PaMI 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.
PaMI IMMO
Largest movements
- Tangible fixed assets +€371,273
up €371,273 (+166.6%), from €222,834 to €594,107
of which Other tangible fixed assets: +€275,532
- Current investments +€50,000
new in 2025: €50,000
- Cash -€15,148
down €15,148 (-75.1%), from €20,167 to €5,020
mainly Investment in fixed assets (net) (-€375,532) and Current investments (-€50,000)
- Debts after one year +€300,000
up €300,000 (+230.8%), from €130,000 to €430,000
- Revaluation surpluses +€100,000
new in 2025: €100,000
- Gross operating margin +€2,802
up €2,802 (+38.7%), from €7,235 to €10,037
- Financial income +€323
up €323 (+919.2%), from €35 to €358
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 | €243,659 | €649,789 | +€406,130 | +166.7% |
| Formation expenses | 20 | €648 | €555 | -€93 | -14.3% |
| Fixed assets | 21/28 | €222,834 | €594,107 | +€371,273 | +166.6% |
| Tangible fixed assets | 22/27 | €222,834 | €594,107 | +€371,273 | +166.6% |
| Land and buildings | 22 | €222,834 | €318,576 | +€95,741 | +43.0% |
| Other tangible fixed assets | 26 | - | €275,532 | +€275,532 | |
| Current assets | 29/58 | €20,178 | €55,127 | +€34,949 | +173.2% |
| Amounts receivable within one year | 40/41 | €11 | €107 | +€97 | +919.5% |
| Other amounts receivable | 41 | €11 | €107 | +€97 | +919.5% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €20,167 | €5,020 | -€15,148 | -75.1% |
| Total equity and liabilities | 10/49 | €243,659 | €649,789 | +€406,130 | +166.7% |
| Equity | 10/15 | €112,043 | €211,195 | +€99,153 | +88.5% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€47,957 | -€48,805 | -€847 | -1.8% |
| Amounts payable | 17/49 | €131,617 | €438,594 | +€306,977 | +233.2% |
| Amounts payable after more than one year | 17 | €130,000 | €430,000 | +€300,000 | +230.8% |
| Financial debts | 170/4 | €130,000 | €430,000 | +€300,000 | +230.8% |
| Amounts payable within one year | 42/48 | €1,617 | €7,667 | +€6,050 | +374.2% |
| Trade debts | 44 | €1,617 | €1,667 | +€50 | +3.1% |
| Suppliers | 440/4 | €1,617 | €1,667 | +€50 | +3.1% |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | - | €927 | +€927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,351 | €4,351 | = | 0.0% |
| Other operating charges | 640/8 | €1,617 | €1,667 | +€50 | +3.1% |
| Gross operating margin | 9900 | €7,235 | €10,037 | +€2,802 | +38.7% |
| Operating profit (loss) | 9901 | €1,267 | €4,019 | +€2,752 | +217.2% |
| Financial income | 75/76B | €35 | €358 | +€323 | +919.2% |
| Recurring financial income | 75 | €35 | €358 | +€323 | +919.2% |
| Financial charges | 65/66B | €5,224 | €5,224 | = | 0.0% |
| Recurring financial charges | 65 | €5,224 | €5,224 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,922 | -€847 | +€3,074 | +78.4% |
| Profit (loss) for the period | 9904 | -€3,922 | -€847 | +€3,074 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,922 | -€847 | +€3,074 | +78.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.