IMMO SACOTTE: 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 SACOTTE
Largest movements
- Receivables after one year -€138,600
down €138,600 (-27.7%), from €500,350 to €361,750
- Cash -€76,687
down €76,687 (-92.4%), from €83,026 to €6,338
mainly Provisions (-€151,875) and Debts after one year (-€94,779)
- Reserves -€455,626
down €455,626 (-81.0%), from €562,668 to €107,042
of which Tax-exempt reserves: -€455,626
- Profit (loss) carried forward +€455,266
up €455,266 (+691.2%), from €65,868 to €521,134
- Provisions -€151,875
down €151,875 (-100.0%), from €151,875 to €0
- Debts after one year -€94,779
down €94,779 (-87.3%), from €108,512 to €13,732
of which Other amounts payable: -€78,961
- Taxes +€155,917
up €155,917 (+3970.0%), from €3,927 to €159,844
- Gross operating margin -€2,829
down €2,829 (-5.9%), from €47,602 to €44,773
- Financial charges -€978
down €978 (-26.9%), from €3,639 to €2,661
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 | €3,569,174 | €3,342,038 | -€227,137 | -6.4% |
| Fixed assets | 21/28 | €2,924,604 | €2,914,460 | -€10,144 | -0.3% |
| Tangible fixed assets | 22/27 | €2,554,891 | €2,544,747 | -€10,144 | -0.4% |
| Land and buildings | 22 | €2,554,891 | €2,544,747 | -€10,144 | -0.4% |
| Financial fixed assets | 28 | €369,713 | €369,713 | = | 0.0% |
| Current assets | 29/58 | €644,570 | €427,578 | -€216,992 | -33.7% |
| Amounts receivable after more than one year | 29 | €500,350 | €361,750 | -€138,600 | -27.7% |
| Other amounts receivable | 291 | €500,350 | €361,750 | -€138,600 | -27.7% |
| Amounts receivable within one year | 40/41 | €50,549 | €48,600 | -€1,949 | -3.9% |
| Other amounts receivable | 41 | €50,549 | €48,600 | -€1,949 | -3.9% |
| Cash at bank and in hand | 54/58 | €83,026 | €6,338 | -€76,687 | -92.4% |
| Deferred charges and accrued income | 490/1 | €10,646 | €10,889 | +€244 | +2.3% |
| Total equity and liabilities | 10/49 | €3,569,174 | €3,342,038 | -€227,137 | -6.4% |
| Equity | 10/15 | €3,221,387 | €3,221,027 | -€360 | 0.0% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Revaluation surpluses | 12 | €2,344,958 | €2,344,958 | = | 0.0% |
| Reserves | 13 | €562,668 | €107,042 | -€455,626 | -81.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €471,926 | €16,300 | -€455,626 | -96.5% |
| Distributable reserves | 133 | €65,953 | €65,953 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,868 | €521,134 | +€455,266 | +691.2% |
| Provisions and deferred taxes | 16 | €151,875 | €0 | -€151,875 | -100.0% |
| Deferred taxes | 168 | €151,875 | €0 | -€151,875 | -100.0% |
| Amounts payable | 17/49 | €195,912 | €121,011 | -€74,901 | -38.2% |
| Amounts payable after more than one year | 17 | €108,512 | €13,732 | -€94,779 | -87.3% |
| Financial debts | 170/4 | €15,819 | €0 | -€15,819 | -100.0% |
| Other amounts payable | 178/9 | €92,693 | €13,732 | -€78,961 | -85.2% |
| Amounts payable within one year | 42/48 | €43,139 | €67,532 | +€24,393 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | €21,835 | €15,819 | -€6,016 | -27.6% |
| Trade debts | 44 | €18,187 | €15,511 | -€2,676 | -14.7% |
| Suppliers | 440/4 | €18,187 | €15,511 | -€2,676 | -14.7% |
| Taxes, remuneration and social security | 45 | €2,415 | €35,588 | +€33,173 | +1373.6% |
| Taxes | 450/3 | €1,990 | €35,163 | +€33,173 | +1666.9% |
| Remuneration and social security | 454/9 | €425 | €425 | = | 0.0% |
| Other amounts payable | 47/48 | €702 | €614 | -€89 | -12.6% |
| Accrued charges and deferred income | 492/3 | €44,261 | €39,746 | -€4,515 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,614 | €15,731 | +€118 | +0.8% |
| Other operating charges | 640/8 | €14,328 | €14,786 | +€458 | +3.2% |
| Gross operating margin | 9900 | €47,602 | €44,773 | -€2,829 | -5.9% |
| Operating profit (loss) | 9901 | €17,660 | €14,256 | -€3,404 | -19.3% |
| Financial income | 75/76B | €255 | €314 | +€59 | +23.1% |
| Recurring financial income | 75 | €255 | €314 | +€59 | +23.1% |
| Financial charges | 65/66B | €3,639 | €2,661 | -€978 | -26.9% |
| Recurring financial charges | 65 | €3,639 | €2,661 | -€978 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €14,276 | €11,909 | -€2,367 | -16.6% |
| Transfer from deferred taxes | 780 | - | €151,875 | +€151,875 | |
| Income taxes | 67/77 | €3,927 | €159,844 | +€155,917 | +3970.0% |
| Profit (loss) for the period | 9904 | €10,349 | €3,940 | -€6,409 | -61.9% |
| Transfer from tax-exempt reserves | 789 | - | €455,626 | +€455,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,349 | €459,566 | +€449,217 | +4340.8% |
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.