IMMO MARMO: 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 MARMO
Largest movements
- Cash +€97,550
up €97,550 (+33.6%), from €290,253 to €387,803
mainly Other debts (+€116,618) and Net result for the year (+€57,055)
- Tangible fixed assets +€87,474
up €87,474 (+6.7%), from €1.3m to €1.4m
of which Land and buildings: +€88,682
- Receivables within one year -€23,737
down €23,737 (-43.1%), from €55,090 to €31,353
of which Trade receivables: -€34,980
- Other debts +€116,618
up €116,618 (+18.8%), from €620,969 to €737,587
- Reserves +€57,000
up €57,000 (+8.5%), from €669,700 to €726,700
of which Distributable reserves: +€57,000
- Depreciation +€6,210
up €6,210 (+14.3%), from €43,370 to €49,581
- Gross operating margin -€5,057
down €5,057 (-2.6%), from €192,597 to €187,540
- Financial income +€4,724
up €4,724 (+5176.5%), from €91 to €4,815
- Taxes -€2,270
down €2,270 (-7.7%), from €29,620 to €27,350
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 | €1,658,187 | €1,819,689 | +€161,502 | +9.7% |
| Fixed assets | 21/28 | €1,312,805 | €1,400,280 | +€87,474 | +6.7% |
| Tangible fixed assets | 22/27 | €1,312,805 | €1,400,280 | +€87,474 | +6.7% |
| Land and buildings | 22 | €931,344 | €1,020,026 | +€88,682 | +9.5% |
| Plant, machinery and equipment | 23 | €2,211 | €1,004 | -€1,208 | -54.6% |
| Other tangible fixed assets | 26 | €379,250 | €379,250 | = | 0.0% |
| Current assets | 29/58 | €345,382 | €419,410 | +€74,028 | +21.4% |
| Amounts receivable within one year | 40/41 | €55,090 | €31,353 | -€23,737 | -43.1% |
| Trade receivables | 40 | €34,980 | - | -€34,980 | |
| Other amounts receivable | 41 | €20,110 | €31,353 | +€11,243 | +55.9% |
| Cash at bank and in hand | 54/58 | €290,253 | €387,803 | +€97,550 | +33.6% |
| Deferred charges and accrued income | 490/1 | €39 | €254 | +€215 | +543.7% |
| Total equity and liabilities | 10/49 | €1,658,187 | €1,819,689 | +€161,502 | +9.7% |
| Equity | 10/15 | €975,078 | €1,032,132 | +€57,055 | +5.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €669,700 | €726,700 | +€57,000 | +8.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €663,500 | €720,500 | +€57,000 | +8.6% |
| Profit (loss) carried forward | 14 | €243,378 | €243,432 | +€55 | 0.0% |
| Amounts payable | 17/49 | €683,110 | €787,557 | +€104,447 | +15.3% |
| Amounts payable within one year | 42/48 | €638,803 | €743,405 | +€104,602 | +16.4% |
| Trade debts | 44 | €6,351 | €55 | -€6,296 | -99.1% |
| Suppliers | 440/4 | €6,351 | €55 | -€6,296 | -99.1% |
| Taxes, remuneration and social security | 45 | €11,483 | €5,763 | -€5,720 | -49.8% |
| Taxes | 450/3 | €11,483 | €5,763 | -€5,720 | -49.8% |
| Other amounts payable | 47/48 | €620,969 | €737,587 | +€116,618 | +18.8% |
| Accrued charges and deferred income | 492/3 | €44,307 | €44,152 | -€155 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,370 | €49,581 | +€6,210 | +14.3% |
| Other operating charges | 640/8 | €46,268 | €48,050 | +€1,782 | +3.9% |
| Gross operating margin | 9900 | €192,597 | €187,540 | -€5,057 | -2.6% |
| Operating profit (loss) | 9901 | €102,959 | €89,909 | -€13,049 | -12.7% |
| Financial income | 75/76B | €91 | €4,815 | +€4,724 | +5176.5% |
| Recurring financial income | 75 | €91 | €4,815 | +€4,724 | +5176.5% |
| Financial charges | 65/66B | €9,824 | €10,320 | +€496 | +5.0% |
| Recurring financial charges | 65 | €9,824 | €10,320 | +€496 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €93,226 | €84,405 | -€8,821 | -9.5% |
| Income taxes | 67/77 | €29,620 | €27,350 | -€2,270 | -7.7% |
| Profit (loss) for the period | 9904 | €63,606 | €57,055 | -€6,551 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,606 | €57,055 | -€6,551 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.