PELLENS IMMO: 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.
PELLENS IMMO
Largest movements
- Tangible fixed assets -€40,330
down €40,330 (-7.3%), from €550,956 to €510,627
of which Land and buildings: -€39,168
- Cash -€7,008
down €7,008 (-78.0%), from €8,979 to €1,971
mainly Debts after one year (-€69,184) and Receivables within one year (-€3,948)
- Debts after one year -€69,184
down €69,184 (-49.4%), from €139,999 to €70,815
- Other debts +€27,000
up €27,000 (+8.1%), from €333,088 to €360,088
- Gross operating margin -€16,317
down €16,317 (-21.6%), from €75,536 to €59,219
- Write-downs -€15,173
down €15,173 (-89.0%), from €17,045 to €1,873
- Financial charges -€1,650
down €1,650 (-28.2%), from €5,857 to €4,207
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 | €595,729 | €552,362 | -€43,366 | -7.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €550,956 | €510,627 | -€40,330 | -7.3% |
| Tangible fixed assets | 22/27 | €550,956 | €510,627 | -€40,330 | -7.3% |
| Land and buildings | 22 | €549,795 | €510,627 | -€39,168 | -7.1% |
| Plant, machinery and equipment | 23 | €1,161 | €0 | -€1,161 | -100.0% |
| Current assets | 29/58 | €44,772 | €41,736 | -€3,037 | -6.8% |
| Amounts receivable within one year | 40/41 | €32,729 | €36,677 | +€3,948 | +12.1% |
| Trade receivables | 40 | €32,729 | €36,677 | +€3,948 | +12.1% |
| Cash at bank and in hand | 54/58 | €8,979 | €1,971 | -€7,008 | -78.0% |
| Deferred charges and accrued income | 490/1 | €3,065 | €3,088 | +€23 | +0.8% |
| Total equity and liabilities | 10/49 | €595,729 | €552,362 | -€43,366 | -7.3% |
| Equity | 10/15 | €52,331 | €50,067 | -€2,264 | -4.3% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,669 | -€89,933 | -€2,264 | -2.6% |
| Amounts payable | 17/49 | €543,398 | €502,295 | -€41,102 | -7.6% |
| Amounts payable after more than one year | 17 | €139,999 | €70,815 | -€69,184 | -49.4% |
| Financial debts | 170/4 | €139,999 | €70,815 | -€69,184 | -49.4% |
| Amounts payable within one year | 42/48 | €403,318 | €431,481 | +€28,163 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €67,591 | €69,184 | +€1,593 | +2.4% |
| Trade debts | 44 | €2,639 | €2,209 | -€430 | -16.3% |
| Suppliers | 440/4 | €2,639 | €2,209 | -€430 | -16.3% |
| Other amounts payable | 47/48 | €333,088 | €360,088 | +€27,000 | +8.1% |
| Accrued charges and deferred income | 492/3 | €82 | - | -€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,435 | €40,330 | -€105 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,045 | €1,873 | -€15,173 | -89.0% |
| Other operating charges | 640/8 | €14,644 | €15,074 | +€431 | +2.9% |
| Gross operating margin | 9900 | €75,536 | €59,219 | -€16,317 | -21.6% |
| Operating profit (loss) | 9901 | €3,412 | €1,942 | -€1,470 | -43.1% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €5,857 | €4,207 | -€1,650 | -28.2% |
| Recurring financial charges | 65 | €5,857 | €4,207 | -€1,650 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,438 | -€2,264 | +€174 | +7.1% |
| Profit (loss) for the period | 9904 | -€2,438 | -€2,264 | +€174 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,438 | -€2,264 | +€174 | +7.1% |
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 6 October 2026 via checked.be.