Immo Login: 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 Login
Largest movements
- Cash +€251,365
up €251,365 (+7758.0%), from €3,240 to €254,605
mainly Debts after one year (+€424,112) and Net result for the year (+€93,031)
- Stocks and contracts +€99,378
up €99,378 (+15.6%), from €635,057 to €734,435
- Receivables within one year -€40,344
down €40,344 (-14.0%), from €287,522 to €247,179
of which Other amounts receivable: -€85,324
- Debts after one year +€424,112
up €424,112 (+37.7%), from €1.1m to €1.5m
- Current portion of long-term debt -€148,335
down €148,335 (-24.6%), from €602,617 to €454,283
- Reserves +€76,659
up €76,659 (+143.7%), from €53,341 to €130,000
- Other debts -€42,774
down €42,774 (-19.2%), from €222,674 to €179,900
- Trade debts -€32,955
down €32,955 (-28.7%), from €114,969 to €82,015
- Gross operating margin +€150,050
up €150,050 (+181.2%), from €82,820 to €232,870
- Turnover -€118,000
no longer reported in 2025 (was €118,000)
- Purchases and services -€35,180
no longer reported in 2025 (was €35,180)
- Financial charges +€29,026
up €29,026 (+82.4%), from €35,205 to €64,230
- Taxes +€26,832
new in 2025: €26,832
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 | €2,125,775 | €2,445,686 | +€319,911 | +15.0% |
| Fixed assets | 21/28 | €1,181,956 | €1,191,810 | +€9,854 | +0.8% |
| Tangible fixed assets | 22/27 | €1,181,956 | €1,191,810 | +€9,854 | +0.8% |
| Land and buildings | 22 | €1,047,864 | €1,176,306 | +€128,442 | +12.3% |
| Plant, machinery and equipment | 23 | €9,262 | €6,509 | -€2,753 | -29.7% |
| Furniture and vehicles | 24 | €124,830 | €8,995 | -€115,835 | -92.8% |
| Current assets | 29/58 | €943,819 | €1,253,877 | +€310,057 | +32.9% |
| Stocks and contracts in progress | 3 | €635,057 | €734,435 | +€99,378 | +15.6% |
| Stocks | 30/36 | €635,057 | €734,435 | +€99,378 | +15.6% |
| Amounts receivable within one year | 40/41 | €287,522 | €247,179 | -€40,344 | -14.0% |
| Trade receivables | 40 | €171,700 | €216,680 | +€44,980 | +26.2% |
| Other amounts receivable | 41 | €115,822 | €30,499 | -€85,324 | -73.7% |
| Cash at bank and in hand | 54/58 | €3,240 | €254,605 | +€251,365 | +7758.0% |
| Deferred charges and accrued income | 490/1 | €18,000 | €17,657 | -€343 | -1.9% |
| Total equity and liabilities | 10/49 | €2,125,775 | €2,445,686 | +€319,911 | +15.0% |
| Equity | 10/15 | €60,807 | €153,838 | +€93,031 | +153.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,341 | €130,000 | +€76,659 | +143.7% |
| Distributable reserves | 133 | €53,341 | €130,000 | +€76,659 | +143.7% |
| Profit (loss) carried forward | 14 | -€12,535 | €3,838 | +€16,372 | |
| Amounts payable | 17/49 | €2,064,968 | €2,291,849 | +€226,880 | +11.0% |
| Amounts payable after more than one year | 17 | €1,124,708 | €1,548,820 | +€424,112 | +37.7% |
| Financial debts | 170/4 | €1,124,708 | €1,548,820 | +€424,112 | +37.7% |
| Amounts payable within one year | 42/48 | €940,261 | €743,029 | -€197,231 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €602,617 | €454,283 | -€148,335 | -24.6% |
| Trade debts | 44 | €114,969 | €82,015 | -€32,955 | -28.7% |
| Suppliers | 440/4 | €114,969 | €82,015 | -€32,955 | -28.7% |
| Taxes, remuneration and social security | 45 | - | €26,832 | +€26,832 | |
| Taxes | 450/3 | - | €26,832 | +€26,832 | |
| Other amounts payable | 47/48 | €222,674 | €179,900 | -€42,774 | -19.2% |
| Turnover | 70 | €118,000 | - | -€118,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,180 | - | -€35,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,145 | €33,981 | -€22,164 | -39.5% |
| Other operating charges | 640/8 | €4,006 | €14,795 | +€10,789 | +269.4% |
| Gross operating margin | 9900 | €82,820 | €232,870 | +€150,050 | +181.2% |
| Operating profit (loss) | 9901 | €22,670 | €184,094 | +€161,424 | +712.1% |
| Financial charges | 65/66B | €35,205 | €64,230 | +€29,026 | +82.4% |
| Recurring financial charges | 65 | €35,205 | €64,230 | +€29,026 | +82.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,535 | €119,864 | +€132,398 | |
| Income taxes | 67/77 | - | €26,832 | +€26,832 | |
| Profit (loss) for the period | 9904 | -€12,535 | €93,031 | +€105,566 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,535 | €93,031 | +€105,566 |
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 12 October 2026 via checked.be.