Immo gallery: 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 gallery
Largest movements
- Stocks and contracts +€163,349
up €163,349 (+48,016%), from €340 to €163,689
- Receivables after one year +€33,891
new in 2025: €33,891
- Cash +€26,559
up €26,559 (+478%), from €5,554 to €32,113
mainly Net result for the year (+€139,576) and Debts after one year (+€68,361)
- Receivables within one year -€11,313
down €11,313 (-23.0%), from €49,243 to €37,930
of which Other amounts receivable: -€11,150
- Profit (loss) carried forward +€139,576
up €139,576 (+44.6%), from -€312,831 to -€173,255
- Debts after one year +€68,361
up €68,361 (+22.6%), from €302,588 to €370,949
- Accrued charges and deferred income +€4,085
up €4,085 (+39.7%), from €10,279 to €14,364
- Gross operating margin +€97,906
up €97,906 (+172%), from €56,923 to €154,829
- Financial charges +€3,989
up €3,989 (+32.0%), from €12,459 to €16,447
- Financial income +€1,777
up €1,777 (+839%), from €212 to €1,989
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.
Derived cash bridge
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 | €55,570 | €268,600 | +€213,029 | +383% |
| Current assets | 29/58 | €55,570 | €268,600 | +€213,029 | +383% |
| Amounts receivable after more than one year | 29 | - | €33,891 | +€33,891 | |
| Other amounts receivable | 291 | - | €33,891 | +€33,891 | |
| Stocks and contracts in progress | 3 | €340 | €163,689 | +€163,349 | +48,016% |
| Stocks | 30/36 | €340 | €163,689 | +€163,349 | +48,016% |
| Amounts receivable within one year | 40/41 | €49,243 | €37,930 | -€11,313 | -23.0% |
| Trade receivables | 40 | €31,093 | €30,930 | -€163 | -0.5% |
| Other amounts receivable | 41 | €18,150 | €7,000 | -€11,150 | -61.4% |
| Cash at bank and in hand | 54/58 | €5,554 | €32,113 | +€26,559 | +478% |
| Deferred charges and accrued income | 490/1 | €433 | €977 | +€544 | +126% |
| Total equity and liabilities | 10/49 | €55,570 | €268,600 | +€213,029 | +383% |
| Equity | 10/15 | -€262,831 | -€123,255 | +€139,576 | +53.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€312,831 | -€173,255 | +€139,576 | +44.6% |
| Amounts payable | 17/49 | €318,401 | €391,854 | +€73,453 | +23.1% |
| Amounts payable after more than one year | 17 | €302,588 | €370,949 | +€68,361 | +22.6% |
| Other amounts payable | 178/9 | €302,588 | €370,949 | +€68,361 | +22.6% |
| Amounts payable within one year | 42/48 | €5,534 | €6,541 | +€1,007 | +18.2% |
| Trade debts | 44 | €575 | €2,281 | +€1,705 | +296% |
| Suppliers | 440/4 | €575 | €2,281 | +€1,705 | +296% |
| Taxes, remuneration and social security | 45 | €4,959 | €4,261 | -€698 | -14.1% |
| Taxes | 450/3 | €4,959 | €4,261 | -€698 | -14.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,279 | €14,364 | +€4,085 | +39.7% |
| Non-recurring operating income | 76A | €484 | €0 | -€484 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €450 | €794 | +€344 | +76.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €56,923 | €154,829 | +€97,906 | +172% |
| Operating profit (loss) | 9901 | €56,473 | €154,035 | +€97,562 | +173% |
| Financial income | 75/76B | €212 | €1,989 | +€1,777 | +839% |
| Recurring financial income | 75 | €212 | €1,989 | +€1,777 | +839% |
| Financial charges | 65/66B | €12,459 | €16,447 | +€3,989 | +32.0% |
| Recurring financial charges | 65 | €12,459 | €16,447 | +€3,989 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €44,226 | €139,576 | +€95,350 | +216% |
| Profit (loss) for the period | 9904 | €44,226 | €139,576 | +€95,350 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €44,226 | €139,576 | +€95,350 | +216% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.