B.S.K. 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.S.K. IMMO
Largest movements
- Tangible fixed assets +€24,107
up €24,107 (+2.2%), from €1.1m to €1.1m
of which Land and buildings: +€23,484
- Other debts +€71,968
up €71,968 (+25.0%), from €288,155 to €360,123
- Debts after one year -€49,079
down €49,079 (-6.2%), from €797,972 to €748,893
- Trade debts -€24,197
down €24,197 (-97.6%), from €24,780 to €582
- Current portion of long-term debt +€13,693
up €13,693 (+42.3%), from €32,376 to €46,069
- Depreciation +€11,373
up €11,373 (+39.7%), from €28,675 to €40,048
- Gross operating margin +€8,979
up €8,979 (+11.3%), from €79,556 to €88,535
- Write-downs -€6,720
down €6,720 (-100%), from €6,720 to €0
- Financial charges +€5,409
up €5,409 (+19.2%), from €28,240 to €33,649
- Other operating charges -€2,492
down €2,492 (-31.1%), from €8,014 to €5,523
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 | €1,130,063 | €1,153,661 | +€23,598 | +2.1% |
| Fixed assets | 21/28 | €1,116,595 | €1,140,702 | +€24,107 | +2.2% |
| Tangible fixed assets | 22/27 | €1,116,595 | €1,140,702 | +€24,107 | +2.2% |
| Land and buildings | 22 | €1,116,595 | €1,140,079 | +€23,484 | +2.1% |
| Plant, machinery and equipment | 23 | - | €623 | +€623 | |
| Current assets | 29/58 | €13,467 | €12,959 | -€509 | -3.8% |
| Amounts receivable within one year | 40/41 | €2,750 | €4,490 | +€1,740 | +63.3% |
| Other amounts receivable | 41 | €2,750 | €4,490 | +€1,740 | +63.3% |
| Cash at bank and in hand | 54/58 | €9,457 | €4,913 | -€4,545 | -48.1% |
| Deferred charges and accrued income | 490/1 | €1,260 | €3,556 | +€2,296 | +182% |
| Total equity and liabilities | 10/49 | €1,130,063 | €1,153,661 | +€23,598 | +2.1% |
| Equity | 10/15 | -€15,271 | -€5,897 | +€9,374 | +61.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,771 | -€13,397 | +€9,374 | +41.2% |
| Amounts payable | 17/49 | €1,145,333 | €1,159,558 | +€14,224 | +1.2% |
| Amounts payable after more than one year | 17 | €797,972 | €748,893 | -€49,079 | -6.2% |
| Financial debts | 170/4 | €797,972 | €748,893 | -€49,079 | -6.2% |
| Amounts payable within one year | 42/48 | €345,310 | €406,775 | +€61,464 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €32,376 | €46,069 | +€13,693 | +42.3% |
| Trade debts | 44 | €24,780 | €582 | -€24,197 | -97.6% |
| Suppliers | 440/4 | €24,780 | €582 | -€24,197 | -97.6% |
| Other amounts payable | 47/48 | €288,155 | €360,123 | +€71,968 | +25.0% |
| Accrued charges and deferred income | 492/3 | €2,051 | €3,890 | +€1,839 | +89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,675 | €40,048 | +€11,373 | +39.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,720 | €0 | -€6,720 | -100% |
| Other operating charges | 640/8 | €8,014 | €5,523 | -€2,492 | -31.1% |
| Gross operating margin | 9900 | €79,556 | €88,535 | +€8,979 | +11.3% |
| Operating profit (loss) | 9901 | €36,147 | €42,964 | +€6,817 | +18.9% |
| Financial income | 75/76B | - | €59 | +€59 | |
| Recurring financial income | 75 | - | €59 | +€59 | |
| Financial charges | 65/66B | €28,240 | €33,649 | +€5,409 | +19.2% |
| Recurring financial charges | 65 | €28,240 | €33,649 | +€5,409 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €7,906 | €9,374 | +€1,467 | +18.6% |
| Profit (loss) for the period | 9904 | €7,906 | €9,374 | +€1,467 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,906 | €9,374 | +€1,467 | +18.6% |
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.