IMMO TRIEU: 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 TRIEU
Largest movements
- Cash +€13,116
up €13,116 (+23.7%), from €55,265 to €68,381
mainly Depreciation (+€22,589) and Net result for the year (+€13,636)
- Tangible fixed assets -€11,661
down €11,661 (-16.9%), from €68,926 to €57,265
of which Furniture and vehicles: -€9,535
- Receivables within one year -€10,819
down €10,819 (-8.0%), from €134,851 to €124,032
of which Trade receivables: -€16,354
- Deferred charges and accrued income -€5,259
down €5,259 (-42.6%), from €12,332 to €7,073
- Reserves +€13,636
up €13,636 (+17.6%), from €77,526 to €91,161
of which Distributable reserves: +€13,636
- Current portion of long-term debt -€13,339
down €13,339 (-80.1%), from €16,649 to €3,310
- Tax, wage and social debts -€8,270
down €8,270 (-16.9%), from €48,968 to €40,699
of which Remuneration and social security: -€15,180
- Trade debts -€3,340
down €3,340 (-5.6%), from €59,705 to €56,365
- Debts after one year -€3,310
no longer reported in 2025 (was €3,310)
- Gross operating margin +€91,158
up €91,158 (+103%), from €88,093 to €179,251
- Staff costs +€54,503
up €54,503 (+67.6%), from €80,576 to €135,079
- Other operating charges -€5,868
down €5,868 (-69.4%), from €8,450 to €2,582
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 | €271,710 | €257,087 | -€14,623 | -5.4% |
| Fixed assets | 21/28 | €69,262 | €57,601 | -€11,661 | -16.8% |
| Tangible fixed assets | 22/27 | €68,926 | €57,265 | -€11,661 | -16.9% |
| Plant, machinery and equipment | 23 | €5,562 | €3,673 | -€1,889 | -34.0% |
| Furniture and vehicles | 24 | €56,288 | €46,753 | -€9,535 | -16.9% |
| Other tangible fixed assets | 26 | €7,076 | €6,838 | -€238 | -3.4% |
| Financial fixed assets | 28 | €336 | €336 | = | 0.0% |
| Current assets | 29/58 | €202,448 | €199,486 | -€2,962 | -1.5% |
| Amounts receivable within one year | 40/41 | €134,851 | €124,032 | -€10,819 | -8.0% |
| Trade receivables | 40 | €57,640 | €41,287 | -€16,354 | -28.4% |
| Other amounts receivable | 41 | €77,211 | €82,745 | +€5,534 | +7.2% |
| Cash at bank and in hand | 54/58 | €55,265 | €68,381 | +€13,116 | +23.7% |
| Deferred charges and accrued income | 490/1 | €12,332 | €7,073 | -€5,259 | -42.6% |
| Total equity and liabilities | 10/49 | €271,710 | €257,087 | -€14,623 | -5.4% |
| Equity | 10/15 | €143,072 | €156,707 | +€13,636 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,526 | €91,161 | +€13,636 | +17.6% |
| Tax-exempt reserves | 132 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,666 | €89,301 | +€13,636 | +18.0% |
| Profit (loss) carried forward | 14 | €46,946 | €46,946 | = | 0.0% |
| Amounts payable | 17/49 | €128,638 | €100,380 | -€28,259 | -22.0% |
| Amounts payable after more than one year | 17 | €3,310 | - | -€3,310 | |
| Financial debts | 170/4 | €3,310 | - | -€3,310 | |
| Amounts payable within one year | 42/48 | €125,328 | €100,380 | -€24,949 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €16,649 | €3,310 | -€13,339 | -80.1% |
| Financial debts | 43 | €6 | €6 | = | 0.0% |
| Credit institutions | 430/8 | €6 | €6 | = | 0.0% |
| Trade debts | 44 | €59,705 | €56,365 | -€3,340 | -5.6% |
| Suppliers | 440/4 | €59,705 | €56,365 | -€3,340 | -5.6% |
| Taxes, remuneration and social security | 45 | €48,968 | €40,699 | -€8,270 | -16.9% |
| Taxes | 450/3 | €10,846 | €17,756 | +€6,910 | +63.7% |
| Remuneration and social security | 454/9 | €38,123 | €22,943 | -€15,180 | -39.8% |
| Remuneration, social security and pensions | 62 | €80,576 | €135,079 | +€54,503 | +67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,007 | €22,589 | +€1,582 | +7.5% |
| Other operating charges | 640/8 | €8,450 | €2,582 | -€5,868 | -69.4% |
| Gross operating margin | 9900 | €88,093 | €179,251 | +€91,158 | +103% |
| Operating profit (loss) | 9901 | -€21,941 | €19,000 | +€40,941 | |
| Financial income | 75/76B | €277 | - | -€277 | |
| Recurring financial income | 75 | €277 | - | -€277 | |
| Financial charges | 65/66B | €3,116 | €3,860 | +€744 | +23.9% |
| Recurring financial charges | 65 | €3,116 | €3,860 | +€744 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,780 | €15,140 | +€39,920 | |
| Income taxes | 67/77 | €159 | €1,504 | +€1,346 | +848% |
| Profit (loss) for the period | 9904 | -€24,938 | €13,636 | +€38,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,938 | €13,636 | +€38,574 |
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 20 October 2026 via checked.be.