BNO 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.
BNO IMMO
Largest movements
- Cash +€7,794
up €7,794 (+131.1%), from €5,943 to €13,736
mainly Net result for the year (+€6,088) and Tax, wage and social debts (+€1,312)
- Tangible fixed assets -€529
down €529 (-1.4%), from €39,100 to €38,571
of which Land and buildings: -€529
- Reserves +€6,088
up €6,088 (+169.2%), from €3,599 to €9,686
of which Distributable reserves: +€6,088
- Tax, wage and social debts +€1,312
up €1,312 (+183.0%), from €717 to €2,029
- Gross operating margin +€4,503
up €4,503 (+56.7%), from €7,942 to €12,445
- Taxes +€1,312
up €1,312 (+183.0%), from €717 to €2,029
- Financial charges -€449
down €449 (-75.0%), from €599 to €150
- Other operating charges -€273
down €273 (-7.0%), from €3,922 to €3,649
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 | €45,043 | €52,654 | +€7,611 | +16.9% |
| Fixed assets | 21/28 | €39,100 | €38,571 | -€529 | -1.4% |
| Tangible fixed assets | 22/27 | €39,100 | €38,571 | -€529 | -1.4% |
| Land and buildings | 22 | €39,100 | €38,571 | -€529 | -1.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €5,943 | €14,082 | +€8,139 | +137.0% |
| Cash at bank and in hand | 54/58 | €5,943 | €13,736 | +€7,794 | +131.1% |
| Deferred charges and accrued income | 490/1 | - | €346 | +€346 | |
| Total equity and liabilities | 10/49 | €45,043 | €52,654 | +€7,611 | +16.9% |
| Equity | 10/15 | €33,355 | €39,443 | +€6,088 | +18.3% |
| Contributions | 10/11 | €6,958 | €6,958 | = | 0.0% |
| Reserves | 13 | €3,599 | €9,686 | +€6,088 | +169.2% |
| Non-distributable reserves | 130/1 | €1,447 | €1,447 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,447 | €1,447 | = | 0.0% |
| Distributable reserves | 133 | €2,151 | €8,239 | +€6,088 | +283.0% |
| Profit (loss) carried forward | 14 | €22,799 | €22,799 | = | 0.0% |
| Amounts payable | 17/49 | €11,688 | €13,211 | +€1,523 | +13.0% |
| Amounts payable within one year | 42/48 | €11,688 | €13,211 | +€1,523 | +13.0% |
| Trade debts | 44 | €135 | €346 | +€211 | +156.0% |
| Suppliers | 440/4 | €135 | €346 | +€211 | +156.0% |
| Taxes, remuneration and social security | 45 | €717 | €2,029 | +€1,312 | +183.0% |
| Taxes | 450/3 | €717 | €2,029 | +€1,312 | +183.0% |
| Other amounts payable | 47/48 | €10,836 | €10,836 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €552 | €529 | -€24 | -4.3% |
| Other operating charges | 640/8 | €3,922 | €3,649 | -€273 | -7.0% |
| Gross operating margin | 9900 | €7,942 | €12,445 | +€4,503 | +56.7% |
| Operating profit (loss) | 9901 | €3,468 | €8,267 | +€4,800 | +138.4% |
| Financial charges | 65/66B | €599 | €150 | -€449 | -75.0% |
| Recurring financial charges | 65 | €599 | €150 | -€449 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €2,869 | €8,117 | +€5,249 | +183.0% |
| Income taxes | 67/77 | €717 | €2,029 | +€1,312 | +183.0% |
| Profit (loss) for the period | 9904 | €2,151 | €6,088 | +€3,936 | +183.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,151 | €6,088 | +€3,936 | +183.0% |
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 3 October 2026 via checked.be.