IMMO SIESTA: 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 SIESTA
Largest movements
- Tangible fixed assets -€104,226
down €104,226 (-2.8%), from €3.7m to €3.6m
- Cash +€70,910
up €70,910 (+235.9%), from €30,056 to €100,966
mainly Net result for the year (+€230,498) and Depreciation (+€104,226)
- Debts after one year -€231,565
down €231,565 (-9.4%), from €2.5m to €2.2m
- Reserves +€230,000
up €230,000 (+139.4%), from €165,000 to €395,000
- Gross operating margin +€63,600
up €63,600 (+14.2%), from €448,083 to €511,682
- Financial charges -€22,088
down €22,088 (-23.7%), from €93,123 to €71,035
- Taxes +€18,687
up €18,687 (+31.9%), from €58,595 to €77,282
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 | €3,768,386 | €3,736,938 | -€31,448 | -0.8% |
| Fixed assets | 21/28 | €3,738,330 | €3,634,104 | -€104,226 | -2.8% |
| Tangible fixed assets | 22/27 | €3,738,330 | €3,634,104 | -€104,226 | -2.8% |
| Land and buildings | 22 | €3,738,330 | €3,634,104 | -€104,226 | -2.8% |
| Current assets | 29/58 | €30,056 | €102,835 | +€72,778 | +242.1% |
| Amounts receivable within one year | 40/41 | - | €1,868 | +€1,868 | |
| Trade receivables | 40 | - | €1,868 | +€1,868 | |
| Cash at bank and in hand | 54/58 | €30,056 | €100,966 | +€70,910 | +235.9% |
| Total equity and liabilities | 10/49 | €3,768,386 | €3,736,938 | -€31,448 | -0.8% |
| Equity | 10/15 | €569,858 | €800,356 | +€230,498 | +40.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €165,000 | €395,000 | +€230,000 | +139.4% |
| Distributable reserves | 133 | €165,000 | €395,000 | +€230,000 | +139.4% |
| Profit (loss) carried forward | 14 | €4,858 | €5,356 | +€498 | +10.2% |
| Amounts payable | 17/49 | €3,198,528 | €2,936,583 | -€261,946 | -8.2% |
| Amounts payable after more than one year | 17 | €2,467,388 | €2,235,822 | -€231,565 | -9.4% |
| Financial debts | 170/4 | €2,467,388 | €2,235,822 | -€231,565 | -9.4% |
| Amounts payable within one year | 42/48 | €708,186 | €677,817 | -€30,369 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €227,460 | €231,565 | +€4,105 | +1.8% |
| Trade debts | 44 | €2,076 | €1,758 | -€318 | -15.3% |
| Suppliers | 440/4 | €2,076 | €1,758 | -€318 | -15.3% |
| Taxes, remuneration and social security | 45 | €21,125 | €19,417 | -€1,708 | -8.1% |
| Taxes | 450/3 | €21,125 | €19,417 | -€1,708 | -8.1% |
| Other amounts payable | 47/48 | €457,524 | €425,076 | -€32,448 | -7.1% |
| Accrued charges and deferred income | 492/3 | €22,955 | €22,943 | -€11 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,226 | €104,226 | = | 0.0% |
| Other operating charges | 640/8 | €24,697 | €28,642 | +€3,945 | +16.0% |
| Gross operating margin | 9900 | €448,083 | €511,682 | +€63,600 | +14.2% |
| Operating profit (loss) | 9901 | €319,160 | €378,815 | +€59,655 | +18.7% |
| Financial charges | 65/66B | €93,123 | €71,035 | -€22,088 | -23.7% |
| Recurring financial charges | 65 | €93,123 | €71,035 | -€22,088 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €226,037 | €307,780 | +€81,743 | +36.2% |
| Income taxes | 67/77 | €58,595 | €77,282 | +€18,687 | +31.9% |
| Profit (loss) for the period | 9904 | €167,442 | €230,498 | +€63,056 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €167,442 | €230,498 | +€63,056 | +37.7% |
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 9 October 2026 via checked.be.