P&G 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&G IMMO
Largest movements
- Tangible fixed assets -€10,932
down €10,932 (-5.5%), from €197,458 to €186,527
- Receivables within one year +€7,052
up €7,052 (+261%), from €2,700 to €9,752
- Debts after one year -€8,865
down €8,865 (-6.1%), from €144,502 to €135,637
- Trade debts +€2,547
up €2,547, from €0 to €2,547
- Profit (loss) carried forward +€2,425
up €2,425, from -€1,061 to €1,363
- Gross operating margin +€789
up €789 (+4.2%), from €18,855 to €19,644
- Financial charges +€660
up €660 (+17.6%), from €3,745 to €4,405
- Other operating charges +€433
up €433 (+29.8%), from €1,450 to €1,883
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 | €202,664 | €199,330 | -€3,334 | -1.6% |
| Fixed assets | 21/28 | €197,458 | €186,527 | -€10,932 | -5.5% |
| Tangible fixed assets | 22/27 | €197,458 | €186,527 | -€10,932 | -5.5% |
| Land and buildings | 22 | €197,458 | €186,527 | -€10,932 | -5.5% |
| Current assets | 29/58 | €5,205 | €12,803 | +€7,597 | +146% |
| Amounts receivable within one year | 40/41 | €2,700 | €9,752 | +€7,052 | +261% |
| Trade receivables | 40 | €2,700 | €9,752 | +€7,052 | +261% |
| Cash at bank and in hand | 54/58 | €1,680 | €2,190 | +€509 | +30.3% |
| Deferred charges and accrued income | 490/1 | €825 | €861 | +€36 | +4.4% |
| Total equity and liabilities | 10/49 | €202,664 | €199,330 | -€3,334 | -1.6% |
| Equity | 10/15 | €19,399 | €21,823 | +€2,425 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,061 | €1,363 | +€2,425 | |
| Amounts payable | 17/49 | €183,265 | €177,506 | -€5,759 | -3.1% |
| Amounts payable after more than one year | 17 | €144,502 | €135,637 | -€8,865 | -6.1% |
| Financial debts | 170/4 | €144,502 | €135,637 | -€8,865 | -6.1% |
| Amounts payable within one year | 42/48 | €38,763 | €41,555 | +€2,792 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €8,638 | €8,883 | +€245 | +2.8% |
| Trade debts | 44 | €0 | €2,547 | +€2,547 | |
| Suppliers | 440/4 | €0 | €2,547 | +€2,547 | |
| Other amounts payable | 47/48 | €30,125 | €30,125 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €313 | +€313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,932 | €10,932 | = | 0.0% |
| Other operating charges | 640/8 | €1,450 | €1,883 | +€433 | +29.8% |
| Gross operating margin | 9900 | €18,855 | €19,644 | +€789 | +4.2% |
| Operating profit (loss) | 9901 | €6,473 | €6,830 | +€357 | +5.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,745 | €4,405 | +€660 | +17.6% |
| Recurring financial charges | 65 | €3,745 | €4,405 | +€660 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €2,728 | €2,425 | -€303 | -11.1% |
| Profit (loss) for the period | 9904 | €2,728 | €2,425 | -€303 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,728 | €2,425 | -€303 | -11.1% |
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 13 October 2026 via checked.be.