REALESSCOPE: 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.
What changed
REALESSCOPE
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.1m
2024 · €420,705-€1.6m
Equity
€9.1m
2024 · €10.3m-€1.1m
Cash
€67,462
2024 · €301,973-€234,512
Balance sheet total
€13.7m
2024 · €15.2m-€1.5m
Largest movements
Assets
- Financial fixed assets -€1.0m
down €1.0m (-50.6%), from €2.0m to €1.0m
- Tangible fixed assets -€475,296
down €475,296 (-5.2%), from €9.1m to €8.6m
of which Land and buildings: -€638,108
- Receivables after one year +€433,430
up €433,430 (+32.2%), from €1.3m to €1.8m
- Receivables within one year -€286,328
down €286,328 (-40.2%), from €712,137 to €425,808
of which Other amounts receivable: -€297,313
- Cash -€234,512
down €234,512 (-77.7%), from €301,973 to €67,462
mainly Net result for the year (-€1.1m) and Receivables after one year (-€433,430)
Equity and liabilities
- Profit (loss) carried forward -€755,977
new in 2025: -€755,977
- Reserves -€377,818
down €377,818 (-11.9%), from €3.2m to €2.8m
of which Tax-exempt reserves: -€377,818
- Short-term financial debts +€216,817
new in 2025: €216,817
- Debts after one year -€168,563
down €168,563 (-5.7%), from €3.0m to €2.8m
Income statement
- Other operating charges +€1.5m
up €1.5m (+1,042%), from €148,167 to €1.7m
- Gross operating margin -€116,684
down €116,684 (-8.3%), from €1.4m to €1.3m
- Taxes -€96,793
down €96,793 (-99.5%), from €97,303 to €510
- Financial income -€73,351
down €73,351 (-73.4%), from €99,989 to €26,638
of which Financial income: -€88,350
- Depreciation +€34,037
up €34,037 (+5.4%), from €624,670 to €658,707
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.
Result 2024
€420,705
Gross operating margin
-€116,684
Depreciation
-€34,037
Other operating charges
-€1.5m
Other operating items
-€1,911
Financial income
-€73,351
Financial charges
+€13,858
Taxes
+€96,793
Deferred taxes and other
+€104,350
Result 2025
-€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€978,361
Investment
+€844,089
Financing
-€100,240
Cash 2024
€301,973
From operations (derived)
-€978,361
Net result for the year
-€1.1m
Depreciation
+€658,707
Receivables after one year
-€433,430
Stocks and contracts
-€59,837
Receivables within one year
+€286,328
Deferred charges and accrued income
-€5,521
Provisions
-€125,939
Trade debts
-€102,648
Tax, wage and social debts
-€41,222
Advances received
-€2,712
Other debts
+€36,174
Accrued charges and deferred income
-€54,468
Investment (derived)
+€844,089
Investment in fixed assets (net)
+€844,089
Financing
-€100,240
Debts after one year
-€168,563
Current portion of long-term debt
-€148,494
Short-term financial debts
+€216,817
Cash 2025
€67,462
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,218,895 | €13,694,047 | -€1.5m | -10.0% |
| Fixed assets | 21/28 | €11,144,222 | €9,641,426 | -€1.5m | -13.5% |
| Tangible fixed assets | 22/27 | €9,112,072 | €8,636,776 | -€475,296 | -5.2% |
| Land and buildings | 22 | €8,924,675 | €8,286,567 | -€638,108 | -7.1% |
| Plant, machinery and equipment | 23 | €4,195 | €4,607 | +€412 | +9.8% |
| Furniture and vehicles | 24 | €70,460 | €53,350 | -€17,110 | -24.3% |
| Assets under construction and advance payments | 27 | €112,742 | €292,252 | +€179,510 | +159% |
| Financial fixed assets | 28 | €2,032,150 | €1,004,650 | -€1.0m | -50.6% |
| Current assets | 29/58 | €4,074,673 | €4,052,621 | -€22,052 | -0.5% |
| Amounts receivable after more than one year | 29 | €1,345,965 | €1,779,395 | +€433,430 | +32.2% |
| Other amounts receivable | 291 | €1,345,965 | €1,779,395 | +€433,430 | +32.2% |
| Stocks and contracts in progress | 3 | €1,686,043 | €1,745,880 | +€59,837 | +3.5% |
| Stocks | 30/36 | €1,686,043 | €1,745,880 | +€59,837 | +3.5% |
