BGH 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.
BGH IMMO
Largest movements
- Tangible fixed assets -€4,215
down €4,215 (-4.3%), from €97,770 to €93,555
of which Land and buildings: -€4,215
- Cash -€1,003
down €1,003 (-55.2%), from €1,816 to €813
mainly Accrued charges and deferred income (-€24,000) and Contributions, distributions and other (-€9,866)
- Accrued charges and deferred income -€24,000
down €24,000 (-36.4%), from €66,000 to €42,000
- Reserves +€10,437
up €10,437 (+34.6%), from €30,180 to €40,617
- Other debts +€9,866
up €9,866, from €0 to €9,866
- Trade debts -€1,502
down €1,502 (-79.0%), from €1,902 to €400
No income-statement line moved by more than 1% of the activity.
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 | €100,061 | €94,858 | -€5,203 | -5.2% |
| Fixed assets | 21/28 | €97,770 | €93,555 | -€4,215 | -4.3% |
| Tangible fixed assets | 22/27 | €97,770 | €93,555 | -€4,215 | -4.3% |
| Land and buildings | 22 | €97,770 | €93,555 | -€4,215 | -4.3% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €2,292 | €1,303 | -€988 | -43.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,816 | €813 | -€1,003 | -55.2% |
| Deferred charges and accrued income | 490/1 | €475 | €490 | +€15 | +3.1% |
| Total equity and liabilities | 10/49 | €100,061 | €94,858 | -€5,203 | -5.2% |
| Equity | 10/15 | €30,180 | €40,617 | +€10,437 | +34.6% |
| Reserves | 13 | €30,180 | €40,617 | +€10,437 | +34.6% |
| Distributable reserves | 133 | €30,180 | €40,617 | +€10,437 | +34.6% |
| Amounts payable | 17/49 | €69,881 | €54,241 | -€15,640 | -22.4% |
| Amounts payable within one year | 42/48 | €3,881 | €12,241 | +€8,360 | +215.4% |
| Trade debts | 44 | €1,902 | €400 | -€1,502 | -79.0% |
| Suppliers | 440/4 | €1,902 | €400 | -€1,502 | -79.0% |
| Taxes, remuneration and social security | 45 | €1,980 | €1,975 | -€5 | -0.2% |
| Taxes | 450/3 | €1,980 | €1,975 | -€5 | -0.2% |
| Other amounts payable | 47/48 | €0 | €9,866 | +€9,866 | |
| Accrued charges and deferred income | 492/3 | €66,000 | €42,000 | -€24,000 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,215 | €4,215 | = | 0.0% |
| Other operating charges | 640/8 | €1,500 | €1,550 | +€50 | +3.3% |
| Gross operating margin | 9900 | €35,550 | €35,540 | -€10 | 0.0% |
| Operating profit (loss) | 9901 | €29,835 | €29,775 | -€60 | -0.2% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €42 | €47 | +€5 | +10.7% |
| Recurring financial charges | 65 | €42 | €47 | +€5 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €29,793 | €29,778 | -€15 | -0.1% |
| Income taxes | 67/77 | €9,480 | €9,475 | -€5 | -0.1% |
| Profit (loss) for the period | 9904 | €20,314 | €20,303 | -€10 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,314 | €20,303 | -€10 | -0.1% |
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 3 October 2026 via checked.be.