Immo-Stevens: what changed
Two fiscal 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-Stevens
Largest movements
- Cash +€43,545
up €43,545 (+23.6%), from €184,692 to €228,237
mainly Depreciation (+€42,238) and Receivables within one year (+€5,092)
- Tangible fixed assets -€42,238
down €42,238 (-16.3%), from €259,343 to €217,105
- Receivables within one year -€5,092
down €5,092 (-26.2%), from €19,461 to €14,369
of which Trade receivables: -€2,728
- Profit (loss) carried forward -€6,316
down €6,316 (-3.4%), from -€186,389 to -€192,706
- Gross operating margin -€12,716
down €12,716 (-13.7%), from €92,529 to €79,813
- Other operating charges +€1,102
up €1,102 (+3.1%), from €35,092 to €36,194
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 | €463,496 | €459,711 | -€3,785 | -0.8% |
| Fixed assets | 21/28 | €259,343 | €217,105 | -€42,238 | -16.3% |
| Tangible fixed assets | 22/27 | €259,343 | €217,105 | -€42,238 | -16.3% |
| Land and buildings | 22 | €259,343 | €217,105 | -€42,238 | -16.3% |
| Current assets | 29/58 | €204,153 | €242,607 | +€38,454 | +18.8% |
| Amounts receivable within one year | 40/41 | €19,461 | €14,369 | -€5,092 | -26.2% |
| Trade receivables | 40 | €16,228 | €13,500 | -€2,728 | -16.8% |
| Other amounts receivable | 41 | €3,233 | €869 | -€2,364 | -73.1% |
| Cash at bank and in hand | 54/58 | €184,692 | €228,237 | +€43,545 | +23.6% |
| Total equity and liabilities | 10/49 | €463,496 | €459,711 | -€3,785 | -0.8% |
| Equity | 10/15 | -€13,405 | -€19,722 | -€6,316 | -47.1% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €42,984 | €42,984 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,693 | €15,693 | = | 0.0% |
| Legal reserve | 130 | €15,693 | €15,693 | = | 0.0% |
| Distributable reserves | 133 | €27,290 | €27,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,389 | -€192,706 | -€6,316 | -3.4% |
| Amounts payable | 17/49 | €476,901 | €479,433 | +€2,532 | +0.5% |
| Amounts payable within one year | 42/48 | €476,901 | €479,433 | +€2,532 | +0.5% |
| Trade debts | 44 | €0 | €726 | +€726 | |
| Suppliers | 440/4 | €0 | €726 | +€726 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €476,901 | €478,707 | +€1,806 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,238 | €42,238 | = | 0.0% |
| Other operating charges | 640/8 | €35,092 | €36,194 | +€1,102 | +3.1% |
| Non-recurring operating charges | 66A | €14,711 | €5,648 | -€9,062 | -61.6% |
| Gross operating margin | 9900 | €92,529 | €79,813 | -€12,716 | -13.7% |
| Operating profit (loss) | 9901 | €487 | -€4,268 | -€4,756 | |
| Financial income | 75/76B | €982 | €83 | -€899 | -91.6% |
| Recurring financial income | 75 | €982 | €83 | -€899 | -91.6% |
| Financial charges | 65/66B | €1,996 | €2,131 | +€135 | +6.7% |
| Recurring financial charges | 65 | €1,996 | €2,131 | +€135 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€527 | -€6,316 | -€5,789 | -1098.5% |
| Profit (loss) for the period | 9904 | -€527 | -€6,316 | -€5,789 | -1098.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€527 | -€6,316 | -€5,789 | -1098.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.