IMMO PETER: 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 PETER
Largest movements
- Tangible fixed assets +€156,033
up €156,033 (+57.7%), from €270,317 to €426,350
of which Land and buildings: +€168,491
- Receivables within one year +€14,739
up €14,739 (+26.8%), from €55,068 to €69,807
of which Other amounts receivable: +€14,529
- Cash -€10,014
down €10,014 (-90.6%), from €11,051 to €1,037
mainly Investment in fixed assets (net) (-€229,239) and Other debts (-€26,000)
- Debts after one year +€171,312
up €171,312 (+99.7%), from €171,770 to €343,081
- Other debts -€26,000
down €26,000 (-100.0%), from €26,000 to €0
- Current portion of long-term debt +€9,630
up €9,630 (+45.6%), from €21,100 to €30,730
- Reserves +€7,554
up €7,554 (+11.9%), from €63,655 to €71,209
- Trade debts -€6,189
down €6,189 (-38.3%), from €16,167 to €9,978
- Depreciation +€56,645
up €56,645 (+342.0%), from €16,562 to €73,206
- Gross operating margin +€19,109
up €19,109 (+22.7%), from €84,294 to €103,403
- Other operating charges -€17,699
down €17,699 (-75.4%), from €23,463 to €5,765
- Taxes -€10,118
down €10,118 (-68.0%), from €14,883 to €4,765
- Financial charges +€10,005
up €10,005 (+239.3%), from €4,182 to €14,187
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 | €337,760 | €499,138 | +€161,377 | +47.8% |
| Fixed assets | 21/28 | €270,317 | €426,350 | +€156,033 | +57.7% |
| Tangible fixed assets | 22/27 | €270,317 | €426,350 | +€156,033 | +57.7% |
| Land and buildings | 22 | €198,412 | €366,903 | +€168,491 | +84.9% |
| Plant, machinery and equipment | 23 | €6,448 | €6,844 | +€395 | +6.1% |
| Furniture and vehicles | 24 | €907 | €1,523 | +€616 | +67.9% |
| Leasing and similar rights | 25 | €64,550 | €51,081 | -€13,469 | -20.9% |
| Current assets | 29/58 | €67,443 | €72,788 | +€5,345 | +7.9% |
| Amounts receivable within one year | 40/41 | €55,068 | €69,807 | +€14,739 | +26.8% |
| Trade receivables | 40 | €7,318 | €7,529 | +€211 | +2.9% |
| Other amounts receivable | 41 | €47,750 | €62,279 | +€14,529 | +30.4% |
| Cash at bank and in hand | 54/58 | €11,051 | €1,037 | -€10,014 | -90.6% |
| Deferred charges and accrued income | 490/1 | €1,324 | €1,944 | +€620 | +46.8% |
| Total equity and liabilities | 10/49 | €337,760 | €499,138 | +€161,377 | +47.8% |
| Equity | 10/15 | €82,933 | €89,759 | +€6,826 | +8.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €63,655 | €71,209 | +€7,554 | +11.9% |
| Distributable reserves | 133 | €63,655 | €71,209 | +€7,554 | +11.9% |
| Profit (loss) carried forward | 14 | €728 | €0 | -€728 | -100.0% |
| Amounts payable | 17/49 | €254,827 | €409,379 | +€154,552 | +60.6% |
| Amounts payable after more than one year | 17 | €171,770 | €343,081 | +€171,312 | +99.7% |
| Financial debts | 170/4 | €171,770 | €343,081 | +€171,312 | +99.7% |
| Amounts payable within one year | 42/48 | €82,781 | €66,297 | -€16,483 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €21,100 | €30,730 | +€9,630 | +45.6% |
| Trade debts | 44 | €16,167 | €9,978 | -€6,189 | -38.3% |
| Suppliers | 440/4 | €16,167 | €9,978 | -€6,189 | -38.3% |
| Taxes, remuneration and social security | 45 | €19,513 | €25,589 | +€6,076 | +31.1% |
| Taxes | 450/3 | €18,963 | €25,589 | +€6,626 | +34.9% |
| Remuneration and social security | 454/9 | €550 | €0 | -€550 | -100.0% |
| Other amounts payable | 47/48 | €26,000 | €0 | -€26,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €277 | €0 | -€277 | -100.0% |
| Remuneration, social security and pensions | 62 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,562 | €73,206 | +€56,645 | +342.0% |
| Other operating charges | 640/8 | €23,463 | €5,765 | -€17,699 | -75.4% |
| Gross operating margin | 9900 | €84,294 | €103,403 | +€19,109 | +22.7% |
| Operating profit (loss) | 9901 | €44,169 | €24,432 | -€19,737 | -44.7% |
| Financial income | 75/76B | €985 | €1,345 | +€360 | +36.6% |
| Recurring financial income | 75 | €985 | €1,345 | +€360 | +36.6% |
| Financial charges | 65/66B | €4,182 | €14,187 | +€10,005 | +239.3% |
| Recurring financial charges | 65 | €4,182 | €14,187 | +€10,005 | +239.3% |
| Profit (loss) for the period before taxes | 9903 | €40,972 | €11,590 | -€29,382 | -71.7% |
| Income taxes | 67/77 | €14,883 | €4,765 | -€10,118 | -68.0% |
| Profit (loss) for the period | 9904 | €26,090 | €6,826 | -€19,264 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,090 | €6,826 | -€19,264 | -73.8% |
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 12 October 2026 via checked.be.