IDEAL SEMOIS 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.
IDEAL SEMOIS IMMO
Largest movements
- Tangible fixed assets +€412,999
up €412,999 (+22.8%), from €1.8m to €2.2m
of which Land and buildings: +€519,910
- Other debts +€432,969
up €432,969 (+31.8%), from €1.4m to €1.8m
- Investment grants +€106,100
up €106,100 (+167%), from €63,516 to €169,616
- Trade debts -€68,753
down €68,753 (-59.4%), from €115,705 to €46,951
- Profit (loss) carried forward -€54,238
down €54,238 (-33.4%), from -€162,219 to -€216,457
- Gross operating margin +€79,644
up €79,644 (+287%), from €27,792 to €107,436
- Depreciation +€41,436
up €41,436 (+48.8%), from €84,909 to €126,345
- Financial charges +€13,967
up €13,967 (+79.8%), from €17,509 to €31,476
- Taxes -€3,429
down €3,429 (-100%), from €3,429 to €0
- Financial income -€2,821
down €2,821 (-100%), from €2,821 to €0
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 | €2,281,129 | €2,697,207 | +€416,078 | +18.2% |
| Fixed assets | 21/28 | €1,812,201 | €2,225,200 | +€412,999 | +22.8% |
| Tangible fixed assets | 22/27 | €1,811,847 | €2,224,846 | +€412,999 | +22.8% |
| Land and buildings | 22 | €1,647,636 | €2,167,546 | +€519,910 | +31.6% |
| Plant, machinery and equipment | 23 | €74,570 | €57,300 | -€17,270 | -23.2% |
| Other tangible fixed assets | 26 | €89,641 | - | -€89,641 | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €354 | €354 | = | 0.0% |
| Current assets | 29/58 | €468,928 | €472,007 | +€3,079 | +0.7% |
| Amounts receivable within one year | 40/41 | €458,527 | €438,935 | -€19,592 | -4.3% |
| Trade receivables | 40 | €437,170 | €365,910 | -€71,260 | -16.3% |
| Other amounts receivable | 41 | €21,357 | €73,025 | +€51,668 | +242% |
| Cash at bank and in hand | 54/58 | €10,401 | €33,072 | +€22,671 | +218% |
| Total equity and liabilities | 10/49 | €2,281,129 | €2,697,207 | +€416,078 | +18.2% |
| Equity | 10/15 | €725,932 | €777,794 | +€51,862 | +7.1% |
| Contributions | 10/11 | €533,774 | €533,774 | = | 0.0% |
| Capital | 10 | - | €533,774 | +€533,774 | |
| Issued capital | 100 | - | €533,774 | +€533,774 | |
| Revaluation surpluses | 12 | - | €22,875 | +€22,875 | |
| Reserves | 13 | €290,862 | €267,987 | -€22,875 | -7.9% |
| Non-distributable reserves | 130/1 | €11,502 | €9,916 | -€1,586 | -13.8% |
| Legal reserve | 130 | - | €9,916 | +€9,916 | |
| Reserves not available under the articles | 1311 | €9,916 | - | -€9,916 | |
| Other | 1319 | €1,586 | €0 | -€1,586 | -100% |
| Tax-exempt reserves | 132 | €221,354 | €222,941 | +€1,586 | +0.7% |
| Distributable reserves | 133 | €58,005 | €35,131 | -€22,875 | -39.4% |
| Profit (loss) carried forward | 14 | -€162,219 | -€216,457 | -€54,238 | -33.4% |
| Investment grants | 15 | €63,516 | €169,616 | +€106,100 | +167% |
| Provisions and deferred taxes | 16 | €77,706 | €77,706 | = | 0.0% |
| Deferred taxes | 168 | €77,706 | €77,706 | = | 0.0% |
| Amounts payable | 17/49 | €1,477,491 | €1,841,707 | +€364,216 | +24.7% |
| Amounts payable within one year | 42/48 | €1,477,491 | €1,841,707 | +€364,216 | +24.7% |
| Trade debts | 44 | €115,705 | €46,951 | -€68,753 | -59.4% |
| Suppliers | 440/4 | €115,705 | €46,951 | -€68,753 | -59.4% |
| Other amounts payable | 47/48 | €1,361,786 | €1,794,755 | +€432,969 | +31.8% |
| Non-recurring operating income | 76A | €1,509 | €0 | -€1,509 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,909 | €126,345 | +€41,436 | +48.8% |
| Other operating charges | 640/8 | €1,506 | €3,853 | +€2,347 | +156% |
| Non-recurring operating charges | 66A | €2,420 | €0 | -€2,420 | -100.0% |
| Gross operating margin | 9900 | €27,792 | €107,436 | +€79,644 | +287% |
| Operating profit (loss) | 9901 | -€61,043 | -€22,762 | +€38,281 | +62.7% |
| Financial income | 75/76B | €2,821 | €0 | -€2,821 | -100% |
| Recurring financial income | 75 | €2,821 | €0 | -€2,821 | -100% |
| Financial charges | 65/66B | €17,509 | €31,476 | +€13,967 | +79.8% |
| Recurring financial charges | 65 | €17,509 | €31,476 | +€13,967 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | -€75,731 | -€54,238 | +€21,493 | +28.4% |
| Transfer from deferred taxes | 780 | €1,099 | €0 | -€1,099 | -100% |
| Income taxes | 67/77 | €3,429 | €0 | -€3,429 | -100% |
| Profit (loss) for the period | 9904 | -€78,060 | -€54,238 | +€23,823 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,060 | -€54,238 | +€23,823 | +30.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.