IMMO STRADIM: 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 STRADIM
Largest movements
- Tangible fixed assets -€1.2m
down €1.2m (-16.5%), from €7.3m to €6.1m
of which Land and buildings: -€1.2m
- Receivables after one year +€161,373
up €161,373 (+32.9%), from €490,615 to €651,988
of which Other amounts receivable: +€161,373
- Receivables within one year +€152,933
up €152,933 (+289%), from €52,955 to €205,888
of which Other amounts receivable: +€157,967
- Current portion of long-term debt -€960,465
down €960,465 (-25.9%), from €3.7m to €2.7m
- Debts after one year -€187,639
down €187,639 (-99.8%), from €187,984 to €345
of which Financial debts: -€187,639
- Reserves +€167,678
up €167,678 (+11.9%), from €1.4m to €1.6m
of which Tax-exempt reserves: +€167,678
- Profit (loss) carried forward +€97,099
up €97,099 (+4.5%), from €2.2m to €2.2m
- Financial income +€187,019
up €187,019 (+538,961%), from €35 to €187,054
of which Non-recurring financial income: +€187,054
- Taxes -€121,251
down €121,251 (-64.6%), from €187,742 to €66,491
- Financial charges -€80,204
down €80,204 (-37.2%), from €215,337 to €135,133
- Gross operating margin -€41,909
down €41,909 (-5.9%), from €710,728 to €668,819
- Other operating charges +€17,630
up €17,630 (+24.3%), from €72,446 to €90,076
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 | €7,988,463 | €7,087,403 | -€901,060 | -11.3% |
| Formation expenses | 20 | €44,196 | €44,196 | = | 0.0% |
| Fixed assets | 21/28 | €7,341,584 | €6,131,536 | -€1.2m | -16.5% |
| Tangible fixed assets | 22/27 | €7,341,584 | €6,131,536 | -€1.2m | -16.5% |
| Land and buildings | 22 | €6,776,517 | €5,557,192 | -€1.2m | -18.0% |
| Plant, machinery and equipment | 23 | €565,068 | €574,344 | +€9,276 | +1.6% |
| Current assets | 29/58 | €602,683 | €911,672 | +€308,989 | +51.3% |
| Amounts receivable after more than one year | 29 | €490,615 | €651,988 | +€161,373 | +32.9% |
| Trade receivables | 290 | €211,615 | €211,615 | = | 0.0% |
| Other amounts receivable | 291 | €279,000 | €440,373 | +€161,373 | +57.8% |
| Amounts receivable within one year | 40/41 | €52,955 | €205,888 | +€152,933 | +289% |
| Trade receivables | 40 | €18,922 | €13,888 | -€5,034 | -26.6% |
| Other amounts receivable | 41 | €34,033 | €192,000 | +€157,967 | +464% |
| Cash at bank and in hand | 54/58 | €53,294 | €48,051 | -€5,244 | -9.8% |
| Deferred charges and accrued income | 490/1 | €5,818 | €5,745 | -€73 | -1.2% |
| Total equity and liabilities | 10/49 | €7,988,463 | €7,087,403 | -€901,060 | -11.3% |
| Equity | 10/15 | €3,674,550 | €3,939,327 | +€264,777 | +7.2% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €1,412,216 | €1,579,894 | +€167,678 | +11.9% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,168,060 | €1,335,738 | +€167,678 | +14.4% |
| Distributable reserves | 133 | €233,000 | €233,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,150,782 | €2,247,882 | +€97,099 | +4.5% |
| Provisions and deferred taxes | 16 | €289,869 | €325,896 | +€36,027 | +12.4% |
| Deferred taxes | 168 | €289,869 | €325,896 | +€36,027 | +12.4% |
| Amounts payable | 17/49 | €4,024,044 | €2,822,180 | -€1.2m | -29.9% |
| Amounts payable after more than one year | 17 | €187,984 | €345 | -€187,639 | -99.8% |
| Financial debts | 170/4 | €187,639 | - | -€187,639 | |
| Other amounts payable | 178/9 | €345 | €345 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,764,915 | €2,757,222 | -€1.0m | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €3,702,490 | €2,742,024 | -€960,465 | -25.9% |
| Trade debts | 44 | €2,395 | €3,324 | +€929 | +38.8% |
| Suppliers | 440/4 | €2,395 | €3,324 | +€929 | +38.8% |
| Taxes, remuneration and social security | 45 | €60,030 | €11,874 | -€48,156 | -80.2% |
| Taxes | 450/3 | €60,030 | €11,874 | -€48,156 | -80.2% |
| Accrued charges and deferred income | 492/3 | €71,146 | €64,613 | -€6,533 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273,658 | €263,369 | -€10,289 | -3.8% |
| Other operating charges | 640/8 | €72,446 | €90,076 | +€17,630 | +24.3% |
| Gross operating margin | 9900 | €710,728 | €668,819 | -€41,909 | -5.9% |
| Operating profit (loss) | 9901 | €364,624 | €315,373 | -€49,251 | -13.5% |
| Financial income | 75/76B | €35 | €187,054 | +€187,019 | +538,961% |
| Recurring financial income | 75 | €35 | €187,054 | +€187,019 | +538,961% |
| Non-recurring financial income | 76B | - | €187,054 | +€187,054 | |
| Financial charges | 65/66B | €215,337 | €135,133 | -€80,204 | -37.2% |
| Recurring financial charges | 65 | €215,337 | €135,133 | -€80,204 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €149,322 | €367,295 | +€217,973 | +146% |
| Transfer from deferred taxes | 780 | €125,013 | €10,737 | -€114,276 | -91.4% |
| Transfer to deferred taxes | 680 | - | €46,764 | +€46,764 | |
| Income taxes | 67/77 | €187,742 | €66,491 | -€121,251 | -64.6% |
| Profit (loss) for the period | 9904 | €86,593 | €264,777 | +€178,184 | +206% |
| Transfer from tax-exempt reserves | 789 | €474,717 | €17,613 | -€457,104 | -96.3% |
| Transfer to tax-exempt reserves | 689 | €265,230 | €185,291 | -€79,939 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €296,080 | €97,099 | -€198,981 | -67.2% |
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 18 October 2026 via checked.be.