IMMO SINT JOZEF: 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 SINT JOZEF
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€72,693
2024 · -€70,567-€2,125
Equity
€7.0m
2024 · €7.1m-€72,693
Cash
€79,536
2024 · €3,625+€75,912
Balance sheet total
€8.6m
2024 · €7.2m+€1.4m
Largest movements
Assets
- Tangible fixed assets +€1.3m
up €1.3m (+23.0%), from €5.5m to €6.8m
of which Assets under construction and advance payments: +€1.1m
Equity and liabilities
- Debts after one year +€1.5m
up €1.5m (+3,345%), from €44,250 to €1.5m
of which Financial debts: +€1.5m
Income statement
- Gross operating margin +€7,377
up €7,377 (+9.6%), from €76,786 to €84,164
- Financial income -€6,905
down €6,905 (-13.7%), from €50,560 to €43,655
- Financial charges +€2,211
up €2,211 (+4,211%), from €53 to €2,263
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
-€70,567
Gross operating margin
+€7,377
Depreciation
+€0
Other operating charges
-€387
Financial income
-€6,905
Financial charges
-€2,211
Result 2025
-€72,693
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
+€62,793
Investment
-€1.5m
Financing
+€1.5m
Cash 2024
€3,625
From operations (derived)
+€62,793
Net result for the year
-€72,693
Depreciation
+€201,924
Receivables within one year
-€71,446
Deferred charges and accrued income
+€6,120
Provisions
-€6,341
Trade debts
+€4,091
Accrued charges and deferred income
+€1,137
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€1.5m
Debts after one year
+€1.5m
Cash 2025
€79,536
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,197,384 | €8,603,578 | +€1.4m | +19.5% |
| Fixed assets | 21/28 | €5,501,170 | €6,766,128 | +€1.3m | +23.0% |
| Tangible fixed assets | 22/27 | €5,498,532 | €6,763,489 | +€1.3m | +23.0% |
| Land and buildings | 22 | €5,315,595 | €5,431,371 | +€115,776 | +2.2% |
| Plant, machinery and equipment | 23 | €5,569 | €4,869 | -€700 | -12.6% |
| Other tangible fixed assets | 26 | €177,368 | €177,368 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €1,149,881 | +€1.1m | |
| Financial fixed assets | 28 | €2,638 | €2,638 | = | 0.0% |
| Current assets | 29/58 | €1,696,213 | €1,837,450 | +€141,237 | +8.3% |
| Amounts receivable within one year | 40/41 | €1,631,812 | €1,703,258 | +€71,446 | +4.4% |
| Trade receivables | 40 | - | €1,760 | +€1,760 | |
| Other amounts receivable | 41 | €1,631,812 | €1,701,498 | +€69,686 | +4.3% |
| Cash at bank and in hand | 54/58 | €3,625 | €79,536 | +€75,912 | +2,094% |
| Deferred charges and accrued income | 490/1 | €60,776 | €54,656 | -€6,120 | -10.1% |
| Total equity and liabilities | 10/49 | €7,197,384 | €8,603,578 | +€1.4m | +19.5% |
| Equity | 10/15 | €7,086,290 | €7,013,597 | -€72,693 | -1.0% |
| Contributions | 10/11 | €2,736,177 | €2,736,177 | = | 0.0% |
| Capital | 10 | €2,736,177 | €2,736,177 | = | 0.0% |
| Issued capital | 100 | €2,736,177 | €2,736,177 | = | 0.0% |
| Revaluation surpluses | 12 | €3,709,032 | €3,633,145 | -€75,888 | -2.0% |
| Reserves | 13 | €641,080 | €644,275 | +€3,195 | +0.5% |
| Non-distributable reserves | 130/1 | €224,162 | €224,162 | = | 0.0% |
| Legal reserve | 130 | €179,070 | €179,070 | = | 0.0% |
| Other | 1319 | €45,092 | €45,092 | = | 0.0% |
| Tax-exempt reserves | 132 | €416,918 | €404,609 | -€12,310 | -3.0% |
| Distributable reserves | 133 | - | €15,505 | +€15,505 | |
| Provisions and deferred taxes | 16 | €62,551 | €56,210 | -€6,341 | -10.1% |
| Deferred taxes | 168 | €62,551 | €56,210 | -€6,341 | -10.1% |
| Amounts payable | 17/49 | €48,543 | €1,533,771 | +€1.5m | +3,060% |
| Amounts payable after more than one year | 17 | €44,250 | €1,524,250 | +€1.5m | +3,345% |
| Financial debts | 170/4 | - | €1,480,000 | +€1.5m | |
| Other amounts payable | 178/9 | €44,250 | €44,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,293 | €8,384 | +€4,091 | +95.3% |
| Trade debts | 44 | €4,293 | €8,384 | +€4,091 | +95.3% |
| Suppliers | 440/4 | €4,293 | €8,384 | +€4,091 | +95.3% |
| Accrued charges and deferred income | 492/3 | - | €1,137 | +€1,137 | |
| Non-recurring operating income | 76A | €4,800 | - | -€4,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,924 | €201,924 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,279 | €2,666 | +€387 | +17.0% |
| Gross operating margin | 9900 | €76,786 | €84,164 | +€7,377 | +9.6% |
| Operating profit (loss) | 9901 | -€127,416 | -€120,426 | +€6,990 | +5.5% |
| Financial income | 75/76B | €50,560 | €43,655 | -€6,905 | -13.7% |
| Recurring financial income | 75 | €50,560 | €43,655 | -€6,905 | -13.7% |
| Financial charges | 65/66B | €53 | €2,263 | +€2,211 | +4,211% |
| Recurring financial charges | 65 | €53 | €2,263 | +€2,211 | +4,211% |
| Profit (loss) for the period before taxes | 9903 | -€76,909 | -€79,034 | -€2,125 | -2.8% |
| Transfer from deferred taxes | 780 | €6,341 | €6,341 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€70,567 | -€72,693 | -€2,125 | -3.0% |
| Transfer from tax-exempt reserves | 789 | €12,310 | €12,310 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,258 | -€60,383 | -€2,125 | -3.6% |
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 20 October 2026 via checked.be.