IMMO ROTTIERS: 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 ROTTIERS
Largest movements
- Tangible fixed assets +€339,459
up €339,459 (+37.1%), from €913,861 to €1.3m
of which Land and buildings: +€391,622
- Cash +€222,171
up €222,171 (+118%), from €187,674 to €409,846
mainly Debts after one year (+€243,044) and Net result for the year (+€203,471)
- Receivables within one year -€90,953
down €90,953 (-95.1%), from €95,645 to €4,692
of which Trade receivables: -€90,913
- Debts after one year +€243,044
up €243,044 (+35.1%), from €692,747 to €935,791
- Reserves +€203,471
up €203,471 (+52.0%), from €391,392 to €594,864
- Tax, wage and social debts +€19,903
up €19,903 (+42.5%), from €46,826 to €66,729
of which Taxes: +€18,726
- Gross operating margin +€144,635
up €144,635 (+45.1%), from €320,629 to €465,264
- Taxes +€33,157
up €33,157 (+49.8%), from €66,603 to €99,760
- Depreciation +€20,303
up €20,303 (+37.9%), from €53,571 to €73,874
- Financial charges +€12,860
up €12,860 (+45.4%), from €28,299 to €41,159
- Staff costs +€6,584
up €6,584 (+17.0%), from €38,772 to €45,357
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 | €1,201,187 | €1,674,004 | +€472,817 | +39.4% |
| Fixed assets | 21/28 | €915,057 | €1,254,093 | +€339,035 | +37.1% |
| Intangible fixed assets | 21 | €1,196 | €773 | -€424 | -35.4% |
| Tangible fixed assets | 22/27 | €913,861 | €1,253,320 | +€339,459 | +37.1% |
| Land and buildings | 22 | €128,008 | €519,630 | +€391,622 | +306% |
| Plant, machinery and equipment | 23 | €24,509 | €21,145 | -€3,364 | -13.7% |
| Furniture and vehicles | 24 | €54,460 | €34,883 | -€19,577 | -35.9% |
| Leasing and similar rights | 25 | €672,738 | €644,897 | -€27,841 | -4.1% |
| Other tangible fixed assets | 26 | €34,147 | €32,765 | -€1,382 | -4.0% |
| Current assets | 29/58 | €286,130 | €419,912 | +€133,782 | +46.8% |
| Amounts receivable within one year | 40/41 | €95,645 | €4,692 | -€90,953 | -95.1% |
| Trade receivables | 40 | €95,572 | €4,659 | -€90,913 | -95.1% |
| Other amounts receivable | 41 | €73 | €33 | -€40 | -54.4% |
| Cash at bank and in hand | 54/58 | €187,674 | €409,846 | +€222,171 | +118% |
| Deferred charges and accrued income | 490/1 | €2,811 | €5,374 | +€2,563 | +91.2% |
| Total equity and liabilities | 10/49 | €1,201,187 | €1,674,004 | +€472,817 | +39.4% |
| Equity | 10/15 | €413,392 | €616,864 | +€203,471 | +49.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €391,392 | €594,864 | +€203,471 | +52.0% |
| Distributable reserves | 133 | €391,392 | €594,864 | +€203,471 | +52.0% |
| Amounts payable | 17/49 | €787,795 | €1,057,140 | +€269,346 | +34.2% |
| Amounts payable after more than one year | 17 | €692,747 | €935,791 | +€243,044 | +35.1% |
| Financial debts | 170/4 | €692,747 | €935,791 | +€243,044 | +35.1% |
| Amounts payable within one year | 42/48 | €95,047 | €121,349 | +€26,302 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €29,079 | €43,333 | +€14,254 | +49.0% |
| Trade debts | 44 | €19,142 | €11,287 | -€7,855 | -41.0% |
| Suppliers | 440/4 | €19,142 | €11,287 | -€7,855 | -41.0% |
| Taxes, remuneration and social security | 45 | €46,826 | €66,729 | +€19,903 | +42.5% |
| Taxes | 450/3 | €42,205 | €60,931 | +€18,726 | +44.4% |
| Remuneration and social security | 454/9 | €4,621 | €5,798 | +€1,177 | +25.5% |
| Non-recurring operating income | 76A | - | €2,740 | +€2,740 | |
| Remuneration, social security and pensions | 62 | €38,772 | €45,357 | +€6,584 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,571 | €73,874 | +€20,303 | +37.9% |
| Other operating charges | 640/8 | €5,291 | €3,481 | -€1,810 | -34.2% |
| Gross operating margin | 9900 | €320,629 | €465,264 | +€144,635 | +45.1% |
| Operating profit (loss) | 9901 | €222,995 | €342,552 | +€119,557 | +53.6% |
| Financial income | 75/76B | €1,856 | €1,838 | -€18 | -1.0% |
| Recurring financial income | 75 | €1,856 | €1,838 | -€18 | -1.0% |
| Financial charges | 65/66B | €28,299 | €41,159 | +€12,860 | +45.4% |
| Recurring financial charges | 65 | €28,299 | €41,159 | +€12,860 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €196,552 | €303,231 | +€106,679 | +54.3% |
| Income taxes | 67/77 | €66,603 | €99,760 | +€33,157 | +49.8% |
| Profit (loss) for the period | 9904 | €129,950 | €203,471 | +€73,522 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,950 | €203,471 | +€73,522 | +56.6% |
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 24 October 2026 via checked.be.