RESO 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.
RESO IMMO
Largest movements
- Receivables within one year +€30,420
up €30,420 (+183.6%), from €16,566 to €46,986
of which Trade receivables: +€30,420
- Tangible fixed assets -€17,165
down €17,165 (-3.1%), from €555,551 to €538,386
- Deferred charges and accrued income -€12,987
down €12,987 (-10.4%), from €124,750 to €111,763
- Short-term financial debts +€30,051
up €30,051 (+16.9%), from €177,616 to €207,667
- Other debts +€25,964
up €25,964 (+16.4%), from €158,539 to €184,503
- Debts after one year -€18,959
down €18,959 (-4.0%), from €476,308 to €457,349
- Current portion of long-term debt -€18,758
down €18,758 (-49.7%), from €37,761 to €19,003
- Gross operating margin -€20,833
down €20,833 (-35.5%), from €58,731 to €37,898
- Financial income +€17,738
new in 2025: €17,738
of which Financial income: +€17,738
- Financial charges +€16,230
up €16,230 (+137.0%), from €11,849 to €28,079
- Purchases and services +€5,312
up €5,312 (+60.3%), from €8,816 to €14,128
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,159,016 | €1,159,284 | +€268 | 0.0% |
| Fixed assets | 21/28 | €555,551 | €538,386 | -€17,165 | -3.1% |
| Tangible fixed assets | 22/27 | €555,551 | €538,386 | -€17,165 | -3.1% |
| Land and buildings | 22 | €555,551 | €538,386 | -€17,165 | -3.1% |
| Current assets | 29/58 | €603,465 | €620,898 | +€17,433 | +2.9% |
| Stocks and contracts in progress | 3 | €462,149 | €462,149 | = | 0.0% |
| Stocks | 30/36 | €462,149 | €462,149 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,566 | €46,986 | +€30,420 | +183.6% |
| Trade receivables | 40 | €16,380 | €46,800 | +€30,420 | +185.7% |
| Other amounts receivable | 41 | €186 | €186 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €124,750 | €111,763 | -€12,987 | -10.4% |
| Total equity and liabilities | 10/49 | €1,159,016 | €1,159,284 | +€268 | 0.0% |
| Equity | 10/15 | €44,161 | €35,035 | -€9,126 | -20.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,839 | -€14,965 | -€9,126 | -156.3% |
| Amounts payable | 17/49 | €1,114,855 | €1,124,249 | +€9,394 | +0.8% |
| Amounts payable after more than one year | 17 | €476,308 | €457,349 | -€18,959 | -4.0% |
| Financial debts | 170/4 | €476,308 | €457,349 | -€18,959 | -4.0% |
| Amounts payable within one year | 42/48 | €638,547 | €666,900 | +€28,353 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €37,761 | €19,003 | -€18,758 | -49.7% |
| Financial debts | 43 | €177,616 | €207,667 | +€30,051 | +16.9% |
| Credit institutions | 430/8 | €177,616 | €207,667 | +€30,051 | +16.9% |
| Trade debts | 44 | €264,631 | €255,727 | -€8,904 | -3.4% |
| Suppliers | 440/4 | €264,631 | €255,727 | -€8,904 | -3.4% |
| Other amounts payable | 47/48 | €158,539 | €184,503 | +€25,964 | +16.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,816 | €14,128 | +€5,312 | +60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,618 | €17,165 | +€547 | +3.3% |
| Other operating charges | 640/8 | €2,902 | €2,932 | +€30 | +1.0% |
| Non-recurring operating charges | 66A | €20,470 | €16,586 | -€3,884 | -19.0% |
| Gross operating margin | 9900 | €58,731 | €37,898 | -€20,833 | -35.5% |
| Operating profit (loss) | 9901 | €18,741 | €1,215 | -€17,526 | -93.5% |
| Financial income | 75/76B | - | €17,738 | +€17,738 | |
| Recurring financial income | 75 | - | €17,738 | +€17,738 | |
| Non-recurring financial income | 76B | - | €17,738 | +€17,738 | |
| Financial charges | 65/66B | €11,849 | €28,079 | +€16,230 | +137.0% |
| Recurring financial charges | 65 | €11,849 | €28,079 | +€16,230 | +137.0% |
| Profit (loss) for the period before taxes | 9903 | €6,892 | -€9,126 | -€16,018 | |
| Profit (loss) for the period | 9904 | €6,892 | -€9,126 | -€16,018 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,892 | -€9,126 | -€16,018 |
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.