IMMOBILIERE STRUCTURES: 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.
IMMOBILIERE STRUCTURES
Largest movements
- Tangible fixed assets +€11,085
up €11,085 (+32.5%), from €34,126 to €45,211
of which Furniture and vehicles: +€14,354
- Receivables within one year +€10,666
up €10,666 (+37.3%), from €28,629 to €39,295
of which Other amounts receivable: +€6,856
- Cash +€1,873
up €1,873 (+100%), from €1,871 to €3,744
mainly Net result for the year (+€13,323) and Debts after one year (+€10,200)
- Profit (loss) carried forward +€13,323
up €13,323 (+40.8%), from €32,628 to €45,952
- Debts after one year +€10,200
up €10,200 (+3,400%), from €300 to €10,500
of which Financial debts: +€10,200
- Trade debts +€2,274
up €2,274 (+26.2%), from €8,683 to €10,956
- Current portion of long-term debt -€2,131
down €2,131 (-52.1%), from €4,087 to €1,956
- Other operating charges -€2,177
down €2,177 (-26.1%), from €8,347 to €6,170
- Gross operating margin -€1,384
down €1,384 (-4.6%), from €30,227 to €28,843
- Taxes +€864
up €864 (+17.7%), from €4,875 to €5,739
- Financial charges -€795
down €795, from €670 to -€125
- Depreciation -€466
down €466 (-9.6%), from €4,870 to €4,404
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 | €64,626 | €88,250 | +€23,624 | +36.6% |
| Fixed assets | 21/28 | €34,126 | €45,211 | +€11,085 | +32.5% |
| Tangible fixed assets | 22/27 | €34,126 | €45,211 | +€11,085 | +32.5% |
| Land and buildings | 22 | €34,126 | €30,857 | -€3,270 | -9.6% |
| Furniture and vehicles | 24 | - | €14,354 | +€14,354 | |
| Current assets | 29/58 | €30,500 | €43,039 | +€12,539 | +41.1% |
| Amounts receivable within one year | 40/41 | €28,629 | €39,295 | +€10,666 | +37.3% |
| Trade receivables | 40 | €17,985 | €21,796 | +€3,810 | +21.2% |
| Other amounts receivable | 41 | €10,643 | €17,499 | +€6,856 | +64.4% |
| Cash at bank and in hand | 54/58 | €1,871 | €3,744 | +€1,873 | +100% |
| Total equity and liabilities | 10/49 | €64,626 | €88,250 | +€23,624 | +36.6% |
| Equity | 10/15 | €40,686 | €54,009 | +€13,323 | +32.7% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,628 | €45,952 | +€13,323 | +40.8% |
| Amounts payable | 17/49 | €23,941 | €34,241 | +€10,300 | +43.0% |
| Amounts payable after more than one year | 17 | €300 | €10,500 | +€10,200 | +3,400% |
| Financial debts | 170/4 | - | €10,200 | +€10,200 | |
| Other amounts payable | 178/9 | €300 | €300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,641 | €23,741 | +€100 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €4,087 | €1,956 | -€2,131 | -52.1% |
| Trade debts | 44 | €8,683 | €10,956 | +€2,274 | +26.2% |
| Suppliers | 440/4 | €8,683 | €10,956 | +€2,274 | +26.2% |
| Advances received on contracts in progress | 46 | €5,090 | €5,090 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,781 | €5,739 | -€42 | -0.7% |
| Taxes | 450/3 | €5,781 | €5,739 | -€42 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,870 | €4,404 | -€466 | -9.6% |
| Other operating charges | 640/8 | €8,347 | €6,170 | -€2,177 | -26.1% |
| Gross operating margin | 9900 | €30,227 | €28,843 | -€1,384 | -4.6% |
| Operating profit (loss) | 9901 | €17,010 | €18,269 | +€1,260 | +7.4% |
| Financial income | 75/76B | €269 | €668 | +€398 | +148% |
| Recurring financial income | 75 | €269 | €668 | +€398 | +148% |
| Financial charges | 65/66B | €670 | -€125 | -€795 | |
| Recurring financial charges | 65 | €670 | -€125 | -€795 | |
| Profit (loss) for the period before taxes | 9903 | €16,609 | €19,062 | +€2,453 | +14.8% |
| Income taxes | 67/77 | €4,875 | €5,739 | +€864 | +17.7% |
| Profit (loss) for the period | 9904 | €11,734 | €13,323 | +€1,589 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,734 | €13,323 | +€1,589 | +13.5% |
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 20 October 2026 via checked.be.