PALENGE 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.
PALENGE IMMO
Largest movements
- Tangible fixed assets -€190,674
down €190,674 (-37.6%), from €506,641 to €315,966
of which Land and buildings: -€191,916
- Cash +€62,793
up €62,793 (+56.6%), from €110,844 to €173,637
mainly Investment in fixed assets (net) (+€181,736) and Net result for the year (+€84,807)
- Other debts -€160,536
down €160,536 (-99.9%), from €160,725 to €190
- Profit (loss) carried forward +€84,807
up €84,807 (+85.9%), from -€98,758 to -€13,950
- Tax, wage and social debts -€69,528
down €69,528 (-98.6%), from €70,545 to €1,017
- Trade debts +€18,489
up €18,489 (+4087.3%), from €452 to €18,942
- Financial income +€98,060
new in 2025: €98,060
- Gross operating margin +€21,056
up €21,056 (+86.8%), from -€24,260 to -€3,205
- Depreciation +€1,117
up €1,117 (+14.3%), from €7,822 to €8,938
- Other operating charges -€755
down €755 (-65.7%), from €1,148 to €393
- Financial charges -€417
down €417 (-81.3%), from €513 to €96
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 | €619,066 | €492,299 | -€126,767 | -20.5% |
| Fixed assets | 21/28 | €506,991 | €316,316 | -€190,674 | -37.6% |
| Tangible fixed assets | 22/27 | €506,641 | €315,966 | -€190,674 | -37.6% |
| Land and buildings | 22 | €479,916 | €288,000 | -€191,916 | -40.0% |
| Furniture and vehicles | 24 | €26,725 | €27,966 | +€1,242 | +4.6% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €112,076 | €175,983 | +€63,907 | +57.0% |
| Amounts receivable within one year | 40/41 | - | €1,289 | +€1,289 | |
| Trade receivables | 40 | - | €767 | +€767 | |
| Other amounts receivable | 41 | - | €521 | +€521 | |
| Cash at bank and in hand | 54/58 | €110,844 | €173,637 | +€62,793 | +56.6% |
| Deferred charges and accrued income | 490/1 | €1,232 | €1,057 | -€175 | -14.2% |
| Total equity and liabilities | 10/49 | €619,066 | €492,299 | -€126,767 | -20.5% |
| Equity | 10/15 | €387,343 | €472,151 | +€84,807 | +21.9% |
| Contributions | 10/11 | €480,000 | €480,000 | = | 0.0% |
| Reserves | 13 | €6,101 | €6,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,101 | €6,101 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,101 | €6,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,758 | -€13,950 | +€84,807 | +85.9% |
| Amounts payable | 17/49 | €231,723 | €20,148 | -€211,575 | -91.3% |
| Amounts payable within one year | 42/48 | €231,723 | €20,148 | -€211,575 | -91.3% |
| Trade debts | 44 | €452 | €18,942 | +€18,489 | +4087.3% |
| Suppliers | 440/4 | €452 | €18,942 | +€18,489 | +4087.3% |
| Taxes, remuneration and social security | 45 | €70,545 | €1,017 | -€69,528 | -98.6% |
| Taxes | 450/3 | €70,545 | €1,017 | -€69,528 | -98.6% |
| Other amounts payable | 47/48 | €160,725 | €190 | -€160,536 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,822 | €8,938 | +€1,117 | +14.3% |
| Other operating charges | 640/8 | €1,148 | €393 | -€755 | -65.7% |
| Gross operating margin | 9900 | -€24,260 | -€3,205 | +€21,056 | +86.8% |
| Operating profit (loss) | 9901 | -€33,230 | -€12,536 | +€20,694 | +62.3% |
| Financial income | 75/76B | - | €98,060 | +€98,060 | |
| Recurring financial income | 75 | - | €98,060 | +€98,060 | |
| Financial charges | 65/66B | €513 | €96 | -€417 | -81.3% |
| Recurring financial charges | 65 | €513 | €96 | -€417 | -81.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,743 | €85,428 | +€119,171 | |
| Income taxes | 67/77 | €397 | €620 | +€224 | +56.4% |
| Profit (loss) for the period | 9904 | -€34,140 | €84,807 | +€118,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,140 | €84,807 | +€118,947 |
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.