IMMO SCENE: 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 SCENE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€18,413
2024 · -€3,109-€15,304
Equity
€1.5m
2024 · €1.5m-€18,413
Cash
€44,366
2024 · €54,879-€10,513
Balance sheet total
€1.5m
2024 · €1.5m-€12,374
Largest movements
Assets
- Tangible fixed assets -€17,918
down €17,918 (-1.6%), from €1.1m to €1.1m
of which Land and buildings: -€15,261
- Receivables within one year +€15,762
up €15,762 (+4.6%), from €342,590 to €358,351
of which Other amounts receivable: +€43,703
Equity and liabilities
- Profit (loss) carried forward -€18,413
down €18,413, from €10,622 to -€7,790
Income statement
- Staff costs +€9,253
up €9,253 (+30.4%), from €30,441 to €39,694
- Gross operating margin -€5,770
down €5,770 (-12.5%), from €46,026 to €40,256
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
-€3,109
Gross operating margin
-€5,770
Staff costs
-€9,253
Depreciation
-€269
Other operating charges
-€38
Financial income
+€63
Financial charges
-€37
Result 2025
-€18,413
raises the resultlowers the result
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.
From operations
-€10,513
Investment
€0
Financing
€0
Cash 2024
€54,879
From operations (derived)
-€10,513
Net result for the year
-€18,413
Depreciation
+€17,918
Receivables within one year
-€15,762
Deferred charges and accrued income
-€296
Trade debts
+€1,180
Tax, wage and social debts
+€4,175
Accrued charges and deferred income
+€683
Cash 2025
€44,366
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,537,923 | €1,525,550 | -€12,374 | -0.8% |
| Fixed assets | 21/28 | €1,132,046 | €1,114,129 | -€17,918 | -1.6% |
| Tangible fixed assets | 22/27 | €1,132,046 | €1,114,129 | -€17,918 | -1.6% |
| Land and buildings | 22 | €1,113,663 | €1,098,402 | -€15,261 | -1.4% |
| Plant, machinery and equipment | 23 | €968 | €254 | -€714 | -73.8% |
| Furniture and vehicles | 24 | €12,210 | €10,836 | -€1,375 | -11.3% |
| Other tangible fixed assets | 26 | €5,205 | €4,637 | -€568 | -10.9% |
| Current assets | 29/58 | €405,877 | €411,421 | +€5,544 | +1.4% |
| Amounts receivable within one year | 40/41 | €342,590 | €358,351 | +€15,762 | +4.6% |
| Trade receivables | 40 | €37,269 | €9,327 | -€27,942 | -75.0% |
| Other amounts receivable | 41 | €305,321 | €349,024 | +€43,703 | +14.3% |
| Cash at bank and in hand | 54/58 | €54,879 | €44,366 | -€10,513 | -19.2% |
| Deferred charges and accrued income | 490/1 | €8,408 | €8,704 | +€296 | +3.5% |
| Total equity and liabilities | 10/49 | €1,537,923 | €1,525,550 | -€12,374 | -0.8% |
| Equity | 10/15 | €1,517,622 | €1,499,210 | -€18,413 | -1.2% |
| Contributions | 10/11 | €1,010,000 | €1,010,000 | = | 0.0% |
| Capital | 10 | €1,010,000 | €1,010,000 | = | 0.0% |
| Issued capital | 100 | €1,010,000 | €1,010,000 | = | 0.0% |
| Reserves | 13 | €497,000 | €497,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €101,000 | €101,000 | = | 0.0% |
| Legal reserve | 130 | €101,000 | €101,000 | = | 0.0% |
| Distributable reserves | 133 | €396,000 | €396,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,622 | -€7,790 | -€18,413 | |
| Amounts payable | 17/49 | €20,301 | €26,340 | +€6,039 | +29.7% |
| Amounts payable within one year | 42/48 | €3,053 | €8,409 | +€5,356 | +175% |
| Trade debts | 44 | €80 | €1,260 | +€1,180 | +1,469% |
| Suppliers | 440/4 | €80 | €1,260 | +€1,180 | +1,469% |
| Taxes, remuneration and social security | 45 | €2,973 | €7,148 | +€4,175 | +140% |
| Taxes | 450/3 | €197 | - | -€197 | |
| Remuneration and social security | 454/9 | €2,776 | €7,148 | +€4,372 | +157% |
| Accrued charges and deferred income | 492/3 | €17,248 | €17,931 | +€683 | +4.0% |
| Remuneration, social security and pensions | 62 | €30,441 | €39,694 | +€9,253 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,649 | €17,918 | +€269 | +1.5% |
| Other operating charges | 640/8 | €960 | €999 | +€38 | +4.0% |
| Gross operating margin | 9900 | €46,026 | €40,256 | -€5,770 | -12.5% |
| Operating profit (loss) | 9901 | -€3,024 | -€18,355 | -€15,330 | -507% |
| Financial income | 75/76B | €55 | €118 | +€63 | +114% |
| Recurring financial income | 75 | €55 | €118 | +€63 | +114% |
| Financial charges | 65/66B | €139 | €176 | +€37 | +26.3% |
| Recurring financial charges | 65 | €139 | €176 | +€37 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,109 | -€18,413 | -€15,304 | -492% |
| Profit (loss) for the period | 9904 | -€3,109 | -€18,413 | -€15,304 | -492% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,109 | -€18,413 | -€15,304 | -492% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.