BNP 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.
BNP IMMO
Largest movements
- Stocks and contracts -€380,172
down €380,172 (-61.2%), from €621,540 to €241,368
- Tangible fixed assets +€110,706
up €110,706 (+18.9%), from €586,505 to €697,210
of which Assets under construction and advance payments: +€117,078
- Receivables within one year +€19,231
up €19,231 (+138.9%), from €13,844 to €33,075
of which Trade receivables: +€11,397
- Debts after one year -€198,456
down €198,456 (-25.7%), from €770,725 to €572,269
- Other debts -€163,148
down €163,148 (-64.6%), from €252,469 to €89,322
- Reserves +€66,512
up €66,512 (+42.5%), from €156,347 to €222,859
- Tax, wage and social debts +€34,754
up €34,754 (+3633.5%), from €956 to €35,710
- Gross operating margin +€106,132
up €106,132 (+253.1%), from €41,931 to €148,062
- Taxes +€32,328
up €32,328 (+3379.9%), from €956 to €33,284
- Financial charges +€8,879
up €8,879 (+48.3%), from €18,389 to €27,268
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 | €1,228,849 | €980,378 | -€248,471 | -20.2% |
| Fixed assets | 21/28 | €586,505 | €697,210 | +€110,706 | +18.9% |
| Tangible fixed assets | 22/27 | €586,505 | €697,210 | +€110,706 | +18.9% |
| Land and buildings | 22 | €583,245 | €578,360 | -€4,884 | -0.8% |
| Plant, machinery and equipment | 23 | €378 | €185 | -€193 | -51.0% |
| Furniture and vehicles | 24 | €2,883 | €1,587 | -€1,296 | -45.0% |
| Assets under construction and advance payments | 27 | - | €117,078 | +€117,078 | |
| Current assets | 29/58 | €642,344 | €283,168 | -€359,177 | -55.9% |
| Stocks and contracts in progress | 3 | €621,540 | €241,368 | -€380,172 | -61.2% |
| Stocks | 30/36 | €621,540 | €241,368 | -€380,172 | -61.2% |
| Amounts receivable within one year | 40/41 | €13,844 | €33,075 | +€19,231 | +138.9% |
| Trade receivables | 40 | €6,396 | €17,793 | +€11,397 | +178.2% |
| Other amounts receivable | 41 | €7,449 | €15,282 | +€7,833 | +105.2% |
| Cash at bank and in hand | 54/58 | €6,754 | €8,724 | +€1,970 | +29.2% |
| Deferred charges and accrued income | 490/1 | €206 | - | -€206 | |
| Total equity and liabilities | 10/49 | €1,228,849 | €980,378 | -€248,471 | -20.2% |
| Equity | 10/15 | €174,947 | €241,459 | +€66,512 | +38.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,347 | €222,859 | +€66,512 | +42.5% |
| Distributable reserves | 133 | €156,347 | €222,859 | +€66,512 | +42.5% |
| Amounts payable | 17/49 | €1,053,902 | €738,919 | -€314,983 | -29.9% |
| Amounts payable after more than one year | 17 | €770,725 | €572,269 | -€198,456 | -25.7% |
| Financial debts | 170/4 | €770,725 | €572,269 | -€198,456 | -25.7% |
| Amounts payable within one year | 42/48 | €283,177 | €166,650 | -€116,527 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €29,559 | €36,948 | +€7,389 | +25.0% |
| Trade debts | 44 | €192 | €4,671 | +€4,478 | +2327.1% |
| Suppliers | 440/4 | €192 | €4,671 | +€4,478 | +2327.1% |
| Taxes, remuneration and social security | 45 | €956 | €35,710 | +€34,754 | +3633.5% |
| Taxes | 450/3 | €956 | €35,710 | +€34,754 | +3633.5% |
| Other amounts payable | 47/48 | €252,469 | €89,322 | -€163,148 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,387 | €21,087 | +€700 | +3.4% |
| Other operating charges | 640/8 | €449 | €797 | +€348 | +77.4% |
| Gross operating margin | 9900 | €41,931 | €148,062 | +€106,132 | +253.1% |
| Operating profit (loss) | 9901 | €21,095 | €126,178 | +€105,084 | +498.2% |
| Financial income | 75/76B | €119 | €886 | +€767 | +644.1% |
| Recurring financial income | 75 | €119 | €886 | +€767 | +644.1% |
| Financial charges | 65/66B | €18,389 | €27,268 | +€8,879 | +48.3% |
| Recurring financial charges | 65 | €18,389 | €27,268 | +€8,879 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | €2,825 | €99,796 | +€96,972 | +3433.2% |
| Income taxes | 67/77 | €956 | €33,284 | +€32,328 | +3379.9% |
| Profit (loss) for the period | 9904 | €1,868 | €66,512 | +€64,644 | +3460.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,868 | €66,512 | +€64,644 | +3460.5% |
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 12 October 2026 via checked.be.