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BCD 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.

What changed

BCD IMMO

BE 0781.794.264
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,738
2023 · -€40,652+€56,390
Equity
€15,086
2023 · -€652+€15,738
Cash
€14,378
2023 · €2,279+€12,099
Balance sheet total
€292,806
2023 · €291,353+€1,453

Largest movements

2023 to 2024
Assets
  • Cash +€12,099

    up €12,099 (+530.8%), from €2,279 to €14,378

    mainly Net result for the year (+€15,738) and Depreciation (+€9,288)

  • Tangible fixed assets -€10,646

    down €10,646 (-3.7%), from €289,073 to €278,428

Equity and liabilities
  • Profit (loss) carried forward +€15,738

    up €15,738 (+38.7%), from -€40,652 to -€24,914

  • Debts after one year -€15,227

    down €15,227 (-7.2%), from €210,850 to €195,623

Income statement
  • Other operating charges -€42,031

    down €42,031 (-93.1%), from €45,141 to €3,110

  • Depreciation -€8,374

    down €8,374 (-47.4%), from €17,662 to €9,288

  • Financial charges -€3,854

    down €3,854 (-45.9%), from €8,398 to €4,544

  • Gross operating margin +€2,130

    up €2,130 (+7.0%), from €30,550 to €32,680

From the 2023 result to the 2024 result

effect on the 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 2023 -€40,652
Gross operating margin +€2,130
Depreciation +€8,374
Other operating charges +€42,031
Financial charges +€3,854
Result 2024 €15,738

Cash bridge derived

cash 2023 to 2024

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.

From operations +€25,667
Investment +€1,358
Financing -€14,926
Cash 2023 €2,279
Net result for the year +€15,738
Depreciation +€9,288
Trade debts -€8
Accrued charges and deferred income +€650
Investment in fixed assets (net) +€1,358
Debts after one year -€15,227
Current portion of long-term debt +€301
Cash 2024 €14,378
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €291,353 €292,806 +€1,453 +0.5%
Fixed assets 21/28 €289,073 €278,428 -€10,646 -3.7%
Tangible fixed assets 22/27 €289,073 €278,428 -€10,646 -3.7%
Land and buildings 22 €289,073 €278,428 -€10,646 -3.7%
Current assets 29/58 €2,279 €14,378 +€12,099 +530.8%
Cash at bank and in hand 54/58 €2,279 €14,378 +€12,099 +530.8%
Total equity and liabilities 10/49 €291,353 €292,806 +€1,453 +0.5%
Equity 10/15 -€652 €15,086 +€15,738
Contributions 10/11 €40,000 €40,000 = 0.0%
Profit (loss) carried forward 14 -€40,652 -€24,914 +€15,738 +38.7%
Amounts payable 17/49 €292,005 €277,720 -€14,285 -4.9%
Amounts payable after more than one year 17 €210,850 €195,623 -€15,227 -7.2%
Financial debts 170/4 €210,850 €195,623 -€15,227 -7.2%
Amounts payable within one year 42/48 €81,155 €81,447 +€293 +0.4%
Current portion of amounts payable after more than one year 42 €14,926 €15,227 +€301 +2.0%
Trade debts 44 €8 €0 -€8 -100.0%
Suppliers 440/4 €8 €0 -€8 -100.0%
Other amounts payable 47/48 €66,220 €66,220 = 0.0%
Accrued charges and deferred income 492/3 - €650 +€650
Non-recurring operating income 76A - €207 +€207
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,662 €9,288 -€8,374 -47.4%
Other operating charges 640/8 €45,141 €3,110 -€42,031 -93.1%
Gross operating margin 9900 €30,550 €32,680 +€2,130 +7.0%
Operating profit (loss) 9901 -€32,254 €20,282 +€52,536
Financial charges 65/66B €8,398 €4,544 -€3,854 -45.9%
Recurring financial charges 65 €8,398 €4,544 -€3,854 -45.9%
Profit (loss) for the period before taxes 9903 -€40,652 €15,738 +€56,390
Profit (loss) for the period 9904 -€40,652 €15,738 +€56,390
Profit (loss) for the period to be appropriated 9905 -€40,652 €15,738 +€56,390

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 28 September 2026 via checked.be.