BORNIMMO S.A.: 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.
BORNIMMO S.A.
Largest movements
- Tangible fixed assets -€45,629
down €45,629 (-11.9%), from €382,122 to €336,493
- Formation expenses -€5,400
down €5,400 (-16.7%), from €32,282 to €26,882
- Other debts -€77,000
down €77,000 (-32.5%), from €237,253 to €160,253
- Profit (loss) carried forward +€16,069
up €16,069 (+40.6%), from -€39,574 to -€23,505
- Short-term financial debts +€8,453
new in 2025: €8,453
- Gross operating margin +€11,146
up €11,146 (+17.8%), from €62,619 to €73,765
- Other operating charges +€1,757
up €1,757 (+37.0%), from €4,754 to €6,511
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 | €415,853 | €363,375 | -€52,478 | -12.6% |
| Formation expenses | 20 | €32,282 | €26,882 | -€5,400 | -16.7% |
| Fixed assets | 21/28 | €382,122 | €336,493 | -€45,629 | -11.9% |
| Tangible fixed assets | 22/27 | €382,122 | €336,493 | -€45,629 | -11.9% |
| Land and buildings | 22 | €382,122 | €336,493 | -€45,629 | -11.9% |
| Current assets | 29/58 | €1,449 | - | -€1,449 | |
| Cash at bank and in hand | 54/58 | €1,449 | - | -€1,449 | |
| Total equity and liabilities | 10/49 | €415,853 | €363,375 | -€52,478 | -12.6% |
| Equity | 10/15 | €165,893 | €181,962 | +€16,069 | +9.7% |
| Contributions | 10/11 | €121,610 | €121,610 | = | 0.0% |
| Capital | 10 | €121,610 | €121,610 | = | 0.0% |
| Issued capital | 100 | €121,610 | €121,610 | = | 0.0% |
| Reserves | 13 | €83,857 | €83,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,235 | €1,235 | = | 0.0% |
| Legal reserve | 130 | €1,235 | €1,235 | = | 0.0% |
| Distributable reserves | 133 | €82,622 | €82,622 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,574 | -€23,505 | +€16,069 | +40.6% |
| Amounts payable | 17/49 | €249,960 | €181,413 | -€68,547 | -27.4% |
| Amounts payable within one year | 42/48 | €249,960 | €181,413 | -€68,547 | -27.4% |
| Financial debts | 43 | - | €8,453 | +€8,453 | |
| Credit institutions | 430/8 | - | €8,453 | +€8,453 | |
| Trade debts | 44 | €12,707 | €12,707 | = | 0.0% |
| Suppliers | 440/4 | €12,707 | €12,707 | = | 0.0% |
| Other amounts payable | 47/48 | €237,253 | €160,253 | -€77,000 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,305 | €51,029 | +€724 | +1.4% |
| Other operating charges | 640/8 | €4,754 | €6,511 | +€1,757 | +37.0% |
| Gross operating margin | 9900 | €62,619 | €73,765 | +€11,146 | +17.8% |
| Operating profit (loss) | 9901 | €7,560 | €16,225 | +€8,665 | +114.6% |
| Financial charges | 65/66B | €153 | €156 | +€3 | +2.0% |
| Recurring financial charges | 65 | €153 | €156 | +€3 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €7,407 | €16,069 | +€8,662 | +116.9% |
| Profit (loss) for the period | 9904 | €7,407 | €16,069 | +€8,662 | +116.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,407 | €16,069 | +€8,662 | +116.9% |
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 9 October 2026 via checked.be.