BIMMO: 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
BIMMO
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1.8m
2023 · -€706,688-€1.1m
Equity
€5.3m
2023 · €7.1m-€1.8m
Cash
€8,084
2023 · €83,710-€75,626
Balance sheet total
€8.9m
2023 · €10.7m-€1.8m
Largest movements
Assets
- Receivables within one year -€1.4m
down €1.4m (-17.3%), from €8.2m to €6.8m
of which Trade receivables: -€1.7m
- Deferred charges and accrued income -€247,658
down €247,658 (-12.5%), from €2.0m to €1.7m
Equity and liabilities
- Profit (loss) carried forward -€1.8m
down €1.8m (-359.3%), from -€507,650 to -€2.3m
Income statement
- Gross operating margin -€1.4m
down €1.4m (-1766.7%), from -€78,846 to -€1.5m
- Staff costs -€162,284
down €162,284 (-39.7%), from €408,442 to €246,158
- Depreciation -€53,168
down €53,168 (-75.6%), from €70,344 to €17,176
- Financial charges -€47,637
down €47,637 (-32.8%), from €145,233 to €97,595
From the 2023 result to the 2024 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 2023
-€706,688
Gross operating margin
-€1.4m
Staff costs
+€162,284
Depreciation
+€53,168
Write-downs
+€8,051
Other operating charges
+€2,787
Other operating items
-€1,171
Financial income
-€88
Financial charges
+€47,637
Taxes
+€3,108
Result 2024
-€1.8m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€80,558
Investment
+€1,429
Financing
+€3,503
Cash 2023
€83,710
From operations (derived)
-€80,558
Net result for the year
-€1.8m
Depreciation
+€17,176
Receivables after one year
-€13,008
Receivables within one year
+€1.4m
Deferred charges and accrued income
+€247,658
Trade debts
+€60,448
Tax, wage and social debts
-€18,186
Other debts
+€21,893
Investment (derived)
+€1,429
Investment in fixed assets (net)
+€1,429
Financing
+€3,503
Short-term financial debts
+€3,503
Cash 2024
€8,084
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,679,158 | €8,922,946 | -€1.8m | -16.4% |
| Fixed assets | 21/28 | €56,158 | €37,553 | -€18,605 | -33.1% |
| Intangible fixed assets | 21 | €15,412 | €8,034 | -€7,378 | -47.9% |
| Tangible fixed assets | 22/27 | €30,500 | €24,433 | -€6,066 | -19.9% |
| Plant, machinery and equipment | 23 | €1,840 | €2,944 | +€1,104 | +60.0% |
| Furniture and vehicles | 24 | €28,660 | €21,489 | -€7,170 | -25.0% |
| Financial fixed assets | 28 | €10,246 | €5,085 | -€5,161 | -50.4% |
| Current assets | 29/58 | €10,623,000 | €8,885,394 | -€1.7m | -16.4% |
| Amounts receivable after more than one year | 29 | €321,698 | €334,707 | +€13,008 | +4.0% |
| Other amounts receivable | 291 | €321,698 | €334,707 | +€13,008 | +4.0% |
| Amounts receivable within one year | 40/41 | €8,229,320 | €6,801,990 | -€1.4m | -17.3% |
| Trade receivables | 40 | €8,021,575 | €6,346,903 | -€1.7m | -20.9% |
| Other amounts receivable | 41 | €207,745 | €455,087 | +€247,342 | +119.1% |
| Cash at bank and in hand | 54/58 | €83,710 | €8,084 | -€75,626 | -90.3% |
| Deferred charges and accrued income | 490/1 | €1,988,271 | €1,740,613 | -€247,658 | -12.5% |
| Total equity and liabilities | 10/49 | €10,679,158 | €8,922,946 | -€1.8m | -16.4% |
| Equity | 10/15 | €7,120,351 | €5,296,481 | -€1.8m | -25.6% |
| Contributions | 10/11 | €7,625,000 | €7,625,000 | = | 0.0% |
| Reserves | 13 | €3,001 | €3,001 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,001 | €3,001 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,001 | €3,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€507,650 | -€2,331,519 | -€1.8m | -359.3% |
| Amounts payable | 17/49 | €3,558,807 | €3,626,465 | +€67,658 | +1.9% |
| Amounts payable within one year | 42/48 | €3,558,807 | €3,626,465 | +€67,658 | +1.9% |
| Financial debts | 43 | €1,965,229 | €1,968,732 | +€3,503 | +0.2% |
| Credit institutions | 430/8 | €1,965,229 | €1,968,732 | +€3,503 | +0.2% |
| Trade debts | 44 | €1,294,709 | €1,355,158 | +€60,448 | +4.7% |
| Suppliers | 440/4 | €1,294,709 | €1,355,158 | +€60,448 | +4.7% |
| Taxes, remuneration and social security | 45 | €41,420 | €23,234 | -€18,186 | -43.9% |
| Taxes | 450/3 | €14,539 | €2,801 | -€11,738 | -80.7% |
| Remuneration and social security | 454/9 | €26,881 | €20,433 | -€6,447 | -24.0% |
| Other amounts payable | 47/48 | €257,448 | €279,341 | +€21,893 | +8.5% |
| Remuneration, social security and pensions | 62 | €408,442 | €246,158 | -€162,284 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,344 | €17,176 | -€53,168 | -75.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,051 | €0 | -€8,051 | -100.0% |
| Other operating charges | 640/8 | €9,495 | €6,708 | -€2,787 | -29.4% |
| Non-recurring operating charges | 66A | - | €1,171 | +€1,171 | |
| Gross operating margin | 9900 | -€78,846 | -€1,471,804 | -€1.4m | -1766.7% |
| Operating profit (loss) | 9901 | -€575,178 | -€1,743,017 | -€1.2m | -203.0% |
| Financial income | 75/76B | €17,795 | €17,706 | -€88 | -0.5% |
| Recurring financial income | 75 | €17,795 | €17,706 | -€88 | -0.5% |
| Financial charges | 65/66B | €145,233 | €97,595 | -€47,637 | -32.8% |
| Recurring financial charges | 65 | €145,233 | €97,595 | -€47,637 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€702,616 | -€1,822,906 | -€1.1m | -159.4% |
| Income taxes | 67/77 | €4,072 | €964 | -€3,108 | -76.3% |
| Profit (loss) for the period | 9904 | -€706,688 | -€1,823,870 | -€1.1m | -158.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€706,688 | -€1,823,870 | -€1.1m | -158.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.