IMMO S.Y.T.: what changed
What changed
IMMO S.Y.T.
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€14,886
2024 · -€98,626+€113,512
Equity
€66,261
2024 · €51,374+€14,886
Cash
€26,024
2024 · €10,606+€15,418
Balance sheet total
€1.6m
2024 · €1.6m-€40,752
Largest movements
Assets
- Tangible fixed assets -€39,479
down €39,479 (-2.5%), from €1.6m to €1.6m
- Receivables within one year -€16,691
no longer reported in 2025 (was €16,691)
of which Trade receivables: -€9,316
Equity and liabilities
- Debts after one year -€42,233
down €42,233 (-2.8%), from €1.5m to €1.5m
of which Financial debts: -€42,233
- Trade debts -€19,404
down €19,404 (-79.1%), from €24,520 to €5,116
Income statement
- Gross operating margin +€137,414
up €137,414, from -€10,850 to €126,564
- Depreciation +€21,449
up €21,449 (+40.0%), from €53,623 to €75,072
- Purchases and services -€11,468
down €11,468 (-54.4%), from €21,100 to €9,632
- Other operating charges +€1,634
up €1,634 (+14.6%), from €11,176 to €12,810
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€98,626
Gross operating margin
+€137,414
Depreciation
-€21,449
Other operating charges
-€1,634
Financial charges
-€819
Result 2025
€14,886
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€93,245
Investment
-€35,594
Financing
-€42,233
Cash 2024
€10,606
From operations (derived)
+€93,245
Net result for the year
+€14,886
Depreciation
+€75,072
Receivables within one year
+€16,691
Trade debts
-€19,404
Tax, wage and social debts
+€5,999
Investment (derived)
-€35,594
Investment in fixed assets (net)
-€35,594
Financing
-€42,233
Debts after one year
-€42,233
Cash 2025
€26,024
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,618,399 | €1,577,647 | -€40,752 | -2.5% |
| Fixed assets | 21/28 | €1,591,101 | €1,551,623 | -€39,479 | -2.5% |
| Tangible fixed assets | 22/27 | €1,591,101 | €1,551,623 | -€39,479 | -2.5% |
| Land and buildings | 22 | €1,591,101 | €1,551,623 | -€39,479 | -2.5% |
| Current assets | 29/58 | €27,297 | €26,024 | -€1,273 | -4.7% |
| Amounts receivable within one year | 40/41 | €16,691 | - | -€16,691 | |
| Trade receivables | 40 | €9,316 | - | -€9,316 | |
| Other amounts receivable | 41 | €7,376 | - | -€7,376 | |
| Cash at bank and in hand | 54/58 | €10,606 | €26,024 | +€15,418 | +145% |
| Total equity and liabilities | 10/49 | €1,618,399 | €1,577,647 | -€40,752 | -2.5% |
| Equity | 10/15 | €51,374 | €66,261 | +€14,886 | +29.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,626 | -€83,739 | +€14,886 | +15.1% |
| Amounts payable | 17/49 | €1,567,025 | €1,511,387 | -€55,638 | -3.6% |
| Amounts payable after more than one year | 17 | €1,500,681 | €1,458,448 | -€42,233 | -2.8% |
| Financial debts | 170/4 | €700,681 | €658,448 | -€42,233 | -6.0% |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,344 | €52,939 | -€13,405 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €41,824 | €41,824 | = | 0.0% |
| Trade debts | 44 | €24,520 | €5,116 | -€19,404 | -79.1% |
| Suppliers | 440/4 | €24,520 | €5,116 | -€19,404 | -79.1% |
| Taxes, remuneration and social security | 45 | - | €5,999 | +€5,999 | |
| Taxes | 450/3 | - | €5,999 | +€5,999 | |
| Turnover | 70 | - | €785 | +€785 | |
| Goods, raw materials, services and sundry goods | 60/61 | €21,100 | €9,632 | -€11,468 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,623 | €75,072 | +€21,449 | +40.0% |
| Other operating charges | 640/8 | €11,176 | €12,810 | +€1,634 | +14.6% |
| Gross operating margin | 9900 | -€10,850 | €126,564 | +€137,414 | |
| Operating profit (loss) | 9901 | -€75,649 | €38,681 | +€114,330 | |
| Financial charges | 65/66B | €22,976 | €23,795 | +€819 | +3.6% |
| Recurring financial charges | 65 | €22,976 | €23,795 | +€819 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€98,626 | €14,886 | +€113,512 | |
| Profit (loss) for the period | 9904 | -€98,626 | €14,886 | +€113,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€98,626 | €14,886 | +€113,512 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.