IMMO TELEGRAPHE: 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 TELEGRAPHE
Largest movements
- Tangible fixed assets -€8,608
down €8,608 (-4.3%), from €198,285 to €189,677
- Deferred charges and accrued income +€3,671
up €3,671 (+262%), from €1,400 to €5,071
- Debts after one year -€17,228
down €17,228 (-12.4%), from €139,038 to €121,809
- Tax, wage and social debts +€6,847
up €6,847 (+95.3%), from €7,185 to €14,032
- Profit (loss) carried forward +€6,809
up €6,809 (+23.5%), from €29,001 to €35,810
- Gross operating margin -€1,195
down €1,195 (-3.0%), from €39,898 to €38,703
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 | €211,744 | €207,080 | -€4,664 | -2.2% |
| Fixed assets | 21/28 | €198,285 | €189,677 | -€8,608 | -4.3% |
| Tangible fixed assets | 22/27 | €198,285 | €189,677 | -€8,608 | -4.3% |
| Land and buildings | 22 | €198,285 | €189,677 | -€8,608 | -4.3% |
| Current assets | 29/58 | €13,459 | €17,403 | +€3,944 | +29.3% |
| Amounts receivable within one year | 40/41 | - | €140 | +€140 | |
| Other amounts receivable | 41 | - | €140 | +€140 | |
| Cash at bank and in hand | 54/58 | €12,059 | €12,192 | +€133 | +1.1% |
| Deferred charges and accrued income | 490/1 | €1,400 | €5,071 | +€3,671 | +262% |
| Total equity and liabilities | 10/49 | €211,744 | €207,080 | -€4,664 | -2.2% |
| Equity | 10/15 | €35,201 | €42,010 | +€6,809 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,001 | €35,810 | +€6,809 | +23.5% |
| Amounts payable | 17/49 | €176,543 | €165,070 | -€11,473 | -6.5% |
| Amounts payable after more than one year | 17 | €139,038 | €121,809 | -€17,228 | -12.4% |
| Financial debts | 170/4 | €139,038 | €121,809 | -€17,228 | -12.4% |
| Amounts payable within one year | 42/48 | €37,505 | €43,261 | +€5,756 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €17,025 | €17,228 | +€204 | +1.2% |
| Trade debts | 44 | €1,295 | €0 | -€1,295 | -100% |
| Suppliers | 440/4 | €1,295 | €0 | -€1,295 | -100% |
| Taxes, remuneration and social security | 45 | €7,185 | €14,032 | +€6,847 | +95.3% |
| Taxes | 450/3 | €7,185 | €14,032 | +€6,847 | +95.3% |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,608 | €8,608 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,845 | €2,538 | -€307 | -10.8% |
| Gross operating margin | 9900 | €39,898 | €38,703 | -€1,195 | -3.0% |
| Operating profit (loss) | 9901 | €28,445 | €27,557 | -€888 | -3.1% |
| Financial charges | 65/66B | €2,077 | €1,901 | -€176 | -8.5% |
| Recurring financial charges | 65 | €2,077 | €1,901 | -€176 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €26,368 | €25,656 | -€712 | -2.7% |
| Income taxes | 67/77 | €7,185 | €6,847 | -€338 | -4.7% |
| Profit (loss) for the period | 9904 | €19,183 | €18,809 | -€374 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,183 | €18,809 | -€374 | -1.9% |
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.