IMMOPLAS: 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.
IMMOPLAS
Largest movements
- Cash -€358,745
down €358,745 (-33.9%), from €1.1m to €698,555
mainly Investment in fixed assets (net) (-€179,079) and Receivables within one year (-€150,031)
- Receivables within one year +€150,031
up €150,031 (+72.4%), from €207,326 to €357,357
- Tangible fixed assets +€145,747
up €145,747 (+22.9%), from €635,830 to €781,576
of which Plant, machinery and equipment: +€165,657
- Profit (loss) carried forward -€50,356
down €50,356 (-4.8%), from €1.0m to €988,757
- Tax, wage and social debts -€25,916
no longer reported in 2025 (was €25,916)
- Gross operating margin -€72,248
down €72,248 (-79.7%), from €90,695 to €18,448
- Taxes -€9,419
no longer reported in 2025 (was €9,419)
- Other operating charges +€8,212
up €8,212 (+31.1%), from €26,383 to €34,595
- Depreciation +€4,388
up €4,388 (+15.2%), from €28,944 to €33,332
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 | €1,906,619 | €1,843,598 | -€63,021 | -3.3% |
| Fixed assets | 21/28 | €636,090 | €781,837 | +€145,747 | +22.9% |
| Tangible fixed assets | 22/27 | €635,830 | €781,576 | +€145,747 | +22.9% |
| Land and buildings | 22 | €621,204 | €596,562 | -€24,642 | -4.0% |
| Plant, machinery and equipment | 23 | €14,625 | €180,282 | +€165,657 | +1132.7% |
| Furniture and vehicles | 24 | €0 | €4,732 | +€4,732 | |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €1,270,529 | €1,061,762 | -€208,767 | -16.4% |
| Amounts receivable within one year | 40/41 | €207,326 | €357,357 | +€150,031 | +72.4% |
| Other amounts receivable | 41 | €207,326 | €357,357 | +€150,031 | +72.4% |
| Cash at bank and in hand | 54/58 | €1,057,300 | €698,555 | -€358,745 | -33.9% |
| Deferred charges and accrued income | 490/1 | €5,903 | €5,850 | -€53 | -0.9% |
| Total equity and liabilities | 10/49 | €1,906,619 | €1,843,598 | -€63,021 | -3.3% |
| Equity | 10/15 | €1,689,101 | €1,638,746 | -€50,356 | -3.0% |
| Contributions | 10/11 | €74,665 | €74,665 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €13,165 | €13,165 | = | 0.0% |
| Share premium | 1100/10 | €13,165 | €13,165 | = | 0.0% |
| Reserves | 13 | €575,324 | €575,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60,168 | €60,168 | = | 0.0% |
| Legal reserve | 130 | €60,168 | €60,168 | = | 0.0% |
| Tax-exempt reserves | 132 | €515,156 | €515,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,039,113 | €988,757 | -€50,356 | -4.8% |
| Provisions and deferred taxes | 16 | €169,267 | €169,267 | = | 0.0% |
| Deferred taxes | 168 | €169,267 | €169,267 | = | 0.0% |
| Amounts payable | 17/49 | €48,251 | €35,586 | -€12,665 | -26.2% |
| Amounts payable within one year | 42/48 | €48,251 | €35,586 | -€12,665 | -26.2% |
| Trade debts | 44 | €16,342 | €29,562 | +€13,219 | +80.9% |
| Suppliers | 440/4 | €16,342 | €29,562 | +€13,219 | +80.9% |
| Advances received on contracts in progress | 46 | €3,593 | €3,593 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €25,916 | - | -€25,916 | |
| Taxes | 450/3 | €25,916 | - | -€25,916 | |
| Other amounts payable | 47/48 | €2,400 | €2,431 | +€31 | +1.3% |
| Non-recurring operating income | 76A | €651 | €675 | +€24 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,944 | €33,332 | +€4,388 | +15.2% |
| Other operating charges | 640/8 | €26,383 | €34,595 | +€8,212 | +31.1% |
| Gross operating margin | 9900 | €90,695 | €18,448 | -€72,248 | -79.7% |
| Operating profit (loss) | 9901 | €35,368 | -€49,480 | -€84,848 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €803 | €879 | +€76 | +9.4% |
| Recurring financial charges | 65 | €803 | €879 | +€76 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €34,565 | -€50,356 | -€84,921 | |
| Income taxes | 67/77 | €9,419 | - | -€9,419 | |
| Profit (loss) for the period | 9904 | €25,146 | -€50,356 | -€75,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,146 | -€50,356 | -€75,502 |
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 10 October 2026 via checked.be.