L'Immo'B: 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.
L'Immo'B
Largest movements
- Tangible fixed assets +€131,360
up €131,360 (+162%), from €81,211 to €212,571
of which Land and buildings: +€131,617
- Cash -€3,829
down €3,829 (-23.0%), from €16,628 to €12,798
mainly Investment in fixed assets (net) (-€140,154) and Receivables within one year (-€2,882)
- Receivables within one year +€2,882
up €2,882 (+67.3%), from €4,284 to €7,166
of which Trade receivables: +€5,657
- Debts after one year +€81,471
up €81,471 (+327%), from €24,910 to €106,381
- Other debts +€50,453
up €50,453 (+158%), from €31,981 to €82,433
- Current portion of long-term debt +€3,359
up €3,359 (+87.4%), from €3,845 to €7,204
- Profit (loss) carried forward -€2,626
down €2,626 (-7.7%), from €34,025 to €31,399
- Turnover -€24,904
no longer reported in 2025 (was €24,904)
- Purchases and services -€19,037
no longer reported in 2025 (was €19,037)
- Depreciation +€5,727
up €5,727 (+187%), from €3,067 to €8,794
- Financial charges +€2,574
up €2,574 (+288%), from €894 to €3,469
- Taxes -€1,494
no longer reported in 2025 (was €1,494)
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.
Derived cash bridge
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 | €102,123 | €232,535 | +€130,412 | +128% |
| Fixed assets | 21/28 | €81,211 | €212,571 | +€131,360 | +162% |
| Tangible fixed assets | 22/27 | €81,211 | €212,571 | +€131,360 | +162% |
| Land and buildings | 22 | €80,025 | €211,642 | +€131,617 | +164% |
| Plant, machinery and equipment | 23 | €1,186 | €929 | -€258 | -21.7% |
| Current assets | 29/58 | €20,912 | €19,965 | -€947 | -4.5% |
| Amounts receivable within one year | 40/41 | €4,284 | €7,166 | +€2,882 | +67.3% |
| Trade receivables | 40 | €863 | €6,521 | +€5,657 | +655% |
| Other amounts receivable | 41 | €3,421 | €646 | -€2,775 | -81.1% |
| Cash at bank and in hand | 54/58 | €16,628 | €12,798 | -€3,829 | -23.0% |
| Total equity and liabilities | 10/49 | €102,123 | €232,535 | +€130,412 | +128% |
| Equity | 10/15 | €39,025 | €36,399 | -€2,626 | -6.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,025 | €31,399 | -€2,626 | -7.7% |
| Amounts payable | 17/49 | €63,098 | €196,136 | +€133,039 | +211% |
| Amounts payable after more than one year | 17 | €24,910 | €106,381 | +€81,471 | +327% |
| Financial debts | 170/4 | €24,910 | €106,381 | +€81,471 | +327% |
| Amounts payable within one year | 42/48 | €38,188 | €89,756 | +€51,568 | +135% |
| Current portion of amounts payable after more than one year | 42 | €3,845 | €7,204 | +€3,359 | +87.4% |
| Trade debts | 44 | €2,362 | €116 | -€2,246 | -95.1% |
| Suppliers | 440/4 | €2,362 | €116 | -€2,246 | -95.1% |
| Taxes, remuneration and social security | 45 | - | €2 | +€2 | |
| Taxes | 450/3 | - | €2 | +€2 | |
| Other amounts payable | 47/48 | €31,981 | €82,433 | +€50,453 | +158% |
| Turnover | 70 | €24,904 | - | -€24,904 | |
| Goods, raw materials, services and sundry goods | 60/61 | €19,037 | - | -€19,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,067 | €8,794 | +€5,727 | +187% |
| Other operating charges | 640/8 | €757 | €1,758 | +€1,001 | +132% |
| Gross operating margin | 9900 | €11,392 | €11,028 | -€364 | -3.2% |
| Operating profit (loss) | 9901 | €7,568 | €475 | -€7,093 | -93.7% |
| Financial income | 75/76B | €41 | €367 | +€326 | +797% |
| Recurring financial income | 75 | €41 | €367 | +€326 | +797% |
| Financial charges | 65/66B | €894 | €3,469 | +€2,574 | +288% |
| Recurring financial charges | 65 | €894 | €3,469 | +€2,574 | +288% |
| Profit (loss) for the period before taxes | 9903 | €6,715 | -€2,626 | -€9,341 | |
| Income taxes | 67/77 | €1,494 | - | -€1,494 | |
| Profit (loss) for the period | 9904 | €5,221 | -€2,626 | -€7,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,221 | -€2,626 | -€7,847 |
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 17 October 2026 via checked.be.