IMMOLUC: 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.
IMMOLUC
Largest movements
- Receivables within one year +€2,652
up €2,652 (+24.6%), from €10,799 to €13,450
of which Other amounts receivable: +€3,886
- Cash +€2,067
up €2,067 (+24.8%), from €8,324 to €10,391
mainly Depreciation (+€2,740) and Trade debts (+€1,526)
- Tangible fixed assets -€2,046
down €2,046 (-7.8%), from €26,335 to €24,289
of which Land and buildings: -€2,510
- Trade debts +€1,526
up €1,526 (+4,773%), from €32 to €1,558
- Reserves +€1,146
up €1,146 (+2.9%), from €39,516 to €40,662
of which Distributable reserves: +€1,089
- Gross operating margin -€318
down €318 (-5.4%), from €5,890 to €5,572
- Other operating charges -€207
down €207 (-11.6%), from €1,791 to €1,584
- Taxes +€193
up €193 (+51.2%), from €376 to €568
- Financial income +€96
up €96 (+22.7%), from €424 to €520
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 | €101,548 | €104,220 | +€2,672 | +2.6% |
| Fixed assets | 21/28 | €26,335 | €24,289 | -€2,046 | -7.8% |
| Tangible fixed assets | 22/27 | €26,335 | €24,289 | -€2,046 | -7.8% |
| Land and buildings | 22 | €26,030 | €23,520 | -€2,510 | -9.6% |
| Furniture and vehicles | 24 | €305 | €769 | +€464 | +152% |
| Current assets | 29/58 | €75,213 | €79,932 | +€4,718 | +6.3% |
| Amounts receivable within one year | 40/41 | €10,799 | €13,450 | +€2,652 | +24.6% |
| Trade receivables | 40 | €1,234 | - | -€1,234 | |
| Other amounts receivable | 41 | €9,565 | €13,450 | +€3,886 | +40.6% |
| Current investments | 50/53 | €56,090 | €56,090 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,324 | €10,391 | +€2,067 | +24.8% |
| Total equity and liabilities | 10/49 | €101,548 | €104,220 | +€2,672 | +2.6% |
| Equity | 10/15 | €101,516 | €102,662 | +€1,146 | +1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €39,516 | €40,662 | +€1,146 | +2.9% |
| Non-distributable reserves | 130/1 | €3,570 | €3,627 | +€57 | +1.6% |
| Legal reserve | 130 | €3,570 | €3,627 | +€57 | +1.6% |
| Distributable reserves | 133 | €35,946 | €37,035 | +€1,089 | +3.0% |
| Amounts payable | 17/49 | €32 | €1,558 | +€1,526 | +4,773% |
| Amounts payable within one year | 42/48 | €32 | €1,558 | +€1,526 | +4,773% |
| Trade debts | 44 | €32 | €1,558 | +€1,526 | +4,773% |
| Suppliers | 440/4 | €32 | €1,558 | +€1,526 | +4,773% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,695 | €2,740 | +€45 | +1.7% |
| Other operating charges | 640/8 | €1,791 | €1,584 | -€207 | -11.6% |
| Gross operating margin | 9900 | €5,890 | €5,572 | -€318 | -5.4% |
| Operating profit (loss) | 9901 | €1,404 | €1,249 | -€155 | -11.0% |
| Financial income | 75/76B | €424 | €520 | +€96 | +22.7% |
| Recurring financial income | 75 | €424 | €520 | +€96 | +22.7% |
| Financial charges | 65/66B | €87 | €54 | -€33 | -37.7% |
| Recurring financial charges | 65 | €87 | €54 | -€33 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €1,741 | €1,715 | -€26 | -1.5% |
| Income taxes | 67/77 | €376 | €568 | +€193 | +51.2% |
| Profit (loss) for the period | 9904 | €1,365 | €1,146 | -€219 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,365 | €1,146 | -€219 | -16.0% |
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 14 October 2026 via checked.be.