STURBOIS 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.
STURBOIS IMMO
Largest movements
- Cash +€65,626
up €65,626 (+231%), from €28,389 to €94,015
mainly Net result for the year (+€52,937) and Debts after one year (+€36,663)
- Tangible fixed assets +€54,674
up €54,674 (+50.0%), from €109,286 to €163,960
of which Land and buildings: +€53,624
- Reserves +€52,937
up €52,937 (+72.9%), from €72,654 to €125,592
of which Distributable reserves: +€52,937
- Debts after one year +€36,663
new in 2025: €36,663
- Trade debts +€10,863
new in 2025: €10,863
- Tax, wage and social debts +€10,358
up €10,358 (+40.9%), from €25,355 to €35,713
- Current portion of long-term debt +€9,479
new in 2025: €9,479
- Gross operating margin +€14,576
up €14,576 (+17.1%), from €85,258 to €99,835
- Taxes +€2,648
up €2,648 (+12.3%), from €21,557 to €24,205
- Financial charges +€1,045
new in 2025: €1,045
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 | €194,753 | €315,054 | +€120,301 | +61.8% |
| Fixed assets | 21/28 | €109,286 | €163,960 | +€54,674 | +50.0% |
| Tangible fixed assets | 22/27 | €109,286 | €163,960 | +€54,674 | +50.0% |
| Land and buildings | 22 | €107,462 | €161,086 | +€53,624 | +49.9% |
| Furniture and vehicles | 24 | €1,824 | €2,874 | +€1,050 | +57.6% |
| Current assets | 29/58 | €85,467 | €151,094 | +€65,626 | +76.8% |
| Amounts receivable within one year | 40/41 | €57,079 | €57,079 | = | 0.0% |
| Other amounts receivable | 41 | €57,079 | €57,079 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,389 | €94,015 | +€65,626 | +231% |
| Total equity and liabilities | 10/49 | €194,753 | €315,054 | +€120,301 | +61.8% |
| Equity | 10/15 | €169,398 | €222,336 | +€52,937 | +31.3% |
| Contributions | 10/11 | €53,067 | €53,067 | = | 0.0% |
| Reserves | 13 | €72,654 | €125,592 | +€52,937 | +72.9% |
| Non-distributable reserves | 130/1 | €7,506 | €7,506 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,268 | €5,268 | = | 0.0% |
| Other | 1319 | €2,239 | €2,239 | = | 0.0% |
| Distributable reserves | 133 | €65,148 | €118,085 | +€52,937 | +81.3% |
| Profit (loss) carried forward | 14 | €43,676 | €43,676 | = | 0.0% |
| Amounts payable | 17/49 | €25,355 | €92,718 | +€67,363 | +266% |
| Amounts payable after more than one year | 17 | - | €36,663 | +€36,663 | |
| Financial debts | 170/4 | - | €36,663 | +€36,663 | |
| Amounts payable within one year | 42/48 | €25,355 | €56,055 | +€30,700 | +121% |
| Current portion of amounts payable after more than one year | 42 | - | €9,479 | +€9,479 | |
| Trade debts | 44 | - | €10,863 | +€10,863 | |
| Suppliers | 440/4 | - | €10,863 | +€10,863 | |
| Taxes, remuneration and social security | 45 | €25,355 | €35,713 | +€10,358 | +40.9% |
| Taxes | 450/3 | €25,355 | €35,713 | +€10,358 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,031 | €9,989 | -€41 | -0.4% |
| Other operating charges | 640/8 | €11,570 | €11,658 | +€88 | +0.8% |
| Gross operating margin | 9900 | €85,258 | €99,835 | +€14,576 | +17.1% |
| Operating profit (loss) | 9901 | €63,657 | €78,187 | +€14,530 | +22.8% |
| Financial charges | 65/66B | - | €1,045 | +€1,045 | |
| Recurring financial charges | 65 | - | €1,045 | +€1,045 | |
| Profit (loss) for the period before taxes | 9903 | €63,657 | €77,142 | +€13,485 | +21.2% |
| Income taxes | 67/77 | €21,557 | €24,205 | +€2,648 | +12.3% |
| Profit (loss) for the period | 9904 | €42,101 | €52,937 | +€10,837 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,101 | €52,937 | +€10,837 | +25.7% |
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 24 October 2026 via checked.be.