.7% |
| Amounts payable after more than one year | 17 | €16,632,350 | €15,346,006 | -€1.3m | -7.7% |
| Financial debts | 170/4 | €16,632,350 | €15,346,006 | -€1.3m | -7.7% |
| Credit institutions | 173 | €16,632,350 | €15,346,006 | -€1.3m | -7.7% |
| Amounts payable within one year | 42/48 | €1,387,180 | €1,292,783 | -€94,397 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €1,271,096 | €1,286,344 | +€15,247 | +1.2% |
| Trade debts | 44 | €1,084 | €6,440 | +€5,356 | +494.2% |
| Suppliers | 440/4 | €1,084 | €6,440 | +€5,356 | +494.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €115,000 | €0 | -€115,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Operating income | 70/76A | €1,636,504 | €1,681,596 | +€45,092 | +2.8% |
| Turnover | 70 | €1,636,504 | €1,681,596 | +€45,092 | +2.8% |
| Operating charges | 60/66A | €1,155,765 | €1,182,508 | +€26,743 | +2.3% |
| Services and other goods | 61 | €32,877 | €53,380 | +€20,503 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,121,623 | €1,128,489 | +€6,865 | +0.6% |
| Other operating charges | 640/8 | €1,265 | €639 | -€626 | -49.5% |
| Operating profit (loss) | 9901 | €480,739 | €499,088 | +€18,349 | +3.8% |
| Financial income | 75/76B | €54,364 | €53,693 | -€671 | -1.2% |
| Recurring financial income | 75 | €54,364 | €53,693 | -€671 | -1.2% |
| Other financial income | 752/9 | €54,364 | €53,693 | -€671 | -1.2% |
| Financial charges | 65/66B | €362,446 | €336,151 | -€26,296 | -7.3% |
| Recurring financial charges | 65 | €362,446 | €336,151 | -€26,296 | -7.3% |
| Debt charges | 650 | €360,836 | €334,443 | -€26,393 | -7.3% |
| Other financial charges | 652/9 | €1,610 | €1,708 | +€97 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €172,656 | €216,631 | +€43,975 | +25.5% |
| Profit (loss) for the period | 9904 | €172,656 | €216,631 | +€43,975 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €172,656 | €216,631 | +€43,975 | +25.5% |
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 11 October 2026 via checked.be.