IMMO FINISTERRA: what changed
IMMO FINISTERRA
Largest movements
- Receivables within one year -€140,000
no longer reported in 2025 (was €140,000)
- Cash +€139,460
up €139,460 (+4,428%), from €3,149 to €142,610
mainly Receivables within one year (+€140,000) and Depreciation (+€19,805)
- Tangible fixed assets -€19,805
down €19,805 (-7.6%), from €259,921 to €240,116
of which Land and buildings: -€114,721
- Profit (loss) carried forward -€12,985
down €12,985 (-35.5%), from -€36,565 to -€49,551
- Debts after one year -€10,151
down €10,151 (-3.7%), from €277,468 to €267,317
- Financial income +€8,000
new in 2025: €8,000
- Financial charges +€2,352
up €2,352 (+94.7%), from €2,483 to €4,835
- Gross operating margin +€249
up €249 (+5.2%), from €4,768 to €5,017
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €403,070 | €382,726 | -€20,345 | -5.0% |
| Fixed assets | 21/28 | €259,921 | €240,116 | -€19,805 | -7.6% |
| Tangible fixed assets | 22/27 | €259,921 | €240,116 | -€19,805 | -7.6% |
| Land and buildings | 22 | €259,921 | €145,200 | -€114,721 | -44.1% |
| Other tangible fixed assets | 26 | - | €94,916 | +€94,916 | |
| Current assets | 29/58 | €143,149 | €142,610 | -€540 | -0.4% |
| Amounts receivable within one year | 40/41 | €140,000 | - | -€140,000 | |
| Other amounts receivable | 41 | €140,000 | - | -€140,000 | |
| Cash at bank and in hand | 54/58 | €3,149 | €142,610 | +€139,460 | +4,428% |
| Total equity and liabilities | 10/49 | €403,070 | €382,726 | -€20,345 | -5.0% |
| Equity | 10/15 | -€34,565 | -€47,551 | -€12,985 | -37.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,565 | -€49,551 | -€12,985 | -35.5% |
| Amounts payable | 17/49 | €437,635 | €430,276 | -€7,359 | -1.7% |
| Amounts payable after more than one year | 17 | €277,468 | €267,317 | -€10,151 | -3.7% |
| Financial debts | 170/4 | €277,468 | €267,317 | -€10,151 | -3.7% |
| Amounts payable within one year | 42/48 | €160,167 | €162,959 | +€2,792 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,151 | +€151 | +1.5% |
| Other amounts payable | 47/48 | €150,168 | €152,808 | +€2,641 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,805 | €19,805 | = | 0.0% |
| Other operating charges | 640/8 | €1,329 | €1,362 | +€34 | +2.5% |
| Gross operating margin | 9900 | €4,768 | €5,017 | +€249 | +5.2% |
| Operating profit (loss) | 9901 | -€16,366 | -€16,151 | +€215 | +1.3% |
| Financial income | 75/76B | - | €8,000 | +€8,000 | |
| Recurring financial income | 75 | - | €8,000 | +€8,000 | |
| Financial charges | 65/66B | €2,483 | €4,835 | +€2,352 | +94.7% |
| Recurring financial charges | 65 | €2,483 | €4,835 | +€2,352 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,849 | -€12,985 | +€5,863 | +31.1% |
| Profit (loss) for the period | 9904 | -€18,849 | -€12,985 | +€5,863 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,849 | -€12,985 | +€5,863 | +31.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.