BGI 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.
BGI Immo
Largest movements
- Deferred charges and accrued income +€37,337
new in 2025: €37,337
- Receivables within one year +€20,305
up €20,305 (+398.2%), from €5,099 to €25,405
of which Trade receivables: +€20,305
- Cash -€13,985
down €13,985 (-74.3%), from €18,824 to €4,839
mainly Deferred charges and accrued income (-€37,337) and Investment in fixed assets (net) (-€22,000)
- Tangible fixed assets +€9,776
up €9,776 (+3.4%), from €286,729 to €296,505
- Profit (loss) carried forward +€41,955
up €41,955 (+69.3%), from -€60,516 to -€18,560
- Debts after one year +€7,815
up €7,815 (+8.8%), from €88,344 to €96,159
- Current portion of long-term debt +€7,493
up €7,493 (+28.0%), from €26,791 to €34,285
- Trade debts -€4,995
down €4,995 (-61.8%), from €8,088 to €3,093
- Gross operating margin +€19,034
up €19,034 (+41.8%), from €45,504 to €64,539
- Financial charges -€1,156
down €1,156 (-17.5%), from €6,594 to €5,438
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 | €310,652 | €364,085 | +€53,434 | +17.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €286,729 | €296,505 | +€9,776 | +3.4% |
| Tangible fixed assets | 22/27 | €286,729 | €296,505 | +€9,776 | +3.4% |
| Land and buildings | 22 | €286,729 | €296,505 | +€9,776 | +3.4% |
| Current assets | 29/58 | €23,923 | €67,581 | +€43,658 | +182.5% |
| Amounts receivable within one year | 40/41 | €5,099 | €25,405 | +€20,305 | +398.2% |
| Trade receivables | 40 | - | €20,305 | +€20,305 | |
| Other amounts receivable | 41 | €5,099 | €5,099 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,824 | €4,839 | -€13,985 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €37,337 | +€37,337 | |
| Total equity and liabilities | 10/49 | €310,652 | €364,085 | +€53,434 | +17.2% |
| Equity | 10/15 | -€53,359 | -€11,404 | +€41,955 | +78.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €957 | €957 | = | 0.0% |
| Non-distributable reserves | 130/1 | €957 | €957 | = | 0.0% |
| Reserves not available under the articles | 1311 | €957 | €957 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,516 | -€18,560 | +€41,955 | +69.3% |
| Amounts payable | 17/49 | €364,011 | €375,489 | +€11,478 | +3.2% |
| Amounts payable after more than one year | 17 | €88,344 | €96,159 | +€7,815 | +8.8% |
| Financial debts | 170/4 | €88,344 | €96,159 | +€7,815 | +8.8% |
| Amounts payable within one year | 42/48 | €273,016 | €276,683 | +€3,667 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €26,791 | €34,285 | +€7,493 | +28.0% |
| Trade debts | 44 | €8,088 | €3,093 | -€4,995 | -61.8% |
| Suppliers | 440/4 | €8,088 | €3,093 | -€4,995 | -61.8% |
| Other amounts payable | 47/48 | €238,137 | €239,305 | +€1,169 | +0.5% |
| Accrued charges and deferred income | 492/3 | €2,651 | €2,648 | -€3 | -0.1% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,162 | €12,224 | +€62 | +0.5% |
| Other operating charges | 640/8 | €4,612 | €4,921 | +€309 | +6.7% |
| Gross operating margin | 9900 | €45,504 | €64,539 | +€19,034 | +41.8% |
| Operating profit (loss) | 9901 | €28,730 | €47,394 | +€18,663 | +65.0% |
| Financial charges | 65/66B | €6,594 | €5,438 | -€1,156 | -17.5% |
| Recurring financial charges | 65 | €6,594 | €5,438 | -€1,156 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €22,136 | €41,955 | +€19,820 | +89.5% |
| Profit (loss) for the period | 9904 | €22,136 | €41,955 | +€19,820 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,136 | €41,955 | +€19,820 | +89.5% |
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 4 October 2026 via checked.be.