Immo Projects Carpentier & Partners: what changed
What changed
Immo Projects Carpentier & Partners
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€21,895
2024 · -€261,792+€283,687
Equity
-€2.8m
2024 · -€2.9m+€21,895
Cash
€31,710
2024 · €2,510+€29,200
Balance sheet total
€197,092
2024 · €173,604+€23,487
Largest movements
Assets
- Cash +€29,200
up €29,200 (+1,164%), from €2,510 to €31,710
mainly Net result for the year (+€21,895) and Receivables within one year (+€4,713)
- Receivables within one year -€4,713
down €4,713 (-4.5%), from €105,727 to €101,014
of which Trade receivables: -€3,879
Equity and liabilities
- Profit (loss) carried forward +€21,895
up €21,895 (+0.8%), from -€2.9m to -€2.9m
- Tax, wage and social debts +€3,664
new in 2025: €3,664
Income statement
- Financial charges -€149,617
down €149,617 (-99.6%), from €150,248 to €632
of which Financial charges: -€149,617
- Write-downs -€60,000
no longer reported in 2025 (was €60,000)
- Gross operating margin +€56,760
up €56,760, from -€48,491 to €8,269
- Provisions -€15,000
new in 2025: -€15,000
- Other operating charges -€2,358
down €2,358 (-76.0%), from €3,102 to €744
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€261,792
Gross operating margin
+€56,760
Write-downs
+€60,000
Provisions
+€15,000
Other operating charges
+€2,358
Financial income
-€48
Financial charges
+€149,617
Result 2025
€21,895
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€28,200
Investment
+€1,000
Financing
€0
Cash 2024
€2,510
From operations (derived)
+€28,200
Net result for the year
+€21,895
Receivables within one year
+€4,713
Trade debts
-€571
Tax, wage and social debts
+€3,664
Other debts
-€1,500
Investment (derived)
+€1,000
Investment in fixed assets (net)
+€1,000
Cash 2025
€31,710
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,604 | €197,092 | +€23,487 | +13.5% |
| Fixed assets | 21/28 | €64,750 | €63,750 | -€1,000 | -1.5% |
| Financial fixed assets | 28 | €64,750 | €63,750 | -€1,000 | -1.5% |
| Current assets | 29/58 | €108,854 | €133,342 | +€24,487 | +22.5% |
| Amounts receivable within one year | 40/41 | €105,727 | €101,014 | -€4,713 | -4.5% |
| Trade receivables | 40 | €12,000 | €8,122 | -€3,879 | -32.3% |
| Other amounts receivable | 41 | €93,727 | €92,893 | -€834 | -0.9% |
| Cash at bank and in hand | 54/58 | €2,510 | €31,710 | +€29,200 | +1,164% |
| Deferred charges and accrued income | 490/1 | €618 | €618 | = | 0.0% |
| Total equity and liabilities | 10/49 | €173,604 | €197,092 | +€23,487 | +13.5% |
| Equity | 10/15 | -€2,865,243 | -€2,843,349 | +€21,895 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,883,843 | -€2,861,949 | +€21,895 | +0.8% |
| Amounts payable | 17/49 | €3,038,848 | €3,040,440 | +€1,593 | +0.1% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,799,567 | €1,801,159 | +€1,593 | +0.1% |
| Trade debts | 44 | €523,163 | €522,592 | -€571 | -0.1% |
| Suppliers | 440/4 | €523,163 | €522,592 | -€571 | -0.1% |
| Taxes, remuneration and social security | 45 | - | €3,664 | +€3,664 | |
| Taxes | 450/3 | - | €3,664 | +€3,664 | |
| Other amounts payable | 47/48 | €1,276,403 | €1,274,903 | -€1,500 | -0.1% |
| Accrued charges and deferred income | 492/3 | €239,281 | €239,281 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €60,000 | - | -€60,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€15,000 | -€15,000 | |
| Other operating charges | 640/8 | €3,102 | €744 | -€2,358 | -76.0% |
| Gross operating margin | 9900 | -€48,491 | €8,269 | +€56,760 | |
| Operating profit (loss) | 9901 | -€111,592 | €22,526 | +€134,118 | |
| Financial income | 75/76B | €48 | €1 | -€48 | -98.4% |
| Recurring financial income | 75 | €48 | €1 | -€48 | -98.4% |
| Non-recurring financial income | 76B | €48 | - | -€48 | |
| Financial charges | 65/66B | €150,248 | €632 | -€149,617 | -99.6% |
| Recurring financial charges | 65 | €150,248 | €632 | -€149,617 | -99.6% |
| Non-recurring financial charges | 66B | €150,248 | €632 | -€149,617 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€261,792 | €21,895 | +€283,687 | |
| Profit (loss) for the period | 9904 | -€261,792 | €21,895 | +€283,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€261,792 | €21,895 | +€283,687 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.