IMMOBILLIARE: 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.
IMMOBILLIARE
Largest movements
- Tangible fixed assets +€376,311
new in 2025: €376,311
of which Land and buildings: +€365,974
- Current investments -€320,000
down €320,000 (-100.0%), from €320,000 to €0
- Receivables within one year -€73,251
down €73,251 (-97.2%), from €75,374 to €2,123
of which Trade receivables: -€74,580
- Cash +€8,980
up €8,980 (+2740.4%), from €328 to €9,308
mainly Current investments (+€320,000) and Receivables within one year (+€73,251)
- Other debts -€4,880
down €4,880 (-1.3%), from €387,635 to €382,755
- Profit (loss) carried forward -€4,749
down €4,749 (-132.1%), from -€3,594 to -€8,343
- Depreciation +€7,488
new in 2025: €7,488
- Financial income +€5,939
new in 2025: €5,939
- Gross operating margin -€1,244
down €1,244 (-69.2%), from -€1,798 to -€3,042
- Other operating charges -€584
down €584 (-80.2%), from €728 to €144
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 | €395,702 | €387,742 | -€7,960 | -2.0% |
| Fixed assets | 21/28 | - | €376,311 | +€376,311 | |
| Tangible fixed assets | 22/27 | - | €376,311 | +€376,311 | |
| Land and buildings | 22 | - | €365,974 | +€365,974 | |
| Plant, machinery and equipment | 23 | - | €10,338 | +€10,338 | |
| Current assets | 29/58 | €395,702 | €11,431 | -€384,271 | -97.1% |
| Amounts receivable within one year | 40/41 | €75,374 | €2,123 | -€73,251 | -97.2% |
| Trade receivables | 40 | €74,580 | €0 | -€74,580 | -100.0% |
| Other amounts receivable | 41 | €794 | €2,123 | +€1,329 | +167.3% |
| Current investments | 50/53 | €320,000 | €0 | -€320,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €328 | €9,308 | +€8,980 | +2740.4% |
| Total equity and liabilities | 10/49 | €395,702 | €387,742 | -€7,960 | -2.0% |
| Equity | 10/15 | €8,067 | €3,318 | -€4,749 | -58.9% |
| Reserves | 13 | €11,662 | €11,662 | = | 0.0% |
| Distributable reserves | 133 | €11,662 | €11,662 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,594 | -€8,343 | -€4,749 | -132.1% |
| Amounts payable | 17/49 | €387,635 | €384,424 | -€3,211 | -0.8% |
| Amounts payable within one year | 42/48 | €387,635 | €384,424 | -€3,211 | -0.8% |
| Trade debts | 44 | - | €1,669 | +€1,669 | |
| Suppliers | 440/4 | - | €1,669 | +€1,669 | |
| Other amounts payable | 47/48 | €387,635 | €382,755 | -€4,880 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,488 | +€7,488 | |
| Other operating charges | 640/8 | €728 | €144 | -€584 | -80.2% |
| Gross operating margin | 9900 | -€1,798 | -€3,042 | -€1,244 | -69.2% |
| Operating profit (loss) | 9901 | -€2,526 | -€10,675 | -€8,149 | -322.6% |
| Financial income | 75/76B | - | €5,939 | +€5,939 | |
| Recurring financial income | 75 | - | €5,939 | +€5,939 | |
| Financial charges | 65/66B | - | €13 | +€13 | |
| Recurring financial charges | 65 | - | €13 | +€13 | |
| Profit (loss) for the period before taxes | 9903 | -€2,526 | -€4,749 | -€2,222 | -88.0% |
| Profit (loss) for the period | 9904 | -€2,526 | -€4,749 | -€2,222 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,526 | -€4,749 | -€2,222 | -88.0% |
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.