IMMO SAGEO: 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 SAGEO
Largest movements
- Tangible fixed assets -€21,422
down €21,422 (-4.2%), from €507,431 to €486,009
of which Land and buildings: -€22,857
- Debts after one year -€16,693
down €16,693 (-3.8%), from €434,819 to €418,126
- Other debts -€12,852
down €12,852 (-15.8%), from €81,547 to €68,695
- Trade debts +€10,336
up €10,336 (+1,309%), from €789 to €11,125
- Gross operating margin +€34,657
up €34,657 (+541%), from €6,401 to €41,058
- Financial charges +€5,553
up €5,553 (+47.8%), from €11,610 to €17,163
- Depreciation +€498
up €498 (+2.1%), from €23,816 to €24,314
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 | €513,955 | €491,419 | -€22,536 | -4.4% |
| Fixed assets | 21/28 | €507,431 | €486,009 | -€21,422 | -4.2% |
| Tangible fixed assets | 22/27 | €507,431 | €486,009 | -€21,422 | -4.2% |
| Land and buildings | 22 | €494,670 | €471,813 | -€22,857 | -4.6% |
| Plant, machinery and equipment | 23 | €12,762 | €14,196 | +€1,435 | +11.2% |
| Current assets | 29/58 | €6,524 | €5,410 | -€1,114 | -17.1% |
| Cash at bank and in hand | 54/58 | €6,524 | €5,410 | -€1,114 | -17.1% |
| Total equity and liabilities | 10/49 | €513,955 | €491,419 | -€22,536 | -4.4% |
| Equity | 10/15 | -€22,360 | -€26,345 | -€3,985 | -17.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,360 | -€36,345 | -€3,985 | -12.3% |
| Amounts payable | 17/49 | €536,315 | €517,764 | -€18,551 | -3.5% |
| Amounts payable after more than one year | 17 | €434,819 | €418,126 | -€16,693 | -3.8% |
| Financial debts | 170/4 | €434,819 | €418,126 | -€16,693 | -3.8% |
| Amounts payable within one year | 42/48 | €98,414 | €96,513 | -€1,901 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €16,078 | €16,693 | +€615 | +3.8% |
| Trade debts | 44 | €789 | €11,125 | +€10,336 | +1,309% |
| Suppliers | 440/4 | €789 | €11,125 | +€10,336 | +1,309% |
| Other amounts payable | 47/48 | €81,547 | €68,695 | -€12,852 | -15.8% |
| Accrued charges and deferred income | 492/3 | €3,082 | €3,125 | +€43 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,816 | €24,314 | +€498 | +2.1% |
| Other operating charges | 640/8 | €3,334 | €3,566 | +€232 | +7.0% |
| Gross operating margin | 9900 | €6,401 | €41,058 | +€34,657 | +541% |
| Operating profit (loss) | 9901 | -€20,750 | €13,178 | +€33,928 | |
| Financial charges | 65/66B | €11,610 | €17,163 | +€5,553 | +47.8% |
| Recurring financial charges | 65 | €11,610 | €17,163 | +€5,553 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,360 | -€3,985 | +€28,374 | +87.7% |
| Profit (loss) for the period | 9904 | -€32,360 | -€3,985 | +€28,374 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,360 | -€3,985 | +€28,374 | +87.7% |
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.