IMMO-PASCA: what changed
Two fiscal 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-PASCA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€778
up €778 (+63.6%), from €1,223 to €2,001
- Gross operating margin -€389
down €389 (-40.8%), from -€953 to -€1,342
- Other operating charges +€204
up €204 (+35.8%), from €569 to €772
- Financial charges +€87
up €87 (+37.1%), from €236 to €323
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.
Cash bridge derived
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 | €497,837 | €497,006 | -€831 | -0.2% |
| Fixed assets | 21/28 | €295,076 | €295,076 | = | 0.0% |
| Financial fixed assets | 28 | €295,076 | €295,076 | = | 0.0% |
| Current assets | 29/58 | €202,760 | €201,929 | -€831 | -0.4% |
| Amounts receivable after more than one year | 29 | €200,526 | €201,486 | +€960 | +0.5% |
| Other amounts receivable | 291 | €200,526 | €201,486 | +€960 | +0.5% |
| Cash at bank and in hand | 54/58 | €2,234 | €443 | -€1,791 | -80.2% |
| Total equity and liabilities | 10/49 | €497,837 | €497,006 | -€831 | -0.2% |
| Equity | 10/15 | €496,558 | €496,121 | -€436 | -0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €406,200 | €406,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,358 | €27,921 | -€436 | -1.5% |
| Amounts payable | 17/49 | €1,279 | €884 | -€395 | -30.9% |
| Amounts payable within one year | 42/48 | €1,279 | €884 | -€395 | -30.9% |
| Trade debts | 44 | €1,279 | €884 | -€395 | -30.9% |
| Suppliers | 440/4 | €1,279 | €884 | -€395 | -30.9% |
| Other operating charges | 640/8 | €569 | €772 | +€204 | +35.8% |
| Gross operating margin | 9900 | -€953 | -€1,342 | -€389 | -40.8% |
| Operating profit (loss) | 9901 | -€1,522 | -€2,114 | -€593 | -38.9% |
| Financial income | 75/76B | €1,223 | €2,001 | +€778 | +63.6% |
| Recurring financial income | 75 | €1,223 | €2,001 | +€778 | +63.6% |
| Financial charges | 65/66B | €236 | €323 | +€87 | +37.1% |
| Recurring financial charges | 65 | €236 | €323 | +€87 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | -€535 | -€436 | +€98 | +18.4% |
| Profit (loss) for the period | 9904 | -€535 | -€436 | +€98 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€535 | -€436 | +€98 | +18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.