IMMO - SALMON: what changed
What changed
IMMO - SALMON
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
-€16,673
2024 · -€26,986+€10,313
Equity
€57,156
2024 · €73,828-€16,673
Cash
€1,279
2024 · €15+€1,264
Balance sheet total
€403,526
2024 · €403,051+€475
Largest movements
Assets
- Tangible fixed assets -€17,939
down €17,939 (-5.2%), from €344,652 to €326,713
- Receivables within one year +€17,150
up €17,150 (+29.5%), from €58,040 to €75,190
of which Other amounts receivable: +€11,990
Equity and liabilities
- Other debts +€34,871
up €34,871 (+28.5%), from €122,238 to €157,108
- Profit (loss) carried forward -€16,673
down €16,673 (-120%), from -€13,855 to -€30,528
- Current portion of long-term debt -€14,268
down €14,268 (-56.0%), from €25,492 to €11,224
Income statement
- Write-downs -€7,920
no longer reported in 2025 (was €7,920)
- Gross operating margin -€6,258
down €6,258 (-37.9%), from €16,527 to €10,268
- Other operating charges -€4,921
down €4,921 (-46.5%), from €10,577 to €5,656
- Financial charges -€4,102
down €4,102 (-55.1%), from €7,448 to €3,346
- Financial income -€371
no longer reported in 2025 (was €371)
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
-€26,986
Gross operating margin
-€6,258
Write-downs
+€7,920
Other operating charges
+€4,921
Financial income
-€371
Financial charges
+€4,102
Result 2025
-€16,673
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
+€15,532
Investment
€0
Financing
-€14,268
Cash 2024
€15
From operations (derived)
+€15,532
Net result for the year
-€16,673
Depreciation
+€17,939
Receivables within one year
-€17,150
Trade debts
-€3,455
Other debts
+€34,871
Financing
-€14,268
Current portion of long-term debt
-€14,268
Cash 2025
€1,279
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €403,051 | €403,526 | +€475 | +0.1% |
| Fixed assets | 21/28 | €344,652 | €326,713 | -€17,939 | -5.2% |
| Tangible fixed assets | 22/27 | €344,652 | €326,713 | -€17,939 | -5.2% |
| Land and buildings | 22 | €344,652 | €326,713 | -€17,939 | -5.2% |
| Current assets | 29/58 | €58,399 | €76,813 | +€18,414 | +31.5% |
| Amounts receivable within one year | 40/41 | €58,040 | €75,190 | +€17,150 | +29.5% |
| Trade receivables | 40 | €51,151 | €56,311 | +€5,160 | +10.1% |
| Other amounts receivable | 41 | €6,889 | €18,879 | +€11,990 | +174% |
| Cash at bank and in hand | 54/58 | €15 | €1,279 | +€1,264 | +8,586% |
| Deferred charges and accrued income | 490/1 | €344 | €344 | = | 0.0% |
| Total equity and liabilities | 10/49 | €403,051 | €403,526 | +€475 | +0.1% |
| Equity | 10/15 | €73,828 | €57,156 | -€16,673 | -22.6% |
| Contributions | 10/11 | €62,174 | €62,174 | = | 0.0% |
| Capital | 10 | €62,174 | €62,174 | = | 0.0% |
| Issued capital | 100 | €62,174 | €62,174 | = | 0.0% |
| Reserves | 13 | €25,510 | €25,510 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,217 | €6,217 | = | 0.0% |
| Legal reserve | 130 | €6,217 | €6,217 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,060 | €16,060 | = | 0.0% |
| Distributable reserves | 133 | €3,233 | €3,233 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,855 | -€30,528 | -€16,673 | -120% |
| Amounts payable | 17/49 | €329,222 | €346,370 | +€17,148 | +5.2% |
| Amounts payable after more than one year | 17 | €161,393 | €161,393 | = | 0.0% |
| Financial debts | 170/4 | €161,393 | €161,393 | = | 0.0% |
| Amounts payable within one year | 42/48 | €167,829 | €184,977 | +€17,148 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €25,492 | €11,224 | -€14,268 | -56.0% |
| Trade debts | 44 | €20,099 | €16,645 | -€3,455 | -17.2% |
| Suppliers | 440/4 | €20,099 | €16,645 | -€3,455 | -17.2% |
| Other amounts payable | 47/48 | €122,238 | €157,108 | +€34,871 | +28.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,939 | €17,939 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,920 | - | -€7,920 | |
| Other operating charges | 640/8 | €10,577 | €5,656 | -€4,921 | -46.5% |
| Gross operating margin | 9900 | €16,527 | €10,268 | -€6,258 | -37.9% |
| Operating profit (loss) | 9901 | -€19,909 | -€13,327 | +€6,583 | +33.1% |
| Financial income | 75/76B | €371 | - | -€371 | |
| Recurring financial income | 75 | €371 | - | -€371 | |
| Financial charges | 65/66B | €7,448 | €3,346 | -€4,102 | -55.1% |
| Recurring financial charges | 65 | €7,448 | €3,346 | -€4,102 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,986 | -€16,673 | +€10,313 | +38.2% |
| Profit (loss) for the period | 9904 | -€26,986 | -€16,673 | +€10,313 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,986 | -€16,673 | +€10,313 | +38.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.