San-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.
San-Immo
Largest movements
- Tangible fixed assets -€156,317
down €156,317 (-2.3%), from €6.9m to €6.8m
- Other debts -€195,929
down €195,929 (-11.7%), from €1.7m to €1.5m
- Financial charges -€20,033
down €20,033 (-45.7%), from €43,867 to €23,834
- Gross operating margin +€8,306
up €8,306 (+3.8%), from €217,935 to €226,241
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 | €6,973,991 | €6,810,870 | -€163,121 | -2.3% |
| Fixed assets | 21/28 | €6,916,949 | €6,760,632 | -€156,317 | -2.3% |
| Tangible fixed assets | 22/27 | €6,916,949 | €6,760,632 | -€156,317 | -2.3% |
| Land and buildings | 22 | €6,916,949 | €6,760,632 | -€156,317 | -2.3% |
| Current assets | 29/58 | €57,042 | €50,239 | -€6,804 | -11.9% |
| Amounts receivable within one year | 40/41 | €20,180 | €17,962 | -€2,218 | -11.0% |
| Other amounts receivable | 41 | €20,180 | €17,962 | -€2,218 | -11.0% |
| Cash at bank and in hand | 54/58 | €36,862 | €32,277 | -€4,586 | -12.4% |
| Total equity and liabilities | 10/49 | €6,973,991 | €6,810,870 | -€163,121 | -2.3% |
| Equity | 10/15 | €5,145,310 | €5,154,619 | +€9,308 | +0.2% |
| Contributions | 10/11 | €4,795,000 | €4,795,000 | = | 0.0% |
| Capital | 10 | €4,795,000 | €4,795,000 | = | 0.0% |
| Issued capital | 100 | €4,795,000 | €4,795,000 | = | 0.0% |
| Reserves | 13 | €350,310 | €359,619 | +€9,308 | +2.7% |
| Non-distributable reserves | 130/1 | €33,280 | €33,280 | = | 0.0% |
| Legal reserve | 130 | €33,280 | €33,280 | = | 0.0% |
| Distributable reserves | 133 | €317,030 | €326,339 | +€9,308 | +2.9% |
| Amounts payable | 17/49 | €1,828,681 | €1,656,252 | -€172,429 | -9.4% |
| Amounts payable within one year | 42/48 | €1,680,413 | €1,484,234 | -€196,179 | -11.7% |
| Trade debts | 44 | €250 | - | -€250 | |
| Suppliers | 440/4 | €250 | - | -€250 | |
| Other amounts payable | 47/48 | €1,680,163 | €1,484,234 | -€195,929 | -11.7% |
| Accrued charges and deferred income | 492/3 | €148,268 | €172,018 | +€23,750 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,924 | €161,436 | +€512 | +0.3% |
| Other operating charges | 640/8 | €32,796 | €31,664 | -€1,132 | -3.5% |
| Non-recurring operating charges | 66A | €201,789 | - | -€201,789 | |
| Gross operating margin | 9900 | €217,935 | €226,241 | +€8,306 | +3.8% |
| Operating profit (loss) | 9901 | -€177,573 | €33,142 | +€210,715 | |
| Financial income | 75/76B | €202 | €0 | -€202 | -99.9% |
| Recurring financial income | 75 | €202 | €0 | -€202 | -99.9% |
| Financial charges | 65/66B | €43,867 | €23,834 | -€20,033 | -45.7% |
| Recurring financial charges | 65 | €43,867 | €23,834 | -€20,033 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€221,238 | €9,308 | +€230,547 | |
| Profit (loss) for the period | 9904 | -€221,238 | €9,308 | +€230,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€221,238 | €9,308 | +€230,547 |
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 13 October 2026 via checked.be.