IMMO RENZO: 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 RENZO
Largest movements
- Tangible fixed assets -€38,815
down €38,815 (-7.1%), from €549,438 to €510,623
of which Land and buildings: -€34,402
- Debts after one year -€51,009
down €51,009 (-12.6%), from €403,258 to €352,249
- Profit (loss) carried forward +€10,871
up €10,871 (+27.2%), from €39,949 to €50,820
- Financial charges -€734
down €734 (-33.0%), from €2,226 to €1,491
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 | €572,893 | €535,589 | -€37,305 | -6.5% |
| Fixed assets | 21/28 | €549,438 | €510,623 | -€38,815 | -7.1% |
| Tangible fixed assets | 22/27 | €549,438 | €510,623 | -€38,815 | -7.1% |
| Land and buildings | 22 | €536,098 | €501,696 | -€34,402 | -6.4% |
| Plant, machinery and equipment | 23 | €13,340 | €8,927 | -€4,412 | -33.1% |
| Current assets | 29/58 | €23,456 | €24,966 | +€1,510 | +6.4% |
| Amounts receivable within one year | 40/41 | €17,161 | €16,356 | -€805 | -4.7% |
| Trade receivables | 40 | €14,056 | €14,056 | = | 0.0% |
| Other amounts receivable | 41 | €3,105 | €2,300 | -€805 | -25.9% |
| Cash at bank and in hand | 54/58 | €6,295 | €8,610 | +€2,315 | +36.8% |
| Total equity and liabilities | 10/49 | €572,893 | €535,589 | -€37,305 | -6.5% |
| Equity | 10/15 | €61,020 | €71,891 | +€10,871 | +17.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €71 | €71 | = | 0.0% |
| Non-distributable reserves | 130/1 | €71 | €71 | = | 0.0% |
| Reserves not available under the articles | 1311 | €71 | €71 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,949 | €50,820 | +€10,871 | +27.2% |
| Amounts payable | 17/49 | €511,874 | €463,698 | -€48,176 | -9.4% |
| Amounts payable after more than one year | 17 | €403,258 | €352,249 | -€51,009 | -12.6% |
| Financial debts | 170/4 | €403,258 | €352,249 | -€51,009 | -12.6% |
| Amounts payable within one year | 42/48 | €102,616 | €105,449 | +€2,833 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €50,351 | €51,009 | +€658 | +1.3% |
| Trade debts | 44 | €29,379 | €29,150 | -€229 | -0.8% |
| Suppliers | 440/4 | €29,379 | €29,150 | -€229 | -0.8% |
| Taxes, remuneration and social security | 45 | €6,956 | €7,736 | +€780 | +11.2% |
| Taxes | 450/3 | €6,956 | €7,736 | +€780 | +11.2% |
| Other amounts payable | 47/48 | €15,930 | €17,554 | +€1,624 | +10.2% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,815 | €38,815 | = | 0.0% |
| Other operating charges | 640/8 | €11,300 | €11,598 | +€297 | +2.6% |
| Gross operating margin | 9900 | €66,105 | €66,745 | +€640 | +1.0% |
| Operating profit (loss) | 9901 | €15,990 | €16,332 | +€342 | +2.1% |
| Financial charges | 65/66B | €2,226 | €1,491 | -€734 | -33.0% |
| Recurring financial charges | 65 | €2,226 | €1,491 | -€734 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €13,764 | €14,841 | +€1,077 | +7.8% |
| Income taxes | 67/77 | €3,766 | €3,970 | +€204 | +5.4% |
| Profit (loss) for the period | 9904 | €9,998 | €10,871 | +€873 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,998 | €10,871 | +€873 | +8.7% |
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 9 October 2026 via checked.be.