IMMOVIL: 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.
IMMOVIL
Largest movements
- Cash +€15,362
up €15,362 (+1711.4%), from €898 to €16,260
mainly Provisions (+€20,000) and Net result for the year (+€3,921)
- Deferred charges and accrued income +€6,368
up €6,368 (+289.1%), from €2,202 to €8,570
- Provisions +€20,000
new in 2025: €20,000
- Other debts -€11,045
down €11,045 (-8.0%), from €138,253 to €127,208
- Provisions +€20,000
new in 2025: €20,000
- Gross operating margin +€8,220
up €8,220 (+31.0%), from €26,516 to €34,736
- Taxes +€1,864
up €1,864, from €0 to €1,864
- Depreciation -€1,014
down €1,014 (-21.0%), from €4,831 to €3,817
- Financial income -€400
down €400 (-100.0%), from €400 to €0
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 | €425,256 | €443,170 | +€17,913 | +4.2% |
| Fixed assets | 21/28 | €422,156 | €418,339 | -€3,817 | -0.9% |
| Tangible fixed assets | 22/27 | €422,036 | €418,219 | -€3,817 | -0.9% |
| Land and buildings | 22 | €413,860 | €411,142 | -€2,718 | -0.7% |
| Plant, machinery and equipment | 23 | €8,176 | €7,078 | -€1,098 | -13.4% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €3,100 | €24,830 | +€21,730 | +700.9% |
| Cash at bank and in hand | 54/58 | €898 | €16,260 | +€15,362 | +1711.4% |
| Deferred charges and accrued income | 490/1 | €2,202 | €8,570 | +€6,368 | +289.1% |
| Total equity and liabilities | 10/49 | €425,256 | €443,170 | +€17,913 | +4.2% |
| Equity | 10/15 | €200,781 | €204,702 | +€3,921 | +2.0% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Capital | 10 | €210,000 | €210,000 | = | 0.0% |
| Issued capital | 100 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,219 | -€5,298 | +€3,921 | +42.5% |
| Provisions and deferred taxes | 16 | - | €20,000 | +€20,000 | |
| Provisions for liabilities and charges | 160/5 | - | €20,000 | +€20,000 | |
| Major repairs and maintenance | 162 | - | €20,000 | +€20,000 | |
| Amounts payable | 17/49 | €224,476 | €218,468 | -€6,008 | -2.7% |
| Amounts payable after more than one year | 17 | €84,834 | €84,834 | = | 0.0% |
| Financial debts | 170/4 | €84,834 | €84,834 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,641 | €131,534 | -€8,108 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,239 | €2,312 | +€1,073 | +86.7% |
| Suppliers | 440/4 | €1,239 | €2,312 | +€1,073 | +86.7% |
| Taxes, remuneration and social security | 45 | €149 | €2,014 | +€1,864 | +1247.4% |
| Taxes | 450/3 | €149 | €2,014 | +€1,864 | +1247.4% |
| Other amounts payable | 47/48 | €138,253 | €127,208 | -€11,045 | -8.0% |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,831 | €3,817 | -€1,014 | -21.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €4,689 | €4,881 | +€192 | +4.1% |
| Gross operating margin | 9900 | €26,516 | €34,736 | +€8,220 | +31.0% |
| Operating profit (loss) | 9901 | €16,996 | €6,039 | -€10,957 | -64.5% |
| Financial income | 75/76B | €400 | €0 | -€400 | -100.0% |
| Recurring financial income | 75 | €400 | €0 | -€400 | -100.0% |
| Financial charges | 65/66B | €289 | €253 | -€36 | -12.4% |
| Recurring financial charges | 65 | €289 | €253 | -€36 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €17,106 | €5,785 | -€11,321 | -66.2% |
| Income taxes | 67/77 | €0 | €1,864 | +€1,864 | |
| Profit (loss) for the period | 9904 | €17,106 | €3,921 | -€13,185 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,106 | €3,921 | -€13,185 | -77.1% |
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 8 October 2026 via checked.be.