BAC IMMO: what changed
Two fiscal 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.
BAC IMMO
Largest movements
- Cash +€88,244
up €88,244 (+324.6%), from €27,188 to €115,432
mainly Debts after one year (+€90,245) and Trade debts (+€60,281)
- Tangible fixed assets +€64,228
up €64,228 (+8.8%), from €726,750 to €790,978
of which Land and buildings: +€64,192
- Debts after one year +€90,245
up €90,245 (+14.1%), from €641,228 to €731,473
- Trade debts +€60,281
up €60,281 (+9690.5%), from €622 to €60,903
- Current portion of long-term debt +€13,698
up €13,698 (+34.6%), from €39,642 to €53,340
- Other debts -€13,000
down €13,000 (-30.2%), from €42,977 to €29,977
- Gross operating margin +€20,915
up €20,915 (+21.3%), from €98,201 to €119,115
- Depreciation +€10,612
up €10,612 (+33.9%), from €31,320 to €41,932
- Taxes +€5,383
up €5,383 (+51.0%), from €10,553 to €15,937
- Other operating charges -€2,761
down €2,761 (-33.1%), from €8,344 to €5,583
- Financial charges +€1,757
up €1,757 (+17.4%), from €10,127 to €11,884
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 | €754,340 | €909,926 | +€155,586 | +20.6% |
| Fixed assets | 21/28 | €726,750 | €790,978 | +€64,228 | +8.8% |
| Tangible fixed assets | 22/27 | €726,750 | €790,978 | +€64,228 | +8.8% |
| Land and buildings | 22 | €726,750 | €790,942 | +€64,192 | +8.8% |
| Assets under construction and advance payments | 27 | - | €36 | +€36 | |
| Current assets | 29/58 | €27,591 | €118,948 | +€91,357 | +331.1% |
| Amounts receivable within one year | 40/41 | €403 | €3,516 | +€3,114 | +773.3% |
| Trade receivables | 40 | €403 | €3,516 | +€3,114 | +773.3% |
| Cash at bank and in hand | 54/58 | €27,188 | €115,432 | +€88,244 | +324.6% |
| Total equity and liabilities | 10/49 | €754,340 | €909,926 | +€155,586 | +20.6% |
| Equity | 10/15 | €8,518 | €12,297 | +€3,779 | +44.4% |
| Contributions | 10/11 | €11,250 | €11,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,732 | €1,047 | +€3,779 | |
| Amounts payable | 17/49 | €745,822 | €897,628 | +€151,806 | +20.4% |
| Amounts payable after more than one year | 17 | €641,228 | €731,473 | +€90,245 | +14.1% |
| Financial debts | 170/4 | €641,228 | €731,473 | +€90,245 | +14.1% |
| Amounts payable within one year | 42/48 | €99,044 | €166,156 | +€67,112 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €39,642 | €53,340 | +€13,698 | +34.6% |
| Trade debts | 44 | €622 | €60,903 | +€60,281 | +9690.5% |
| Suppliers | 440/4 | €622 | €60,903 | +€60,281 | +9690.5% |
| Taxes, remuneration and social security | 45 | €15,803 | €21,937 | +€6,133 | +38.8% |
| Taxes | 450/3 | €15,803 | €21,937 | +€6,133 | +38.8% |
| Other amounts payable | 47/48 | €42,977 | €29,977 | -€13,000 | -30.2% |
| Accrued charges and deferred income | 492/3 | €5,550 | - | -€5,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,320 | €41,932 | +€10,612 | +33.9% |
| Other operating charges | 640/8 | €8,344 | €5,583 | -€2,761 | -33.1% |
| Gross operating margin | 9900 | €98,201 | €119,115 | +€20,915 | +21.3% |
| Operating profit (loss) | 9901 | €58,536 | €71,600 | +€13,064 | +22.3% |
| Financial charges | 65/66B | €10,127 | €11,884 | +€1,757 | +17.4% |
| Recurring financial charges | 65 | €10,127 | €11,884 | +€1,757 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €48,410 | €59,716 | +€11,307 | +23.4% |
| Income taxes | 67/77 | €10,553 | €15,937 | +€5,383 | +51.0% |
| Profit (loss) for the period | 9904 | €37,856 | €43,779 | +€5,923 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,856 | €43,779 | +€5,923 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.