SRL IMMO-HODEIGE: 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.
SRL IMMO-HODEIGE
Largest movements
- Cash +€37,429
up €37,429 (+54.1%), from €69,243 to €106,672
mainly Other debts (+€84,195) and Depreciation (+€40,720)
- Tangible fixed assets +€36,026
up €36,026 (+6.1%), from €595,231 to €631,256
of which Plant, machinery and equipment: +€67,671
- Other debts +€84,195
up €84,195 (+23.5%), from €358,049 to €442,243
- Debts after one year -€34,861
down €34,861 (-20.5%), from €170,045 to €135,184
of which Financial debts: -€34,761
- Reserves +€20,902
up €20,902 (+26.3%), from €79,360 to €100,263
of which Distributable reserves: +€20,902
- Tax, wage and social debts +€8,957
up €8,957 (+297%), from €3,014 to €11,971
- Gross operating margin +€33,865
up €33,865 (+47.7%), from €71,047 to €104,912
- Financial charges +€18,573
up €18,573 (+125%), from €14,810 to €33,383
- Financial income +€2,713
up €2,713 (+1,080%), from €251 to €2,964
- Taxes -€1,407
down €1,407 (-50.8%), from €2,773 to €1,365
- Depreciation +€1,247
up €1,247 (+3.2%), from €39,473 to €40,720
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 | €670,201 | €749,569 | +€79,368 | +11.8% |
| Fixed assets | 21/28 | €595,231 | €631,256 | +€36,026 | +6.1% |
| Tangible fixed assets | 22/27 | €595,231 | €631,256 | +€36,026 | +6.1% |
| Land and buildings | 22 | €592,027 | €557,694 | -€34,333 | -5.8% |
| Plant, machinery and equipment | 23 | €2,123 | €69,794 | +€67,671 | +3,187% |
| Furniture and vehicles | 24 | €1,080 | €3,769 | +€2,689 | +249% |
| Current assets | 29/58 | €74,970 | €118,312 | +€43,342 | +57.8% |
| Amounts receivable within one year | 40/41 | - | €4,538 | +€4,538 | |
| Trade receivables | 40 | - | €4,538 | +€4,538 | |
| Cash at bank and in hand | 54/58 | €69,243 | €106,672 | +€37,429 | +54.1% |
| Deferred charges and accrued income | 490/1 | €5,727 | €7,103 | +€1,375 | +24.0% |
| Total equity and liabilities | 10/49 | €670,201 | €749,569 | +€79,368 | +11.8% |
| Equity | 10/15 | €97,960 | €118,863 | +€20,902 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,360 | €100,263 | +€20,902 | +26.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €77,500 | €98,403 | +€20,902 | +27.0% |
| Amounts payable | 17/49 | €572,240 | €630,706 | +€58,466 | +10.2% |
| Amounts payable after more than one year | 17 | €170,045 | €135,184 | -€34,861 | -20.5% |
| Financial debts | 170/4 | €156,975 | €122,214 | -€34,761 | -22.1% |
| Other amounts payable | 178/9 | €13,070 | €12,970 | -€100 | -0.8% |
| Amounts payable within one year | 42/48 | €402,196 | €495,522 | +€93,326 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €33,520 | €34,761 | +€1,241 | +3.7% |
| Trade debts | 44 | €4,278 | €1,712 | -€2,566 | -60.0% |
| Suppliers | 440/4 | €4,278 | €1,712 | -€2,566 | -60.0% |
| Advances received on contracts in progress | 46 | €3,335 | €4,835 | +€1,500 | +45.0% |
| Taxes, remuneration and social security | 45 | €3,014 | €11,971 | +€8,957 | +297% |
| Taxes | 450/3 | €3,014 | €11,971 | +€8,957 | +297% |
| Other amounts payable | 47/48 | €358,049 | €442,243 | +€84,195 | +23.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,383 | €60,581 | -€802 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,473 | €40,720 | +€1,247 | +3.2% |
| Other operating charges | 640/8 | €11,006 | €11,505 | +€499 | +4.5% |
| Gross operating margin | 9900 | €71,047 | €104,912 | +€33,865 | +47.7% |
| Operating profit (loss) | 9901 | €20,569 | €52,687 | +€32,118 | +156% |
| Financial income | 75/76B | €251 | €2,964 | +€2,713 | +1,080% |
| Recurring financial income | 75 | €251 | €2,964 | +€2,713 | +1,080% |
| Financial charges | 65/66B | €14,810 | €33,383 | +€18,573 | +125% |
| Recurring financial charges | 65 | €14,810 | €33,383 | +€18,573 | +125% |
| Profit (loss) for the period before taxes | 9903 | €6,010 | €22,268 | +€16,258 | +271% |
| Income taxes | 67/77 | €2,773 | €1,365 | -€1,407 | -50.8% |
| Profit (loss) for the period | 9904 | €3,237 | €20,902 | +€17,665 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €3,237 | €20,902 | +€17,665 | +546% |
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 18 October 2026 via checked.be.