ZUID-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.
ZUID-IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€749
down €749 (-152%), from -€491 to -€1,240
- Other operating charges +€14
up €14 (+2.8%), from €513 to €528
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,834 | €190,005 | -€1,830 | -1.0% |
| Current assets | 29/58 | €191,834 | €190,005 | -€1,830 | -1.0% |
| Amounts receivable within one year | 40/41 | €191,834 | €190,005 | -€1,830 | -1.0% |
| Other amounts receivable | 41 | €191,834 | €190,005 | -€1,830 | -1.0% |
| Total equity and liabilities | 10/49 | €191,834 | €190,005 | -€1,830 | -1.0% |
| Equity | 10/15 | €191,774 | €190,005 | -€1,770 | -0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €173,182 | €171,413 | -€1,770 | -1.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €171,323 | €169,553 | -€1,770 | -1.0% |
| Amounts payable | 17/49 | €60 | €0 | -€60 | -100% |
| Amounts payable within one year | 42/48 | €60 | €0 | -€60 | -100% |
| Financial debts | 43 | €60 | €0 | -€60 | -100% |
| Credit institutions | 430/8 | €60 | €0 | -€60 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€491 | -€1,240 | -€749 | -152% |
| Operating profit (loss) | 9901 | -€1,005 | -€1,768 | -€763 | -76.0% |
| Financial charges | 65/66B | €0 | €2 | +€2 | |
| Recurring financial charges | 65 | €0 | €2 | +€2 | |
| Profit (loss) for the period before taxes | 9903 | -€1,005 | -€1,770 | -€765 | -76.1% |
| Profit (loss) for the period | 9904 | -€1,005 | -€1,770 | -€765 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,005 | -€1,770 | -€765 | -76.1% |
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 15 October 2026 via checked.be.