IMMO POPELIER: 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 POPELIER
Largest movements
- Deferred charges and accrued income -€110,712
down €110,712 (-100%), from €110,712 to €0
- Cash +€93,631
up €93,631 (+73.7%), from €127,051 to €220,681
mainly Deferred charges and accrued income (+€110,712) and Accrued charges and deferred income (+€13,523)
- Profit (loss) carried forward -€27,323
down €27,323 (-52.4%), from -€52,148 to -€79,471
- Financial charges +€13,353
up €13,353 (+99.9%), from €13,370 to €26,723
- Financial income -€644
down €644 (-21.1%), from €3,057 to €2,413
- Gross operating margin +€119
up €119 (+6.2%), from -€1,931 to -€1,812
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 | €1,587,763 | €1,583,806 | -€3,956 | -0.2% |
| Fixed assets | 21/28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Current assets | 29/58 | €337,763 | €333,806 | -€3,956 | -1.2% |
| Amounts receivable after more than one year | 29 | €100,000 | €113,125 | +€13,125 | +13.1% |
| Other amounts receivable | 291 | €100,000 | €113,125 | +€13,125 | +13.1% |
| Cash at bank and in hand | 54/58 | €127,051 | €220,681 | +€93,631 | +73.7% |
| Deferred charges and accrued income | 490/1 | €110,712 | €0 | -€110,712 | -100% |
| Total equity and liabilities | 10/49 | €1,587,763 | €1,583,806 | -€3,956 | -0.2% |
| Equity | 10/15 | €1,200,749 | €1,173,426 | -€27,323 | -2.3% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €2,897 | €2,897 | = | 0.0% |
| Distributable reserves | 133 | €2,897 | €2,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,148 | -€79,471 | -€27,323 | -52.4% |
| Amounts payable | 17/49 | €387,014 | €410,380 | +€23,366 | +6.0% |
| Amounts payable within one year | 42/48 | €373,691 | €383,534 | +€9,844 | +2.6% |
| Trade debts | 44 | €1,094 | €682 | -€412 | -37.7% |
| Suppliers | 440/4 | €1,094 | €682 | -€412 | -37.7% |
| Other amounts payable | 47/48 | €372,597 | €382,852 | +€10,255 | +2.8% |
| Accrued charges and deferred income | 492/3 | €13,323 | €26,846 | +€13,523 | +101% |
| Other operating charges | 640/8 | €1,199 | €1,201 | +€2 | +0.2% |
| Gross operating margin | 9900 | -€1,931 | -€1,812 | +€119 | +6.2% |
| Operating profit (loss) | 9901 | -€3,130 | -€3,012 | +€117 | +3.7% |
| Financial income | 75/76B | €3,057 | €2,413 | -€644 | -21.1% |
| Recurring financial income | 75 | €3,057 | €2,413 | -€644 | -21.1% |
| Financial charges | 65/66B | €13,370 | €26,723 | +€13,353 | +99.9% |
| Recurring financial charges | 65 | €13,370 | €26,723 | +€13,353 | +99.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,443 | -€27,323 | -€13,880 | -103% |
| Profit (loss) for the period | 9904 | -€13,443 | -€27,323 | -€13,880 | -103% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,443 | -€27,323 | -€13,880 | -103% |
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 26 October 2026 via checked.be.