IMMO-CONSULTANT: 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-CONSULTANT
Largest movements
- Receivables after one year +€145,315
up €145,315 (+56.1%), from €259,021 to €404,336
- Tangible fixed assets +€96,946
up €96,946 (+8.4%), from €1.2m to €1.2m
of which Land and buildings: +€84,508
- Debts after one year +€142,893
up €142,893 (+15.0%), from €952,436 to €1.1m
- Reserves +€140,000
up €140,000 (+57.9%), from €241,860 to €381,860
of which Distributable reserves: +€140,000
- Profit (loss) carried forward -€71,434
down €71,434 (-90.8%), from €78,657 to €7,223
- Tax, wage and social debts +€56,642
up €56,642 (+398.0%), from €14,231 to €70,873
- Gross operating margin +€121,015
up €121,015 (+155.8%), from €77,659 to €198,674
- Other operating charges +€24,362
up €24,362 (+847.4%), from €2,875 to €27,237
- Financial charges +€22,457
up €22,457 (+75.4%), from €29,799 to €52,256
- Depreciation +€19,549
up €19,549 (+83.6%), from €23,396 to €42,946
- Taxes +€14,974
up €14,974 (+140.4%), from €10,669 to €25,644
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.
Cash bridge derived
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 | €1,422,651 | €1,677,989 | +€255,339 | +17.9% |
| Fixed assets | 21/28 | €1,163,316 | €1,260,261 | +€96,946 | +8.3% |
| Tangible fixed assets | 22/27 | €1,151,016 | €1,247,961 | +€96,946 | +8.4% |
| Land and buildings | 22 | €1,138,644 | €1,223,152 | +€84,508 | +7.4% |
| Furniture and vehicles | 24 | €12,372 | €24,810 | +€12,438 | +100.5% |
| Financial fixed assets | 28 | €12,300 | €12,300 | = | 0.0% |
| Current assets | 29/58 | €259,335 | €417,728 | +€158,393 | +61.1% |
| Amounts receivable after more than one year | 29 | €259,021 | €404,336 | +€145,315 | +56.1% |
| Trade receivables | 290 | €259,021 | €404,336 | +€145,315 | +56.1% |
| Cash at bank and in hand | 54/58 | €314 | €13,392 | +€13,077 | +4160.3% |
| Total equity and liabilities | 10/49 | €1,422,651 | €1,677,989 | +€255,339 | +17.9% |
| Equity | 10/15 | €339,117 | €407,683 | +€68,566 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,860 | €381,860 | +€140,000 | +57.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €240,000 | €380,000 | +€140,000 | +58.3% |
| Profit (loss) carried forward | 14 | €78,657 | €7,223 | -€71,434 | -90.8% |
| Amounts payable | 17/49 | €1,083,534 | €1,270,306 | +€186,772 | +17.2% |
| Amounts payable after more than one year | 17 | €952,436 | €1,095,329 | +€142,893 | +15.0% |
| Financial debts | 170/4 | €952,436 | €1,095,329 | +€142,893 | +15.0% |
| Amounts payable within one year | 42/48 | €131,097 | €174,577 | +€43,480 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €49,436 | €44,117 | -€5,320 | -10.8% |
| Financial debts | 43 | €11,136 | - | -€11,136 | |
| Credit institutions | 430/8 | €11,136 | - | -€11,136 | |
| Trade debts | 44 | €56,188 | €59,588 | +€3,400 | +6.1% |
| Suppliers | 440/4 | €56,188 | €59,588 | +€3,400 | +6.1% |
| Taxes, remuneration and social security | 45 | €14,231 | €70,873 | +€56,642 | +398.0% |
| Taxes | 450/3 | €14,231 | €70,873 | +€56,642 | +398.0% |
| Other amounts payable | 47/48 | €106 | - | -€106 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,396 | €42,946 | +€19,549 | +83.6% |
| Other operating charges | 640/8 | €2,875 | €27,237 | +€24,362 | +847.4% |
| Gross operating margin | 9900 | €77,659 | €198,674 | +€121,015 | +155.8% |
| Operating profit (loss) | 9901 | €51,388 | €128,492 | +€77,104 | +150.0% |
| Financial income | 75/76B | €17,311 | €17,974 | +€663 | +3.8% |
| Recurring financial income | 75 | €17,311 | €17,974 | +€663 | +3.8% |
| Financial charges | 65/66B | €29,799 | €52,256 | +€22,457 | +75.4% |
| Recurring financial charges | 65 | €29,799 | €52,256 | +€22,457 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €38,900 | €94,210 | +€55,310 | +142.2% |
| Income taxes | 67/77 | €10,669 | €25,644 | +€14,974 | +140.4% |
| Profit (loss) for the period | 9904 | €28,231 | €68,566 | +€40,335 | +142.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,231 | €68,566 | +€40,335 | +142.9% |
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 12 October 2026 via checked.be.