IMMO REVES: 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 REVES
Largest movements
- Tangible fixed assets +€23,910
up €23,910 (+7.4%), from €324,327 to €348,237
of which Plant, machinery and equipment: +€29,871
- Receivables after one year -€7,500
no longer reported in 2025 (was €7,500)
- Reserves +€13,174
up €13,174 (+17.0%), from €77,387 to €90,562
- Other debts +€5,554
up €5,554 (+7.4%), from €75,399 to €80,953
- Tax, wage and social debts -€4,076
down €4,076 (-57.2%), from €7,127 to €3,051
- Accrued charges and deferred income +€3,600
new in 2025: €3,600
- Taxes -€3,896
down €3,896 (-38.8%), from €10,044 to €6,148
- Gross operating margin +€2,592
up €2,592 (+5.5%), from €47,047 to €49,640
- Depreciation +€2,258
up €2,258 (+19.4%), from €11,661 to €13,919
- Financial charges +€532
up €532 (+5.7%), from €9,406 to €9,937
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 | €338,620 | €355,769 | +€17,149 | +5.1% |
| Fixed assets | 21/28 | €324,327 | €348,237 | +€23,910 | +7.4% |
| Tangible fixed assets | 22/27 | €324,327 | €348,237 | +€23,910 | +7.4% |
| Land and buildings | 22 | €267,599 | €261,637 | -€5,961 | -2.2% |
| Plant, machinery and equipment | 23 | €56,728 | €86,599 | +€29,871 | +52.7% |
| Current assets | 29/58 | €14,294 | €7,532 | -€6,761 | -47.3% |
| Amounts receivable after more than one year | 29 | €7,500 | - | -€7,500 | |
| Other amounts receivable | 291 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €1,242 | €1,410 | +€167 | +13.5% |
| Other amounts receivable | 41 | €1,242 | €1,410 | +€167 | +13.5% |
| Cash at bank and in hand | 54/58 | €5,551 | €6,122 | +€571 | +10.3% |
| Total equity and liabilities | 10/49 | €338,620 | €355,769 | +€17,149 | +5.1% |
| Equity | 10/15 | €97,847 | €111,022 | +€13,174 | +13.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €77,387 | €90,562 | +€13,174 | +17.0% |
| Distributable reserves | 133 | €77,387 | €90,562 | +€13,174 | +17.0% |
| Amounts payable | 17/49 | €240,773 | €244,747 | +€3,974 | +1.7% |
| Amounts payable after more than one year | 17 | €127,500 | €125,324 | -€2,176 | -1.7% |
| Financial debts | 170/4 | €127,500 | €125,324 | -€2,176 | -1.7% |
| Amounts payable within one year | 42/48 | €113,273 | €115,823 | +€2,550 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €30,539 | €31,545 | +€1,006 | +3.3% |
| Trade debts | 44 | €208 | €274 | +€66 | +31.5% |
| Suppliers | 440/4 | €208 | €274 | +€66 | +31.5% |
| Taxes, remuneration and social security | 45 | €7,127 | €3,051 | -€4,076 | -57.2% |
| Taxes | 450/3 | €7,127 | €3,051 | -€4,076 | -57.2% |
| Other amounts payable | 47/48 | €75,399 | €80,953 | +€5,554 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,661 | €13,919 | +€2,258 | +19.4% |
| Other operating charges | 640/8 | €6,268 | €6,465 | +€196 | +3.1% |
| Gross operating margin | 9900 | €47,047 | €49,640 | +€2,592 | +5.5% |
| Operating profit (loss) | 9901 | €29,118 | €29,256 | +€138 | +0.5% |
| Financial income | 75/76B | €426 | €4 | -€422 | -99.0% |
| Recurring financial income | 75 | €426 | €4 | -€422 | -99.0% |
| Financial charges | 65/66B | €9,406 | €9,937 | +€532 | +5.7% |
| Recurring financial charges | 65 | €9,406 | €9,937 | +€532 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €20,138 | €19,322 | -€815 | -4.0% |
| Income taxes | 67/77 | €10,044 | €6,148 | -€3,896 | -38.8% |
| Profit (loss) for the period | 9904 | €10,094 | €13,174 | +€3,080 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,094 | €13,174 | +€3,080 | +30.5% |
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 18 October 2026 via checked.be.