Einstein 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.
Einstein Immo
Largest movements
- Tangible fixed assets -€13,450
down €13,450 (-3.9%), from €347,341 to €333,891
- Debts after one year -€25,648
down €25,648 (-79.4%), from €32,314 to €6,667
- Reserves +€10,390
up €10,390 (+16.2%), from €63,978 to €74,368
of which Distributable reserves: +€10,390
- Tax, wage and social debts +€5,104
up €5,104 (+51.7%), from €9,878 to €14,982
- Other debts -€5,000
down €5,000 (-8.3%), from €60,457 to €55,457
- Gross operating margin -€14,376
down €14,376 (-28.7%), from €50,078 to €35,702
- Taxes -€4,773
down €4,773 (-48.3%), from €9,878 to €5,104
- Financial charges -€953
down €953 (-35.5%), from €2,687 to €1,733
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 | €362,121 | €350,212 | -€11,910 | -3.3% |
| Fixed assets | 21/28 | €347,341 | €333,891 | -€13,450 | -3.9% |
| Tangible fixed assets | 22/27 | €347,341 | €333,891 | -€13,450 | -3.9% |
| Land and buildings | 22 | €347,341 | €333,891 | -€13,450 | -3.9% |
| Current assets | 29/58 | €14,781 | €16,321 | +€1,540 | +10.4% |
| Amounts receivable within one year | 40/41 | - | €2,833 | +€2,833 | |
| Trade receivables | 40 | - | €2,833 | +€2,833 | |
| Cash at bank and in hand | 54/58 | €12,251 | €13,488 | +€1,237 | +10.1% |
| Deferred charges and accrued income | 490/1 | €2,530 | - | -€2,530 | |
| Total equity and liabilities | 10/49 | €362,121 | €350,212 | -€11,910 | -3.3% |
| Equity | 10/15 | €232,236 | €242,626 | +€10,390 | +4.5% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €63,978 | €74,368 | +€10,390 | +16.2% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Distributable reserves | 133 | €56,778 | €67,168 | +€10,390 | +18.3% |
| Profit (loss) carried forward | 14 | €96,258 | €96,258 | = | 0.0% |
| Amounts payable | 17/49 | €129,885 | €107,585 | -€22,300 | -17.2% |
| Amounts payable after more than one year | 17 | €32,314 | €6,667 | -€25,648 | -79.4% |
| Financial debts | 170/4 | €32,314 | €6,667 | -€25,648 | -79.4% |
| Amounts payable within one year | 42/48 | €97,571 | €100,919 | +€3,348 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €25,648 | €25,647 | -€1 | 0.0% |
| Trade debts | 44 | €1,588 | €4,832 | +€3,244 | +204.3% |
| Suppliers | 440/4 | €1,588 | €4,832 | +€3,244 | +204.3% |
| Taxes, remuneration and social security | 45 | €9,878 | €14,982 | +€5,104 | +51.7% |
| Taxes | 450/3 | €9,878 | €14,982 | +€5,104 | +51.7% |
| Other amounts payable | 47/48 | €60,457 | €55,457 | -€5,000 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,450 | €13,450 | = | 0.0% |
| Other operating charges | 640/8 | €4,959 | €5,114 | +€155 | +3.1% |
| Gross operating margin | 9900 | €50,078 | €35,702 | -€14,376 | -28.7% |
| Operating profit (loss) | 9901 | €31,669 | €17,138 | -€14,531 | -45.9% |
| Financial income | 75/76B | - | €89 | +€89 | |
| Recurring financial income | 75 | - | €89 | +€89 | |
| Financial charges | 65/66B | €2,687 | €1,733 | -€953 | -35.5% |
| Recurring financial charges | 65 | €2,687 | €1,733 | -€953 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €28,983 | €15,494 | -€13,488 | -46.5% |
| Income taxes | 67/77 | €9,878 | €5,104 | -€4,773 | -48.3% |
| Profit (loss) for the period | 9904 | €19,105 | €10,390 | -€8,715 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,105 | €10,390 | -€8,715 | -45.6% |
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 12 October 2026 via checked.be.