Twenty One 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.
Twenty One Immo
Largest movements
- Tangible fixed assets +€275,273
up €275,273 (+58.7%), from €469,340 to €744,613
of which Land and buildings: +€244,083
- Cash -€18,581
down €18,581 (-96.1%), from €19,328 to €747
mainly Investment in fixed assets (net) (-€294,550) and Net result for the year (-€7,553)
- Debts after one year +€234,633
up €234,633 (+52.7%), from €444,871 to €679,504
- Current portion of long-term debt +€20,315
up €20,315 (+108.4%), from €18,743 to €39,059
- Other debts +€10,543
up €10,543 (+27.4%), from €38,500 to €49,043
- Profit (loss) carried forward -€7,553
down €7,553 (-31.8%), from -€23,761 to -€31,314
- Gross operating margin +€41,182
up €41,182, from -€2,276 to €38,907
- Financial charges +€19,403
up €19,403 (+287.4%), from €6,751 to €26,154
- Depreciation +€5,248
up €5,248 (+37.4%), from €14,029 to €19,277
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 | €488,668 | €745,361 | +€256,692 | +52.5% |
| Fixed assets | 21/28 | €469,340 | €744,613 | +€275,273 | +58.7% |
| Tangible fixed assets | 22/27 | €469,340 | €744,613 | +€275,273 | +58.7% |
| Land and buildings | 22 | €469,340 | €713,422 | +€244,083 | +52.0% |
| Furniture and vehicles | 24 | - | €27,737 | +€27,737 | |
| Assets under construction and advance payments | 27 | - | €3,454 | +€3,454 | |
| Current assets | 29/58 | €19,328 | €747 | -€18,581 | -96.1% |
| Cash at bank and in hand | 54/58 | €19,328 | €747 | -€18,581 | -96.1% |
| Total equity and liabilities | 10/49 | €488,668 | €745,361 | +€256,692 | +52.5% |
| Equity | 10/15 | -€16,261 | -€23,814 | -€7,553 | -46.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,761 | -€31,314 | -€7,553 | -31.8% |
| Amounts payable | 17/49 | €504,930 | €769,175 | +€264,245 | +52.3% |
| Amounts payable after more than one year | 17 | €444,871 | €679,504 | +€234,633 | +52.7% |
| Financial debts | 170/4 | €444,871 | €679,504 | +€234,633 | +52.7% |
| Amounts payable within one year | 42/48 | €58,559 | €88,171 | +€29,613 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €18,743 | €39,059 | +€20,315 | +108.4% |
| Trade debts | 44 | €1,316 | €70 | -€1,246 | -94.7% |
| Suppliers | 440/4 | €1,316 | €70 | -€1,246 | -94.7% |
| Other amounts payable | 47/48 | €38,500 | €49,043 | +€10,543 | +27.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,029 | €19,277 | +€5,248 | +37.4% |
| Other operating charges | 640/8 | €706 | €1,029 | +€323 | +45.8% |
| Gross operating margin | 9900 | -€2,276 | €38,907 | +€41,182 | |
| Operating profit (loss) | 9901 | -€17,010 | €18,601 | +€35,611 | |
| Financial charges | 65/66B | €6,751 | €26,154 | +€19,403 | +287.4% |
| Recurring financial charges | 65 | €6,751 | €26,154 | +€19,403 | +287.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,761 | -€7,553 | +€16,208 | +68.2% |
| Profit (loss) for the period | 9904 | -€23,761 | -€7,553 | +€16,208 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,761 | -€7,553 | +€16,208 | +68.2% |
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 12 October 2026 via checked.be.