Immo-Lys: 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.
What changed
Immo-Lys
NACE 68.310, Real estate agency activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,506
2024 · €396,769-€318,263
Equity
€1.3m
2024 · €1.2m+€74,966
Cash
€241,708
2024 · €176,687+€65,021
Balance sheet total
€3.7m
2024 · €3.5m+€232,098
Largest movements
Assets
- Financial fixed assets +€238,137
new in 2025: €238,137
- Stocks and contracts -€236,601
down €236,601 (-10.3%), from €2.3m to €2.1m
- Receivables within one year +€186,107
up €186,107 (+41.9%), from €444,638 to €630,745
of which Other amounts receivable: +€143,369
- Cash +€65,021
up €65,021 (+36.8%), from €176,687 to €241,708
mainly Stocks and contracts (+€236,601) and Debts after one year (+€163,199)
Equity and liabilities
- Debts after one year +€163,199
up €163,199 (+39.6%), from €411,878 to €575,077
of which Financial debts: +€161,899
- Reserves +€74,966
up €74,966 (+6.9%), from €1.1m to €1.2m
of which Distributable reserves: +€83,973
- Advances received -€62,400
down €62,400 (-100.0%), from €62,400 to €0
- Short-term financial debts +€59,833
up €59,833 (+6.6%), from €912,000 to €971,833
Income statement
- Gross operating margin -€496,179
down €496,179 (-62.6%), from €792,203 to €296,024
- Financial charges -€55,890
down €55,890 (-46.4%), from €120,476 to €64,585
- Other operating charges -€15,157
down €15,157 (-42.1%), from €35,963 to €20,806
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.
Result 2024
€396,769
Gross operating margin
-€496,179
Staff costs
-€2,320
Depreciation
+€3,949
Other operating charges
+€15,157
Financial income
-€4,478
Financial charges
+€55,890
Taxes
+€5,760
Deferred taxes and other
+€103,957
Result 2025
€78,506
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.
From operations
+€156,122
Investment
-€288,113
Financing
+€197,013
Cash 2024
€176,687
From operations (derived)
+€156,122
Net result for the year
+€78,506
Depreciation
+€56,344
Stocks and contracts
+€236,601
Receivables within one year
-€186,107
Deferred charges and accrued income
+€14,198
Provisions
-€3,003
Trade debts
+€3,856
Tax, wage and social debts
+€16,995
Advances received
-€62,400
Other debts
+€17,349
Accrued charges and deferred income
-€16,217
Investment (derived)
-€288,113
Investment in fixed assets (net)
-€288,113
Financing
+€197,013
Debts after one year
+€163,199
Current portion of long-term debt
-€22,480
Short-term financial debts
+€59,833
Contributions, distributions and other
-€3,540
Cash 2025
€241,708
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,477,696 | €3,709,795 | +€232,098 | +6.7% |
| Fixed assets | 21/28 | €518,925 | €750,694 | +€231,769 | +44.7% |
| Intangible fixed assets | 21 | €769 | €0 | -€769 | -100.0% |
| Tangible fixed assets | 22/27 | €518,157 | €512,557 | -€5,599 | -1.1% |
| Land and buildings | 22 | €496,397 | €478,789 | -€17,608 | -3.5% |
| Plant, machinery and equipment | 23 | €7,855 | €2,572 | -€5,283 | -67.3% |
| Furniture and vehicles | 24 | €1,368 | €11,058 | +€9,690 | +708.4% |
| Other tangible fixed assets | 26 | €12,537 | €20,138 | +€7,601 | +60.6% |
| Financial fixed assets | 28 | - | €238,137 | +€238,137 | |
| Current assets | 29/58 | €2,958,771 | €2,959,101 | +€329 | 0.0% |
| Stocks and contracts in progress | 3 | €2,298,370 | €2,061,769 | -€236,601 | -10.3% |
| Stocks | 30/36 | €2,298,370 | €2,061,769 | -€236,601 | -10.3% |
| Amounts receivable within one year | 40/41 | €444,638 | €630,745 | +€186,107 | +41.9% |
| Trade receivables | 40 | €20,598 | €63,336 | +€42,737 | +207.5% |
