Immo Slina: 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 Slina
Largest movements
- Cash +€240,857
up €240,857 (+59.9%), from €402,022 to €642,878
mainly Depreciation (+€381,702) and Other debts (+€250,000)
- Tangible fixed assets -€226,120
down €226,120 (-3.2%), from €7.2m to €7.0m
of which Land and buildings: -€203,783
- Debts after one year -€478,983
down €478,983 (-8.2%), from €5.9m to €5.4m
of which Financial debts: -€364,481
- Other debts +€250,000
up €250,000 (+82,645%), from €303 to €250,303
- Profit (loss) carried forward +€133,619
up €133,619 (+9.8%), from €1.4m to €1.5m
- Gross operating margin -€128,708
down €128,708 (-15.1%), from €854,204 to €725,496
- Taxes -€29,291
down €29,291 (-36.6%), from €80,119 to €50,828
- Financial charges -€15,046
down €15,046 (-8.8%), from €170,236 to €155,191
- Other operating charges -€13,345
down €13,345 (-40.6%), from €32,851 to €19,506
- Depreciation +€9,374
up €9,374 (+2.5%), from €372,327 to €381,702
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 | €8,374,936 | €8,354,990 | -€19,947 | -0.2% |
| Fixed assets | 21/28 | €7,205,768 | €6,979,649 | -€226,120 | -3.1% |
| Tangible fixed assets | 22/27 | €7,176,215 | €6,950,095 | -€226,120 | -3.2% |
| Land and buildings | 22 | €7,106,154 | €6,902,371 | -€203,783 | -2.9% |
| Plant, machinery and equipment | 23 | €46,594 | €36,241 | -€10,353 | -22.2% |
| Furniture and vehicles | 24 | €23,467 | €11,483 | -€11,984 | -51.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €29,553 | €29,553 | = | 0.0% |
| Current assets | 29/58 | €1,169,168 | €1,375,341 | +€206,173 | +17.6% |
| Amounts receivable within one year | 40/41 | €717,372 | €707,434 | -€9,938 | -1.4% |
| Trade receivables | 40 | €26,011 | €36,684 | +€10,674 | +41.0% |
| Other amounts receivable | 41 | €691,361 | €670,750 | -€20,612 | -3.0% |
| Current investments | 50/53 | €97 | €97 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €402,022 | €642,878 | +€240,857 | +59.9% |
| Deferred charges and accrued income | 490/1 | €49,677 | €24,932 | -€24,746 | -49.8% |
| Total equity and liabilities | 10/49 | €8,374,936 | €8,354,990 | -€19,947 | -0.2% |
| Equity | 10/15 | €1,965,714 | €2,097,766 | +€132,052 | +6.7% |
| Contributions | 10/11 | €311,973 | €311,973 | = | 0.0% |
| Capital | 10 | €311,973 | €311,973 | = | 0.0% |
| Issued capital | 100 | €311,973 | €311,973 | = | 0.0% |
| Reserves | 13 | €282,042 | €282,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,197 | €31,197 | = | 0.0% |
| Legal reserve | 130 | €31,197 | €31,197 | = | 0.0% |
| Distributable reserves | 133 | €250,844 | €250,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,357,597 | €1,491,215 | +€133,619 | +9.8% |
| Investment grants | 15 | €14,102 | €12,535 | -€1,567 | -11.1% |
| Amounts payable | 17/49 | €6,409,223 | €6,257,224 | -€151,998 | -2.4% |
| Amounts payable after more than one year | 17 | €5,868,544 | €5,389,560 | -€478,983 | -8.2% |
| Financial debts | 170/4 | €3,741,480 | €3,376,999 | -€364,481 | -9.7% |
| Other amounts payable | 178/9 | €2,127,063 | €2,012,561 | -€114,502 | -5.4% |
| Amounts payable within one year | 42/48 | €480,766 | €749,976 | +€269,210 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €355,148 | €364,481 | +€9,333 | +2.6% |
| Trade debts | 44 | €79,653 | €74,535 | -€5,119 | -6.4% |
| Suppliers | 440/4 | €79,653 | €74,535 | -€5,119 | -6.4% |
| Taxes, remuneration and social security | 45 | €45,663 | €60,658 | +€14,995 | +32.8% |
| Taxes | 450/3 | €42,663 | €60,658 | +€17,995 | +42.2% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €303 | €250,303 | +€250,000 | +82,645% |
| Accrued charges and deferred income | 492/3 | €59,913 | €117,688 | +€57,775 | +96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372,327 | €381,702 | +€9,374 | +2.5% |
| Other operating charges | 640/8 | €32,851 | €19,506 | -€13,345 | -40.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €854,204 | €725,496 | -€128,708 | -15.1% |
| Operating profit (loss) | 9901 | €449,026 | €324,289 | -€124,737 | -27.8% |
| Financial income | 75/76B | €15,347 | €15,349 | +€2 | 0.0% |
| Recurring financial income | 75 | €15,347 | €15,349 | +€2 | 0.0% |
| Financial charges | 65/66B | €170,236 | €155,191 | -€15,046 | -8.8% |
| Recurring financial charges | 65 | €170,236 | €155,191 | -€15,046 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €294,136 | €184,447 | -€109,690 | -37.3% |
| Income taxes | 67/77 | €80,119 | €50,828 | -€29,291 | -36.6% |
| Profit (loss) for the period | 9904 | €214,018 | €133,619 | -€80,399 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €214,018 | €133,619 | -€80,399 | -37.6% |
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 16 October 2026 via checked.be.