IMMO THIELS 2: what changed
Two fiscal 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 THIELS 2
Largest movements
- Cash +€460
up €460 (+1386.6%), from €33 to €493
mainly Other debts (+€5,079)
- Other debts +€5,079
up €5,079 (+75.8%), from €6,700 to €11,779
- Profit (loss) carried forward -€4,164
down €4,164 (-19.2%), from -€21,723 to -€25,887
- Trade debts -€456
down €456 (-21.6%), from €2,111 to €1,656
- Gross operating margin -€1,071
down €1,071 (-35.7%), from -€3,004 to -€4,076
- Financial charges +€49
up €49 (+126.9%), from €39 to €88
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 | €36,104 | €36,564 | +€460 | +1.3% |
| Fixed assets | 21/28 | €36,071 | €36,071 | = | 0.0% |
| Tangible fixed assets | 22/27 | €36,071 | €36,071 | = | 0.0% |
| Land and buildings | 22 | €36,071 | €36,071 | = | 0.0% |
| Current assets | 29/58 | €33 | €493 | +€460 | +1386.6% |
| Cash at bank and in hand | 54/58 | €33 | €493 | +€460 | +1386.6% |
| Total equity and liabilities | 10/49 | €36,104 | €36,564 | +€460 | +1.3% |
| Equity | 10/15 | €27,293 | €23,129 | -€4,164 | -15.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,016 | €47,016 | = | 0.0% |
| Distributable reserves | 133 | €47,016 | €47,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,723 | -€25,887 | -€4,164 | -19.2% |
| Amounts payable | 17/49 | €8,811 | €13,435 | +€4,624 | +52.5% |
| Amounts payable within one year | 42/48 | €8,811 | €13,435 | +€4,624 | +52.5% |
| Trade debts | 44 | €2,111 | €1,656 | -€456 | -21.6% |
| Suppliers | 440/4 | €2,111 | €1,656 | -€456 | -21.6% |
| Other amounts payable | 47/48 | €6,700 | €11,779 | +€5,079 | +75.8% |
| Other operating charges | 640/8 | €27 | - | -€27 | |
| Gross operating margin | 9900 | -€3,004 | -€4,076 | -€1,071 | -35.7% |
| Operating profit (loss) | 9901 | -€3,031 | -€4,076 | -€1,045 | -34.5% |
| Financial charges | 65/66B | €39 | €88 | +€49 | +126.9% |
| Recurring financial charges | 65 | €39 | €88 | +€49 | +126.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,070 | -€4,164 | -€1,094 | -35.6% |
| Profit (loss) for the period | 9904 | -€3,070 | -€4,164 | -€1,094 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,070 | -€4,164 | -€1,094 | -35.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.