SAINT-MARTIN 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.
SAINT-MARTIN IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€54,000
up €54,000 (+10.0%), from €541,193 to €595,193
- Profit (loss) carried forward -€47,192
down €47,192 (-66.0%), from -€71,500 to -€118,692
- Depreciation -€16,492
down €16,492 (-28.4%), from €58,109 to €41,617
- Taxes -€13,475
down €13,475 (-100%), from €13,475 to €0
- Gross operating margin -€6,438
down €6,438, from €3,127 to -€3,311
- Other operating charges -€401
down €401 (-17.4%), from €2,300 to €1,899
- Financial charges -€378
down €378 (-50.9%), from €743 to €365
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 | €1,668,136 | €1,675,230 | +€7,094 | +0.4% |
| Formation expenses | 20 | €1,072 | €760 | -€312 | -29.1% |
| Fixed assets | 21/28 | €1,533,615 | €1,542,717 | +€9,102 | +0.6% |
| Intangible fixed assets | 21 | €10,587 | €8,167 | -€2,420 | -22.9% |
| Tangible fixed assets | 22/27 | €1,523,028 | €1,534,550 | +€11,522 | +0.8% |
| Land and buildings | 22 | €1,402,085 | €1,363,200 | -€38,885 | -2.8% |
| Assets under construction and advance payments | 27 | €120,943 | €171,351 | +€50,407 | +41.7% |
| Current assets | 29/58 | €133,449 | €131,753 | -€1,696 | -1.3% |
| Amounts receivable within one year | 40/41 | €132,010 | €131,072 | -€938 | -0.7% |
| Trade receivables | 40 | €131,558 | €130,620 | -€938 | -0.7% |
| Other amounts receivable | 41 | €452 | €452 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,439 | €681 | -€758 | -52.7% |
| Total equity and liabilities | 10/49 | €1,668,136 | €1,675,230 | +€7,094 | +0.4% |
| Equity | 10/15 | -€71,500 | -€118,692 | -€47,192 | -66.0% |
| Profit (loss) carried forward | 14 | -€71,500 | -€118,692 | -€47,192 | -66.0% |
| Amounts payable | 17/49 | €1,739,637 | €1,793,922 | +€54,286 | +3.1% |
| Amounts payable after more than one year | 17 | €541,193 | €595,193 | +€54,000 | +10.0% |
| Other amounts payable | 178/9 | €541,193 | €595,193 | +€54,000 | +10.0% |
| Amounts payable within one year | 42/48 | €1,198,443 | €1,198,342 | -€102 | 0.0% |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €134,969 | €134,817 | -€152 | -0.1% |
| Suppliers | 440/4 | €134,969 | €134,817 | -€152 | -0.1% |
| Taxes, remuneration and social security | 45 | €13,475 | €13,525 | +€50 | +0.4% |
| Taxes | 450/3 | €13,475 | €13,525 | +€50 | +0.4% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,109 | €41,617 | -€16,492 | -28.4% |
| Other operating charges | 640/8 | €2,300 | €1,899 | -€401 | -17.4% |
| Gross operating margin | 9900 | €3,127 | -€3,311 | -€6,438 | |
| Operating profit (loss) | 9901 | -€57,283 | -€46,827 | +€10,456 | +18.3% |
| Financial charges | 65/66B | €743 | €365 | -€378 | -50.9% |
| Recurring financial charges | 65 | €743 | €365 | -€378 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€58,026 | -€47,192 | +€10,834 | +18.7% |
| Income taxes | 67/77 | €13,475 | €0 | -€13,475 | -100% |
| Profit (loss) for the period | 9904 | -€71,500 | -€47,192 | +€24,308 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,500 | -€47,192 | +€24,308 | +34.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.