IMMO POA 1: 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 POA 1
Largest movements
- Stocks and contracts +€50,715
up €50,715 (+23.5%), from €215,689 to €266,403
- Receivables within one year -€40,255
no longer reported in 2025 (was €40,255)
- Trade debts -€51,039
down €51,039 (-95.1%), from €53,697 to €2,658
- Profit (loss) carried forward +€47,503
up €47,503 (+90.9%), from -€52,274 to -€4,771
- Current portion of long-term debt +€7,895
up €7,895 (+4.4%), from €180,000 to €187,895
- Other debts +€6,245
up €6,245 (+8.9%), from €69,800 to €76,045
- Gross operating margin +€76,646
up €76,646, from -€18,880 to €57,766
- Turnover +€63,918
new in 2025: €63,918
- Purchases and services +€6,152
new in 2025: €6,152
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 | €256,224 | €266,828 | +€10,604 | +4.1% |
| Current assets | 29/58 | €256,224 | €266,828 | +€10,604 | +4.1% |
| Stocks and contracts in progress | 3 | €215,689 | €266,403 | +€50,715 | +23.5% |
| Stocks | 30/36 | €215,689 | €266,403 | +€50,715 | +23.5% |
| Amounts receivable within one year | 40/41 | €40,255 | - | -€40,255 | |
| Other amounts receivable | 41 | €40,255 | - | -€40,255 | |
| Cash at bank and in hand | 54/58 | €280 | €424 | +€144 | +51.5% |
| Total equity and liabilities | 10/49 | €256,224 | €266,828 | +€10,604 | +4.1% |
| Equity | 10/15 | -€47,274 | €229 | +€47,503 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,274 | -€4,771 | +€47,503 | +90.9% |
| Amounts payable | 17/49 | €303,497 | €266,598 | -€36,899 | -12.2% |
| Amounts payable within one year | 42/48 | €303,497 | €266,598 | -€36,899 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €180,000 | €187,895 | +€7,895 | +4.4% |
| Trade debts | 44 | €53,697 | €2,658 | -€51,039 | -95.1% |
| Suppliers | 440/4 | €53,697 | €2,658 | -€51,039 | -95.1% |
| Other amounts payable | 47/48 | €69,800 | €76,045 | +€6,245 | +8.9% |
| Turnover | 70 | - | €63,918 | +€63,918 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,152 | +€6,152 | |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€18,880 | €57,766 | +€76,646 | |
| Operating profit (loss) | 9901 | -€18,880 | €57,379 | +€76,259 | |
| Financial charges | 65/66B | €9,953 | €9,876 | -€77 | -0.8% |
| Recurring financial charges | 65 | €9,953 | €9,876 | -€77 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,833 | €47,503 | +€76,336 | |
| Profit (loss) for the period | 9904 | -€28,833 | €47,503 | +€76,336 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,833 | €47,503 | +€76,336 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.