IMMO SPILLIER: 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.
What changed
IMMO SPILLIER
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€112,638
2024 · €70,439-€183,077
Equity
€1.6m
2024 · €1.7m-€112,638
Cash
€7,626
2024 · €8,284-€658
Balance sheet total
€11.6m
2024 · €11.6m+€59,071
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€560,334
up €560,334 (+7.0%), from €8.0m to €8.6m
- Trade debts -€200,549
down €200,549 (-94.2%), from €212,799 to €12,250
- Debts after one year -€184,938
down €184,938 (-13.3%), from €1.4m to €1.2m
Income statement
- Financial charges +€302,519
up €302,519 (+138.7%), from €218,066 to €520,585
- Other operating income +€146,876
up €146,876 (+13.2%), from €1.1m to €1.3m
- Depreciation +€40,259
up €40,259 (+10.0%), from €400,764 to €441,023
- Taxes -€25,533
down €25,533 (-99.3%), from €25,702 to €169
- Staff costs -€13,883
down €13,883 (-11.1%), from €124,710 to €110,827
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.
Result 2024
€70,439
Turnover
-€8,242
Other operating income
+€146,876
Goods and materials
-€13,806
Services and other goods
+€568
Staff costs
+€13,883
Depreciation
-€40,259
Other operating charges
-€2,949
Financial income
-€2,161
Financial charges
-€302,519
Taxes
+€25,533
Result 2025
-€112,638
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.
From operations
+€631,750
Investment
-€447,471
Financing
-€184,938
Cash 2024
€8,284
From operations (derived)
+€631,750
Net result for the year
-€112,638
Depreciation
+€441,023
Receivables within one year
-€53,673
Smaller working-capital items
+€606
Trade debts
-€200,549
Tax, wage and social debts
-€3,353
Other debts
+€560,334
Investment (derived)
-€447,471
Investment in fixed assets (net)
-€447,471
Financing
-€184,938
Debts after one year
-€184,938
Cash 2025
€7,626
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,569,346 | €11,628,417 | +€59,071 | +0.5% |
| Fixed assets | 21/28 | €11,484,488 | €11,490,936 | +€6,448 | +0.1% |
| Tangible fixed assets | 22/27 | €7,290,959 | €7,330,130 | +€39,171 | +0.5% |
| Land and buildings | 22 | €7,065,118 | €6,943,662 | -€121,457 | -1.7% |
| Plant, machinery and equipment | 23 | €8,870 | €170,380 | +€161,510 | +1820.9% |
| Furniture and vehicles | 24 | €211,870 | €144,787 | -€67,082 | -31.7% |
| Assets under construction and advance payments | 27 | €5,101 | €71,301 | +€66,200 | +1297.7% |
| Financial fixed assets | 28 | €4,193,529 | €4,160,806 | -€32,724 | -0.8% |
| Affiliated companies | 280/1 | €4,193,529 | €4,160,806 | -€32,724 | -0.8% |
| Participating interests | 280 | €4,193,529 | €4,160,806 | -€32,724 | -0.8% |
| Current assets | 29/58 | €84,858 | €137,481 | +€52,623 | +62.0% |
| Amounts receivable within one year | 40/41 | €68,890 | €122,563 | +€53,673 | +77.9% |
| Trade receivables | 40 | €66,774 | €120,008 | +€53,233 | +79.7% |
| Other amounts receivable | 41 | €2,116 | €2,555 | +€439 | +20.8% |
| Cash at bank and in hand | 54/58 | €8,284 | €7,626 | -€658 | -7.9% |
| Deferred charges and accrued income | 490/1 | €7,684 | €7,292 | -€392 | -5.1% |
| Total equity and liabilities | 10/49 | €11,569,346 | €11,628,417 | +€59,071 | +0.5% |
| Equity | 10/15 | €1,690,381 | €1,577,743 | -€112,638 | -6.7% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Capital | 10 | €1,450,000 | €1,450,000 | = | 0.0% |