| Amounts receivable within one year | 40/41 | €712,137 | €425,808 | -€286,328 | -40.2% |
| Trade receivables | 40 | €158,393 | €169,377 | +€10,984 | +6.9% |
| Other amounts receivable | 41 | €553,744 | €256,431 | -€297,313 | -53.7% |
| Cash at bank and in hand | 54/58 | €301,973 | €67,462 | -€234,512 | -77.7% |
| Deferred charges and accrued income | 490/1 | €28,555 | €34,076 | +€5,521 | +19.3% |
| Total equity and liabilities | 10/49 | €15,218,895 | €13,694,047 | -€1.5m | -10.0% |
| Equity | 10/15 | €10,253,952 | €9,120,158 | -€1.1m | -11.1% |
| Contributions | 10/11 | €7,070,884 | €7,070,884 | = | 0.0% |
| Capital | 10 | €7,070,884 | €7,070,884 | = | 0.0% |
| Issued capital | 100 | €7,070,884 | €7,070,884 | = | 0.0% |
| Reserves | 13 | €3,183,068 | €2,805,251 | -€377,818 | -11.9% |
| Non-distributable reserves | 130/1 | €707,088 | €707,088 | = | 0.0% |
| Legal reserve | 130 | €707,088 | €707,088 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,105,382 | €1,727,565 | -€377,818 | -17.9% |
| Distributable reserves | 133 | €370,598 | €370,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€755,977 | -€755,977 | |
| Provisions and deferred taxes | 16 | €701,794 | €575,855 | -€125,939 | -17.9% |
| Deferred taxes | 168 | €701,794 | €575,855 | -€125,939 | -17.9% |
| Amounts payable | 17/49 | €4,263,149 | €3,998,034 | -€265,115 | -6.2% |
| Amounts payable after more than one year | 17 | €2,965,149 | €2,796,586 | -€168,563 | -5.7% |
| Financial debts | 170/4 | €2,965,149 | €2,796,586 | -€168,563 | -5.7% |
| Amounts payable within one year | 42/48 | €1,188,109 | €1,146,025 | -€42,084 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €490,701 | €342,207 | -€148,494 | -30.3% |
| Financial debts | 43 | - | €216,817 | +€216,817 | |
| Credit institutions | 430/8 | - | €216,817 | +€216,817 | |
| Trade debts | 44 | €167,431 | €64,783 | -€102,648 | -61.3% |
| Suppliers | 440/4 | €167,431 | €64,783 | -€102,648 | -61.3% |
| Advances received on contracts in progress | 46 | €2,812 | €100 | -€2,712 | -96.4% |
| Taxes, remuneration and social security | 45 | €211,981 | €170,759 | -€41,222 | -19.4% |
| Taxes | 450/3 | €207,481 | €166,259 | -€41,222 | -19.9% |
| Remuneration and social security | 454/9 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 47/48 | €315,185 | €351,359 | +€36,174 | +11.5% |
| Accrued charges and deferred income | 492/3 | €109,891 | €55,423 | -€54,468 | -49.6% |
| Non-recurring operating income | 76A | €364,448 | - | -€364,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624,670 | €658,707 | +€34,037 | +5.4% |
| Other operating charges | 640/8 | €148,167 | €1,691,685 | +€1.5m | +1,042% |
| Non-recurring operating charges | 66A | - | €1,911 | +€1,911 | |
| Gross operating margin | 9900 | €1,407,239 | €1,290,556 | -€116,684 | -8.3% |
| Operating profit (loss) | 9901 | €634,402 | -€1,061,747 | -€1.7m | |
| Financial income | 75/76B | €99,989 | €26,638 | -€73,351 | -73.4% |
| Recurring financial income | 75 | €89,423 | €1,072 | -€88,350 | -98.8% |
| Non-recurring financial income | 76B | €10,566 | €25,565 | +€14,999 | +142% |
| Financial charges | 65/66B | €237,973 | €224,115 | -€13,858 | -5.8% |
| Recurring financial charges | 65 | €237,973 | €224,115 | -€13,858 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €496,418 | -€1,259,224 | -€1.8m | |
| Transfer from deferred taxes | 780 | €21,590 | €125,939 | +€104,350 | +483% |
| Income taxes | 67/77 | €97,303 | €510 | -€96,793 | -99.5% |
| Profit (loss) for the period | 9904 | €420,705 | -€1,133,795 | -€1.6m | |
| Transfer from tax-exempt reserves | 789 | €64,769 | €377,818 | +€313,049 | +483% |
| Profit (loss) for the period to be appropriated | 9905 | €485,474 | -€755,977 | -€1.2m |
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 19 October 2026 via checked.be.