BAV 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.
BAV IMMO
Largest movements
- Tangible fixed assets -€5,709
down €5,709 (-11.8%), from €48,414 to €42,704
- Cash -€5,391
down €5,391 (-10.9%), from €49,349 to €43,958
mainly Net result for the year (-€5,716) and Other debts (-€4,022)
- Profit (loss) carried forward -€5,934
down €5,934 (-6.8%), from -€86,938 to -€92,871
- Other debts -€4,022
down €4,022 (-3.7%), from €109,504 to €105,482
- Trade debts -€1,078
no longer reported in 2024 (was €1,078)
- Depreciation +€3,643
up €3,643 (+176.2%), from €2,067 to €5,709
- Other operating charges +€1,132
up €1,132 (+50.3%), from €2,252 to €3,384
- Gross operating margin +€1,107
up €1,107 (+46.5%), from €2,380 to €3,487
- Financial income +€154
up €154 (+164.4%), from €94 to €248
- Taxes +€58
up €58 (+32.8%), from €177 to €235
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,956 | €86,855 | -€11,100 | -11.3% |
| Fixed assets | 21/28 | €48,414 | €42,704 | -€5,709 | -11.8% |
| Tangible fixed assets | 22/27 | €48,414 | €42,704 | -€5,709 | -11.8% |
| Land and buildings | 22 | €48,414 | €42,704 | -€5,709 | -11.8% |
| Current assets | 29/58 | €49,542 | €44,151 | -€5,391 | -10.9% |
| Current investments | 50/53 | €193 | €193 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,349 | €43,958 | -€5,391 | -10.9% |
| Total equity and liabilities | 10/49 | €97,956 | €86,855 | -€11,100 | -11.3% |
| Equity | 10/15 | -€14,649 | -€20,583 | -€5,934 | -40.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €52,289 | €52,289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,789 | €17,789 | = | 0.0% |
| Legal reserve | 130 | €17,789 | - | -€17,789 | |
| Reserves not available under the articles | 1311 | - | €17,789 | +€17,789 | |
| Distributable reserves | 133 | €34,500 | €34,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,938 | -€92,871 | -€5,934 | -6.8% |
| Amounts payable | 17/49 | €112,605 | €107,438 | -€5,167 | -4.6% |
| Amounts payable within one year | 42/48 | €112,605 | €107,438 | -€5,167 | -4.6% |
| Trade debts | 44 | €1,078 | - | -€1,078 | |
| Suppliers | 440/4 | €1,078 | - | -€1,078 | |
| Advances received on contracts in progress | 46 | €1,721 | €1,721 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €302 | €235 | -€67 | -22.1% |
| Taxes | 450/3 | €302 | €235 | -€67 | -22.1% |
| Other amounts payable | 47/48 | €109,504 | €105,482 | -€4,022 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,067 | €5,709 | +€3,643 | +176.2% |
| Other operating charges | 640/8 | €2,252 | €3,384 | +€1,132 | +50.3% |
| Gross operating margin | 9900 | €2,380 | €3,487 | +€1,107 | +46.5% |
| Operating profit (loss) | 9901 | -€1,939 | -€5,607 | -€3,667 | -189.1% |
| Financial income | 75/76B | €94 | €248 | +€154 | +164.4% |
| Recurring financial income | 75 | €94 | €248 | +€154 | +164.4% |
| Financial charges | 65/66B | €93 | €122 | +€30 | +32.0% |
| Recurring financial charges | 65 | €93 | €122 | +€30 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,938 | -€5,481 | -€3,543 | -182.8% |
| Income taxes | 67/77 | €177 | €235 | +€58 | +32.8% |
| Profit (loss) for the period | 9904 | -€2,115 | -€5,716 | -€3,601 | -170.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,115 | -€5,716 | -€3,601 | -170.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.