IMMOBILIA: what changed
What changed
IMMOBILIA
filed annual accounts (NBB)
Net result for the year
€14
2024 · -€13,482+€13,496
Equity
€3.0m
2024 · €3.0m+€14
Cash
€175,523
2024 · €320,864-€145,341
Balance sheet total
€3.3m
2024 · €3.5m-€261,718
Largest movements
Assets
- Cash -€145,341
down €145,341 (-45.3%), from €320,864 to €175,523
mainly Other debts (-€255,993) and Current investments (-€17,675)
- Tangible fixed assets -€131,777
down €131,777 (-4.8%), from €2.7m to €2.6m
of which Land and buildings: -€96,364
Equity and liabilities
- Other debts -€255,993
down €255,993 (-99.2%), from €257,994 to €2,001
Income statement
- Depreciation -€25,442
down €25,442 (-16.2%), from €157,219 to €131,777
- Gross operating margin -€7,063
down €7,063 (-4.5%), from €155,403 to €148,340
- Financial charges -€6,507
down €6,507 (-63.7%), from €10,222 to €3,715
- Taxes +€5,297
up €5,297 (+140%), from €3,785 to €9,081
- Financial income -€1,720
down €1,720 (-13.6%), from €12,615 to €10,895
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,482
Gross operating margin
-€7,063
Depreciation
+€25,442
Other operating charges
-€505
Other operating items
-€3,868
Financial income
-€1,720
Financial charges
+€6,507
Taxes
-€5,297
Result 2025
€14
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€127,666
Investment
-€17,675
Financing
€0
Cash 2024
€320,864
From operations (derived)
-€127,666
Net result for the year
+€14
Depreciation
+€131,777
Receivables within one year
+€614
Deferred charges and accrued income
+€1,662
Provisions
-€7,486
Trade debts
+€3,025
Tax, wage and social debts
+€9,100
Other debts
-€255,993
Accrued charges and deferred income
-€10,379
Investment (derived)
-€17,675
Current investments
-€17,675
Cash 2025
€175,523
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,520,540 | €3,258,822 | -€261,718 | -7.4% |
| Fixed assets | 21/28 | €2,745,247 | €2,613,470 | -€131,777 | -4.8% |
| Tangible fixed assets | 22/27 | €2,745,247 | €2,613,470 | -€131,777 | -4.8% |
| Land and buildings | 22 | €2,502,111 | €2,405,747 | -€96,364 | -3.9% |
| Plant, machinery and equipment | 23 | €8,059 | €5,508 | -€2,551 | -31.7% |
| Furniture and vehicles | 24 | €76,077 | €43,215 | -€32,862 | -43.2% |
| Other tangible fixed assets | 26 | €159,000 | €159,000 | = | 0.0% |
| Current assets | 29/58 | €775,293 | €645,352 | -€129,941 | -16.8% |
| Amounts receivable within one year | 40/41 | €22,403 | €21,789 | -€614 | -2.7% |
| Trade receivables | 40 | €703 | - | -€703 | |
| Other amounts receivable | 41 | €21,700 | €21,789 | +€89 | +0.4% |
| Current investments | 50/53 | €426,896 | €444,571 | +€17,675 | +4.1% |
| Cash at bank and in hand | 54/58 | €320,864 | €175,523 | -€145,341 | -45.3% |
| Deferred charges and accrued income | 490/1 | €5,131 | €3,469 | -€1,662 | -32.4% |
| Total equity and liabilities | 10/49 | €3,520,540 | €3,258,822 | -€261,718 | -7.4% |
| Equity | 10/15 | €3,038,545 | €3,038,559 | +€14 | 0.0% |
| Contributions | 10/11 | €935,000 | €935,000 | = | 0.0% |
| Capital | 10 | €935,000 | €935,000 | = | 0.0% |
| Issued capital | 100 | €935,000 | €935,000 | = | 0.0% |
| Reserves | 13 | €2,103,205 | €2,102,748 | -€457 | 0.0% |
| Non-distributable reserves | 130/1 | €93,500 | €93,500 | = | 0.0% |
| Legal reserve | 130 | €93,500 | €93,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €636,765 | €614,308 | -€22,457 | -3.5% |
| Distributable reserves | 133 | €1,372,939 | €1,394,939 | +€22,000 | +1.6% |
| Profit (loss) carried forward | 14 | €340 | €812 | +€471 | +138% |
| Provisions and deferred taxes | 16 | €212,255 | €204,769 | -€7,486 | -3.5% |
| Deferred taxes | 168 | €212,255 | €204,769 | -€7,486 | -3.5% |
| Amounts payable | 17/49 | €269,741 | €15,494 | -€254,247 | -94.3% |
| Amounts payable within one year | 42/48 | €258,161 | €14,294 | -€243,867 | -94.5% |
| Trade debts | 44 | €167 | €3,193 | +€3,025 | +1,809% |
| Suppliers | 440/4 | €167 | €3,193 | +€3,025 | +1,809% |
| Taxes, remuneration and social security | 45 | - | €9,100 | +€9,100 | |
| Taxes | 450/3 | - | €9,100 | +€9,100 | |
| Other amounts payable | 47/48 | €257,994 | €2,001 | -€255,993 | -99.2% |
| Accrued charges and deferred income | 492/3 | €11,579 | €1,200 | -€10,379 | -89.6% |
| Non-recurring operating income | 76A | €2,351 | - | -€2,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,219 | €131,777 | -€25,442 | -16.2% |
| Other operating charges | 640/8 | €17,760 | €18,265 | +€505 | +2.8% |
| Non-recurring operating charges | 66A | - | €3,868 | +€3,868 | |
| Gross operating margin | 9900 | €155,403 | €148,340 | -€7,063 | -4.5% |
| Operating profit (loss) | 9901 | -€19,576 | -€5,570 | +€14,006 | +71.5% |
| Financial income | 75/76B | €12,615 | €10,895 | -€1,720 | -13.6% |
| Recurring financial income | 75 | €12,615 | €10,895 | -€1,720 | -13.6% |
| Financial charges | 65/66B | €10,222 | €3,715 | -€6,507 | -63.7% |
| Recurring financial charges | 65 | €10,222 | €3,715 | -€6,507 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,183 | €1,610 | +€18,793 | |
| Transfer from deferred taxes | 780 | €7,486 | €7,486 | = | 0.0% |
| Income taxes | 67/77 | €3,785 | €9,081 | +€5,297 | +140% |
| Profit (loss) for the period | 9904 | -€13,482 | €14 | +€13,496 | |
| Transfer from tax-exempt reserves | 789 | €22,457 | €22,457 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,975 | €22,471 | +€13,496 | +150% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.