BD Immo-Advisors: 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.
BD Immo-Advisors
Largest movements
- Cash +€49,014
up €49,014 (+44.5%), from €110,030 to €159,044
mainly Other debts (+€133,500) and Net result for the year (+€46,593)
- Receivables within one year -€10,639
down €10,639 (-5.7%), from €185,824 to €175,185
of which Trade receivables: -€17,182
- Receivables after one year +€8,034
up €8,034 (+2.4%), from €338,633 to €346,668
- Other debts +€133,500
new in 2025: €133,500
- Reserves -€86,907
down €86,907 (-14.5%), from €599,414 to €512,507
- Gross operating margin -€52,598
down €52,598 (-49.4%), from €106,460 to €53,862
- Taxes -€14,294
down €14,294 (-38.1%), from €37,482 to €23,189
- Financial income +€6,712
up €6,712 (+65.2%), from €10,300 to €17,013
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 | €635,726 | €682,878 | +€47,152 | +7.4% |
| Current assets | 29/58 | €635,726 | €682,878 | +€47,152 | +7.4% |
| Amounts receivable after more than one year | 29 | €338,633 | €346,668 | +€8,034 | +2.4% |
| Trade receivables | 290 | €338,633 | €346,668 | +€8,034 | +2.4% |
| Amounts receivable within one year | 40/41 | €185,824 | €175,185 | -€10,639 | -5.7% |
| Trade receivables | 40 | €29,300 | €12,118 | -€17,182 | -58.6% |
| Other amounts receivable | 41 | €156,524 | €163,067 | +€6,543 | +4.2% |
| Cash at bank and in hand | 54/58 | €110,030 | €159,044 | +€49,014 | +44.5% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,981 | +€743 | +60.0% |
| Total equity and liabilities | 10/49 | €635,726 | €682,878 | +€47,152 | +7.4% |
| Equity | 10/15 | €627,914 | €541,007 | -€86,907 | -13.8% |
| Contributions | 10/11 | €28,500 | €28,500 | = | 0.0% |
| Reserves | 13 | €599,414 | €512,507 | -€86,907 | -14.5% |
| Distributable reserves | 133 | €599,414 | €512,507 | -€86,907 | -14.5% |
| Amounts payable | 17/49 | €7,812 | €141,871 | +€134,059 | +1,716% |
| Amounts payable within one year | 42/48 | €7,812 | €141,871 | +€134,059 | +1,716% |
| Trade debts | 44 | - | €182 | +€182 | |
| Suppliers | 440/4 | - | €182 | +€182 | |
| Taxes, remuneration and social security | 45 | €7,812 | €8,189 | +€377 | +4.8% |
| Taxes | 450/3 | €7,812 | €8,189 | +€377 | +4.8% |
| Other amounts payable | 47/48 | - | €133,500 | +€133,500 | |
| Other operating charges | 640/8 | €1,007 | €922 | -€85 | -8.4% |
| Gross operating margin | 9900 | €106,460 | €53,862 | -€52,598 | -49.4% |
| Operating profit (loss) | 9901 | €105,453 | €52,940 | -€52,513 | -49.8% |
| Financial income | 75/76B | €10,300 | €17,013 | +€6,712 | +65.2% |
| Recurring financial income | 75 | €10,300 | €17,013 | +€6,712 | +65.2% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €115,600 | €69,782 | -€45,818 | -39.6% |
| Income taxes | 67/77 | €37,482 | €23,189 | -€14,294 | -38.1% |
| Profit (loss) for the period | 9904 | €78,118 | €46,593 | -€31,524 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,118 | €46,593 | -€31,524 | -40.4% |
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 25 October 2026 via checked.be.