Immo Silke: 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 Silke
Largest movements
- Tangible fixed assets -€21,807
down €21,807 (-3.8%), from €570,526 to €548,718
- Reserves -€16,933
down €16,933 (-7.0%), from €241,262 to €224,329
of which Distributable reserves: -€16,933
- Other debts +€16,838
up €16,838 (+49.3%), from €34,155 to €50,993
- Debts after one year -€13,893
down €13,893 (-3.6%), from €391,110 to €377,217
of which Financial debts: -€13,893
- Financial charges -€2,994
down €2,994 (-11.4%), from €26,317 to €23,323
- Financial income -€2,550
down €2,550 (-45.1%), from €5,653 to €3,103
- Gross operating margin +€1,787
up €1,787 (+5.7%), from €31,298 to €33,086
- Depreciation -€1,100
down €1,100 (-4.8%), from €22,907 to €21,807
- Other operating charges +€674
up €674 (+9.2%), from €7,317 to €7,991
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 | €941,397 | €924,851 | -€16,546 | -1.8% |
| Fixed assets | 21/28 | €570,526 | €548,718 | -€21,807 | -3.8% |
| Tangible fixed assets | 22/27 | €570,526 | €548,718 | -€21,807 | -3.8% |
| Land and buildings | 22 | €570,526 | €548,718 | -€21,807 | -3.8% |
| Current assets | 29/58 | €370,871 | €376,133 | +€5,261 | +1.4% |
| Amounts receivable within one year | 40/41 | €3,608 | €2,567 | -€1,041 | -28.9% |
| Other amounts receivable | 41 | €3,608 | €2,567 | -€1,041 | -28.9% |
| Current investments | 50/53 | €352,086 | €358,307 | +€6,221 | +1.8% |
| Cash at bank and in hand | 54/58 | €14,936 | €15,120 | +€184 | +1.2% |
| Deferred charges and accrued income | 490/1 | €242 | €139 | -€103 | -42.5% |
| Total equity and liabilities | 10/49 | €941,397 | €924,851 | -€16,546 | -1.8% |
| Equity | 10/15 | €478,236 | €461,303 | -€16,933 | -3.5% |
| Contributions | 10/11 | €236,973 | €236,973 | = | 0.0% |
| Capital | 10 | €236,973 | €236,973 | = | 0.0% |
| Issued capital | 100 | €236,973 | €236,973 | = | 0.0% |
| Reserves | 13 | €241,262 | €224,329 | -€16,933 | -7.0% |
| Non-distributable reserves | 130/1 | €10,043 | €10,043 | = | 0.0% |
| Legal reserve | 130 | €10,043 | €10,043 | = | 0.0% |
| Distributable reserves | 133 | €231,220 | €214,287 | -€16,933 | -7.3% |
| Amounts payable | 17/49 | €463,161 | €463,548 | +€387 | +0.1% |
| Amounts payable after more than one year | 17 | €391,110 | €377,217 | -€13,893 | -3.6% |
| Financial debts | 170/4 | €91,110 | €77,217 | -€13,893 | -15.2% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,210 | €71,463 | +€16,254 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €13,643 | €13,893 | +€250 | +1.8% |
| Trade debts | 44 | €194 | €206 | +€12 | +6.3% |
| Suppliers | 440/4 | €194 | €206 | +€12 | +6.3% |
| Taxes, remuneration and social security | 45 | €7,218 | €6,372 | -€846 | -11.7% |
| Taxes | 450/3 | €7,218 | €6,372 | -€846 | -11.7% |
| Other amounts payable | 47/48 | €34,155 | €50,993 | +€16,838 | +49.3% |
| Accrued charges and deferred income | 492/3 | €16,842 | €14,868 | -€1,974 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,907 | €21,807 | -€1,100 | -4.8% |
| Other operating charges | 640/8 | €7,317 | €7,991 | +€674 | +9.2% |
| Gross operating margin | 9900 | €31,298 | €33,086 | +€1,787 | +5.7% |
| Operating profit (loss) | 9901 | €1,073 | €3,287 | +€2,214 | +206.2% |
| Financial income | 75/76B | €5,653 | €3,103 | -€2,550 | -45.1% |
| Recurring financial income | 75 | €5,653 | €3,103 | -€2,550 | -45.1% |
| Financial charges | 65/66B | €26,317 | €23,323 | -€2,994 | -11.4% |
| Recurring financial charges | 65 | €26,317 | €23,323 | -€2,994 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,591 | -€16,933 | +€2,658 | +13.6% |
| Profit (loss) for the period | 9904 | -€19,591 | -€16,933 | +€2,658 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,591 | -€16,933 | +€2,658 | +13.6% |
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 9 October 2026 via checked.be.