IMMO - PREJAMBES: what changed
Two fiscal 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 - PREJAMBES
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,582
2024 · €24,564+€18
Equity
€541,197
2024 · €516,615+€24,582
Cash
€19,592
2024 · €17,881+€1,711
Balance sheet total
€833,905
2024 · €821,181+€12,724
Largest movements
Assets
- Receivables within one year +€12,993
up €12,993 (+2.8%), from €457,710 to €470,702
of which Trade receivables: +€107,331
Equity and liabilities
- Profit (loss) carried forward +€24,582
up €24,582 (+29.9%), from €82,127 to €106,709
- Provisions -€15,000
down €15,000 (-17.0%), from €88,000 to €73,000
- Tax, wage and social debts +€8,485
new in 2025: €8,485
Income statement
- Staff costs +€17,765
up €17,765 (+265.4%), from €6,692 to €24,457
- Provisions -€15,000
new in 2025: -€15,000
- Gross operating margin +€13,816
up €13,816 (+34.1%), from €40,535 to €54,351
- Taxes +€8,480
new in 2025: €8,480
- Depreciation +€1,610
up €1,610 (+23.9%), from €6,726 to €8,336
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
€24,564
Gross operating margin
+€13,816
Staff costs
-€17,765
Depreciation
-€1,610
Provisions
+€15,000
Other operating charges
-€1,062
Other operating items
+€79
Financial income
-€13
Financial charges
+€54
Taxes
-€8,480
Result 2025
€24,582
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.
From operations
+€9,011
Investment
-€6,000
Financing
-€1,300
Cash 2024
€17,881
From operations (derived)
+€9,011
Net result for the year
+€24,582
Depreciation
+€8,336
Receivables within one year
-€12,993
Deferred charges and accrued income
-€356
Provisions
-€15,000
Trade debts
-€4,043
Tax, wage and social debts
+€8,485
Investment (derived)
-€6,000
Investment in fixed assets (net)
-€6,000
Financing
-€1,300
Debts after one year
-€1,358
Current portion of long-term debt
+€58
Cash 2025
€19,592
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €821,181 | €833,905 | +€12,724 | +1.5% |
| Fixed assets | 21/28 | €318,304 | €315,968 | -€2,336 | -0.7% |
| Tangible fixed assets | 22/27 | €114,184 | €111,848 | -€2,336 | -2.0% |
| Land and buildings | 22 | €107,680 | €104,927 | -€2,753 | -2.6% |
| Plant, machinery and equipment | 23 | €716 | €443 | -€273 | -38.1% |
| Furniture and vehicles | 24 | €5,788 | €6,478 | +€689 | +11.9% |
| Financial fixed assets | 28 | €204,120 | €204,120 | = | 0.0% |
| Current assets | 29/58 | €502,877 | €517,937 | +€15,060 | +3.0% |
| Stocks and contracts in progress | 3 | €14,046 | €14,046 | = | 0.0% |
| Stocks | 30/36 | €14,046 | €14,046 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €457,710 | €470,702 | +€12,993 | +2.8% |
| Trade receivables | 40 | €164,140 | €271,471 | +€107,331 | +65.4% |
| Other amounts receivable | 41 | €293,570 | €199,232 | -€94,338 | -32.1% |
| Current investments | 50/53 | €12,676 | €12,676 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,881 | €19,592 | +€1,711 | +9.6% |
| Deferred charges and accrued income | 490/1 | €564 | €921 | +€356 | +63.2% |
| Total equity and liabilities | 10/49 | €821,181 | €833,905 | +€12,724 | +1.5% |
| Equity | 10/15 | €516,615 | €541,197 | +€24,582 | +4.8% |
| Contributions | 10/11 | €334,656 | €334,656 | = | 0.0% |
| Capital | 10 | €334,656 | €334,656 | = | 0.0% |
| Issued capital | 100 | €334,656 | €334,656 | = | 0.0% |
| Revaluation surpluses | 12 | €66,366 | €66,366 | = | 0.0% |
| Reserves | 13 | €33,466 | €33,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,466 | €33,466 | = | 0.0% |
| Legal reserve | 130 | €33,466 | €33,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,127 | €106,709 | +€24,582 | +29.9% |
| Provisions and deferred taxes | 16 | €88,000 | €73,000 | -€15,000 | -17.0% |
| Provisions for liabilities and charges | 160/5 | €88,000 | €73,000 | -€15,000 | -17.0% |
| Environmental obligations | 163 | €88,000 | €73,000 | -€15,000 | -17.0% |
| Amounts payable | 17/49 | €216,566 | €219,709 | +€3,143 | +1.5% |
| Amounts payable after more than one year | 17 | €11,954 | €10,596 | -€1,358 | -11.4% |
| Financial debts | 170/4 | €11,954 | €10,596 | -€1,358 | -11.4% |
| Amounts payable within one year | 42/48 | €204,612 | €209,112 | +€4,501 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €1,300 | €1,358 | +€58 | +4.5% |
| Trade debts | 44 | €9,318 | €5,276 | -€4,043 | -43.4% |
| Suppliers | 440/4 | €9,318 | €5,276 | -€4,043 | -43.4% |
| Taxes, remuneration and social security | 45 | - | €8,485 | +€8,485 | |
| Taxes | 450/3 | - | €8,485 | +€8,485 | |
| Other amounts payable | 47/48 | €193,994 | €193,994 | = | 0.0% |
| Non-recurring operating income | 76A | €40,270 | - | -€40,270 | |
| Remuneration, social security and pensions | 62 | €6,692 | €24,457 | +€17,765 | +265.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,726 | €8,336 | +€1,610 | +23.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€15,000 | -€15,000 | |
| Other operating charges | 640/8 | €1,755 | €2,818 | +€1,062 | +60.5% |
| Non-recurring operating charges | 66A | €79 | - | -€79 | |
| Gross operating margin | 9900 | €40,535 | €54,351 | +€13,816 | +34.1% |
| Operating profit (loss) | 9901 | €25,282 | €33,740 | +€8,458 | +33.5% |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.7% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.7% |
| Financial charges | 65/66B | €732 | €679 | -€54 | -7.3% |
| Recurring financial charges | 65 | €732 | €679 | -€54 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €24,564 | €33,062 | +€8,498 | +34.6% |
| Income taxes | 67/77 | - | €8,480 | +€8,480 | |
| Profit (loss) for the period | 9904 | €24,564 | €24,582 | +€18 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,564 | €24,582 | +€18 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.