Baximmo: 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.
What changed
Baximmo
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€164,157
2024 · €164,870-€713
Equity
€820,995
2024 · €817,221+€3,774
Cash
€72,785
2024 · €72,234+€551
Balance sheet total
€1.1m
2024 · €1.2m-€85,677
Largest movements
Assets
- Current investments -€101,865
down €101,865 (-57.1%), from €178,297 to €76,433
- Tangible fixed assets +€15,712
up €15,712 (+1.7%), from €945,735 to €961,447
of which Furniture and vehicles: +€31,714
Equity and liabilities
- Debts after one year -€58,447
down €58,447 (-24.1%), from €242,468 to €184,022
- Tax, wage and social debts -€32,699
down €32,699 (-39.5%), from €82,691 to €49,993
of which Taxes: -€26,905
Income statement
- Depreciation +€6,772
up €6,772 (+14.6%), from €46,483 to €53,256
- Taxes -€4,812
down €4,812 (-6.5%), from €74,332 to €69,521
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.
Result 2024
€164,870
Gross operating margin
-€313
Staff costs
+€784
Depreciation
-€6,772
Write-downs
+€90
Other operating charges
-€1,780
Financial income
+€466
Financial charges
+€2,001
Taxes
+€4,812
Result 2025
€164,157
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.
From operations
+€185,400
Investment
+€32,897
Financing
-€217,745
Cash 2024
€72,234
From operations (derived)
+€185,400
Net result for the year
+€164,157
Depreciation
+€53,256
Receivables within one year
+€691
Deferred charges and accrued income
-€616
Smaller working-capital items
+€611
Tax, wage and social debts
-€32,699
Investment (derived)
+€32,897
Investment in fixed assets (net)
-€68,968
Current investments
+€101,865
Financing
-€217,745
Debts after one year
-€58,447
Current portion of long-term debt
+€1,084
Contributions, distributions and other
-€160,382
Cash 2025
€72,785
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,210,299 | €1,124,623 | -€85,677 | -7.1% |
| Fixed assets | 21/28 | €945,735 | €961,447 | +€15,712 | +1.7% |
| Tangible fixed assets | 22/27 | €945,735 | €961,447 | +€15,712 | +1.7% |
| Land and buildings | 22 | €582,507 | €557,287 | -€25,220 | -4.3% |
| Plant, machinery and equipment | 23 | €17,967 | €45,842 | +€27,875 | +155.1% |
| Furniture and vehicles | 24 | €563 | €32,277 | +€31,714 | +5637.1% |
| Other tangible fixed assets | 26 | €344,698 | €326,041 | -€18,657 | -5.4% |
| Current assets | 29/58 | €264,564 | €163,175 | -€101,389 | -38.3% |
| Amounts receivable within one year | 40/41 | €4,134 | €3,443 | -€691 | -16.7% |
| Trade receivables | 40 | €4,134 | €3,443 | -€691 | -16.7% |
| Current investments | 50/53 | €178,297 | €76,433 | -€101,865 | -57.1% |
| Cash at bank and in hand | 54/58 | €72,234 | €72,785 | +€551 | +0.8% |
| Deferred charges and accrued income | 490/1 | €9,899 | €10,515 | +€616 | +6.2% |
| Total equity and liabilities | 10/49 | €1,210,299 | €1,124,623 | -€85,677 | -7.1% |
| Equity | 10/15 | €817,221 | €820,995 | +€3,774 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €798,621 | €802,395 | +€3,774 | +0.5% |
| Distributable reserves | 133 | €798,621 | €802,395 | +€3,774 | +0.5% |
| Amounts payable | 17/49 | €393,078 | €303,627 | -€89,451 | -22.8% |
| Amounts payable after more than one year | 17 | €242,468 | €184,022 | -€58,447 | -24.1% |
| Financial debts | 170/4 | €242,468 | €184,022 | -€58,447 | -24.1% |
| Amounts payable within one year | 42/48 | €150,610 | €119,519 | -€31,091 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €57,363 | €58,447 | +€1,084 | +1.9% |
| Trade debts | 44 | €7,002 | €7,335 | +€333 | +4.8% |
| Suppliers | 440/4 | €7,002 | €7,335 | +€333 | +4.8% |
| Advances received on contracts in progress | 46 | - | €235 | +€235 | |
| Taxes, remuneration and social security | 45 | €82,691 | €49,993 | -€32,699 | -39.5% |
| Taxes | 450/3 | €65,057 | €38,152 | -€26,905 | -41.4% |
| Remuneration and social security | 454/9 | €17,634 | €11,840 | -€5,794 | -32.9% |
| Other amounts payable | 47/48 | €3,554 | €3,509 | -€45 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €87 | +€87 | |
| Remuneration, social security and pensions | 62 | €114,068 | €113,284 | -€784 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,483 | €53,256 | +€6,772 | +14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €90 | - | -€90 | |
| Other operating charges | 640/8 | €5,220 | €7,000 | +€1,780 | +34.1% |
| Gross operating margin | 9900 | €415,540 | €415,227 | -€313 | -0.1% |
| Operating profit (loss) | 9901 | €249,678 | €241,686 | -€7,992 | -3.2% |
| Financial income | 75/76B | €264 | €730 | +€466 | +176.7% |
| Recurring financial income | 75 | €264 | €730 | +€466 | +176.7% |
| Financial charges | 65/66B | €10,739 | €8,738 | -€2,001 | -18.6% |
| Recurring financial charges | 65 | €10,739 | €8,738 | -€2,001 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €239,203 | €233,677 | -€5,525 | -2.3% |
| Income taxes | 67/77 | €74,332 | €69,521 | -€4,812 | -6.5% |
| Profit (loss) for the period | 9904 | €164,870 | €164,157 | -€713 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €164,870 | €164,157 | -€713 | -0.4% |
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 5 October 2026 via checked.be.