IMMO-ERASMUS: 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-ERASMUS
Largest movements
- Receivables within one year -€6,727
down €6,727 (-56.8%), from €11,851 to €5,124
of which Other amounts receivable: -€11,727
- Profit (loss) carried forward -€34,563
down €34,563 (-22.4%), from €154,550 to €119,987
- Other debts +€19,106
up €19,106 (+712.1%), from €2,683 to €21,790
- Financial charges -€2,591
down €2,591 (-8.6%), from €30,173 to €27,582
- Gross operating margin +€2,245
up €2,245 (+54.1%), from -€4,153 to -€1,907
- Other operating charges -€2,195
down €2,195 (-27.2%), from €8,076 to €5,882
- Financial income -€619
down €619 (-34.9%), from €1,774 to €1,155
- Taxes +€72
up €72 (+26.3%), from €274 to €346
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 | €630,486 | €626,428 | -€4,057 | -0.6% |
| Current assets | 29/58 | €630,486 | €626,428 | -€4,057 | -0.6% |
| Stocks and contracts in progress | 3 | €512,948 | €512,948 | = | 0.0% |
| Stocks | 30/36 | €512,948 | €512,948 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,851 | €5,124 | -€6,727 | -56.8% |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | €11,851 | €124 | -€11,727 | -98.9% |
| Cash at bank and in hand | 54/58 | €105,686 | €108,355 | +€2,669 | +2.5% |
| Total equity and liabilities | 10/49 | €630,486 | €626,428 | -€4,057 | -0.6% |
| Equity | 10/15 | €154,750 | €120,187 | -€34,563 | -22.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,550 | €119,987 | -€34,563 | -22.4% |
| Amounts payable | 17/49 | €475,736 | €506,241 | +€30,505 | +6.4% |
| Amounts payable after more than one year | 17 | €470,000 | €470,000 | = | 0.0% |
| Financial debts | 170/4 | €470,000 | €470,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,736 | €34,495 | +€28,759 | +501.4% |
| Financial debts | 43 | €2,262 | - | -€2,262 | |
| Credit institutions | 430/8 | €2,262 | - | -€2,262 | |
| Trade debts | 44 | €558 | €6,655 | +€6,097 | +1092.1% |
| Suppliers | 440/4 | €558 | €6,655 | +€6,097 | +1092.1% |
| Advances received on contracts in progress | 46 | - | €6,050 | +€6,050 | |
| Taxes, remuneration and social security | 45 | €232 | - | -€232 | |
| Taxes | 450/3 | €232 | - | -€232 | |
| Other amounts payable | 47/48 | €2,683 | €21,790 | +€19,106 | +712.1% |
| Accrued charges and deferred income | 492/3 | - | €1,746 | +€1,746 | |
| Other operating charges | 640/8 | €8,076 | €5,882 | -€2,195 | -27.2% |
| Gross operating margin | 9900 | -€4,153 | -€1,907 | +€2,245 | +54.1% |
| Operating profit (loss) | 9901 | -€12,229 | -€7,789 | +€4,440 | +36.3% |
| Financial income | 75/76B | €1,774 | €1,155 | -€619 | -34.9% |
| Recurring financial income | 75 | €1,774 | €1,155 | -€619 | -34.9% |
| Financial charges | 65/66B | €30,173 | €27,582 | -€2,591 | -8.6% |
| Recurring financial charges | 65 | €30,173 | €27,582 | -€2,591 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€40,628 | -€34,216 | +€6,411 | +15.8% |
| Income taxes | 67/77 | €274 | €346 | +€72 | +26.3% |
| Profit (loss) for the period | 9904 | -€40,902 | -€34,563 | +€6,339 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,902 | -€34,563 | +€6,339 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.