IMMO SCLAGE: 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 SCLAGE
Largest movements
- Receivables within one year +€46,246
up €46,246 (+1113.2%), from €4,154 to €50,400
of which Other amounts receivable: +€46,246
- Tangible fixed assets -€43,678
down €43,678 (-2.6%), from €1.7m to €1.6m
- Debts after one year +€130,305
up €130,305 (+15.3%), from €852,000 to €982,305
of which Financial debts: +€130,305
- Reserves -€81,719
down €81,719 (-52.0%), from €157,298 to €75,580
of which Distributable reserves: -€81,719
- Other debts -€58,281
down €58,281 (-41.6%), from €140,000 to €81,719
- Accrued charges and deferred income +€18,865
up €18,865 (+89.3%), from €21,128 to €39,992
- Gross operating margin +€33,539
up €33,539 (+37.4%), from €89,660 to €123,199
- Financial charges +€6,712
up €6,712 (+17.9%), from €37,408 to €44,119
- Depreciation +€6,047
up €6,047 (+11.3%), from €53,461 to €59,508
- Other operating charges +€1,268
up €1,268 (+4.4%), from €28,697 to €29,965
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 | €1,716,467 | €1,709,345 | -€7,123 | -0.4% |
| Fixed assets | 21/28 | €1,682,327 | €1,638,649 | -€43,678 | -2.6% |
| Tangible fixed assets | 22/27 | €1,682,327 | €1,638,649 | -€43,678 | -2.6% |
| Land and buildings | 22 | €1,682,327 | €1,638,649 | -€43,678 | -2.6% |
| Current assets | 29/58 | €34,141 | €70,696 | +€36,555 | +107.1% |
| Amounts receivable within one year | 40/41 | €4,154 | €50,400 | +€46,246 | +1113.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,154 | €50,400 | +€46,246 | +1113.2% |
| Cash at bank and in hand | 54/58 | €23,937 | €12,416 | -€11,522 | -48.1% |
| Deferred charges and accrued income | 490/1 | €6,049 | €7,880 | +€1,831 | +30.3% |
| Total equity and liabilities | 10/49 | €1,716,467 | €1,709,345 | -€7,123 | -0.4% |
| Equity | 10/15 | €674,478 | €582,767 | -€91,711 | -13.6% |
| Contributions | 10/11 | €475,000 | €475,000 | = | 0.0% |
| Capital | 10 | €475,000 | €475,000 | = | 0.0% |
| Issued capital | 100 | €475,000 | €475,000 | = | 0.0% |
| Reserves | 13 | €157,298 | €75,580 | -€81,719 | -52.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €149,798 | €68,080 | -€81,719 | -54.6% |
| Profit (loss) carried forward | 14 | €42,180 | €32,187 | -€9,993 | -23.7% |
| Amounts payable | 17/49 | €1,041,989 | €1,126,578 | +€84,589 | +8.1% |
| Amounts payable after more than one year | 17 | €852,000 | €982,305 | +€130,305 | +15.3% |
| Financial debts | 170/4 | €846,480 | €976,785 | +€130,305 | +15.4% |
| Other amounts payable | 178/9 | €5,520 | €5,520 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,861 | €104,281 | -€64,581 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €10,678 | €11,073 | +€395 | +3.7% |
| Trade debts | 44 | €7,135 | €11,489 | +€4,353 | +61.0% |
| Suppliers | 440/4 | €7,135 | €11,489 | +€4,353 | +61.0% |
| Taxes, remuneration and social security | 45 | €11,048 | €0 | -€11,048 | -100.0% |
| Taxes | 450/3 | €11,048 | €0 | -€11,048 | -100.0% |
| Other amounts payable | 47/48 | €140,000 | €81,719 | -€58,281 | -41.6% |
| Accrued charges and deferred income | 492/3 | €21,128 | €39,992 | +€18,865 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,461 | €59,508 | +€6,047 | +11.3% |
| Other operating charges | 640/8 | €28,697 | €29,965 | +€1,268 | +4.4% |
| Gross operating margin | 9900 | €89,660 | €123,199 | +€33,539 | +37.4% |
| Operating profit (loss) | 9901 | €7,502 | €33,726 | +€26,224 | +349.6% |
| Financial income | 75/76B | - | €401 | +€401 | |
| Recurring financial income | 75 | - | €401 | +€401 | |
| Financial charges | 65/66B | €37,408 | €44,119 | +€6,712 | +17.9% |
| Recurring financial charges | 65 | €37,408 | €44,119 | +€6,712 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,906 | -€9,993 | +€19,913 | +66.6% |
| Income taxes | 67/77 | -€13 | €0 | +€13 | |
| Profit (loss) for the period | 9904 | -€29,893 | -€9,993 | +€19,900 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,893 | -€9,993 | +€19,900 | +66.6% |
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 8 October 2026 via checked.be.