IMMO-CON P.S.: what changed
IMMO-CON P.S.
Largest movements
- Cash -€12,477
down €12,477 (-69.4%), from €17,979 to €5,502
mainly Contributions, distributions and other (-€20,000) and Trade debts (-€2,173)
- Receivables within one year -€5,237
down €5,237 (-28.6%), from €18,309 to €13,072
of which Other amounts receivable: -€6,721
- Deferred charges and accrued income -€2,883
down €2,883 (-39.9%), from €7,222 to €4,339
- Contributions -€20,000
down €20,000 (-20.0%), from €100,000 to €80,000
- Trade debts -€2,173
down €2,173 (-42.5%), from €5,113 to €2,940
- Tax, wage and social debts +€1,019
up €1,019 (+46.9%), from €2,172 to €3,190
- Gross operating margin -€16,627
down €16,627 (-79.0%), from €21,045 to €4,418
- Other operating charges -€1,261
down €1,261 (-43.2%), from €2,920 to €1,659
- Depreciation -€489
down €489 (-61.3%), from €797 to €308
- Financial charges +€473
up €473 (+29.7%), from €1,592 to €2,065
- Financial income -€436
down €436 (-93.0%), from €469 to €33
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,455 | €23,550 | -€20,905 | -47.0% |
| Fixed assets | 21/28 | €946 | €638 | -€308 | -32.6% |
| Tangible fixed assets | 22/27 | €946 | €638 | -€308 | -32.6% |
| Plant, machinery and equipment | 23 | €946 | €638 | -€308 | -32.6% |
| Current assets | 29/58 | €43,509 | €22,912 | -€20,597 | -47.3% |
| Amounts receivable within one year | 40/41 | €18,309 | €13,072 | -€5,237 | -28.6% |
| Trade receivables | 40 | €10,372 | €11,856 | +€1,484 | +14.3% |
| Other amounts receivable | 41 | €7,937 | €1,216 | -€6,721 | -84.7% |
| Cash at bank and in hand | 54/58 | €17,979 | €5,502 | -€12,477 | -69.4% |
| Deferred charges and accrued income | 490/1 | €7,222 | €4,339 | -€2,883 | -39.9% |
| Total equity and liabilities | 10/49 | €44,455 | €23,550 | -€20,905 | -47.0% |
| Equity | 10/15 | €37,170 | €17,420 | -€19,750 | -53.1% |
| Contributions | 10/11 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Profit (loss) carried forward | 14 | -€62,830 | -€62,580 | +€250 | +0.4% |
| Amounts payable | 17/49 | €7,285 | €6,131 | -€1,154 | -15.8% |
| Amounts payable within one year | 42/48 | €7,285 | €6,131 | -€1,154 | -15.8% |
| Trade debts | 44 | €5,113 | €2,940 | -€2,173 | -42.5% |
| Suppliers | 440/4 | €5,113 | €2,940 | -€2,173 | -42.5% |
| Taxes, remuneration and social security | 45 | €2,172 | €3,190 | +€1,019 | +46.9% |
| Taxes | 450/3 | €2,172 | €3,190 | +€1,019 | +46.9% |
| Non-recurring operating income | 76A | €8,578 | - | -€8,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €308 | -€489 | -61.3% |
| Other operating charges | 640/8 | €2,920 | €1,659 | -€1,261 | -43.2% |
| Non-recurring operating charges | 66A | - | €169 | +€169 | |
| Gross operating margin | 9900 | €21,045 | €4,418 | -€16,627 | -79.0% |
| Operating profit (loss) | 9901 | €17,328 | €2,281 | -€15,047 | -86.8% |
| Financial income | 75/76B | €469 | €33 | -€436 | -93.0% |
| Recurring financial income | 75 | €469 | €33 | -€436 | -93.0% |
| Financial charges | 65/66B | €1,592 | €2,065 | +€473 | +29.7% |
| Recurring financial charges | 65 | €1,592 | €2,065 | +€473 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €16,206 | €250 | -€15,956 | -98.5% |
| Profit (loss) for the period | 9904 | €16,206 | €250 | -€15,956 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,206 | €250 | -€15,956 | -98.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.