2BC 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.
2BC IMMO
Largest movements
- Stocks and contracts -€725,424
down €725,424 (-55.7%), from €1.3m to €576,814
- Current investments +€290,897
up €290,897 (+20.5%), from €1.4m to €1.7m
- Receivables within one year -€254,024
down €254,024 (-59.1%), from €429,542 to €175,518
of which Other amounts receivable: -€255,739
- Cash +€240,330
up €240,330 (+899%), from €26,733 to €267,063
mainly Stocks and contracts (+€725,424) and Receivables within one year (+€254,024)
- Short-term financial debts -€605,475
down €605,475 (-39.7%), from €1.5m to €918,000
- Profit (loss) carried forward +€197,710
up €197,710, from -€87,301 to €110,409
- Debts after one year -€137,250
down €137,250 (-2.9%), from €4.7m to €4.5m
- Financial income +€82,053
up €82,053 (+50.5%), from €162,460 to €244,513
- Financial charges -€74,046
down €74,046 (-38.1%), from €194,221 to €120,175
of which Financial charges: -€63,602
- Gross operating margin -€73,460
down €73,460 (-21.2%), from €345,943 to €272,483
- Other operating charges +€42,892
up €42,892 (+326%), from €13,138 to €56,030
- Depreciation -€3,582
down €3,582 (-2.4%), from €146,662 to €143,080
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,647,596 | €6,095,036 | -€552,559 | -8.3% |
| Fixed assets | 21/28 | €3,439,725 | €3,354,791 | -€84,934 | -2.5% |
| Tangible fixed assets | 22/27 | €3,403,525 | €3,348,591 | -€54,934 | -1.6% |
| Land and buildings | 22 | €3,288,161 | €3,169,525 | -€118,636 | -3.6% |
| Plant, machinery and equipment | 23 | €6,625 | €5,661 | -€965 | -14.6% |
| Furniture and vehicles | 24 | €4,823 | €8,708 | +€3,885 | +80.5% |
| Other tangible fixed assets | 26 | €103,915 | €164,697 | +€60,782 | +58.5% |
| Financial fixed assets | 28 | €36,200 | €6,200 | -€30,000 | -82.9% |
| Current assets | 29/58 | €3,207,871 | €2,740,246 | -€467,625 | -14.6% |
| Stocks and contracts in progress | 3 | €1,302,238 | €576,814 | -€725,424 | -55.7% |
| Stocks | 30/36 | €1,302,238 | €576,814 | -€725,424 | -55.7% |
| Amounts receivable within one year | 40/41 | €429,542 | €175,518 | -€254,024 | -59.1% |
| Trade receivables | 40 | €1,813 | €3,528 | +€1,715 | +94.6% |
| Other amounts receivable | 41 | €427,729 | €171,990 | -€255,739 | -59.8% |
| Current investments | 50/53 | €1,420,267 | €1,711,164 | +€290,897 | +20.5% |
| Cash at bank and in hand | 54/58 | €26,733 | €267,063 | +€240,330 | +899% |
| Deferred charges and accrued income | 490/1 | €29,092 | €9,688 | -€19,404 | -66.7% |
| Total equity and liabilities | 10/49 | €6,647,596 | €6,095,036 | -€552,559 | -8.3% |
| Equity | 10/15 | €168,781 | €366,491 | +€197,710 | +117% |
| Contributions | 10/11 | €256,082 | €256,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,301 | €110,409 | +€197,710 | |
| Amounts payable | 17/49 | €6,478,814 | €5,728,545 | -€750,269 | -11.6% |
| Amounts payable after more than one year | 17 | €4,660,186 | €4,522,936 | -€137,250 | -2.9% |
| Financial debts | 170/4 | €4,660,186 | €4,522,936 | -€137,250 | -2.9% |
| Amounts payable within one year | 42/48 | €1,788,558 | €1,171,633 | -€616,925 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €178,097 | €207,027 | +€28,930 | +16.2% |
| Financial debts | 43 | €1,523,475 | €918,000 | -€605,475 | -39.7% |
| Credit institutions | 430/8 | €1,523,475 | €918,000 | -€605,475 | -39.7% |
| Trade debts | 44 | €32,543 | €14,075 | -€18,468 | -56.8% |
| Suppliers | 440/4 | €32,543 | €14,075 | -€18,468 | -56.8% |
| Taxes, remuneration and social security | 45 | €10,131 | €0 | -€10,131 | -100% |
| Taxes | 450/3 | €10,131 | €0 | -€10,131 | -100% |
| Other amounts payable | 47/48 | €44,312 | €32,532 | -€11,781 | -26.6% |
| Accrued charges and deferred income | 492/3 | €30,070 | €33,977 | +€3,906 | +13.0% |
| Non-recurring operating income | 76A | €4,545 | - | -€4,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,662 | €143,080 | -€3,582 | -2.4% |
| Other operating charges | 640/8 | €13,138 | €56,030 | +€42,892 | +326% |
| Gross operating margin | 9900 | €345,943 | €272,483 | -€73,460 | -21.2% |
| Operating profit (loss) | 9901 | €186,143 | €73,372 | -€112,771 | -60.6% |
| Financial income | 75/76B | €162,460 | €244,513 | +€82,053 | +50.5% |
| Recurring financial income | 75 | €162,460 | €244,513 | +€82,053 | +50.5% |
| Financial charges | 65/66B | €194,221 | €120,175 | -€74,046 | -38.1% |
| Recurring financial charges | 65 | €183,777 | €120,175 | -€63,602 | -34.6% |
| Non-recurring financial charges | 66B | €10,444 | - | -€10,444 | |
| Profit (loss) for the period before taxes | 9903 | €154,382 | €197,710 | +€43,328 | +28.1% |
| Profit (loss) for the period | 9904 | €154,382 | €197,710 | +€43,328 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €154,382 | €197,710 | +€43,328 | +28.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.