B4IMMO: 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.
B4IMMO
Largest movements
- Cash +€668,216
up €668,216 (+13185.0%), from €5,068 to €673,284
mainly Stocks and contracts (+€541,996) and Receivables within one year (+€190,301)
- Stocks and contracts -€541,996
down €541,996 (-73.9%), from €733,423 to €191,427
- Receivables within one year -€190,301
down €190,301 (-98.8%), from €192,541 to €2,240
of which Trade receivables: -€147,334
- Profit (loss) carried forward -€79,110
down €79,110, from €28,534 to -€50,576
- Tax, wage and social debts +€61,471
up €61,471 (+445.8%), from €13,789 to €75,260
of which Taxes: +€55,471
- Other debts -€54,148
down €54,148 (-56.4%), from €95,984 to €41,836
- Debts after one year -€11,811
down €11,811 (-28.0%), from €42,127 to €30,316
- Gross operating margin -€102,546
down €102,546, from €46,011 to -€56,535
- Taxes -€7,177
down €7,177, from €7,151 to -€26
- Depreciation +€4,162
up €4,162 (+42.1%), from €9,875 to €14,037
- Financial income -€3,284
down €3,284 (-97.4%), from €3,372 to €88
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.
Cash bridge derived
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 | €995,290 | €921,262 | -€74,028 | -7.4% |
| Fixed assets | 21/28 | €58,625 | €50,089 | -€8,536 | -14.6% |
| Tangible fixed assets | 22/27 | €58,625 | €50,089 | -€8,536 | -14.6% |
| Plant, machinery and equipment | 23 | €551 | €1,693 | +€1,142 | +207.3% |
| Furniture and vehicles | 24 | €58,074 | €48,396 | -€9,678 | -16.7% |
| Current assets | 29/58 | €936,665 | €871,173 | -€65,492 | -7.0% |
| Stocks and contracts in progress | 3 | €733,423 | €191,427 | -€541,996 | -73.9% |
| Stocks | 30/36 | €733,423 | €191,427 | -€541,996 | -73.9% |
| Amounts receivable within one year | 40/41 | €192,541 | €2,240 | -€190,301 | -98.8% |
| Trade receivables | 40 | €149,574 | €2,240 | -€147,334 | -98.5% |
| Other amounts receivable | 41 | €42,967 | - | -€42,967 | |
| Cash at bank and in hand | 54/58 | €5,068 | €673,284 | +€668,216 | +13185.0% |
| Deferred charges and accrued income | 490/1 | €5,633 | €4,222 | -€1,411 | -25.0% |
| Total equity and liabilities | 10/49 | €995,290 | €921,262 | -€74,028 | -7.4% |
| Equity | 10/15 | €827,534 | €748,424 | -€79,110 | -9.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €759,000 | €759,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €755,000 | €755,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,534 | -€50,576 | -€79,110 | |
| Amounts payable | 17/49 | €167,756 | €172,838 | +€5,082 | +3.0% |
| Amounts payable after more than one year | 17 | €42,127 | €30,316 | -€11,811 | -28.0% |
| Financial debts | 170/4 | €42,127 | €30,316 | -€11,811 | -28.0% |
| Amounts payable within one year | 42/48 | €125,629 | €142,522 | +€16,893 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €11,403 | €11,811 | +€408 | +3.6% |
| Trade debts | 44 | €4,453 | €13,615 | +€9,162 | +205.7% |
| Suppliers | 440/4 | €4,453 | €13,615 | +€9,162 | +205.7% |
| Taxes, remuneration and social security | 45 | €13,789 | €75,260 | +€61,471 | +445.8% |
| Taxes | 450/3 | €13,789 | €69,260 | +€55,471 | +402.3% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €95,984 | €41,836 | -€54,148 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,875 | €14,037 | +€4,162 | +42.1% |
| Other operating charges | 640/8 | €2,989 | €2,728 | -€261 | -8.7% |
| Non-recurring operating charges | 66A | €153 | €129 | -€24 | -15.7% |
| Gross operating margin | 9900 | €46,011 | -€56,535 | -€102,546 | |
| Operating profit (loss) | 9901 | €32,994 | -€73,429 | -€106,423 | |
| Financial income | 75/76B | €3,372 | €88 | -€3,284 | -97.4% |
| Recurring financial income | 75 | €3,372 | €88 | -€3,284 | -97.4% |
| Financial charges | 65/66B | €5,260 | €5,795 | +€535 | +10.2% |
| Recurring financial charges | 65 | €5,260 | €5,795 | +€535 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €31,106 | -€79,136 | -€110,242 | |
| Income taxes | 67/77 | €7,151 | -€26 | -€7,177 | |
| Profit (loss) for the period | 9904 | €23,955 | -€79,110 | -€103,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,955 | -€79,110 | -€103,065 |
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 12 October 2026 via checked.be.