EXACT IMMO: 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.
EXACT IMMO
Largest movements
- Tangible fixed assets -€1,312
down €1,312 (-17.3%), from €7,589 to €6,277
of which Furniture and vehicles: -€1,539
- Receivables within one year +€666
up €666 (+19.8%), from €3,369 to €4,035
of which Trade receivables: +€2,394
- Reserves -€3,271
down €3,271 (-100.0%), from €3,271 to €0
- Tax, wage and social debts +€2,064
up €2,064 (+93.3%), from €2,213 to €4,277
of which Taxes: +€2,073
- Other debts +€475
up €475 (+19.3%), from €2,468 to €2,943
- Accrued charges and deferred income -€268
down €268 (-40.2%), from €668 to €400
- Gross operating margin -€10,840
down €10,840 (-99.8%), from €10,866 to €26
- Taxes -€1,857
down €1,857 (-91.3%), from €2,034 to €176
- Staff costs -€1,765
down €1,765 (-99.5%), from €1,774 to €9
- Depreciation -€276
down €276 (-12.4%), from €2,227 to €1,951
- Other operating charges -€194
down €194 (-13.2%), from €1,469 to €1,275
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 | €25,002 | €23,926 | -€1,076 | -4.3% |
| Formation expenses | 20 | €729 | €539 | -€190 | -26.1% |
| Fixed assets | 21/28 | €7,589 | €6,277 | -€1,312 | -17.3% |
| Tangible fixed assets | 22/27 | €7,589 | €6,277 | -€1,312 | -17.3% |
| Furniture and vehicles | 24 | €5,899 | €4,361 | -€1,539 | -26.1% |
| Other tangible fixed assets | 26 | €1,689 | €1,916 | +€227 | +13.4% |
| Current assets | 29/58 | €16,684 | €17,110 | +€426 | +2.6% |
| Amounts receivable within one year | 40/41 | €3,369 | €4,035 | +€666 | +19.8% |
| Trade receivables | 40 | €1,641 | €4,035 | +€2,394 | +145.9% |
| Other amounts receivable | 41 | €1,728 | €0 | -€1,728 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,231 | €12,034 | -€198 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,041 | -€43 | -4.0% |
| Total equity and liabilities | 10/49 | €25,002 | €23,926 | -€1,076 | -4.3% |
| Equity | 10/15 | €18,271 | €14,826 | -€3,445 | -18.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €3,271 | €0 | -€3,271 | -100.0% |
| Distributable reserves | 133 | €3,271 | €0 | -€3,271 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€174 | -€174 | |
| Amounts payable | 17/49 | €6,731 | €9,099 | +€2,369 | +35.2% |
| Amounts payable within one year | 42/48 | €6,063 | €8,700 | +€2,637 | +43.5% |
| Trade debts | 44 | €1,382 | €1,480 | +€98 | +7.1% |
| Suppliers | 440/4 | €1,382 | €1,480 | +€98 | +7.1% |
| Taxes, remuneration and social security | 45 | €2,213 | €4,277 | +€2,064 | +93.3% |
| Taxes | 450/3 | €2,034 | €4,107 | +€2,073 | +101.9% |
| Remuneration and social security | 454/9 | €179 | €170 | -€9 | -5.2% |
| Other amounts payable | 47/48 | €2,468 | €2,943 | +€475 | +19.3% |
| Accrued charges and deferred income | 492/3 | €668 | €400 | -€268 | -40.2% |
| Remuneration, social security and pensions | 62 | €1,774 | €9 | -€1,765 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,227 | €1,951 | -€276 | -12.4% |
| Other operating charges | 640/8 | €1,469 | €1,275 | -€194 | -13.2% |
| Gross operating margin | 9900 | €10,866 | €26 | -€10,840 | -99.8% |
| Operating profit (loss) | 9901 | €5,396 | -€3,209 | -€8,605 | |
| Financial income | 75/76B | €0 | €150 | +€150 | +42760.0% |
| Recurring financial income | 75 | €0 | €150 | +€150 | +42760.0% |
| Financial charges | 65/66B | €92 | €210 | +€118 | +128.7% |
| Recurring financial charges | 65 | €92 | €210 | +€118 | +128.7% |
| Profit (loss) for the period before taxes | 9903 | €5,304 | -€3,269 | -€8,573 | |
| Income taxes | 67/77 | €2,034 | €176 | -€1,857 | -91.3% |
| Profit (loss) for the period | 9904 | €3,271 | -€3,445 | -€6,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,271 | -€3,445 | -€6,716 |
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 6 October 2026 via checked.be.