Fresart 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.
Fresart Immo
Largest movements
- Tangible fixed assets +€28,876
up €28,876 (+11.1%), from €259,997 to €288,873
- Debts after one year +€27,525
up €27,525 (+20.3%), from €135,741 to €163,266
- Gross operating margin -€8,748
down €8,748 (-33.4%), from €26,185 to €17,437
- Other operating charges -€5,700
down €5,700 (-100%), from €5,700 to €0
- Depreciation +€1,715
up €1,715 (+15.4%), from €11,133 to €12,848
- Financial charges +€1,713
up €1,713 (+82.1%), from €2,085 to €3,798
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 | €267,352 | €297,209 | +€29,858 | +11.2% |
| Fixed assets | 21/28 | €263,371 | €292,247 | +€28,876 | +11.0% |
| Tangible fixed assets | 22/27 | €259,997 | €288,873 | +€28,876 | +11.1% |
| Land and buildings | 22 | €259,997 | €288,873 | +€28,876 | +11.1% |
| Financial fixed assets | 28 | €3,374 | €3,374 | = | 0.0% |
| Current assets | 29/58 | €3,981 | €4,963 | +€982 | +24.7% |
| Amounts receivable within one year | 40/41 | €0 | €1,764 | +€1,764 | |
| Trade receivables | 40 | €0 | €1,764 | +€1,764 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,981 | €3,198 | -€783 | -19.7% |
| Total equity and liabilities | 10/49 | €267,352 | €297,209 | +€29,858 | +11.2% |
| Equity | 10/15 | €21,586 | €22,377 | +€791 | +3.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,586 | €2,377 | +€791 | +49.8% |
| Amounts payable | 17/49 | €245,766 | €274,832 | +€29,067 | +11.8% |
| Amounts payable after more than one year | 17 | €135,741 | €163,266 | +€27,525 | +20.3% |
| Financial debts | 170/4 | €135,741 | €163,266 | +€27,525 | +20.3% |
| Amounts payable within one year | 42/48 | €110,024 | €111,567 | +€1,542 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €10,685 | €12,475 | +€1,790 | +16.8% |
| Trade debts | 44 | €2,176 | €1,688 | -€488 | -22.4% |
| Suppliers | 440/4 | €2,176 | €1,688 | -€488 | -22.4% |
| Taxes, remuneration and social security | 45 | €3,724 | €1,553 | -€2,172 | -58.3% |
| Taxes | 450/3 | €3,724 | €1,553 | -€2,172 | -58.3% |
| Other amounts payable | 47/48 | €93,439 | €95,851 | +€2,411 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,133 | €12,848 | +€1,715 | +15.4% |
| Other operating charges | 640/8 | €5,700 | €0 | -€5,700 | -100% |
| Gross operating margin | 9900 | €26,185 | €17,437 | -€8,748 | -33.4% |
| Operating profit (loss) | 9901 | €9,352 | €4,589 | -€4,763 | -50.9% |
| Financial charges | 65/66B | €2,085 | €3,798 | +€1,713 | +82.1% |
| Recurring financial charges | 65 | €2,085 | €3,798 | +€1,713 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | €7,267 | €791 | -€6,476 | -89.1% |
| Profit (loss) for the period | 9904 | €7,267 | €791 | -€6,476 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,267 | €791 | -€6,476 | -89.1% |
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 17 October 2026 via checked.be.