L'Immociére: 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'Immociére
Largest movements
- Tangible fixed assets +€54,168
up €54,168 (+75.1%), from €72,121 to €126,288
of which Furniture and vehicles: +€57,958
- Cash -€46,059
down €46,059 (-48.6%), from €94,828 to €48,769
mainly Contributions, distributions and other (-€85,562) and Investment in fixed assets (net) (-€66,483)
- Receivables within one year -€3,380
down €3,380 (-45.3%), from €7,468 to €4,088
of which Trade receivables: -€3,490
- Reserves -€100,498
down €100,498 (-83.0%), from €121,019 to €20,521
of which Distributable reserves: -€106,698
- Other debts +€81,166
up €81,166 (+68,459%), from €119 to €81,284
- Contributions +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€4,423
up €4,423 (+191%), from €2,314 to €6,737
- Gross operating margin -€3,124
down €3,124 (-11.5%), from €27,236 to €24,111
- Depreciation +€2,159
up €2,159 (+21.3%), from €10,156 to €12,315
- Taxes -€1,517
down €1,517 (-35.1%), from €4,320 to €2,802
- Other operating charges +€316
up €316 (+9.3%), from €3,389 to €3,706
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 | €176,856 | €182,822 | +€5,966 | +3.4% |
| Fixed assets | 21/28 | €72,121 | €126,288 | +€54,168 | +75.1% |
| Tangible fixed assets | 22/27 | €72,121 | €126,288 | +€54,168 | +75.1% |
| Land and buildings | 22 | €34,705 | €34,705 | = | 0.0% |
| Plant, machinery and equipment | 23 | €37,416 | €33,625 | -€3,791 | -10.1% |
| Furniture and vehicles | 24 | - | €57,958 | +€57,958 | |
| Current assets | 29/58 | €104,736 | €56,534 | -€48,202 | -46.0% |
| Amounts receivable within one year | 40/41 | €7,468 | €4,088 | -€3,380 | -45.3% |
| Trade receivables | 40 | €4,688 | €1,198 | -€3,490 | -74.4% |
| Other amounts receivable | 41 | €2,781 | €2,890 | +€110 | +3.9% |
| Cash at bank and in hand | 54/58 | €94,828 | €48,769 | -€46,059 | -48.6% |
| Deferred charges and accrued income | 490/1 | €2,439 | €3,676 | +€1,237 | +50.7% |
| Total equity and liabilities | 10/49 | €176,856 | €182,822 | +€5,966 | +3.4% |
| Equity | 10/15 | €174,424 | €93,926 | -€80,498 | -46.2% |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €121,019 | €20,521 | -€100,498 | -83.0% |
| Non-distributable reserves | 130/1 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €121,019 | €14,321 | -€106,698 | -88.2% |
| Profit (loss) carried forward | 14 | €53,405 | €53,405 | = | 0.0% |
| Amounts payable | 17/49 | €2,432 | €88,896 | +€86,464 | +3,555% |
| Amounts payable within one year | 42/48 | €2,432 | €88,433 | +€86,000 | +3,536% |
| Trade debts | 44 | - | €412 | +€412 | |
| Suppliers | 440/4 | - | €412 | +€412 | |
| Taxes, remuneration and social security | 45 | €2,314 | €6,737 | +€4,423 | +191% |
| Taxes | 450/3 | €2,314 | €6,737 | +€4,423 | +191% |
| Other amounts payable | 47/48 | €119 | €81,284 | +€81,166 | +68,459% |
| Accrued charges and deferred income | 492/3 | - | €463 | +€463 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,156 | €12,315 | +€2,159 | +21.3% |
| Other operating charges | 640/8 | €3,389 | €3,706 | +€316 | +9.3% |
| Gross operating margin | 9900 | €27,236 | €24,111 | -€3,124 | -11.5% |
| Operating profit (loss) | 9901 | €13,690 | €8,091 | -€5,600 | -40.9% |
| Financial income | 75/76B | €20 | €36 | +€16 | +77.8% |
| Recurring financial income | 75 | €20 | €36 | +€16 | +77.8% |
| Financial charges | 65/66B | €134 | €260 | +€126 | +93.6% |
| Recurring financial charges | 65 | €134 | €260 | +€126 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | €13,576 | €7,866 | -€5,710 | -42.1% |
| Income taxes | 67/77 | €4,320 | €2,802 | -€1,517 | -35.1% |
| Profit (loss) for the period | 9904 | €9,257 | €5,064 | -€4,192 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,257 | €5,064 | -€4,192 | -45.3% |
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.