ALL IMMO PROJECTS: what changed
Two fiscal 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.
ALL IMMO PROJECTS
Largest movements
- Receivables within one year -€59,772
down €59,772 (-62.1%), from €96,269 to €36,497
of which Trade receivables: -€55,093
- Cash -€8,788
down €8,788 (-31.9%), from €27,555 to €18,767
mainly Trade debts (-€30,438) and Debts after one year (-€18,751)
- Trade debts -€30,438
no longer reported in 2025 (was €30,438)
- Debts after one year -€18,751
no longer reported in 2025 (was €18,751)
- Other debts -€10,733
down €10,733 (-34.2%), from €31,362 to €20,629
- Advances received -€10,000
down €10,000 (-37.0%), from €27,055 to €17,055
- Short-term financial debts -€6,692
no longer reported in 2025 (was €6,692)
- Gross operating margin -€12,413
down €12,413 (-53.4%), from €23,234 to €10,821
- Financial charges -€4,039
down €4,039 (-52.6%), from €7,673 to €3,633
- Taxes -€2,710
down €2,710 (-51.6%), from €5,252 to €2,542
- Other operating charges -€1,543
down €1,543 (-83.4%), from €1,851 to €308
- Financial income +€309
new in 2025: €309
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 | €150,124 | €80,306 | -€69,818 | -46.5% |
| Fixed assets | 21/28 | €1,300 | - | -€1,300 | |
| Financial fixed assets | 28 | €1,300 | - | -€1,300 | |
| Current assets | 29/58 | €148,824 | €80,306 | -€68,518 | -46.0% |
| Amounts receivable within one year | 40/41 | €96,269 | €36,497 | -€59,772 | -62.1% |
| Trade receivables | 40 | €55,255 | €162 | -€55,093 | -99.7% |
| Other amounts receivable | 41 | €41,014 | €36,335 | -€4,679 | -11.4% |
| Cash at bank and in hand | 54/58 | €27,555 | €18,767 | -€8,788 | -31.9% |
| Deferred charges and accrued income | 490/1 | €25,000 | €25,042 | +€42 | +0.2% |
| Total equity and liabilities | 10/49 | €150,124 | €80,306 | -€69,818 | -46.5% |
| Equity | 10/15 | €19,225 | €23,871 | +€4,647 | +24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €625 | €5,271 | +€4,647 | +743.9% |
| Amounts payable | 17/49 | €130,900 | €56,435 | -€74,465 | -56.9% |
| Amounts payable after more than one year | 17 | €18,751 | - | -€18,751 | |
| Financial debts | 170/4 | €18,751 | - | -€18,751 | |
| Amounts payable within one year | 42/48 | €112,149 | €56,435 | -€55,714 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €16,602 | €18,751 | +€2,149 | +12.9% |
| Financial debts | 43 | €6,692 | - | -€6,692 | |
| Credit institutions | 430/8 | €6,692 | - | -€6,692 | |
| Trade debts | 44 | €30,438 | - | -€30,438 | |
| Suppliers | 440/4 | €30,438 | - | -€30,438 | |
| Advances received on contracts in progress | 46 | €27,055 | €17,055 | -€10,000 | -37.0% |
| Other amounts payable | 47/48 | €31,362 | €20,629 | -€10,733 | -34.2% |
| Non-recurring operating income | 76A | €68,126 | - | -€68,126 | |
| Other operating charges | 640/8 | €1,851 | €308 | -€1,543 | -83.4% |
| Gross operating margin | 9900 | €23,234 | €10,821 | -€12,413 | -53.4% |
| Operating profit (loss) | 9901 | €21,383 | €10,513 | -€10,870 | -50.8% |
| Financial income | 75/76B | - | €309 | +€309 | |
| Recurring financial income | 75 | - | €309 | +€309 | |
| Financial charges | 65/66B | €7,673 | €3,633 | -€4,039 | -52.6% |
| Recurring financial charges | 65 | €7,673 | €3,633 | -€4,039 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €13,710 | €7,189 | -€6,521 | -47.6% |
| Income taxes | 67/77 | €5,252 | €2,542 | -€2,710 | -51.6% |
| Profit (loss) for the period | 9904 | €8,458 | €4,647 | -€3,811 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,458 | €4,647 | -€3,811 | -45.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.