BOELS IMMO II: 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.
BOELS IMMO II
Largest movements
- Receivables within one year +€30,664
up €30,664 (+9.0%), from €340,506 to €371,170
- Reserves +€35,157
up €35,157 (+10.2%), from €345,509 to €380,665
of which Distributable reserves: +€35,157
- Gross operating margin +€3,922
up €3,922 (+9.3%), from €42,071 to €45,993
- Financial income -€3,831
down €3,831 (-34.1%), from €11,226 to €7,395
- Other operating charges -€567
down €567 (-8.0%), from €7,079 to €6,512
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,321 | €453,985 | +€30,664 | +7.2% |
| Fixed assets | 21/28 | €82,815 | €82,815 | = | 0.0% |
| Tangible fixed assets | 22/27 | €82,815 | €82,815 | = | 0.0% |
| Land and buildings | 22 | €82,815 | €82,815 | = | 0.0% |
| Current assets | 29/58 | €340,506 | €371,170 | +€30,664 | +9.0% |
| Amounts receivable within one year | 40/41 | €340,506 | €371,170 | +€30,664 | +9.0% |
| Other amounts receivable | 41 | €340,506 | €371,170 | +€30,664 | +9.0% |
| Total equity and liabilities | 10/49 | €423,321 | €453,985 | +€30,664 | +7.2% |
| Equity | 10/15 | €410,509 | €445,665 | +€35,157 | +8.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €345,509 | €380,665 | +€35,157 | +10.2% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €339,009 | €374,165 | +€35,157 | +10.4% |
| Amounts payable | 17/49 | €12,813 | €8,320 | -€4,493 | -35.1% |
| Amounts payable within one year | 42/48 | €4,773 | €2,341 | -€2,431 | -50.9% |
| Trade debts | 44 | €4,773 | €2,341 | -€2,431 | -50.9% |
| Suppliers | 440/4 | €4,773 | €2,341 | -€2,431 | -50.9% |
| Accrued charges and deferred income | 492/3 | €8,040 | €5,979 | -€2,061 | -25.6% |
| Other operating charges | 640/8 | €7,079 | €6,512 | -€567 | -8.0% |
| Gross operating margin | 9900 | €42,071 | €45,993 | +€3,922 | +9.3% |
| Operating profit (loss) | 9901 | €34,992 | €39,481 | +€4,488 | +12.8% |
| Financial income | 75/76B | €11,226 | €7,395 | -€3,831 | -34.1% |
| Recurring financial income | 75 | €11,226 | €7,395 | -€3,831 | -34.1% |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €46,218 | €46,875 | +€657 | +1.4% |
| Income taxes | 67/77 | €11,555 | €11,719 | +€164 | +1.4% |
| Profit (loss) for the period | 9904 | €34,664 | €35,157 | +€493 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,664 | €35,157 | +€493 | +1.4% |
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 30 October 2026 via checked.be.