RP-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.
RP-IMMO
Largest movements
- Tangible fixed assets -€13,522
down €13,522 (-3.9%), from €344,460 to €330,938
of which Land and buildings: -€9,260
- Debts after one year -€23,190
down €23,190 (-8.7%), from €266,478 to €243,289
of which Financial debts: -€23,190
- Reserves +€13,634
up €13,634 (+75.2%), from €18,126 to €31,760
of which Distributable reserves: +€13,634
- Trade debts -€7,657
no longer reported in 2025 (was €7,657)
- Other debts +€3,847
up €3,847 (+10.3%), from €37,278 to €41,125
- Gross operating margin +€13,310
up €13,310 (+41.3%), from €32,238 to €45,548
- Taxes +€3,252
new in 2025: €3,252
- Financial charges -€926
down €926 (-7.9%), from €11,653 to €10,727
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 | €359,323 | €346,815 | -€12,507 | -3.5% |
| Fixed assets | 21/28 | €344,460 | €330,938 | -€13,522 | -3.9% |
| Tangible fixed assets | 22/27 | €344,460 | €330,938 | -€13,522 | -3.9% |
| Land and buildings | 22 | €325,380 | €316,119 | -€9,260 | -2.8% |
| Plant, machinery and equipment | 23 | €19,080 | €14,818 | -€4,262 | -22.3% |
| Current assets | 29/58 | €14,863 | €15,878 | +€1,015 | +6.8% |
| Amounts receivable within one year | 40/41 | €6,956 | €8,171 | +€1,215 | +17.5% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €6,956 | €6,356 | -€600 | -8.6% |
| Cash at bank and in hand | 54/58 | €7,907 | €5,207 | -€2,700 | -34.1% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €359,323 | €346,815 | -€12,507 | -3.5% |
| Equity | 10/15 | €24,326 | €37,960 | +€13,634 | +56.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,126 | €31,760 | +€13,634 | +75.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,266 | €29,900 | +€13,634 | +83.8% |
| Amounts payable | 17/49 | €334,997 | €308,856 | -€26,141 | -7.8% |
| Amounts payable after more than one year | 17 | €266,478 | €243,289 | -€23,190 | -8.7% |
| Financial debts | 170/4 | €248,878 | €225,689 | -€23,190 | -9.3% |
| Other amounts payable | 178/9 | €17,600 | €17,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,518 | €65,567 | -€2,951 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €23,583 | €23,190 | -€394 | -1.7% |
| Trade debts | 44 | €7,657 | - | -€7,657 | |
| Suppliers | 440/4 | €7,657 | - | -€7,657 | |
| Taxes, remuneration and social security | 45 | - | €1,252 | +€1,252 | |
| Taxes | 450/3 | - | €1,252 | +€1,252 | |
| Other amounts payable | 47/48 | €37,278 | €41,125 | +€3,847 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,522 | €13,522 | = | 0.0% |
| Other operating charges | 640/8 | €4,292 | €4,422 | +€130 | +3.0% |
| Gross operating margin | 9900 | €32,238 | €45,548 | +€13,310 | +41.3% |
| Operating profit (loss) | 9901 | €14,423 | €27,603 | +€13,180 | +91.4% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €11,653 | €10,727 | -€926 | -7.9% |
| Recurring financial charges | 65 | €11,653 | €10,727 | -€926 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €2,770 | €16,886 | +€14,116 | +510% |
| Income taxes | 67/77 | - | €3,252 | +€3,252 | |
| Profit (loss) for the period | 9904 | €2,770 | €13,634 | +€10,863 | +392% |
| Profit (loss) for the period to be appropriated | 9905 | €2,770 | €13,634 | +€10,863 | +392% |
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 15 October 2026 via checked.be.