IMMO TRENTO: 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 TRENTO
Largest movements
- Current investments +€45,232
up €45,232 (+30.2%), from €150,000 to €195,232
- Tangible fixed assets -€32,545
down €32,545 (-8.1%), from €403,203 to €370,659
of which Land and buildings: -€24,798
- Cash -€11,985
down €11,985 (-17.2%), from €69,706 to €57,720
mainly Current investments (-€45,232) and Provisions (-€2,171)
- Profit (loss) carried forward +€7,990
up €7,990 (+7.7%), from -€103,845 to -€95,855
- Financial income +€6,385
up €6,385 (+898%), from €711 to €7,096
- Gross operating margin +€2,405
up €2,405 (+6.8%), from €35,495 to €37,900
- Taxes +€1,915
up €1,915 (+898%), from €213 to €2,129
- Depreciation -€961
down €961 (-2.9%), from €33,506 to €32,545
- Financial charges -€603
down €603 (-11.5%), from €5,234 to €4,630
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 | €622,909 | €623,611 | +€702 | +0.1% |
| Fixed assets | 21/28 | €403,203 | €370,659 | -€32,545 | -8.1% |
| Tangible fixed assets | 22/27 | €403,203 | €370,659 | -€32,545 | -8.1% |
| Land and buildings | 22 | €379,724 | €354,926 | -€24,798 | -6.5% |
| Plant, machinery and equipment | 23 | €20,184 | €15,373 | -€4,810 | -23.8% |
| Furniture and vehicles | 24 | €3,295 | €359 | -€2,936 | -89.1% |
| Current assets | 29/58 | €219,706 | €252,952 | +€33,247 | +15.1% |
| Current investments | 50/53 | €150,000 | €195,232 | +€45,232 | +30.2% |
| Cash at bank and in hand | 54/58 | €69,706 | €57,720 | -€11,985 | -17.2% |
| Total equity and liabilities | 10/49 | €622,909 | €623,611 | +€702 | +0.1% |
| Equity | 10/15 | €513,870 | €517,643 | +€3,773 | +0.7% |
| Contributions | 10/11 | €545,160 | €545,160 | = | 0.0% |
| Reserves | 13 | €72,555 | €68,338 | -€4,217 | -5.8% |
| Tax-exempt reserves | 132 | €72,555 | €68,338 | -€4,217 | -5.8% |
| Profit (loss) carried forward | 14 | -€103,845 | -€95,855 | +€7,990 | +7.7% |
| Provisions and deferred taxes | 16 | €37,359 | €35,188 | -€2,171 | -5.8% |
| Deferred taxes | 168 | €37,359 | €35,188 | -€2,171 | -5.8% |
| Amounts payable | 17/49 | €71,680 | €70,781 | -€900 | -1.3% |
| Amounts payable after more than one year | 17 | €64,659 | €64,659 | = | 0.0% |
| Other amounts payable | 178/9 | €64,659 | €64,659 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,573 | €4,628 | -€945 | -17.0% |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Taxes, remuneration and social security | 45 | €1,556 | €1,373 | -€182 | -11.7% |
| Taxes | 450/3 | €1,556 | €1,373 | -€182 | -11.7% |
| Other amounts payable | 47/48 | €3,630 | €2,855 | -€775 | -21.3% |
| Accrued charges and deferred income | 492/3 | €1,448 | €1,493 | +€45 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,506 | €32,545 | -€961 | -2.9% |
| Other operating charges | 640/8 | €3,951 | €4,090 | +€140 | +3.5% |
| Gross operating margin | 9900 | €35,495 | €37,900 | +€2,405 | +6.8% |
| Operating profit (loss) | 9901 | -€1,961 | €1,265 | +€3,226 | |
| Financial income | 75/76B | €711 | €7,096 | +€6,385 | +898% |
| Recurring financial income | 75 | €711 | €7,096 | +€6,385 | +898% |
| Financial charges | 65/66B | €5,234 | €4,630 | -€603 | -11.5% |
| Recurring financial charges | 65 | €5,234 | €4,630 | -€603 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,484 | €3,730 | +€10,214 | |
| Transfer from deferred taxes | 780 | €2,171 | €2,171 | = | 0.0% |
| Income taxes | 67/77 | €213 | €2,129 | +€1,915 | +898% |
| Profit (loss) for the period | 9904 | -€4,526 | €3,773 | +€8,299 | |
| Transfer from tax-exempt reserves | 789 | €4,217 | €4,217 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€309 | €7,990 | +€8,299 |
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 23 October 2026 via checked.be.