Immolease-Trust: 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.
Immolease-Trust
Largest movements
- Cash +€782,878
up €782,878 (+116%), from €674,477 to €1.5m
mainly Net result for the year (+€759,639) and Receivables within one year (+€167,602)
- Receivables within one year -€167,602
down €167,602 (-43.3%), from €386,906 to €219,304
of which Trade receivables: -€323,467
- Profit (loss) carried forward +€759,639
up €759,639 (+76.0%), from €1.0m to €1.8m
- Tax, wage and social debts -€73,034
down €73,034 (-100%), from €73,034 to €0
- Trade debts -€65,491
down €65,491 (-92.0%), from €71,221 to €5,730
- Turnover +€926,602
up €926,602 (+497%), from €186,273 to €1.1m
- Financial income -€203,912
down €203,912 (-100%), from €203,912 to €0
of which Financial income: -€203,912
- Taxes +€155,209
up €155,209 (+158%), from €98,004 to €253,213
of which Taxes: +€155,179
- Other operating charges +€144,131
up €144,131 (+90.9%), from €158,529 to €302,659
- Other operating income +€19,960
up €19,960 (+12.0%), from €165,856 to €185,816
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 | €1,296,722 | €1,911,998 | +€615,276 | +47.4% |
| Fixed assets | 21/28 | €235,339 | €235,339 | = | 0.0% |
| Tangible fixed assets | 22/27 | €235,339 | €235,339 | = | 0.0% |
| Land and buildings | 22 | €235,339 | €235,339 | = | 0.0% |
| Current assets | 29/58 | €1,061,383 | €1,676,659 | +€615,276 | +58.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €386,906 | €219,304 | -€167,602 | -43.3% |
| Trade receivables | 40 | €384,889 | €61,422 | -€323,467 | -84.0% |
| Other amounts receivable | 41 | €2,017 | €157,882 | +€155,865 | +7,728% |
| Cash at bank and in hand | 54/58 | €674,477 | €1,457,354 | +€782,878 | +116% |
| Total equity and liabilities | 10/49 | €1,296,722 | €1,911,998 | +€615,276 | +47.4% |
| Equity | 10/15 | €1,137,021 | €1,896,660 | +€759,639 | +66.8% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,976 | €12,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,976 | €12,976 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €576 | €576 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,000,045 | €1,759,684 | +€759,639 | +76.0% |
| Amounts payable | 17/49 | €159,701 | €15,338 | -€144,363 | -90.4% |
| Amounts payable within one year | 42/48 | €159,701 | €5,730 | -€153,971 | -96.4% |
| Trade debts | 44 | €71,221 | €5,730 | -€65,491 | -92.0% |
| Suppliers | 440/4 | €71,221 | €5,730 | -€65,491 | -92.0% |
| Taxes, remuneration and social security | 45 | €73,034 | €0 | -€73,034 | -100% |
| Taxes | 450/3 | €73,034 | €0 | -€73,034 | -100% |
| Other amounts payable | 47/48 | €15,446 | €0 | -€15,446 | -100% |
| Accrued charges and deferred income | 492/3 | - | €9,608 | +€9,608 | |
| Operating income | 70/76A | €352,128 | €1,358,291 | +€1.0m | +286% |
| Turnover | 70 | €186,273 | €1,112,874 | +€926,602 | +497% |
| Other operating income | 74 | €165,856 | €185,816 | +€19,960 | +12.0% |
| Non-recurring operating income | 76A | - | €59,600 | +€59,600 | |
| Operating charges | 60/66A | €185,070 | €345,234 | +€160,164 | +86.5% |
| Services and other goods | 61 | €26,541 | €42,575 | +€16,034 | +60.4% |
| Other operating charges | 640/8 | €158,529 | €302,659 | +€144,131 | +90.9% |
| Operating profit (loss) | 9901 | €167,058 | €1,013,056 | +€845,998 | +506% |
| Financial income | 75/76B | €203,912 | €0 | -€203,912 | -100% |
| Recurring financial income | 75 | €203,912 | €0 | -€203,912 | -100% |
| Non-recurring financial income | 76B | €203,912 | €0 | -€203,912 | -100% |
| Financial charges | 65/66B | €204 | €204 | +€0 | +0.2% |
| Recurring financial charges | 65 | €204 | €204 | +€0 | +0.2% |
| Debt charges | 650 | €204 | €204 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €370,766 | €1,012,852 | +€642,086 | +173% |
| Income taxes | 67/77 | €98,004 | €253,213 | +€155,209 | +158% |
| Taxes | 670/3 | €98,034 | €253,213 | +€155,179 | +158% |
| Tax adjustments and reversals of tax provisions | 77 | €30 | €0 | -€30 | -100% |
| Profit (loss) for the period | 9904 | €272,763 | €759,639 | +€486,877 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €272,763 | €759,639 | +€486,877 | +178% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.