IMMO3L: 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.
IMMO3L
Largest movements
- Tangible fixed assets -€32,458
down €32,458 (-4.1%), from €798,059 to €765,602
of which Land and buildings: -€30,945
- Debts after one year -€73,828
down €73,828 (-9.3%), from €796,499 to €722,671
of which Financial debts: -€73,828
- Other debts +€18,399
up €18,399 (+48.0%), from €38,300 to €56,699
- Profit (loss) carried forward +€10,913
up €10,913 (+9.4%), from -€116,459 to -€105,545
- Gross operating margin -€8,460
down €8,460 (-11.1%), from €75,956 to €67,495
- Financial charges -€3,442
down €3,442 (-20.5%), from €16,824 to €13,381
- Depreciation -€1,148
down €1,148 (-3.4%), from €33,605 to €32,458
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 | €818,750 | €775,324 | -€43,426 | -5.3% |
| Fixed assets | 21/28 | €798,059 | €765,602 | -€32,458 | -4.1% |
| Tangible fixed assets | 22/27 | €798,059 | €765,602 | -€32,458 | -4.1% |
| Land and buildings | 22 | €795,892 | €764,947 | -€30,945 | -3.9% |
| Plant, machinery and equipment | 23 | €2,167 | €655 | -€1,512 | -69.8% |
| Current assets | 29/58 | €20,690 | €9,722 | -€10,968 | -53.0% |
| Amounts receivable after more than one year | 29 | €7,792 | - | -€7,792 | |
| Other amounts receivable | 291 | €7,792 | - | -€7,792 | |
| Amounts receivable within one year | 40/41 | €9,069 | €9,155 | +€86 | +1.0% |
| Trade receivables | 40 | €1,001 | €2,056 | +€1,055 | +105.4% |
| Other amounts receivable | 41 | €8,068 | €7,099 | -€969 | -12.0% |
| Cash at bank and in hand | 54/58 | €3,289 | - | -€3,289 | |
| Deferred charges and accrued income | 490/1 | €540 | €567 | +€27 | +4.9% |
| Total equity and liabilities | 10/49 | €818,750 | €775,324 | -€43,426 | -5.3% |
| Equity | 10/15 | -€91,459 | -€80,545 | +€10,913 | +11.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,459 | -€105,545 | +€10,913 | +9.4% |
| Amounts payable | 17/49 | €910,208 | €855,870 | -€54,339 | -6.0% |
| Amounts payable after more than one year | 17 | €796,499 | €722,671 | -€73,828 | -9.3% |
| Financial debts | 170/4 | €246,499 | €172,671 | -€73,828 | -30.0% |
| Other amounts payable | 178/9 | €550,000 | €550,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €113,010 | €133,163 | +€20,154 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €74,554 | €73,828 | -€726 | -1.0% |
| Financial debts | 43 | - | €1,517 | +€1,517 | |
| Credit institutions | 430/8 | - | €1,517 | +€1,517 | |
| Trade debts | 44 | - | €814 | +€814 | |
| Suppliers | 440/4 | - | €814 | +€814 | |
| Taxes, remuneration and social security | 45 | €155 | €305 | +€150 | +96.5% |
| Taxes | 450/3 | €155 | €305 | +€150 | +96.5% |
| Other amounts payable | 47/48 | €38,300 | €56,699 | +€18,399 | +48.0% |
| Accrued charges and deferred income | 492/3 | €700 | €35 | -€665 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,605 | €32,458 | -€1,148 | -3.4% |
| Other operating charges | 640/8 | €11,800 | €11,260 | -€541 | -4.6% |
| Gross operating margin | 9900 | €75,956 | €67,495 | -€8,460 | -11.1% |
| Operating profit (loss) | 9901 | €30,550 | €23,778 | -€6,772 | -22.2% |
| Financial income | 75/76B | €1,094 | €666 | -€428 | -39.1% |
| Recurring financial income | 75 | €1,094 | €666 | -€428 | -39.1% |
| Financial charges | 65/66B | €16,824 | €13,381 | -€3,442 | -20.5% |
| Recurring financial charges | 65 | €16,824 | €13,381 | -€3,442 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €14,821 | €11,063 | -€3,758 | -25.4% |
| Income taxes | 67/77 | €155 | €150 | -€5 | -3.5% |
| Profit (loss) for the period | 9904 | €14,665 | €10,913 | -€3,752 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,665 | €10,913 | -€3,752 | -25.6% |
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 7 October 2026 via checked.be.