IMMOGLAB: 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.
IMMOGLAB
Largest movements
- Current investments -€50,000
down €50,000 (-5.9%), from €850,000 to €800,000
- Cash +€49,814
up €49,814 (+105.3%), from €47,287 to €97,101
mainly Current investments (+€50,000) and Depreciation (+€20,658)
- Tangible fixed assets -€20,658
down €20,658 (-11.7%), from €176,974 to €156,316
of which Land and buildings: -€12,578
- Other debts -€15,265
down €15,265 (-3.1%), from €498,508 to €483,243
- Gross operating margin -€640,925
down €640,925 (-98.8%), from €648,422 to €7,497
- Taxes -€188,743
down €188,743 (-99.2%), from €190,189 to €1,445
- Financial income +€14,632
up €14,632 (+257.5%), from €5,682 to €20,314
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 | €1,103,839 | €1,086,445 | -€17,394 | -1.6% |
| Fixed assets | 21/28 | €176,974 | €156,316 | -€20,658 | -11.7% |
| Tangible fixed assets | 22/27 | €176,974 | €156,316 | -€20,658 | -11.7% |
| Land and buildings | 22 | €138,228 | €125,650 | -€12,578 | -9.1% |
| Plant, machinery and equipment | 23 | €36,454 | €30,666 | -€5,788 | -15.9% |
| Furniture and vehicles | 24 | €2,293 | - | -€2,293 | |
| Current assets | 29/58 | €926,865 | €930,129 | +€3,264 | +0.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,961 | €5,325 | +€3,364 | +171.5% |
| Trade receivables | 40 | €1,887 | - | -€1,887 | |
| Other amounts receivable | 41 | €74 | €5,325 | +€5,251 | +7060.3% |
| Current investments | 50/53 | €850,000 | €800,000 | -€50,000 | -5.9% |
| Cash at bank and in hand | 54/58 | €47,287 | €97,101 | +€49,814 | +105.3% |
| Deferred charges and accrued income | 490/1 | €2,617 | €2,703 | +€86 | +3.3% |
| Total equity and liabilities | 10/49 | €1,103,839 | €1,086,445 | -€17,394 | -1.6% |
| Equity | 10/15 | €521,619 | €518,273 | -€3,346 | -0.6% |
| 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 | €460,119 | €460,119 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €453,969 | €453,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,346 | -€3,346 | |
| Amounts payable | 17/49 | €582,220 | €568,172 | -€14,048 | -2.4% |
| Amounts payable after more than one year | 17 | €32,828 | €32,828 | = | 0.0% |
| Financial debts | 170/4 | €32,828 | €32,828 | = | 0.0% |
| Amounts payable within one year | 42/48 | €548,791 | €534,113 | -€14,678 | -2.7% |
| Trade debts | 44 | €616 | €1,696 | +€1,080 | +175.4% |
| Suppliers | 440/4 | €616 | €1,696 | +€1,080 | +175.4% |
| Taxes, remuneration and social security | 45 | €49,667 | €49,173 | -€494 | -1.0% |
| Taxes | 450/3 | €49,667 | €49,173 | -€494 | -1.0% |
| Other amounts payable | 47/48 | €498,508 | €483,243 | -€15,265 | -3.1% |
| Accrued charges and deferred income | 492/3 | €600 | €1,230 | +€630 | +105.0% |
| Non-recurring operating income | 76A | €622,337 | - | -€622,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,321 | €20,658 | -€2,663 | -11.4% |
| Other operating charges | 640/8 | €8,188 | €6,363 | -€1,825 | -22.3% |
| Gross operating margin | 9900 | €648,422 | €7,497 | -€640,925 | -98.8% |
| Operating profit (loss) | 9901 | €616,913 | -€19,524 | -€636,436 | |
| Financial income | 75/76B | €5,682 | €20,314 | +€14,632 | +257.5% |
| Recurring financial income | 75 | €5,682 | €20,314 | +€14,632 | +257.5% |
| Financial charges | 65/66B | €2,850 | €2,691 | -€159 | -5.6% |
| Recurring financial charges | 65 | €2,744 | €2,691 | -€53 | -1.9% |
| Non-recurring financial charges | 66B | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €619,744 | -€1,901 | -€621,645 | |
| Income taxes | 67/77 | €190,189 | €1,445 | -€188,743 | -99.2% |
| Profit (loss) for the period | 9904 | €429,556 | -€3,346 | -€432,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €429,556 | -€3,346 | -€432,902 |
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 1 October 2026 via checked.be.