IMMO SANLUX: 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 SANLUX
Largest movements
- Tangible fixed assets -€46,415
down €46,415 (-4.8%), from €962,246 to €915,831
- Cash -€10,278
down €10,278 (-52.6%), from €19,545 to €9,267
mainly Debts after one year (-€67,430) and Receivables within one year (-€6,877)
- Debts after one year -€67,430
down €67,430 (-10.1%), from €666,536 to €599,106
of which Financial debts: -€63,980
- Gross operating margin -€19,926
down €19,926 (-18.8%), from €105,864 to €85,939
- Financial charges +€10,315
up €10,315 (+88.6%), from €11,642 to €21,958
- Taxes -€4,666
down €4,666 (-62.9%), from €7,419 to €2,753
- Other operating charges -€2,957
down €2,957 (-27.2%), from €10,864 to €7,907
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 | €985,036 | €937,664 | -€47,372 | -4.8% |
| Fixed assets | 21/28 | €962,246 | €915,831 | -€46,415 | -4.8% |
| Tangible fixed assets | 22/27 | €962,246 | €915,831 | -€46,415 | -4.8% |
| Land and buildings | 22 | €962,246 | €915,831 | -€46,415 | -4.8% |
| Current assets | 29/58 | €22,790 | €21,833 | -€957 | -4.2% |
| Amounts receivable within one year | 40/41 | €2,490 | €9,366 | +€6,877 | +276% |
| Trade receivables | 40 | €2,490 | €3,366 | +€877 | +35.2% |
| Other amounts receivable | 41 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €19,545 | €9,267 | -€10,278 | -52.6% |
| Deferred charges and accrued income | 490/1 | €756 | €3,200 | +€2,444 | +324% |
| Total equity and liabilities | 10/49 | €985,036 | €937,664 | -€47,372 | -4.8% |
| Equity | 10/15 | €182,634 | €189,960 | +€7,326 | +4.0% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,634 | €84,960 | +€7,326 | +9.4% |
| Amounts payable | 17/49 | €802,402 | €747,704 | -€54,698 | -6.8% |
| Amounts payable after more than one year | 17 | €666,536 | €599,106 | -€67,430 | -10.1% |
| Financial debts | 170/4 | €654,731 | €590,751 | -€63,980 | -9.8% |
| Other amounts payable | 178/9 | €11,805 | €8,355 | -€3,450 | -29.2% |
| Amounts payable within one year | 42/48 | €134,366 | €142,564 | +€8,198 | +6.1% |
| Financial debts | 43 | €63,022 | €63,980 | +€958 | +1.5% |
| Credit institutions | 430/8 | €63,022 | €63,980 | +€958 | +1.5% |
| Trade debts | 44 | €1,682 | €432 | -€1,250 | -74.3% |
| Suppliers | 440/4 | €1,682 | €432 | -€1,250 | -74.3% |
| Taxes, remuneration and social security | 45 | €412 | €2,734 | +€2,322 | +564% |
| Taxes | 450/3 | €412 | €2,734 | +€2,322 | +564% |
| Other amounts payable | 47/48 | €69,250 | €75,418 | +€6,168 | +8.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €6,034 | +€4,534 | +302% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,415 | €46,415 | +€0 | 0.0% |
| Other operating charges | 640/8 | €10,864 | €7,907 | -€2,957 | -27.2% |
| Gross operating margin | 9900 | €105,864 | €85,939 | -€19,926 | -18.8% |
| Operating profit (loss) | 9901 | €48,586 | €31,617 | -€16,969 | -34.9% |
| Financial income | 75/76B | €154 | €421 | +€266 | +173% |
| Recurring financial income | 75 | €154 | €421 | +€266 | +173% |
| Financial charges | 65/66B | €11,642 | €21,958 | +€10,315 | +88.6% |
| Recurring financial charges | 65 | €11,642 | €21,958 | +€10,315 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €37,097 | €10,080 | -€27,018 | -72.8% |
| Income taxes | 67/77 | €7,419 | €2,753 | -€4,666 | -62.9% |
| Profit (loss) for the period | 9904 | €29,678 | €7,326 | -€22,352 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,678 | €7,326 | -€22,352 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.