B.M. 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.M. IMMO
Largest movements
- Receivables within one year +€7,946
up €7,946 (+2,943%), from €270 to €8,216
- Tangible fixed assets -€1,669
down €1,669 (-39.0%), from €4,275 to €2,606
of which Other tangible fixed assets: -€1,109
- Cash +€1,450
up €1,450 (+48.1%), from €3,013 to €4,463
mainly Net result for the year (+€23,275) and Depreciation (+€2,277)
- Deferred charges and accrued income +€1,221
new in 2025: €1,221
- Intangible fixed assets -€608
down €608 (-34.3%), from €1,772 to €1,164
- Profit (loss) carried forward +€17,712
no longer reported in 2025 (was -€17,712)
- Trade debts -€10,755
down €10,755 (-94.5%), from €11,378 to €623
- Other debts -€5,602
down €5,602 (-71.5%), from €7,835 to €2,233
- Reserves +€5,562
new in 2025: €5,562
- Tax, wage and social debts +€1,422
up €1,422 (+87.2%), from €1,631 to €3,053
- Gross operating margin +€63,587
up €63,587 (+631%), from €10,081 to €73,668
- Write-downs +€39,764
new in 2025: €39,764
- Taxes +€7,290
new in 2025: €7,290
- Financial charges -€1,005
down €1,005 (-83.0%), from €1,210 to €205
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 | €9,331 | €17,671 | +€8,340 | +89.4% |
| Fixed assets | 21/28 | €6,048 | €3,770 | -€2,277 | -37.7% |
| Intangible fixed assets | 21 | €1,772 | €1,164 | -€608 | -34.3% |
| Tangible fixed assets | 22/27 | €4,275 | €2,606 | -€1,669 | -39.0% |
| Furniture and vehicles | 24 | €685 | €124 | -€560 | -81.8% |
| Other tangible fixed assets | 26 | €3,591 | €2,482 | -€1,109 | -30.9% |
| Current assets | 29/58 | €3,283 | €13,900 | +€10,617 | +323% |
| Amounts receivable within one year | 40/41 | €270 | €8,216 | +€7,946 | +2,943% |
| Trade receivables | 40 | €270 | €8,216 | +€7,946 | +2,943% |
| Cash at bank and in hand | 54/58 | €3,013 | €4,463 | +€1,450 | +48.1% |
| Deferred charges and accrued income | 490/1 | - | €1,221 | +€1,221 | |
| Total equity and liabilities | 10/49 | €9,331 | €17,671 | +€8,340 | +89.4% |
| Equity | 10/15 | -€11,512 | €11,762 | +€23,275 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €5,562 | +€5,562 | |
| Distributable reserves | 133 | - | €5,562 | +€5,562 | |
| Profit (loss) carried forward | 14 | -€17,712 | - | +€17,712 | |
| Amounts payable | 17/49 | €20,844 | €5,908 | -€14,935 | -71.7% |
| Amounts payable within one year | 42/48 | €20,844 | €5,908 | -€14,935 | -71.7% |
| Trade debts | 44 | €11,378 | €623 | -€10,755 | -94.5% |
| Suppliers | 440/4 | €11,378 | €623 | -€10,755 | -94.5% |
| Taxes, remuneration and social security | 45 | €1,631 | €3,053 | +€1,422 | +87.2% |
| Taxes | 450/3 | €1,631 | €3,053 | +€1,422 | +87.2% |
| Other amounts payable | 47/48 | €7,835 | €2,233 | -€5,602 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,277 | €2,277 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,764 | +€39,764 | |
| Other operating charges | 640/8 | €1,000 | €859 | -€140 | -14.0% |
| Gross operating margin | 9900 | €10,081 | €73,668 | +€63,587 | +631% |
| Operating profit (loss) | 9901 | €6,804 | €30,767 | +€23,963 | +352% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,210 | €205 | -€1,005 | -83.0% |
| Recurring financial charges | 65 | €1,210 | €205 | -€1,005 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €5,594 | €30,564 | +€24,971 | +446% |
| Income taxes | 67/77 | - | €7,290 | +€7,290 | |
| Profit (loss) for the period | 9904 | €5,594 | €23,275 | +€17,681 | +316% |
| Profit (loss) for the period to be appropriated | 9905 | €5,594 | €23,275 | +€17,681 | +316% |
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.