Immo Ranst: 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.
Immo Ranst
Largest movements
- Current investments -€267,500
down €267,500 (-62.9%), from €425,000 to €157,500
- Tangible fixed assets -€158,017
down €158,017 (-2.7%), from €5.8m to €5.7m
- Debts after one year -€689,299
down €689,299 (-15.2%), from €4.5m to €3.8m
of which Financial debts: -€769,377
- Other debts +€262,087
up €262,087 (+1690.5%), from €15,504 to €277,591
- Reserves +€89,710
up €89,710 (+50.9%), from €176,345 to €266,055
- Current portion of long-term debt -€69,765
down €69,765 (-27.1%), from €257,687 to €187,923
- Gross operating margin +€18,747
up €18,747 (+4.5%), from €412,439 to €431,186
- Financial charges +€17,825
up €17,825 (+14.9%), from €119,255 to €137,080
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,316,985 | €5,913,018 | -€403,967 | -6.4% |
| Fixed assets | 21/28 | €5,810,838 | €5,652,821 | -€158,017 | -2.7% |
| Tangible fixed assets | 22/27 | €5,810,838 | €5,652,821 | -€158,017 | -2.7% |
| Land and buildings | 22 | €5,810,838 | €5,652,821 | -€158,017 | -2.7% |
| Current assets | 29/58 | €506,146 | €260,196 | -€245,950 | -48.6% |
| Amounts receivable within one year | 40/41 | €34,355 | €21,760 | -€12,594 | -36.7% |
| Trade receivables | 40 | €34,355 | €0 | -€34,355 | -100.0% |
| Other amounts receivable | 41 | - | €21,760 | +€21,760 | |
| Current investments | 50/53 | €425,000 | €157,500 | -€267,500 | -62.9% |
| Cash at bank and in hand | 54/58 | €42,555 | €76,663 | +€34,108 | +80.2% |
| Deferred charges and accrued income | 490/1 | €4,237 | €4,273 | +€36 | +0.8% |
| Total equity and liabilities | 10/49 | €6,316,985 | €5,913,018 | -€403,967 | -6.4% |
| Equity | 10/15 | €1,476,345 | €1,566,055 | +€89,710 | +6.1% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €176,345 | €266,055 | +€89,710 | +50.9% |
| Distributable reserves | 133 | €176,345 | €266,055 | +€89,710 | +50.9% |
| Amounts payable | 17/49 | €4,840,640 | €4,346,962 | -€493,677 | -10.2% |
| Amounts payable after more than one year | 17 | €4,529,520 | €3,840,220 | -€689,299 | -15.2% |
| Financial debts | 170/4 | €3,398,486 | €2,629,110 | -€769,377 | -22.6% |
| Other amounts payable | 178/9 | €1,131,034 | €1,211,111 | +€80,077 | +7.1% |
| Amounts payable within one year | 42/48 | €276,766 | €471,572 | +€194,806 | +70.4% |
| Current portion of amounts payable after more than one year | 42 | €257,687 | €187,923 | -€69,765 | -27.1% |
| Trade debts | 44 | €200 | €0 | -€200 | -100.0% |
| Suppliers | 440/4 | €200 | €0 | -€200 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,374 | €6,058 | +€2,684 | +79.6% |
| Taxes | 450/3 | €3,374 | €6,058 | +€2,684 | +79.6% |
| Other amounts payable | 47/48 | €15,504 | €277,591 | +€262,087 | +1690.5% |
| Accrued charges and deferred income | 492/3 | €34,355 | €35,170 | +€816 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,017 | €158,017 | +€0 | 0.0% |
| Other operating charges | 640/8 | €21,352 | €22,021 | +€669 | +3.1% |
| Gross operating margin | 9900 | €412,439 | €431,186 | +€18,747 | +4.5% |
| Operating profit (loss) | 9901 | €233,070 | €251,148 | +€18,079 | +7.8% |
| Financial income | 75/76B | €8,652 | €5,546 | -€3,107 | -35.9% |
| Recurring financial income | 75 | €8,652 | €5,546 | -€3,107 | -35.9% |
| Financial charges | 65/66B | €119,255 | €137,080 | +€17,825 | +14.9% |
| Recurring financial charges | 65 | €119,255 | €137,080 | +€17,825 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €122,467 | €119,614 | -€2,853 | -2.3% |
| Income taxes | 67/77 | €30,617 | €29,903 | -€713 | -2.3% |
| Profit (loss) for the period | 9904 | €91,850 | €89,710 | -€2,140 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,850 | €89,710 | -€2,140 | -2.3% |
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.