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
- Tangible fixed assets -€9,606
down €9,606 (-4.5%), from €214,163 to €204,557
- Debts after one year -€14,377
down €14,377 (-10.0%), from €143,362 to €128,984
of which Financial debts: -€14,377
- Profit (loss) carried forward +€3,628
up €3,628 (+70.1%), from -€5,177 to -€1,549
- Gross operating margin -€1,828
down €1,828 (-8.3%), from €22,074 to €20,246
- Financial charges -€753
down €753 (-12.3%), from €6,106 to €5,353
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 | €214,612 | €205,991 | -€8,621 | -4.0% |
| Fixed assets | 21/28 | €214,163 | €204,557 | -€9,606 | -4.5% |
| Tangible fixed assets | 22/27 | €214,163 | €204,557 | -€9,606 | -4.5% |
| Land and buildings | 22 | €214,163 | €204,557 | -€9,606 | -4.5% |
| Current assets | 29/58 | €449 | €1,435 | +€985 | +219% |
| Amounts receivable within one year | 40/41 | €1 | €0 | -€1 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1 | €0 | -€1 | -100% |
| Cash at bank and in hand | 54/58 | €320 | €1,211 | +€891 | +279% |
| Deferred charges and accrued income | 490/1 | €128 | €223 | +€96 | +74.7% |
| Total equity and liabilities | 10/49 | €214,612 | €205,991 | -€8,621 | -4.0% |
| Equity | 10/15 | €14,823 | €18,451 | +€3,628 | +24.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,177 | -€1,549 | +€3,628 | +70.1% |
| Amounts payable | 17/49 | €199,789 | €187,540 | -€12,249 | -6.1% |
| Amounts payable after more than one year | 17 | €143,362 | €128,984 | -€14,377 | -10.0% |
| Financial debts | 170/4 | €142,234 | €127,856 | -€14,377 | -10.1% |
| Other amounts payable | 178/9 | €1,128 | €1,128 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,109 | €57,666 | +€1,557 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €13,907 | €14,377 | +€470 | +3.4% |
| Trade debts | 44 | €2,358 | €3,445 | +€1,087 | +46.1% |
| Suppliers | 440/4 | €2,358 | €3,445 | +€1,087 | +46.1% |
| Other amounts payable | 47/48 | €39,844 | €39,844 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €318 | €890 | +€572 | +180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,606 | €9,606 | = | 0.0% |
| Other operating charges | 640/8 | €1,608 | €1,659 | +€51 | +3.2% |
| Gross operating margin | 9900 | €22,074 | €20,246 | -€1,828 | -8.3% |
| Operating profit (loss) | 9901 | €10,860 | €8,981 | -€1,879 | -17.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,106 | €5,353 | -€753 | -12.3% |
| Recurring financial charges | 65 | €6,106 | €5,353 | -€753 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €4,754 | €3,628 | -€1,126 | -23.7% |
| Profit (loss) for the period | 9904 | €4,754 | €3,628 | -€1,126 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,754 | €3,628 | -€1,126 | -23.7% |
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 19 October 2026 via checked.be.