Y10 IMMO: what changed
What changed
Y10 IMMO
filed annual accounts (NBB)
Net result for the year
€21,507
2024 · -€4,771+€26,277
Equity
€25,110
2024 · €3,603+€21,507
Cash
€8,516
2024 · €9,733-€1,216
Balance sheet total
€1.4m
2024 · €876,724+€545,530
Largest movements
Assets
- Tangible fixed assets +€544,604
up €544,604 (+63.0%), from €864,548 to €1.4m
of which Land and buildings: +€551,568
Equity and liabilities
- Debts after one year +€452,149
up €452,149 (+64.6%), from €700,417 to €1.2m
- Other debts +€50,140
up €50,140 (+35.3%), from €142,034 to €192,174
- Profit (loss) carried forward +€21,507
up €21,507, from -€16,397 to €5,110
- Current portion of long-term debt +€19,603
up €19,603 (+64.0%), from €30,650 to €50,253
Income statement
- Gross operating margin +€27,975
up €27,975 (+44.4%), from €63,054 to €91,030
- Financial charges -€4,059
down €4,059 (-13.0%), from €31,204 to €27,145
- Depreciation +€3,456
up €3,456 (+13.1%), from €26,314 to €29,769
- Taxes +€1,879
new in 2025: €1,879
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,771
Gross operating margin
+€27,975
Depreciation
-€3,456
Other operating charges
-€422
Financial charges
+€4,059
Taxes
-€1,879
Result 2025
€21,507
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€101,141
Investment
-€574,109
Financing
+€471,751
Cash 2024
€9,733
From operations (derived)
+€101,141
Net result for the year
+€21,507
Depreciation
+€29,769
Deferred charges and accrued income
-€2,407
Trade debts
+€253
Tax, wage and social debts
+€1,879
Other debts
+€50,140
Investment (derived)
-€574,109
Investment in fixed assets (net)
-€574,109
Financing
+€471,751
Debts after one year
+€452,149
Current portion of long-term debt
+€19,603
Cash 2025
€8,516
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €876,724 | €1,422,255 | +€545,530 | +62.2% |
| Fixed assets | 21/28 | €865,340 | €1,409,680 | +€544,339 | +62.9% |
| Intangible fixed assets | 21 | €792 | €528 | -€264 | -33.3% |
| Tangible fixed assets | 22/27 | €864,548 | €1,409,152 | +€544,604 | +63.0% |
| Land and buildings | 22 | €802,143 | €1,353,711 | +€551,568 | +68.8% |
| Plant, machinery and equipment | 23 | €62,405 | €55,440 | -€6,964 | -11.2% |
| Current assets | 29/58 | €11,384 | €12,575 | +€1,191 | +10.5% |
| Cash at bank and in hand | 54/58 | €9,733 | €8,516 | -€1,216 | -12.5% |
| Deferred charges and accrued income | 490/1 | €1,651 | €4,058 | +€2,407 | +146% |
| Total equity and liabilities | 10/49 | €876,724 | €1,422,255 | +€545,530 | +62.2% |
| Equity | 10/15 | €3,603 | €25,110 | +€21,507 | +597% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,397 | €5,110 | +€21,507 | |
| Amounts payable | 17/49 | €873,121 | €1,397,145 | +€524,024 | +60.0% |
| Amounts payable after more than one year | 17 | €700,417 | €1,152,566 | +€452,149 | +64.6% |
| Financial debts | 170/4 | €700,417 | €1,152,566 | +€452,149 | +64.6% |
| Amounts payable within one year | 42/48 | €172,704 | €244,579 | +€71,875 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €30,650 | €50,253 | +€19,603 | +64.0% |
| Trade debts | 44 | €20 | €273 | +€253 | +1,264% |
| Suppliers | 440/4 | €20 | €273 | +€253 | +1,264% |
| Taxes, remuneration and social security | 45 | - | €1,879 | +€1,879 | |
| Taxes | 450/3 | - | €1,879 | +€1,879 | |
| Other amounts payable | 47/48 | €142,034 | €192,174 | +€50,140 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,314 | €29,769 | +€3,456 | +13.1% |
| Other operating charges | 640/8 | €10,307 | €10,730 | +€422 | +4.1% |
| Gross operating margin | 9900 | €63,054 | €91,030 | +€27,975 | +44.4% |
| Operating profit (loss) | 9901 | €26,433 | €50,531 | +€24,097 | +91.2% |
| Financial charges | 65/66B | €31,204 | €27,145 | -€4,059 | -13.0% |
| Recurring financial charges | 65 | €31,204 | €27,145 | -€4,059 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,771 | €23,386 | +€28,156 | |
| Income taxes | 67/77 | - | €1,879 | +€1,879 | |
| Profit (loss) for the period | 9904 | -€4,771 | €21,507 | +€26,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,771 | €21,507 | +€26,277 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.