IMMOPLEIADES: 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.
IMMOPLEIADES
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+124%), from €902,181 to €2.0m
of which Land and buildings: +€1.1m
- Cash -€34,374
down €34,374 (-57.6%), from €59,659 to €25,285
mainly Investment in fixed assets (net) (-€1.2m) and Net result for the year (-€72,639)
- Debts after one year +€746,513
up €746,513 (+125%), from €598,579 to €1.3m
- Other debts +€365,000
up €365,000 (+120%), from €304,043 to €669,043
- Profit (loss) carried forward -€72,639
down €72,639 (-104%), from -€69,839 to -€142,478
- Current portion of long-term debt +€31,448
up €31,448 (+98.2%), from €32,027 to €63,475
- Depreciation +€37,641
up €37,641 (+159%), from €23,616 to €61,257
- Financial charges +€30,010
up €30,010 (+190%), from €15,767 to €45,777
- Gross operating margin -€4,586
down €4,586 (-10.2%), from €44,737 to €40,152
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 | €971,938 | €2,054,710 | +€1.1m | +111% |
| Fixed assets | 21/28 | €902,181 | €2,025,233 | +€1.1m | +124% |
| Tangible fixed assets | 22/27 | €902,181 | €2,025,233 | +€1.1m | +124% |
| Land and buildings | 22 | €901,690 | €2,024,973 | +€1.1m | +125% |
| Plant, machinery and equipment | 23 | €492 | €261 | -€231 | -47.0% |
| Current assets | 29/58 | €69,757 | €29,477 | -€40,280 | -57.7% |
| Amounts receivable within one year | 40/41 | €5,653 | €4,042 | -€1,611 | -28.5% |
| Trade receivables | 40 | €5,653 | €4,042 | -€1,611 | -28.5% |
| Cash at bank and in hand | 54/58 | €59,659 | €25,285 | -€34,374 | -57.6% |
| Deferred charges and accrued income | 490/1 | €4,445 | €150 | -€4,295 | -96.6% |
| Total equity and liabilities | 10/49 | €971,938 | €2,054,710 | +€1.1m | +111% |
| Equity | 10/15 | €30,161 | -€42,478 | -€72,639 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,839 | -€142,478 | -€72,639 | -104% |
| Amounts payable | 17/49 | €941,777 | €2,097,189 | +€1.2m | +123% |
| Amounts payable after more than one year | 17 | €598,579 | €1,345,092 | +€746,513 | +125% |
| Financial debts | 170/4 | €598,579 | €1,345,092 | +€746,513 | +125% |
| Amounts payable within one year | 42/48 | €341,835 | €732,679 | +€390,844 | +114% |
| Current portion of amounts payable after more than one year | 42 | €32,027 | €63,475 | +€31,448 | +98.2% |
| Trade debts | 44 | €5,765 | €161 | -€5,604 | -97.2% |
| Suppliers | 440/4 | €5,765 | €161 | -€5,604 | -97.2% |
| Other amounts payable | 47/48 | €304,043 | €669,043 | +€365,000 | +120% |
| Accrued charges and deferred income | 492/3 | €1,363 | €19,417 | +€18,054 | +1,325% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,616 | €61,257 | +€37,641 | +159% |
| Other operating charges | 640/8 | €5,368 | €5,757 | +€389 | +7.2% |
| Gross operating margin | 9900 | €44,737 | €40,152 | -€4,586 | -10.2% |
| Operating profit (loss) | 9901 | €15,753 | -€26,862 | -€42,616 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15,767 | €45,777 | +€30,010 | +190% |
| Recurring financial charges | 65 | €15,767 | €45,777 | +€30,010 | +190% |
| Profit (loss) for the period before taxes | 9903 | -€14 | -€72,639 | -€72,625 | -513,978% |
| Profit (loss) for the period | 9904 | -€14 | -€72,639 | -€72,625 | -513,978% |
| Profit (loss) for the period to be appropriated | 9905 | -€14 | -€72,639 | -€72,625 | -513,978% |
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 26 October 2026 via checked.be.