IMMO PIERSON: 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 PIERSON
Largest movements
- Tangible fixed assets -€8,511
down €8,511 (-3.8%), from €226,739 to €218,228
- Cash +€2,770
up €2,770 (+13.3%), from €20,832 to €23,602
mainly Net result for the year (+€17,910) and Depreciation (+€8,511)
- Debts after one year -€13,209
down €13,209 (-70.3%), from €18,783 to €5,575
- Profit (loss) carried forward +€7,910
up €7,910 (+5.6%), from €141,300 to €149,210
- Gross operating margin -€5,139
down €5,139 (-11.0%), from €46,524 to €41,385
- Depreciation +€4,264
up €4,264 (+100%), from €4,247 to €8,511
- Purchases and services +€3,778
up €3,778 (+206%), from €1,837 to €5,615
- Taxes -€2,337
down €2,337 (-28.1%), from €8,307 to €5,970
- Turnover -€1,361
down €1,361 (-2.8%), from €48,361 to €47,000
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 | €252,177 | €248,454 | -€3,723 | -1.5% |
| Fixed assets | 21/28 | €226,739 | €218,228 | -€8,511 | -3.8% |
| Tangible fixed assets | 22/27 | €226,739 | €218,228 | -€8,511 | -3.8% |
| Land and buildings | 22 | €226,739 | €218,228 | -€8,511 | -3.8% |
| Current assets | 29/58 | €25,438 | €30,226 | +€4,788 | +18.8% |
| Amounts receivable within one year | 40/41 | €4,599 | €6,619 | +€2,020 | +43.9% |
| Trade receivables | 40 | - | €6,619 | +€6,619 | |
| Other amounts receivable | 41 | €4,599 | - | -€4,599 | |
| Cash at bank and in hand | 54/58 | €20,832 | €23,602 | +€2,770 | +13.3% |
| Deferred charges and accrued income | 490/1 | €7 | €5 | -€2 | -28.1% |
| Total equity and liabilities | 10/49 | €252,177 | €248,454 | -€3,723 | -1.5% |
| Equity | 10/15 | €209,500 | €217,410 | +€7,910 | +3.8% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,300 | €149,210 | +€7,910 | +5.6% |
| Amounts payable | 17/49 | €42,677 | €31,044 | -€11,634 | -27.3% |
| Amounts payable after more than one year | 17 | €18,783 | €5,575 | -€13,209 | -70.3% |
| Financial debts | 170/4 | €18,783 | €5,575 | -€13,209 | -70.3% |
| Amounts payable within one year | 42/48 | €22,894 | €24,469 | +€1,575 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €12,894 | €13,209 | +€314 | +2.4% |
| Trade debts | 44 | - | €1,057 | +€1,057 | |
| Suppliers | 440/4 | - | €1,057 | +€1,057 | |
| Taxes, remuneration and social security | 45 | - | €203 | +€203 | |
| Taxes | 450/3 | - | €203 | +€203 | |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Turnover | 70 | €48,361 | €47,000 | -€1,361 | -2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,837 | €5,615 | +€3,778 | +206% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,247 | €8,511 | +€4,264 | +100% |
| Other operating charges | 640/8 | €8,049 | €8,300 | +€251 | +3.1% |
| Gross operating margin | 9900 | €46,524 | €41,385 | -€5,139 | -11.0% |
| Operating profit (loss) | 9901 | €34,228 | €24,575 | -€9,654 | -28.2% |
| Financial income | 75/76B | €12 | €12 | +€0 | +1.5% |
| Recurring financial income | 75 | €12 | €12 | +€0 | +1.5% |
| Financial charges | 65/66B | €1,013 | €706 | -€307 | -30.3% |
| Recurring financial charges | 65 | €1,013 | €706 | -€307 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €33,227 | €23,881 | -€9,347 | -28.1% |
| Income taxes | 67/77 | €8,307 | €5,970 | -€2,337 | -28.1% |
| Profit (loss) for the period | 9904 | €24,920 | €17,910 | -€7,010 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,920 | €17,910 | -€7,010 | -28.1% |
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 24 October 2026 via checked.be.