Tower16 Immo: what changed
What changed
Tower16 Immo
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€17,426
2024 · €15,973+€1,453
Equity
€184,111
2024 · €166,685+€17,426
Cash
€8,264
2024 · €9,880-€1,616
Balance sheet total
€563,215
2024 · €589,673-€26,459
Largest movements
Assets
- Tangible fixed assets -€32,574
down €32,574 (-5.7%), from €571,338 to €538,764
- Receivables within one year +€7,731
up €7,731 (+91.4%), from €8,456 to €16,187
of which Trade receivables: +€12,117
Equity and liabilities
- Debts after one year -€50,664
down €50,664 (-85.7%), from €59,148 to €8,484
- Reserves +€17,426
up €17,426 (+11.9%), from €146,685 to €164,111
- Accrued charges and deferred income +€5,928
up €5,928 (+51.0%), from €11,620 to €17,548
Income statement
- Financial charges -€3,685
down €3,685 (-28.1%), from €13,136 to €9,451
- Financial income -€2,210
down €2,210 (-85.3%), from €2,589 to €379
- Gross operating margin +€846
up €846 (+1.1%), from €75,687 to €76,533
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,973
Gross operating margin
+€846
Depreciation
-€93
Other operating charges
-€291
Financial income
-€2,210
Financial charges
+€3,685
Taxes
-€484
Result 2025
€17,426
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€49,048
Investment
€0
Financing
-€50,664
Cash 2024
€9,880
From operations (derived)
+€49,048
Net result for the year
+€17,426
Depreciation
+€32,574
Receivables within one year
-€7,731
Trade debts
+€41
Tax, wage and social debts
+€810
Accrued charges and deferred income
+€5,928
Financing
-€50,664
Debts after one year
-€50,664
Cash 2025
€8,264
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,673 | €563,215 | -€26,459 | -4.5% |
| Fixed assets | 21/28 | €571,338 | €538,764 | -€32,574 | -5.7% |
| Tangible fixed assets | 22/27 | €571,338 | €538,764 | -€32,574 | -5.7% |
| Land and buildings | 22 | €571,338 | €538,764 | -€32,574 | -5.7% |
| Current assets | 29/58 | €18,335 | €24,451 | +€6,115 | +33.4% |
| Amounts receivable within one year | 40/41 | €8,456 | €16,187 | +€7,731 | +91.4% |
| Trade receivables | 40 | €394 | €12,511 | +€12,117 | +3,073% |
| Other amounts receivable | 41 | €8,061 | €3,676 | -€4,386 | -54.4% |
| Cash at bank and in hand | 54/58 | €9,880 | €8,264 | -€1,616 | -16.4% |
| Total equity and liabilities | 10/49 | €589,673 | €563,215 | -€26,459 | -4.5% |
| Equity | 10/15 | €166,685 | €184,111 | +€17,426 | +10.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €146,685 | €164,111 | +€17,426 | +11.9% |
| Distributable reserves | 133 | €146,685 | €164,111 | +€17,426 | +11.9% |
| Amounts payable | 17/49 | €422,989 | €379,103 | -€43,885 | -10.4% |
| Amounts payable after more than one year | 17 | €59,148 | €8,484 | -€50,664 | -85.7% |
| Financial debts | 170/4 | €59,148 | €8,484 | -€50,664 | -85.7% |
| Amounts payable within one year | 42/48 | €352,221 | €353,071 | +€850 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €50,664 | €50,664 | = | 0.0% |
| Trade debts | 44 | - | €41 | +€41 | |
| Suppliers | 440/4 | - | €41 | +€41 | |
| Advances received on contracts in progress | 46 | €6,827 | €6,827 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,402 | €4,212 | +€810 | +23.8% |
| Taxes | 450/3 | €3,402 | €4,212 | +€810 | +23.8% |
| Other amounts payable | 47/48 | €291,328 | €291,328 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,620 | €17,548 | +€5,928 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,482 | €32,574 | +€93 | +0.3% |
| Other operating charges | 640/8 | €11,361 | €11,652 | +€291 | +2.6% |
| Gross operating margin | 9900 | €75,687 | €76,533 | +€846 | +1.1% |
| Operating profit (loss) | 9901 | €31,845 | €32,307 | +€462 | +1.5% |
| Financial income | 75/76B | €2,589 | €379 | -€2,210 | -85.3% |
| Recurring financial income | 75 | €2,589 | €379 | -€2,210 | -85.3% |
| Financial charges | 65/66B | €13,136 | €9,451 | -€3,685 | -28.1% |
| Recurring financial charges | 65 | €13,136 | €9,451 | -€3,685 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €21,298 | €23,235 | +€1,937 | +9.1% |
| Income taxes | 67/77 | €5,324 | €5,809 | +€484 | +9.1% |
| Profit (loss) for the period | 9904 | €15,973 | €17,426 | +€1,453 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,973 | €17,426 | +€1,453 | +9.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.