IMMO-SCHILDHOEVE: 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-SCHILDHOEVE
Largest movements
- Tangible fixed assets -€840,664
down €840,664 (-80.1%), from €1.1m to €209,464
- Cash +€510,888
up €510,888 (+2778.3%), from €18,389 to €529,276
mainly Investment in fixed assets (net) (+€828,418) and Net result for the year (+€417,631)
- Receivables after one year +€150,000
new in 2025: €150,000
- Revaluation surpluses -€630,000
down €630,000 (-100.0%), from €630,000 to €0
- Reserves +€417,631
up €417,631 (+193.3%), from €216,016 to €633,647
- Tax, wage and social debts +€132,177
new in 2025: €132,177
- Debts after one year -€75,293
down €75,293 (-100.0%), from €75,293 to €0
of which Financial debts: -€75,293
- Current portion of long-term debt -€15,950
down €15,950 (-100.0%), from €15,950 to €0
- Gross operating margin +€539,779
up €539,779 (+1380.5%), from €39,100 to €578,879
- Taxes +€132,177
new in 2025: €132,177
- Financial charges -€15,566
down €15,566 (-60.5%), from €25,716 to €10,149
- Depreciation -€12,612
down €12,612 (-50.7%), from €24,857 to €12,245
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 | €1,068,517 | €897,977 | -€170,540 | -16.0% |
| Fixed assets | 21/28 | €1,050,128 | €209,464 | -€840,664 | -80.1% |
| Tangible fixed assets | 22/27 | €1,050,128 | €209,464 | -€840,664 | -80.1% |
| Land and buildings | 22 | €1,050,128 | €209,464 | -€840,664 | -80.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €18,389 | €688,512 | +€670,124 | +3644.3% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €0 | €9,236 | +€9,236 | |
| Other amounts receivable | 41 | €0 | €9,236 | +€9,236 | |
| Cash at bank and in hand | 54/58 | €18,389 | €529,276 | +€510,888 | +2778.3% |
| Total equity and liabilities | 10/49 | €1,068,517 | €897,977 | -€170,540 | -16.0% |
| Equity | 10/15 | €976,214 | €763,845 | -€212,369 | -21.8% |
| Contributions | 10/11 | €130,198 | €130,198 | = | 0.0% |
| Revaluation surpluses | 12 | €630,000 | €0 | -€630,000 | -100.0% |
| Reserves | 13 | €216,016 | €633,647 | +€417,631 | +193.3% |
| Distributable reserves | 133 | €216,016 | €633,647 | +€417,631 | +193.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €92,302 | €134,131 | +€41,829 | +45.3% |
| Amounts payable after more than one year | 17 | €75,293 | €0 | -€75,293 | -100.0% |
| Financial debts | 170/4 | €75,293 | €0 | -€75,293 | -100.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €17,009 | €134,131 | +€117,122 | +688.6% |
| Current portion of amounts payable after more than one year | 42 | €15,950 | €0 | -€15,950 | -100.0% |
| Trade debts | 44 | €0 | €1,954 | +€1,954 | |
| Suppliers | 440/4 | €0 | €1,954 | +€1,954 | |
| Taxes, remuneration and social security | 45 | - | €132,177 | +€132,177 | |
| Taxes | 450/3 | - | €132,177 | +€132,177 | |
| Other amounts payable | 47/48 | €1,059 | €0 | -€1,059 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,857 | €12,245 | -€12,612 | -50.7% |
| Other operating charges | 640/8 | €7,260 | €8,049 | +€790 | +10.9% |
| Gross operating margin | 9900 | €39,100 | €578,879 | +€539,779 | +1380.5% |
| Operating profit (loss) | 9901 | €6,983 | €558,584 | +€551,600 | +7898.7% |
| Financial income | 75/76B | - | €1,374 | +€1,374 | |
| Recurring financial income | 75 | - | €1,374 | +€1,374 | |
| Financial charges | 65/66B | €25,716 | €10,149 | -€15,566 | -60.5% |
| Recurring financial charges | 65 | €25,716 | €10,149 | -€15,566 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,732 | €549,808 | +€568,540 | |
| Income taxes | 67/77 | - | €132,177 | +€132,177 | |
| Profit (loss) for the period | 9904 | -€18,732 | €417,631 | +€436,363 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,732 | €417,631 | +€436,363 |
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 12 October 2026 via checked.be.