IMMO PAKA: 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 PAKA
Largest movements
- Receivables within one year +€101,196
up €101,196 (+15.7%), from €643,228 to €744,424
- Tangible fixed assets -€15,220
down €15,220 (-6.7%), from €227,210 to €211,990
- Profit (loss) carried forward +€50,388
up €50,388 (+13.5%), from -€374,315 to -€323,927
- Trade debts +€29,862
up €29,862 (+995%), from €3,002 to €32,865
- Other debts +€11,100
new in 2025: €11,100
- Financial charges -€60,966
down €60,966 (-51.1%), from €119,200 to €58,234
- Depreciation -€11,384
down €11,384 (-42.8%), from €26,604 to €15,220
- Financial income -€6,049
down €6,049 (-40.9%), from €14,781 to €8,732
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 | €879,446 | €965,432 | +€85,986 | +9.8% |
| Fixed assets | 21/28 | €227,210 | €211,990 | -€15,220 | -6.7% |
| Tangible fixed assets | 22/27 | €227,210 | €211,990 | -€15,220 | -6.7% |
| Land and buildings | 22 | €227,210 | €211,990 | -€15,220 | -6.7% |
| Current assets | 29/58 | €652,236 | €753,442 | +€101,206 | +15.5% |
| Amounts receivable after more than one year | 29 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 291 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €643,228 | €744,424 | +€101,196 | +15.7% |
| Other amounts receivable | 41 | €643,228 | €744,424 | +€101,196 | +15.7% |
| Cash at bank and in hand | 54/58 | €8 | €17 | +€10 | +130% |
| Total equity and liabilities | 10/49 | €879,446 | €965,432 | +€85,986 | +9.8% |
| Equity | 10/15 | -€33,921 | €16,467 | +€50,388 | |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Revaluation surpluses | 12 | €41,710 | €33,490 | -€8,220 | -19.7% |
| Reserves | 13 | €205,724 | €213,944 | +€8,220 | +4.0% |
| Non-distributable reserves | 130/1 | €8,014 | €8,014 | = | 0.0% |
| Other | 1319 | €8,014 | €8,014 | = | 0.0% |
| Distributable reserves | 133 | €197,710 | €205,930 | +€8,220 | +4.2% |
| Profit (loss) carried forward | 14 | -€374,315 | -€323,927 | +€50,388 | +13.5% |
| Amounts payable | 17/49 | €913,366 | €948,965 | +€35,598 | +3.9% |
| Amounts payable after more than one year | 17 | €905,000 | €905,000 | = | 0.0% |
| Financial debts | 170/4 | €905,000 | €905,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,002 | €43,965 | +€40,962 | +1,364% |
| Trade debts | 44 | €3,002 | €32,865 | +€29,862 | +995% |
| Suppliers | 440/4 | €3,002 | €32,865 | +€29,862 | +995% |
| Other amounts payable | 47/48 | - | €11,100 | +€11,100 | |
| Accrued charges and deferred income | 492/3 | €5,364 | €0 | -€5,364 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,604 | €15,220 | -€11,384 | -42.8% |
| Other operating charges | 640/8 | €19,703 | €20,457 | +€754 | +3.8% |
| Non-recurring operating charges | 66A | €63,300 | €0 | -€63,300 | -100% |
| Gross operating margin | 9900 | €134,623 | €135,566 | +€944 | +0.7% |
| Operating profit (loss) | 9901 | €25,016 | €99,890 | +€74,874 | +299% |
| Financial income | 75/76B | €14,781 | €8,732 | -€6,049 | -40.9% |
| Recurring financial income | 75 | €14,781 | €8,732 | -€6,049 | -40.9% |
| Financial charges | 65/66B | €119,200 | €58,234 | -€60,966 | -51.1% |
| Recurring financial charges | 65 | €119,200 | €58,234 | -€60,966 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | -€79,403 | €50,388 | +€129,790 | |
| Profit (loss) for the period | 9904 | -€79,403 | €50,388 | +€129,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,403 | €50,388 | +€129,790 |
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 15 October 2026 via checked.be.