IMMOPLEG: 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.
IMMOPLEG
Largest movements
- Current investments +€28,463
up €28,463 (+5.6%), from €504,338 to €532,802
- Cash +€25,429
up €25,429 (+18.6%), from €136,421 to €161,850
mainly Other debts (+€144,134) and Net result for the year (+€83,585)
- Tangible fixed assets -€23,707
down €23,707 (-8.2%), from €289,025 to €265,318
of which Plant, machinery and equipment: -€16,180
- Other debts +€144,134
up €144,134 (+7,892%), from €1,826 to €145,960
- Reserves -€74,015
down €74,015 (-9.6%), from €773,146 to €699,131
of which Distributable reserves: -€74,015
- Trade debts -€24,040
down €24,040 (-31.2%), from €77,139 to €53,100
- Debts after one year -€18,174
down €18,174 (-43.3%), from €41,947 to €23,772
- Gross operating margin +€57,311
up €57,311 (+25.6%), from €223,490 to €280,801
- Financial income -€29,361
down €29,361 (-97.1%), from €30,229 to €869
- Taxes +€10,783
up €10,783 (+51.0%), from €21,162 to €31,945
- Staff costs +€9,987
up €9,987 (+13.5%), from €73,848 to €83,835
- Financial charges +€2,843
up €2,843 (+44.7%), from €6,355 to €9,198
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 | €1,097,501 | €1,120,622 | +€23,122 | +2.1% |
| Fixed assets | 21/28 | €289,025 | €265,318 | -€23,707 | -8.2% |
| Tangible fixed assets | 22/27 | €289,025 | €265,318 | -€23,707 | -8.2% |
| Land and buildings | 22 | €176,928 | €169,402 | -€7,527 | -4.3% |
| Plant, machinery and equipment | 23 | €112,097 | €95,917 | -€16,180 | -14.4% |
| Current assets | 29/58 | €808,475 | €855,304 | +€46,829 | +5.8% |
| Stocks and contracts in progress | 3 | €142,221 | €137,353 | -€4,868 | -3.4% |
| Stocks | 30/36 | €142,221 | €137,353 | -€4,868 | -3.4% |
| Amounts receivable within one year | 40/41 | €19,705 | €17,535 | -€2,170 | -11.0% |
| Trade receivables | 40 | €16,859 | €17,535 | +€676 | +4.0% |
| Other amounts receivable | 41 | €2,846 | - | -€2,846 | |
| Current investments | 50/53 | €504,338 | €532,802 | +€28,463 | +5.6% |
| Cash at bank and in hand | 54/58 | €136,421 | €161,850 | +€25,429 | +18.6% |
| Deferred charges and accrued income | 490/1 | €5,790 | €5,765 | -€25 | -0.4% |
| Total equity and liabilities | 10/49 | €1,097,501 | €1,120,622 | +€23,122 | +2.1% |
| Equity | 10/15 | €921,882 | €847,867 | -€74,015 | -8.0% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €773,146 | €699,131 | -€74,015 | -9.6% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €758,273 | €684,257 | -€74,015 | -9.8% |
| Amounts payable | 17/49 | €175,618 | €272,755 | +€97,137 | +55.3% |
| Amounts payable after more than one year | 17 | €41,947 | €23,772 | -€18,174 | -43.3% |
| Financial debts | 170/4 | €41,947 | €23,772 | -€18,174 | -43.3% |
| Amounts payable within one year | 42/48 | €131,533 | €246,114 | +€114,582 | +87.1% |
| Current portion of amounts payable after more than one year | 42 | €17,456 | €18,174 | +€719 | +4.1% |
| Trade debts | 44 | €77,139 | €53,100 | -€24,040 | -31.2% |
| Suppliers | 440/4 | €77,139 | €53,100 | -€24,040 | -31.2% |
| Advances received on contracts in progress | 46 | €2,446 | - | -€2,446 | |
| Taxes, remuneration and social security | 45 | €32,665 | €28,880 | -€3,785 | -11.6% |
| Taxes | 450/3 | €15,641 | €12,436 | -€3,205 | -20.5% |
| Remuneration and social security | 454/9 | €17,024 | €16,444 | -€580 | -3.4% |
| Other amounts payable | 47/48 | €1,826 | €145,960 | +€144,134 | +7,892% |
| Accrued charges and deferred income | 492/3 | €2,139 | €2,869 | +€730 | +34.1% |
| Remuneration, social security and pensions | 62 | €73,848 | €83,835 | +€9,987 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,577 | €63,409 | -€168 | -0.3% |
| Other operating charges | 640/8 | €9,201 | €9,697 | +€497 | +5.4% |
| Gross operating margin | 9900 | €223,490 | €280,801 | +€57,311 | +25.6% |
| Operating profit (loss) | 9901 | €76,864 | €123,859 | +€46,996 | +61.1% |
| Financial income | 75/76B | €30,229 | €869 | -€29,361 | -97.1% |
| Recurring financial income | 75 | €30,229 | €869 | -€29,361 | -97.1% |
| Financial charges | 65/66B | €6,355 | €9,198 | +€2,843 | +44.7% |
| Recurring financial charges | 65 | €6,355 | €9,198 | +€2,843 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €100,738 | €115,530 | +€14,793 | +14.7% |
| Income taxes | 67/77 | €21,162 | €31,945 | +€10,783 | +51.0% |
| Profit (loss) for the period | 9904 | €79,576 | €83,585 | +€4,009 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,576 | €83,585 | +€4,009 | +5.0% |
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 17 October 2026 via checked.be.