IMMO - ESCAUT: 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 - ESCAUT
Largest movements
- Receivables within one year -€169,026
down €169,026 (-42.4%), from €398,399 to €229,372
- Cash -€45,032
down €45,032 (-50.4%), from €89,371 to €44,338
mainly Other debts (-€209,959) and Tax, wage and social debts (-€4,203)
- Other debts -€209,959
no longer reported in 2025 (was €209,959)
- Gross operating margin -€93,023
down €93,023 (-93.7%), from €99,295 to €6,273
- Taxes -€23,477
down €23,477 (-96.1%), from €24,419 to €942
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 | €559,885 | €341,402 | -€218,483 | -39.0% |
| Current assets | 29/58 | €559,885 | €341,402 | -€218,483 | -39.0% |
| Stocks and contracts in progress | 3 | €72,115 | €67,691 | -€4,424 | -6.1% |
| Stocks | 30/36 | €72,115 | €67,691 | -€4,424 | -6.1% |
| Amounts receivable within one year | 40/41 | €398,399 | €229,372 | -€169,026 | -42.4% |
| Other amounts receivable | 41 | €398,399 | €229,372 | -€169,026 | -42.4% |
| Cash at bank and in hand | 54/58 | €89,371 | €44,338 | -€45,032 | -50.4% |
| Total equity and liabilities | 10/49 | €559,885 | €341,402 | -€218,483 | -39.0% |
| Equity | 10/15 | €342,288 | €341,355 | -€933 | -0.3% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Capital | 10 | €210,000 | €210,000 | = | 0.0% |
| Issued capital | 100 | €210,000 | €210,000 | = | 0.0% |
| Revaluation surpluses | 12 | €61,288 | €57,528 | -€3,760 | -6.1% |
| Reserves | 13 | €71,000 | €73,827 | +€2,827 | +4.0% |
| Non-distributable reserves | 130/1 | €21,000 | €21,000 | = | 0.0% |
| Legal reserve | 130 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €52,827 | +€2,827 | +5.7% |
| Amounts payable | 17/49 | €217,597 | €46 | -€217,550 | -100.0% |
| Amounts payable within one year | 42/48 | €217,550 | - | -€217,550 | |
| Trade debts | 44 | €3,388 | - | -€3,388 | |
| Suppliers | 440/4 | €3,388 | - | -€3,388 | |
| Taxes, remuneration and social security | 45 | €4,203 | - | -€4,203 | |
| Taxes | 450/3 | €4,203 | - | -€4,203 | |
| Other amounts payable | 47/48 | €209,959 | - | -€209,959 | |
| Accrued charges and deferred income | 492/3 | €46 | €46 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €99,295 | €6,273 | -€93,023 | -93.7% |
| Operating profit (loss) | 9901 | €98,328 | €5,274 | -€93,054 | -94.6% |
| Financial income | 75/76B | €167 | - | -€167 | |
| Recurring financial income | 75 | €167 | - | -€167 | |
| Financial charges | 65/66B | €1,404 | €1,505 | +€101 | +7.2% |
| Recurring financial charges | 65 | €1,404 | €1,505 | +€101 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €97,091 | €3,769 | -€93,321 | -96.1% |
| Income taxes | 67/77 | €24,419 | €942 | -€23,477 | -96.1% |
| Profit (loss) for the period | 9904 | €72,672 | €2,827 | -€69,845 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,672 | €2,827 | -€69,845 | -96.1% |
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 10 October 2026 via checked.be.