IMMO SCHEEPERS: 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 SCHEEPERS
Largest movements
- Receivables within one year -€184,496
down €184,496 (-14.1%), from €1.3m to €1.1m
of which Other amounts receivable: -€184,496
- Reserves -€260,647
down €260,647 (-23.6%), from €1.1m to €841,484
of which Distributable reserves: -€239,916
- Other debts +€200,000
up €200,000 (+200%), from €100,000 to €300,000
- Debts after one year -€81,081
no longer reported in 2025 (was €81,081)
- Trade debts -€51,389
down €51,389 (-45.9%), from €112,009 to €60,619
- Financial income -€62,415
down €62,415 (-66.9%), from €93,343 to €30,928
- Services and other goods -€52,214
down €52,214 (-43.7%), from €119,456 to €67,242
- Depreciation -€42,666
down €42,666 (-60.0%), from €71,086 to €28,420
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,918,021 | €2,708,055 | -€209,967 | -7.2% |
| Fixed assets | 21/28 | €1,592,697 | €1,564,277 | -€28,420 | -1.8% |
| Tangible fixed assets | 22/27 | €1,592,697 | €1,564,277 | -€28,420 | -1.8% |
| Land and buildings | 22 | €1,592,697 | €1,564,277 | -€28,420 | -1.8% |
| Current assets | 29/58 | €1,325,324 | €1,143,777 | -€181,547 | -13.7% |
| Amounts receivable within one year | 40/41 | €1,307,521 | €1,123,025 | -€184,496 | -14.1% |
| Trade receivables | 40 | €11,375 | €11,375 | = | 0.0% |
| Other amounts receivable | 41 | €1,296,146 | €1,111,650 | -€184,496 | -14.2% |
| Deferred charges and accrued income | 490/1 | €17,803 | €20,752 | +€2,950 | +16.6% |
| Total equity and liabilities | 10/49 | €2,918,021 | €2,708,055 | -€209,967 | -7.2% |
| Equity | 10/15 | €2,391,884 | €2,131,237 | -€260,647 | -10.9% |
| Contributions | 10/11 | €571,600 | €571,600 | = | 0.0% |
| Capital | 10 | €571,600 | €571,600 | = | 0.0% |
| Issued capital | 100 | €571,600 | €571,600 | = | 0.0% |
| Revaluation surpluses | 12 | €718,153 | €718,153 | = | 0.0% |
| Reserves | 13 | €1,102,131 | €841,484 | -€260,647 | -23.6% |
| Non-distributable reserves | 130/1 | €58,674 | €58,674 | = | 0.0% |
| Legal reserve | 130 | €57,160 | €57,160 | = | 0.0% |
| Other | 1319 | €1,514 | €1,514 | = | 0.0% |
| Tax-exempt reserves | 132 | €408,301 | €387,569 | -€20,732 | -5.1% |
| Distributable reserves | 133 | €635,156 | €395,240 | -€239,916 | -37.8% |
| Provisions and deferred taxes | 16 | €136,100 | €129,190 | -€6,911 | -5.1% |
| Deferred taxes | 168 | €136,100 | €129,190 | -€6,911 | -5.1% |
| Amounts payable | 17/49 | €390,037 | €447,628 | +€57,591 | +14.8% |
| Amounts payable after more than one year | 17 | €81,081 | - | -€81,081 | |
| Financial debts | 170/4 | €81,081 | - | -€81,081 | |
| Credit institutions | 173 | €81,081 | - | -€81,081 | |
| Amounts payable within one year | 42/48 | €308,956 | €447,500 | +€138,544 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | €81,081 | €81,081 | +€0 | 0.0% |
| Trade debts | 44 | €112,009 | €60,619 | -€51,389 | -45.9% |
| Suppliers | 440/4 | €112,009 | €60,619 | -€51,389 | -45.9% |
| Taxes, remuneration and social security | 45 | €15,866 | €5,800 | -€10,066 | -63.4% |
| Taxes | 450/3 | €15,866 | €5,800 | -€10,066 | -63.4% |
| Other amounts payable | 47/48 | €100,000 | €300,000 | +€200,000 | +200% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Operating income | 70/76A | €136,500 | €136,500 | = | 0.0% |
| Turnover | 70 | €136,500 | €136,500 | = | 0.0% |
| Operating charges | 60/66A | €205,695 | €111,222 | -€94,474 | -45.9% |
| Services and other goods | 61 | €119,456 | €67,242 | -€52,214 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,086 | €28,420 | -€42,666 | -60.0% |
| Other operating charges | 640/8 | €15,154 | €15,560 | +€406 | +2.7% |
| Operating profit (loss) | 9901 | -€69,195 | €25,278 | +€94,474 | |
| Financial income | 75/76B | €93,343 | €30,928 | -€62,415 | -66.9% |
| Recurring financial income | 75 | €93,343 | €30,928 | -€62,415 | -66.9% |
| Income from current assets | 751 | €93,343 | €30,928 | -€62,415 | -66.9% |
| Financial charges | 65/66B | €3,709 | €2,618 | -€1,091 | -29.4% |
| Recurring financial charges | 65 | €3,709 | €2,618 | -€1,091 | -29.4% |
| Other financial charges | 652/9 | €3,709 | €2,618 | -€1,091 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €20,439 | €53,588 | +€33,149 | +162% |
| Transfer from deferred taxes | 780 | €6,911 | €6,911 | = | 0.0% |
| Income taxes | 67/77 | €20,886 | €21,146 | +€260 | +1.2% |
| Taxes | 670/3 | €20,886 | €21,146 | +€260 | +1.2% |
| Profit (loss) for the period | 9904 | €6,463 | €39,353 | +€32,890 | +509% |
| Transfer from tax-exempt reserves | 789 | €20,732 | €20,732 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,195 | €60,084 | +€32,890 | +121% |
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.