BEUSCHART - 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.
BEUSCHART - IMMO
Largest movements
- Receivables within one year +€59,538
up €59,538 (+204%), from €29,155 to €88,693
of which Trade receivables: +€57,536
- Debts after one year +€26,773
up €26,773 (+62.2%), from €43,017 to €69,791
- Current portion of long-term debt +€17,396
up €17,396 (+57.7%), from €30,152 to €47,548
- Reserves +€11,898
up €11,898 (+2.8%), from €424,556 to €436,453
- Gross operating margin +€17,447
up €17,447 (+16.4%), from €106,215 to €123,662
- Depreciation +€8,676
up €8,676 (+12.8%), from €67,535 to €76,211
- Taxes -€1,468
down €1,468 (-36.0%), from €4,073 to €2,605
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 | €673,742 | €732,685 | +€58,943 | +8.7% |
| Fixed assets | 21/28 | €636,266 | €634,754 | -€1,511 | -0.2% |
| Tangible fixed assets | 22/27 | €636,266 | €634,754 | -€1,511 | -0.2% |
| Land and buildings | 22 | €570,740 | €543,327 | -€27,413 | -4.8% |
| Furniture and vehicles | 24 | €65,525 | €19,174 | -€46,352 | -70.7% |
| Leasing and similar rights | 25 | - | €72,254 | +€72,254 | |
| Current assets | 29/58 | €37,476 | €97,930 | +€60,454 | +161% |
| Amounts receivable within one year | 40/41 | €29,155 | €88,693 | +€59,538 | +204% |
| Trade receivables | 40 | €17,906 | €75,442 | +€57,536 | +321% |
| Other amounts receivable | 41 | €11,249 | €13,251 | +€2,002 | +17.8% |
| Cash at bank and in hand | 54/58 | €5,602 | €4,797 | -€804 | -14.4% |
| Deferred charges and accrued income | 490/1 | €2,719 | €4,440 | +€1,721 | +63.3% |
| Total equity and liabilities | 10/49 | €673,742 | €732,685 | +€58,943 | +8.7% |
| Equity | 10/15 | €443,156 | €455,053 | +€11,898 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €424,556 | €436,453 | +€11,898 | +2.8% |
| Distributable reserves | 133 | €424,556 | €436,453 | +€11,898 | +2.8% |
| Amounts payable | 17/49 | €230,586 | €277,631 | +€47,045 | +20.4% |
| Amounts payable after more than one year | 17 | €43,017 | €69,791 | +€26,773 | +62.2% |
| Financial debts | 170/4 | €43,017 | €69,791 | +€26,773 | +62.2% |
| Amounts payable within one year | 42/48 | €187,569 | €207,841 | +€20,272 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €30,152 | €47,548 | +€17,396 | +57.7% |
| Trade debts | 44 | €12,493 | €16,496 | +€4,003 | +32.0% |
| Suppliers | 440/4 | €12,493 | €16,496 | +€4,003 | +32.0% |
| Taxes, remuneration and social security | 45 | €3,535 | €5,408 | +€1,873 | +53.0% |
| Taxes | 450/3 | €3,535 | €5,408 | +€1,873 | +53.0% |
| Other amounts payable | 47/48 | €141,389 | €138,389 | -€3,000 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,535 | €76,211 | +€8,676 | +12.8% |
| Other operating charges | 640/8 | €20,374 | €20,880 | +€506 | +2.5% |
| Non-recurring operating charges | 66A | - | €8,151 | +€8,151 | |
| Gross operating margin | 9900 | €106,215 | €123,662 | +€17,447 | +16.4% |
| Operating profit (loss) | 9901 | €18,306 | €18,421 | +€115 | +0.6% |
| Financial income | 75/76B | €40 | €0 | -€40 | -100% |
| Recurring financial income | 75 | €40 | €0 | -€40 | -100% |
| Financial charges | 65/66B | €2,836 | €3,918 | +€1,082 | +38.1% |
| Recurring financial charges | 65 | €2,836 | €3,918 | +€1,082 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €15,510 | €14,503 | -€1,007 | -6.5% |
| Income taxes | 67/77 | €4,073 | €2,605 | -€1,468 | -36.0% |
| Profit (loss) for the period | 9904 | €11,437 | €11,898 | +€461 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,437 | €11,898 | +€461 | +4.0% |
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 14 October 2026 via checked.be.