IMMO TALLY: 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 TALLY
Largest movements
- Current investments +€146,892
up €146,892 (+150.6%), from €97,543 to €244,435
- Tangible fixed assets -€31,901
down €31,901 (-6.7%), from €476,406 to €444,505
of which Land and buildings: -€18,401
- Reserves +€353,968
up €353,968 (+51.1%), from €693,331 to €1.0m
of which Distributable reserves: +€355,828
- Profit (loss) carried forward -€235,748
down €235,748 (-100.0%), from €235,748 to €0
- Advances received -€32,950
down €32,950 (-23.7%), from €139,300 to €106,350
- Gross operating margin +€39,443
up €39,443 (+27.9%), from €141,454 to €180,898
- Financial income +€26,413
up €26,413 (+726.3%), from €3,637 to €30,049
- Taxes +€19,149
up €19,149 (+61.0%), from €31,373 to €50,521
- Financial charges +€2,445
up €2,445 (+124.5%), from €1,964 to €4,408
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 | €1,226,813 | €1,318,268 | +€91,456 | +7.5% |
| Fixed assets | 21/28 | €476,406 | €444,505 | -€31,901 | -6.7% |
| Tangible fixed assets | 22/27 | €476,406 | €444,505 | -€31,901 | -6.7% |
| Land and buildings | 22 | €443,168 | €424,767 | -€18,401 | -4.2% |
| Plant, machinery and equipment | 23 | €5,486 | €3,913 | -€1,573 | -28.7% |
| Furniture and vehicles | 24 | €27,753 | €15,825 | -€11,928 | -43.0% |
| Current assets | 29/58 | €750,407 | €873,764 | +€123,357 | +16.4% |
| Amounts receivable within one year | 40/41 | €26,503 | €15,343 | -€11,160 | -42.1% |
| Trade receivables | 40 | €26,404 | €15,343 | -€11,060 | -41.9% |
| Other amounts receivable | 41 | €99 | €0 | -€99 | -100.0% |
| Current investments | 50/53 | €97,543 | €244,435 | +€146,892 | +150.6% |
| Cash at bank and in hand | 54/58 | €622,790 | €610,178 | -€12,612 | -2.0% |
| Deferred charges and accrued income | 490/1 | €3,571 | €3,807 | +€236 | +6.6% |
| Total equity and liabilities | 10/49 | €1,226,813 | €1,318,268 | +€91,456 | +7.5% |
| Equity | 10/15 | €944,079 | €1,062,299 | +€118,220 | +12.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €693,331 | €1,047,299 | +€353,968 | +51.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €691,471 | €1,047,299 | +€355,828 | +51.5% |
| Profit (loss) carried forward | 14 | €235,748 | €0 | -€235,748 | -100.0% |
| Amounts payable | 17/49 | €282,734 | €255,970 | -€26,764 | -9.5% |
| Amounts payable within one year | 42/48 | €281,688 | €254,940 | -€26,747 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €13,029 | €8,995 | -€4,034 | -31.0% |
| Suppliers | 440/4 | €13,029 | €8,995 | -€4,034 | -31.0% |
| Advances received on contracts in progress | 46 | €139,300 | €106,350 | -€32,950 | -23.7% |
| Taxes, remuneration and social security | 45 | €38,171 | €50,861 | +€12,690 | +33.2% |
| Taxes | 450/3 | €34,671 | €47,361 | +€12,690 | +36.6% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €91,187 | €88,734 | -€2,453 | -2.7% |
| Accrued charges and deferred income | 492/3 | €1,046 | €1,030 | -€16 | -1.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,768 | €31,901 | -€867 | -2.6% |
| Other operating charges | 640/8 | €3,789 | €4,253 | +€465 | +12.3% |
| Gross operating margin | 9900 | €141,454 | €180,898 | +€39,443 | +27.9% |
| Operating profit (loss) | 9901 | €104,898 | €144,743 | +€39,845 | +38.0% |
| Financial income | 75/76B | €3,637 | €30,049 | +€26,413 | +726.3% |
| Recurring financial income | 75 | €3,637 | €30,049 | +€26,413 | +726.3% |
| Financial charges | 65/66B | €1,964 | €4,408 | +€2,445 | +124.5% |
| Recurring financial charges | 65 | €1,964 | €4,408 | +€2,445 | +124.5% |
| Profit (loss) for the period before taxes | 9903 | €106,571 | €170,384 | +€63,813 | +59.9% |
| Income taxes | 67/77 | €31,373 | €50,521 | +€19,149 | +61.0% |
| Profit (loss) for the period | 9904 | €75,198 | €119,863 | +€44,665 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,198 | €119,863 | +€44,665 | +59.4% |
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 4 October 2026 via checked.be.