BB-Real Estate: 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.
BB-Real Estate
Largest movements
- Cash +€175,180
up €175,180 (+353%), from €49,613 to €224,792
mainly Other debts (+€487,899) and Current investments (+€130,000)
- Current investments -€130,000
no longer reported in 2025 (was €130,000)
- Tangible fixed assets -€94,820
down €94,820 (-7.1%), from €1.3m to €1.2m
of which Land and buildings: -€75,284
- Current portion of long-term debt -€694,444
no longer reported in 2025 (was €694,444)
- Other debts +€487,899
new in 2025: €487,899
- Reserves +€125,804
up €125,804 (+16.0%), from €786,636 to €912,440
- Accrued charges and deferred income +€17,070
new in 2025: €17,070
- Gross operating margin +€16,146
up €16,146 (+5.5%), from €293,078 to €309,224
- Other operating charges +€14,027
up €14,027 (+259%), from €5,423 to €19,451
- Financial charges +€11,917
up €11,917 (+203%), from €5,867 to €17,784
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 | €1,543,153 | €1,479,383 | -€63,770 | -4.1% |
| Fixed assets | 21/28 | €1,326,597 | €1,231,777 | -€94,820 | -7.1% |
| Tangible fixed assets | 22/27 | €1,326,597 | €1,231,777 | -€94,820 | -7.1% |
| Land and buildings | 22 | €1,255,249 | €1,179,965 | -€75,284 | -6.0% |
| Furniture and vehicles | 24 | €71,348 | €51,812 | -€19,537 | -27.4% |
| Current assets | 29/58 | €216,556 | €247,606 | +€31,050 | +14.3% |
| Amounts receivable within one year | 40/41 | €34,092 | €20,519 | -€13,573 | -39.8% |
| Trade receivables | 40 | €15,020 | €13,167 | -€1,853 | -12.3% |
| Other amounts receivable | 41 | €19,073 | €7,352 | -€11,720 | -61.5% |
| Current investments | 50/53 | €130,000 | - | -€130,000 | |
| Cash at bank and in hand | 54/58 | €49,613 | €224,792 | +€175,180 | +353% |
| Deferred charges and accrued income | 490/1 | €2,851 | €2,295 | -€556 | -19.5% |
| Total equity and liabilities | 10/49 | €1,543,153 | €1,479,383 | -€63,770 | -4.1% |
| Equity | 10/15 | €829,054 | €954,857 | +€125,804 | +15.2% |
| Contributions | 10/11 | €42,418 | €42,418 | = | 0.0% |
| Reserves | 13 | €786,636 | €912,440 | +€125,804 | +16.0% |
| Distributable reserves | 133 | €786,636 | €912,440 | +€125,804 | +16.0% |
| Amounts payable | 17/49 | €714,100 | €524,526 | -€189,574 | -26.5% |
| Amounts payable within one year | 42/48 | €714,100 | €507,456 | -€206,643 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €694,444 | - | -€694,444 | |
| Trade debts | 44 | €2,642 | €227 | -€2,415 | -91.4% |
| Suppliers | 440/4 | €2,642 | €227 | -€2,415 | -91.4% |
| Taxes, remuneration and social security | 45 | €17,014 | €19,330 | +€2,317 | +13.6% |
| Taxes | 450/3 | €11,083 | €13,400 | +€2,317 | +20.9% |
| Remuneration and social security | 454/9 | €5,930 | €5,930 | = | 0.0% |
| Other amounts payable | 47/48 | - | €487,899 | +€487,899 | |
| Accrued charges and deferred income | 492/3 | - | €17,070 | +€17,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,820 | €94,820 | = | 0.0% |
| Other operating charges | 640/8 | €5,423 | €19,451 | +€14,027 | +259% |
| Gross operating margin | 9900 | €293,078 | €309,224 | +€16,146 | +5.5% |
| Operating profit (loss) | 9901 | €192,834 | €194,953 | +€2,118 | +1.1% |
| Financial income | 75/76B | €359 | €2,034 | +€1,675 | +467% |
| Recurring financial income | 75 | €359 | €2,034 | +€1,675 | +467% |
| Financial charges | 65/66B | €5,867 | €17,784 | +€11,917 | +203% |
| Recurring financial charges | 65 | €5,867 | €17,784 | +€11,917 | +203% |
| Profit (loss) for the period before taxes | 9903 | €187,326 | €179,203 | -€8,123 | -4.3% |
| Income taxes | 67/77 | €56,083 | €53,400 | -€2,683 | -4.8% |
| Profit (loss) for the period | 9904 | €131,243 | €125,804 | -€5,440 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €131,243 | €125,804 | -€5,440 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.