BLMA IMMO: what changed
Two financial 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.
BLMA IMMO
Largest movements
- Tangible fixed assets -€117,821
down €117,821 (-4.3%), from €2.7m to €2.6m
- Debts after one year -€185,868
down €185,868 (-8.7%), from €2.1m to €1.9m
- Other debts +€90,000
up €90,000 (+13.3%), from €678,700 to €768,700
- Profit (loss) carried forward -€39,724
down €39,724 (-12.7%), from -€312,429 to -€352,153
- Accrued charges and deferred income +€31,021
up €31,021 (+99.1%), from €31,306 to €62,327
- Depreciation -€156,652
down €156,652 (-56.0%), from €279,973 to €123,321
- Gross operating margin +€6,974
up €6,974 (+3.7%), from €186,770 to €193,744
- Financial charges +€3,197
up €3,197 (+3.9%), from €82,876 to €86,073
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.
Derived cash bridge
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 | €2,742,837 | €2,650,994 | -€91,843 | -3.3% |
| Fixed assets | 21/28 | €2,736,816 | €2,618,995 | -€117,821 | -4.3% |
| Tangible fixed assets | 22/27 | €2,736,816 | €2,618,995 | -€117,821 | -4.3% |
| Land and buildings | 22 | €2,736,816 | €2,618,995 | -€117,821 | -4.3% |
| Current assets | 29/58 | €6,021 | €31,999 | +€25,978 | +431% |
| Amounts receivable within one year | 40/41 | €5,371 | €6,627 | +€1,256 | +23.4% |
| Trade receivables | 40 | €5,371 | €6,530 | +€1,159 | +21.6% |
| Other amounts receivable | 41 | - | €97 | +€97 | |
| Cash at bank and in hand | 54/58 | €650 | €18,235 | +€17,585 | +2,707% |
| Deferred charges and accrued income | 490/1 | €0 | €7,138 | +€7,138 | |
| Total equity and liabilities | 10/49 | €2,742,837 | €2,650,994 | -€91,843 | -3.3% |
| Equity | 10/15 | -€283,102 | -€322,826 | -€39,724 | -14.0% |
| Contributions | 10/11 | €663 | €663 | = | 0.0% |
| Reserves | 13 | €28,664 | €28,664 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66 | €66 | = | 0.0% |
| Reserves not available under the articles | 1311 | €66 | €66 | = | 0.0% |
| Distributable reserves | 133 | €28,598 | €28,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€312,429 | -€352,153 | -€39,724 | -12.7% |
| Amounts payable | 17/49 | €3,025,939 | €2,973,821 | -€52,119 | -1.7% |
| Amounts payable after more than one year | 17 | €2,130,748 | €1,944,880 | -€185,868 | -8.7% |
| Financial debts | 170/4 | €2,130,748 | €1,944,880 | -€185,868 | -8.7% |
| Amounts payable within one year | 42/48 | €863,885 | €966,614 | +€102,729 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €182,176 | €185,868 | +€3,693 | +2.0% |
| Trade debts | 44 | €1,033 | €10,970 | +€9,938 | +962% |
| Suppliers | 440/4 | €1,033 | €10,970 | +€9,938 | +962% |
| Taxes, remuneration and social security | 45 | €1,976 | €1,075 | -€901 | -45.6% |
| Taxes | 450/3 | €1,976 | €1,075 | -€901 | -45.6% |
| Other amounts payable | 47/48 | €678,700 | €768,700 | +€90,000 | +13.3% |
| Accrued charges and deferred income | 492/3 | €31,306 | €62,327 | +€31,021 | +99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279,973 | €123,321 | -€156,652 | -56.0% |
| Other operating charges | 640/8 | €22,801 | €24,074 | +€1,272 | +5.6% |
| Gross operating margin | 9900 | €186,770 | €193,744 | +€6,974 | +3.7% |
| Operating profit (loss) | 9901 | -€116,005 | €46,349 | +€162,354 | |
| Financial charges | 65/66B | €82,876 | €86,073 | +€3,197 | +3.9% |
| Recurring financial charges | 65 | €82,876 | €86,073 | +€3,197 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€198,881 | -€39,724 | +€159,157 | +80.0% |
| Profit (loss) for the period | 9904 | -€198,881 | -€39,724 | +€159,157 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€198,881 | -€39,724 | +€159,157 | +80.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.