IMMO CONCEPT ETUDES & CONSTRUCTIONS: 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 CONCEPT ETUDES & CONSTRUCTIONS
Largest movements
- Receivables within one year +€180,372
up €180,372 (+2,110%), from €8,549 to €188,922
of which Trade receivables: +€186,575
- Stocks and contracts -€71,000
down €71,000 (-33.0%), from €215,000 to €144,000
- Tangible fixed assets -€8,004
down €8,004 (-75.4%), from €10,620 to €2,616
of which Furniture and vehicles: -€7,813
- Advances received +€191,683
new in 2025: €191,683
- Tax, wage and social debts -€49,840
down €49,840 (-93.7%), from €53,189 to €3,349
- Other debts -€29,355
down €29,355 (-14.6%), from €201,292 to €171,937
- Trade debts -€9,421
down €9,421 (-18.7%), from €50,370 to €40,949
- Gross operating margin -€81,612
down €81,612 (-90.1%), from €90,548 to €8,936
- Other operating charges -€1,641
down €1,641 (-58.1%), from €2,826 to €1,185
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 | €305,274 | €406,815 | +€101,541 | +33.3% |
| Fixed assets | 21/28 | €80,620 | €72,616 | -€8,004 | -9.9% |
| Tangible fixed assets | 22/27 | €10,620 | €2,616 | -€8,004 | -75.4% |
| Plant, machinery and equipment | 23 | €433 | €242 | -€191 | -44.1% |
| Furniture and vehicles | 24 | €10,187 | €2,374 | -€7,813 | -76.7% |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €224,654 | €334,199 | +€109,545 | +48.8% |
| Stocks and contracts in progress | 3 | €215,000 | €144,000 | -€71,000 | -33.0% |
| Stocks | 30/36 | €215,000 | €144,000 | -€71,000 | -33.0% |
| Amounts receivable within one year | 40/41 | €8,549 | €188,922 | +€180,372 | +2,110% |
| Trade receivables | 40 | €964 | €187,540 | +€186,575 | +19,345% |
| Other amounts receivable | 41 | €7,585 | €1,382 | -€6,203 | -81.8% |
| Cash at bank and in hand | 54/58 | €1,105 | €849 | -€256 | -23.2% |
| Deferred charges and accrued income | 490/1 | - | €429 | +€429 | |
| Total equity and liabilities | 10/49 | €305,274 | €406,815 | +€101,541 | +33.3% |
| Equity | 10/15 | €424 | -€1,102 | -€1,525 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,636 | -€9,162 | -€1,525 | -20.0% |
| Amounts payable | 17/49 | €304,850 | €407,917 | +€103,067 | +33.8% |
| Amounts payable within one year | 42/48 | €304,850 | €407,917 | +€103,067 | +33.8% |
| Trade debts | 44 | €50,370 | €40,949 | -€9,421 | -18.7% |
| Suppliers | 440/4 | €50,370 | €40,949 | -€9,421 | -18.7% |
| Advances received on contracts in progress | 46 | - | €191,683 | +€191,683 | |
| Taxes, remuneration and social security | 45 | €53,189 | €3,349 | -€49,840 | -93.7% |
| Taxes | 450/3 | €53,189 | €3,349 | -€49,840 | -93.7% |
| Other amounts payable | 47/48 | €201,292 | €171,937 | -€29,355 | -14.6% |
| Remuneration, social security and pensions | 62 | €55 | €680 | +€625 | +1,141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,167 | €8,004 | -€164 | -2.0% |
| Other operating charges | 640/8 | €2,826 | €1,185 | -€1,641 | -58.1% |
| Gross operating margin | 9900 | €90,548 | €8,936 | -€81,612 | -90.1% |
| Operating profit (loss) | 9901 | €79,500 | -€933 | -€80,433 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €203 | €371 | +€167 | +82.2% |
| Recurring financial charges | 65 | €203 | €371 | +€167 | +82.2% |
| Profit (loss) for the period before taxes | 9903 | €79,299 | -€1,304 | -€80,602 | |
| Income taxes | 67/77 | €208 | €222 | +€13 | +6.4% |
| Profit (loss) for the period | 9904 | €79,090 | -€1,525 | -€80,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,090 | -€1,525 | -€80,616 |
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 20 October 2026 via checked.be.