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Structimmo België: what changed

Two fiscal 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.

What changed

Structimmo België

BE 0894.259.331
NACE 55.203, Holiday cottages, homes and apartments
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€88,095
2024 · €53,872+€34,223
Equity
€235,114
2024 · €327,018-€91,905
Cash
€35,620
2024 · €7,544+€28,075
Balance sheet total
€823,325
2024 · €804,139+€19,186

Largest movements

2024 to 2025
Assets
  • Cash +€28,075

    up €28,075 (+372.1%), from €7,544 to €35,620

    mainly Other debts (+€144,172) and Net result for the year (+€88,095)

  • Tangible fixed assets -€26,857

    down €26,857 (-4.4%), from €605,865 to €579,007

    of which Plant, machinery and equipment: -€24,937

  • Receivables after one year +€15,000

    up €15,000 (+8.6%), from €175,000 to €190,000

Equity and liabilities
  • Other debts +€144,172

    up €144,172 (+378.1%), from €38,126 to €182,298

  • Reserves -€92,115

    down €92,115 (-30.8%), from €299,518 to €207,403

    of which Distributable reserves: -€89,500

  • Debts after one year -€50,527

    down €50,527 (-19.1%), from €264,895 to €214,367

  • Current portion of long-term debt -€20,772

    down €20,772 (-19.1%), from €108,534 to €87,762

  • Tax, wage and social debts +€19,190

    up €19,190 (+109.7%), from €17,486 to €36,676

    of which Taxes: +€19,263

Income statement
  • Gross operating margin +€97,159

    up €97,159 (+49.9%), from €194,794 to €291,953

  • Staff costs +€20,973

    up €20,973 (+73.3%), from €28,622 to €49,595

  • Taxes +€19,999

    up €19,999 (+82.5%), from €24,254 to €44,254

  • Depreciation +€5,801

    up €5,801 (+8.6%), from €67,590 to €73,392

  • Financial income +€3,739

    up €3,739 (+83.5%), from €4,479 to €8,218

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €53,872
Gross operating margin +€97,159
Staff costs -€20,973
Depreciation -€5,801
Other operating charges -€3,268
Other operating items -€15,580
Financial income +€3,739
Financial charges -€1,053
Taxes -€19,999
Result 2025 €88,095

Cash bridge derived

cash 2024 to 2025

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.

From operations +€325,911
Investment -€46,534
Financing -€251,302
Cash 2024 €7,544
Net result for the year +€88,095
Depreciation +€73,392
Receivables after one year -€15,000
Smaller working-capital items +€519
Receivables within one year +€2,332
Deferred charges and accrued income -€5,470
Provisions -€654
Trade debts +€13,028
Tax, wage and social debts +€19,190
Other debts +€144,172
Accrued charges and deferred income +€6,307
Investment in fixed assets (net) -€46,534
Debts after one year -€50,527
Current portion of long-term debt -€20,772
Short-term financial debts -€2
Contributions, distributions and other -€180,000
Cash 2025 €35,620
Every line side by side 57 lines
Line Code 2024 2025 Change %
Total assets 20/58 €804,139 €823,325 +€19,186 +2.4%
Fixed assets 21/28 €605,865 €579,007 -€26,857 -4.4%
Tangible fixed assets 22/27 €605,865 €579,007 -€26,857 -4.4%
Land and buildings 22 €520,872 €497,437 -€23,435 -4.5%
Plant, machinery and equipment 23 €36,633 €11,696 -€24,937 -68.1%
Furniture and vehicles 24 €48,359 €69,875 +€21,515 +44.5%
Current assets 29/58 €198,274 €244,317 +€46,043 +23.2%
Amounts receivable after more than one year 29 €175,000 €190,000 +€15,000 +8.6%
Other amounts receivable 291 €175,000 €190,000 +€15,000 +8.6%
Stocks and contracts in progress 3 €7,169 €6,999 -€170 -2.4%
Stocks 30/36 €7,169 €6,999 -€170 -2.4%
Amounts receivable within one year 40/41 €7,985 €5,653 -€2,332 -29.2%
Trade receivables 40 €6,298 €4,154 -€2,144 -34.0%
Other amounts receivable 41 €1,687 €1,499 -€187 -11.1%
Cash at bank and in hand 54/58 €7,544 €35,620 +€28,075 +372.1%
Deferred charges and accrued income 490/1 €575 €6,045 +€5,470 +951.3%
Total equity and liabilities 10/49 €804,139 €823,325 +€19,186 +2.4%
Equity 10/15 €327,018 €235,114 -€91,905 -28.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €299,518 €207,403 -€92,115 -30.8%
Tax-exempt reserves 132 €3,518 €903 -€2,615 -74.3%
Distributable reserves 133 €296,000 €206,500 -€89,500 -30.2%
Profit (loss) carried forward 14 €8,900 €9,111 +€211 +2.4%
Provisions and deferred taxes 16 €880 €226 -€654 -74.3%
Deferred taxes 168 €880 €226 -€654 -74.3%
Amounts payable 17/49 €476,241 €587,985 +€111,744 +23.5%
Amounts payable after more than one year 17 €264,895 €214,367 -€50,527 -19.1%
Financial debts 170/4 €264,895 €214,367 -€50,527 -19.1%
Amounts payable within one year 42/48 €211,346 €367,311 +€155,965 +73.8%
Current portion of amounts payable after more than one year 42 €108,534 €87,762 -€20,772 -19.1%
Financial debts 43 €20,903 €20,901 -€2 0.0%
Credit institutions 430/8 €20,903 €20,901 -€2 0.0%
Trade debts 44 €26,264 €39,292 +€13,028 +49.6%
Suppliers 440/4 €26,264 €39,292 +€13,028 +49.6%
Advances received on contracts in progress 46 €32 €382 +€349 +1077.1%
Taxes, remuneration and social security 45 €17,486 €36,676 +€19,190 +109.7%
Taxes 450/3 €12,136 €31,399 +€19,263 +158.7%
Remuneration and social security 454/9 €5,350 €5,276 -€74 -1.4%
Other amounts payable 47/48 €38,126 €182,298 +€144,172 +378.1%
Accrued charges and deferred income 492/3 - €6,307 +€6,307
Non-recurring operating income 76A €12,800 €18 -€12,782 -99.9%
Remuneration, social security and pensions 62 €28,622 €49,595 +€20,973 +73.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €67,590 €73,392 +€5,801 +8.6%
Other operating charges 640/8 €9,472 €12,740 +€3,268 +34.5%
Non-recurring operating charges 66A €4,140 €19,720 +€15,580 +376.3%
Gross operating margin 9900 €194,794 €291,953 +€97,159 +49.9%
Operating profit (loss) 9901 €84,970 €136,507 +€51,537 +60.7%
Financial income 75/76B €4,479 €8,218 +€3,739 +83.5%
Recurring financial income 75 €4,479 €8,218 +€3,739 +83.5%
Financial charges 65/66B €11,976 €13,029 +€1,053 +8.8%
Recurring financial charges 65 €11,976 €13,029 +€1,053 +8.8%
Profit (loss) for the period before taxes 9903 €77,473 €131,695 +€54,223 +70.0%
Transfer from deferred taxes 780 €654 €654 = 0.0%
Income taxes 67/77 €24,254 €44,254 +€19,999 +82.5%
Profit (loss) for the period 9904 €53,872 €88,095 +€34,223 +63.5%
Transfer from tax-exempt reserves 789 €2,615 €2,615 = 0.0%
Profit (loss) for the period to be appropriated 9905 €56,487 €90,711 +€34,223 +60.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.