IMMO LES EAUX VIVES: 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 LES EAUX VIVES
Largest movements
- Cash +€49,765
up €49,765 (+37.8%), from €131,549 to €181,314
mainly Other debts (+€39,283) and Receivables within one year (+€35,694)
- Receivables within one year -€35,694
down €35,694 (-77.5%), from €46,055 to €10,361
of which Trade receivables: -€25,829
- Tangible fixed assets -€9,290
down €9,290 (-22.8%), from €40,662 to €31,372
of which Furniture and vehicles: -€8,010
- Other debts +€39,283
up €39,283 (+25.2%), from €155,872 to €195,156
- Profit (loss) carried forward -€29,955
down €29,955 (-229%), from -€13,085 to -€43,040
- Accrued charges and deferred income -€5,737
down €5,737 (-61.6%), from €9,319 to €3,583
- Financial charges +€11,831
up €11,831 (+26.6%), from €44,467 to €56,298
- Gross operating margin -€5,086
down €5,086 (-3.2%), from €158,649 to €153,563
- Staff costs +€4,844
up €4,844 (+4.5%), from €108,334 to €113,178
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 | €349,535 | €354,239 | +€4,704 | +1.3% |
| Fixed assets | 21/28 | €40,833 | €31,543 | -€9,290 | -22.8% |
| Tangible fixed assets | 22/27 | €40,662 | €31,372 | -€9,290 | -22.8% |
| Plant, machinery and equipment | 23 | €14,861 | €13,580 | -€1,280 | -8.6% |
| Furniture and vehicles | 24 | €25,802 | €17,792 | -€8,010 | -31.0% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €308,702 | €322,696 | +€13,994 | +4.5% |
| Stocks and contracts in progress | 3 | €125,316 | €125,316 | = | 0.0% |
| Stocks | 30/36 | €125,316 | €125,316 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,055 | €10,361 | -€35,694 | -77.5% |
| Trade receivables | 40 | €25,829 | - | -€25,829 | |
| Other amounts receivable | 41 | €20,226 | €10,361 | -€9,866 | -48.8% |
| Cash at bank and in hand | 54/58 | €131,549 | €181,314 | +€49,765 | +37.8% |
| Deferred charges and accrued income | 490/1 | €5,782 | €5,705 | -€77 | -1.3% |
| Total equity and liabilities | 10/49 | €349,535 | €354,239 | +€4,704 | +1.3% |
| Equity | 10/15 | €167,073 | €137,118 | -€29,955 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,557 | €161,557 | = | 0.0% |
| Distributable reserves | 133 | €161,557 | €161,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,085 | -€43,040 | -€29,955 | -229% |
| Amounts payable | 17/49 | €182,462 | €217,121 | +€34,659 | +19.0% |
| Amounts payable within one year | 42/48 | €173,143 | €213,538 | +€40,396 | +23.3% |
| Trade debts | 44 | €1,343 | €1,774 | +€431 | +32.1% |
| Suppliers | 440/4 | €1,343 | €1,774 | +€431 | +32.1% |
| Taxes, remuneration and social security | 45 | €15,927 | €16,608 | +€682 | +4.3% |
| Taxes | 450/3 | €1,391 | €2,860 | +€1,469 | +106% |
| Remuneration and social security | 454/9 | €14,536 | €13,749 | -€787 | -5.4% |
| Other amounts payable | 47/48 | €155,872 | €195,156 | +€39,283 | +25.2% |
| Accrued charges and deferred income | 492/3 | €9,319 | €3,583 | -€5,737 | -61.6% |
| Remuneration, social security and pensions | 62 | €108,334 | €113,178 | +€4,844 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,316 | €12,013 | +€696 | +6.2% |
| Other operating charges | 640/8 | €2,959 | €1,918 | -€1,041 | -35.2% |
| Gross operating margin | 9900 | €158,649 | €153,563 | -€5,086 | -3.2% |
| Operating profit (loss) | 9901 | €36,040 | €26,454 | -€9,586 | -26.6% |
| Financial income | 75/76B | €386 | €94 | -€292 | -75.6% |
| Recurring financial income | 75 | €386 | €94 | -€292 | -75.6% |
| Financial charges | 65/66B | €44,467 | €56,298 | +€11,831 | +26.6% |
| Recurring financial charges | 65 | €44,467 | €56,298 | +€11,831 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,041 | -€29,751 | -€21,710 | -270% |
| Income taxes | 67/77 | €241 | €204 | -€37 | -15.2% |
| Profit (loss) for the period | 9904 | -€8,282 | -€29,955 | -€21,673 | -262% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,282 | -€29,955 | -€21,673 | -262% |
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 27 October 2026 via checked.be.