IMMO TALM: 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 TALM
Largest movements
- Receivables within one year +€27,000
new in 2025: €27,000
- Cash -€24,889
down €24,889 (-77.1%), from €32,289 to €7,400
mainly Receivables within one year (-€27,000) and Net result for the year (-€7,923)
- Other debts +€12,232
up €12,232 (+17.6%), from €69,696 to €81,928
- Profit (loss) carried forward -€7,923
down €7,923 (-85.1%), from -€9,310 to -€17,233
- Debts after one year -€4,813
down €4,813 (-5.8%), from €82,652 to €77,839
- Trade debts +€3,140
up €3,140 (+11045.0%), from €28 to €3,169
- Gross operating margin -€21,791
down €21,791 (-81.4%), from €26,754 to €4,963
- Depreciation -€17,708
down €17,708 (-73.2%), from €24,184 to €6,476
- Other operating charges -€4,127
down €4,127 (-66.5%), from €6,202 to €2,075
- Financial charges -€1,343
down €1,343 (-23.7%), from €5,678 to €4,335
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 | €172,648 | €175,516 | +€2,868 | +1.7% |
| Fixed assets | 21/28 | €140,359 | €141,115 | +€757 | +0.5% |
| Tangible fixed assets | 22/27 | €140,359 | €141,115 | +€757 | +0.5% |
| Land and buildings | 22 | €140,359 | €141,115 | +€757 | +0.5% |
| Current assets | 29/58 | €32,289 | €34,400 | +€2,111 | +6.5% |
| Amounts receivable within one year | 40/41 | - | €27,000 | +€27,000 | |
| Trade receivables | 40 | - | €27,000 | +€27,000 | |
| Cash at bank and in hand | 54/58 | €32,289 | €7,400 | -€24,889 | -77.1% |
| Total equity and liabilities | 10/49 | €172,648 | €175,516 | +€2,868 | +1.7% |
| Equity | 10/15 | €15,690 | €7,767 | -€7,923 | -50.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,310 | -€17,233 | -€7,923 | -85.1% |
| Amounts payable | 17/49 | €156,958 | €167,749 | +€10,791 | +6.9% |
| Amounts payable after more than one year | 17 | €82,652 | €77,839 | -€4,813 | -5.8% |
| Financial debts | 170/4 | €82,652 | €77,839 | -€4,813 | -5.8% |
| Amounts payable within one year | 42/48 | €74,305 | €89,909 | +€15,604 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €4,581 | €4,813 | +€232 | +5.1% |
| Trade debts | 44 | €28 | €3,169 | +€3,140 | +11045.0% |
| Suppliers | 440/4 | €28 | €3,169 | +€3,140 | +11045.0% |
| Other amounts payable | 47/48 | €69,696 | €81,928 | +€12,232 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,184 | €6,476 | -€17,708 | -73.2% |
| Other operating charges | 640/8 | €6,202 | €2,075 | -€4,127 | -66.5% |
| Gross operating margin | 9900 | €26,754 | €4,963 | -€21,791 | -81.4% |
| Operating profit (loss) | 9901 | -€3,632 | -€3,589 | +€43 | +1.2% |
| Financial charges | 65/66B | €5,678 | €4,335 | -€1,343 | -23.7% |
| Recurring financial charges | 65 | €5,678 | €4,335 | -€1,343 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,310 | -€7,923 | +€1,386 | +14.9% |
| Profit (loss) for the period | 9904 | -€9,310 | -€7,923 | +€1,386 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,310 | -€7,923 | +€1,386 | +14.9% |
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 30 September 2026 via checked.be.