IMMO ST PAUL: 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 ST PAUL
Largest movements
- Tangible fixed assets -€81,943
down €81,943 (-6.8%), from €1.2m to €1.1m
of which Land and buildings: -€81,840
- Debts after one year -€55,473
down €55,473 (-6.0%), from €925,873 to €870,401
of which Financial debts: -€55,473
- Profit (loss) carried forward -€14,088
down €14,088 (-2.2%), from -€639,989 to -€654,077
- Gross operating margin -€6,635
down €6,635 (-6.4%), from €104,283 to €97,648
- Financial charges -€1,972
down €1,972 (-7.7%), from €25,632 to €23,660
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 | €1,208,660 | €1,123,444 | -€85,216 | -7.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,203,255 | €1,121,311 | -€81,943 | -6.8% |
| Tangible fixed assets | 22/27 | €1,203,255 | €1,121,311 | -€81,943 | -6.8% |
| Land and buildings | 22 | €1,191,134 | €1,109,294 | -€81,840 | -6.9% |
| Plant, machinery and equipment | 23 | €12,120 | €10,842 | -€1,278 | -10.5% |
| Furniture and vehicles | 24 | - | €1,175 | +€1,175 | |
| Current assets | 29/58 | €5,405 | €2,133 | -€3,272 | -60.5% |
| Cash at bank and in hand | 54/58 | €5,405 | €2,133 | -€3,272 | -60.5% |
| Total equity and liabilities | 10/49 | €1,208,660 | €1,123,444 | -€85,216 | -7.1% |
| Equity | 10/15 | €66,706 | €52,618 | -€14,088 | -21.1% |
| Contributions | 10/11 | €706,695 | €706,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€639,989 | -€654,077 | -€14,088 | -2.2% |
| Amounts payable | 17/49 | €1,141,954 | €1,070,827 | -€71,128 | -6.2% |
| Amounts payable after more than one year | 17 | €925,873 | €870,401 | -€55,473 | -6.0% |
| Financial debts | 170/4 | €825,873 | €770,401 | -€55,473 | -6.7% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €211,809 | €196,656 | -€15,153 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €42,331 | €43,890 | +€1,559 | +3.7% |
| Trade debts | 44 | €3,968 | - | -€3,968 | |
| Suppliers | 440/4 | €3,968 | - | -€3,968 | |
| Taxes, remuneration and social security | 45 | €8,589 | €6,755 | -€1,834 | -21.4% |
| Taxes | 450/3 | €8,589 | €6,755 | -€1,834 | -21.4% |
| Other amounts payable | 47/48 | €156,920 | €146,010 | -€10,910 | -7.0% |
| Accrued charges and deferred income | 492/3 | €4,272 | €3,770 | -€502 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,694 | €83,595 | -€99 | -0.1% |
| Other operating charges | 640/8 | €4,345 | €4,481 | +€136 | +3.1% |
| Gross operating margin | 9900 | €104,283 | €97,648 | -€6,635 | -6.4% |
| Operating profit (loss) | 9901 | €16,243 | €9,572 | -€6,671 | -41.1% |
| Financial charges | 65/66B | €25,632 | €23,660 | -€1,972 | -7.7% |
| Recurring financial charges | 65 | €25,632 | €23,660 | -€1,972 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,389 | -€14,088 | -€4,699 | -50.0% |
| Profit (loss) for the period | 9904 | -€9,389 | -€14,088 | -€4,699 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,389 | -€14,088 | -€4,699 | -50.0% |
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.