IMMO PASA NADA: 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 PASA NADA
Largest movements
- Tangible fixed assets -€31,212
down €31,212 (-3.2%), from €963,088 to €931,876
- Receivables within one year -€27,282
down €27,282 (-49.7%), from €54,841 to €27,559
- Cash +€19,070
up €19,070 (+1,703%), from €1,120 to €20,190
mainly Net result for the year (+€87,029) and Investment in fixed assets (net) (+€27,465)
- Profit (loss) carried forward +€87,029
up €87,029 (+52.2%), from -€166,614 to -€79,585
- Other debts -€67,451
down €67,451 (-11.4%), from €592,451 to €525,000
- Short-term financial debts -€60,000
down €60,000 (-10.0%), from €600,000 to €540,000
- Gross operating margin +€117,840
up €117,840, from -€3,280 to €114,560
- Financial charges -€6,826
down €6,826 (-23.3%), from €29,269 to €22,443
- Depreciation -€3,010
down €3,010 (-44.5%), from €6,757 to €3,747
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 | €1,034,049 | €994,625 | -€39,424 | -3.8% |
| Fixed assets | 21/28 | €978,088 | €946,876 | -€31,212 | -3.2% |
| Tangible fixed assets | 22/27 | €963,088 | €931,876 | -€31,212 | -3.2% |
| Land and buildings | 22 | €963,088 | €931,876 | -€31,212 | -3.2% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €55,961 | €47,749 | -€8,212 | -14.7% |
| Amounts receivable within one year | 40/41 | €54,841 | €27,559 | -€27,282 | -49.7% |
| Other amounts receivable | 41 | €54,841 | €27,559 | -€27,282 | -49.7% |
| Cash at bank and in hand | 54/58 | €1,120 | €20,190 | +€19,070 | +1,703% |
| Total equity and liabilities | 10/49 | €1,034,049 | €994,625 | -€39,424 | -3.8% |
| Equity | 10/15 | -€160,414 | -€73,385 | +€87,029 | +54.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,614 | -€79,585 | +€87,029 | +52.2% |
| Amounts payable | 17/49 | €1,194,463 | €1,068,010 | -€126,453 | -10.6% |
| Amounts payable within one year | 42/48 | €1,192,533 | €1,067,500 | -€125,033 | -10.5% |
| Financial debts | 43 | €600,000 | €540,000 | -€60,000 | -10.0% |
| Credit institutions | 430/8 | €600,000 | €540,000 | -€60,000 | -10.0% |
| Trade debts | 44 | €82 | €2,500 | +€2,418 | +2,949% |
| Suppliers | 440/4 | €82 | €2,500 | +€2,418 | +2,949% |
| Other amounts payable | 47/48 | €592,451 | €525,000 | -€67,451 | -11.4% |
| Accrued charges and deferred income | 492/3 | €1,930 | €510 | -€1,420 | -73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,757 | €3,747 | -€3,010 | -44.5% |
| Other operating charges | 640/8 | €1,308 | €1,341 | +€33 | +2.5% |
| Gross operating margin | 9900 | -€3,280 | €114,560 | +€117,840 | |
| Operating profit (loss) | 9901 | -€11,345 | €109,472 | +€120,817 | |
| Financial charges | 65/66B | €29,269 | €22,443 | -€6,826 | -23.3% |
| Recurring financial charges | 65 | €29,269 | €22,443 | -€6,826 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€40,614 | €87,029 | +€127,643 | |
| Profit (loss) for the period | 9904 | -€40,614 | €87,029 | +€127,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,614 | €87,029 | +€127,643 |
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.