| Issued capital | 100 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €12,019 | €12,019 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,019 | €12,019 | = | 0.0% |
| Legal reserve | 130 | €12,019 | €12,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,362 | €115,724 | -€112,638 | -49.3% |
| Amounts payable | 17/49 | €9,878,966 | €10,050,675 | +€171,709 | +1.7% |
| Amounts payable after more than one year | 17 | €1,387,031 | €1,202,094 | -€184,938 | -13.3% |
| Financial debts | 170/4 | €1,387,031 | €1,202,094 | -€184,938 | -13.3% |
| Credit institutions | 173 | €1,387,031 | €1,202,094 | -€184,938 | -13.3% |
| Amounts payable within one year | 42/48 | €8,489,829 | €8,846,261 | +€356,432 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €184,938 | €184,938 | = | 0.0% |
| Trade debts | 44 | €212,799 | €12,250 | -€200,549 | -94.2% |
| Suppliers | 440/4 | €212,799 | €12,250 | -€200,549 | -94.2% |
| Taxes, remuneration and social security | 45 | €52,427 | €49,074 | -€3,353 | -6.4% |
| Taxes | 450/3 | €34,555 | €36,086 | +€1,532 | +4.4% |
| Remuneration and social security | 454/9 | €17,872 | €12,988 | -€4,884 | -27.3% |
| Other amounts payable | 47/48 | €8,039,666 | €8,600,000 | +€560,334 | +7.0% |
| Accrued charges and deferred income | 492/3 | €2,106 | €2,320 | +€214 | +10.2% |
| Operating income | 70/76A | €1,129,473 | €1,268,107 | +€138,634 | +12.3% |
| Turnover | 70 | €20,282 | €12,039 | -€8,242 | -40.6% |
| Other operating income | 74 | €1,109,191 | €1,256,067 | +€146,876 | +13.2% |
| Operating charges | 60/66A | €825,386 | €867,949 | +€42,564 | +5.2% |
| Goods for resale, raw materials and consumables | 60 | €2,770 | €16,577 | +€13,806 | +498.4% |
| Purchases | 600/8 | €2,770 | €16,577 | +€13,806 | +498.4% |
| Services and other goods | 61 | €209,080 | €208,512 | -€568 | -0.3% |
| Remuneration, social security and pensions | 62 | €124,710 | €110,827 | -€13,883 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400,764 | €441,023 | +€40,259 | +10.0% |
| Other operating charges | 640/8 | €88,061 | €91,010 | +€2,949 | +3.3% |
| Operating profit (loss) | 9901 | €304,087 | €400,158 | +€96,070 | +31.6% |
| Financial income | 75/76B | €10,120 | €7,959 | -€2,161 | -21.4% |
| Recurring financial income | 75 | €10,120 | €7,959 | -€2,161 | -21.4% |
| Income from financial fixed assets | 750 | €8,533 | €7,959 | -€574 | -6.7% |
| Income from current assets | 751 | €0 | - | -€0 | |
| Other financial income | 752/9 | €1,587 | - | -€1,587 | |
| Financial charges | 65/66B | €218,066 | €520,585 | +€302,519 | +138.7% |
| Recurring financial charges | 65 | €218,066 | €520,585 | +€302,519 | +138.7% |
| Debt charges | 650 | €216,819 | €519,376 | +€302,557 | +139.5% |
| Other financial charges | 652/9 | €1,247 | €1,209 | -€37 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €96,141 | -€112,469 | -€208,610 | |
| Income taxes | 67/77 | €25,702 | €169 | -€25,533 | -99.3% |
| Taxes | 670/3 | €25,702 | €169 | -€25,533 | -99.3% |
| Profit (loss) for the period | 9904 | €70,439 | -€112,638 | -€183,077 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,439 | -€112,638 | -€183,077 |
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 12 October 2026 via checked.be.