Immo Loteling: 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 Loteling
Largest movements
- Tangible fixed assets +€103,105
up €103,105 (+25.9%), from €397,971 to €501,076
- Other debts +€123,110
up €123,110 (+37.5%), from €328,485 to €451,595
- Profit (loss) carried forward -€34,046
down €34,046 (-25.8%), from -€132,143 to -€166,189
- Trade debts +€16,579
up €16,579 (+1,328%), from €1,249 to €17,827
- Gross operating margin +€21,841
up €21,841 (+59.6%), from -€36,616 to -€14,775
- Depreciation +€1,260
up €1,260 (+8.3%), from €15,117 to €16,376
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 | €417,463 | €522,894 | +€105,431 | +25.3% |
| Fixed assets | 21/28 | €397,971 | €501,076 | +€103,105 | +25.9% |
| Tangible fixed assets | 22/27 | €397,971 | €501,076 | +€103,105 | +25.9% |
| Land and buildings | 22 | €397,971 | €501,076 | +€103,105 | +25.9% |
| Current assets | 29/58 | €19,491 | €21,818 | +€2,326 | +11.9% |
| Amounts receivable within one year | 40/41 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,770 | €17,698 | +€1,929 | +12.2% |
| Deferred charges and accrued income | 490/1 | €722 | €1,119 | +€398 | +55.1% |
| Total equity and liabilities | 10/49 | €417,463 | €522,894 | +€105,431 | +25.3% |
| Equity | 10/15 | €87,517 | €53,471 | -€34,046 | -38.9% |
| Contributions | 10/11 | €165,600 | €165,600 | = | 0.0% |
| Capital | 10 | €165,600 | €165,600 | = | 0.0% |
| Issued capital | 100 | €165,600 | €165,600 | = | 0.0% |
| Reserves | 13 | €54,060 | €54,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,060 | €54,060 | = | 0.0% |
| Legal reserve | 130 | €54,060 | €54,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,143 | -€166,189 | -€34,046 | -25.8% |
| Amounts payable | 17/49 | €329,945 | €469,422 | +€139,477 | +42.3% |
| Amounts payable within one year | 42/48 | €329,945 | €469,422 | +€139,477 | +42.3% |
| Trade debts | 44 | €1,249 | €17,827 | +€16,579 | +1,328% |
| Suppliers | 440/4 | €1,249 | €17,827 | +€16,579 | +1,328% |
| Taxes, remuneration and social security | 45 | €211 | €0 | -€211 | -100% |
| Taxes | 450/3 | €211 | €0 | -€211 | -100% |
| Other amounts payable | 47/48 | €328,485 | €451,595 | +€123,110 | +37.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,117 | €16,376 | +€1,260 | +8.3% |
| Other operating charges | 640/8 | €2,297 | €2,298 | +€1 | +0.1% |
| Non-recurring operating charges | 66A | €37,000 | €0 | -€37,000 | -100% |
| Gross operating margin | 9900 | -€36,616 | -€14,775 | +€21,841 | +59.6% |
| Operating profit (loss) | 9901 | -€91,030 | -€33,450 | +€57,580 | +63.3% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €479 | €596 | +€117 | +24.4% |
| Recurring financial charges | 65 | €479 | €596 | +€117 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€91,504 | -€34,046 | +€57,458 | +62.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€91,504 | -€34,046 | +€57,458 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,504 | -€34,046 | +€57,458 | +62.8% |
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 19 October 2026 via checked.be.