B.L. 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.
B.L. IMMO
Largest movements
- Cash +€2,879
up €2,879 (+11.8%), from €24,367 to €27,247
mainly Depreciation (+€2,256) and Deferred charges and accrued income (+€1,341)
- Tangible fixed assets -€2,256
down €2,256 (-11.6%), from €19,407 to €17,152
of which Plant, machinery and equipment: -€3,498
- Deferred charges and accrued income -€1,341
no longer reported in 2025 (was €1,341)
- Profit (loss) carried forward -€1,675
down €1,675 (-9.1%), from -€18,423 to -€20,098
- Trade debts +€1,124
new in 2025: €1,124
- Purchases and services -€1,804
down €1,804 (-31.7%), from €5,694 to €3,891
- Turnover -€1,675
down €1,675 (-24.5%), from €6,848 to €5,173
- Depreciation -€700
down €700 (-23.7%), from €2,955 to €2,256
- Taxes +€293
new in 2025: €293
- Financial charges -€248
down €248 (-52.6%), from €471 to €223
of which Non-recurring financial charges: -€258
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
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 | €45,115 | €44,564 | -€551 | -1.2% |
| Fixed assets | 21/28 | €19,407 | €17,152 | -€2,256 | -11.6% |
| Tangible fixed assets | 22/27 | €19,407 | €17,152 | -€2,256 | -11.6% |
| Land and buildings | 22 | €15,910 | €14,354 | -€1,556 | -9.8% |
| Plant, machinery and equipment | 23 | €3,498 | - | -€3,498 | |
| Furniture and vehicles | 24 | - | €2,798 | +€2,798 | |
| Current assets | 29/58 | €25,708 | €27,413 | +€1,705 | +6.6% |
| Amounts receivable within one year | 40/41 | - | €166 | +€166 | |
| Other amounts receivable | 41 | - | €166 | +€166 | |
| Cash at bank and in hand | 54/58 | €24,367 | €27,247 | +€2,879 | +11.8% |
| Deferred charges and accrued income | 490/1 | €1,341 | - | -€1,341 | |
| Total equity and liabilities | 10/49 | €45,115 | €44,564 | -€551 | -1.2% |
| Equity | 10/15 | €45,115 | €43,440 | -€1,675 | -3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,538 | €1,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,538 | €1,538 | = | 0.0% |
| Legal reserve | 130 | €1,538 | €1,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,423 | -€20,098 | -€1,675 | -9.1% |
| Amounts payable | 17/49 | - | €1,124 | +€1,124 | |
| Amounts payable within one year | 42/48 | - | €1,124 | +€1,124 | |
| Trade debts | 44 | - | €1,124 | +€1,124 | |
| Suppliers | 440/4 | - | €1,124 | +€1,124 | |
| Turnover | 70 | €6,848 | €5,173 | -€1,675 | -24.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,694 | €3,891 | -€1,804 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,955 | €2,256 | -€700 | -23.7% |
| Other operating charges | 640/8 | €1,206 | €1,245 | +€39 | +3.2% |
| Gross operating margin | 9900 | €1,154 | €1,282 | +€128 | +11.1% |
| Operating profit (loss) | 9901 | -€3,007 | -€2,218 | +€789 | +26.2% |
| Financial income | 75/76B | €935 | €1,060 | +€125 | +13.4% |
| Recurring financial income | 75 | €935 | €1,060 | +€125 | +13.4% |
| Financial charges | 65/66B | €471 | €223 | -€248 | -52.6% |
| Recurring financial charges | 65 | €214 | €223 | +€10 | +4.5% |
| Non-recurring financial charges | 66B | €258 | - | -€258 | |
| Profit (loss) for the period before taxes | 9903 | -€2,544 | -€1,382 | +€1,162 | +45.7% |
| Income taxes | 67/77 | - | €293 | +€293 | |
| Profit (loss) for the period | 9904 | -€2,544 | -€1,675 | +€869 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,544 | -€1,675 | +€869 | +34.2% |
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 15 October 2026 via checked.be.