SA-LI IMMO MANAGEMENT: 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.
SA-LI IMMO MANAGEMENT
Largest movements
- Receivables within one year +€16,843
up €16,843 (+89.1%), from €18,895 to €35,738
- Tangible fixed assets -€10,205
down €10,205 (-3.8%), from €265,552 to €255,347
- Reserves +€29,036
up €29,036 (+19.5%), from €149,132 to €178,168
of which Distributable reserves: +€29,036
- Debts after one year -€21,732
down €21,732 (-17.7%), from €122,604 to €100,871
- Gross operating margin +€24,033
up €24,033 (+89.4%), from €26,892 to €50,925
- Taxes +€7,631
up €7,631 (+191%), from €3,996 to €11,626
- Other operating charges -€2,231
down €2,231 (-50.0%), from €4,462 to €2,231
- Financial income +€1,315
up €1,315 (+50.0%), from €2,631 to €3,946
- Financial charges -€748
down €748 (-29.7%), from €2,521 to €1,773
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,952 | €435,536 | +€10,584 | +2.5% |
| Fixed assets | 21/28 | €265,552 | €255,347 | -€10,205 | -3.8% |
| Tangible fixed assets | 22/27 | €265,552 | €255,347 | -€10,205 | -3.8% |
| Land and buildings | 22 | €265,552 | €255,347 | -€10,205 | -3.8% |
| Current assets | 29/58 | €159,400 | €180,189 | +€20,789 | +13.0% |
| Amounts receivable after more than one year | 29 | €131,537 | €131,537 | = | 0.0% |
| Trade receivables | 290 | €131,537 | €131,537 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,895 | €35,738 | +€16,843 | +89.1% |
| Trade receivables | 40 | €18,895 | €35,738 | +€16,843 | +89.1% |
| Deferred charges and accrued income | 490/1 | €8,968 | €12,914 | +€3,946 | +44.0% |
| Total equity and liabilities | 10/49 | €424,952 | €435,536 | +€10,584 | +2.5% |
| Equity | 10/15 | €206,133 | €235,169 | +€29,036 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €149,132 | €178,168 | +€29,036 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €147,272 | €176,308 | +€29,036 | +19.7% |
| Profit (loss) carried forward | 14 | €50,801 | €50,801 | = | 0.0% |
| Amounts payable | 17/49 | €218,819 | €200,368 | -€18,451 | -8.4% |
| Amounts payable after more than one year | 17 | €122,604 | €100,871 | -€21,732 | -17.7% |
| Financial debts | 170/4 | €122,604 | €100,871 | -€21,732 | -17.7% |
| Amounts payable within one year | 42/48 | €96,216 | €97,265 | +€1,050 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €21,490 | €20,670 | -€820 | -3.8% |
| Financial debts | 43 | €4,998 | €5,208 | +€210 | +4.2% |
| Credit institutions | 430/8 | €4,998 | €5,208 | +€210 | +4.2% |
| Trade debts | 44 | €53,668 | €53,079 | -€589 | -1.1% |
| Suppliers | 440/4 | €53,668 | €53,079 | -€589 | -1.1% |
| Taxes, remuneration and social security | 45 | €15,902 | €17,347 | +€1,445 | +9.1% |
| Taxes | 450/3 | €15,902 | €17,347 | +€1,445 | +9.1% |
| Other amounts payable | 47/48 | €158 | €962 | +€804 | +510% |
| Accrued charges and deferred income | 492/3 | - | €2,231 | +€2,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,205 | €10,205 | = | 0.0% |
| Other operating charges | 640/8 | €4,462 | €2,231 | -€2,231 | -50.0% |
| Gross operating margin | 9900 | €26,892 | €50,925 | +€24,033 | +89.4% |
| Operating profit (loss) | 9901 | €12,225 | €38,489 | +€26,264 | +215% |
| Financial income | 75/76B | €2,631 | €3,946 | +€1,315 | +50.0% |
| Recurring financial income | 75 | €2,631 | €3,946 | +€1,315 | +50.0% |
| Financial charges | 65/66B | €2,521 | €1,773 | -€748 | -29.7% |
| Recurring financial charges | 65 | €2,521 | €1,773 | -€748 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €12,334 | €40,662 | +€28,327 | +230% |
| Income taxes | 67/77 | €3,996 | €11,626 | +€7,631 | +191% |
| Profit (loss) for the period | 9904 | €8,339 | €29,036 | +€20,697 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €8,339 | €29,036 | +€20,697 | +248% |
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 1 November 2026 via checked.be.