IMMO-TER-STREEP: 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-TER-STREEP
Largest movements
- Cash -€86,552
down €86,552 (-30.4%), from €285,153 to €198,601
mainly Other debts (-€67,609) and Debts after one year (-€21,712)
- Tangible fixed assets -€9,678
down €9,678 (-2.0%), from €480,262 to €470,583
of which Land and buildings: -€9,128
- Other debts -€67,609
down €67,609 (-23.8%), from €283,917 to €216,308
- Debts after one year -€21,712
down €21,712 (-4.5%), from €480,406 to €458,693
- Trade debts -€14,133
down €14,133 (-54.1%), from €26,138 to €12,005
- Profit (loss) carried forward +€10,479
up €10,479 (+13.5%), from -€77,605 to -€67,126
- Advances received -€9,820
down €9,820 (-12.7%), from €77,625 to €67,805
- Gross operating margin +€74,559
up €74,559 (+66.3%), from €112,526 to €187,085
- Depreciation -€24,984
down €24,984 (-70.5%), from €35,461 to €10,477
- Staff costs +€13,109
up €13,109 (+11.4%), from €115,415 to €128,524
- Other operating charges -€4,330
down €4,330 (-22.2%), from €19,502 to €15,173
- Financial charges +€2,712
up €2,712 (+13.6%), from €19,903 to €22,615
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 | €966,451 | €865,283 | -€101,169 | -10.5% |
| Fixed assets | 21/28 | €480,262 | €470,583 | -€9,678 | -2.0% |
| Tangible fixed assets | 22/27 | €480,262 | €470,583 | -€9,678 | -2.0% |
| Land and buildings | 22 | €478,760 | €469,632 | -€9,128 | -1.9% |
| Plant, machinery and equipment | 23 | €1,430 | €952 | -€478 | -33.4% |
| Other tangible fixed assets | 26 | €72 | €0 | -€72 | -100.0% |
| Current assets | 29/58 | €486,190 | €394,699 | -€91,491 | -18.8% |
| Amounts receivable within one year | 40/41 | €196,849 | €191,830 | -€5,019 | -2.5% |
| Trade receivables | 40 | €42,612 | €8,207 | -€34,405 | -80.7% |
| Other amounts receivable | 41 | €154,238 | €183,623 | +€29,386 | +19.1% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €285,153 | €198,601 | -€86,552 | -30.4% |
| Deferred charges and accrued income | 490/1 | €4,187 | €4,267 | +€80 | +1.9% |
| Total equity and liabilities | 10/49 | €966,451 | €865,283 | -€101,169 | -10.5% |
| Equity | 10/15 | €64,249 | €74,728 | +€10,479 | +16.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €123,304 | €123,304 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €104,554 | €104,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,605 | -€67,126 | +€10,479 | +13.5% |
| Amounts payable | 17/49 | €902,202 | €790,554 | -€111,648 | -12.4% |
| Amounts payable after more than one year | 17 | €480,406 | €458,693 | -€21,712 | -4.5% |
| Financial debts | 170/4 | €480,406 | €458,693 | -€21,712 | -4.5% |
| Amounts payable within one year | 42/48 | €421,796 | €328,585 | -€93,212 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €16,641 | €18,020 | +€1,378 | +8.3% |
| Trade debts | 44 | €26,138 | €12,005 | -€14,133 | -54.1% |
| Suppliers | 440/4 | €26,138 | €12,005 | -€14,133 | -54.1% |
| Advances received on contracts in progress | 46 | €77,625 | €67,805 | -€9,820 | -12.7% |
| Taxes, remuneration and social security | 45 | €17,476 | €14,447 | -€3,028 | -17.3% |
| Taxes | 450/3 | €3,618 | €3,783 | +€165 | +4.6% |
| Remuneration and social security | 454/9 | €13,857 | €10,664 | -€3,193 | -23.0% |
| Other amounts payable | 47/48 | €283,917 | €216,308 | -€67,609 | -23.8% |
| Accrued charges and deferred income | 492/3 | - | €3,277 | +€3,277 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €115,415 | €128,524 | +€13,109 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,461 | €10,477 | -€24,984 | -70.5% |
| Other operating charges | 640/8 | €19,502 | €15,173 | -€4,330 | -22.2% |
| Gross operating margin | 9900 | €112,526 | €187,085 | +€74,559 | +66.3% |
| Operating profit (loss) | 9901 | -€57,852 | €32,912 | +€90,764 | |
| Financial income | 75/76B | €1 | €358 | +€357 | +35659.0% |
| Recurring financial income | 75 | €1 | €358 | +€357 | +35659.0% |
| Financial charges | 65/66B | €19,903 | €22,615 | +€2,712 | +13.6% |
| Recurring financial charges | 65 | €19,903 | €22,615 | +€2,712 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€77,754 | €10,655 | +€88,408 | |
| Income taxes | 67/77 | €160 | €176 | +€16 | +10.1% |
| Profit (loss) for the period | 9904 | -€77,914 | €10,479 | +€88,392 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,914 | €10,479 | +€88,392 |
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 10 October 2026 via checked.be.