IMMO BEACH: 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.
IMMO BEACH
Largest movements
- Receivables within one year -€53,763
down €53,763 (-58.4%), from €92,074 to €38,311
of which Trade receivables: -€61,528
- Tangible fixed assets -€14,914
down €14,914 (-33.6%), from €44,445 to €29,531
- Cash +€14,453
up €14,453 (+9.4%), from €154,550 to €169,003
mainly Receivables within one year (+€53,763) and Net result for the year (+€15,262)
- Trade debts -€26,760
down €26,760 (-64.2%), from €41,711 to €14,951
- Advances received -€23,052
down €23,052 (-85.1%), from €27,100 to €4,048
- Reserves +€15,262
up €15,262 (+12.8%), from €119,118 to €134,380
of which Distributable reserves: +€15,262
- Other debts +€11,995
up €11,995 (+170%), from €7,057 to €19,051
- Tax, wage and social debts -€11,715
down €11,715 (-67.0%), from €17,484 to €5,769
of which Taxes: -€11,902
- Gross operating margin -€43,714
down €43,714 (-31.6%), from €138,234 to €94,520
- Taxes -€14,419
down €14,419 (-64.9%), from €22,219 to €7,800
- Financial income +€7,997
up €7,997 (+1,855%), from €431 to €8,428
- Financial charges +€4,198
up €4,198 (+95.3%), from €4,404 to €8,603
of which Financial charges: +€4,198
- Other operating charges +€4,090
up €4,090 (+65.2%), from €6,268 to €10,358
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 | €291,069 | €236,845 | -€54,224 | -18.6% |
| Fixed assets | 21/28 | €44,445 | €29,531 | -€14,914 | -33.6% |
| Tangible fixed assets | 22/27 | €44,445 | €29,531 | -€14,914 | -33.6% |
| Furniture and vehicles | 24 | €44,445 | €29,531 | -€14,914 | -33.6% |
| Current assets | 29/58 | €246,624 | €207,314 | -€39,310 | -15.9% |
| Amounts receivable within one year | 40/41 | €92,074 | €38,311 | -€53,763 | -58.4% |
| Trade receivables | 40 | €89,770 | €28,242 | -€61,528 | -68.5% |
| Other amounts receivable | 41 | €2,304 | €10,069 | +€7,765 | +337% |
| Cash at bank and in hand | 54/58 | €154,550 | €169,003 | +€14,453 | +9.4% |
| Total equity and liabilities | 10/49 | €291,069 | €236,845 | -€54,224 | -18.6% |
| Equity | 10/15 | €163,218 | €178,480 | +€15,262 | +9.4% |
| Contributions | 10/11 | €30,900 | €30,900 | = | 0.0% |
| Reserves | 13 | €119,118 | €134,380 | +€15,262 | +12.8% |
| Tax-exempt reserves | 132 | €26,688 | €26,688 | = | 0.0% |
| Distributable reserves | 133 | €92,430 | €107,692 | +€15,262 | +16.5% |
| Profit (loss) carried forward | 14 | €13,200 | €13,200 | = | 0.0% |
| Amounts payable | 17/49 | €127,850 | €58,364 | -€69,486 | -54.3% |
| Amounts payable after more than one year | 17 | €11,182 | €4,887 | -€6,295 | -56.3% |
| Financial debts | 170/4 | €11,182 | €4,887 | -€6,295 | -56.3% |
| Amounts payable within one year | 42/48 | €107,719 | €53,477 | -€54,242 | -50.4% |
| Current portion of amounts payable after more than one year | 42 | €6,050 | €6,295 | +€244 | +4.0% |
| Financial debts | 43 | €8,317 | €3,364 | -€4,953 | -59.6% |
| Credit institutions | 430/8 | €8,317 | €3,364 | -€4,953 | -59.6% |
| Trade debts | 44 | €41,711 | €14,951 | -€26,760 | -64.2% |
| Suppliers | 440/4 | €41,711 | €14,951 | -€26,760 | -64.2% |
| Advances received on contracts in progress | 46 | €27,100 | €4,048 | -€23,052 | -85.1% |
| Taxes, remuneration and social security | 45 | €17,484 | €5,769 | -€11,715 | -67.0% |
| Taxes | 450/3 | €12,277 | €375 | -€11,902 | -96.9% |
| Remuneration and social security | 454/9 | €5,207 | €5,393 | +€186 | +3.6% |
| Other amounts payable | 47/48 | €7,057 | €19,051 | +€11,995 | +170% |
| Accrued charges and deferred income | 492/3 | €8,950 | €0 | -€8,950 | -100% |
| Non-recurring operating income | 76A | €500 | €0 | -€500 | -100% |
| Remuneration, social security and pensions | 62 | €46,236 | €46,011 | -€225 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,525 | €14,914 | -€611 | -3.9% |
| Other operating charges | 640/8 | €6,268 | €10,358 | +€4,090 | +65.2% |
| Gross operating margin | 9900 | €138,234 | €94,520 | -€43,714 | -31.6% |
| Operating profit (loss) | 9901 | €70,205 | €23,237 | -€46,968 | -66.9% |
| Financial income | 75/76B | €431 | €8,428 | +€7,997 | +1,855% |
| Recurring financial income | 75 | €431 | €8,428 | +€7,997 | +1,855% |
| Financial charges | 65/66B | €4,404 | €8,603 | +€4,198 | +95.3% |
| Recurring financial charges | 65 | €4,404 | €8,603 | +€4,198 | +95.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €66,232 | €23,062 | -€43,170 | -65.2% |
| Income taxes | 67/77 | €22,219 | €7,800 | -€14,419 | -64.9% |
| Profit (loss) for the period | 9904 | €44,013 | €15,262 | -€28,751 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,013 | €15,262 | -€28,751 | -65.3% |
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 15 October 2026 via checked.be.