IMMO ROLI: 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 ROLI
Largest movements
- Tangible fixed assets +€411,015
up €411,015 (+20.4%), from €2.0m to €2.4m
of which Land and buildings: +€411,015
- Current investments +€100,000
up €100,000 (+20.0%), from €500,000 to €600,000
- Receivables within one year +€44,615
up €44,615 (+527%), from €8,473 to €53,088
of which Trade receivables: +€48,876
- Reserves +€609,038
up €609,038 (+55.6%), from €1.1m to €1.7m
of which Distributable reserves: +€617,727
- Advances received -€141,030
down €141,030 (-100%), from €141,030 to €0
- Contributions +€55,041
up €55,041 (+55.0%), from €100,000 to €155,041
- Gross operating margin +€185,097
up €185,097 (+129%), from €143,725 to €328,822
- Taxes +€48,769
up €48,769 (+1,087%), from €4,485 to €53,254
- Depreciation +€9,717
up €9,717 (+8.2%), from €118,044 to €127,761
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 | €2,609,026 | €3,163,319 | +€554,293 | +21.2% |
| Fixed assets | 21/28 | €2,015,495 | €2,426,511 | +€411,015 | +20.4% |
| Tangible fixed assets | 22/27 | €2,015,495 | €2,426,511 | +€411,015 | +20.4% |
| Land and buildings | 22 | €2,015,495 | €2,426,511 | +€411,015 | +20.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €593,530 | €736,808 | +€143,278 | +24.1% |
| Stocks and contracts in progress | 3 | €73,747 | €73,747 | = | 0.0% |
| Stocks | 30/36 | €73,747 | €73,747 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,473 | €53,088 | +€44,615 | +527% |
| Trade receivables | 40 | €2,200 | €51,076 | +€48,876 | +2,222% |
| Other amounts receivable | 41 | €6,272 | €2,012 | -€4,261 | -67.9% |
| Current investments | 50/53 | €500,000 | €600,000 | +€100,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €11,311 | €9,973 | -€1,337 | -11.8% |
| Total equity and liabilities | 10/49 | €2,609,026 | €3,163,319 | +€554,293 | +21.2% |
| Equity | 10/15 | €1,195,927 | €1,860,005 | +€664,079 | +55.5% |
| Contributions | 10/11 | €100,000 | €155,041 | +€55,041 | +55.0% |
| Capital | 10 | €100,000 | €155,041 | +€55,041 | +55.0% |
| Issued capital | 100 | €100,000 | €155,041 | +€55,041 | +55.0% |
| Reserves | 13 | €1,095,927 | €1,704,965 | +€609,038 | +55.6% |
| Non-distributable reserves | 130/1 | €10,000 | €15,504 | +€5,504 | +55.0% |
| Legal reserve | 130 | €10,000 | €15,504 | +€5,504 | +55.0% |
| Tax-exempt reserves | 132 | €240,779 | €226,586 | -€14,193 | -5.9% |
| Distributable reserves | 133 | €845,147 | €1,462,874 | +€617,727 | +73.1% |
| Provisions and deferred taxes | 16 | €80,260 | €75,529 | -€4,731 | -5.9% |
| Deferred taxes | 168 | €80,260 | €75,529 | -€4,731 | -5.9% |
| Amounts payable | 17/49 | €1,332,839 | €1,227,785 | -€105,055 | -7.9% |
| Amounts payable within one year | 42/48 | €1,332,839 | €1,227,785 | -€105,055 | -7.9% |
| Financial debts | 43 | €775,000 | €775,000 | = | 0.0% |
| Credit institutions | 430/8 | €775,000 | €775,000 | = | 0.0% |
| Trade debts | 44 | €26 | €13,582 | +€13,555 | +51,561% |
| Suppliers | 440/4 | €26 | €13,582 | +€13,555 | +51,561% |
| Advances received on contracts in progress | 46 | €141,030 | €0 | -€141,030 | -100% |
| Taxes, remuneration and social security | 45 | €16,323 | €38,743 | +€22,420 | +137% |
| Taxes | 450/3 | €873 | €23,293 | +€22,420 | +2,568% |
| Remuneration and social security | 454/9 | €15,450 | €15,450 | = | 0.0% |
| Other amounts payable | 47/48 | €400,460 | €400,460 | = | 0.0% |
| Non-recurring operating income | 76A | - | €141,030 | +€141,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,044 | €127,761 | +€9,717 | +8.2% |
| Other operating charges | 640/8 | €19,927 | €20,740 | +€813 | +4.1% |
| Gross operating margin | 9900 | €143,725 | €328,822 | +€185,097 | +129% |
| Operating profit (loss) | 9901 | €5,753 | €180,321 | +€174,567 | +3,034% |
| Financial income | 75/76B | €11,802 | €9,249 | -€2,553 | -21.6% |
| Recurring financial income | 75 | €11,802 | €9,249 | -€2,553 | -21.6% |
| Financial charges | 65/66B | €15,567 | €15,743 | +€176 | +1.1% |
| Recurring financial charges | 65 | €15,567 | €15,743 | +€176 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €1,988 | €173,826 | +€171,838 | +8,645% |
| Transfer from deferred taxes | 780 | €4,731 | €4,731 | = | 0.0% |
| Income taxes | 67/77 | €4,485 | €53,254 | +€48,769 | +1,087% |
| Profit (loss) for the period | 9904 | €2,234 | €125,303 | +€123,069 | +5,509% |
| Transfer from tax-exempt reserves | 789 | €14,193 | €14,193 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,427 | €139,496 | +€123,069 | +749% |
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 20 October 2026 via checked.be.