IMMO-LUX: 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-LUX
Largest movements
- Tangible fixed assets +€233,930
up €233,930 (+8.7%), from €2.7m to €2.9m
- Other debts +€382,803
up €382,803 (+29.3%), from €1.3m to €1.7m
- Reserves -€91,863
down €91,863 (-7.6%), from €1.2m to €1.1m
- Provisions -€43,894
down €43,894 (-8.0%), from €546,507 to €502,613
- Gross operating margin -€153,705
down €153,705 (-51.3%), from €299,444 to €145,738
- Taxes -€33,771
down €33,771 (-100.0%), from €33,771 to €0
- Financial charges -€12,380
down €12,380 (-12.0%), from €103,308 to €90,928
- Financial income -€6,008
down €6,008 (-96.3%), from €6,237 to €230
- Depreciation +€3,291
up €3,291 (+1.9%), from €176,014 to €179,305
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 | €3,499,116 | €3,735,953 | +€236,838 | +6.8% |
| Fixed assets | 21/28 | €2,673,901 | €2,907,831 | +€233,930 | +8.7% |
| Tangible fixed assets | 22/27 | €2,673,901 | €2,907,831 | +€233,930 | +8.7% |
| Land and buildings | 22 | €2,673,901 | €2,907,831 | +€233,930 | +8.7% |
| Current assets | 29/58 | €825,215 | €828,123 | +€2,908 | +0.4% |
| Amounts receivable within one year | 40/41 | €29,229 | €12,500 | -€16,729 | -57.2% |
| Trade receivables | 40 | €5,500 | €0 | -€5,500 | -100.0% |
| Other amounts receivable | 41 | €23,729 | €12,500 | -€11,229 | -47.3% |
| Cash at bank and in hand | 54/58 | €790,824 | €812,745 | +€21,921 | +2.8% |
| Deferred charges and accrued income | 490/1 | €5,162 | €2,877 | -€2,285 | -44.3% |
| Total equity and liabilities | 10/49 | €3,499,116 | €3,735,953 | +€236,838 | +6.8% |
| Equity | 10/15 | €1,609,580 | €1,509,764 | -€99,816 | -6.2% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €1,208,363 | €1,116,500 | -€91,863 | -7.6% |
| Tax-exempt reserves | 132 | €1,208,363 | €1,116,500 | -€91,863 | -7.6% |
| Profit (loss) carried forward | 14 | -€1,098,783 | -€1,106,736 | -€7,953 | -0.7% |
| Provisions and deferred taxes | 16 | €546,507 | €502,613 | -€43,894 | -8.0% |
| Deferred taxes | 168 | €546,507 | €502,613 | -€43,894 | -8.0% |
| Amounts payable | 17/49 | €1,343,029 | €1,723,577 | +€380,548 | +28.3% |
| Amounts payable within one year | 42/48 | €1,335,794 | €1,716,636 | +€380,842 | +28.5% |
| Trade debts | 44 | - | €1,753 | +€1,753 | |
| Suppliers | 440/4 | - | €1,753 | +€1,753 | |
| Taxes, remuneration and social security | 45 | €30,624 | €26,909 | -€3,714 | -12.1% |
| Taxes | 450/3 | €30,624 | €26,909 | -€3,714 | -12.1% |
| Other amounts payable | 47/48 | €1,305,170 | €1,687,974 | +€382,803 | +29.3% |
| Accrued charges and deferred income | 492/3 | €7,235 | €6,940 | -€295 | -4.1% |
| Non-recurring operating income | 76A | €130,741 | €0 | -€130,741 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,014 | €179,305 | +€3,291 | +1.9% |
| Other operating charges | 640/8 | €18,999 | €19,445 | +€446 | +2.3% |
| Non-recurring operating charges | 66A | €8,337 | €0 | -€8,337 | -100.0% |
| Gross operating margin | 9900 | €299,444 | €145,738 | -€153,705 | -51.3% |
| Operating profit (loss) | 9901 | €96,092 | -€53,012 | -€149,104 | |
| Financial income | 75/76B | €6,237 | €230 | -€6,008 | -96.3% |
| Recurring financial income | 75 | €6,237 | €230 | -€6,008 | -96.3% |
| Financial charges | 65/66B | €103,308 | €90,928 | -€12,380 | -12.0% |
| Recurring financial charges | 65 | €103,308 | €90,928 | -€12,380 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€978 | -€143,710 | -€142,732 | -14590.4% |
| Transfer from deferred taxes | 780 | €43,489 | €43,894 | +€405 | +0.9% |
| Income taxes | 67/77 | €33,771 | €0 | -€33,771 | -100.0% |
| Profit (loss) for the period | 9904 | €8,739 | -€99,816 | -€108,556 | |
| Transfer from tax-exempt reserves | 789 | €90,648 | €91,863 | +€1,215 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,387 | -€7,953 | -€107,340 |
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 4 October 2026 via checked.be.