Immo Terroir: 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 Terroir
Largest movements
- Receivables within one year +€17,871
up €17,871 (+5.8%), from €308,926 to €326,797
of which Other amounts receivable: +€124,483
- Tangible fixed assets +€13,965
up €13,965 (+2.7%), from €521,168 to €535,133
of which Land and buildings: +€15,105
- Trade debts +€20,737
up €20,737 (+113%), from €18,280 to €39,016
- Profit (loss) carried forward +€17,587
up €17,587 (+14.9%), from -€118,316 to -€100,729
- Gross operating margin -€26,406
down €26,406 (-28.6%), from €92,278 to €65,872
- Financial charges -€3,062
down €3,062 (-9.3%), from €32,754 to €29,692
- Other operating charges -€1,996
down €1,996 (-38.5%), from €5,183 to €3,186
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 | €851,751 | €879,446 | +€27,695 | +3.3% |
| Fixed assets | 21/28 | €521,168 | €535,133 | +€13,965 | +2.7% |
| Tangible fixed assets | 22/27 | €521,168 | €535,133 | +€13,965 | +2.7% |
| Land and buildings | 22 | €519,603 | €534,708 | +€15,105 | +2.9% |
| Plant, machinery and equipment | 23 | €1,565 | €425 | -€1,140 | -72.8% |
| Current assets | 29/58 | €330,583 | €344,313 | +€13,730 | +4.2% |
| Amounts receivable within one year | 40/41 | €308,926 | €326,797 | +€17,871 | +5.8% |
| Trade receivables | 40 | €117,849 | €11,237 | -€106,613 | -90.5% |
| Other amounts receivable | 41 | €191,077 | €315,560 | +€124,483 | +65.1% |
| Cash at bank and in hand | 54/58 | €21,657 | €17,296 | -€4,361 | -20.1% |
| Deferred charges and accrued income | 490/1 | €0 | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €851,751 | €879,446 | +€27,695 | +3.3% |
| Equity | 10/15 | €213,986 | €227,351 | +€13,365 | +6.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €270,302 | €266,080 | -€4,222 | -1.6% |
| Non-distributable reserves | 130/1 | €5,165 | €5,165 | = | 0.0% |
| Legal reserve | 130 | €5,165 | €5,165 | = | 0.0% |
| Tax-exempt reserves | 132 | €252,407 | €248,185 | -€4,222 | -1.7% |
| Distributable reserves | 133 | €12,730 | €12,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,316 | -€100,729 | +€17,587 | +14.9% |
| Provisions and deferred taxes | 16 | €84,135 | €82,728 | -€1,407 | -1.7% |
| Deferred taxes | 168 | €84,135 | €82,728 | -€1,407 | -1.7% |
| Amounts payable | 17/49 | €553,630 | €569,366 | +€15,737 | +2.8% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €198,530 | €219,016 | +€20,487 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €180,000 | €180,000 | = | 0.0% |
| Trade debts | 44 | €18,280 | €39,016 | +€20,737 | +113% |
| Suppliers | 440/4 | €18,280 | €39,016 | +€20,737 | +113% |
| Other amounts payable | 47/48 | €250 | €0 | -€250 | -100% |
| Accrued charges and deferred income | 492/3 | €5,100 | €350 | -€4,750 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,611 | €21,035 | +€424 | +2.1% |
| Other operating charges | 640/8 | €5,183 | €3,186 | -€1,996 | -38.5% |
| Gross operating margin | 9900 | €92,278 | €65,872 | -€26,406 | -28.6% |
| Operating profit (loss) | 9901 | €66,484 | €41,651 | -€24,834 | -37.4% |
| Financial charges | 65/66B | €32,754 | €29,692 | -€3,062 | -9.3% |
| Recurring financial charges | 65 | €32,754 | €29,692 | -€3,062 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €33,730 | €11,958 | -€21,772 | -64.5% |
| Transfer from deferred taxes | 780 | €1,407 | €1,407 | = | 0.0% |
| Profit (loss) for the period | 9904 | €35,137 | €13,365 | -€21,772 | -62.0% |
| Transfer from tax-exempt reserves | 789 | €4,222 | €4,222 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,359 | €17,587 | -€21,772 | -55.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.