BOI 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.
BOI IMMO
Largest movements
- Tangible fixed assets -€65,922
down €65,922 (-10.1%), from €649,874 to €583,952
of which Land and buildings: -€42,388
- Cash -€18,487
down €18,487 (-8.3%), from €222,997 to €204,510
mainly Debts after one year (-€41,449) and Contributions, distributions and other (-€24,807)
- Debts after one year -€41,449
down €41,449 (-20.1%), from €205,792 to €164,342
of which Financial debts: -€41,449
- Other debts -€22,895
down €22,895 (-32.9%), from €69,605 to €46,710
- Reserves -€15,365
down €15,365 (-4.0%), from €379,526 to €364,161
of which Distributable reserves: -€9,890
- Gross operating margin -€18,152
down €18,152 (-17.5%), from €103,538 to €85,386
- Taxes -€5,839
down €5,839 (-45.6%), from €12,800 to €6,961
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 | €878,233 | €797,872 | -€80,360 | -9.2% |
| Fixed assets | 21/28 | €649,874 | €583,952 | -€65,922 | -10.1% |
| Tangible fixed assets | 22/27 | €649,874 | €583,952 | -€65,922 | -10.1% |
| Land and buildings | 22 | €525,813 | €483,424 | -€42,388 | -8.1% |
| Plant, machinery and equipment | 23 | €124,061 | €100,528 | -€23,534 | -19.0% |
| Current assets | 29/58 | €228,359 | €213,920 | -€14,439 | -6.3% |
| Amounts receivable within one year | 40/41 | - | €5,324 | +€5,324 | |
| Other amounts receivable | 41 | - | €5,324 | +€5,324 | |
| Cash at bank and in hand | 54/58 | €222,997 | €204,510 | -€18,487 | -8.3% |
| Deferred charges and accrued income | 490/1 | €5,362 | €4,086 | -€1,276 | -23.8% |
| Total equity and liabilities | 10/49 | €878,233 | €797,872 | -€80,360 | -9.2% |
| Equity | 10/15 | €529,526 | €514,161 | -€15,365 | -2.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €379,526 | €364,161 | -€15,365 | -4.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,683 | €42,207 | -€5,475 | -11.5% |
| Distributable reserves | 133 | €316,844 | €306,954 | -€9,890 | -3.1% |
| Provisions and deferred taxes | 16 | €24,564 | €21,743 | -€2,821 | -11.5% |
| Deferred taxes | 168 | €24,564 | €21,743 | -€2,821 | -11.5% |
| Amounts payable | 17/49 | €324,143 | €261,969 | -€62,175 | -19.2% |
| Amounts payable after more than one year | 17 | €205,792 | €164,342 | -€41,449 | -20.1% |
| Financial debts | 170/4 | €196,572 | €155,122 | -€41,449 | -21.1% |
| Other amounts payable | 178/9 | €9,220 | €9,220 | = | 0.0% |
| Amounts payable within one year | 42/48 | €118,352 | €97,626 | -€20,725 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €40,495 | €41,449 | +€955 | +2.4% |
| Trade debts | 44 | €86 | €7,932 | +€7,846 | +9,101% |
| Suppliers | 440/4 | €86 | €7,932 | +€7,846 | +9,101% |
| Advances received on contracts in progress | 46 | €1,060 | €1,535 | +€475 | +44.8% |
| Taxes, remuneration and social security | 45 | €7,106 | - | -€7,106 | |
| Taxes | 450/3 | €7,106 | - | -€7,106 | |
| Other amounts payable | 47/48 | €69,605 | €46,710 | -€22,895 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,441 | €53,667 | +€225 | +0.4% |
| Other operating charges | 640/8 | €12,987 | €13,572 | +€585 | +4.5% |
| Gross operating margin | 9900 | €103,538 | €85,386 | -€18,152 | -17.5% |
| Operating profit (loss) | 9901 | €37,110 | €18,147 | -€18,963 | -51.1% |
| Financial income | 75/76B | €669 | €953 | +€284 | +42.4% |
| Recurring financial income | 75 | €669 | €953 | +€284 | +42.4% |
| Financial charges | 65/66B | €6,418 | €5,517 | -€901 | -14.0% |
| Recurring financial charges | 65 | €6,418 | €5,517 | -€901 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €31,361 | €13,583 | -€17,778 | -56.7% |
| Transfer from deferred taxes | 780 | €2,821 | €2,821 | = | 0.0% |
| Income taxes | 67/77 | €12,800 | €6,961 | -€5,839 | -45.6% |
| Profit (loss) for the period | 9904 | €21,382 | €9,442 | -€11,940 | -55.8% |
| Transfer from tax-exempt reserves | 789 | €5,475 | €5,475 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,857 | €14,917 | -€11,940 | -44.5% |
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 14 October 2026 via checked.be.