Pablimmo: what changed
Two fiscal 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.
Pablimmo
Largest movements
- Cash +€100,892
up €100,892 (+45.7%), from €220,574 to €321,466
mainly Net result for the year (+€180,122) and Receivables within one year (+€24,643)
- Current investments +€89,998
new in 2025: €89,998
- Receivables within one year -€24,643
down €24,643 (-75.6%), from €32,578 to €7,935
- Reserves +€180,122
up €180,122 (+92.3%), from €195,102 to €375,224
- Tax, wage and social debts -€21,298
down €21,298 (-38.8%), from €54,949 to €33,651
- Trade debts +€6,772
up €6,772 (+245.8%), from €2,755 to €9,527
- Gross operating margin -€19,128
down €19,128 (-7.5%), from €255,626 to €236,499
- Taxes -€4,354
down €4,354 (-7.3%), from €59,718 to €55,364
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.
Cash bridge derived
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 | €255,222 | €420,800 | +€165,578 | +64.9% |
| Fixed assets | 21/28 | €2,071 | €1,361 | -€710 | -34.3% |
| Tangible fixed assets | 22/27 | €2,071 | €1,361 | -€710 | -34.3% |
| Furniture and vehicles | 24 | €2,071 | €1,361 | -€710 | -34.3% |
| Current assets | 29/58 | €253,152 | €419,439 | +€166,287 | +65.7% |
| Amounts receivable within one year | 40/41 | €32,578 | €7,935 | -€24,643 | -75.6% |
| Trade receivables | 40 | €32,578 | €7,935 | -€24,643 | -75.6% |
| Current investments | 50/53 | - | €89,998 | +€89,998 | |
| Cash at bank and in hand | 54/58 | €220,574 | €321,466 | +€100,892 | +45.7% |
| Deferred charges and accrued income | 490/1 | - | €40 | +€40 | |
| Total equity and liabilities | 10/49 | €255,222 | €420,800 | +€165,578 | +64.9% |
| Equity | 10/15 | €197,102 | €377,224 | +€180,122 | +91.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €195,102 | €375,224 | +€180,122 | +92.3% |
| Distributable reserves | 133 | €195,102 | €375,224 | +€180,122 | +92.3% |
| Amounts payable | 17/49 | €58,120 | €43,575 | -€14,545 | -25.0% |
| Amounts payable within one year | 42/48 | €58,120 | €43,575 | -€14,545 | -25.0% |
| Trade debts | 44 | €2,755 | €9,527 | +€6,772 | +245.8% |
| Suppliers | 440/4 | €2,755 | €9,527 | +€6,772 | +245.8% |
| Taxes, remuneration and social security | 45 | €54,949 | €33,651 | -€21,298 | -38.8% |
| Taxes | 450/3 | €54,949 | €33,651 | -€21,298 | -38.8% |
| Other amounts payable | 47/48 | €417 | €398 | -€19 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58 | €710 | +€651 | +1120.0% |
| Other operating charges | 640/8 | €666 | €203 | -€463 | -69.5% |
| Gross operating margin | 9900 | €255,626 | €236,499 | -€19,128 | -7.5% |
| Operating profit (loss) | 9901 | €254,902 | €235,586 | -€19,316 | -7.6% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €82 | €139 | +€57 | +70.0% |
| Recurring financial charges | 65 | €82 | €139 | +€57 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €254,820 | €235,486 | -€19,334 | -7.6% |
| Income taxes | 67/77 | €59,718 | €55,364 | -€4,354 | -7.3% |
| Profit (loss) for the period | 9904 | €195,102 | €180,122 | -€14,980 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €195,102 | €180,122 | -€14,980 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.