P.P.R. IMMO: what changed
P.P.R. IMMO
Largest movements
- Tangible fixed assets -€216,567
down €216,567 (-86.4%), from €250,767 to €34,200
- Receivables within one year +€50,000
new in 2025: €50,000
- Deferred charges and accrued income -€12,916
no longer reported in 2025 (was €12,916)
- Cash +€12,853
up €12,853 (+944%), from €1,362 to €14,215
mainly Investment in fixed assets (net) (+€212,767) and Net result for the year (+€149,622)
- Profit (loss) carried forward +€149,622
up €149,622 (+95.2%), from -€157,137 to -€7,515
- Debts after one year -€149,229
down €149,229 (-83.0%), from €179,729 to €30,500
- Other debts -€145,943
down €145,943 (-72.6%), from €200,912 to €54,969
- Current portion of long-term debt -€19,050
no longer reported in 2025 (was €19,050)
- Gross operating margin +€141,853
up €141,853 (+786%), from €18,045 to €159,898
- Depreciation -€15,091
down €15,091 (-79.9%), from €18,891 to €3,800
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,045 | €98,415 | -€166,631 | -62.9% |
| Fixed assets | 21/28 | €250,767 | €34,200 | -€216,567 | -86.4% |
| Tangible fixed assets | 22/27 | €250,767 | €34,200 | -€216,567 | -86.4% |
| Land and buildings | 22 | €250,767 | €34,200 | -€216,567 | -86.4% |
| Current assets | 29/58 | €14,278 | €64,215 | +€49,937 | +350% |
| Amounts receivable within one year | 40/41 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €1,362 | €14,215 | +€12,853 | +944% |
| Deferred charges and accrued income | 490/1 | €12,916 | - | -€12,916 | |
| Total equity and liabilities | 10/49 | €265,045 | €98,415 | -€166,631 | -62.9% |
| Equity | 10/15 | -€136,677 | €12,945 | +€149,622 | |
| 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 | -€157,137 | -€7,515 | +€149,622 | +95.2% |
| Amounts payable | 17/49 | €401,722 | €85,469 | -€316,252 | -78.7% |
| Amounts payable after more than one year | 17 | €179,729 | €30,500 | -€149,229 | -83.0% |
| Financial debts | 170/4 | €179,729 | €30,500 | -€149,229 | -83.0% |
| Amounts payable within one year | 42/48 | €221,993 | €54,969 | -€167,024 | -75.2% |
| Current portion of amounts payable after more than one year | 42 | €19,050 | - | -€19,050 | |
| Trade debts | 44 | €2,030 | - | -€2,030 | |
| Suppliers | 440/4 | €2,030 | - | -€2,030 | |
| Other amounts payable | 47/48 | €200,912 | €54,969 | -€145,943 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,891 | €3,800 | -€15,091 | -79.9% |
| Other operating charges | 640/8 | €4,134 | €3,361 | -€773 | -18.7% |
| Gross operating margin | 9900 | €18,045 | €159,898 | +€141,853 | +786% |
| Operating profit (loss) | 9901 | -€4,980 | €152,737 | +€157,717 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.8% |
| Financial charges | 65/66B | €3,087 | €3,116 | +€29 | +0.9% |
| Recurring financial charges | 65 | €3,087 | €3,116 | +€29 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,065 | €149,622 | +€157,687 | |
| Profit (loss) for the period | 9904 | -€8,065 | €149,622 | +€157,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,065 | €149,622 | +€157,687 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.