Euro - 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.
Euro - Immo
Largest movements
- Stocks and contracts -€342,520
no longer reported in 2025 (was €342,520)
- Cash +€90,339
up €90,339 (+1,863%), from €4,850 to €95,189
mainly Stocks and contracts (+€342,520) and Receivables within one year (+€23,412)
- Receivables within one year -€23,412
down €23,412 (-76.7%), from €30,506 to €7,094
of which Trade receivables: -€27,143
- Tangible fixed assets -€6,102
down €6,102 (-5.1%), from €119,806 to €113,704
- Other debts -€184,493
no longer reported in 2025 (was €184,493)
- Trade debts -€132,504
down €132,504 (-79.4%), from €166,873 to €34,368
- Reserves +€22,890
up €22,890 (+18.3%), from €125,000 to €147,890
- Tax, wage and social debts +€8,850
up €8,850 (+308%), from €2,871 to €11,721
- Gross operating margin +€27,000
up €27,000 (+153%), from €17,658 to €44,658
- Taxes +€8,849
up €8,849 (+308%), from €2,871 to €11,720
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 | €499,305 | €217,244 | -€282,061 | -56.5% |
| Fixed assets | 21/28 | €120,599 | €114,498 | -€6,102 | -5.1% |
| Tangible fixed assets | 22/27 | €119,806 | €113,704 | -€6,102 | -5.1% |
| Land and buildings | 22 | €119,806 | €113,704 | -€6,102 | -5.1% |
| Financial fixed assets | 28 | €794 | €794 | = | 0.0% |
| Current assets | 29/58 | €378,706 | €102,747 | -€275,959 | -72.9% |
| Stocks and contracts in progress | 3 | €342,520 | - | -€342,520 | |
| Stocks | 30/36 | €342,520 | - | -€342,520 | |
| Amounts receivable within one year | 40/41 | €30,506 | €7,094 | -€23,412 | -76.7% |
| Trade receivables | 40 | €30,351 | €3,208 | -€27,143 | -89.4% |
| Other amounts receivable | 41 | €155 | €3,886 | +€3,731 | +2,415% |
| Cash at bank and in hand | 54/58 | €4,850 | €95,189 | +€90,339 | +1,863% |
| Deferred charges and accrued income | 490/1 | €830 | €464 | -€366 | -44.1% |
| Total equity and liabilities | 10/49 | €499,305 | €217,244 | -€282,061 | -56.5% |
| Equity | 10/15 | €143,750 | €166,640 | +€22,890 | +15.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €125,000 | €147,890 | +€22,890 | +18.3% |
| Distributable reserves | 133 | €125,000 | €147,890 | +€22,890 | +18.3% |
| Amounts payable | 17/49 | €355,555 | €50,604 | -€304,951 | -85.8% |
| Amounts payable within one year | 42/48 | €354,237 | €46,089 | -€308,147 | -87.0% |
| Trade debts | 44 | €166,873 | €34,368 | -€132,504 | -79.4% |
| Suppliers | 440/4 | €166,873 | €34,368 | -€132,504 | -79.4% |
| Taxes, remuneration and social security | 45 | €2,871 | €11,721 | +€8,850 | +308% |
| Taxes | 450/3 | €2,871 | €11,721 | +€8,850 | +308% |
| Other amounts payable | 47/48 | €184,493 | - | -€184,493 | |
| Accrued charges and deferred income | 492/3 | €1,318 | €4,515 | +€3,197 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,102 | €6,102 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,648 | €2,722 | +€74 | +2.8% |
| Non-recurring operating charges | 66A | - | €1,186 | +€1,186 | |
| Gross operating margin | 9900 | €17,658 | €44,658 | +€27,000 | +153% |
| Operating profit (loss) | 9901 | €8,908 | €34,648 | +€25,740 | +289% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €300 | €38 | -€262 | -87.4% |
| Recurring financial charges | 65 | €300 | €38 | -€262 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €8,609 | €34,610 | +€26,002 | +302% |
| Income taxes | 67/77 | €2,871 | €11,720 | +€8,849 | +308% |
| Profit (loss) for the period | 9904 | €5,737 | €22,890 | +€17,153 | +299% |
| Profit (loss) for the period to be appropriated | 9905 | €5,737 | €22,890 | +€17,153 | +299% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.