BLEA-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.
BLEA-IMMO
Largest movements
- Tangible fixed assets -€15,114
down €15,114 (-6.5%), from €232,361 to €217,248
of which Land and buildings: -€8,644
- Other debts +€21,773
up €21,773 (+126.3%), from €17,235 to €39,008
- Debts after one year -€17,130
down €17,130 (-10.3%), from €166,331 to €149,201
of which Financial debts: -€17,730
- Tax, wage and social debts -€6,720
down €6,720 (-91.3%), from €7,357 to €637
- Short-term financial debts -€6,669
down €6,669 (-96.5%), from €6,912 to €243
- Profit (loss) carried forward -€3,077
down €3,077 (-63.8%), from -€4,820 to -€7,897
- Gross operating margin -€3,155
down €3,155 (-12.6%), from €25,111 to €21,956
- Financial charges +€511
up €511 (+9.5%), from €5,396 to €5,907
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 | €239,567 | €224,740 | -€14,827 | -6.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €232,361 | €217,248 | -€15,114 | -6.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €232,361 | €217,248 | -€15,114 | -6.5% |
| Land and buildings | 22 | €216,109 | €207,465 | -€8,644 | -4.0% |
| Plant, machinery and equipment | 23 | €16,252 | €9,783 | -€6,469 | -39.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €7,205 | €7,492 | +€287 | +4.0% |
| Amounts receivable within one year | 40/41 | €7,205 | €7,492 | +€287 | +4.0% |
| Trade receivables | 40 | €7,205 | €7,492 | +€287 | +4.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €239,567 | €224,740 | -€14,827 | -6.2% |
| Equity | 10/15 | €13,880 | €10,803 | -€3,077 | -22.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €0 | -€100 | -100.0% |
| Other | 1319 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | -€4,820 | -€7,897 | -€3,077 | -63.8% |
| Amounts payable | 17/49 | €225,687 | €213,937 | -€11,750 | -5.2% |
| Amounts payable after more than one year | 17 | €166,331 | €149,201 | -€17,130 | -10.3% |
| Financial debts | 170/4 | €160,931 | €143,201 | -€17,730 | -11.0% |
| Other amounts payable | 178/9 | €5,400 | €6,000 | +€600 | +11.1% |
| Amounts payable within one year | 42/48 | €59,357 | €63,050 | +€3,694 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €19,481 | €17,730 | -€1,751 | -9.0% |
| Financial debts | 43 | €6,912 | €243 | -€6,669 | -96.5% |
| Credit institutions | 430/8 | €6,912 | €243 | -€6,669 | -96.5% |
| Trade debts | 44 | €8,371 | €5,433 | -€2,938 | -35.1% |
| Suppliers | 440/4 | €8,371 | €5,433 | -€2,938 | -35.1% |
| Taxes, remuneration and social security | 45 | €7,357 | €637 | -€6,720 | -91.3% |
| Taxes | 450/3 | €7,357 | €637 | -€6,720 | -91.3% |
| Other amounts payable | 47/48 | €17,235 | €39,008 | +€21,773 | +126.3% |
| Accrued charges and deferred income | 492/3 | €0 | €1,686 | +€1,686 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,114 | €15,114 | = | 0.0% |
| Other operating charges | 640/8 | €3,809 | €4,013 | +€204 | +5.4% |
| Gross operating margin | 9900 | €25,111 | €21,956 | -€3,155 | -12.6% |
| Operating profit (loss) | 9901 | €6,188 | €2,830 | -€3,358 | -54.3% |
| Financial charges | 65/66B | €5,396 | €5,907 | +€511 | +9.5% |
| Recurring financial charges | 65 | €5,396 | €5,907 | +€511 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €793 | -€3,077 | -€3,869 | |
| Profit (loss) for the period | 9904 | €793 | -€3,077 | -€3,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €793 | -€3,077 | -€3,869 |
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 8 October 2026 via checked.be.