IMMO OLIVERI: 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 OLIVERI
Largest movements
- Tangible fixed assets -€15,380
down €15,380 (-5.9%), from €259,693 to €244,313
- Cash -€5,901
down €5,901 (-45.2%), from €13,063 to €7,162
mainly Current portion of long-term debt (-€35,395) and Contributions, distributions and other (-€20,635)
- Current portion of long-term debt -€35,395
no longer reported in 2025 (was €35,395)
- Other debts +€19,476
up €19,476 (+43.0%), from €45,249 to €64,724
- Tax, wage and social debts -€3,451
down €3,451 (-60.5%), from €5,709 to €2,257
- Reserves -€3,009
down €3,009 (-2.2%), from €138,387 to €135,378
of which Distributable reserves: -€3,009
- Gross operating margin -€2,601
down €2,601 (-5.7%), from €45,564 to €42,963
- Financial charges -€763
down €763 (-70.6%), from €1,081 to €318
- Taxes -€650
down €650 (-7.3%), from €8,876 to €8,225
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 | €274,739 | €252,359 | -€22,380 | -8.1% |
| Fixed assets | 21/28 | €259,693 | €244,313 | -€15,380 | -5.9% |
| Tangible fixed assets | 22/27 | €259,693 | €244,313 | -€15,380 | -5.9% |
| Land and buildings | 22 | €259,693 | €244,313 | -€15,380 | -5.9% |
| Current assets | 29/58 | €15,046 | €8,046 | -€7,000 | -46.5% |
| Amounts receivable within one year | 40/41 | €1,983 | €884 | -€1,099 | -55.4% |
| Trade receivables | 40 | €859 | €884 | +€25 | +2.9% |
| Other amounts receivable | 41 | €1,124 | - | -€1,124 | |
| Cash at bank and in hand | 54/58 | €13,063 | €7,162 | -€5,901 | -45.2% |
| Total equity and liabilities | 10/49 | €274,739 | €252,359 | -€22,380 | -8.1% |
| Equity | 10/15 | €188,387 | €185,378 | -€3,009 | -1.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €138,387 | €135,378 | -€3,009 | -2.2% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €237 | €237 | = | 0.0% |
| Distributable reserves | 133 | €133,150 | €130,141 | -€3,009 | -2.3% |
| Amounts payable | 17/49 | €86,353 | €66,981 | -€19,371 | -22.4% |
| Amounts payable within one year | 42/48 | €86,353 | €66,981 | -€19,371 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €35,395 | - | -€35,395 | |
| Taxes, remuneration and social security | 45 | €5,709 | €2,257 | -€3,451 | -60.5% |
| Taxes | 450/3 | €5,709 | €2,257 | -€3,451 | -60.5% |
| Other amounts payable | 47/48 | €45,249 | €64,724 | +€19,476 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,380 | €15,380 | = | 0.0% |
| Other operating charges | 640/8 | €1,371 | €1,414 | +€43 | +3.2% |
| Gross operating margin | 9900 | €45,564 | €42,963 | -€2,601 | -5.7% |
| Operating profit (loss) | 9901 | €28,813 | €26,169 | -€2,645 | -9.2% |
| Financial income | 75/76B | €163 | - | -€163 | |
| Recurring financial income | 75 | €163 | - | -€163 | |
| Financial charges | 65/66B | €1,081 | €318 | -€763 | -70.6% |
| Recurring financial charges | 65 | €1,081 | €318 | -€763 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €27,895 | €25,851 | -€2,044 | -7.3% |
| Income taxes | 67/77 | €8,876 | €8,225 | -€650 | -7.3% |
| Profit (loss) for the period | 9904 | €19,020 | €17,626 | -€1,394 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,020 | €17,626 | -€1,394 | -7.3% |
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.