PISUKE 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.
PISUKE IMMO
Largest movements
- Receivables within one year -€49,886
down €49,886 (-99.6%), from €50,089 to €204
- Tangible fixed assets -€11,750
down €11,750 (-5.0%), from €233,974 to €222,224
- Other debts -€64,350
down €64,350 (-22.2%), from €290,350 to €226,000
- Gross operating margin +€11,702
up €11,702 (+1548.4%), from €756 to €12,458
- Depreciation +€6,868
up €6,868 (+132.7%), from €5,175 to €12,043
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 | €290,142 | €226,351 | -€63,791 | -22.0% |
| Formation expenses | 20 | €586 | €293 | -€293 | -50.0% |
| Fixed assets | 21/28 | €233,974 | €222,224 | -€11,750 | -5.0% |
| Tangible fixed assets | 22/27 | €233,974 | €222,224 | -€11,750 | -5.0% |
| Land and buildings | 22 | €233,974 | €222,224 | -€11,750 | -5.0% |
| Current assets | 29/58 | €55,582 | €3,835 | -€51,748 | -93.1% |
| Amounts receivable within one year | 40/41 | €50,089 | €204 | -€49,886 | -99.6% |
| Other amounts receivable | 41 | €50,089 | €204 | -€49,886 | -99.6% |
| Cash at bank and in hand | 54/58 | €5,493 | €3,631 | -€1,862 | -33.9% |
| Total equity and liabilities | 10/49 | €290,142 | €226,351 | -€63,791 | -22.0% |
| Equity | 10/15 | -€208 | -€247 | -€39 | -18.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,208 | -€5,247 | -€39 | -0.7% |
| Amounts payable | 17/49 | €290,350 | €226,598 | -€63,752 | -22.0% |
| Amounts payable within one year | 42/48 | €290,350 | €226,598 | -€63,752 | -22.0% |
| Trade debts | 44 | - | €598 | +€598 | |
| Suppliers | 440/4 | - | €598 | +€598 | |
| Other amounts payable | 47/48 | €290,350 | €226,000 | -€64,350 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,175 | €12,043 | +€6,868 | +132.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €756 | €12,458 | +€11,702 | +1548.4% |
| Operating profit (loss) | 9901 | -€5,107 | €15 | +€5,122 | |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €125 | €54 | -€71 | -56.8% |
| Recurring financial charges | 65 | €125 | €54 | -€71 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,208 | -€39 | +€5,169 | +99.3% |
| Profit (loss) for the period | 9904 | -€5,208 | -€39 | +€5,169 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,208 | -€39 | +€5,169 | +99.3% |
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.