IMMO LUIK: 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 LUIK
Largest movements
- Cash -€125,600
down €125,600 (-66.7%), from €188,344 to €62,744
mainly Contributions, distributions and other (-€219,387)
- Reserves -€174,953
down €174,953 (-100%), from €174,953 to €0
- Gross operating margin +€7,879
up €7,879 (+12.5%), from €63,007 to €70,886
- Taxes +€4,437
up €4,437 (+42.8%), from €10,374 to €14,811
- Financial income -€1,537
down €1,537 (-100%), from €1,537 to €0
- Other operating charges +€938
up €938 (+8.8%), from €10,644 to €11,582
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 | €3,873,652 | €3,744,970 | -€128,683 | -3.3% |
| Fixed assets | 21/28 | €3,682,000 | €3,682,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,682,000 | €3,682,000 | = | 0.0% |
| Land and buildings | 22 | €3,682,000 | €3,682,000 | = | 0.0% |
| Current assets | 29/58 | €191,652 | €62,970 | -€128,683 | -67.1% |
| Amounts receivable within one year | 40/41 | €3,087 | €0 | -€3,087 | -100% |
| Other amounts receivable | 41 | €3,087 | €0 | -€3,087 | -100% |
| Cash at bank and in hand | 54/58 | €188,344 | €62,744 | -€125,600 | -66.7% |
| Deferred charges and accrued income | 490/1 | €222 | €226 | +€4 | +1.8% |
| Total equity and liabilities | 10/49 | €3,873,652 | €3,744,970 | -€128,683 | -3.3% |
| Equity | 10/15 | €3,873,406 | €3,698,453 | -€174,953 | -4.5% |
| Contributions | 10/11 | €30,508 | €30,508 | = | 0.0% |
| Revaluation surpluses | 12 | €3,667,944 | €3,667,944 | = | 0.0% |
| Reserves | 13 | €174,953 | €0 | -€174,953 | -100% |
| Distributable reserves | 133 | €174,953 | €0 | -€174,953 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €246 | €46,517 | +€46,271 | +18,807% |
| Amounts payable within one year | 42/48 | €246 | €46,517 | +€46,271 | +18,807% |
| Trade debts | 44 | €246 | €273 | +€27 | +10.9% |
| Suppliers | 440/4 | €246 | €273 | +€27 | +10.9% |
| Taxes, remuneration and social security | 45 | €0 | €8,476 | +€8,476 | |
| Taxes | 450/3 | €0 | €8,476 | +€8,476 | |
| Other amounts payable | 47/48 | - | €37,768 | +€37,768 | |
| Other operating charges | 640/8 | €10,644 | €11,582 | +€938 | +8.8% |
| Gross operating margin | 9900 | €63,007 | €70,886 | +€7,879 | +12.5% |
| Operating profit (loss) | 9901 | €52,364 | €59,305 | +€6,941 | +13.3% |
| Financial income | 75/76B | €1,537 | €0 | -€1,537 | -100% |
| Recurring financial income | 75 | €1,537 | €0 | -€1,537 | -100% |
| Financial charges | 65/66B | €44 | €61 | +€17 | +39.5% |
| Recurring financial charges | 65 | €44 | €61 | +€17 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €53,857 | €59,244 | +€5,387 | +10.0% |
| Income taxes | 67/77 | €10,374 | €14,811 | +€4,437 | +42.8% |
| Profit (loss) for the period | 9904 | €43,483 | €44,433 | +€950 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,483 | €44,433 | +€950 | +2.2% |
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 27 October 2026 via checked.be.