POST-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.
POST-IMMO
Largest movements
- Cash +€87,411
up €87,411 (+496%), from €17,635 to €105,046
mainly Advances received (+€90,000) and Depreciation (+€33,008)
- Tangible fixed assets -€33,008
down €33,008 (-5.9%), from €555,391 to €522,383
- Advances received +€90,000
new in 2025: €90,000
- Reserves -€43,554
down €43,554 (-63.1%), from €68,986 to €25,432
- Debts after one year -€33,367
down €33,367 (-14.1%), from €237,358 to €203,991
of which Financial debts: -€33,367
- Profit (loss) carried forward +€24,055
up €24,055 (+36.9%), from -€65,229 to -€41,174
- Other debts +€18,723
up €18,723 (+17.3%), from €108,237 to €126,960
- Taxes +€5,175
up €5,175 (+170%), from €3,038 to €8,213
- Gross operating margin +€3,797
up €3,797 (+4.8%), from €78,614 to €82,411
- Financial charges -€3,060
down €3,060 (-23.1%), from €13,243 to €10,183
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 | €583,932 | €640,173 | +€56,241 | +9.6% |
| Fixed assets | 21/28 | €555,391 | €522,383 | -€33,008 | -5.9% |
| Tangible fixed assets | 22/27 | €555,391 | €522,383 | -€33,008 | -5.9% |
| Land and buildings | 22 | €555,391 | €522,383 | -€33,008 | -5.9% |
| Current assets | 29/58 | €28,541 | €117,790 | +€89,249 | +313% |
| Amounts receivable within one year | 40/41 | €6,962 | €8,749 | +€1,787 | +25.7% |
| Other amounts receivable | 41 | €6,962 | €8,749 | +€1,787 | +25.7% |
| Cash at bank and in hand | 54/58 | €17,635 | €105,046 | +€87,411 | +496% |
| Deferred charges and accrued income | 490/1 | €3,944 | €3,995 | +€51 | +1.3% |
| Total equity and liabilities | 10/49 | €583,932 | €640,173 | +€56,241 | +9.6% |
| Equity | 10/15 | €202,523 | €183,024 | -€19,499 | -9.6% |
| Contributions | 10/11 | €148,592 | €148,592 | = | 0.0% |
| Revaluation surpluses | 12 | €50,174 | €50,174 | = | 0.0% |
| Reserves | 13 | €68,986 | €25,432 | -€43,554 | -63.1% |
| Distributable reserves | 133 | €68,986 | €25,432 | -€43,554 | -63.1% |
| Profit (loss) carried forward | 14 | -€65,229 | -€41,174 | +€24,055 | +36.9% |
| Amounts payable | 17/49 | €381,409 | €457,149 | +€75,740 | +19.9% |
| Amounts payable after more than one year | 17 | €237,358 | €203,991 | -€33,367 | -14.1% |
| Financial debts | 170/4 | €47,358 | €13,991 | -€33,367 | -70.5% |
| Other amounts payable | 178/9 | €190,000 | €190,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €144,051 | €253,158 | +€109,107 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | €35,814 | €33,367 | -€2,447 | -6.8% |
| Advances received on contracts in progress | 46 | - | €90,000 | +€90,000 | |
| Taxes, remuneration and social security | 45 | €0 | €2,831 | +€2,831 | |
| Taxes | 450/3 | €0 | €2,831 | +€2,831 | |
| Other amounts payable | 47/48 | €108,237 | €126,960 | +€18,723 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,008 | €33,008 | = | 0.0% |
| Other operating charges | 640/8 | €7,293 | €6,952 | -€341 | -4.7% |
| Gross operating margin | 9900 | €78,614 | €82,411 | +€3,797 | +4.8% |
| Operating profit (loss) | 9901 | €38,314 | €42,451 | +€4,138 | +10.8% |
| Financial income | 75/76B | €227 | €0 | -€227 | -100% |
| Recurring financial income | 75 | €227 | €0 | -€227 | -100% |
| Financial charges | 65/66B | €13,243 | €10,183 | -€3,060 | -23.1% |
| Recurring financial charges | 65 | €13,243 | €10,183 | -€3,060 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €25,298 | €32,269 | +€6,971 | +27.6% |
| Income taxes | 67/77 | €3,038 | €8,213 | +€5,175 | +170% |
| Profit (loss) for the period | 9904 | €22,260 | €24,055 | +€1,795 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,260 | €24,055 | +€1,795 | +8.1% |
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 17 October 2026 via checked.be.