IMMO PA33 1: 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 PA33 1
Largest movements
- Receivables within one year -€344,061
down €344,061 (-42.0%), from €820,056 to €475,995
of which Other amounts receivable: -€343,904
- Cash -€10,629
down €10,629 (-78.7%), from €13,511 to €2,883
mainly Other debts (-€250,000) and Tax, wage and social debts (-€51,596)
- Other debts -€250,000
no longer reported in 2025 (was €250,000)
- Tax, wage and social debts -€51,596
down €51,596 (-80.6%), from €63,996 to €12,400
- Profit (loss) carried forward -€30,780
down €30,780, from €24,560 to -€6,219
- Trade debts -€22,314
down €22,314 (-5.2%), from €427,361 to €405,046
- Financial income -€100,162
down €100,162 (-76.8%), from €130,336 to €30,174
- Gross operating margin +€19,812
up €19,812 (+24.8%), from -€80,026 to -€60,214
- Purchases and services -€19,812
down €19,812 (-24.8%), from €80,026 to €60,214
- Taxes -€12,472
down €12,472 (-99.9%), from €12,479 to €8
- Other operating charges -€4,524
down €4,524 (-98.1%), from €4,612 to €88
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 | €833,567 | €478,877 | -€354,690 | -42.6% |
| Current assets | 29/58 | €833,567 | €478,877 | -€354,690 | -42.6% |
| Amounts receivable within one year | 40/41 | €820,056 | €475,995 | -€344,061 | -42.0% |
| Trade receivables | 40 | €17,991 | €17,834 | -€158 | -0.9% |
| Other amounts receivable | 41 | €802,064 | €458,161 | -€343,904 | -42.9% |
| Cash at bank and in hand | 54/58 | €13,511 | €2,883 | -€10,629 | -78.7% |
| Total equity and liabilities | 10/49 | €833,567 | €478,877 | -€354,690 | -42.6% |
| Equity | 10/15 | €92,210 | €61,431 | -€30,780 | -33.4% |
| 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 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,560 | -€6,219 | -€30,780 | |
| Amounts payable | 17/49 | €741,356 | €417,446 | -€323,910 | -43.7% |
| Amounts payable within one year | 42/48 | €741,356 | €417,446 | -€323,910 | -43.7% |
| Trade debts | 44 | €427,361 | €405,046 | -€22,314 | -5.2% |
| Suppliers | 440/4 | €427,361 | €405,046 | -€22,314 | -5.2% |
| Taxes, remuneration and social security | 45 | €63,996 | €12,400 | -€51,596 | -80.6% |
| Taxes | 450/3 | €63,996 | €12,400 | -€51,596 | -80.6% |
| Other amounts payable | 47/48 | €250,000 | - | -€250,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,026 | €60,214 | -€19,812 | -24.8% |
| Other operating charges | 640/8 | €4,612 | €88 | -€4,524 | -98.1% |
| Gross operating margin | 9900 | -€80,026 | -€60,214 | +€19,812 | +24.8% |
| Operating profit (loss) | 9901 | -€84,638 | -€60,301 | +€24,336 | +28.8% |
| Financial income | 75/76B | €130,336 | €30,174 | -€100,162 | -76.8% |
| Recurring financial income | 75 | €130,336 | €30,174 | -€100,162 | -76.8% |
| Financial charges | 65/66B | €221 | €645 | +€424 | +191% |
| Recurring financial charges | 65 | €221 | €645 | +€424 | +191% |
| Profit (loss) for the period before taxes | 9903 | €45,477 | -€30,772 | -€76,249 | |
| Income taxes | 67/77 | €12,479 | €8 | -€12,472 | -99.9% |
| Profit (loss) for the period | 9904 | €32,998 | -€30,780 | -€63,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,998 | -€30,780 | -€63,777 |
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 29 October 2026 via checked.be.