IMMO TRIANGLE INTERNATIONAL: 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.
What changed
IMMO TRIANGLE INTERNATIONAL
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€126,920
2024 · €208,864-€81,944
Equity
€2.6m
2024 · €2.5m+€126,920
Cash
€79,892
2024 · €214,429-€134,537
Balance sheet total
€34.6m
2024 · €35.6m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€1.0m
down €1.0m (-3.0%), from €34.9m to €33.9m
of which Land and buildings: -€1.0m
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-4.8%), from €21.8m to €20.7m
of which Financial debts: -€1.1m
Income statement
- Gross operating margin -€92,587
down €92,587 (-4.5%), from €2.1m to €2.0m
- Financial charges -€23,556
down €23,556 (-4.3%), from €553,416 to €529,860
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
€208,864
Gross operating margin
-€92,587
Staff costs
-€2,094
Depreciation
+€679
Other operating charges
-€8,574
Other operating items
-€736
Financial income
-€2,189
Financial charges
+€23,556
Result 2025
€126,920
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€128,679
Financing
-€1.0m
Cash 2024
€214,429
From operations (derived)
+€1.0m
Net result for the year
+€126,920
Depreciation
+€1.0m
Receivables within one year
+€8,350
Trade debts
+€5,334
Tax, wage and social debts
-€30,084
Other debts
-€134,797
Accrued charges and deferred income
+€450
Investment (derived)
-€128,679
Investment in fixed assets (net)
-€128,679
Financing
-€1.0m
Debts after one year
-€1.1m
Current portion of long-term debt
+€24,060
Cash 2025
€79,892
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,643,261 | €34,582,230 | -€1.1m | -3.0% |
| Fixed assets | 21/28 | €35,138,311 | €34,220,167 | -€918,144 | -2.6% |
| Tangible fixed assets | 22/27 | €34,909,208 | €33,862,385 | -€1.0m | -3.0% |
| Land and buildings | 22 | €34,661,194 | €33,645,577 | -€1.0m | -2.9% |
| Plant, machinery and equipment | 23 | €193,564 | €179,735 | -€13,829 | -7.1% |
| Furniture and vehicles | 24 | €54,450 | €37,073 | -€17,377 | -31.9% |
| Financial fixed assets | 28 | €229,103 | €357,782 | +€128,679 | +56.2% |
| Current assets | 29/58 | €504,949 | €362,063 | -€142,887 | -28.3% |
| Amounts receivable within one year | 40/41 | €290,520 | €282,170 | -€8,350 | -2.9% |
| Trade receivables | 40 | €290,520 | €282,170 | -€8,350 | -2.9% |
| Cash at bank and in hand | 54/58 | €214,429 | €79,892 | -€134,537 | -62.7% |
| Total equity and liabilities | 10/49 | €35,643,261 | €34,582,230 | -€1.1m | -3.0% |
| Equity | 10/15 | €2,465,918 | €2,592,838 | +€126,920 | +5.1% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Capital | 10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Issued capital | 100 | €1,100,000 | €1,100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €4,211,786 | €4,211,786 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,852,065 | -€2,725,145 | +€126,920 | +4.5% |
| Amounts payable | 17/49 | €33,177,343 | €31,989,393 | -€1.2m | -3.6% |
| Amounts payable after more than one year | 17 | €21,799,181 | €20,746,268 | -€1.1m | -4.8% |
| Financial debts | 170/4 | €21,717,236 | €20,654,807 | -€1.1m | -4.9% |
| Other amounts payable | 178/9 | €81,945 | €91,461 | +€9,516 | +11.6% |
| Amounts payable within one year | 42/48 | €11,378,162 | €11,242,675 | -€135,488 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €1,038,099 | €1,062,158 | +€24,060 | +2.3% |
| Trade debts | 44 | €274 | €5,607 | +€5,334 | +1,949% |
| Suppliers | 440/4 | €274 | €5,607 | +€5,334 | +1,949% |
| Taxes, remuneration and social security | 45 | €141,913 | €111,829 | -€30,084 | -21.2% |
| Taxes | 450/3 | €139,671 | €111,829 | -€27,841 | -19.9% |
| Remuneration and social security | 454/9 | €2,242 | - | -€2,242 | |
| Other amounts payable | 47/48 | €10,197,877 | €10,063,080 | -€134,797 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Non-recurring operating income | 76A | €109,427 | - | -€109,427 | |
| Remuneration, social security and pensions | 62 | €31,208 | €33,302 | +€2,094 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,047,502 | €1,046,823 | -€679 | -0.1% |
| Other operating charges | 640/8 | €214,538 | €223,112 | +€8,574 | +4.0% |
| Non-recurring operating charges | 66A | - | €736 | +€736 | |
| Gross operating margin | 9900 | €2,052,226 | €1,959,639 | -€92,587 | -4.5% |
| Operating profit (loss) | 9901 | €758,977 | €655,666 | -€103,311 | -13.6% |
| Financial income | 75/76B | €3,303 | €1,113 | -€2,189 | -66.3% |
| Recurring financial income | 75 | €3,303 | €1,113 | -€2,189 | -66.3% |
| Financial charges | 65/66B | €553,416 | €529,860 | -€23,556 | -4.3% |
| Recurring financial charges | 65 | €553,416 | €529,860 | -€23,556 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €208,864 | €126,920 | -€81,944 | -39.2% |
| Profit (loss) for the period | 9904 | €208,864 | €126,920 | -€81,944 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €208,864 | €126,920 | -€81,944 | -39.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.