Immobland: what changed
Two financial 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.
Immobland
Largest movements
- Current investments +€50,000
up €50,000 (+12.5%), from €400,000 to €450,000
- Cash -€40,695
down €40,695 (-30.7%), from €132,626 to €91,931
mainly Contributions, distributions and other (-€80,000) and Current investments (-€50,000)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€12,984
up €12,984 (+11.7%), from €111,000 to €123,984
- Taxes +€3,419
up €3,419 (+15.5%), from €22,104 to €25,524
- Financial income +€2,021
up €2,021 (+18.0%), from €11,226 to €13,248
- Depreciation +€1,267
up €1,267 (+4.5%), from €28,279 to €29,546
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.
Derived cash bridge
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 | €1,408,645 | €1,406,388 | -€2,258 | -0.2% |
| Fixed assets | 21/28 | €775,973 | €764,411 | -€11,562 | -1.5% |
| Tangible fixed assets | 22/27 | €775,973 | €764,411 | -€11,562 | -1.5% |
| Land and buildings | 22 | €760,048 | €752,287 | -€7,761 | -1.0% |
| Plant, machinery and equipment | 23 | €4,633 | €4,686 | +€53 | +1.2% |
| Furniture and vehicles | 24 | €11,292 | €7,437 | -€3,855 | -34.1% |
| Current assets | 29/58 | €632,672 | €641,977 | +€9,305 | +1.5% |
| Stocks and contracts in progress | 3 | €100,000 | €100,000 | = | 0.0% |
| Stocks | 30/36 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46 | €46 | = | 0.0% |
| Other amounts receivable | 41 | €46 | €46 | = | 0.0% |
| Current investments | 50/53 | €400,000 | €450,000 | +€50,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €132,626 | €91,931 | -€40,695 | -30.7% |
| Total equity and liabilities | 10/49 | €1,408,645 | €1,406,388 | -€2,258 | -0.2% |
| Equity | 10/15 | €1,320,637 | €1,316,559 | -€4,079 | -0.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,259,137 | €1,255,059 | -€4,079 | -0.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,737 | €56,737 | = | 0.0% |
| Distributable reserves | 133 | €1,196,250 | €1,192,171 | -€4,079 | -0.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €88,008 | €89,829 | +€1,821 | +2.1% |
| Amounts payable after more than one year | 17 | €397 | €397 | = | 0.0% |
| Other amounts payable | 178/9 | €397 | €397 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,926 | €88,721 | +€1,795 | +2.1% |
| Taxes, remuneration and social security | 45 | €25,004 | €26,799 | +€1,795 | +7.2% |
| Taxes | 450/3 | €25,004 | €26,799 | +€1,795 | +7.2% |
| Other amounts payable | 47/48 | €61,922 | €61,922 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €685 | €711 | +€26 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,279 | €29,546 | +€1,267 | +4.5% |
| Other operating charges | 640/8 | €5,340 | €5,507 | +€167 | +3.1% |
| Gross operating margin | 9900 | €111,000 | €123,984 | +€12,984 | +11.7% |
| Operating profit (loss) | 9901 | €77,381 | €88,931 | +€11,550 | +14.9% |
| Financial income | 75/76B | €11,226 | €13,248 | +€2,021 | +18.0% |
| Recurring financial income | 75 | €11,226 | €13,248 | +€2,021 | +18.0% |
| Financial charges | 65/66B | €728 | €734 | +€6 | +0.8% |
| Recurring financial charges | 65 | €728 | €734 | +€6 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €87,880 | €101,445 | +€13,565 | +15.4% |
| Income taxes | 67/77 | €22,104 | €25,524 | +€3,419 | +15.5% |
| Profit (loss) for the period | 9904 | €65,775 | €75,921 | +€10,146 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,775 | €75,921 | +€10,146 | +15.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.