IMMO TIPA: 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.
What changed
IMMO TIPA
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,723
2024 · €3,774+€8,949
Equity
€2.2m
2024 · €2.1m+€12,723
Cash
€198,744
2024 · €1,473+€197,271
Balance sheet total
€2.8m
2024 · €2.6m+€248,181
Largest movements
Assets
- Cash +€197,271
up €197,271 (+13392.4%), from €1,473 to €198,744
mainly Other debts (+€274,722) and Receivables within one year (+€42,910)
- Stocks and contracts +€126,000
new in 2025: €126,000
- Receivables within one year -€42,910
down €42,910 (-6.1%), from €705,577 to €662,667
of which Trade receivables: -€33,886
- Tangible fixed assets -€31,062
down €31,062 (-1.7%), from €1.9m to €1.8m
of which Land and buildings: -€29,226
Equity and liabilities
- Other debts +€274,722
up €274,722 (+999.9%), from €27,476 to €302,198
Income statement
- Gross operating margin +€93,347
up €93,347 (+3952.2%), from €2,362 to €95,709
- Provisions +€59,800
no longer reported in 2025 (was -€59,800)
- Other operating charges +€24,041
up €24,041 (+214.2%), from €11,224 to €35,265
- Depreciation +€1,480
up €1,480 (+5.0%), from €29,582 to €31,062
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.
Result 2024
€3,774
Gross operating margin
+€93,347
Depreciation
-€1,480
Provisions
-€59,800
Other operating charges
-€24,041
Financial income
+€556
Financial charges
-€2
Taxes
+€369
Result 2025
€12,723
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.
From operations
+€218,752
Investment
€0
Financing
-€21,481
Cash 2024
€1,473
From operations (derived)
+€218,752
Net result for the year
+€12,723
Depreciation
+€31,062
Stocks and contracts
-€126,000
Receivables within one year
+€42,910
Deferred charges and accrued income
+€1,118
Provisions
-€2,519
Trade debts
-€16,069
Tax, wage and social debts
+€1,279
Other debts
+€274,722
Accrued charges and deferred income
-€474
Financing
-€21,481
Debts after one year
-€22,785
Current portion of long-term debt
+€1,305
Cash 2025
€198,744
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,564,885 | €2,813,066 | +€248,181 | +9.7% |
| Fixed assets | 21/28 | €1,855,961 | €1,824,899 | -€31,062 | -1.7% |
| Tangible fixed assets | 22/27 | €1,855,286 | €1,824,224 | -€31,062 | -1.7% |
| Land and buildings | 22 | €1,840,331 | €1,811,105 | -€29,226 | -1.6% |
| Furniture and vehicles | 24 | €8,842 | €7,006 | -€1,836 | -20.8% |
| Other tangible fixed assets | 26 | €6,113 | €6,113 | = | 0.0% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €708,924 | €988,167 | +€279,243 | +39.4% |
| Stocks and contracts in progress | 3 | - | €126,000 | +€126,000 | |
| Stocks | 30/36 | - | €126,000 | +€126,000 | |
| Amounts receivable within one year | 40/41 | €705,577 | €662,667 | -€42,910 | -6.1% |
| Trade receivables | 40 | €51,915 | €18,028 | -€33,886 | -65.3% |
| Other amounts receivable | 41 | €653,662 | €644,638 | -€9,024 | -1.4% |
| Cash at bank and in hand | 54/58 | €1,473 | €198,744 | +€197,271 | +13392.4% |
| Deferred charges and accrued income | 490/1 | €1,874 | €756 | -€1,118 | -59.7% |
| Total equity and liabilities | 10/49 | €2,564,885 | €2,813,066 | +€248,181 | +9.7% |
| Equity | 10/15 | €2,142,785 | €2,155,508 | +€12,723 | +0.6% |
| 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 | €2,080,785 | €2,093,508 | +€12,723 | +0.6% |
| Non-distributable reserves | 130/1 | €7,802 | €7,802 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €1,602 | €1,602 | = | 0.0% |
| Tax-exempt reserves | 132 | €111,231 | €103,999 | -€7,232 | -6.5% |
| Distributable reserves | 133 | €1,961,752 | €1,981,707 | +€19,955 | +1.0% |
| Provisions and deferred taxes | 16 | €103,135 | €100,616 | -€2,519 | -2.4% |
| Provisions for liabilities and charges | 160/5 | €58,000 | €58,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €58,000 | €58,000 | = | 0.0% |
| Deferred taxes | 168 | €45,135 | €42,616 | -€2,519 | -5.6% |
| Amounts payable | 17/49 | €318,965 | €556,942 | +€237,977 | +74.6% |
| Amounts payable after more than one year | 17 | €219,660 | €196,874 | -€22,785 | -10.4% |
| Financial debts | 170/4 | €219,660 | €196,874 | -€22,785 | -10.4% |
| Amounts payable within one year | 42/48 | €98,831 | €360,067 | +€261,236 | +264.3% |
| Current portion of amounts payable after more than one year | 42 | €21,481 | €22,785 | +€1,305 | +6.1% |
| Trade debts | 44 | €42,041 | €25,972 | -€16,069 | -38.2% |
| Suppliers | 440/4 | €42,041 | €25,972 | -€16,069 | -38.2% |
| Taxes, remuneration and social security | 45 | €7,833 | €9,112 | +€1,279 | +16.3% |
| Taxes | 450/3 | €7,833 | €9,112 | +€1,279 | +16.3% |
| Other amounts payable | 47/48 | €27,476 | €302,198 | +€274,722 | +999.9% |
| Accrued charges and deferred income | 492/3 | €474 | - | -€474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,582 | €31,062 | +€1,480 | +5.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€59,800 | - | +€59,800 | |
| Other operating charges | 640/8 | €11,224 | €35,265 | +€24,041 | +214.2% |
| Gross operating margin | 9900 | €2,362 | €95,709 | +€93,347 | +3952.2% |
| Operating profit (loss) | 9901 | €21,356 | €29,382 | +€8,026 | +37.6% |
| Financial income | 75/76B | €331 | €887 | +€556 | +167.9% |
| Recurring financial income | 75 | €331 | €887 | +€556 | +167.9% |
| Financial charges | 65/66B | €10,951 | €10,953 | +€2 | 0.0% |
| Recurring financial charges | 65 | €10,951 | €10,953 | +€2 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €10,736 | €19,316 | +€8,580 | +79.9% |
| Transfer from deferred taxes | 780 | €2,519 | €2,519 | = | 0.0% |
| Income taxes | 67/77 | €9,482 | €9,112 | -€369 | -3.9% |
| Profit (loss) for the period | 9904 | €3,774 | €12,723 | +€8,949 | +237.2% |
| Transfer from tax-exempt reserves | 789 | €7,232 | €7,232 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,005 | €19,955 | +€8,949 | +81.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.