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IMMOLEON: 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.

What changed

IMMOLEON

BE 0450.690.803
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€20,255
2024 · -€13,668-€6,587
Equity
-€105,634
2024 · -€85,379-€20,255
Cash
€2,921
2024 · €77+€2,845
Balance sheet total
€97,164
2024 · €108,788-€11,623

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€14,310

    down €14,310 (-13.2%), from €108,461 to €94,151

    of which Plant, machinery and equipment: -€7,180

  • Cash +€2,845

    up €2,845 (+3707.4%), from €77 to €2,921

    mainly Depreciation (+€14,468) and Other debts (+€9,019)

Equity and liabilities
  • Profit (loss) carried forward -€20,255

    down €20,255 (-5.2%), from -€387,379 to -€407,634

  • Other debts +€9,019

    up €9,019 (+4.7%), from €193,780 to €202,798

Income statement
  • Gross operating margin -€7,100

    down €7,100, from €5,339 to -€1,761

  • Other operating charges -€540

    down €540 (-12.2%), from €4,417 to €3,877

  • Financial charges +€60

    up €60 (+68.0%), from €88 to €148

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,668
Gross operating margin -€7,100
Depreciation +€33
Other operating charges +€540
Financial charges -€60
Result 2025 -€20,255

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,845
Investment €0
Financing €0
Cash 2024 €77
Net result for the year -€20,255
Depreciation +€14,468
Trade debts -€387
Other debts +€9,019
Cash 2025 €2,921
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €108,788 €97,164 -€11,623 -10.7%
Formation expenses 20 €250 €92 -€158 -63.2%
Fixed assets 21/28 €108,461 €94,151 -€14,310 -13.2%
Tangible fixed assets 22/27 €108,461 €94,151 -€14,310 -13.2%
Land and buildings 22 €86,923 €79,792 -€7,131 -8.2%
Plant, machinery and equipment 23 €21,539 €14,359 -€7,180 -33.3%
Current assets 29/58 €77 €2,921 +€2,845 +3707.4%
Cash at bank and in hand 54/58 €77 €2,921 +€2,845 +3707.4%
Total equity and liabilities 10/49 €108,788 €97,164 -€11,623 -10.7%
Equity 10/15 -€85,379 -€105,634 -€20,255 -23.7%
Contributions 10/11 €302,000 €302,000 = 0.0%
Capital 10 €302,000 €302,000 = 0.0%
Issued capital 100 €302,000 €302,000 = 0.0%
Profit (loss) carried forward 14 -€387,379 -€407,634 -€20,255 -5.2%
Amounts payable 17/49 €194,167 €202,798 +€8,631 +4.4%
Amounts payable within one year 42/48 €194,167 €202,798 +€8,631 +4.4%
Trade debts 44 €387 €0 -€387 -100.0%
Suppliers 440/4 €387 €0 -€387 -100.0%
Other amounts payable 47/48 €193,780 €202,798 +€9,019 +4.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,501 €14,468 -€33 -0.2%
Other operating charges 640/8 €4,417 €3,877 -€540 -12.2%
Gross operating margin 9900 €5,339 -€1,761 -€7,100
Operating profit (loss) 9901 -€13,579 -€20,106 -€6,527 -48.1%
Financial charges 65/66B €88 €148 +€60 +68.0%
Recurring financial charges 65 €88 €148 +€60 +68.0%
Profit (loss) for the period before taxes 9903 -€13,668 -€20,255 -€6,587 -48.2%
Profit (loss) for the period 9904 -€13,668 -€20,255 -€6,587 -48.2%
Profit (loss) for the period to be appropriated 9905 -€13,668 -€20,255 -€6,587 -48.2%

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 29 September 2026 via checked.be.