Immo Sterckx: what changed
What changed
Immo Sterckx
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€32,653
2024 · €31,385+€1,268
Equity
€193,547
2024 · €160,894+€32,653
Cash
€72,758
2024 · €94,193-€21,434
Balance sheet total
€360,758
2024 · €406,546-€45,788
Largest movements
Assets
- Tangible fixed assets -€24,000
down €24,000 (-7.7%), from €312,000 to €288,000
- Cash -€21,434
down €21,434 (-22.8%), from €94,193 to €72,758
mainly Debts after one year (-€80,000) and Accrued charges and deferred income (-€1,551)
Equity and liabilities
- Debts after one year -€80,000
down €80,000 (-100%), from €80,000 to €0
- Reserves +€32,653
up €32,653 (+29.4%), from €110,894 to €143,547
Income statement
- Financial charges -€1,587
down €1,587 (-20.6%), from €7,698 to €6,112
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€31,385
Gross operating margin
+€302
Other operating charges
-€29
Financial charges
+€1,587
Taxes
-€592
Result 2025
€32,653
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€58,566
Investment
€0
Financing
-€80,000
Cash 2024
€94,193
From operations (derived)
+€58,566
Net result for the year
+€32,653
Depreciation
+€24,000
Receivables within one year
+€354
Trade debts
+€764
Tax, wage and social debts
+€371
Other debts
+€1,976
Accrued charges and deferred income
-€1,551
Financing
-€80,000
Debts after one year
-€80,000
Cash 2025
€72,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €406,546 | €360,758 | -€45,788 | -11.3% |
| Fixed assets | 21/28 | €312,000 | €288,000 | -€24,000 | -7.7% |
| Tangible fixed assets | 22/27 | €312,000 | €288,000 | -€24,000 | -7.7% |
| Land and buildings | 22 | €312,000 | €288,000 | -€24,000 | -7.7% |
| Current assets | 29/58 | €94,546 | €72,758 | -€21,788 | -23.0% |
| Amounts receivable within one year | 40/41 | €354 | €0 | -€354 | -100% |
| Other amounts receivable | 41 | €354 | €0 | -€354 | -100% |
| Cash at bank and in hand | 54/58 | €94,193 | €72,758 | -€21,434 | -22.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €406,546 | €360,758 | -€45,788 | -11.3% |
| Equity | 10/15 | €160,894 | €193,547 | +€32,653 | +20.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €110,894 | €143,547 | +€32,653 | +29.4% |
| Distributable reserves | 133 | €110,894 | €143,547 | +€32,653 | +29.4% |
| Amounts payable | 17/49 | €245,653 | €167,212 | -€78,441 | -31.9% |
| Amounts payable after more than one year | 17 | €80,000 | €0 | -€80,000 | -100% |
| Financial debts | 170/4 | €80,000 | €0 | -€80,000 | -100% |
| Amounts payable within one year | 42/48 | €158,030 | €161,140 | +€3,110 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €98 | €862 | +€764 | +780% |
| Suppliers | 440/4 | €98 | €862 | +€764 | +780% |
| Taxes, remuneration and social security | 45 | €2,855 | €3,226 | +€371 | +13.0% |
| Taxes | 450/3 | €2,855 | €3,226 | +€371 | +13.0% |
| Other amounts payable | 47/48 | €115,077 | €117,053 | +€1,976 | +1.7% |
| Accrued charges and deferred income | 492/3 | €7,622 | €6,071 | -€1,551 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,000 | €24,000 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €598 | +€29 | +5.0% |
| Gross operating margin | 9900 | €78,299 | €78,600 | +€302 | +0.4% |
| Operating profit (loss) | 9901 | €53,729 | €54,002 | +€273 | +0.5% |
| Financial charges | 65/66B | €7,698 | €6,112 | -€1,587 | -20.6% |
| Recurring financial charges | 65 | €7,698 | €6,112 | -€1,587 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €46,031 | €47,890 | +€1,860 | +4.0% |
| Income taxes | 67/77 | €14,646 | €15,238 | +€592 | +4.0% |
| Profit (loss) for the period | 9904 | €31,385 | €32,653 | +€1,268 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,385 | €32,653 | +€1,268 | +4.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.