IMMO - OLIVIER: 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 - OLIVIER
Largest movements
- Cash +€2,751
up €2,751 (+69.0%), from €3,986 to €6,737
mainly Net result for the year (+€5,147) and Depreciation (+€4,092)
- Tangible fixed assets -€1,293
down €1,293 (-2.1%), from €60,803 to €59,510
of which Other tangible fixed assets: -€797
- Profit (loss) carried forward +€5,147
up €5,147 (+2.3%), from -€226,951 to -€221,804
- Other debts -€4,495
down €4,495 (-12.0%), from €37,364 to €32,869
- Debts after one year +€1,780
up €1,780 (+88.1%), from €2,020 to €3,800
- Gross operating margin +€14,635
up €14,635 (+253%), from €5,784 to €20,419
- Other operating charges +€3,902
up €3,902 (+56.8%), from €6,865 to €10,767
- Depreciation -€3,234
down €3,234 (-44.1%), from €7,326 to €4,092
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 | €65,211 | €67,165 | +€1,954 | +3.0% |
| Fixed assets | 21/28 | €60,803 | €59,510 | -€1,293 | -2.1% |
| Tangible fixed assets | 22/27 | €60,803 | €59,510 | -€1,293 | -2.1% |
| Land and buildings | 22 | €34,705 | €34,705 | = | 0.0% |
| Plant, machinery and equipment | 23 | €111 | - | -€111 | |
| Furniture and vehicles | 24 | €1,314 | €929 | -€385 | -29.3% |
| Other tangible fixed assets | 26 | €24,673 | €23,876 | -€797 | -3.2% |
| Current assets | 29/58 | €4,408 | €7,655 | +€3,247 | +73.7% |
| Cash at bank and in hand | 54/58 | €3,986 | €6,737 | +€2,751 | +69.0% |
| Deferred charges and accrued income | 490/1 | €422 | €918 | +€496 | +118% |
| Total equity and liabilities | 10/49 | €65,211 | €67,165 | +€1,954 | +3.0% |
| Equity | 10/15 | €23,049 | €28,196 | +€5,147 | +22.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,951 | -€221,804 | +€5,147 | +2.3% |
| Amounts payable | 17/49 | €42,162 | €38,969 | -€3,193 | -7.6% |
| Amounts payable after more than one year | 17 | €2,020 | €3,800 | +€1,780 | +88.1% |
| Other amounts payable | 178/9 | €2,020 | €3,800 | +€1,780 | +88.1% |
| Amounts payable within one year | 42/48 | €37,364 | €32,869 | -€4,495 | -12.0% |
| Other amounts payable | 47/48 | €37,364 | €32,869 | -€4,495 | -12.0% |
| Accrued charges and deferred income | 492/3 | €2,778 | €2,300 | -€478 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,326 | €4,092 | -€3,234 | -44.1% |
| Other operating charges | 640/8 | €6,865 | €10,767 | +€3,902 | +56.8% |
| Gross operating margin | 9900 | €5,784 | €20,419 | +€14,635 | +253% |
| Operating profit (loss) | 9901 | -€8,407 | €5,560 | +€13,967 | |
| Financial charges | 65/66B | €344 | €413 | +€69 | +20.1% |
| Recurring financial charges | 65 | €344 | €413 | +€69 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,751 | €5,147 | +€13,898 | |
| Profit (loss) for the period | 9904 | -€8,751 | €5,147 | +€13,898 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,751 | €5,147 | +€13,898 |
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 25 October 2026 via checked.be.