SO'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.
SO'IMMO
Largest movements
- Tangible fixed assets +€43,295
up €43,295 (+8.0%), from €541,522 to €584,818
of which Land and buildings: +€47,615
- Cash -€20,834
down €20,834 (-79.6%), from €26,171 to €5,337
mainly Investment in fixed assets (net) (-€81,514) and Debts after one year (-€54,131)
- Receivables within one year -€20,423
down €20,423 (-46.1%), from €44,272 to €23,848
of which Other amounts receivable: -€13,023
- Other debts +€66,389
up €66,389 (+327.6%), from €20,262 to €86,651
- Debts after one year -€54,131
down €54,131 (-24.0%), from €225,640 to €171,508
- Short-term financial debts -€28,384
down €28,384 (-33.4%), from €85,016 to €56,632
- Trade debts +€16,557
up €16,557 (+21.0%), from €78,720 to €95,277
- Gross operating margin +€2,642
up €2,642 (+4.3%), from €60,796 to €63,438
- Financial charges -€2,488
down €2,488 (-27.3%), from €9,108 to €6,620
- Taxes +€1,139
up €1,139 (+75.2%), from €1,514 to €2,652
- Other operating charges +€793
up €793 (+7.0%), from €11,317 to €12,109
- Depreciation +€710
up €710 (+1.9%), from €37,509 to €38,219
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
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 | €619,438 | €621,987 | +€2,549 | +0.4% |
| Fixed assets | 21/28 | €541,522 | €584,818 | +€43,295 | +8.0% |
| Tangible fixed assets | 22/27 | €541,522 | €584,818 | +€43,295 | +8.0% |
| Land and buildings | 22 | €535,272 | €582,886 | +€47,615 | +8.9% |
| Furniture and vehicles | 24 | €4,184 | €1,931 | -€2,252 | -53.8% |
| Leasing and similar rights | 25 | €2,067 | €0 | -€2,067 | -100.0% |
| Current assets | 29/58 | €77,916 | €37,170 | -€40,746 | -52.3% |
| Amounts receivable within one year | 40/41 | €44,272 | €23,848 | -€20,423 | -46.1% |
| Trade receivables | 40 | €8,010 | €609 | -€7,401 | -92.4% |
| Other amounts receivable | 41 | €36,262 | €23,239 | -€13,023 | -35.9% |
| Cash at bank and in hand | 54/58 | €26,171 | €5,337 | -€20,834 | -79.6% |
| Deferred charges and accrued income | 490/1 | €7,473 | €7,985 | +€512 | +6.8% |
| Total equity and liabilities | 10/49 | €619,438 | €621,987 | +€2,549 | +0.4% |
| Equity | 10/15 | €147,656 | €151,737 | +€4,081 | +2.8% |
| Contributions | 10/11 | €100,440 | €100,440 | = | 0.0% |
| Contributions outside capital | 11 | €100,440 | €100,440 | = | 0.0% |
| Other | 1109/19 | €100,440 | €100,440 | = | 0.0% |
| Reserves | 13 | €47,216 | €51,297 | +€4,081 | +8.6% |
| Distributable reserves | 133 | €47,216 | €51,297 | +€4,081 | +8.6% |
| Amounts payable | 17/49 | €471,782 | €470,250 | -€1,531 | -0.3% |
| Amounts payable after more than one year | 17 | €225,640 | €171,508 | -€54,131 | -24.0% |
| Financial debts | 170/4 | €225,640 | €171,508 | -€54,131 | -24.0% |
| Amounts payable within one year | 42/48 | €241,783 | €294,416 | +€52,633 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €55,051 | €54,131 | -€920 | -1.7% |
| Financial debts | 43 | €85,016 | €56,632 | -€28,384 | -33.4% |
| Credit institutions | 430/8 | €85,016 | €56,632 | -€28,384 | -33.4% |
| Trade debts | 44 | €78,720 | €95,277 | +€16,557 | +21.0% |
| Suppliers | 440/4 | €78,720 | €95,277 | +€16,557 | +21.0% |
| Taxes, remuneration and social security | 45 | €2,734 | €1,725 | -€1,009 | -36.9% |
| Taxes | 450/3 | €2,734 | €1,725 | -€1,009 | -36.9% |
| Other amounts payable | 47/48 | €20,262 | €86,651 | +€66,389 | +327.6% |
| Accrued charges and deferred income | 492/3 | €4,359 | €4,326 | -€33 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,509 | €38,219 | +€710 | +1.9% |
| Other operating charges | 640/8 | €11,317 | €12,109 | +€793 | +7.0% |
| Gross operating margin | 9900 | €60,796 | €63,438 | +€2,642 | +4.3% |
| Operating profit (loss) | 9901 | €11,970 | €13,110 | +€1,140 | +9.5% |
| Financial income | 75/76B | - | €243 | +€243 | |
| Recurring financial income | 75 | - | €243 | +€243 | |
| Financial charges | 65/66B | €9,108 | €6,620 | -€2,488 | -27.3% |
| Recurring financial charges | 65 | €9,108 | €6,620 | -€2,488 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €2,862 | €6,733 | +€3,870 | +135.2% |
| Income taxes | 67/77 | €1,514 | €2,652 | +€1,139 | +75.2% |
| Profit (loss) for the period | 9904 | €1,349 | €4,081 | +€2,732 | +202.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,349 | €4,081 | +€2,732 | +202.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.