BEG 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.
BEG IMMO
Largest movements
- Tangible fixed assets -€11,297
down €11,297 (-6.6%), from €172,033 to €160,736
- Debts after one year -€6,865
down €6,865 (-5.0%), from €137,241 to €130,376
- Profit (loss) carried forward -€4,226
down €4,226 (-13.0%), from -€32,587 to -€36,813
- Gross operating margin +€1,440
up €1,440 (+15.1%), from €9,542 to €10,982
- Other operating charges -€760
down €760 (-51.3%), from €1,482 to €722
- Financial charges -€123
down €123 (-3.7%), from €3,312 to €3,189
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 | €174,212 | €164,580 | -€9,632 | -5.5% |
| Fixed assets | 21/28 | €172,033 | €160,736 | -€11,297 | -6.6% |
| Tangible fixed assets | 22/27 | €172,033 | €160,736 | -€11,297 | -6.6% |
| Land and buildings | 22 | €172,033 | €160,736 | -€11,297 | -6.6% |
| Current assets | 29/58 | €2,179 | €3,844 | +€1,665 | +76.4% |
| Cash at bank and in hand | 54/58 | €470 | €635 | +€165 | +35.1% |
| Deferred charges and accrued income | 490/1 | €1,709 | €3,209 | +€1,500 | +87.8% |
| Total equity and liabilities | 10/49 | €174,212 | €164,580 | -€9,632 | -5.5% |
| Equity | 10/15 | -€22,587 | -€26,813 | -€4,226 | -18.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,587 | -€36,813 | -€4,226 | -13.0% |
| Amounts payable | 17/49 | €196,799 | €191,393 | -€5,406 | -2.7% |
| Amounts payable after more than one year | 17 | €137,241 | €130,376 | -€6,865 | -5.0% |
| Financial debts | 170/4 | €137,241 | €130,376 | -€6,865 | -5.0% |
| Amounts payable within one year | 42/48 | €59,558 | €61,017 | +€1,459 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €6,723 | €6,865 | +€142 | +2.1% |
| Trade debts | 44 | €2,451 | €2,512 | +€61 | +2.5% |
| Suppliers | 440/4 | €2,451 | €2,512 | +€61 | +2.5% |
| Other amounts payable | 47/48 | €50,384 | €51,640 | +€1,256 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,297 | €11,297 | = | 0.0% |
| Other operating charges | 640/8 | €1,482 | €722 | -€760 | -51.3% |
| Gross operating margin | 9900 | €9,542 | €10,982 | +€1,440 | +15.1% |
| Operating profit (loss) | 9901 | -€3,237 | -€1,037 | +€2,200 | +68.0% |
| Financial charges | 65/66B | €3,312 | €3,189 | -€123 | -3.7% |
| Recurring financial charges | 65 | €3,312 | €3,189 | -€123 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,549 | -€4,226 | +€2,323 | +35.5% |
| Profit (loss) for the period | 9904 | -€6,549 | -€4,226 | +€2,323 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,549 | -€4,226 | +€2,323 | +35.5% |
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 6 October 2026 via checked.be.