IMMO - ROME: 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 - ROME
Largest movements
- Tangible fixed assets +€430,019
up €430,019 (+64.5%), from €666,517 to €1.1m
of which Land and buildings: +€412,288
- Receivables within one year +€342,122
up €342,122 (+91.7%), from €372,946 to €715,069
of which Other amounts receivable: +€436,553
- Cash -€65,777
down €65,777 (-47.1%), from €139,694 to €73,917
mainly Investment in fixed assets (net) (-€489,482) and Receivables within one year (-€342,122)
- Debts after one year +€430,672
up €430,672 (+671.9%), from €64,099 to €494,771
- Reserves +€240,686
up €240,686 (+17.7%), from €1.4m to €1.6m
of which Tax-exempt reserves: +€240,686
- Provisions +€80,229
up €80,229 (+121.2%), from €66,176 to €146,405
- Profit (loss) carried forward -€66,606
down €66,606 (-14.2%), from -€467,527 to -€534,133
- Current portion of long-term debt +€35,990
up €35,990 (+289.5%), from €12,431 to €48,421
- Gross operating margin +€37,187
up €37,187 (+9.6%), from €388,613 to €425,800
- Other operating charges +€35,936
up €35,936 (+59.8%), from €60,141 to €96,077
- Depreciation -€15,720
down €15,720 (-20.9%), from €75,183 to €59,463
- Financial charges +€10,599
up €10,599 (+197.8%), from €5,359 to €15,957
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 | €1,186,205 | €1,897,417 | +€711,212 | +60.0% |
| Fixed assets | 21/28 | €666,517 | €1,096,536 | +€430,019 | +64.5% |
| Tangible fixed assets | 22/27 | €666,517 | €1,096,536 | +€430,019 | +64.5% |
| Land and buildings | 22 | €569,232 | €981,520 | +€412,288 | +72.4% |
| Plant, machinery and equipment | 23 | €32,404 | €70,265 | +€37,861 | +116.8% |
| Furniture and vehicles | 24 | €1,455 | €632 | -€823 | -56.6% |
| Other tangible fixed assets | 26 | €63,426 | €44,120 | -€19,306 | -30.4% |
| Current assets | 29/58 | €519,688 | €800,881 | +€281,193 | +54.1% |
| Amounts receivable within one year | 40/41 | €372,946 | €715,069 | +€342,122 | +91.7% |
| Trade receivables | 40 | €94,431 | - | -€94,431 | |
| Other amounts receivable | 41 | €278,515 | €715,069 | +€436,553 | +156.7% |
| Current investments | 50/53 | €824 | €829 | +€4 | +0.5% |
| Cash at bank and in hand | 54/58 | €139,694 | €73,917 | -€65,777 | -47.1% |
| Deferred charges and accrued income | 490/1 | €6,223 | €11,067 | +€4,844 | +77.8% |
| Total equity and liabilities | 10/49 | €1,186,205 | €1,897,417 | +€711,212 | +60.0% |
| Equity | 10/15 | €955,535 | €1,129,616 | +€174,081 | +18.2% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Capital | 10 | €63,213 | €63,213 | = | 0.0% |
| Issued capital | 100 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €1,359,849 | €1,600,536 | +€240,686 | +17.7% |
| Non-distributable reserves | 130/1 | €6,321 | €6,321 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,321 | €6,321 | = | 0.0% |
| Tax-exempt reserves | 132 | €198,528 | €439,214 | +€240,686 | +121.2% |
| Distributable reserves | 133 | €1,155,000 | €1,155,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€467,527 | -€534,133 | -€66,606 | -14.2% |
| Provisions and deferred taxes | 16 | €66,176 | €146,405 | +€80,229 | +121.2% |
| Deferred taxes | 168 | €66,176 | €146,405 | +€80,229 | +121.2% |
| Amounts payable | 17/49 | €164,494 | €621,397 | +€456,903 | +277.8% |
| Amounts payable after more than one year | 17 | €64,099 | €494,771 | +€430,672 | +671.9% |
| Financial debts | 170/4 | €64,099 | €494,771 | +€430,672 | +671.9% |
| Amounts payable within one year | 42/48 | €100,395 | €126,626 | +€26,231 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €12,431 | €48,421 | +€35,990 | +289.5% |
| Trade debts | 44 | €7,556 | €3,291 | -€4,265 | -56.4% |
| Suppliers | 440/4 | €7,556 | €3,291 | -€4,265 | -56.4% |
| Taxes, remuneration and social security | 45 | €409 | €362 | -€47 | -11.5% |
| Taxes | 450/3 | €409 | €362 | -€47 | -11.5% |
| Other amounts payable | 47/48 | €80,000 | €74,553 | -€5,447 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,183 | €59,463 | -€15,720 | -20.9% |
| Other operating charges | 640/8 | €60,141 | €96,077 | +€35,936 | +59.8% |
| Gross operating margin | 9900 | €388,613 | €425,800 | +€37,187 | +9.6% |
| Operating profit (loss) | 9901 | €253,289 | €270,261 | +€16,972 | +6.7% |
| Financial income | 75/76B | €2,472 | €6 | -€2,466 | -99.8% |
| Recurring financial income | 75 | €2,472 | €6 | -€2,466 | -99.8% |
| Financial charges | 65/66B | €5,359 | €15,957 | +€10,599 | +197.8% |
| Recurring financial charges | 65 | €5,359 | €15,957 | +€10,599 | +197.8% |
| Profit (loss) for the period before taxes | 9903 | €250,402 | €254,309 | +€3,907 | +1.6% |
| Transfer from deferred taxes | 780 | - | €484 | +€484 | |
| Transfer to deferred taxes | 680 | €66,176 | €80,713 | +€14,537 | +22.0% |
| Profit (loss) for the period | 9904 | €184,226 | €174,081 | -€10,145 | -5.5% |
| Transfer from tax-exempt reserves | 789 | - | €1,452 | +€1,452 | |
| Transfer to tax-exempt reserves | 689 | €198,528 | €242,138 | +€43,610 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,302 | -€66,606 | -€52,304 | -365.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.