BELLEVUE 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.
BELLEVUE IMMO
Largest movements
- Cash -€73,571
down €73,571 (-31.0%), from €237,413 to €163,841
mainly Net result for the year (-€103,205) and Investment in fixed assets (net) (-€47,636)
- Tangible fixed assets -€27,135
down €27,135 (-3.1%), from €878,382 to €851,246
- Profit (loss) carried forward -€103,205
down €103,205 (-13.2%), from -€784,633 to -€887,838
- Gross operating margin -€82,329
down €82,329, from €62,174 to -€20,154
- Depreciation +€6,540
up €6,540 (+9.6%), from €68,231 to €74,771
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 | €1,117,978 | €1,015,667 | -€102,311 | -9.2% |
| Fixed assets | 21/28 | €878,961 | €851,825 | -€27,135 | -3.1% |
| Tangible fixed assets | 22/27 | €878,382 | €851,246 | -€27,135 | -3.1% |
| Land and buildings | 22 | €878,382 | €851,246 | -€27,135 | -3.1% |
| Financial fixed assets | 28 | €579 | €579 | = | 0.0% |
| Current assets | 29/58 | €239,017 | €163,841 | -€75,176 | -31.5% |
| Amounts receivable within one year | 40/41 | €1,407 | - | -€1,407 | |
| Other amounts receivable | 41 | €1,407 | - | -€1,407 | |
| Cash at bank and in hand | 54/58 | €237,413 | €163,841 | -€73,571 | -31.0% |
| Deferred charges and accrued income | 490/1 | €197 | - | -€197 | |
| Total equity and liabilities | 10/49 | €1,117,978 | €1,015,667 | -€102,311 | -9.2% |
| Equity | 10/15 | -€484,633 | -€587,838 | -€103,205 | -21.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€784,633 | -€887,838 | -€103,205 | -13.2% |
| Amounts payable | 17/49 | €1,602,611 | €1,603,504 | +€893 | +0.1% |
| Amounts payable after more than one year | 17 | €1,601,318 | €1,601,253 | -€66 | 0.0% |
| Financial debts | 170/4 | €1,601,318 | €1,601,253 | -€66 | 0.0% |
| Amounts payable within one year | 42/48 | €1,293 | €2,252 | +€959 | +74.2% |
| Trade debts | 44 | - | €4 | +€4 | |
| Suppliers | 440/4 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €1,293 | €2,248 | +€955 | +73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,231 | €74,771 | +€6,540 | +9.6% |
| Other operating charges | 640/8 | €7,815 | €8,041 | +€225 | +2.9% |
| Gross operating margin | 9900 | €62,174 | -€20,154 | -€82,329 | |
| Operating profit (loss) | 9901 | -€13,872 | -€102,966 | -€89,094 | -642.3% |
| Financial charges | 65/66B | €153 | €238 | +€85 | +55.5% |
| Recurring financial charges | 65 | €153 | €238 | +€85 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,025 | -€103,205 | -€89,179 | -635.8% |
| Profit (loss) for the period | 9904 | -€14,025 | -€103,205 | -€89,179 | -635.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,025 | -€103,205 | -€89,179 | -635.8% |
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 11 October 2026 via checked.be.