IMMO SOUVERAIN: 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 SOUVERAIN
Largest movements
- Cash -€44,566
down €44,566 (-9.2%), from €485,412 to €440,846
mainly Debts after one year (-€39,951) and Trade debts (-€34,335)
- Profit (loss) carried forward +€43,932
up €43,932 (+16.4%), from €267,645 to €311,577
- Debts after one year -€39,951
down €39,951 (-13.8%), from €289,089 to €249,138
- Trade debts -€34,335
down €34,335 (-46.5%), from €73,879 to €39,544
- Current portion of long-term debt -€31,272
down €31,272 (-6.4%), from €487,171 to €455,899
- Gross operating margin +€57,635
up €57,635 (+39.9%), from €144,270 to €201,905
- Taxes +€13,748
up €13,748 (+373%), from €3,687 to €17,435
- Depreciation -€3,038
down €3,038 (-8.8%), from €34,685 to €31,647
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
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 | €1,187,578 | €1,136,458 | -€51,120 | -4.3% |
| Fixed assets | 21/28 | €494,560 | €487,232 | -€7,328 | -1.5% |
| Tangible fixed assets | 22/27 | €493,885 | €486,557 | -€7,328 | -1.5% |
| Land and buildings | 22 | €480,560 | €475,332 | -€5,228 | -1.1% |
| Plant, machinery and equipment | 23 | €7,476 | €7,025 | -€451 | -6.0% |
| Furniture and vehicles | 24 | €5,849 | €4,200 | -€1,649 | -28.2% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €693,018 | €649,226 | -€43,792 | -6.3% |
| Amounts receivable within one year | 40/41 | €207,606 | €208,380 | +€774 | +0.4% |
| Trade receivables | 40 | €207,606 | €207,281 | -€325 | -0.2% |
| Other amounts receivable | 41 | - | €1,099 | +€1,099 | |
| Cash at bank and in hand | 54/58 | €485,412 | €440,846 | -€44,566 | -9.2% |
| Total equity and liabilities | 10/49 | €1,187,578 | €1,136,458 | -€51,120 | -4.3% |
| Equity | 10/15 | €288,096 | €332,028 | +€43,932 | +15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €267,645 | €311,577 | +€43,932 | +16.4% |
| Amounts payable | 17/49 | €899,482 | €804,430 | -€95,052 | -10.6% |
| Amounts payable after more than one year | 17 | €289,089 | €249,138 | -€39,951 | -13.8% |
| Financial debts | 170/4 | €289,089 | €249,138 | -€39,951 | -13.8% |
| Amounts payable within one year | 42/48 | €610,393 | €555,292 | -€55,101 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €487,171 | €455,899 | -€31,272 | -6.4% |
| Trade debts | 44 | €73,879 | €39,544 | -€34,335 | -46.5% |
| Suppliers | 440/4 | €73,879 | €39,544 | -€34,335 | -46.5% |
| Taxes, remuneration and social security | 45 | €49,343 | €59,849 | +€10,506 | +21.3% |
| Taxes | 450/3 | €42,113 | €49,959 | +€7,846 | +18.6% |
| Remuneration and social security | 454/9 | €7,230 | €9,890 | +€2,660 | +36.8% |
| Non-recurring operating income | 76A | €14,800 | - | -€14,800 | |
| Remuneration, social security and pensions | 62 | €94,203 | €96,087 | +€1,884 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,685 | €31,647 | -€3,038 | -8.8% |
| Other operating charges | 640/8 | €535 | €1,978 | +€1,443 | +270% |
| Gross operating margin | 9900 | €144,270 | €201,905 | +€57,635 | +39.9% |
| Operating profit (loss) | 9901 | €14,847 | €72,193 | +€57,346 | +386% |
| Financial income | 75/76B | €6 | €227 | +€221 | +3,683% |
| Recurring financial income | 75 | €6 | €227 | +€221 | +3,683% |
| Financial charges | 65/66B | €10,919 | €11,053 | +€134 | +1.2% |
| Recurring financial charges | 65 | €10,919 | €11,053 | +€134 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €3,934 | €61,367 | +€57,433 | +1,460% |
| Income taxes | 67/77 | €3,687 | €17,435 | +€13,748 | +373% |
| Profit (loss) for the period | 9904 | €247 | €43,932 | +€43,685 | +17,686% |
| Profit (loss) for the period to be appropriated | 9905 | €247 | €43,932 | +€43,685 | +17,686% |
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.