P & CO IMMO: 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.
P & CO IMMO
Largest movements
- Tangible fixed assets -€9,129
down €9,129 (-2.9%), from €313,015 to €303,886
- Cash +€3,757
up €3,757 (+3,725%), from €101 to €3,858
mainly Net result for the year (+€20,664) and Depreciation (+€9,129)
- Debts after one year -€35,919
down €35,919 (-23.3%), from €153,888 to €117,969
- Profit (loss) carried forward +€20,664
up €20,664 (+40.9%), from €50,582 to €71,246
- Trade debts +€5,157
up €5,157 (+578%), from €893 to €6,050
- Gross operating margin +€1,482
up €1,482 (+2.9%), from €50,542 to €52,023
- Depreciation -€891
down €891 (-8.9%), from €10,020 to €9,129
- Financial charges +€636
up €636 (+8.9%), from €7,171 to €7,807
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 | €315,674 | €308,794 | -€6,880 | -2.2% |
| Fixed assets | 21/28 | €313,015 | €303,886 | -€9,129 | -2.9% |
| Tangible fixed assets | 22/27 | €313,015 | €303,886 | -€9,129 | -2.9% |
| Land and buildings | 22 | €313,015 | €303,886 | -€9,129 | -2.9% |
| Current assets | 29/58 | €2,659 | €4,908 | +€2,249 | +84.6% |
| Amounts receivable within one year | 40/41 | €1,797 | €257 | -€1,540 | -85.7% |
| Trade receivables | 40 | €1,797 | €257 | -€1,540 | -85.7% |
| Cash at bank and in hand | 54/58 | €101 | €3,858 | +€3,757 | +3,725% |
| Deferred charges and accrued income | 490/1 | €761 | €793 | +€31 | +4.1% |
| Total equity and liabilities | 10/49 | €315,674 | €308,794 | -€6,880 | -2.2% |
| Equity | 10/15 | €104,642 | €125,306 | +€20,664 | +19.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €46,000 | €46,000 | = | 0.0% |
| Distributable reserves | 133 | €46,000 | €46,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,582 | €71,246 | +€20,664 | +40.9% |
| Amounts payable | 17/49 | €211,032 | €183,488 | -€27,544 | -13.1% |
| Amounts payable after more than one year | 17 | €153,888 | €117,969 | -€35,919 | -23.3% |
| Financial debts | 170/4 | €153,888 | €117,969 | -€35,919 | -23.3% |
| Amounts payable within one year | 42/48 | €55,868 | €65,519 | +€9,651 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €34,337 | €35,919 | +€1,581 | +4.6% |
| Trade debts | 44 | €893 | €6,050 | +€5,157 | +578% |
| Suppliers | 440/4 | €893 | €6,050 | +€5,157 | +578% |
| Advances received on contracts in progress | 46 | €226 | €816 | +€591 | +262% |
| Taxes, remuneration and social security | 45 | €12,446 | €14,768 | +€2,322 | +18.7% |
| Taxes | 450/3 | €12,446 | €14,768 | +€2,322 | +18.7% |
| Other amounts payable | 47/48 | €7,966 | €7,966 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,277 | €0 | -€1,277 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,020 | €9,129 | -€891 | -8.9% |
| Other operating charges | 640/8 | €6,759 | €6,901 | +€142 | +2.1% |
| Gross operating margin | 9900 | €50,542 | €52,023 | +€1,482 | +2.9% |
| Operating profit (loss) | 9901 | €33,763 | €35,994 | +€2,231 | +6.6% |
| Financial charges | 65/66B | €7,171 | €7,807 | +€636 | +8.9% |
| Recurring financial charges | 65 | €7,171 | €7,807 | +€636 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €26,592 | €28,186 | +€1,595 | +6.0% |
| Income taxes | 67/77 | €7,246 | €7,522 | +€276 | +3.8% |
| Profit (loss) for the period | 9904 | €19,345 | €20,664 | +€1,319 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,345 | €20,664 | +€1,319 | +6.8% |
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 18 October 2026 via checked.be.