IMMO ROELS: what changed
Two fiscal 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 ROELS
Largest movements
- Tangible fixed assets -€7,729
down €7,729 (-2.6%), from €297,227 to €289,498
of which Furniture and vehicles: -€6,900
- Debts after one year -€24,000
down €24,000 (-24.6%), from €97,400 to €73,400
- Trade debts -€22,745
down €22,745 (-97.0%), from €23,456 to €712
- Other debts +€22,586
up €22,586 (+234.0%), from €9,652 to €32,238
- Reserves +€12,769
up €12,769 (+29.0%), from €43,968 to €56,737
of which Distributable reserves: +€12,769
- Tax, wage and social debts +€4,745
up €4,745 (+1669.6%), from €284 to €5,029
- Gross operating margin +€42,541
up €42,541 (+146.2%), from €29,102 to €71,643
- Other operating charges -€3,003
down €3,003 (-10.4%), from €29,011 to €26,008
- Taxes +€1,747
up €1,747 (+969.8%), from €180 to €1,927
- Depreciation -€1,349
down €1,349 (-4.9%), from €27,388 to €26,039
- Financial charges +€1,295
up €1,295 (+32.3%), from €4,012 to €5,308
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 | €314,124 | €306,823 | -€7,301 | -2.3% |
| Fixed assets | 21/28 | €297,227 | €289,498 | -€7,729 | -2.6% |
| Tangible fixed assets | 22/27 | €297,227 | €289,498 | -€7,729 | -2.6% |
| Land and buildings | 22 | €290,326 | €289,498 | -€828 | -0.3% |
| Furniture and vehicles | 24 | €6,900 | - | -€6,900 | |
| Current assets | 29/58 | €16,897 | €17,325 | +€428 | +2.5% |
| Amounts receivable within one year | 40/41 | - | €846 | +€846 | |
| Other amounts receivable | 41 | - | €846 | +€846 | |
| Current investments | 50/53 | €10,162 | €10,477 | +€315 | +3.1% |
| Cash at bank and in hand | 54/58 | €1,784 | €1,498 | -€286 | -16.0% |
| Deferred charges and accrued income | 490/1 | €4,951 | €4,505 | -€446 | -9.0% |
| Total equity and liabilities | 10/49 | €314,124 | €306,823 | -€7,301 | -2.3% |
| Equity | 10/15 | €158,766 | €171,444 | +€12,679 | +8.0% |
| Contributions | 10/11 | €94,125 | €94,125 | = | 0.0% |
| Reserves | 13 | €43,968 | €56,737 | +€12,769 | +29.0% |
| Non-distributable reserves | 130/1 | €9,413 | €9,413 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,413 | €9,413 | = | 0.0% |
| Distributable reserves | 133 | €34,556 | €47,325 | +€12,769 | +37.0% |
| Profit (loss) carried forward | 14 | €20,582 | €20,582 | = | 0.0% |
| Investment grants | 15 | €90 | - | -€90 | |
| Amounts payable | 17/49 | €155,358 | €135,378 | -€19,980 | -12.9% |
| Amounts payable after more than one year | 17 | €97,400 | €73,400 | -€24,000 | -24.6% |
| Financial debts | 170/4 | €97,400 | €73,400 | -€24,000 | -24.6% |
| Amounts payable within one year | 42/48 | €57,392 | €61,978 | +€4,586 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | €24,000 | = | 0.0% |
| Trade debts | 44 | €23,456 | €712 | -€22,745 | -97.0% |
| Suppliers | 440/4 | €23,456 | €712 | -€22,745 | -97.0% |
| Taxes, remuneration and social security | 45 | €284 | €5,029 | +€4,745 | +1669.6% |
| Taxes | 450/3 | €284 | €5,029 | +€4,745 | +1669.6% |
| Other amounts payable | 47/48 | €9,652 | €32,238 | +€22,586 | +234.0% |
| Accrued charges and deferred income | 492/3 | €566 | - | -€566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,388 | €26,039 | -€1,349 | -4.9% |
| Other operating charges | 640/8 | €29,011 | €26,008 | -€3,003 | -10.4% |
| Gross operating margin | 9900 | €29,102 | €71,643 | +€42,541 | +146.2% |
| Operating profit (loss) | 9901 | -€27,297 | €19,596 | +€46,893 | |
| Financial income | 75/76B | €254 | €407 | +€153 | +60.2% |
| Recurring financial income | 75 | €254 | €407 | +€153 | +60.2% |
| Financial charges | 65/66B | €4,012 | €5,308 | +€1,295 | +32.3% |
| Recurring financial charges | 65 | €4,012 | €5,308 | +€1,295 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,054 | €14,696 | +€45,751 | |
| Income taxes | 67/77 | €180 | €1,927 | +€1,747 | +969.8% |
| Profit (loss) for the period | 9904 | -€31,235 | €12,769 | +€44,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,235 | €12,769 | +€44,004 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.