IMMO SCHERENS: what changed
Two fiscal 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 SCHERENS
Largest movements
- Receivables within one year -€83,817
down €83,817 (-14.8%), from €566,190 to €482,373
of which Other amounts receivable: -€83,292
- Provisions -€162,703
down €162,703 (-100.0%), from €162,703 to €0
- Reserves -€146,179
down €146,179 (-26.0%), from €562,728 to €416,549
of which Tax-exempt reserves: -€488,110
- Tax, wage and social debts +€128,418
new in 2025: €128,418
- Profit (loss) carried forward +€104,487
up €104,487, from -€104,487 to €0
- Trade debts -€10,099
down €10,099 (-19.1%), from €53,012 to €42,913
- Taxes +€128,418
new in 2025: €128,418
- Gross operating margin -€26,620
down €26,620 (-95.6%), from €27,858 to €1,238
- Other operating charges +€25,265
up €25,265 (+42.3%), from €59,665 to €84,929
- Financial charges -€1,211
down €1,211 (-39.9%), from €3,036 to €1,825
- Financial income -€436
down €436 (-4.0%), from €10,908 to €10,472
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 | €978,865 | €892,789 | -€86,076 | -8.8% |
| Formation expenses | 20 | €6,336 | €6,336 | = | 0.0% |
| Fixed assets | 21/28 | €81,697 | €80,764 | -€933 | -1.1% |
| Tangible fixed assets | 22/27 | €81,447 | €80,514 | -€933 | -1.1% |
| Land and buildings | 22 | €81,447 | €80,514 | -€933 | -1.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €890,833 | €805,689 | -€85,143 | -9.6% |
| Amounts receivable within one year | 40/41 | €566,190 | €482,373 | -€83,817 | -14.8% |
| Trade receivables | 40 | €525 | €0 | -€525 | -100.0% |
| Other amounts receivable | 41 | €565,665 | €482,373 | -€83,292 | -14.7% |
| Cash at bank and in hand | 54/58 | €324,642 | €323,316 | -€1,326 | -0.4% |
| Total equity and liabilities | 10/49 | €978,865 | €892,789 | -€86,076 | -8.8% |
| Equity | 10/15 | €763,150 | €721,458 | -€41,692 | -5.5% |
| Contributions | 10/11 | €304,909 | €304,909 | = | 0.0% |
| Capital | 10 | €304,909 | €304,909 | = | 0.0% |
| Issued capital | 100 | €304,909 | €304,909 | = | 0.0% |
| Reserves | 13 | €562,728 | €416,549 | -€146,179 | -26.0% |
| Non-distributable reserves | 130/1 | €30,491 | €30,491 | = | 0.0% |
| Legal reserve | 130 | €30,491 | €30,491 | = | 0.0% |
| Tax-exempt reserves | 132 | €488,110 | €0 | -€488,110 | -100.0% |
| Distributable reserves | 133 | €44,127 | €386,058 | +€341,931 | +774.9% |
| Profit (loss) carried forward | 14 | -€104,487 | €0 | +€104,487 | |
| Provisions and deferred taxes | 16 | €162,703 | €0 | -€162,703 | -100.0% |
| Deferred taxes | 168 | €162,703 | €0 | -€162,703 | -100.0% |
| Amounts payable | 17/49 | €53,012 | €171,331 | +€118,319 | +223.2% |
| Amounts payable within one year | 42/48 | €53,012 | €171,331 | +€118,319 | +223.2% |
| Trade debts | 44 | €53,012 | €42,913 | -€10,099 | -19.1% |
| Suppliers | 440/4 | €53,012 | €42,913 | -€10,099 | -19.1% |
| Taxes, remuneration and social security | 45 | - | €128,418 | +€128,418 | |
| Taxes | 450/3 | - | €128,418 | +€128,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €933 | €933 | = | 0.0% |
| Other operating charges | 640/8 | €59,665 | €84,929 | +€25,265 | +42.3% |
| Gross operating margin | 9900 | €27,858 | €1,238 | -€26,620 | -95.6% |
| Operating profit (loss) | 9901 | -€32,739 | -€84,624 | -€51,885 | -158.5% |
| Financial income | 75/76B | €10,908 | €10,472 | -€436 | -4.0% |
| Recurring financial income | 75 | €10,908 | €10,472 | -€436 | -4.0% |
| Financial charges | 65/66B | €3,036 | €1,825 | -€1,211 | -39.9% |
| Recurring financial charges | 65 | €3,036 | €1,825 | -€1,211 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,866 | -€75,977 | -€51,110 | -205.5% |
| Transfer from deferred taxes | 780 | - | €162,703 | +€162,703 | |
| Income taxes | 67/77 | - | €128,418 | +€128,418 | |
| Profit (loss) for the period | 9904 | -€24,866 | -€41,692 | -€16,825 | -67.7% |
| Transfer from tax-exempt reserves | 789 | - | €488,110 | +€488,110 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,866 | €446,418 | +€471,285 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.