IMMO PEVENAGE: 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 PEVENAGE
Largest movements
- Tangible fixed assets -€148,442
down €148,442 (-90.9%), from €163,376 to €14,934
of which Land and buildings: -€162,906
- Cash +€78,078
up €78,078 (+1,951%), from €4,003 to €82,081
mainly Investment in fixed assets (net) (+€148,376) and Net result for the year (+€52,552)
- Receivables within one year +€11,864
up €11,864 (+121%), from €9,817 to €21,681
of which Trade receivables: +€11,892
- Debts after one year -€124,952
down €124,952 (-100%), from €124,952 to €0
- Profit (loss) carried forward +€52,552
up €52,552 (+40.4%), from -€130,121 to -€77,569
- Other debts +€25,497
up €25,497 (+97.2%), from €26,230 to €51,728
- Current portion of long-term debt -€13,997
down €13,997 (-100%), from €13,997 to €0
- Tax, wage and social debts +€6,991
up €6,991 (+845%), from €828 to €7,819
- Gross operating margin +€55,584
up €55,584 (+1,504%), from €3,695 to €59,279
- Depreciation -€28,126
down €28,126 (-99.8%), from €28,191 to €66
- Other operating charges -€2,774
down €2,774 (-51.9%), from €5,346 to €2,572
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 | €177,735 | €118,913 | -€58,822 | -33.1% |
| Fixed assets | 21/28 | €163,376 | €14,934 | -€148,442 | -90.9% |
| Tangible fixed assets | 22/27 | €163,376 | €14,934 | -€148,442 | -90.9% |
| Land and buildings | 22 | €162,906 | €0 | -€162,906 | -100% |
| Furniture and vehicles | 24 | €470 | €14,934 | +€14,464 | +3,076% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €14,359 | €103,979 | +€89,620 | +624% |
| Amounts receivable within one year | 40/41 | €9,817 | €21,681 | +€11,864 | +121% |
| Trade receivables | 40 | €9,442 | €21,334 | +€11,892 | +126% |
| Other amounts receivable | 41 | €375 | €347 | -€28 | -7.5% |
| Cash at bank and in hand | 54/58 | €4,003 | €82,081 | +€78,078 | +1,951% |
| Deferred charges and accrued income | 490/1 | €539 | €217 | -€322 | -59.7% |
| Total equity and liabilities | 10/49 | €177,735 | €118,913 | -€58,822 | -33.1% |
| Equity | 10/15 | €1,743 | €54,296 | +€52,552 | +3,015% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,265 | €113,265 | = | 0.0% |
| Distributable reserves | 133 | €113,265 | €113,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,121 | -€77,569 | +€52,552 | +40.4% |
| Amounts payable | 17/49 | €175,992 | €64,618 | -€111,374 | -63.3% |
| Amounts payable after more than one year | 17 | €124,952 | €0 | -€124,952 | -100% |
| Financial debts | 170/4 | €124,952 | €0 | -€124,952 | -100% |
| Amounts payable within one year | 42/48 | €51,039 | €64,618 | +€13,579 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €13,997 | €0 | -€13,997 | -100% |
| Financial debts | 43 | €265 | €0 | -€265 | -100% |
| Credit institutions | 430/8 | €265 | €0 | -€265 | -100% |
| Trade debts | 44 | €9,720 | €5,071 | -€4,649 | -47.8% |
| Suppliers | 440/4 | €9,720 | €5,071 | -€4,649 | -47.8% |
| Taxes, remuneration and social security | 45 | €828 | €7,819 | +€6,991 | +845% |
| Taxes | 450/3 | €828 | €7,819 | +€6,991 | +845% |
| Other amounts payable | 47/48 | €26,230 | €51,728 | +€25,497 | +97.2% |
| Non-recurring operating income | 76A | - | €34,624 | +€34,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,191 | €66 | -€28,126 | -99.8% |
| Other operating charges | 640/8 | €5,346 | €2,572 | -€2,774 | -51.9% |
| Non-recurring operating charges | 66A | - | €479 | +€479 | |
| Gross operating margin | 9900 | €3,695 | €59,279 | +€55,584 | +1,504% |
| Operating profit (loss) | 9901 | -€29,843 | €56,163 | +€86,005 | |
| Financial income | 75/76B | €203 | €0 | -€202 | -99.8% |
| Recurring financial income | 75 | €203 | €0 | -€202 | -99.8% |
| Financial charges | 65/66B | €3,129 | €3,435 | +€305 | +9.8% |
| Recurring financial charges | 65 | €3,129 | €3,435 | +€305 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,769 | €52,728 | +€85,498 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€32,944 | €52,552 | +€85,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,944 | €52,552 | +€85,496 |
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 20 October 2026 via checked.be.