IMMO ROYALE: 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 ROYALE
Largest movements
- Receivables within one year +€6,187
up €6,187 (+3.6%), from €169,579 to €175,766
of which Trade receivables: +€3,267
- Cash +€3,065
up €3,065 (+1451.3%), from €211 to €3,276
mainly Net result for the year (+€8,517) and Tax, wage and social debts (+€5,012)
- Profit (loss) carried forward +€8,517
up €8,517 (+16.2%), from €52,603 to €61,120
- Tax, wage and social debts +€5,012
up €5,012 (+2160.6%), from €232 to €5,244
- Other debts -€4,338
down €4,338 (-12.7%), from €34,230 to €29,892
- Gross operating margin +€10,152
up €10,152 (+532.9%), from €1,905 to €12,057
- Taxes +€1,145
up €1,145 (+58.6%), from €1,955 to €3,101
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 | €169,790 | €179,042 | +€9,252 | +5.4% |
| Current assets | 29/58 | €169,790 | €179,042 | +€9,252 | +5.4% |
| Amounts receivable within one year | 40/41 | €169,579 | €175,766 | +€6,187 | +3.6% |
| Trade receivables | 40 | - | €3,267 | +€3,267 | |
| Other amounts receivable | 41 | €169,579 | €172,499 | +€2,920 | +1.7% |
| Cash at bank and in hand | 54/58 | €211 | €3,276 | +€3,065 | +1451.3% |
| Total equity and liabilities | 10/49 | €169,790 | €179,042 | +€9,252 | +5.4% |
| Equity | 10/15 | €134,408 | €142,925 | +€8,517 | +6.3% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,603 | €61,120 | +€8,517 | +16.2% |
| Amounts payable | 17/49 | €35,382 | €36,117 | +€735 | +2.1% |
| Amounts payable within one year | 42/48 | €35,318 | €36,117 | +€798 | +2.3% |
| Trade debts | 44 | €857 | €981 | +€124 | +14.5% |
| Suppliers | 440/4 | €857 | €981 | +€124 | +14.5% |
| Taxes, remuneration and social security | 45 | €232 | €5,244 | +€5,012 | +2160.6% |
| Taxes | 450/3 | €232 | €5,244 | +€5,012 | +2160.6% |
| Other amounts payable | 47/48 | €34,230 | €29,892 | -€4,338 | -12.7% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Other operating charges | 640/8 | €387 | €410 | +€22 | +5.7% |
| Gross operating margin | 9900 | €1,905 | €12,057 | +€10,152 | +532.9% |
| Operating profit (loss) | 9901 | €1,518 | €11,647 | +€10,130 | +667.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €53 | €29 | -€23 | -44.0% |
| Recurring financial charges | 65 | €53 | €29 | -€23 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €1,466 | €11,618 | +€10,152 | +692.4% |
| Income taxes | 67/77 | €1,955 | €3,101 | +€1,145 | +58.6% |
| Profit (loss) for the period | 9904 | -€489 | €8,517 | +€9,007 | |
| Profit (loss) for the period to be appropriated | 9905 | -€489 | €8,517 | +€9,007 |
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 6 October 2026 via checked.be.