BORIMMO: 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.
BORIMMO
Largest movements
- Tangible fixed assets -€142,197
down €142,197 (-18.6%), from €764,169 to €621,971
of which Land and buildings: -€140,754
- Cash +€56,832
up €56,832 (+5979.9%), from €950 to €57,782
mainly Investment in fixed assets (net) (+€94,500) and Depreciation (+€47,697)
- Other debts -€51,634
down €51,634 (-16.9%), from €305,658 to €254,024
- Debts after one year -€43,774
down €43,774 (-11.9%), from €369,375 to €325,601
of which Financial debts: -€44,974
- Profit (loss) carried forward +€9,848
up €9,848 (+29.4%), from €33,457 to €43,305
- Other operating charges -€24,353
down €24,353 (-83.7%), from €29,102 to €4,749
- Gross operating margin +€12,313
up €12,313 (+17.0%), from €72,272 to €84,585
- Write-downs +€4,523
new in 2025: €4,523
- Depreciation +€3,893
up €3,893 (+8.9%), from €43,805 to €47,697
- Financial charges +€3,491
up €3,491 (+24.5%), from €14,277 to €17,768
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 | €785,524 | €697,634 | -€87,890 | -11.2% |
| Fixed assets | 21/28 | €765,613 | €623,415 | -€142,197 | -18.6% |
| Tangible fixed assets | 22/27 | €764,169 | €621,971 | -€142,197 | -18.6% |
| Land and buildings | 22 | €760,534 | €619,780 | -€140,754 | -18.5% |
| Furniture and vehicles | 24 | €2,500 | €1,340 | -€1,159 | -46.4% |
| Other tangible fixed assets | 26 | €1,135 | €851 | -€284 | -25.0% |
| Financial fixed assets | 28 | €1,444 | €1,444 | = | 0.0% |
| Current assets | 29/58 | €19,911 | €74,219 | +€54,308 | +272.7% |
| Amounts receivable within one year | 40/41 | €15,619 | €12,946 | -€2,673 | -17.1% |
| Trade receivables | 40 | €15,619 | €11,996 | -€3,623 | -23.2% |
| Other amounts receivable | 41 | - | €950 | +€950 | |
| Cash at bank and in hand | 54/58 | €950 | €57,782 | +€56,832 | +5979.9% |
| Deferred charges and accrued income | 490/1 | €3,342 | €3,491 | +€149 | +4.5% |
| Total equity and liabilities | 10/49 | €785,524 | €697,634 | -€87,890 | -11.2% |
| Equity | 10/15 | €57,637 | €67,485 | +€9,848 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,580 | €5,580 | = | 0.0% |
| Distributable reserves | 133 | €5,580 | €5,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,457 | €43,305 | +€9,848 | +29.4% |
| Amounts payable | 17/49 | €727,887 | €630,149 | -€97,738 | -13.4% |
| Amounts payable after more than one year | 17 | €369,375 | €325,601 | -€43,774 | -11.9% |
| Financial debts | 170/4 | €369,375 | €324,401 | -€44,974 | -12.2% |
| Other amounts payable | 178/9 | - | €1,200 | +€1,200 | |
| Amounts payable within one year | 42/48 | €358,012 | €303,948 | -€54,064 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €43,522 | €44,974 | +€1,452 | +3.3% |
| Trade debts | 44 | €2,991 | €4,119 | +€1,128 | +37.7% |
| Suppliers | 440/4 | €2,991 | €4,119 | +€1,128 | +37.7% |
| Taxes, remuneration and social security | 45 | €5,842 | €832 | -€5,010 | -85.8% |
| Taxes | 450/3 | €5,842 | €832 | -€5,010 | -85.8% |
| Other amounts payable | 47/48 | €305,658 | €254,024 | -€51,634 | -16.9% |
| Accrued charges and deferred income | 492/3 | €500 | €600 | +€100 | +20.0% |
| Non-recurring operating income | 76A | - | €9,517 | +€9,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,805 | €47,697 | +€3,893 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,523 | +€4,523 | |
| Other operating charges | 640/8 | €29,102 | €4,749 | -€24,353 | -83.7% |
| Gross operating margin | 9900 | €72,272 | €84,585 | +€12,313 | +17.0% |
| Operating profit (loss) | 9901 | -€634 | €27,616 | +€28,250 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €14,277 | €17,768 | +€3,491 | +24.5% |
| Recurring financial charges | 65 | €14,277 | €17,768 | +€3,491 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,911 | €9,848 | +€24,759 | |
| Profit (loss) for the period | 9904 | -€14,911 | €9,848 | +€24,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,911 | €9,848 | +€24,759 |
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 30 September 2026 via checked.be.