| Other amounts receivable | 41 | €424,040 | €567,409 | +€143,369 | +33.8% |
| Cash at bank and in hand | 54/58 | €176,687 | €241,708 | +€65,021 | +36.8% |
| Deferred charges and accrued income | 490/1 | €39,076 | €24,878 | -€14,198 | -36.3% |
| Total equity and liabilities | 10/49 | €3,477,696 | €3,709,795 | +€232,098 | +6.7% |
| Equity | 10/15 | €1,233,321 | €1,308,287 | +€74,966 | +6.1% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €1,084,585 | €1,159,551 | +€74,966 | +6.9% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €340,859 | €331,851 | -€9,008 | -2.6% |
| Distributable reserves | 133 | €728,853 | €812,826 | +€83,973 | +11.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €113,620 | €110,617 | -€3,003 | -2.6% |
| Deferred taxes | 168 | €113,620 | €110,617 | -€3,003 | -2.6% |
| Amounts payable | 17/49 | €2,130,756 | €2,290,891 | +€160,135 | +7.5% |
| Amounts payable after more than one year | 17 | €411,878 | €575,077 | +€163,199 | +39.6% |
| Financial debts | 170/4 | €409,328 | €571,227 | +€161,899 | +39.6% |
| Other amounts payable | 178/9 | €2,550 | €3,850 | +€1,300 | +51.0% |
| Amounts payable within one year | 42/48 | €1,680,298 | €1,693,452 | +€13,154 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €55,574 | €33,094 | -€22,480 | -40.4% |
| Financial debts | 43 | €912,000 | €971,833 | +€59,833 | +6.6% |
| Credit institutions | 430/8 | €912,000 | €971,833 | +€59,833 | +6.6% |
| Trade debts | 44 | €67,622 | €71,478 | +€3,856 | +5.7% |
| Suppliers | 440/4 | €67,622 | €71,478 | +€3,856 | +5.7% |
| Advances received on contracts in progress | 46 | €62,400 | €0 | -€62,400 | -100.0% |
| Taxes, remuneration and social security | 45 | €44,759 | €61,754 | +€16,995 | +38.0% |
| Taxes | 450/3 | €36,313 | €52,488 | +€16,175 | +44.5% |
| Remuneration and social security | 454/9 | €8,446 | €9,266 | +€820 | +9.7% |
| Other amounts payable | 47/48 | €537,942 | €555,292 | +€17,349 | +3.2% |
| Accrued charges and deferred income | 492/3 | €38,580 | €22,362 | -€16,217 | -42.0% |
| Non-recurring operating income | 76A | €783,752 | €204,604 | -€579,148 | -73.9% |
| Remuneration, social security and pensions | 62 | €45,070 | €47,390 | +€2,320 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,292 | €56,344 | -€3,949 | -6.5% |
| Other operating charges | 640/8 | €35,963 | €20,806 | -€15,157 | -42.1% |
| Gross operating margin | 9900 | €792,203 | €296,024 | -€496,179 | -62.6% |
| Operating profit (loss) | 9901 | €650,878 | €171,485 | -€479,392 | -73.7% |
| Financial income | 75/76B | €8,527 | €4,049 | -€4,478 | -52.5% |
| Recurring financial income | 75 | €8,527 | €4,049 | -€4,478 | -52.5% |
| Financial charges | 65/66B | €120,476 | €64,585 | -€55,890 | -46.4% |
| Recurring financial charges | 65 | €120,476 | €64,585 | -€55,890 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €538,929 | €110,949 | -€427,980 | -79.4% |
| Transfer from deferred taxes | 780 | €3,644 | €3,003 | -€641 | -17.6% |
| Transfer to deferred taxes | 680 | €104,598 | €0 | -€104,598 | -100.0% |
| Income taxes | 67/77 | €41,206 | €35,446 | -€5,760 | -14.0% |
| Profit (loss) for the period | 9904 | €396,769 | €78,506 | -€318,263 | -80.2% |
| Transfer from tax-exempt reserves | 789 | €10,931 | €9,008 | -€1,923 | -17.6% |
| Transfer to tax-exempt reserves | 689 | €313,794 | €0 | -€313,794 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,907 | €87,513 | -€6,393 | -6.8% |
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 9 October 2026 via checked.be.