IMMO EECKE: what changed
Two fiscal 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 EECKE
Largest movements
- Cash +€754,191
up €754,191 (+174.9%), from €431,253 to €1.2m
mainly Trade debts (+€350,382) and Net result for the year (+€237,329)
- Current investments -€233,899
down €233,899 (-10.7%), from €2.2m to €2.0m
- Receivables within one year +€145,297
up €145,297 (+20.1%), from €723,798 to €869,095
of which Trade receivables: +€166,037
- Trade debts +€350,382
up €350,382 (+20.9%), from €1.7m to €2.0m
- Reserves +€237,329
up €237,329 (+43.7%), from €543,363 to €780,692
of which Distributable reserves: +€237,329
- Accrued charges and deferred income +€152,469
up €152,469 (+23.5%), from €648,529 to €800,998
- Debts after one year -€93,865
down €93,865 (-7.2%), from €1.3m to €1.2m
- Tax, wage and social debts +€85,599
up €85,599 (+42.9%), from €199,763 to €285,362
of which Remuneration and social security: +€66,313
- Gross operating margin +€39,187
up €39,187 (+2.0%), from €1.9m to €2.0m
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 | €4,732,163 | €5,413,903 | +€681,741 | +14.4% |
| Fixed assets | 21/28 | €1,381,459 | €1,382,700 | +€1,241 | +0.1% |
| Intangible fixed assets | 21 | €18,861 | €14,361 | -€4,500 | -23.9% |
| Tangible fixed assets | 22/27 | €1,362,598 | €1,368,339 | +€5,741 | +0.4% |
| Plant, machinery and equipment | 23 | €4,300 | €6,882 | +€2,582 | +60.1% |
| Furniture and vehicles | 24 | €123,426 | €86,837 | -€36,589 | -29.6% |
| Other tangible fixed assets | 26 | €1,234,872 | €1,274,620 | +€39,747 | +3.2% |
| Current assets | 29/58 | €3,350,704 | €4,031,204 | +€680,500 | +20.3% |
| Amounts receivable within one year | 40/41 | €723,798 | €869,095 | +€145,297 | +20.1% |
| Trade receivables | 40 | €686,145 | €852,182 | +€166,037 | +24.2% |
| Other amounts receivable | 41 | €37,653 | €16,912 | -€20,740 | -55.1% |
| Current investments | 50/53 | €2,183,899 | €1,950,000 | -€233,899 | -10.7% |
| Cash at bank and in hand | 54/58 | €431,253 | €1,185,443 | +€754,191 | +174.9% |
| Deferred charges and accrued income | 490/1 | €11,755 | €26,666 | +€14,911 | +126.8% |
| Total equity and liabilities | 10/49 | €4,732,163 | €5,413,903 | +€681,741 | +14.4% |
| Equity | 10/15 | €605,363 | €842,692 | +€237,329 | +39.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €543,363 | €780,692 | +€237,329 | +43.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €537,163 | €774,492 | +€237,329 | +44.2% |
| Amounts payable | 17/49 | €4,126,800 | €4,571,212 | +€444,411 | +10.8% |
| Amounts payable after more than one year | 17 | €1,310,910 | €1,217,045 | -€93,865 | -7.2% |
| Financial debts | 170/4 | €1,310,910 | €1,217,045 | -€93,865 | -7.2% |
| Amounts payable within one year | 42/48 | €2,167,362 | €2,553,169 | +€385,808 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €230,157 | €243,865 | +€13,709 | +6.0% |
| Trade debts | 44 | €1,672,685 | €2,023,067 | +€350,382 | +20.9% |
| Suppliers | 440/4 | €1,672,685 | €2,023,067 | +€350,382 | +20.9% |
| Taxes, remuneration and social security | 45 | €199,763 | €285,362 | +€85,599 | +42.9% |
| Taxes | 450/3 | €58,232 | €77,519 | +€19,287 | +33.1% |
| Remuneration and social security | 454/9 | €141,531 | €207,844 | +€66,313 | +46.9% |
| Other amounts payable | 47/48 | €64,757 | €875 | -€63,882 | -98.6% |
| Accrued charges and deferred income | 492/3 | €648,529 | €800,998 | +€152,469 | +23.5% |
| Non-recurring operating income | 76A | €14,569 | €1,871 | -€12,697 | -87.2% |
| Remuneration, social security and pensions | 62 | €1,467,982 | €1,448,398 | -€19,584 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202,366 | €216,018 | +€13,651 | +6.7% |
| Other operating charges | 640/8 | €17,803 | €8,055 | -€9,748 | -54.8% |
| Gross operating margin | 9900 | €1,949,192 | €1,988,379 | +€39,187 | +2.0% |
| Operating profit (loss) | 9901 | €261,041 | €315,908 | +€54,867 | +21.0% |
| Financial income | 75/76B | €60,583 | €53,039 | -€7,544 | -12.5% |
| Recurring financial income | 75 | €60,583 | €53,039 | -€7,544 | -12.5% |
| Financial charges | 65/66B | €59,531 | €50,370 | -€9,161 | -15.4% |
| Recurring financial charges | 65 | €59,531 | €50,370 | -€9,161 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €262,094 | €318,578 | +€56,484 | +21.6% |
| Income taxes | 67/77 | €71,064 | €81,249 | +€10,185 | +14.3% |
| Profit (loss) for the period | 9904 | €191,030 | €237,329 | +€46,299 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €191,030 | €237,329 | +€46,299 | +24.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.