BBH 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.
BBH IMMO
Largest movements
- Tangible fixed assets +€203,509
up €203,509 (+30.6%), from €665,338 to €868,847
of which Land and buildings: +€207,500
- Receivables within one year -€19,448
down €19,448 (-12.6%), from €154,613 to €135,165
- Debts after one year +€142,711
up €142,711 (+26.3%), from €541,773 to €684,484
- Reserves +€19,270
up €19,270 (+8.8%), from €218,149 to €237,419
of which Distributable reserves: +€19,270
- Current portion of long-term debt +€11,665
up €11,665 (+28.8%), from €40,533 to €52,198
- Depreciation -€29,879
down €29,879 (-39.3%), from €76,120 to €46,241
- Gross operating margin +€19,684
up €19,684 (+19.6%), from €100,526 to €120,210
- Financial charges +€16,310
up €16,310 (+178.9%), from €9,117 to €25,427
- Taxes +€7,807
up €7,807 (+4290.1%), from €182 to €7,989
- Other operating charges +€1,278
up €1,278 (+8.3%), from €15,469 to €16,747
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 | €900,792 | €1,078,783 | +€177,991 | +19.8% |
| Fixed assets | 21/28 | €665,338 | €868,847 | +€203,509 | +30.6% |
| Tangible fixed assets | 22/27 | €665,338 | €868,847 | +€203,509 | +30.6% |
| Land and buildings | 22 | €661,346 | €868,847 | +€207,500 | +31.4% |
| Plant, machinery and equipment | 23 | €3,991 | €0 | -€3,991 | -100.0% |
| Current assets | 29/58 | €235,454 | €209,936 | -€25,518 | -10.8% |
| Amounts receivable within one year | 40/41 | €154,613 | €135,165 | -€19,448 | -12.6% |
| Other amounts receivable | 41 | €154,613 | €135,165 | -€19,448 | -12.6% |
| Cash at bank and in hand | 54/58 | €61,599 | €55,255 | -€6,345 | -10.3% |
| Deferred charges and accrued income | 490/1 | €19,242 | €19,516 | +€275 | +1.4% |
| Total equity and liabilities | 10/49 | €900,792 | €1,078,783 | +€177,991 | +19.8% |
| Equity | 10/15 | €305,888 | €325,159 | +€19,270 | +6.3% |
| Contributions | 10/11 | €87,740 | €87,740 | = | 0.0% |
| Capital | 10 | €87,740 | €87,740 | = | 0.0% |
| Issued capital | 100 | €87,740 | €87,740 | = | 0.0% |
| Reserves | 13 | €218,149 | €237,419 | +€19,270 | +8.8% |
| Non-distributable reserves | 130/1 | €8,774 | €8,774 | = | 0.0% |
| Legal reserve | 130 | €8,774 | €8,774 | = | 0.0% |
| Distributable reserves | 133 | €209,375 | €228,645 | +€19,270 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €594,903 | €753,624 | +€158,720 | +26.7% |
| Amounts payable after more than one year | 17 | €541,773 | €684,484 | +€142,711 | +26.3% |
| Financial debts | 170/4 | €541,773 | €684,484 | +€142,711 | +26.3% |
| Amounts payable within one year | 42/48 | €46,675 | €61,383 | +€14,708 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €40,533 | €52,198 | +€11,665 | +28.8% |
| Trade debts | 44 | €1,089 | €3,122 | +€2,033 | +186.8% |
| Suppliers | 440/4 | €1,089 | €3,122 | +€2,033 | +186.8% |
| Taxes, remuneration and social security | 45 | €4 | €4 | = | 0.0% |
| Taxes | 450/3 | €4 | €4 | = | 0.0% |
| Other amounts payable | 47/48 | €5,050 | €6,059 | +€1,010 | +20.0% |
| Accrued charges and deferred income | 492/3 | €6,455 | €7,757 | +€1,302 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,120 | €46,241 | -€29,879 | -39.3% |
| Other operating charges | 640/8 | €15,469 | €16,747 | +€1,278 | +8.3% |
| Gross operating margin | 9900 | €100,526 | €120,210 | +€19,684 | +19.6% |
| Operating profit (loss) | 9901 | €8,938 | €57,223 | +€48,285 | +540.2% |
| Financial income | 75/76B | €641 | €477 | -€163 | -25.5% |
| Recurring financial income | 75 | €641 | €477 | -€163 | -25.5% |
| Financial charges | 65/66B | €9,117 | €25,427 | +€16,310 | +178.9% |
| Recurring financial charges | 65 | €9,117 | €25,427 | +€16,310 | +178.9% |
| Profit (loss) for the period before taxes | 9903 | €461 | €32,273 | +€31,812 | +6894.0% |
| Income taxes | 67/77 | €182 | €7,989 | +€7,807 | +4290.1% |
| Profit (loss) for the period | 9904 | €279 | €24,285 | +€24,005 | +8589.5% |
| Profit (loss) for the period to be appropriated | 9905 | €279 | €24,285 | +€24,005 | +8589.5% |
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.