IMMO JURGUN: 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 JURGUN
Largest movements
- Tangible fixed assets -€341,907
down €341,907 (-9.7%), from €3.5m to €3.2m
of which Land and buildings: -€305,984
- Receivables within one year +€37,381
new in 2025: €37,381
- Other debts -€466,006
down €466,006 (-92.6%), from €503,131 to €37,125
- Reserves +€355,344
up €355,344 (+36.1%), from €984,889 to €1.3m
of which Tax-exempt reserves: +€222,601
- Debts after one year -€265,265
down €265,265 (-15.6%), from €1.7m to €1.4m
- Trade debts -€75,699
down €75,699 (-98.0%), from €77,278 to €1,579
- Provisions +€74,200
up €74,200 (+251%), from €29,560 to €103,760
- Gross operating margin +€328,171
up €328,171 (+74.6%), from €439,749 to €767,920
- Depreciation -€23,643
down €23,643 (-12.3%), from €191,814 to €168,171
- Financial charges -€22,840
down €22,840 (-26.9%), from €85,022 to €62,182
- Taxes +€19,540
up €19,540 (+43.1%), from €45,375 to €64,915
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 | €3,680,802 | €3,341,482 | -€339,320 | -9.2% |
| Fixed assets | 21/28 | €3,541,711 | €3,199,804 | -€341,907 | -9.7% |
| Tangible fixed assets | 22/27 | €3,541,711 | €3,199,804 | -€341,907 | -9.7% |
| Land and buildings | 22 | €3,367,166 | €3,061,182 | -€305,984 | -9.1% |
| Furniture and vehicles | 24 | €4,271 | €1,363 | -€2,908 | -68.1% |
| Other tangible fixed assets | 26 | €170,275 | €137,259 | -€33,015 | -19.4% |
| Current assets | 29/58 | €139,091 | €141,678 | +€2,587 | +1.9% |
| Amounts receivable within one year | 40/41 | - | €37,381 | +€37,381 | |
| Other amounts receivable | 41 | - | €37,381 | +€37,381 | |
| Cash at bank and in hand | 54/58 | €136,037 | €99,369 | -€36,668 | -27.0% |
| Deferred charges and accrued income | 490/1 | €3,054 | €4,928 | +€1,875 | +61.4% |
| Total equity and liabilities | 10/49 | €3,680,802 | €3,341,482 | -€339,320 | -9.2% |
| Equity | 10/15 | €1,046,389 | €1,401,733 | +€355,344 | +34.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €984,889 | €1,340,233 | +€355,344 | +36.1% |
| Non-distributable reserves | 130/1 | €65,695 | €65,695 | = | 0.0% |
| Legal reserve | 130 | €65,695 | €65,695 | = | 0.0% |
| Tax-exempt reserves | 132 | €88,680 | €311,280 | +€222,601 | +251% |
| Distributable reserves | 133 | €830,514 | €963,258 | +€132,744 | +16.0% |
| Provisions and deferred taxes | 16 | €29,560 | €103,760 | +€74,200 | +251% |
| Deferred taxes | 168 | €29,560 | €103,760 | +€74,200 | +251% |
| Amounts payable | 17/49 | €2,604,854 | €1,835,989 | -€768,865 | -29.5% |
| Amounts payable after more than one year | 17 | €1,696,178 | €1,430,913 | -€265,265 | -15.6% |
| Financial debts | 170/4 | €1,696,178 | €1,430,913 | -€265,265 | -15.6% |
| Amounts payable within one year | 42/48 | €847,176 | €340,076 | -€507,100 | -59.9% |
| Current portion of amounts payable after more than one year | 42 | €246,323 | €261,882 | +€15,559 | +6.3% |
| Trade debts | 44 | €77,278 | €1,579 | -€75,699 | -98.0% |
| Suppliers | 440/4 | €77,278 | €1,579 | -€75,699 | -98.0% |
| Taxes, remuneration and social security | 45 | €20,444 | €39,490 | +€19,046 | +93.2% |
| Taxes | 450/3 | €20,444 | €39,490 | +€19,046 | +93.2% |
| Other amounts payable | 47/48 | €503,131 | €37,125 | -€466,006 | -92.6% |
| Accrued charges and deferred income | 492/3 | €61,500 | €65,000 | +€3,500 | +5.7% |
| Non-recurring operating income | 76A | €53,407 | €308,021 | +€254,614 | +477% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,814 | €168,171 | -€23,643 | -12.3% |
| Other operating charges | 640/8 | €42,666 | €43,110 | +€444 | +1.0% |
| Gross operating margin | 9900 | €439,749 | €767,920 | +€328,171 | +74.6% |
| Operating profit (loss) | 9901 | €205,270 | €556,639 | +€351,369 | +171% |
| Financial income | 75/76B | €0 | €3 | +€3 | +4,183% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +4,183% |
| Financial charges | 65/66B | €85,022 | €62,182 | -€22,840 | -26.9% |
| Recurring financial charges | 65 | €85,022 | €62,182 | -€22,840 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €120,247 | €494,459 | +€374,212 | +311% |
| Transfer from deferred taxes | 780 | €11,220 | €11,220 | = | 0.0% |
| Transfer to deferred taxes | 680 | - | €77,005 | +€77,005 | |
| Income taxes | 67/77 | €45,375 | €64,915 | +€19,540 | +43.1% |
| Profit (loss) for the period | 9904 | €86,093 | €363,759 | +€277,666 | +323% |
| Transfer to tax-exempt reserves | 689 | - | €231,015 | +€231,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,093 | €132,744 | +€46,651 | +54.2% |
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 15 October 2026 via checked.be.