IMMO LY: 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 LY
Largest movements
- Tangible fixed assets -€104,074
down €104,074 (-6.1%), from €1.7m to €1.6m
of which Land and buildings: -€89,367
- Receivables within one year +€89,641
up €89,641 (+45.4%), from €197,381 to €287,022
of which Other amounts receivable: +€51,084
- Debts after one year -€98,738
down €98,738 (-7.5%), from €1.3m to €1.2m
- Other debts +€50,807
up €50,807 (+25.0%), from €203,060 to €253,867
- Reserves +€20,047
up €20,047 (+12.7%), from €158,456 to €178,503
- Gross operating margin +€26,524
up €26,524 (+12.4%), from €214,507 to €241,032
- Financial charges +€4,670
up €4,670 (+8.6%), from €54,349 to €59,019
- Depreciation -€4,637
down €4,637 (-4.2%), from €110,313 to €105,676
- Taxes +€2,420
up €2,420 (+52.3%), from €4,624 to €7,045
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 | €1,916,261 | €1,903,364 | -€12,897 | -0.7% |
| Fixed assets | 21/28 | €1,705,928 | €1,601,854 | -€104,074 | -6.1% |
| Tangible fixed assets | 22/27 | €1,698,496 | €1,594,422 | -€104,074 | -6.1% |
| Land and buildings | 22 | €1,616,275 | €1,526,908 | -€89,367 | -5.5% |
| Plant, machinery and equipment | 23 | €2,060 | €1,560 | -€500 | -24.3% |
| Furniture and vehicles | 24 | €77,918 | €65,250 | -€12,668 | -16.3% |
| Leasing and similar rights | 25 | €2,244 | €704 | -€1,539 | -68.6% |
| Financial fixed assets | 28 | €7,432 | €7,432 | = | 0.0% |
| Current assets | 29/58 | €210,333 | €301,510 | +€91,178 | +43.3% |
| Amounts receivable within one year | 40/41 | €197,381 | €287,022 | +€89,641 | +45.4% |
| Trade receivables | 40 | €108,267 | €146,824 | +€38,557 | +35.6% |
| Other amounts receivable | 41 | €89,114 | €140,198 | +€51,084 | +57.3% |
| Cash at bank and in hand | 54/58 | €4,792 | €7,244 | +€2,451 | +51.2% |
| Deferred charges and accrued income | 490/1 | €8,159 | €7,244 | -€915 | -11.2% |
| Total equity and liabilities | 10/49 | €1,916,261 | €1,903,364 | -€12,897 | -0.7% |
| Equity | 10/15 | €178,456 | €198,503 | +€20,047 | +11.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €158,456 | €178,503 | +€20,047 | +12.7% |
| Distributable reserves | 133 | €158,456 | €178,503 | +€20,047 | +12.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,737,806 | €1,704,862 | -€32,944 | -1.9% |
| Amounts payable after more than one year | 17 | €1,309,231 | €1,210,493 | -€98,738 | -7.5% |
| Financial debts | 170/4 | €1,309,231 | €1,210,493 | -€98,738 | -7.5% |
| Amounts payable within one year | 42/48 | €403,375 | €453,957 | +€50,582 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €110,930 | €117,138 | +€6,208 | +5.6% |
| Trade debts | 44 | €59,381 | €46,928 | -€12,453 | -21.0% |
| Suppliers | 440/4 | €59,381 | €46,928 | -€12,453 | -21.0% |
| Taxes, remuneration and social security | 45 | €30,004 | €36,023 | +€6,019 | +20.1% |
| Taxes | 450/3 | €30,004 | €36,023 | +€6,019 | +20.1% |
| Other amounts payable | 47/48 | €203,060 | €253,867 | +€50,807 | +25.0% |
| Accrued charges and deferred income | 492/3 | €25,199 | €40,412 | +€15,212 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,313 | €105,676 | -€4,637 | -4.2% |
| Other operating charges | 640/8 | €22,053 | €22,244 | +€192 | +0.9% |
| Gross operating margin | 9900 | €214,507 | €241,032 | +€26,524 | +12.4% |
| Operating profit (loss) | 9901 | €82,142 | €113,111 | +€30,969 | +37.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54,349 | €59,019 | +€4,670 | +8.6% |
| Recurring financial charges | 65 | €54,349 | €59,019 | +€4,670 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €27,792 | €54,092 | +€26,300 | +94.6% |
| Income taxes | 67/77 | €4,624 | €7,045 | +€2,420 | +52.3% |
| Profit (loss) for the period | 9904 | €23,168 | €47,047 | +€23,879 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €23,168 | €47,047 | +€23,879 | +103% |
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 14 October 2026 via checked.be.