PHOTIMMO: 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.
PHOTIMMO
Largest movements
- Tangible fixed assets -€8,722
down €8,722 (-11.6%), from €74,946 to €66,223
- Receivables within one year +€5,081
up €5,081 (+20.1%), from €25,267 to €30,348
of which Other amounts receivable: +€6,581
- Deferred charges and accrued income +€1,229
up €1,229 (+1,722%), from €71 to €1,300
- Debts after one year -€6,684
down €6,684 (-15.9%), from €42,159 to €35,476
of which Financial debts: -€5,990
- Profit (loss) carried forward +€5,034
up €5,034 (+13.6%), from €37,085 to €42,119
- Gross operating margin +€2,041
up €2,041 (+11.4%), from €17,841 to €19,882
- Taxes +€317
up €317 (+26.2%), from €1,208 to €1,525
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.
Derived cash bridge
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 | €101,393 | €99,797 | -€1,597 | -1.6% |
| Fixed assets | 21/28 | €74,946 | €66,223 | -€8,722 | -11.6% |
| Tangible fixed assets | 22/27 | €74,946 | €66,223 | -€8,722 | -11.6% |
| Land and buildings | 22 | €74,946 | €66,223 | -€8,722 | -11.6% |
| Current assets | 29/58 | €26,448 | €33,573 | +€7,126 | +26.9% |
| Amounts receivable within one year | 40/41 | €25,267 | €30,348 | +€5,081 | +20.1% |
| Trade receivables | 40 | €3,210 | €1,710 | -€1,500 | -46.7% |
| Other amounts receivable | 41 | €22,057 | €28,639 | +€6,581 | +29.8% |
| Cash at bank and in hand | 54/58 | €1,109 | €1,925 | +€816 | +73.6% |
| Deferred charges and accrued income | 490/1 | €71 | €1,300 | +€1,229 | +1,722% |
| Total equity and liabilities | 10/49 | €101,393 | €99,797 | -€1,597 | -1.6% |
| Equity | 10/15 | €46,032 | €51,066 | +€5,034 | +10.9% |
| Contributions | 10/11 | €8,070 | €8,070 | = | 0.0% |
| Reserves | 13 | €877 | €877 | = | 0.0% |
| Tax-exempt reserves | 132 | €877 | €877 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,085 | €42,119 | +€5,034 | +13.6% |
| Amounts payable | 17/49 | €55,362 | €48,731 | -€6,631 | -12.0% |
| Amounts payable after more than one year | 17 | €42,159 | €35,476 | -€6,684 | -15.9% |
| Financial debts | 170/4 | €39,549 | €33,559 | -€5,990 | -15.1% |
| Other amounts payable | 178/9 | €2,610 | €1,916 | -€694 | -26.6% |
| Amounts payable within one year | 42/48 | €13,203 | €13,238 | +€35 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €5,867 | €5,990 | +€123 | +2.1% |
| Trade debts | 44 | €4,828 | €4,515 | -€313 | -6.5% |
| Suppliers | 440/4 | €4,828 | €4,515 | -€313 | -6.5% |
| Taxes, remuneration and social security | 45 | €2,508 | €2,733 | +€225 | +9.0% |
| Taxes | 450/3 | €2,508 | €2,733 | +€225 | +9.0% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,722 | €8,722 | = | 0.0% |
| Other operating charges | 640/8 | €3,298 | €3,402 | +€104 | +3.2% |
| Gross operating margin | 9900 | €17,841 | €19,882 | +€2,041 | +11.4% |
| Operating profit (loss) | 9901 | €5,821 | €7,758 | +€1,937 | +33.3% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,386 | €1,203 | -€183 | -13.2% |
| Recurring financial charges | 65 | €1,386 | €1,203 | -€183 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €4,434 | €6,559 | +€2,125 | +47.9% |
| Income taxes | 67/77 | €1,208 | €1,525 | +€317 | +26.2% |
| Profit (loss) for the period | 9904 | €3,226 | €5,034 | +€1,808 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,226 | €5,034 | +€1,808 | +56.1% |
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 13 October 2026 via checked.be.