TJM 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.
TJM IMMO
Largest movements
- Tangible fixed assets -€15,643
down €15,643 (-4.6%), from €341,365 to €325,722
- Current portion of long-term debt -€11,805
down €11,805 (-47.6%), from €24,790 to €12,985
- Debts after one year -€8,116
down €8,116 (-2.4%), from €339,868 to €331,751
of which Other amounts payable: -€7,420
- Profit (loss) carried forward +€7,010
up €7,010 (+19.9%), from -€35,282 to -€28,272
- Depreciation -€58,122
down €58,122 (-78.8%), from €73,765 to €15,643
- Gross operating margin -€26,085
down €26,085 (-40.7%), from €64,052 to €37,968
- Financial charges -€7,529
down €7,529 (-37.7%), from €19,961 to €12,432
- Other operating charges -€2,725
down €2,725 (-48.6%), from €5,608 to €2,882
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 | €341,376 | €326,465 | -€14,911 | -4.4% |
| Fixed assets | 21/28 | €341,365 | €325,722 | -€15,643 | -4.6% |
| Tangible fixed assets | 22/27 | €341,365 | €325,722 | -€15,643 | -4.6% |
| Land and buildings | 22 | €341,365 | €325,722 | -€15,643 | -4.6% |
| Current assets | 29/58 | €12 | €743 | +€731 | +6219.5% |
| Cash at bank and in hand | 54/58 | €12 | €645 | +€634 | +5387.0% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €341,376 | €326,465 | -€14,911 | -4.4% |
| Equity | 10/15 | -€25,282 | -€18,272 | +€7,010 | +27.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,282 | -€28,272 | +€7,010 | +19.9% |
| Amounts payable | 17/49 | €366,658 | €344,737 | -€21,921 | -6.0% |
| Amounts payable after more than one year | 17 | €339,868 | €331,751 | -€8,116 | -2.4% |
| Financial debts | 170/4 | €304,128 | €303,431 | -€696 | -0.2% |
| Other amounts payable | 178/9 | €35,740 | €28,320 | -€7,420 | -20.8% |
| Amounts payable within one year | 42/48 | €24,790 | €12,985 | -€11,805 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €24,790 | €12,985 | -€11,805 | -47.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,765 | €15,643 | -€58,122 | -78.8% |
| Other operating charges | 640/8 | €5,608 | €2,882 | -€2,725 | -48.6% |
| Gross operating margin | 9900 | €64,052 | €37,968 | -€26,085 | -40.7% |
| Operating profit (loss) | 9901 | -€15,320 | €19,442 | +€34,762 | |
| Financial charges | 65/66B | €19,961 | €12,432 | -€7,529 | -37.7% |
| Recurring financial charges | 65 | €19,961 | €12,432 | -€7,529 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€35,282 | €7,010 | +€42,291 | |
| Profit (loss) for the period | 9904 | -€35,282 | €7,010 | +€42,291 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,282 | €7,010 | +€42,291 |
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 11 October 2026 via checked.be.