BIMAC: 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
BIMAC
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,576
2024 · €5,605-€4,028
Equity
€1.4m
2024 · €1.4m+€1,576
Cash
€36,117
2024 · €24,459+€11,658
Balance sheet total
€1.4m
2024 · €1.5m-€143,104
Largest movements
Assets
- Receivables within one year -€147,351
down €147,351 (-44.9%), from €328,541 to €181,190
of which Other amounts receivable: -€154,035
Equity and liabilities
- Other debts -€150,000
down €150,000 (-100.0%), from €150,000 to €0
Income statement
- Taxes -€66,277
down €66,277 (-98.2%), from €67,506 to €1,229
- Gross operating margin +€19,477
up €19,477 (+60.0%), from €32,450 to €51,927
- Financial income -€18,526
down €18,526 (-69.6%), from €26,618 to €8,092
- Other operating charges -€2,819
down €2,819 (-17.4%), from €16,226 to €13,407
- Depreciation +€1,400
up €1,400 (+3.4%), from €41,163 to €42,563
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.
Result 2024
€5,605
Gross operating margin
+€19,477
Depreciation
-€1,400
Other operating charges
+€2,819
Financial income
-€18,526
Financial charges
-€22
Taxes
+€66,277
Deferred taxes and other
-€72,654
Result 2025
€1,576
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.
From operations
+€44,971
Investment
-€37,063
Financing
+€3,750
Cash 2024
€24,459
From operations (derived)
+€44,971
Net result for the year
+€1,576
Depreciation
+€42,563
Receivables within one year
+€147,351
Deferred charges and accrued income
+€1,910
Trade debts
-€1,188
Tax, wage and social debts
+€1,372
Advances received
+€1,402
Other debts
-€150,000
Accrued charges and deferred income
-€16
Investment (derived)
-€37,063
Investment in fixed assets (net)
-€37,063
Financing
+€3,750
Debts after one year
+€3,750
Cash 2025
€36,117
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,528,658 | €1,385,554 | -€143,104 | -9.4% |
| Fixed assets | 21/28 | €1,173,342 | €1,167,842 | -€5,500 | -0.5% |
| Tangible fixed assets | 22/27 | €1,128,672 | €1,123,172 | -€5,500 | -0.5% |
| Land and buildings | 22 | €1,128,672 | €1,123,172 | -€5,500 | -0.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €44,670 | €44,670 | = | 0.0% |
| Current assets | 29/58 | €355,316 | €217,713 | -€137,604 | -38.7% |
| Amounts receivable within one year | 40/41 | €328,541 | €181,190 | -€147,351 | -44.9% |
| Trade receivables | 40 | €60,948 | €67,632 | +€6,683 | +11.0% |
| Other amounts receivable | 41 | €267,593 | €113,559 | -€154,035 | -57.6% |
| Cash at bank and in hand | 54/58 | €24,459 | €36,117 | +€11,658 | +47.7% |
| Deferred charges and accrued income | 490/1 | €2,316 | €406 | -€1,910 | -82.5% |
| Total equity and liabilities | 10/49 | €1,528,658 | €1,385,554 | -€143,104 | -9.4% |
| Equity | 10/15 | €1,368,948 | €1,370,524 | +€1,576 | +0.1% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €868,948 | €870,524 | +€1,576 | +0.2% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €818,948 | €820,524 | +€1,576 | +0.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €159,711 | €15,030 | -€144,680 | -90.6% |
| Amounts payable after more than one year | 17 | €2,610 | €6,360 | +€3,750 | +143.7% |
| Other amounts payable | 178/9 | €2,610 | €6,360 | +€3,750 | +143.7% |
| Amounts payable within one year | 42/48 | €157,084 | €8,670 | -€148,414 | -94.5% |
| Trade debts | 44 | €2,012 | €825 | -€1,188 | -59.0% |
| Suppliers | 440/4 | €2,012 | €825 | -€1,188 | -59.0% |
| Advances received on contracts in progress | 46 | €5,072 | €6,473 | +€1,402 | +27.6% |
| Taxes, remuneration and social security | 45 | - | €1,372 | +€1,372 | |
| Taxes | 450/3 | - | €1,372 | +€1,372 | |
| Other amounts payable | 47/48 | €150,000 | €0 | -€150,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €16 | €0 | -€16 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,163 | €42,563 | +€1,400 | +3.4% |
| Other operating charges | 640/8 | €16,226 | €13,407 | -€2,819 | -17.4% |
| Gross operating margin | 9900 | €32,450 | €51,927 | +€19,477 | +60.0% |
| Operating profit (loss) | 9901 | -€24,939 | -€4,043 | +€20,896 | +83.8% |
| Financial income | 75/76B | €26,618 | €8,092 | -€18,526 | -69.6% |
| Recurring financial income | 75 | €26,618 | €8,092 | -€18,526 | -69.6% |
| Financial charges | 65/66B | €1,222 | €1,243 | +€22 | +1.8% |
| Recurring financial charges | 65 | €1,222 | €1,243 | +€22 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €457 | €2,806 | +€2,349 | +514.3% |
| Transfer from deferred taxes | 780 | €72,654 | €0 | -€72,654 | -100.0% |
| Income taxes | 67/77 | €67,506 | €1,229 | -€66,277 | -98.2% |
| Profit (loss) for the period | 9904 | €5,605 | €1,576 | -€4,028 | -71.9% |
| Transfer from tax-exempt reserves | 789 | €217,962 | €0 | -€217,962 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €223,566 | €1,576 | -€221,990 | -99.3% |
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 5 October 2026 via checked.be.