Finimmo Belgium: 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.
What changed
Finimmo Belgium
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €726,396+€380,903
Equity
€9.3m
2024 · €8.2m+€1.1m
Cash
€616,183
2024 · €449,237+€166,946
Balance sheet total
€27.3m
2024 · €23.2m+€4.1m
Largest movements
Assets
- Receivables within one year +€3.8m
up €3.8m (+1,840%), from €205,992 to €4.0m
of which Other amounts receivable: +€3.8m
Equity and liabilities
- Other debts +€3.7m
up €3.7m (+209%), from €1.8m to €5.4m
- Reserves +€1.1m
up €1.1m (+14.7%), from €7.6m to €8.7m
of which Distributable reserves: +€1.1m
- Debts after one year -€624,340
down €624,340 (-7.1%), from €8.8m to €8.1m
of which Financial debts: -€872,115
Income statement
- Financial income +€446,727
up €446,727 (+85.1%), from €524,844 to €971,572
of which Financial income: +€446,727
- Staff costs +€86,026
up €86,026 (+279%), from €30,801 to €116,827
- Gross operating margin +€73,181
up €73,181 (+6.3%), from €1.2m to €1.2m
- Depreciation +€56,837
up €56,837 (+17.1%), from €333,111 to €389,948
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.
Result 2024
€726,396
Gross operating margin
+€73,181
Staff costs
-€86,026
Depreciation
-€56,837
Other operating charges
-€3,482
Financial income
+€446,727
Financial charges
-€2,872
Taxes
+€10,213
Result 2025
€1.1m
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€531,938
Financing
-€727,032
Cash 2024
€449,237
From operations (derived)
+€1.4m
Net result for the year
+€1.1m
Depreciation
+€389,948
Receivables within one year
-€3.8m
Deferred charges and accrued income
-€41,839
Trade debts
+€11,184
Tax, wage and social debts
+€22,521
Other debts
+€3.7m
Accrued charges and deferred income
+€48,220
Investment (derived)
-€531,938
Investment in fixed assets (net)
-€531,938
Financing
-€727,032
Debts after one year
-€624,340
Current portion of long-term debt
-€70,193
Short-term financial debts
-€32,500
Cash 2025
€616,183
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,154,313 | €27,294,711 | +€4.1m | +17.9% |
| Fixed assets | 21/28 | €22,480,677 | €22,622,668 | +€141,990 | +0.6% |
| Tangible fixed assets | 22/27 | €6,876,847 | €7,018,838 | +€141,990 | +2.1% |
| Land and buildings | 22 | €6,875,131 | €6,990,835 | +€115,704 | +1.7% |
| Plant, machinery and equipment | 23 | €1,009 | €797 | -€213 | -21.1% |
| Furniture and vehicles | 24 | €707 | €27,206 | +€26,499 | +3,747% |
| Financial fixed assets | 28 | €15,603,830 | €15,603,830 | = | 0.0% |
| Current assets | 29/58 | €673,635 | €4,672,043 | +€4.0m | +594% |
| Amounts receivable within one year | 40/41 | €205,992 | €3,995,615 | +€3.8m | +1,840% |
| Trade receivables | 40 | €68,598 | €74,032 | +€5,434 | +7.9% |
| Other amounts receivable | 41 | €137,393 | €3,921,582 | +€3.8m | +2,754% |
| Cash at bank and in hand | 54/58 | €449,237 | €616,183 | +€166,946 | +37.2% |
| Deferred charges and accrued income | 490/1 | €18,407 | €60,246 | +€41,839 | +227% |
| Total equity and liabilities | 10/49 | €23,154,313 | €27,294,711 | +€4.1m | +17.9% |
| Equity | 10/15 | €8,150,967 | €9,258,266 | +€1.1m | +13.6% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €7,550,967 | €8,658,266 | +€1.1m | +14.7% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €7,490,967 | €8,598,266 | +€1.1m | +14.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €15,003,345 | €18,036,445 | +€3.0m | +20.2% |
| Amounts payable after more than one year | 17 | €8,770,398 | €8,146,058 | -€624,340 | -7.1% |
| Financial debts | 170/4 | €8,644,398 | €7,772,283 | -€872,115 | -10.1% |
| Other amounts payable | 178/9 | €126,000 | €373,775 | +€247,775 | +197% |
| Amounts payable within one year | 42/48 | €6,197,513 | €9,806,733 | +€3.6m | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €1,392,307 | €1,322,115 | -€70,193 | -5.0% |
| Financial debts | 43 | €2,962,500 | €2,930,000 | -€32,500 | -1.1% |
| Credit institutions | 430/8 | €2,962,500 | €2,930,000 | -€32,500 | -1.1% |
| Trade debts | 44 | €41,744 | €52,929 | +€11,184 | +26.8% |
| Suppliers | 440/4 | €41,744 | €52,929 | +€11,184 | +26.8% |
| Taxes, remuneration and social security | 45 | €43,937 | €66,458 | +€22,521 | +51.3% |
| Taxes | 450/3 | €38,787 | €44,802 | +€6,015 | +15.5% |
| Remuneration and social security | 454/9 | €5,150 | €21,656 | +€16,505 | +320% |
| Other amounts payable | 47/48 | €1,757,025 | €5,435,232 | +€3.7m | +209% |
| Accrued charges and deferred income | 492/3 | €35,434 | €83,654 | +€48,220 | +136% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €30,801 | €116,827 | +€86,026 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333,111 | €389,948 | +€56,837 | +17.1% |
| Other operating charges | 640/8 | €54,443 | €57,926 | +€3,482 | +6.4% |
| Gross operating margin | 9900 | €1,156,727 | €1,229,908 | +€73,181 | +6.3% |
| Operating profit (loss) | 9901 | €738,373 | €665,208 | -€73,165 | -9.9% |
| Financial income | 75/76B | €524,844 | €971,572 | +€446,727 | +85.1% |
| Recurring financial income | 75 | €524,844 | €971,572 | +€446,727 | +85.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €458,390 | €461,263 | +€2,872 | +0.6% |
| Recurring financial charges | 65 | €458,390 | €461,263 | +€2,872 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €804,827 | €1,175,517 | +€370,690 | +46.1% |
| Income taxes | 67/77 | €78,431 | €68,218 | -€10,213 | -13.0% |
| Profit (loss) for the period | 9904 | €726,396 | €1,107,298 | +€380,903 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €726,396 | €1,107,298 | +€380,903 | +52.4% |
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 29 October 2026 via checked.be.