BDSM 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.
BDSM IMMO
Largest movements
- Tangible fixed assets -€18,548
down €18,548 (-6.0%), from €308,362 to €289,814
of which Leasing and similar rights: -€11,000
- Receivables within one year -€3,551
down €3,551 (-60.8%), from €5,837 to €2,286
of which Trade receivables: -€2,768
- Cash +€3,267
up €3,267 (+236%), from €1,384 to €4,651
mainly Depreciation (+€18,548) and Trade debts (+€5,775)
- Debts after one year -€18,053
down €18,053 (-9.5%), from €190,574 to €172,521
of which Financial debts: -€21,603
- Trade debts +€5,775
up €5,775 (+58.8%), from €9,815 to €15,590
- Profit (loss) carried forward -€4,835
down €4,835 (-23.9%), from €20,211 to €15,375
- Accrued charges and deferred income -€3,979
down €3,979 (-99.5%), from €4,000 to €21
- Gross operating margin -€5,352
down €5,352 (-19.8%), from €26,969 to €21,617
- Financial charges -€768
down €768 (-8.9%), from €8,631 to €7,864
of which Financial charges: -€974
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 | €315,584 | €297,389 | -€18,194 | -5.8% |
| Fixed assets | 21/28 | €308,362 | €289,814 | -€18,548 | -6.0% |
| Tangible fixed assets | 22/27 | €308,362 | €289,814 | -€18,548 | -6.0% |
| Land and buildings | 22 | €221,686 | €214,551 | -€7,135 | -3.2% |
| Plant, machinery and equipment | 23 | €1,147 | €734 | -€413 | -36.0% |
| Leasing and similar rights | 25 | €85,529 | €74,529 | -€11,000 | -12.9% |
| Current assets | 29/58 | €7,221 | €7,575 | +€354 | +4.9% |
| Amounts receivable within one year | 40/41 | €5,837 | €2,286 | -€3,551 | -60.8% |
| Trade receivables | 40 | €5,054 | €2,286 | -€2,768 | -54.8% |
| Other amounts receivable | 41 | €783 | - | -€783 | |
| Cash at bank and in hand | 54/58 | €1,384 | €4,651 | +€3,267 | +236% |
| Deferred charges and accrued income | 490/1 | - | €638 | +€638 | |
| Total equity and liabilities | 10/49 | €315,584 | €297,389 | -€18,194 | -5.8% |
| Equity | 10/15 | €50,211 | €45,375 | -€4,835 | -9.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,211 | €15,375 | -€4,835 | -23.9% |
| Amounts payable | 17/49 | €265,373 | €252,014 | -€13,359 | -5.0% |
| Amounts payable after more than one year | 17 | €190,574 | €172,521 | -€18,053 | -9.5% |
| Financial debts | 170/4 | €190,174 | €168,571 | -€21,603 | -11.4% |
| Other amounts payable | 178/9 | €400 | €3,950 | +€3,550 | +888% |
| Amounts payable within one year | 42/48 | €70,799 | €79,473 | +€8,673 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €28,938 | €29,804 | +€866 | +3.0% |
| Trade debts | 44 | €9,815 | €15,590 | +€5,775 | +58.8% |
| Suppliers | 440/4 | €9,815 | €15,590 | +€5,775 | +58.8% |
| Taxes, remuneration and social security | 45 | - | €556 | +€556 | |
| Taxes | 450/3 | - | €556 | +€556 | |
| Other amounts payable | 47/48 | €32,046 | €33,522 | +€1,477 | +4.6% |
| Accrued charges and deferred income | 492/3 | €4,000 | €21 | -€3,979 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,548 | €18,548 | = | 0.0% |
| Other operating charges | 640/8 | - | €71 | +€71 | |
| Gross operating margin | 9900 | €26,969 | €21,617 | -€5,352 | -19.8% |
| Operating profit (loss) | 9901 | €8,420 | €2,997 | -€5,424 | -64.4% |
| Financial income | 75/76B | €0 | €32 | +€31 | +314,900% |
| Recurring financial income | 75 | €0 | €32 | +€31 | +314,900% |
| Financial charges | 65/66B | €8,631 | €7,864 | -€768 | -8.9% |
| Recurring financial charges | 65 | €8,629 | €7,655 | -€974 | -11.3% |
| Non-recurring financial charges | 66B | €2 | €209 | +€207 | +10,390% |
| Profit (loss) for the period before taxes | 9903 | -€211 | -€4,835 | -€4,624 | -2,192% |
| Profit (loss) for the period | 9904 | -€211 | -€4,835 | -€4,624 | -2,192% |
| Profit (loss) for the period to be appropriated | 9905 | -€211 | -€4,835 | -€4,624 | -2,192% |
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 15 October 2026 via checked.be.