Paesimmo: 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.
Paesimmo
Largest movements
- Tangible fixed assets -€40,138
down €40,138 (-11.0%), from €366,045 to €325,906
of which Land and buildings: -€40,080
- Debts after one year -€46,800
down €46,800 (-48.5%), from €96,417 to €49,617
- Reserves +€9,000
up €9,000 (+11.7%), from €76,950 to €85,950
- Trade debts -€5,391
down €5,391 (-69.3%), from €7,776 to €2,385
- Gross operating margin +€5,033
up €5,033 (+8.1%), from €62,070 to €67,103
- Taxes +€1,781
up €1,781 (+64.2%), from €2,775 to €4,557
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 | €392,226 | €352,947 | -€39,279 | -10.0% |
| Fixed assets | 21/28 | €366,045 | €325,906 | -€40,138 | -11.0% |
| Tangible fixed assets | 22/27 | €366,045 | €325,906 | -€40,138 | -11.0% |
| Land and buildings | 22 | €365,500 | €325,420 | -€40,080 | -11.0% |
| Plant, machinery and equipment | 23 | €544 | €487 | -€58 | -10.6% |
| Current assets | 29/58 | €26,182 | €27,041 | +€859 | +3.3% |
| Amounts receivable within one year | 40/41 | €5,756 | €6,209 | +€453 | +7.9% |
| Other amounts receivable | 41 | €5,756 | €6,209 | +€453 | +7.9% |
| Cash at bank and in hand | 54/58 | €18,255 | €19,596 | +€1,341 | +7.3% |
| Deferred charges and accrued income | 490/1 | €2,170 | €1,236 | -€935 | -43.1% |
| Total equity and liabilities | 10/49 | €392,226 | €352,947 | -€39,279 | -10.0% |
| Equity | 10/15 | €91,372 | €100,390 | +€9,017 | +9.9% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €76,950 | €85,950 | +€9,000 | +11.7% |
| Distributable reserves | 133 | €76,950 | €85,950 | +€9,000 | +11.7% |
| Profit (loss) carried forward | 14 | €162 | €180 | +€17 | +10.8% |
| Amounts payable | 17/49 | €300,854 | €252,557 | -€48,297 | -16.1% |
| Amounts payable after more than one year | 17 | €96,417 | €49,617 | -€46,800 | -48.5% |
| Financial debts | 170/4 | €96,417 | €49,617 | -€46,800 | -48.5% |
| Amounts payable within one year | 42/48 | €192,281 | €190,717 | -€1,564 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €46,800 | €46,800 | = | 0.0% |
| Trade debts | 44 | €7,776 | €2,385 | -€5,391 | -69.3% |
| Suppliers | 440/4 | €7,776 | €2,385 | -€5,391 | -69.3% |
| Taxes, remuneration and social security | 45 | €3,919 | €5,669 | +€1,750 | +44.7% |
| Taxes | 450/3 | €3,919 | €5,669 | +€1,750 | +44.7% |
| Other amounts payable | 47/48 | €133,786 | €135,863 | +€2,078 | +1.6% |
| Accrued charges and deferred income | 492/3 | €12,157 | €12,223 | +€67 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,115 | €40,138 | +€23 | +0.1% |
| Other operating charges | 640/8 | €6,311 | €6,487 | +€176 | +2.8% |
| Gross operating margin | 9900 | €62,070 | €67,103 | +€5,033 | +8.1% |
| Operating profit (loss) | 9901 | €15,644 | €20,478 | +€4,834 | +30.9% |
| Financial income | 75/76B | €430 | €324 | -€105 | -24.5% |
| Recurring financial income | 75 | €430 | €324 | -€105 | -24.5% |
| Financial charges | 65/66B | €7,793 | €7,228 | -€565 | -7.3% |
| Recurring financial charges | 65 | €7,793 | €7,228 | -€565 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €8,281 | €13,574 | +€5,293 | +63.9% |
| Income taxes | 67/77 | €2,775 | €4,557 | +€1,781 | +64.2% |
| Profit (loss) for the period | 9904 | €5,505 | €9,017 | +€3,512 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,505 | €9,017 | +€3,512 | +63.8% |
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 9 October 2026 via checked.be.