IMMO PIREAU: 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 PIREAU
Largest movements
- Cash -€12,297
down €12,297 (-19.1%), from €64,505 to €52,208
mainly Debts after one year (-€21,502) and Investment in fixed assets (net) (-€14,775)
- Tangible fixed assets -€8,217
down €8,217 (-3.5%), from €233,717 to €225,500
- Debts after one year -€21,502
down €21,502 (-10.2%), from €209,938 to €188,436
- Profit (loss) carried forward +€5,769
up €5,769 (+74.9%), from €7,699 to €13,468
- Accrued charges and deferred income -€4,951
no longer reported in 2025 (was €4,951)
- Depreciation +€445
up €445 (+2.0%), from €22,547 to €22,992
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 | €298,814 | €279,770 | -€19,044 | -6.4% |
| Fixed assets | 21/28 | €233,717 | €225,500 | -€8,217 | -3.5% |
| Tangible fixed assets | 22/27 | €233,717 | €225,500 | -€8,217 | -3.5% |
| Land and buildings | 22 | €233,717 | €225,500 | -€8,217 | -3.5% |
| Current assets | 29/58 | €65,097 | €54,270 | -€10,827 | -16.6% |
| Amounts receivable within one year | 40/41 | €592 | €2,062 | +€1,470 | +248.1% |
| Other amounts receivable | 41 | €592 | €2,062 | +€1,470 | +248.1% |
| Cash at bank and in hand | 54/58 | €64,505 | €52,208 | -€12,297 | -19.1% |
| Total equity and liabilities | 10/49 | €298,814 | €279,770 | -€19,044 | -6.4% |
| Equity | 10/15 | €12,699 | €18,468 | +€5,769 | +45.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,699 | €13,468 | +€5,769 | +74.9% |
| Amounts payable | 17/49 | €286,114 | €261,301 | -€24,813 | -8.7% |
| Amounts payable after more than one year | 17 | €209,938 | €188,436 | -€21,502 | -10.2% |
| Financial debts | 170/4 | €209,938 | €188,436 | -€21,502 | -10.2% |
| Amounts payable within one year | 42/48 | €71,225 | €72,865 | +€1,640 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €21,225 | €21,502 | +€277 | +1.3% |
| Other amounts payable | 47/48 | €50,000 | €51,363 | +€1,363 | +2.7% |
| Accrued charges and deferred income | 492/3 | €4,951 | - | -€4,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,547 | €22,992 | +€445 | +2.0% |
| Other operating charges | 640/8 | €2,261 | €2,333 | +€72 | +3.2% |
| Gross operating margin | 9900 | €35,649 | €35,671 | +€22 | +0.1% |
| Operating profit (loss) | 9901 | €10,841 | €10,346 | -€495 | -4.6% |
| Financial income | 75/76B | €242 | €476 | +€234 | +96.6% |
| Recurring financial income | 75 | €242 | €476 | +€234 | +96.6% |
| Financial charges | 65/66B | €3,342 | €3,130 | -€212 | -6.3% |
| Recurring financial charges | 65 | €3,342 | €3,130 | -€212 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €7,741 | €7,692 | -€49 | -0.6% |
| Income taxes | 67/77 | €1,935 | €1,923 | -€12 | -0.6% |
| Profit (loss) for the period | 9904 | €5,806 | €5,769 | -€37 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,806 | €5,769 | -€37 | -0.6% |
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.