PF 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.
PF IMMO
Largest movements
- Tangible fixed assets -€3,548
down €3,548 (-5.1%), from €68,911 to €65,362
- Cash -€1,098
down €1,098 (-74.6%), from €1,472 to €374
mainly Net result for the year (-€83,428) and Debts after one year (-€4,256)
- Other debts +€84,776
up €84,776 (+482.4%), from €17,572 to €102,348
- Profit (loss) carried forward -€83,428
down €83,428 (-347.2%), from -€24,031 to -€107,459
- Debts after one year -€4,256
down €4,256 (-8.2%), from €51,848 to €47,592
- Trade debts -€1,859
down €1,859 (-82.3%), from €2,258 to €400
- Financial charges -€111
down €111 (-6.5%), from €1,689 to €1,578
- Other operating charges -€108
down €108 (-6.5%), from €1,655 to €1,547
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 | €70,383 | €65,737 | -€4,647 | -6.6% |
| Fixed assets | 21/28 | €68,911 | €65,362 | -€3,548 | -5.1% |
| Tangible fixed assets | 22/27 | €68,911 | €65,362 | -€3,548 | -5.1% |
| Land and buildings | 22 | €68,911 | €65,362 | -€3,548 | -5.1% |
| Current assets | 29/58 | €1,472 | €374 | -€1,098 | -74.6% |
| Cash at bank and in hand | 54/58 | €1,472 | €374 | -€1,098 | -74.6% |
| Total equity and liabilities | 10/49 | €70,383 | €65,737 | -€4,647 | -6.6% |
| Equity | 10/15 | -€5,431 | -€88,859 | -€83,428 | -1536.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,031 | -€107,459 | -€83,428 | -347.2% |
| Amounts payable | 17/49 | €75,814 | €154,596 | +€78,782 | +103.9% |
| Amounts payable after more than one year | 17 | €51,848 | €47,592 | -€4,256 | -8.2% |
| Financial debts | 170/4 | €51,848 | €47,592 | -€4,256 | -8.2% |
| Amounts payable within one year | 42/48 | €23,966 | €107,004 | +€83,037 | +346.5% |
| Current portion of amounts payable after more than one year | 42 | €4,136 | €4,256 | +€120 | +2.9% |
| Trade debts | 44 | €2,258 | €400 | -€1,859 | -82.3% |
| Suppliers | 440/4 | €2,258 | €400 | -€1,859 | -82.3% |
| Other amounts payable | 47/48 | €17,572 | €102,348 | +€84,776 | +482.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,959 | €2,978 | +€20 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,548 | €3,548 | = | 0.0% |
| Other operating charges | 640/8 | €1,655 | €1,547 | -€108 | -6.5% |
| Non-recurring operating charges | 66A | - | €73,776 | +€73,776 | |
| Gross operating margin | 9900 | -€2,959 | -€2,978 | -€20 | -0.7% |
| Operating profit (loss) | 9901 | -€8,163 | -€81,850 | -€73,688 | -902.8% |
| Financial charges | 65/66B | €1,689 | €1,578 | -€111 | -6.5% |
| Recurring financial charges | 65 | €1,689 | €1,578 | -€111 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,851 | -€83,428 | -€73,577 | -746.9% |
| Profit (loss) for the period | 9904 | -€9,851 | -€83,428 | -€73,577 | -746.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,851 | -€83,428 | -€73,577 | -746.9% |
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.