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.
What changed
IMMOTEX
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€81,896
2024 · €36,815+€45,082
Equity
€615,035
2024 · €533,138+€81,896
Cash
€44,248
2024 · €29,646+€14,603
Balance sheet total
€624,494
2024 · €602,029+€22,465
Largest movements
Assets
- Current investments +€18,708
up €18,708 (+4.0%), from €466,292 to €485,000
- Cash +€14,603
up €14,603 (+49.3%), from €29,646 to €44,248
mainly Net result for the year (+€81,896) and Depreciation (+€7,695)
- Tangible fixed assets -€7,695
down €7,695 (-7.8%), from €98,224 to €90,529
of which Plant, machinery and equipment: -€4,455
Equity and liabilities
- Profit (loss) carried forward +€81,896
up €81,896 (+56.2%), from €145,638 to €227,535
- Provisions -€55,000
down €55,000 (-100.0%), from €55,000 to €0
Income statement
- Provisions -€60,000
down €60,000, from €5,000 to -€55,000
- Services and other goods +€18,253
up €18,253 (+45.7%), from €39,917 to €58,171
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.
Result 2024
€36,815
Depreciation
+€1,860
Provisions
+€60,000
Other operating charges
-€937
Other operating items
-€18,303
Financial income
+€4,853
Financial charges
-€99
Taxes
-€2,293
Result 2025
€81,896
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.
From operations
+€33,311
Investment
-€18,708
Financing
€0
Cash 2024
€29,646
From operations (derived)
+€33,311
Net result for the year
+€81,896
Depreciation
+€7,695
Receivables within one year
+€2,797
Deferred charges and accrued income
+€354
Provisions
-€55,000
Trade debts
-€5,039
Tax, wage and social debts
+€1,366
Other debts
-€800
Accrued charges and deferred income
+€41
Investment (derived)
-€18,708
Current investments
-€18,708
Cash 2025
€44,248
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €602,029 | €624,494 | +€22,465 | +3.7% |
| Fixed assets | 21/28 | €98,224 | €90,529 | -€7,695 | -7.8% |
| Tangible fixed assets | 22/27 | €98,224 | €90,529 | -€7,695 | -7.8% |
| Land and buildings | 22 | €91,471 | €88,231 | -€3,240 | -3.5% |
| Plant, machinery and equipment | 23 | €6,753 | €2,298 | -€4,455 | -66.0% |
| Current assets | 29/58 | €503,805 | €533,965 | +€30,160 | +6.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,448 | €1,651 | -€2,797 | -62.9% |
| Other amounts receivable | 41 | €4,448 | €1,651 | -€2,797 | -62.9% |
| Current investments | 50/53 | €466,292 | €485,000 | +€18,708 | +4.0% |
| Other investments | 51/53 | €466,292 | €485,000 | +€18,708 | +4.0% |
| Cash at bank and in hand | 54/58 | €29,646 | €44,248 | +€14,603 | +49.3% |
| Deferred charges and accrued income | 490/1 | €3,419 | €3,065 | -€354 | -10.3% |
| Total equity and liabilities | 10/49 | €602,029 | €624,494 | +€22,465 | +3.7% |
| Equity | 10/15 | €533,138 | €615,035 | +€81,896 | +15.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €262,500 | €262,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,638 | €227,535 | +€81,896 | +56.2% |
| Provisions and deferred taxes | 16 | €55,000 | €0 | -€55,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €55,000 | €0 | -€55,000 | -100.0% |
| Major repairs and maintenance | 162 | €55,000 | €0 | -€55,000 | -100.0% |
| Amounts payable | 17/49 | €13,891 | €9,459 | -€4,432 | -31.9% |
| Amounts payable within one year | 42/48 | €13,868 | €9,395 | -€4,473 | -32.3% |
| Trade debts | 44 | €13,036 | €7,997 | -€5,039 | -38.7% |
| Suppliers | 440/4 | €13,036 | €7,997 | -€5,039 | -38.7% |
| Taxes, remuneration and social security | 45 | - | €1,366 | +€1,366 | |
| Taxes | 450/3 | - | €1,366 | +€1,366 | |
| Other amounts payable | 47/48 | €832 | €32 | -€800 | -96.1% |
| Accrued charges and deferred income | 492/3 | €23 | €64 | +€41 | +176.6% |
| Operating income | 70/76A | €131,400 | €131,400 | = | 0.0% |
| Other operating income | 74 | €131,400 | €131,400 | = | 0.0% |
| Operating charges | 60/66A | €84,713 | €42,093 | -€42,620 | -50.3% |
| Services and other goods | 61 | €39,917 | €58,171 | +€18,253 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,556 | €7,695 | -€1,860 | -19.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,000 | -€55,000 | -€60,000 | |
| Other operating charges | 640/8 | €30,240 | €31,177 | +€937 | +3.1% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Operating profit (loss) | 9901 | €46,687 | €89,307 | +€42,620 | +91.3% |
| Financial income | 75/76B | €4,698 | €9,552 | +€4,853 | +103.3% |
| Recurring financial income | 75 | €4,698 | €9,552 | +€4,853 | +103.3% |
| Income from current assets | 751 | €4,698 | €9,552 | +€4,853 | +103.3% |
| Financial charges | 65/66B | €632 | €731 | +€99 | +15.7% |
| Recurring financial charges | 65 | €632 | €731 | +€99 | +15.7% |
| Other financial charges | 652/9 | €632 | €731 | +€99 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €50,753 | €98,128 | +€47,375 | +93.3% |
| Income taxes | 67/77 | €13,938 | €16,231 | +€2,293 | +16.5% |
| Taxes | 670/3 | €13,938 | €16,231 | +€2,293 | +16.5% |
| Profit (loss) for the period | 9904 | €36,815 | €81,896 | +€45,082 | +122.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,815 | €81,896 | +€45,082 | +122.5% |
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 11 October 2026 via checked.be.