STUER-EGGHE 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.
STUER-EGGHE IMMO
Largest movements
- Tangible fixed assets -€241,195
down €241,195 (-5.4%), from €4.5m to €4.2m
of which Land and buildings: -€252,918
- Debts after one year -€379,535
down €379,535 (-11.4%), from €3.3m to €3.0m
- Profit (loss) carried forward +€101,993
up €101,993 (+72.7%), from -€140,301 to -€38,308
- Other debts +€96,449
up €96,449 (+24.7%), from €391,270 to €487,720
- Trade debts -€68,110
down €68,110 (-55.4%), from €122,930 to €54,821
- Gross operating margin +€131,958
up €131,958 (+28.7%), from €459,304 to €591,262
- Depreciation +€47,645
up €47,645 (+17.0%), from €279,644 to €327,289
- Financial charges +€12,832
up €12,832 (+12.3%), from €104,148 to €116,980
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,483,656 | €4,276,070 | -€207,586 | -4.6% |
| Fixed assets | 21/28 | €4,469,678 | €4,228,483 | -€241,195 | -5.4% |
| Tangible fixed assets | 22/27 | €4,469,678 | €4,228,483 | -€241,195 | -5.4% |
| Land and buildings | 22 | €4,369,489 | €4,116,571 | -€252,918 | -5.8% |
| Other tangible fixed assets | 26 | €100,189 | €111,912 | +€11,723 | +11.7% |
| Current assets | 29/58 | €13,978 | €47,587 | +€33,609 | +240.4% |
| Amounts receivable within one year | 40/41 | €2,466 | €1,940 | -€525 | -21.3% |
| Other amounts receivable | 41 | €2,466 | €1,940 | -€525 | -21.3% |
| Cash at bank and in hand | 54/58 | €11,512 | €45,368 | +€33,856 | +294.1% |
| Deferred charges and accrued income | 490/1 | - | €279 | +€279 | |
| Total equity and liabilities | 10/49 | €4,483,656 | €4,276,070 | -€207,586 | -4.6% |
| Equity | 10/15 | €290,137 | €373,530 | +€83,393 | +28.7% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €244,438 | €225,838 | -€18,600 | -7.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €244,438 | €225,838 | -€18,600 | -7.6% |
| Profit (loss) carried forward | 14 | -€140,301 | -€38,308 | +€101,993 | +72.7% |
| Amounts payable | 17/49 | €4,193,519 | €3,902,540 | -€290,979 | -6.9% |
| Amounts payable after more than one year | 17 | €3,342,706 | €2,963,172 | -€379,535 | -11.4% |
| Financial debts | 170/4 | €3,342,706 | €2,963,172 | -€379,535 | -11.4% |
| Amounts payable within one year | 42/48 | €798,260 | €846,361 | +€48,101 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €284,060 | €301,642 | +€17,582 | +6.2% |
| Trade debts | 44 | €122,930 | €54,821 | -€68,110 | -55.4% |
| Suppliers | 440/4 | €122,930 | €54,821 | -€68,110 | -55.4% |
| Taxes, remuneration and social security | 45 | - | €2,179 | +€2,179 | |
| Taxes | 450/3 | - | €2,179 | +€2,179 | |
| Other amounts payable | 47/48 | €391,270 | €487,720 | +€96,449 | +24.7% |
| Accrued charges and deferred income | 492/3 | €52,553 | €93,007 | +€40,455 | +77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279,644 | €327,289 | +€47,645 | +17.0% |
| Other operating charges | 640/8 | €59,222 | €63,600 | +€4,378 | +7.4% |
| Gross operating margin | 9900 | €459,304 | €591,262 | +€131,958 | +28.7% |
| Operating profit (loss) | 9901 | €120,438 | €200,373 | +€79,935 | +66.4% |
| Financial charges | 65/66B | €104,148 | €116,980 | +€12,832 | +12.3% |
| Recurring financial charges | 65 | €104,148 | €116,980 | +€12,832 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €16,290 | €83,393 | +€67,103 | +411.9% |
| Profit (loss) for the period | 9904 | €16,290 | €83,393 | +€67,103 | +411.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,290 | €83,393 | +€67,103 | +411.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.