3R IMMO: 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.
3R IMMO
Largest movements
- Tangible fixed assets -€63,731
down €63,731 (-7.6%), from €835,965 to €772,234
- Cash +€11,154
up €11,154 (+395.6%), from €2,820 to €13,974
mainly Depreciation (+€63,731) and Net result for the year (+€15,288)
- Debts after one year -€51,956
down €51,956 (-6.7%), from €773,553 to €721,597
- Other debts -€25,000
down €25,000 (-45.5%), from €55,000 to €30,000
- Profit (loss) carried forward +€15,288
up €15,288 (+42.1%), from -€36,323 to -€21,036
- Gross operating margin +€3,515
up €3,515 (+3.8%), from €92,521 to €96,036
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.
Cash bridge derived
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 | €867,661 | €809,432 | -€58,229 | -6.7% |
| Fixed assets | 21/28 | €835,965 | €772,234 | -€63,731 | -7.6% |
| Tangible fixed assets | 22/27 | €835,965 | €772,234 | -€63,731 | -7.6% |
| Land and buildings | 22 | €835,965 | €772,234 | -€63,731 | -7.6% |
| Current assets | 29/58 | €31,696 | €37,198 | +€5,502 | +17.4% |
| Amounts receivable within one year | 40/41 | €86 | €77 | -€10 | -11.2% |
| Other amounts receivable | 41 | €86 | €77 | -€10 | -11.2% |
| Cash at bank and in hand | 54/58 | €2,820 | €13,974 | +€11,154 | +395.6% |
| Deferred charges and accrued income | 490/1 | €28,790 | €23,148 | -€5,642 | -19.6% |
| Total equity and liabilities | 10/49 | €867,661 | €809,432 | -€58,229 | -6.7% |
| Equity | 10/15 | -€17,723 | -€2,436 | +€15,288 | +86.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,323 | -€21,036 | +€15,288 | +42.1% |
| Amounts payable | 17/49 | €885,384 | €811,868 | -€73,516 | -8.3% |
| Amounts payable after more than one year | 17 | €773,553 | €721,597 | -€51,956 | -6.7% |
| Financial debts | 170/4 | €773,553 | €721,597 | -€51,956 | -6.7% |
| Amounts payable within one year | 42/48 | €111,832 | €90,271 | -€21,560 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €51,294 | €51,956 | +€662 | +1.3% |
| Trade debts | 44 | €5,537 | €8,315 | +€2,778 | +50.2% |
| Suppliers | 440/4 | €5,537 | €8,315 | +€2,778 | +50.2% |
| Other amounts payable | 47/48 | €55,000 | €30,000 | -€25,000 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,731 | €63,731 | = | 0.0% |
| Other operating charges | 640/8 | €6,533 | €6,732 | +€199 | +3.0% |
| Gross operating margin | 9900 | €92,521 | €96,036 | +€3,515 | +3.8% |
| Operating profit (loss) | 9901 | €22,257 | €25,573 | +€3,317 | +14.9% |
| Financial charges | 65/66B | €10,968 | €10,286 | -€682 | -6.2% |
| Recurring financial charges | 65 | €10,968 | €10,286 | -€682 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €11,289 | €15,288 | +€3,999 | +35.4% |
| Profit (loss) for the period | 9904 | €11,289 | €15,288 | +€3,999 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,289 | €15,288 | +€3,999 | +35.4% |
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 9 October 2026 via checked.be.