Immo Promenade: 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 Promenade
Largest movements
- Cash +€405,999
up €405,999 (+8,095%), from €5,016 to €411,014
mainly Net result for the year (+€310,728) and Current investments (+€82,440)
- Current investments -€82,440
down €82,440 (-46.9%), from €175,658 to €93,218
- Receivables within one year -€32,469
down €32,469 (-42.1%), from €77,119 to €44,650
of which Trade receivables: -€20,813
- Tangible fixed assets -€18,409
down €18,409 (-13.1%), from €140,010 to €121,601
of which Land and buildings: -€17,191
- Reserves +€310,728
up €310,728 (+114%), from €272,762 to €583,490
of which Distributable reserves: +€310,728
- Tax, wage and social debts -€36,295
down €36,295 (-64.7%), from €56,055 to €19,760
of which Taxes: -€36,295
- Gross operating margin +€130,835
up €130,835 (+44.5%), from €294,273 to €425,108
- Financial charges -€41,977
down €41,977, from €34,986 to -€6,991
- Taxes +€28,967
up €28,967 (+39.7%), from €73,001 to €101,968
- Financial income -€5,149
down €5,149 (-63.2%), from €8,150 to €3,001
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 | €397,927 | €670,608 | +€272,681 | +68.5% |
| Fixed assets | 21/28 | €140,135 | €121,726 | -€18,409 | -13.1% |
| Tangible fixed assets | 22/27 | €140,010 | €121,601 | -€18,409 | -13.1% |
| Land and buildings | 22 | €135,899 | €118,707 | -€17,191 | -12.7% |
| Furniture and vehicles | 24 | €4,112 | €2,894 | -€1,218 | -29.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €257,792 | €548,882 | +€291,090 | +113% |
| Amounts receivable within one year | 40/41 | €77,119 | €44,650 | -€32,469 | -42.1% |
| Trade receivables | 40 | €64,924 | €44,111 | -€20,813 | -32.1% |
| Other amounts receivable | 41 | €12,195 | €538 | -€11,656 | -95.6% |
| Current investments | 50/53 | €175,658 | €93,218 | -€82,440 | -46.9% |
| Cash at bank and in hand | 54/58 | €5,016 | €411,014 | +€405,999 | +8,095% |
| Total equity and liabilities | 10/49 | €397,927 | €670,608 | +€272,681 | +68.5% |
| Equity | 10/15 | €337,762 | €648,490 | +€310,728 | +92.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €272,762 | €583,490 | +€310,728 | +114% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €272,762 | €583,490 | +€310,728 | +114% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €60,165 | €22,118 | -€38,047 | -63.2% |
| Amounts payable within one year | 42/48 | €60,165 | €22,118 | -€38,047 | -63.2% |
| Trade debts | 44 | €3,837 | €2,358 | -€1,479 | -38.5% |
| Suppliers | 440/4 | €3,837 | €2,358 | -€1,479 | -38.5% |
| Taxes, remuneration and social security | 45 | €56,055 | €19,760 | -€36,295 | -64.7% |
| Taxes | 450/3 | €56,055 | €19,760 | -€36,295 | -64.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €273 | €0 | -€273 | -100% |
| Remuneration, social security and pensions | 62 | -€436 | €0 | +€436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,704 | €18,409 | -€295 | -1.6% |
| Other operating charges | 640/8 | €3,876 | €3,996 | +€119 | +3.1% |
| Gross operating margin | 9900 | €294,273 | €425,108 | +€130,835 | +44.5% |
| Operating profit (loss) | 9901 | €272,129 | €402,703 | +€130,575 | +48.0% |
| Financial income | 75/76B | €8,150 | €3,001 | -€5,149 | -63.2% |
| Recurring financial income | 75 | €8,150 | €3,001 | -€5,149 | -63.2% |
| Financial charges | 65/66B | €34,986 | -€6,991 | -€41,977 | |
| Recurring financial charges | 65 | €34,986 | -€6,991 | -€41,977 | |
| Profit (loss) for the period before taxes | 9903 | €245,293 | €412,696 | +€167,403 | +68.2% |
| Income taxes | 67/77 | €73,001 | €101,968 | +€28,967 | +39.7% |
| Profit (loss) for the period | 9904 | €172,292 | €310,728 | +€138,436 | +80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €172,292 | €310,728 | +€138,436 | +80.3% |
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.