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BEV 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.

What changed

BEV IMMO

BE 0432.675.824
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,023
2024 · €2,176+€9,847
Equity
€354,114
2024 · €342,091+€12,023
Cash
€75,194
2024 · €45,802+€29,393
Balance sheet total
€382,546
2024 · €380,595+€1,951

Largest movements

2024 to 2025
Assets
  • Cash +€29,393

    up €29,393 (+64.2%), from €45,802 to €75,194

    mainly Depreciation (+€26,915) and Net result for the year (+€12,023)

  • Tangible fixed assets -€26,915

    down €26,915 (-8.1%), from €331,790 to €304,876

    of which Land and buildings: -€25,497

Equity and liabilities
  • Reserves +€147,333

    up €147,333 (+75.9%), from €194,162 to €341,494

    of which Distributable reserves: +€147,333

  • Profit (loss) carried forward -€135,310

    no longer reported in 2025 (was €135,310)

  • Debts after one year -€9,124

    no longer reported in 2025 (was €9,124)

Income statement
  • Gross operating margin +€8,522

    up €8,522 (+18.9%), from €44,993 to €53,515

  • Taxes +€7,368

    up €7,368, from -€305 to €7,063

  • Financial charges -€6,771

    down €6,771 (-92.2%), from €7,344 to €573

    of which Non-recurring financial charges: -€6,568

  • Depreciation -€1,561

    down €1,561 (-5.5%), from €28,475 to €26,915

  • Other operating charges -€894

    down €894 (-11.3%), from €7,938 to €7,044

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,176
Gross operating margin +€8,522
Depreciation +€1,561
Other operating charges +€894
Financial income -€534
Financial charges +€6,771
Taxes -€7,368
Result 2025 €12,023

Cash bridge derived

cash 2024 to 2025

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.

From operations +€37,621
Investment €0
Financing -€8,228
Cash 2024 €45,802
Net result for the year +€12,023
Depreciation +€26,915
Receivables within one year +€798
Deferred charges and accrued income -€271
Trade debts -€556
Tax, wage and social debts +€640
Other debts -€1,931
Accrued charges and deferred income +€4
Debts after one year -€9,124
Current portion of long-term debt +€895
Cash 2025 €75,194
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €380,595 €382,546 +€1,951 +0.5%
Fixed assets 21/28 €331,790 €304,876 -€26,915 -8.1%
Tangible fixed assets 22/27 €331,790 €304,876 -€26,915 -8.1%
Land and buildings 22 €325,480 €299,983 -€25,497 -7.8%
Plant, machinery and equipment 23 €6,311 €4,893 -€1,418 -22.5%
Current assets 29/58 €48,804 €77,670 +€28,866 +59.1%
Amounts receivable within one year 40/41 €2,217 €1,419 -€798 -36.0%
Other amounts receivable 41 €2,217 €1,419 -€798 -36.0%
Cash at bank and in hand 54/58 €45,802 €75,194 +€29,393 +64.2%
Deferred charges and accrued income 490/1 €786 €1,057 +€271 +34.5%
Total equity and liabilities 10/49 €380,595 €382,546 +€1,951 +0.5%
Equity 10/15 €342,091 €354,114 +€12,023 +3.5%
Contributions 10/11 €12,620 €12,620 = 0.0%
Reserves 13 €194,162 €341,494 +€147,333 +75.9%
Tax-exempt reserves 132 €18,750 €18,750 = 0.0%
Distributable reserves 133 €175,412 €322,744 +€147,333 +84.0%
Profit (loss) carried forward 14 €135,310 - -€135,310
Amounts payable 17/49 €38,504 €28,432 -€10,072 -26.2%
Amounts payable after more than one year 17 €9,124 - -€9,124
Financial debts 170/4 €9,124 - -€9,124
Amounts payable within one year 42/48 €28,995 €28,044 -€952 -3.3%
Current portion of amounts payable after more than one year 42 €17,323 €18,218 +€895 +5.2%
Trade debts 44 €1,507 €952 -€556 -36.9%
Suppliers 440/4 €1,507 €952 -€556 -36.9%
Taxes, remuneration and social security 45 €4,555 €5,195 +€640 +14.1%
Taxes 450/3 €4,555 €5,195 +€640 +14.1%
Other amounts payable 47/48 €5,611 €3,679 -€1,931 -34.4%
Accrued charges and deferred income 492/3 €384 €388 +€4 +0.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,475 €26,915 -€1,561 -5.5%
Other operating charges 640/8 €7,938 €7,044 -€894 -11.3%
Gross operating margin 9900 €44,993 €53,515 +€8,522 +18.9%
Operating profit (loss) 9901 €8,580 €19,557 +€10,977 +127.9%
Financial income 75/76B €636 €102 -€534 -84.0%
Recurring financial income 75 €636 €102 -€534 -84.0%
Financial charges 65/66B €7,344 €573 -€6,771 -92.2%
Recurring financial charges 65 €776 €573 -€203 -26.1%
Non-recurring financial charges 66B €6,568 - -€6,568
Profit (loss) for the period before taxes 9903 €1,871 €19,086 +€17,215 +919.9%
Income taxes 67/77 -€305 €7,063 +€7,368
Profit (loss) for the period 9904 €2,176 €12,023 +€9,847 +452.4%
Profit (loss) for the period to be appropriated 9905 €2,176 €12,023 +€9,847 +452.4%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.