IMMO PAREL: 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.
What changed
IMMO PAREL
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,374
2024 · -€9,649+€17,022
Equity
€248,813
2024 · €241,440+€7,374
Cash
€12,491
2024 · €7,132+€5,359
Balance sheet total
€904,104
2024 · €964,660-€60,555
Largest movements
Assets
- Tangible fixed assets -€73,523
down €73,523 (-7.7%), from €950,340 to €876,818
of which Land and buildings: -€69,392
Equity and liabilities
- Debts after one year -€62,523
down €62,523 (-9.6%), from €648,760 to €586,237
Income statement
- Gross operating margin +€17,378
up €17,378 (+24.6%), from €70,699 to €88,077
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.
Result 2024
-€9,649
Gross operating margin
+€17,378
Depreciation
-€798
Other operating charges
+€80
Financial income
-€73
Financial charges
+€436
Result 2025
€7,374
raises the resultlowers the result
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.
From operations
+€67,475
Investment
€0
Financing
-€62,115
Cash 2024
€7,132
From operations (derived)
+€67,475
Net result for the year
+€7,374
Depreciation
+€73,523
Receivables within one year
-€8,861
Deferred charges and accrued income
+€1,253
Trade debts
-€4,098
Other debts
-€1,716
Financing
-€62,115
Debts after one year
-€62,523
Current portion of long-term debt
+€408
Cash 2025
€12,491
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €964,660 | €904,104 | -€60,555 | -6.3% |
| Fixed assets | 21/28 | €950,340 | €876,818 | -€73,523 | -7.7% |
| Tangible fixed assets | 22/27 | €950,340 | €876,818 | -€73,523 | -7.7% |
| Land and buildings | 22 | €945,889 | €876,498 | -€69,392 | -7.3% |
| Plant, machinery and equipment | 23 | €65 | €0 | -€65 | -100% |
| Furniture and vehicles | 24 | €4,386 | €320 | -€4,066 | -92.7% |
| Current assets | 29/58 | €14,320 | €27,287 | +€12,967 | +90.6% |
| Amounts receivable within one year | 40/41 | €5,266 | €14,127 | +€8,861 | +168% |
| Trade receivables | 40 | €2,321 | €9,785 | +€7,464 | +322% |
| Other amounts receivable | 41 | €2,946 | €4,343 | +€1,397 | +47.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,132 | €12,491 | +€5,359 | +75.1% |
| Deferred charges and accrued income | 490/1 | €1,921 | €668 | -€1,253 | -65.2% |
| Total equity and liabilities | 10/49 | €964,660 | €904,104 | -€60,555 | -6.3% |
| Equity | 10/15 | €241,440 | €248,813 | +€7,374 | +3.1% |
| Contributions | 10/11 | €260,400 | €260,400 | = | 0.0% |
| Reserves | 13 | €22,325 | €22,325 | = | 0.0% |
| Distributable reserves | 133 | €22,325 | €22,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,285 | -€33,912 | +€7,374 | +17.9% |
| Amounts payable | 17/49 | €723,220 | €655,291 | -€67,929 | -9.4% |
| Amounts payable after more than one year | 17 | €648,760 | €586,237 | -€62,523 | -9.6% |
| Financial debts | 170/4 | €648,760 | €586,237 | -€62,523 | -9.6% |
| Amounts payable within one year | 42/48 | €74,460 | €69,054 | -€5,406 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €62,115 | €62,523 | +€408 | +0.7% |
| Trade debts | 44 | €10,629 | €6,531 | -€4,098 | -38.6% |
| Suppliers | 440/4 | €10,629 | €6,531 | -€4,098 | -38.6% |
| Other amounts payable | 47/48 | €1,716 | €0 | -€1,716 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,725 | €73,523 | +€798 | +1.1% |
| Other operating charges | 640/8 | €2,513 | €2,433 | -€80 | -3.2% |
| Gross operating margin | 9900 | €70,699 | €88,077 | +€17,378 | +24.6% |
| Operating profit (loss) | 9901 | -€4,538 | €12,121 | +€16,659 | |
| Financial income | 75/76B | €89 | €16 | -€73 | -82.6% |
| Recurring financial income | 75 | €89 | €16 | -€73 | -82.6% |
| Financial charges | 65/66B | €5,199 | €4,763 | -€436 | -8.4% |
| Recurring financial charges | 65 | €5,199 | €4,763 | -€436 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,649 | €7,374 | +€17,022 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,649 | €7,374 | +€17,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,649 | €7,374 | +€17,022 |
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.