88 REAL ESTATES: 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.
88 REAL ESTATES
Largest movements
- Tangible fixed assets +€120,000
new in 2025: €120,000
of which Land and buildings: +€120,000
- Receivables within one year -€18,021
down €18,021 (-26.2%), from €68,802 to €50,781
of which Other amounts receivable: -€17,828
- Revaluation surpluses +€100,000
new in 2025: €100,000
- Profit (loss) carried forward +€4,515
up €4,515 (+17.5%), from €25,785 to €30,300
- Trade debts -€3,134
down €3,134 (-33.9%), from €9,233 to €6,100
- Turnover +€19,000
new in 2025: €19,000
- Purchases and services +€11,583
new in 2025: €11,583
- Gross operating margin +€8,717
up €8,717, from -€602 to €8,115
- Depreciation +€2,500
up €2,500, from €0 to €2,500
- Taxes +€1,505
up €1,505, from €0 to €1,505
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 | €68,892 | €170,992 | +€102,100 | +148% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €90 | €120,090 | +€120,000 | +133,333% |
| Tangible fixed assets | 22/27 | - | €120,000 | +€120,000 | |
| Land and buildings | 22 | - | €120,000 | +€120,000 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €68,802 | €50,902 | -€17,900 | -26.0% |
| Amounts receivable within one year | 40/41 | €68,802 | €50,781 | -€18,021 | -26.2% |
| Trade receivables | 40 | €193 | €0 | -€193 | -100% |
| Other amounts receivable | 41 | €68,609 | €50,781 | -€17,828 | -26.0% |
| Cash at bank and in hand | 54/58 | €0 | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €68,892 | €170,992 | +€102,100 | +148% |
| Equity | 10/15 | €58,872 | €163,387 | +€104,515 | +178% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €100,000 | +€100,000 | |
| Reserves | 13 | €14,487 | €14,487 | = | 0.0% |
| 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 | €12,627 | €12,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,785 | €30,300 | +€4,515 | +17.5% |
| Amounts payable | 17/49 | €10,020 | €7,605 | -€2,415 | -24.1% |
| Amounts payable within one year | 42/48 | €10,020 | €7,605 | -€2,415 | -24.1% |
| Financial debts | 43 | €0 | €0 | -€0 | -100% |
| Credit institutions | 430/8 | €0 | €0 | -€0 | -100% |
| Trade debts | 44 | €9,233 | €6,100 | -€3,134 | -33.9% |
| Suppliers | 440/4 | €9,233 | €6,100 | -€3,134 | -33.9% |
| Taxes, remuneration and social security | 45 | €787 | €1,505 | +€718 | +91.3% |
| Taxes | 450/3 | €787 | €1,505 | +€718 | +91.3% |
| Turnover | 70 | - | €19,000 | +€19,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,583 | +€11,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €1,671 | €811 | -€860 | -51.5% |
| Gross operating margin | 9900 | -€602 | €8,115 | +€8,717 | |
| Operating profit (loss) | 9901 | -€2,274 | €4,804 | +€7,078 | |
| Financial income | 75/76B | €1,642 | €1,354 | -€288 | -17.5% |
| Recurring financial income | 75 | €1,642 | €1,354 | -€288 | -17.5% |
| Financial charges | 65/66B | €139 | €138 | -€1 | -0.5% |
| Recurring financial charges | 65 | €139 | €138 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€770 | €6,020 | +€6,790 | |
| Income taxes | 67/77 | €0 | €1,505 | +€1,505 | |
| Profit (loss) for the period | 9904 | -€770 | €4,515 | +€5,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€770 | €4,515 | +€5,285 |
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 30 October 2026 via checked.be.