IMMO PAN H Constructions: 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 PAN H Constructions
Largest movements
- Receivables within one year +€871
up €871 (+6.9%), from €12,536 to €13,407
of which Other amounts receivable: +€871
- Other debts +€4,787
up €4,787 (+13.0%), from €36,923 to €41,710
- Trade debts -€1,963
down €1,963 (-9.8%), from €19,998 to €18,035
- Profit (loss) carried forward -€1,951
down €1,951 (-3.7%), from -€53,367 to -€55,318
- Gross operating margin +€33,965
up €33,965 (+95.0%), from -€35,754 to -€1,789
- Financial charges -€8,438
down €8,438 (-98.1%), from €8,600 to €163
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 | €12,553 | €13,426 | +€873 | +7.0% |
| Current assets | 29/58 | €12,553 | €13,426 | +€873 | +7.0% |
| Amounts receivable within one year | 40/41 | €12,536 | €13,407 | +€871 | +6.9% |
| Trade receivables | 40 | €10,666 | €10,666 | = | 0.0% |
| Other amounts receivable | 41 | €1,870 | €2,741 | +€871 | +46.6% |
| Cash at bank and in hand | 54/58 | €17 | €19 | +€2 | +9.9% |
| Total equity and liabilities | 10/49 | €12,553 | €13,426 | +€873 | +7.0% |
| Equity | 10/15 | -€44,367 | -€46,318 | -€1,951 | -4.4% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,367 | -€55,318 | -€1,951 | -3.7% |
| Amounts payable | 17/49 | €56,920 | €59,744 | +€2,824 | +5.0% |
| Amounts payable within one year | 42/48 | €56,920 | €59,744 | +€2,824 | +5.0% |
| Trade debts | 44 | €19,998 | €18,035 | -€1,963 | -9.8% |
| Suppliers | 440/4 | €19,998 | €18,035 | -€1,963 | -9.8% |
| Other amounts payable | 47/48 | €36,923 | €41,710 | +€4,787 | +13.0% |
| Gross operating margin | 9900 | -€35,754 | -€1,789 | +€33,965 | +95.0% |
| Operating profit (loss) | 9901 | -€35,754 | -€1,789 | +€33,965 | +95.0% |
| Financial charges | 65/66B | €8,600 | €163 | -€8,438 | -98.1% |
| Recurring financial charges | 65 | €8,600 | €163 | -€8,438 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€44,354 | -€1,951 | +€42,403 | +95.6% |
| Profit (loss) for the period | 9904 | -€44,354 | -€1,951 | +€42,403 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,354 | -€1,951 | +€42,403 | +95.6% |
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 18 October 2026 via checked.be.