Immo Pické: 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 Pické
Largest movements
- Receivables within one year +€180,698
up €180,698 (+56.5%), from €320,044 to €500,742
of which Trade receivables: +€182,157
- Tangible fixed assets -€125,110
down €125,110 (-14.7%), from €851,332 to €726,222
of which Land and buildings: -€94,893
- Cash -€64,434
down €64,434 (-7.7%), from €839,370 to €774,936
mainly Contributions, distributions and other (-€852,000) and Receivables within one year (-€180,698)
- Other debts +€590,541
up €590,541 (+222.2%), from €265,818 to €856,360
- Reserves -€511,934
down €511,934 (-27.4%), from €1.9m to €1.4m
- Tax, wage and social debts -€73,171
down €73,171 (-40.9%), from €178,843 to €105,672
of which Taxes: -€74,213
- Debts after one year -€45,109
down €45,109 (-19.6%), from €230,208 to €185,098
- Gross operating margin +€53,247
up €53,247 (+8.0%), from €668,717 to €721,964
- Staff costs +€13,768
up €13,768 (+10.2%), from €134,613 to €148,381
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 | €2,637,335 | €2,622,854 | -€14,481 | -0.5% |
| Fixed assets | 21/28 | €851,332 | €726,222 | -€125,110 | -14.7% |
| Tangible fixed assets | 22/27 | €851,332 | €726,222 | -€125,110 | -14.7% |
| Land and buildings | 22 | €758,545 | €663,652 | -€94,893 | -12.5% |
| Furniture and vehicles | 24 | €92,787 | €62,570 | -€30,217 | -32.6% |
| Current assets | 29/58 | €1,786,003 | €1,896,632 | +€110,629 | +6.2% |
| Amounts receivable within one year | 40/41 | €320,044 | €500,742 | +€180,698 | +56.5% |
| Trade receivables | 40 | €317,536 | €499,692 | +€182,157 | +57.4% |
| Other amounts receivable | 41 | €2,508 | €1,050 | -€1,458 | -58.2% |
| Current investments | 50/53 | €600,000 | €600,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €839,370 | €774,936 | -€64,434 | -7.7% |
| Deferred charges and accrued income | 490/1 | €26,590 | €20,954 | -€5,635 | -21.2% |
| Total equity and liabilities | 10/49 | €2,637,335 | €2,622,854 | -€14,481 | -0.5% |
| Equity | 10/15 | €1,896,906 | €1,384,972 | -€511,934 | -27.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,870,360 | €1,358,426 | -€511,934 | -27.4% |
| Distributable reserves | 133 | €1,870,360 | €1,358,426 | -€511,934 | -27.4% |
| Profit (loss) carried forward | 14 | €20,246 | €20,246 | = | 0.0% |
| Amounts payable | 17/49 | €740,429 | €1,237,882 | +€497,453 | +67.2% |
| Amounts payable after more than one year | 17 | €230,208 | €185,098 | -€45,109 | -19.6% |
| Financial debts | 170/4 | €230,208 | €185,098 | -€45,109 | -19.6% |
| Amounts payable within one year | 42/48 | €510,221 | €1,052,784 | +€542,563 | +106.3% |
| Current portion of amounts payable after more than one year | 42 | €44,655 | €45,109 | +€455 | +1.0% |
| Trade debts | 44 | €20,905 | €45,643 | +€24,738 | +118.3% |
| Suppliers | 440/4 | €20,905 | €45,643 | +€24,738 | +118.3% |
| Taxes, remuneration and social security | 45 | €178,843 | €105,672 | -€73,171 | -40.9% |
| Taxes | 450/3 | €171,013 | €96,800 | -€74,213 | -43.4% |
| Remuneration and social security | 454/9 | €7,831 | €8,872 | +€1,042 | +13.3% |
| Other amounts payable | 47/48 | €265,818 | €856,360 | +€590,541 | +222.2% |
| Non-recurring operating income | 76A | €1,979 | €40,459 | +€38,480 | +1944.0% |
| Remuneration, social security and pensions | 62 | €134,613 | €148,381 | +€13,768 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,558 | €73,069 | +€2,511 | +3.6% |
| Other operating charges | 640/8 | €12,098 | €14,330 | +€2,232 | +18.4% |
| Gross operating margin | 9900 | €668,717 | €721,964 | +€53,247 | +8.0% |
| Operating profit (loss) | 9901 | €451,448 | €486,184 | +€34,736 | +7.7% |
| Financial income | 75/76B | €22,819 | €21,533 | -€1,286 | -5.6% |
| Recurring financial income | 75 | €22,819 | €21,533 | -€1,286 | -5.6% |
| Financial charges | 65/66B | €3,917 | €3,676 | -€241 | -6.2% |
| Recurring financial charges | 65 | €3,917 | €3,676 | -€241 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €470,350 | €504,041 | +€33,691 | +7.2% |
| Income taxes | 67/77 | €160,424 | €163,976 | +€3,552 | +2.2% |
| Profit (loss) for the period | 9904 | €309,926 | €340,066 | +€30,139 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €309,926 | €340,066 | +€30,139 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.