IMMOLO: 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.
IMMOLO
Largest movements
- Tangible fixed assets -€33,815
down €33,815 (-5.4%), from €621,051 to €587,236
of which Land and buildings: -€30,909
- Cash +€8,363
up €8,363 (+42.7%), from €19,573 to €27,936
mainly Depreciation (+€33,815) and Net result for the year (+€27,829)
- Debts after one year -€32,291
down €32,291 (-16.7%), from €193,691 to €161,400
- Profit (loss) carried forward +€27,829
up €27,829, from -€11,109 to €16,720
- Reserves -€11,404
down €11,404 (-7.0%), from €162,854 to €151,450
- Other debts -€6,971
down €6,971 (-32.5%), from €21,431 to €14,460
- Other operating charges -€46,361
down €46,361 (-84.6%), from €54,802 to €8,441
- Gross operating margin +€13,392
up €13,392 (+24.3%), from €55,083 to €68,475
- Financial charges -€3,368
down €3,368 (-18.1%), from €18,576 to €15,208
- Financial income -€2,542
no longer reported in 2025 (was €2,542)
- Depreciation -€1,165
down €1,165 (-3.3%), from €34,980 to €33,815
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 | €642,352 | €617,917 | -€24,435 | -3.8% |
| Fixed assets | 21/28 | €621,051 | €587,236 | -€33,815 | -5.4% |
| Tangible fixed assets | 22/27 | €621,051 | €587,236 | -€33,815 | -5.4% |
| Land and buildings | 22 | €596,611 | €565,702 | -€30,909 | -5.2% |
| Other tangible fixed assets | 26 | €24,440 | €21,534 | -€2,906 | -11.9% |
| Current assets | 29/58 | €21,301 | €30,681 | +€9,380 | +44.0% |
| Cash at bank and in hand | 54/58 | €19,573 | €27,936 | +€8,363 | +42.7% |
| Deferred charges and accrued income | 490/1 | €1,728 | €2,745 | +€1,017 | +58.9% |
| Total equity and liabilities | 10/49 | €642,352 | €617,917 | -€24,435 | -3.8% |
| Equity | 10/15 | €312,876 | €329,301 | +€16,425 | +5.2% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €162,854 | €151,450 | -€11,404 | -7.0% |
| Tax-exempt reserves | 132 | €162,854 | €151,450 | -€11,404 | -7.0% |
| Profit (loss) carried forward | 14 | -€11,109 | €16,720 | +€27,829 | |
| Provisions and deferred taxes | 16 | €75,026 | €69,612 | -€5,414 | -7.2% |
| Deferred taxes | 168 | €75,026 | €69,612 | -€5,414 | -7.2% |
| Amounts payable | 17/49 | €254,450 | €219,004 | -€35,446 | -13.9% |
| Amounts payable after more than one year | 17 | €193,691 | €161,400 | -€32,291 | -16.7% |
| Financial debts | 170/4 | €193,691 | €161,400 | -€32,291 | -16.7% |
| Amounts payable within one year | 42/48 | €56,745 | €51,228 | -€5,517 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €30,750 | €32,291 | +€1,541 | +5.0% |
| Taxes, remuneration and social security | 45 | €4,564 | €4,477 | -€87 | -1.9% |
| Taxes | 450/3 | €4,564 | €4,477 | -€87 | -1.9% |
| Other amounts payable | 47/48 | €21,431 | €14,460 | -€6,971 | -32.5% |
| Accrued charges and deferred income | 492/3 | €4,014 | €6,376 | +€2,362 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,980 | €33,815 | -€1,165 | -3.3% |
| Other operating charges | 640/8 | €54,802 | €8,441 | -€46,361 | -84.6% |
| Gross operating margin | 9900 | €55,083 | €68,475 | +€13,392 | +24.3% |
| Operating profit (loss) | 9901 | -€34,699 | €26,219 | +€60,918 | |
| Financial income | 75/76B | €2,542 | - | -€2,542 | |
| Recurring financial income | 75 | €2,542 | - | -€2,542 | |
| Financial charges | 65/66B | €18,576 | €15,208 | -€3,368 | -18.1% |
| Recurring financial charges | 65 | €18,576 | €15,208 | -€3,368 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€50,733 | €11,011 | +€61,744 | |
| Transfer from deferred taxes | 780 | €15,413 | €16,818 | +€1,405 | +9.1% |
| Income taxes | 67/77 | €762 | - | -€762 | |
| Profit (loss) for the period | 9904 | -€36,082 | €27,829 | +€63,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,082 | €27,829 | +€63,911 |
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.