IMMOTERRIL: 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.
IMMOTERRIL
Largest movements
- Tangible fixed assets -€24,926
down €24,926 (-2.8%), from €877,793 to €852,868
- Receivables within one year +€15,302
up €15,302 (+60938.2%), from €25 to €15,327
- Profit (loss) carried forward -€37,616
down €37,616 (-10.3%), from -€363,897 to -€401,513
- Other debts +€31,425
up €31,425 (+209.5%), from €15,000 to €46,425
- Gross operating margin -€6,548
down €6,548 (-171.7%), from -€3,814 to -€10,362
- Financial charges -€382
down €382 (-45.9%), from €833 to €451
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 | €878,970 | €872,564 | -€6,406 | -0.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €877,793 | €852,868 | -€24,926 | -2.8% |
| Tangible fixed assets | 22/27 | €877,793 | €852,868 | -€24,926 | -2.8% |
| Land and buildings | 22 | €877,793 | €852,868 | -€24,926 | -2.8% |
| Current assets | 29/58 | €1,177 | €19,697 | +€18,520 | +1573.7% |
| Amounts receivable within one year | 40/41 | €25 | €15,327 | +€15,302 | +60938.2% |
| Other amounts receivable | 41 | €25 | €15,327 | +€15,302 | +60938.2% |
| Cash at bank and in hand | 54/58 | €1,152 | €4,370 | +€3,218 | +279.4% |
| Total equity and liabilities | 10/49 | €878,970 | €872,564 | -€6,406 | -0.7% |
| Equity | 10/15 | -€263,897 | -€301,513 | -€37,616 | -14.3% |
| 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 | -€363,897 | -€401,513 | -€37,616 | -10.3% |
| Amounts payable | 17/49 | €1,142,867 | €1,174,077 | +€31,210 | +2.7% |
| Amounts payable after more than one year | 17 | €1,126,331 | €1,126,331 | = | 0.0% |
| Financial debts | 170/4 | €1,126,331 | €1,126,331 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,110 | €47,746 | +€31,635 | +196.4% |
| Trade debts | 44 | €1,110 | €1,321 | +€210 | +18.9% |
| Suppliers | 440/4 | €1,110 | €1,321 | +€210 | +18.9% |
| Other amounts payable | 47/48 | €15,000 | €46,425 | +€31,425 | +209.5% |
| Accrued charges and deferred income | 492/3 | €425 | - | -€425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,926 | €24,926 | = | 0.0% |
| Other operating charges | 640/8 | €1,821 | €1,878 | +€57 | +3.1% |
| Gross operating margin | 9900 | -€3,814 | -€10,362 | -€6,548 | -171.7% |
| Operating profit (loss) | 9901 | -€30,561 | -€37,166 | -€6,605 | -21.6% |
| Financial charges | 65/66B | €833 | €451 | -€382 | -45.9% |
| Recurring financial charges | 65 | €833 | €451 | -€382 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,394 | -€37,616 | -€6,222 | -19.8% |
| Profit (loss) for the period | 9904 | -€31,394 | -€37,616 | -€6,222 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,394 | -€37,616 | -€6,222 | -19.8% |
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 7 October 2026 via checked.be.