IMMOPYL: what changed
Two fiscal 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.
IMMOPYL
Largest movements
- Tangible fixed assets -€11,845
down €11,845 (-18.3%), from €64,692 to €52,848
- Cash -€4,025
down €4,025 (-3.1%), from €131,921 to €127,896
mainly Tax, wage and social debts (-€21,054) and Advances received (-€16,987)
- Tax, wage and social debts -€21,054
down €21,054 (-95.9%), from €21,945 to €892
- Advances received -€16,987
down €16,987 (-70.8%), from €23,998 to €7,011
- Profit (loss) carried forward +€12,800
up €12,800 (+8.2%), from €156,815 to €169,615
- Other debts +€8,682
up €8,682 (+73.9%), from €11,742 to €20,424
- Write-downs +€71,061
up €71,061, from -€40,040 to €31,021
- Taxes -€21,173
down €21,173 (-71.3%), from €29,695 to €8,522
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 | €250,629 | €236,159 | -€14,469 | -5.8% |
| Fixed assets | 21/28 | €64,692 | €52,848 | -€11,845 | -18.3% |
| Tangible fixed assets | 22/27 | €64,692 | €52,848 | -€11,845 | -18.3% |
| Land and buildings | 22 | €31,925 | €29,423 | -€2,502 | -7.8% |
| Plant, machinery and equipment | 23 | €22,599 | €17,344 | -€5,255 | -23.3% |
| Furniture and vehicles | 24 | €10,168 | €6,081 | -€4,088 | -40.2% |
| Current assets | 29/58 | €185,936 | €183,312 | -€2,625 | -1.4% |
| Amounts receivable within one year | 40/41 | €52,707 | €53,972 | +€1,264 | +2.4% |
| Trade receivables | 40 | €52,707 | €41,741 | -€10,966 | -20.8% |
| Other amounts receivable | 41 | - | €12,231 | +€12,231 | |
| Cash at bank and in hand | 54/58 | €131,921 | €127,896 | -€4,025 | -3.1% |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,444 | +€136 | +10.4% |
| Total equity and liabilities | 10/49 | €250,629 | €236,159 | -€14,469 | -5.8% |
| Equity | 10/15 | €184,633 | €197,433 | +€12,800 | +6.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €9,268 | €9,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,315 | €1,315 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,315 | €1,315 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,953 | €7,953 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,815 | €169,615 | +€12,800 | +8.2% |
| Amounts payable | 17/49 | €65,996 | €38,726 | -€27,269 | -41.3% |
| Amounts payable after more than one year | 17 | €6,705 | €6,705 | = | 0.0% |
| Other amounts payable | 178/9 | €6,705 | €6,705 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,291 | €32,021 | -€27,269 | -46.0% |
| Trade debts | 44 | €1,606 | €3,695 | +€2,089 | +130.1% |
| Suppliers | 440/4 | €1,606 | €3,695 | +€2,089 | +130.1% |
| Advances received on contracts in progress | 46 | €23,998 | €7,011 | -€16,987 | -70.8% |
| Taxes, remuneration and social security | 45 | €21,945 | €892 | -€21,054 | -95.9% |
| Taxes | 450/3 | €21,945 | €892 | -€21,054 | -95.9% |
| Other amounts payable | 47/48 | €11,742 | €20,424 | +€8,682 | +73.9% |
| Non-recurring operating income | 76A | €4,072 | - | -€4,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,700 | €11,845 | +€145 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€40,040 | €31,021 | +€71,061 | |
| Other operating charges | 640/8 | €12,201 | €11,756 | -€445 | -3.6% |
| Gross operating margin | 9900 | €88,406 | €88,022 | -€384 | -0.4% |
| Operating profit (loss) | 9901 | €104,546 | €33,400 | -€71,146 | -68.1% |
| Financial income | 75/76B | €0 | €13 | +€12 | +4435.7% |
| Recurring financial income | 75 | €0 | €13 | +€12 | +4435.7% |
| Financial charges | 65/66B | €123 | €90 | -€33 | -26.5% |
| Recurring financial charges | 65 | €123 | €90 | -€33 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €104,424 | €33,322 | -€71,101 | -68.1% |
| Income taxes | 67/77 | €29,695 | €8,522 | -€21,173 | -71.3% |
| Profit (loss) for the period | 9904 | €74,728 | €24,800 | -€49,928 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,728 | €24,800 | -€49,928 | -66.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.