IMMO LOGIA: 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 LOGIA
Largest movements
- Receivables within one year +€38,593
up €38,593 (+9.9%), from €389,633 to €428,226
of which Trade receivables: +€68,293
- Cash -€28,507
down €28,507 (-49.1%), from €58,079 to €29,572
mainly Receivables within one year (-€38,593) and Investment in fixed assets (net) (-€16,047)
- Tangible fixed assets -€13,410
down €13,410 (-2.6%), from €511,286 to €497,876
of which Furniture and vehicles: -€14,353
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€17,521
down €17,521 (-33.7%), from €52,062 to €34,541
- Other operating charges -€3,074
down €3,074 (-50.5%), from €6,087 to €3,013
- Taxes +€939
new in 2025: €939
- Financial charges +€787
up €787 (+1748.0%), from €45 to €832
- Depreciation +€755
up €755 (+2.6%), from €28,703 to €29,458
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 | €1,211,055 | €1,207,777 | -€3,278 | -0.3% |
| Fixed assets | 21/28 | €761,286 | €747,876 | -€13,410 | -1.8% |
| Tangible fixed assets | 22/27 | €511,286 | €497,876 | -€13,410 | -2.6% |
| Land and buildings | 22 | €446,414 | €449,051 | +€2,637 | +0.6% |
| Plant, machinery and equipment | 23 | €14,940 | €13,246 | -€1,694 | -11.3% |
| Furniture and vehicles | 24 | €49,933 | €35,580 | -€14,353 | -28.7% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €449,768 | €459,901 | +€10,133 | +2.3% |
| Amounts receivable within one year | 40/41 | €389,633 | €428,226 | +€38,593 | +9.9% |
| Trade receivables | 40 | €192,085 | €260,378 | +€68,293 | +35.6% |
| Other amounts receivable | 41 | €197,548 | €167,848 | -€29,700 | -15.0% |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,079 | €29,572 | -€28,507 | -49.1% |
| Deferred charges and accrued income | 490/1 | €2,046 | €2,093 | +€47 | +2.3% |
| Total equity and liabilities | 10/49 | €1,211,055 | €1,207,777 | -€3,278 | -0.3% |
| Equity | 10/15 | €410,556 | €411,142 | +€587 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €352,813 | €343,742 | -€9,071 | -2.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €346,613 | €337,542 | -€9,071 | -2.6% |
| Profit (loss) carried forward | 14 | -€4,257 | €5,400 | +€9,658 | |
| Amounts payable | 17/49 | €800,499 | €796,634 | -€3,865 | -0.5% |
| Amounts payable after more than one year | 17 | €4,940 | €4,940 | = | 0.0% |
| Other amounts payable | 178/9 | €4,940 | €4,940 | = | 0.0% |
| Amounts payable within one year | 42/48 | €795,559 | €791,694 | -€3,865 | -0.5% |
| Financial debts | 43 | €34,705 | €34,705 | = | 0.0% |
| Other loans | 439 | €34,705 | €34,705 | = | 0.0% |
| Trade debts | 44 | €27,502 | €25,623 | -€1,880 | -6.8% |
| Suppliers | 440/4 | €27,502 | €25,623 | -€1,880 | -6.8% |
| Advances received on contracts in progress | 46 | €855 | €1,813 | +€958 | +112.0% |
| Taxes, remuneration and social security | 45 | - | €946 | +€946 | |
| Taxes | 450/3 | - | €946 | +€946 | |
| Other amounts payable | 47/48 | €732,496 | €728,607 | -€3,889 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,703 | €29,458 | +€755 | +2.6% |
| Other operating charges | 640/8 | €6,087 | €3,013 | -€3,074 | -50.5% |
| Gross operating margin | 9900 | €52,062 | €34,541 | -€17,521 | -33.7% |
| Operating profit (loss) | 9901 | €17,271 | €2,070 | -€15,201 | -88.0% |
| Financial income | 75/76B | €41 | €288 | +€247 | +606.0% |
| Recurring financial income | 75 | €41 | €288 | +€247 | +606.0% |
| Financial charges | 65/66B | €45 | €832 | +€787 | +1748.0% |
| Recurring financial charges | 65 | €45 | €832 | +€787 | +1748.0% |
| Profit (loss) for the period before taxes | 9903 | €17,267 | €1,526 | -€15,741 | -91.2% |
| Income taxes | 67/77 | - | €939 | +€939 | |
| Profit (loss) for the period | 9904 | €17,267 | €587 | -€16,680 | -96.6% |
| Transfer from tax-exempt reserves | 789 | €9,071 | €9,071 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,338 | €9,658 | -€16,680 | -63.3% |
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 7 October 2026 via checked.be.