Immotex: 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.
Immotex
Largest movements
- Cash +€634,193
up €634,193 (+425861.6%), from €149 to €634,342
mainly Receivables within one year (+€556,016) and Net result for the year (+€252,823)
- Receivables within one year -€556,016
down €556,016 (-100.0%), from €556,016 to €0
- Tangible fixed assets -€95,566
down €95,566 (-4.5%), from €2.1m to €2.0m
of which Land and buildings: -€95,566
- Reserves +€252,823
up €252,823 (+12.6%), from €2.0m to €2.3m
of which Distributable reserves: +€273,685
- Current portion of long-term debt -€136,321
down €136,321 (-89.9%), from €151,695 to €15,374
- Tax, wage and social debts -€52,154
down €52,154 (-87.2%), from €59,791 to €7,638
- Other debts -€49,401
down €49,401 (-100.0%), from €49,401 to €0
- Gross operating margin -€525,227
down €525,227 (-58.6%), from €896,970 to €371,743
- Taxes -€190,279
down €190,279 (-66.6%), from €285,712 to €95,433
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 | €2,681,822 | €2,665,094 | -€16,728 | -0.6% |
| Fixed assets | 21/28 | €2,125,657 | €2,030,091 | -€95,566 | -4.5% |
| Tangible fixed assets | 22/27 | €2,125,657 | €2,030,091 | -€95,566 | -4.5% |
| Land and buildings | 22 | €2,125,657 | €2,030,091 | -€95,566 | -4.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €556,165 | €635,003 | +€78,838 | +14.2% |
| Amounts receivable within one year | 40/41 | €556,016 | €0 | -€556,016 | -100.0% |
| Other amounts receivable | 41 | €556,016 | €0 | -€556,016 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €149 | €634,342 | +€634,193 | +425861.6% |
| Deferred charges and accrued income | 490/1 | €0 | €661 | +€661 | |
| Total equity and liabilities | 10/49 | €2,681,822 | €2,665,094 | -€16,728 | -0.6% |
| Equity | 10/15 | €2,260,149 | €2,512,971 | +€252,823 | +11.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €2,012,255 | €2,265,078 | +€252,823 | +12.6% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Own shares acquired | 1312 | €0 | - | = | |
| Tax-exempt reserves | 132 | €407,676 | €386,814 | -€20,862 | -5.1% |
| Distributable reserves | 133 | €1,579,790 | €1,853,474 | +€273,685 | +17.3% |
| Provisions and deferred taxes | 16 | €135,892 | €128,938 | -€6,954 | -5.1% |
| Deferred taxes | 168 | €135,892 | €128,938 | -€6,954 | -5.1% |
| Amounts payable | 17/49 | €285,781 | €23,184 | -€262,597 | -91.9% |
| Amounts payable after more than one year | 17 | €15,374 | €0 | -€15,374 | -100.0% |
| Financial debts | 170/4 | €15,374 | €0 | -€15,374 | -100.0% |
| Amounts payable within one year | 42/48 | €266,607 | €23,184 | -€243,423 | -91.3% |
| Current portion of amounts payable after more than one year | 42 | €151,695 | €15,374 | -€136,321 | -89.9% |
| Financial debts | 43 | €25 | €0 | -€25 | -100.0% |
| Credit institutions | 430/8 | €25 | €0 | -€25 | -100.0% |
| Trade debts | 44 | €5,695 | €173 | -€5,522 | -97.0% |
| Suppliers | 440/4 | €5,695 | €173 | -€5,522 | -97.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €59,791 | €7,638 | -€52,154 | -87.2% |
| Taxes | 450/3 | €59,791 | €7,638 | -€52,154 | -87.2% |
| Other amounts payable | 47/48 | €49,401 | €0 | -€49,401 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,800 | €0 | -€3,800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,110 | €32,913 | -€197 | -0.6% |
| Other operating charges | 640/8 | €6,417 | €4,146 | -€2,270 | -35.4% |
| Gross operating margin | 9900 | €896,970 | €371,743 | -€525,227 | -58.6% |
| Operating profit (loss) | 9901 | €857,443 | €334,683 | -€522,760 | -61.0% |
| Financial income | 75/76B | €1,514 | €9,947 | +€8,434 | +557.2% |
| Recurring financial income | 75 | €1,514 | €9,947 | +€8,434 | +557.2% |
| Financial charges | 65/66B | €3,511 | €3,329 | -€183 | -5.2% |
| Recurring financial charges | 65 | €3,511 | €3,329 | -€183 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €855,445 | €341,302 | -€514,143 | -60.1% |
| Transfer from deferred taxes | 780 | €6,954 | €6,954 | = | 0.0% |
| Income taxes | 67/77 | €285,712 | €95,433 | -€190,279 | -66.6% |
| Profit (loss) for the period | 9904 | €576,687 | €252,823 | -€323,865 | -56.2% |
| Transfer from tax-exempt reserves | 789 | €20,862 | €20,862 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €597,549 | €273,685 | -€323,865 | -54.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.