TEMA-IMMO: 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.
TEMA-IMMO
Largest movements
- Tangible fixed assets +€344,800
up €344,800 (+45.7%), from €753,730 to €1.1m
- Debts after one year +€168,199
up €168,199 (+125.2%), from €134,306 to €302,505
of which Financial debts: +€168,199
- Contributions +€142,500
up €142,500 (+18.6%), from €768,171 to €910,671
- Current portion of long-term debt +€21,539
up €21,539 (+382.9%), from €5,625 to €27,164
- Profit (loss) carried forward +€15,257
up €15,257 (+10.7%), from -€142,536 to -€127,279
- Gross operating margin +€22,087
up €22,087 (+42.7%), from €51,781 to €73,868
- Depreciation +€16,563
up €16,563 (+61.4%), from €26,955 to €43,518
- Financial charges +€7,393
up €7,393 (+657.2%), from €1,125 to €8,518
- Other operating charges +€769
up €769 (+13.2%), from €5,806 to €6,575
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 | €773,892 | €1,122,791 | +€348,899 | +45.1% |
| Fixed assets | 21/28 | €753,730 | €1,098,530 | +€344,800 | +45.7% |
| Tangible fixed assets | 22/27 | €753,730 | €1,098,530 | +€344,800 | +45.7% |
| Land and buildings | 22 | €753,730 | €1,098,530 | +€344,800 | +45.7% |
| Current assets | 29/58 | €20,162 | €24,261 | +€4,099 | +20.3% |
| Amounts receivable within one year | 40/41 | €842 | €1,815 | +€973 | +115.6% |
| Trade receivables | 40 | €150 | €1,815 | +€1,665 | +1110.0% |
| Other amounts receivable | 41 | €692 | - | -€692 | |
| Cash at bank and in hand | 54/58 | €19,320 | €22,446 | +€3,126 | +16.2% |
| Total equity and liabilities | 10/49 | €773,892 | €1,122,791 | +€348,899 | +45.1% |
| Equity | 10/15 | €625,635 | €783,392 | +€157,757 | +25.2% |
| Contributions | 10/11 | €768,171 | €910,671 | +€142,500 | +18.6% |
| Profit (loss) carried forward | 14 | -€142,536 | -€127,279 | +€15,257 | +10.7% |
| Amounts payable | 17/49 | €148,257 | €339,399 | +€191,142 | +128.9% |
| Amounts payable after more than one year | 17 | €134,306 | €302,505 | +€168,199 | +125.2% |
| Financial debts | 170/4 | €69,375 | €237,574 | +€168,199 | +242.4% |
| Other amounts payable | 178/9 | €64,931 | €64,931 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,951 | €36,894 | +€22,943 | +164.5% |
| Current portion of amounts payable after more than one year | 42 | €5,625 | €27,164 | +€21,539 | +382.9% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €1,791 | +€1,791 | |
| Taxes | 450/3 | - | €1,791 | +€1,791 | |
| Other amounts payable | 47/48 | €7,939 | €7,939 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,955 | €43,518 | +€16,563 | +61.4% |
| Other operating charges | 640/8 | €5,806 | €6,575 | +€769 | +13.2% |
| Gross operating margin | 9900 | €51,781 | €73,868 | +€22,087 | +42.7% |
| Operating profit (loss) | 9901 | €19,020 | €23,775 | +€4,755 | +25.0% |
| Financial charges | 65/66B | €1,125 | €8,518 | +€7,393 | +657.2% |
| Recurring financial charges | 65 | €1,125 | €8,518 | +€7,393 | +657.2% |
| Profit (loss) for the period before taxes | 9903 | €17,895 | €15,257 | -€2,638 | -14.7% |
| Profit (loss) for the period | 9904 | €17,895 | €15,257 | -€2,638 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,895 | €15,257 | -€2,638 | -14.7% |
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 28 September 2026 via checked.be.