BCDM IMMO: 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.
BCDM IMMO
Largest movements
- Tangible fixed assets -€23,416
down €23,416 (-6.8%), from €345,059 to €321,643
of which Land and buildings: -€19,526
- Debts after one year -€41,009
down €41,009 (-70.9%), from €57,865 to €16,856
- Profit (loss) carried forward +€9,549
up €9,549 (+88.8%), from -€10,748 to -€1,199
- Other debts +€6,370
up €6,370 (+4.9%), from €128,834 to €135,204
- Gross operating margin -€4,725
down €4,725 (-8.8%), from €53,521 to €48,796
- Financial charges -€2,427
down €2,427 (-15.7%), from €15,438 to €13,012
- Other operating charges -€589
down €589 (-17.3%), from €3,408 to €2,819
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 | €370,833 | €349,212 | -€21,621 | -5.8% |
| Fixed assets | 21/28 | €345,059 | €321,643 | -€23,416 | -6.8% |
| Tangible fixed assets | 22/27 | €345,059 | €321,643 | -€23,416 | -6.8% |
| Land and buildings | 22 | €318,281 | €298,754 | -€19,526 | -6.1% |
| Other tangible fixed assets | 26 | €26,779 | €22,889 | -€3,890 | -14.5% |
| Current assets | 29/58 | €25,774 | €27,569 | +€1,795 | +7.0% |
| Amounts receivable within one year | 40/41 | €64 | - | -€64 | |
| Trade receivables | 40 | €64 | - | -€64 | |
| Cash at bank and in hand | 54/58 | €21,059 | €21,610 | +€551 | +2.6% |
| Deferred charges and accrued income | 490/1 | €4,651 | €5,959 | +€1,308 | +28.1% |
| Total equity and liabilities | 10/49 | €370,833 | €349,212 | -€21,621 | -5.8% |
| Equity | 10/15 | €141,752 | €151,301 | +€9,549 | +6.7% |
| Contributions | 10/11 | €152,500 | €152,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,748 | -€1,199 | +€9,549 | +88.8% |
| Amounts payable | 17/49 | €229,081 | €197,911 | -€31,170 | -13.6% |
| Amounts payable after more than one year | 17 | €57,865 | €16,856 | -€41,009 | -70.9% |
| Financial debts | 170/4 | €57,865 | €16,856 | -€41,009 | -70.9% |
| Amounts payable within one year | 42/48 | €171,217 | €180,506 | +€9,289 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €39,085 | €41,009 | +€1,924 | +4.9% |
| Trade debts | 44 | €387 | €1,562 | +€1,175 | +303.4% |
| Suppliers | 440/4 | €387 | €1,562 | +€1,175 | +303.4% |
| Taxes, remuneration and social security | 45 | €2,910 | €2,730 | -€180 | -6.2% |
| Taxes | 450/3 | €2,910 | €2,730 | -€180 | -6.2% |
| Other amounts payable | 47/48 | €128,834 | €135,204 | +€6,370 | +4.9% |
| Accrued charges and deferred income | 492/3 | - | €550 | +€550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,494 | €23,416 | -€78 | -0.3% |
| Other operating charges | 640/8 | €3,408 | €2,819 | -€589 | -17.3% |
| Gross operating margin | 9900 | €53,521 | €48,796 | -€4,725 | -8.8% |
| Operating profit (loss) | 9901 | €26,619 | €22,561 | -€4,058 | -15.2% |
| Financial charges | 65/66B | €15,438 | €13,012 | -€2,427 | -15.7% |
| Recurring financial charges | 65 | €15,438 | €13,012 | -€2,427 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €11,181 | €9,549 | -€1,632 | -14.6% |
| Profit (loss) for the period | 9904 | €11,181 | €9,549 | -€1,632 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,181 | €9,549 | -€1,632 | -14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.