S.A. IMMOTIVE: what changed
What changed
S.A. IMMOTIVE
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€6,063
2024 · €8,626-€2,562
Equity
€57,290
2024 · €51,227+€6,063
Cash
-
2024 · €0
Balance sheet total
€1.1m
2024 · €1.2m-€94,698
Largest movements
Assets
- Tangible fixed assets -€92,553
down €92,553 (-8.9%), from €1.0m to €944,419
of which Land and buildings: -€56,224
Equity and liabilities
- Debts after one year -€128,568
down €128,568 (-16.8%), from €763,182 to €634,614
- Other debts +€60,661
up €60,661 (+42.7%), from €142,208 to €202,868
- Trade debts -€13,234
down €13,234 (-33.2%), from €39,812 to €26,578
Income statement
- Financial charges +€14,179
up €14,179 (+56.0%), from €25,309 to €39,488
- Gross operating margin +€10,977
up €10,977 (+7.4%), from €149,191 to €160,169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,626
Gross operating margin
+€10,977
Other operating charges
-€572
Financial charges
-€14,179
Taxes
+€1,212
Result 2025
€6,063
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€137,753
Investment
€0
Financing
-€137,753
Cash 2024
€0
From operations (derived)
+€137,753
Net result for the year
+€6,063
Depreciation
+€92,553
Receivables within one year
+€2,144
Trade debts
-€13,234
Tax, wage and social debts
-€10,436
Other debts
+€60,661
Financing
-€137,753
Debts after one year
-€128,568
Current portion of long-term debt
-€4,587
Short-term financial debts
-€4,597
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,231,681 | €1,136,983 | -€94,698 | -7.7% |
| Fixed assets | 21/28 | €1,036,972 | €944,419 | -€92,553 | -8.9% |
| Tangible fixed assets | 22/27 | €1,036,972 | €944,419 | -€92,553 | -8.9% |
| Land and buildings | 22 | €949,209 | €892,984 | -€56,224 | -5.9% |
| Plant, machinery and equipment | 23 | €50,845 | €29,292 | -€21,553 | -42.4% |
| Furniture and vehicles | 24 | €36,919 | €22,143 | -€14,775 | -40.0% |
| Current assets | 29/58 | €194,708 | €192,564 | -€2,144 | -1.1% |
| Amounts receivable within one year | 40/41 | €194,708 | €192,564 | -€2,144 | -1.1% |
| Trade receivables | 40 | €86,164 | €90,264 | +€4,100 | +4.8% |
| Other amounts receivable | 41 | €108,544 | €102,300 | -€6,244 | -5.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,231,681 | €1,136,983 | -€94,698 | -7.7% |
| Equity | 10/15 | €51,227 | €57,290 | +€6,063 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,627 | €38,690 | +€6,063 | +18.6% |
| Distributable reserves | 133 | €32,627 | €38,690 | +€6,063 | +18.6% |
| Amounts payable | 17/49 | €1,180,454 | €1,079,693 | -€100,761 | -8.5% |
| Amounts payable after more than one year | 17 | €763,182 | €634,614 | -€128,568 | -16.8% |
| Financial debts | 170/4 | €763,182 | €634,614 | -€128,568 | -16.8% |
| Amounts payable within one year | 42/48 | €403,572 | €431,379 | +€27,807 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €133,155 | €128,568 | -€4,587 | -3.4% |
| Financial debts | 43 | €74,857 | €70,260 | -€4,597 | -6.1% |
| Credit institutions | 430/8 | €74,857 | €70,260 | -€4,597 | -6.1% |
| Trade debts | 44 | €39,812 | €26,578 | -€13,234 | -33.2% |
| Suppliers | 440/4 | €39,812 | €26,578 | -€13,234 | -33.2% |
| Taxes, remuneration and social security | 45 | €13,540 | €3,105 | -€10,436 | -77.1% |
| Taxes | 450/3 | €13,540 | €3,105 | -€10,436 | -77.1% |
| Other amounts payable | 47/48 | €142,208 | €202,868 | +€60,661 | +42.7% |
| Accrued charges and deferred income | 492/3 | €13,700 | €13,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,553 | €92,553 | = | 0.0% |
| Other operating charges | 640/8 | €18,387 | €18,959 | +€572 | +3.1% |
| Gross operating margin | 9900 | €149,191 | €160,169 | +€10,977 | +7.4% |
| Operating profit (loss) | 9901 | €38,251 | €48,656 | +€10,405 | +27.2% |
| Financial charges | 65/66B | €25,309 | €39,488 | +€14,179 | +56.0% |
| Recurring financial charges | 65 | €25,309 | €39,488 | +€14,179 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €12,942 | €9,168 | -€3,774 | -29.2% |
| Income taxes | 67/77 | €4,316 | €3,105 | -€1,212 | -28.1% |
| Profit (loss) for the period | 9904 | €8,626 | €6,063 | -€2,562 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,626 | €6,063 | -€2,562 | -29.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.