IMMO - ROMEJO: 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.
What changed
IMMO - ROMEJO
NACE 68.310, Real estate agency activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€104,636
2024 · -€66,640-€37,995
Equity
€279,857
2024 · €384,493-€104,636
Cash
€40
2024 · €1,914-€1,874
Balance sheet total
€2.4m
2024 · €2.6m-€141,810
Largest movements
Assets
- Tangible fixed assets -€135,597
down €135,597 (-7.1%), from €1.9m to €1.8m
of which Land and buildings: -€135,165
Equity and liabilities
- Profit (loss) carried forward -€80,504
down €80,504 (-11.8%), from -€683,694 to -€764,198
- Current portion of long-term debt -€46,762
down €46,762 (-45.9%), from €101,858 to €55,096
Income statement
- Financial charges +€44,256
up €44,256 (+58.4%), from €75,751 to €120,007
- Gross operating margin +€9,590
up €9,590 (+6.3%), from €152,500 to €162,089
- Other operating charges +€5,248
up €5,248 (+29.4%), from €17,872 to €23,120
- Financial income +€1,920
up €1,920 (+19.0%), from €10,080 to €12,000
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.
Result 2024
-€66,640
Gross operating margin
+€9,590
Other operating charges
-€5,248
Financial income
+€1,920
Financial charges
-€44,256
Result 2025
-€104,636
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.
From operations
+€23,091
Investment
€0
Financing
-€24,965
Cash 2024
€1,914
From operations (derived)
+€23,091
Net result for the year
-€104,636
Depreciation
+€135,597
Receivables within one year
-€387
Deferred charges and accrued income
+€4,727
Trade debts
-€6,500
Tax, wage and social debts
-€416
Other debts
+€357
Accrued charges and deferred income
-€5,650
Financing
-€24,965
Debts after one year
+€16,249
Current portion of long-term debt
-€46,762
Short-term financial debts
+€5,548
Cash 2025
€40
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,590,227 | €2,448,417 | -€141,810 | -5.5% |
| Fixed assets | 21/28 | €2,353,969 | €2,218,373 | -€135,597 | -5.8% |
| Tangible fixed assets | 22/27 | €1,908,969 | €1,773,373 | -€135,597 | -7.1% |
| Land and buildings | 22 | €1,905,392 | €1,770,227 | -€135,165 | -7.1% |
| Plant, machinery and equipment | 23 | €3,577 | €3,145 | -€432 | -12.1% |
| Financial fixed assets | 28 | €445,000 | €445,000 | = | 0.0% |
| Current assets | 29/58 | €236,257 | €230,044 | -€6,213 | -2.6% |
| Amounts receivable within one year | 40/41 | €199,617 | €200,004 | +€387 | +0.2% |
| Trade receivables | 40 | €11,660 | €10,601 | -€1,059 | -9.1% |
| Other amounts receivable | 41 | €187,957 | €189,403 | +€1,446 | +0.8% |
| Cash at bank and in hand | 54/58 | €1,914 | €40 | -€1,874 | -97.9% |
| Deferred charges and accrued income | 490/1 | €34,727 | €30,000 | -€4,727 | -13.6% |
| Total equity and liabilities | 10/49 | €2,590,227 | €2,448,417 | -€141,810 | -5.5% |
| Equity | 10/15 | €384,493 | €279,857 | -€104,636 | -27.2% |
| Contributions | 10/11 | €851,636 | €851,636 | = | 0.0% |
| Capital | 10 | €851,636 | €851,636 | = | 0.0% |
| Issued capital | 100 | €851,636 | €851,636 | = | 0.0% |
| Reserves | 13 | €216,550 | €192,418 | -€24,132 | -11.1% |
| Non-distributable reserves | 130/1 | €10,292 | €10,292 | = | 0.0% |
| Legal reserve | 130 | €10,292 | €10,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €206,258 | €182,126 | -€24,132 | -11.7% |
| Profit (loss) carried forward | 14 | -€683,694 | -€764,198 | -€80,504 | -11.8% |
| Amounts payable | 17/49 | €2,205,734 | €2,168,560 | -€37,174 | -1.7% |
| Amounts payable after more than one year | 17 | €1,052,455 | €1,068,704 | +€16,249 | +1.5% |
| Financial debts | 170/4 | €1,052,455 | €1,068,704 | +€16,249 | +1.5% |
| Amounts payable within one year | 42/48 | €1,146,128 | €1,098,355 | -€47,773 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €101,858 | €55,096 | -€46,762 | -45.9% |
| Financial debts | 43 | €861,000 | €866,548 | +€5,548 | +0.6% |
| Credit institutions | 430/8 | €861,000 | €866,548 | +€5,548 | +0.6% |
| Trade debts | 44 | €10,149 | €3,649 | -€6,500 | -64.0% |
| Suppliers | 440/4 | €10,149 | €3,649 | -€6,500 | -64.0% |
| Taxes, remuneration and social security | 45 | €416 | €0 | -€416 | -100.0% |
| Taxes | 450/3 | €416 | €0 | -€416 | -100.0% |
| Other amounts payable | 47/48 | €172,705 | €173,062 | +€357 | +0.2% |
| Accrued charges and deferred income | 492/3 | €7,150 | €1,500 | -€5,650 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,597 | €135,597 | = | 0.0% |
| Other operating charges | 640/8 | €17,872 | €23,120 | +€5,248 | +29.4% |
| Gross operating margin | 9900 | €152,500 | €162,089 | +€9,590 | +6.3% |
| Operating profit (loss) | 9901 | -€969 | €3,372 | +€4,341 | |
| Financial income | 75/76B | €10,080 | €12,000 | +€1,920 | +19.0% |
| Recurring financial income | 75 | €10,080 | €12,000 | +€1,920 | +19.0% |
| Financial charges | 65/66B | €75,751 | €120,007 | +€44,256 | +58.4% |
| Recurring financial charges | 65 | €75,751 | €120,007 | +€44,256 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | -€66,640 | -€104,636 | -€37,995 | -57.0% |
| Profit (loss) for the period | 9904 | -€66,640 | -€104,636 | -€37,995 | -57.0% |
| Transfer from tax-exempt reserves | 789 | €24,132 | €24,132 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,509 | -€80,504 | -€37,995 | -89.4% |
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 12 October 2026 via checked.be.