IMMO PINSON: 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 PINSON
Largest movements
- Receivables within one year +€9,559
up €9,559 (+70.3%), from €13,594 to €23,153
of which Trade receivables: +€9,555
- Cash +€7,452
up €7,452 (+177%), from €4,202 to €11,654
mainly Net result for the year (+€11,792) and Depreciation (+€10,475)
- Intangible fixed assets -€5,813
down €5,813 (-13.3%), from €43,554 to €37,741
- Tangible fixed assets -€4,663
down €4,663 (-26.6%), from €17,533 to €12,870
- Deferred charges and accrued income +€1,131
up €1,131 (+34.1%), from €3,320 to €4,451
- Profit (loss) carried forward +€11,792
up €11,792 (+5.6%), from -€211,204 to -€199,413
- Other debts -€5,000
down €5,000 (-2.1%), from €243,141 to €238,141
- Gross operating margin +€20,345
up €20,345 (+283%), from €7,186 to €27,531
- Other operating charges -€691
down €691 (-23.7%), from €2,913 to €2,222
- Staff costs -€597
down €597 (-20.2%), from €2,961 to €2,364
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 | €82,202 | €89,869 | +€7,667 | +9.3% |
| Fixed assets | 21/28 | €61,087 | €50,611 | -€10,475 | -17.1% |
| Intangible fixed assets | 21 | €43,554 | €37,741 | -€5,813 | -13.3% |
| Tangible fixed assets | 22/27 | €17,533 | €12,870 | -€4,663 | -26.6% |
| Furniture and vehicles | 24 | €17,533 | €12,870 | -€4,663 | -26.6% |
| Current assets | 29/58 | €21,116 | €39,258 | +€18,142 | +85.9% |
| Amounts receivable within one year | 40/41 | €13,594 | €23,153 | +€9,559 | +70.3% |
| Trade receivables | 40 | €13,594 | €23,149 | +€9,555 | +70.3% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €4,202 | €11,654 | +€7,452 | +177% |
| Deferred charges and accrued income | 490/1 | €3,320 | €4,451 | +€1,131 | +34.1% |
| Total equity and liabilities | 10/49 | €82,202 | €89,869 | +€7,667 | +9.3% |
| Equity | 10/15 | -€188,104 | -€176,313 | +€11,792 | +6.3% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,204 | -€199,413 | +€11,792 | +5.6% |
| Amounts payable | 17/49 | €270,307 | €266,182 | -€4,125 | -1.5% |
| Amounts payable within one year | 42/48 | €269,932 | €266,182 | -€3,750 | -1.4% |
| Trade debts | 44 | €11,753 | €12,557 | +€804 | +6.8% |
| Suppliers | 440/4 | €11,753 | €12,557 | +€804 | +6.8% |
| Taxes, remuneration and social security | 45 | €15,038 | €15,484 | +€446 | +3.0% |
| Taxes | 450/3 | €14,797 | €15,196 | +€399 | +2.7% |
| Remuneration and social security | 454/9 | €241 | €288 | +€47 | +19.5% |
| Other amounts payable | 47/48 | €243,141 | €238,141 | -€5,000 | -2.1% |
| Accrued charges and deferred income | 492/3 | €374 | - | -€374 | |
| Remuneration, social security and pensions | 62 | €2,961 | €2,364 | -€597 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,391 | €10,475 | +€84 | +0.8% |
| Other operating charges | 640/8 | €2,913 | €2,222 | -€691 | -23.7% |
| Gross operating margin | 9900 | €7,186 | €27,531 | +€20,345 | +283% |
| Operating profit (loss) | 9901 | -€9,079 | €12,469 | +€21,549 | |
| Financial income | 75/76B | €8 | €14 | +€7 | +83.9% |
| Recurring financial income | 75 | €8 | €14 | +€7 | +83.9% |
| Financial charges | 65/66B | €596 | €696 | +€100 | +16.8% |
| Recurring financial charges | 65 | €596 | €696 | +€100 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,667 | €11,788 | +€21,455 | |
| Income taxes | 67/77 | €2 | -€3 | -€6 | |
| Profit (loss) for the period | 9904 | -€9,669 | €11,792 | +€21,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,669 | €11,792 | +€21,461 |
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 22 October 2026 via checked.be.