BJB Immo & Construct: 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.
BJB Immo & Construct
Largest movements
- Tangible fixed assets +€69,020
up €69,020 (+9.3%), from €742,004 to €811,025
of which Assets under construction and advance payments: +€78,395
- Cash -€48,419
down €48,419 (-94.1%), from €51,459 to €3,040
mainly Accrued charges and deferred income (-€94,750) and Investment in fixed assets (net) (-€78,395)
- Receivables within one year +€41,531
up €41,531 (+45.7%), from €90,833 to €132,364
of which Trade receivables: +€70,699
- Trade debts +€128,898
up €128,898 (+40.1%), from €321,701 to €450,599
- Accrued charges and deferred income -€94,750
no longer reported in 2025 (was €94,750)
- Tax, wage and social debts -€49,287
down €49,287 (-38.6%), from €127,629 to €78,342
- Reserves +€40,000
up €40,000 (+34.8%), from €115,000 to €155,000
- Short-term financial debts +€21,614
up €21,614 (+45.0%), from €48,078 to €69,692
- Taxes -€15,012
down €15,012 (-75.1%), from €20,000 to €4,988
- Depreciation +€9,374
new in 2025: €9,374
- Gross operating margin -€5,056
down €5,056 (-7.8%), from €64,886 to €59,830
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 | €884,296 | €946,428 | +€62,132 | +7.0% |
| Fixed assets | 21/28 | €742,004 | €811,025 | +€69,020 | +9.3% |
| Tangible fixed assets | 22/27 | €742,004 | €811,025 | +€69,020 | +9.3% |
| Plant, machinery and equipment | 23 | €5,634 | €2,136 | -€3,498 | -62.1% |
| Furniture and vehicles | 24 | €23,138 | €17,263 | -€5,876 | -25.4% |
| Assets under construction and advance payments | 27 | €713,231 | €791,626 | +€78,395 | +11.0% |
| Current assets | 29/58 | €142,292 | €135,404 | -€6,888 | -4.8% |
| Amounts receivable within one year | 40/41 | €90,833 | €132,364 | +€41,531 | +45.7% |
| Trade receivables | 40 | €57,237 | €127,936 | +€70,699 | +123.5% |
| Other amounts receivable | 41 | €33,596 | €4,428 | -€29,168 | -86.8% |
| Cash at bank and in hand | 54/58 | €51,459 | €3,040 | -€48,419 | -94.1% |
| Total equity and liabilities | 10/49 | €884,296 | €946,428 | +€62,132 | +7.0% |
| Equity | 10/15 | €164,237 | €209,231 | +€44,994 | +27.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €115,000 | €155,000 | +€40,000 | +34.8% |
| Non-distributable reserves | 130/1 | €115,000 | €155,000 | +€40,000 | +34.8% |
| Other | 1319 | €115,000 | €155,000 | +€40,000 | +34.8% |
| Profit (loss) carried forward | 14 | €28,777 | €33,771 | +€4,994 | +17.4% |
| Amounts payable | 17/49 | €720,059 | €737,197 | +€17,138 | +2.4% |
| Amounts payable within one year | 42/48 | €625,309 | €737,197 | +€111,888 | +17.9% |
| Financial debts | 43 | €48,078 | €69,692 | +€21,614 | +45.0% |
| Credit institutions | 430/8 | €48,078 | €69,692 | +€21,614 | +45.0% |
| Trade debts | 44 | €321,701 | €450,599 | +€128,898 | +40.1% |
| Suppliers | 440/4 | €321,701 | €450,599 | +€128,898 | +40.1% |
| Taxes, remuneration and social security | 45 | €127,629 | €78,342 | -€49,287 | -38.6% |
| Taxes | 450/3 | €127,629 | €78,342 | -€49,287 | -38.6% |
| Other amounts payable | 47/48 | €127,900 | €138,564 | +€10,663 | +8.3% |
| Accrued charges and deferred income | 492/3 | €94,750 | - | -€94,750 | |
| Remuneration, social security and pensions | 62 | €262 | - | -€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,374 | +€9,374 | |
| Other operating charges | 640/8 | €62 | €124 | +€62 | +100.0% |
| Gross operating margin | 9900 | €64,886 | €59,830 | -€5,056 | -7.8% |
| Operating profit (loss) | 9901 | €64,562 | €50,331 | -€14,231 | -22.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €445 | €350 | -€95 | -21.3% |
| Recurring financial charges | 65 | €445 | €350 | -€95 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €64,117 | €49,983 | -€14,134 | -22.0% |
| Income taxes | 67/77 | €20,000 | €4,988 | -€15,012 | -75.1% |
| Profit (loss) for the period | 9904 | €44,117 | €44,994 | +€878 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,117 | €44,994 | +€878 | +2.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.