IMMOTEK: 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.
IMMOTEK
Largest movements
- Receivables within one year +€184,771
up €184,771 (+243.8%), from €75,792 to €260,564
- Tangible fixed assets -€54,163
down €54,163 (-4.2%), from €1.3m to €1.2m
of which Land and buildings: -€56,161
- Cash +€20,392
up €20,392 (+96.9%), from €21,042 to €41,435
mainly Net result for the year (+€285,305) and Other debts (+€275,494)
- Other debts +€275,494
up €275,494 (+1377.5%), from €20,000 to €295,494
- Reserves -€106,481
down €106,481 (-11.5%), from €924,224 to €817,743
of which Distributable reserves: -€106,481
- Financial income +€129,847
up €129,847 (+785998.8%), from €17 to €129,864
- Taxes +€20,585
up €20,585 (+29.3%), from €70,161 to €90,747
- Gross operating margin +€16,260
up €16,260 (+4.8%), from €337,518 to €353,778
- Depreciation -€15,538
down €15,538 (-20.9%), from €74,365 to €58,827
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 | €1,616,798 | €1,772,425 | +€155,627 | +9.6% |
| Fixed assets | 21/28 | €1,303,817 | €1,249,654 | -€54,163 | -4.2% |
| Tangible fixed assets | 22/27 | €1,281,056 | €1,226,893 | -€54,163 | -4.2% |
| Land and buildings | 22 | €1,268,608 | €1,212,447 | -€56,161 | -4.4% |
| Plant, machinery and equipment | 23 | €155 | €0 | -€155 | -100.0% |
| Furniture and vehicles | 24 | €12,293 | €14,445 | +€2,153 | +17.5% |
| Financial fixed assets | 28 | €22,761 | €22,761 | = | 0.0% |
| Current assets | 29/58 | €312,981 | €522,771 | +€209,790 | +67.0% |
| Amounts receivable within one year | 40/41 | €75,792 | €260,564 | +€184,771 | +243.8% |
| Other amounts receivable | 41 | €75,792 | €260,564 | +€184,771 | +243.8% |
| Current investments | 50/53 | €216,146 | €216,146 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,042 | €41,435 | +€20,392 | +96.9% |
| Deferred charges and accrued income | 490/1 | - | €4,627 | +€4,627 | |
| Total equity and liabilities | 10/49 | €1,616,798 | €1,772,425 | +€155,627 | +9.6% |
| Equity | 10/15 | €1,524,242 | €1,417,743 | -€106,499 | -7.0% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €924,224 | €817,743 | -€106,481 | -11.5% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €824,224 | €717,743 | -€106,481 | -12.9% |
| Profit (loss) carried forward | 14 | €17 | €0 | -€17 | -100.0% |
| Amounts payable | 17/49 | €92,556 | €354,682 | +€262,126 | +283.2% |
| Amounts payable within one year | 42/48 | €92,556 | €351,872 | +€259,316 | +280.2% |
| Current portion of amounts payable after more than one year | 42 | €16,910 | €0 | -€16,910 | -100.0% |
| Financial debts | 43 | - | €16,821 | +€16,821 | |
| Credit institutions | 430/8 | - | €16,821 | +€16,821 | |
| Trade debts | 44 | €3,789 | €3,819 | +€30 | +0.8% |
| Suppliers | 440/4 | €3,789 | €3,819 | +€30 | +0.8% |
| Taxes, remuneration and social security | 45 | €51,857 | €35,738 | -€16,120 | -31.1% |
| Taxes | 450/3 | €51,857 | €35,738 | -€16,120 | -31.1% |
| Other amounts payable | 47/48 | €20,000 | €295,494 | +€275,494 | +1377.5% |
| Accrued charges and deferred income | 492/3 | - | €2,810 | +€2,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,365 | €58,827 | -€15,538 | -20.9% |
| Other operating charges | 640/8 | €44,075 | €47,538 | +€3,463 | +7.9% |
| Gross operating margin | 9900 | €337,518 | €353,778 | +€16,260 | +4.8% |
| Operating profit (loss) | 9901 | €219,079 | €247,413 | +€28,335 | +12.9% |
| Financial income | 75/76B | €17 | €129,864 | +€129,847 | +785998.8% |
| Recurring financial income | 75 | €17 | €129,864 | +€129,847 | +785998.8% |
| Financial charges | 65/66B | €1,337 | €1,226 | -€112 | -8.3% |
| Recurring financial charges | 65 | €1,337 | €1,226 | -€112 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €217,758 | €376,051 | +€158,293 | +72.7% |
| Income taxes | 67/77 | €70,161 | €90,747 | +€20,585 | +29.3% |
| Profit (loss) for the period | 9904 | €147,597 | €285,305 | +€137,708 | +93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,597 | €285,305 | +€137,708 | +93.3% |
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 5 October 2026 via checked.be.