IMMO POSTHOFBRUG: 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.
What changed
IMMO POSTHOFBRUG
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€798,839
2024 · €739,001+€59,837
Equity
€27.2m
2024 · €26.4m+€798,839
Cash
€3,849
2024 · €14,069-€10,219
Balance sheet total
€28.5m
2024 · €27.7m+€738,943
Largest movements
Assets
- Receivables within one year +€710,672
up €710,672 (+3.0%), from €23.8m to €24.5m
Equity and liabilities
- Profit (loss) carried forward +€798,839
up €798,839 (+4.5%), from €17.9m to €18.7m
Income statement
- Financial income +€46,357
up €46,357 (+4.6%), from €1.0m to €1.1m
- Financial charges +€45,974
up €45,974, from -€41,953 to €4,021
- Taxes -€45,131
down €45,131 (-15.9%), from €283,940 to €238,809
- Gross operating margin +€14,356
up €14,356 (+41.1%), from -€34,943 to -€20,587
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.
Result 2024
€739,001
Gross operating margin
+€14,356
Other operating charges
-€33
Financial income
+€46,357
Financial charges
-€45,974
Taxes
+€45,131
Result 2025
€798,839
raises the resultlowers the result
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.
From operations
+€28,272
Investment
-€38,491
Financing
€0
Cash 2024
€14,069
From operations (derived)
+€28,272
Net result for the year
+€798,839
Receivables within one year
-€710,672
Trade debts
-€19,490
Tax, wage and social debts
-€21,055
Accrued charges and deferred income
-€19,350
Investment (derived)
-€38,491
Investment in fixed assets (net)
-€38,491
Cash 2025
€3,849
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,725,829 | €28,464,772 | +€738,943 | +2.7% |
| Fixed assets | 21/28 | €3,924,848 | €3,963,339 | +€38,491 | +1.0% |
| Tangible fixed assets | 22/27 | €3,924,848 | €3,963,339 | +€38,491 | +1.0% |
| Land and buildings | 22 | €3,828,623 | €3,828,623 | = | 0.0% |
| Assets under construction and advance payments | 27 | €96,225 | €134,716 | +€38,491 | +40.0% |
| Current assets | 29/58 | €23,800,981 | €24,501,433 | +€700,452 | +2.9% |
| Amounts receivable within one year | 40/41 | €23,786,912 | €24,497,584 | +€710,672 | +3.0% |
| Other amounts receivable | 41 | €23,786,912 | €24,497,584 | +€710,672 | +3.0% |
| Cash at bank and in hand | 54/58 | €14,069 | €3,849 | -€10,219 | -72.6% |
| Total equity and liabilities | 10/49 | €27,725,829 | €28,464,772 | +€738,943 | +2.7% |
| Equity | 10/15 | €26,386,597 | €27,185,436 | +€798,839 | +3.0% |
| Contributions | 10/11 | €7,620,000 | €7,620,000 | = | 0.0% |
| Capital | 10 | €7,620,000 | €7,620,000 | = | 0.0% |
| Issued capital | 100 | €8,620,000 | €8,620,000 | = | 0.0% |
| Uncalled capital | 101 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €862,000 | €862,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €862,000 | €862,000 | = | 0.0% |
| Legal reserve | 130 | €862,000 | €862,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,904,597 | €18,703,436 | +€798,839 | +4.5% |
| Amounts payable | 17/49 | €1,339,231 | €1,279,336 | -€59,895 | -4.5% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €319,881 | €279,336 | -€40,545 | -12.7% |
| Trade debts | 44 | €21,904 | €2,414 | -€19,490 | -89.0% |
| Suppliers | 440/4 | €21,904 | €2,414 | -€19,490 | -89.0% |
| Taxes, remuneration and social security | 45 | €297,977 | €276,922 | -€21,055 | -7.1% |
| Taxes | 450/3 | €297,977 | €276,922 | -€21,055 | -7.1% |
| Accrued charges and deferred income | 492/3 | €19,350 | - | -€19,350 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€34,943 | -€20,587 | +€14,356 | +41.1% |
| Operating profit (loss) | 9901 | -€36,029 | -€21,706 | +€14,323 | +39.8% |
| Financial income | 75/76B | €1,017,017 | €1,063,374 | +€46,357 | +4.6% |
| Recurring financial income | 75 | €1,017,017 | €1,063,374 | +€46,357 | +4.6% |
| Financial charges | 65/66B | -€41,953 | €4,021 | +€45,974 | |
| Recurring financial charges | 65 | -€41,953 | €4,021 | +€45,974 | |
| Profit (loss) for the period before taxes | 9903 | €1,022,941 | €1,037,647 | +€14,707 | +1.4% |
| Income taxes | 67/77 | €283,940 | €238,809 | -€45,131 | -15.9% |
| Profit (loss) for the period | 9904 | €739,001 | €798,839 | +€59,837 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €739,001 | €798,839 | +€59,837 | +8.1% |
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 19 October 2026 via checked.be.