IMMO TERRY: 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 TERRY
Largest movements
- Cash -€199,259
down €199,259 (-95.4%), from €208,804 to €9,545
mainly Investment in fixed assets (net) (-€105,625) and Receivables after one year (-€100,000)
- Receivables after one year +€100,000
up €100,000 (+46.9%), from €213,045 to €313,045
- Tangible fixed assets +€73,222
up €73,222 (+2.9%), from €2.5m to €2.6m
of which Land and buildings: +€2.1m
- Receivables within one year +€69,961
up €69,961 (+33.5%), from €208,560 to €278,522
of which Trade receivables: +€66,151
- Other debts +€211,141
up €211,141 (+8.8%), from €2.4m to €2.6m
- Profit (loss) carried forward -€74,230
down €74,230 (-7.6%), from €975,621 to €901,391
- Debts after one year -€62,561
down €62,561 (-8.1%), from €775,026 to €712,465
- Gross operating margin -€164,559
down €164,559 (-75.8%), from €217,071 to €52,512
- Depreciation +€32,403
new in 2025: €32,403
- Taxes -€22,759
no longer reported in 2025 (was €22,759)
- Financial charges +€20,425
up €20,425 (+54.7%), from €37,331 to €57,756
- Other operating charges +€8,524
up €8,524 (+180%), from €4,732 to €13,256
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 | €4,296,194 | €4,360,508 | +€64,314 | +1.5% |
| Fixed assets | 21/28 | €2,489,514 | €2,562,736 | +€73,222 | +2.9% |
| Tangible fixed assets | 22/27 | €2,489,514 | €2,562,736 | +€73,222 | +2.9% |
| Land and buildings | 22 | €450,000 | €2,558,736 | +€2.1m | +469% |
| Other tangible fixed assets | 26 | €4,000 | €4,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €2,035,514 | - | -€2.0m | |
| Current assets | 29/58 | €1,806,680 | €1,797,772 | -€8,908 | -0.5% |
| Amounts receivable after more than one year | 29 | €213,045 | €313,045 | +€100,000 | +46.9% |
| Other amounts receivable | 291 | €213,045 | €313,045 | +€100,000 | +46.9% |
| Stocks and contracts in progress | 3 | €1,175,000 | €1,175,000 | = | 0.0% |
| Stocks | 30/36 | €1,175,000 | €1,175,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €208,560 | €278,522 | +€69,961 | +33.5% |
| Trade receivables | 40 | €14,924 | €81,075 | +€66,151 | +443% |
| Other amounts receivable | 41 | €193,636 | €197,447 | +€3,811 | +2.0% |
| Cash at bank and in hand | 54/58 | €208,804 | €9,545 | -€199,259 | -95.4% |
| Deferred charges and accrued income | 490/1 | €1,270 | €21,660 | +€20,390 | +1,605% |
| Total equity and liabilities | 10/49 | €4,296,194 | €4,360,508 | +€64,314 | +1.5% |
| Equity | 10/15 | €983,681 | €909,451 | -€74,230 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €975,621 | €901,391 | -€74,230 | -7.6% |
| Amounts payable | 17/49 | €3,312,513 | €3,451,057 | +€138,543 | +4.2% |
| Amounts payable after more than one year | 17 | €775,026 | €712,465 | -€62,561 | -8.1% |
| Financial debts | 170/4 | €775,026 | €712,465 | -€62,561 | -8.1% |
| Amounts payable within one year | 42/48 | €2,537,488 | €2,733,663 | +€196,175 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €66,678 | €66,678 | = | 0.0% |
| Trade debts | 44 | €55,297 | €59,681 | +€4,384 | +7.9% |
| Suppliers | 440/4 | €55,297 | €59,681 | +€4,384 | +7.9% |
| Taxes, remuneration and social security | 45 | €22,759 | €3,409 | -€19,350 | -85.0% |
| Taxes | 450/3 | €22,759 | €3,409 | -€19,350 | -85.0% |
| Other amounts payable | 47/48 | €2,392,754 | €2,603,895 | +€211,141 | +8.8% |
| Accrued charges and deferred income | 492/3 | - | €4,929 | +€4,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €32,403 | +€32,403 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,810 | €29,470 | -€4,340 | -12.8% |
| Other operating charges | 640/8 | €4,732 | €13,256 | +€8,524 | +180% |
| Gross operating margin | 9900 | €217,071 | €52,512 | -€164,559 | -75.8% |
| Operating profit (loss) | 9901 | €178,529 | -€22,617 | -€201,146 | |
| Financial income | 75/76B | €5,571 | €6,144 | +€573 | +10.3% |
| Recurring financial income | 75 | €5,571 | €6,144 | +€573 | +10.3% |
| Financial charges | 65/66B | €37,331 | €57,756 | +€20,425 | +54.7% |
| Recurring financial charges | 65 | €37,331 | €57,756 | +€20,425 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €146,768 | -€74,230 | -€220,998 | |
| Income taxes | 67/77 | €22,759 | - | -€22,759 | |
| Profit (loss) for the period | 9904 | €124,009 | -€74,230 | -€198,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €124,009 | -€74,230 | -€198,239 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.