IMMO PASTURE: 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 PASTURE
Largest movements
- Tangible fixed assets +€368,406
up €368,406 (+24.1%), from €1.5m to €1.9m
of which Other tangible fixed assets: +€295,083
- Reserves +€1.0m
up €1.0m (+8,505%), from €11,758 to €1.0m
of which Distributable reserves: +€1.0m
- Profit (loss) carried forward -€710,461
down €710,461 (-95.7%), from €742,012 to €31,551
- Financial income -€331,875
down €331,875 (-56.0%), from €592,363 to €260,488
- Depreciation +€77,310
up €77,310 (+88.7%), from €87,170 to €164,480
- Gross operating margin +€31,844
up €31,844 (+14.1%), from €226,297 to €258,140
- Taxes -€9,977
down €9,977 (-41.6%), from €23,965 to €13,987
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 | €8,242,257 | €8,616,508 | +€374,251 | +4.5% |
| Fixed assets | 21/28 | €7,880,017 | €8,248,424 | +€368,406 | +4.7% |
| Tangible fixed assets | 22/27 | €1,526,354 | €1,894,760 | +€368,406 | +24.1% |
| Land and buildings | 22 | €1,526,354 | €1,599,678 | +€73,324 | +4.8% |
| Other tangible fixed assets | 26 | - | €295,083 | +€295,083 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €6,353,663 | €6,353,663 | = | 0.0% |
| Current assets | 29/58 | €362,239 | €368,084 | +€5,845 | +1.6% |
| Amounts receivable within one year | 40/41 | €69,436 | €67,095 | -€2,341 | -3.4% |
| Trade receivables | 40 | €68,162 | €64,095 | -€4,067 | -6.0% |
| Other amounts receivable | 41 | €1,273 | €3,000 | +€1,727 | +136% |
| Cash at bank and in hand | 54/58 | €288,604 | €299,710 | +€11,106 | +3.8% |
| Deferred charges and accrued income | 490/1 | €4,199 | €1,279 | -€2,920 | -69.5% |
| Total equity and liabilities | 10/49 | €8,242,257 | €8,616,508 | +€374,251 | +4.5% |
| Equity | 10/15 | €7,368,602 | €7,658,141 | +€289,539 | +3.9% |
| Contributions | 10/11 | €6,614,832 | €6,614,832 | = | 0.0% |
| Reserves | 13 | €11,758 | €1,011,758 | +€1.0m | +8,505% |
| Tax-exempt reserves | 132 | €6,758 | €6,758 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €1,005,000 | +€1.0m | +20,000% |
| Profit (loss) carried forward | 14 | €742,012 | €31,551 | -€710,461 | -95.7% |
| Amounts payable | 17/49 | €873,655 | €958,366 | +€84,712 | +9.7% |
| Amounts payable after more than one year | 17 | €408,400 | €408,400 | = | 0.0% |
| Other amounts payable | 178/9 | €408,400 | €408,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €452,576 | €503,755 | +€51,179 | +11.3% |
| Trade debts | 44 | €15,012 | €1,052 | -€13,960 | -93.0% |
| Suppliers | 440/4 | €15,012 | €1,052 | -€13,960 | -93.0% |
| Taxes, remuneration and social security | 45 | €31,528 | €19,220 | -€12,308 | -39.0% |
| Taxes | 450/3 | €29,028 | €16,720 | -€12,308 | -42.4% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €406,036 | €483,483 | +€77,447 | +19.1% |
| Accrued charges and deferred income | 492/3 | €12,679 | €46,211 | +€33,532 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,170 | €164,480 | +€77,310 | +88.7% |
| Other operating charges | 640/8 | €2,602 | €4,286 | +€1,684 | +64.7% |
| Gross operating margin | 9900 | €226,297 | €258,140 | +€31,844 | +14.1% |
| Operating profit (loss) | 9901 | €136,524 | €89,374 | -€47,151 | -34.5% |
| Financial income | 75/76B | €592,363 | €260,488 | -€331,875 | -56.0% |
| Recurring financial income | 75 | €592,363 | €260,488 | -€331,875 | -56.0% |
| Financial charges | 65/66B | €45,240 | €46,335 | +€1,095 | +2.4% |
| Recurring financial charges | 65 | €45,240 | €46,335 | +€1,095 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €683,647 | €303,527 | -€380,120 | -55.6% |
| Income taxes | 67/77 | €23,965 | €13,987 | -€9,977 | -41.6% |
| Profit (loss) for the period | 9904 | €659,682 | €289,539 | -€370,143 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €659,682 | €289,539 | -€370,143 | -56.1% |
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 16 October 2026 via checked.be.