T.P. 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.
T.P. IMMO
Largest movements
- Tangible fixed assets -€6,163
down €6,163 (-17.9%), from €34,519 to €28,356
of which Land and buildings: -€6,163
- Profit (loss) carried forward -€10,387
down €10,387 (-5.1%), from -€203,925 to -€214,312
- Other debts +€4,700
up €4,700 (+6.6%), from €71,487 to €76,187
- Gross operating margin +€1,380
up €1,380 (+30.6%), from -€4,512 to -€3,132
- Other operating charges -€1,242
down €1,242 (-53.2%), from €2,334 to €1,092
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 | €129,922 | €125,125 | -€4,797 | -3.7% |
| Fixed assets | 21/28 | €34,519 | €28,356 | -€6,163 | -17.9% |
| Tangible fixed assets | 22/27 | €34,519 | €28,356 | -€6,163 | -17.9% |
| Land and buildings | 22 | €34,519 | €28,356 | -€6,163 | -17.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €95,403 | €96,769 | +€1,366 | +1.4% |
| Amounts receivable within one year | 40/41 | €53,368 | €54,168 | +€800 | +1.5% |
| Other amounts receivable | 41 | €53,368 | €54,168 | +€800 | +1.5% |
| Cash at bank and in hand | 54/58 | €35 | €601 | +€566 | +1,604% |
| Deferred charges and accrued income | 490/1 | €42,000 | €42,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €129,922 | €125,125 | -€4,797 | -3.7% |
| Equity | 10/15 | €58,435 | €48,048 | -€10,387 | -17.8% |
| Contributions | 10/11 | €262,000 | €262,000 | = | 0.0% |
| Capital | 10 | €262,000 | €262,000 | = | 0.0% |
| Issued capital | 100 | €262,000 | €262,000 | = | 0.0% |
| Reserves | 13 | €360 | €360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €360 | €360 | = | 0.0% |
| Legal reserve | 130 | €360 | €360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,925 | -€214,312 | -€10,387 | -5.1% |
| Amounts payable | 17/49 | €71,487 | €77,077 | +€5,590 | +7.8% |
| Amounts payable within one year | 42/48 | €71,487 | €77,077 | +€5,590 | +7.8% |
| Trade debts | 44 | - | €890 | +€890 | |
| Suppliers | 440/4 | - | €890 | +€890 | |
| Other amounts payable | 47/48 | €71,487 | €76,187 | +€4,700 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,163 | €6,163 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,334 | €1,092 | -€1,242 | -53.2% |
| Gross operating margin | 9900 | -€4,512 | -€3,132 | +€1,380 | +30.6% |
| Operating profit (loss) | 9901 | -€13,009 | -€10,387 | +€2,622 | +20.2% |
| Financial charges | 65/66B | €20 | - | -€20 | |
| Recurring financial charges | 65 | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | -€13,029 | -€10,387 | +€2,642 | +20.3% |
| Profit (loss) for the period | 9904 | -€13,029 | -€10,387 | +€2,642 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,029 | -€10,387 | +€2,642 | +20.3% |
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 14 October 2026 via checked.be.