Immo Rihon-Materne: 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 Rihon-Materne
Largest movements
- Tangible fixed assets -€20,261
down €20,261 (-4.1%), from €494,031 to €473,770
of which Land and buildings: -€23,677
- Receivables within one year -€10,053
down €10,053 (-100%), from €10,053 to €0
- Cash +€5,924
up €5,924 (+2,106%), from €281 to €6,205
mainly Depreciation (+€26,927) and Receivables within one year (+€10,053)
- Debts after one year -€31,729
down €31,729 (-15.3%), from €207,197 to €175,468
- Gross operating margin -€2,943
down €2,943 (-6.9%), from €42,869 to €39,926
- Financial charges -€1,211
down €1,211 (-11.9%), from €10,185 to €8,975
- Depreciation +€675
up €675 (+2.6%), from €26,252 to €26,927
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 | €504,366 | €479,975 | -€24,391 | -4.8% |
| Fixed assets | 21/28 | €494,031 | €473,770 | -€20,261 | -4.1% |
| Tangible fixed assets | 22/27 | €494,031 | €473,770 | -€20,261 | -4.1% |
| Land and buildings | 22 | €476,466 | €452,789 | -€23,677 | -5.0% |
| Plant, machinery and equipment | 23 | €17,566 | €20,982 | +€3,416 | +19.4% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €10,335 | €6,205 | -€4,130 | -40.0% |
| Amounts receivable within one year | 40/41 | €10,053 | €0 | -€10,053 | -100% |
| Trade receivables | 40 | €10,053 | €0 | -€10,053 | -100% |
| Cash at bank and in hand | 54/58 | €281 | €6,205 | +€5,924 | +2,106% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €504,366 | €479,975 | -€24,391 | -4.8% |
| Equity | 10/15 | -€71,294 | -€69,177 | +€2,117 | +3.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,294 | -€99,177 | +€2,117 | +2.1% |
| Amounts payable | 17/49 | €575,660 | €549,152 | -€26,507 | -4.6% |
| Amounts payable after more than one year | 17 | €207,197 | €175,468 | -€31,729 | -15.3% |
| Financial debts | 170/4 | €207,197 | €175,468 | -€31,729 | -15.3% |
| Amounts payable within one year | 42/48 | €368,462 | €373,684 | +€5,222 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €30,507 | €31,729 | +€1,222 | +4.0% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Other amounts payable | 47/48 | €337,955 | €341,955 | +€4,000 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,252 | €26,927 | +€675 | +2.6% |
| Other operating charges | 640/8 | €1,842 | €1,907 | +€65 | +3.6% |
| Gross operating margin | 9900 | €42,869 | €39,926 | -€2,943 | -6.9% |
| Operating profit (loss) | 9901 | €14,775 | €11,091 | -€3,684 | -24.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10,185 | €8,975 | -€1,211 | -11.9% |
| Recurring financial charges | 65 | €10,185 | €8,975 | -€1,211 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €4,591 | €2,117 | -€2,474 | -53.9% |
| Profit (loss) for the period | 9904 | €4,591 | €2,117 | -€2,474 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,591 | €2,117 | -€2,474 | -53.9% |
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 23 October 2026 via checked.be.