Immoplafin: 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.
What changed
Immoplafin
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,099
2024 · -€11,417+€18,516
Equity
€1.5m
2024 · €1.5m+€7,099
Cash
€1,106
2024 · €2,428-€1,322
Balance sheet total
€2.2m
2024 · €2.3m-€80,518
Largest movements
Assets
- Tangible fixed assets -€57,356
down €57,356 (-4.0%), from €1.4m to €1.4m
of which Land and buildings: -€54,153
Equity and liabilities
- Other debts -€46,832
down €46,832 (-64.0%), from €73,172 to €26,340
- Debts after one year -€31,507
down €31,507 (-4.7%), from €669,598 to €638,091
Income statement
- Gross operating margin +€21,531
up €21,531 (+27.5%), from €78,391 to €99,922
- Financial income -€3,757
down €3,757 (-19.7%), from €19,066 to €15,309
- Financial charges -€3,219
down €3,219 (-16.2%), from €19,888 to €16,669
- Other operating charges +€1,641
up €1,641 (+10.6%), from €15,482 to €17,123
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.
Result 2024
-€11,417
Gross operating margin
+€21,531
Depreciation
-€986
Other operating charges
-€1,641
Financial income
-€3,757
Financial charges
+€3,219
Taxes
+€150
Result 2025
€7,099
raises the resultlowers the result
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.
From operations
+€46,104
Investment
-€16,669
Financing
-€30,757
Cash 2024
€2,428
From operations (derived)
+€46,104
Net result for the year
+€7,099
Depreciation
+€74,169
Receivables within one year
+€21,962
Deferred charges and accrued income
-€266
Trade debts
-€9,923
Tax, wage and social debts
-€104
Other debts
-€46,832
Investment (derived)
-€16,669
Investment in fixed assets (net)
-€16,813
Current investments
+€145
Financing
-€30,757
Debts after one year
-€31,507
Current portion of long-term debt
+€749
Cash 2025
€1,106
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,274,139 | €2,193,621 | -€80,518 | -3.5% |
| Fixed assets | 21/28 | €1,465,383 | €1,408,027 | -€57,356 | -3.9% |
| Tangible fixed assets | 22/27 | €1,439,383 | €1,382,027 | -€57,356 | -4.0% |
| Land and buildings | 22 | €1,431,863 | €1,377,711 | -€54,153 | -3.8% |
| Plant, machinery and equipment | 23 | €3,259 | €2,457 | -€802 | -24.6% |
| Furniture and vehicles | 24 | €4,261 | €1,860 | -€2,401 | -56.3% |
| Financial fixed assets | 28 | €26,000 | €26,000 | = | 0.0% |
| Current assets | 29/58 | €808,757 | €785,594 | -€23,162 | -2.9% |
| Amounts receivable within one year | 40/41 | €603,645 | €581,683 | -€21,962 | -3.6% |
| Trade receivables | 40 | €4,073 | €3,388 | -€686 | -16.8% |
| Other amounts receivable | 41 | €599,571 | €578,295 | -€21,276 | -3.5% |
| Current investments | 50/53 | €199,280 | €199,135 | -€145 | -0.1% |
| Cash at bank and in hand | 54/58 | €2,428 | €1,106 | -€1,322 | -54.5% |
| Deferred charges and accrued income | 490/1 | €3,404 | €3,670 | +€266 | +7.8% |
| Total equity and liabilities | 10/49 | €2,274,139 | €2,193,621 | -€80,518 | -3.5% |
| Equity | 10/15 | €1,486,614 | €1,493,713 | +€7,099 | +0.5% |
| Contributions | 10/11 | €1,243,186 | €1,243,186 | = | 0.0% |
| Capital | 10 | €1,243,186 | €1,243,186 | = | 0.0% |
| Issued capital | 100 | €1,243,186 | €1,243,186 | = | 0.0% |
| Revaluation surpluses | 12 | €760,507 | €760,507 | = | 0.0% |
| Reserves | 13 | €934 | €934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €934 | €934 | = | 0.0% |
| Legal reserve | 130 | €934 | €934 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€518,013 | -€510,914 | +€7,099 | +1.4% |
| Amounts payable | 17/49 | €787,525 | €699,908 | -€87,617 | -11.1% |
| Amounts payable after more than one year | 17 | €669,598 | €638,091 | -€31,507 | -4.7% |
| Financial debts | 170/4 | €669,598 | €638,091 | -€31,507 | -4.7% |
| Amounts payable within one year | 42/48 | €117,927 | €61,817 | -€56,110 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €30,757 | €31,507 | +€749 | +2.4% |
| Trade debts | 44 | €13,730 | €3,806 | -€9,923 | -72.3% |
| Suppliers | 440/4 | €13,730 | €3,806 | -€9,923 | -72.3% |
| Taxes, remuneration and social security | 45 | €268 | €164 | -€104 | -38.8% |
| Taxes | 450/3 | €268 | €164 | -€104 | -38.8% |
| Other amounts payable | 47/48 | €73,172 | €26,340 | -€46,832 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,183 | €74,169 | +€986 | +1.3% |
| Other operating charges | 640/8 | €15,482 | €17,123 | +€1,641 | +10.6% |
| Gross operating margin | 9900 | €78,391 | €99,922 | +€21,531 | +27.5% |
| Operating profit (loss) | 9901 | -€10,274 | €8,630 | +€18,904 | |
| Financial income | 75/76B | €19,066 | €15,309 | -€3,757 | -19.7% |
| Recurring financial income | 75 | €19,066 | €15,309 | -€3,757 | -19.7% |
| Financial charges | 65/66B | €19,888 | €16,669 | -€3,219 | -16.2% |
| Recurring financial charges | 65 | €19,888 | €16,669 | -€3,219 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,096 | €7,270 | +€18,366 | |
| Income taxes | 67/77 | €321 | €171 | -€150 | -46.7% |
| Profit (loss) for the period | 9904 | -€11,417 | €7,099 | +€18,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,417 | €7,099 | +€18,516 |
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 19 October 2026 via checked.be.