BOSS 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.
What changed
BOSS IMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€703,712
2024 · -€67,498-€636,214
Equity
€4.5m
2024 · -€1.1m+€5.6m
Cash
€10,595
2024 · €30,204-€19,609
Balance sheet total
€8.8m
2024 · €9.2m-€373,120
Largest movements
Assets
- Tangible fixed assets -€384,552
down €384,552 (-4.3%), from €8.8m to €8.5m
of which Land and buildings: -€273,721
Equity and liabilities
- Contributions +€6.3m
up €6.3m (+6,325%), from €100,000 to €6.4m
- Other debts -€5.6m
down €5.6m (-99.8%), from €5.6m to €10,238
- Profit (loss) carried forward -€703,712
down €703,712 (-57.1%), from -€1.2m to -€1.9m
- Debts after one year -€283,738
down €283,738 (-6.8%), from €4.2m to €3.9m
of which Financial debts: -€283,738
- Short-term financial debts -€170,000
no longer reported in 2025 (was €170,000)
Income statement
- Services and other goods +€191,771
up €191,771 (+34.1%), from €562,939 to €754,711
- Financial charges -€113,265
down €113,265 (-56.5%), from €200,412 to €87,147
- Other operating income +€96,000
up €96,000 (+78.1%), from €122,986 to €218,986
- Depreciation +€76,658
up €76,658 (+13.8%), from €553,565 to €630,223
- Turnover +€33,923
up €33,923 (+2.7%), from €1.3m to €1.3m
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.
Result 2024
-€67,498
Turnover
+€33,923
Other operating income
+€96,000
Services and other goods
-€191,771
Staff costs
+€631
Depreciation
-€76,658
Other operating charges
-€27,675
Other operating items
-€583,928
Financial income
+€0
Financial charges
+€113,265
Result 2025
-€703,712
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€5.7m
Investment
-€241,566
Financing
+€5.9m
Cash 2024
€30,204
From operations (derived)
-€5.7m
Net result for the year
-€703,712
Depreciation
+€630,223
Receivables within one year
-€32,478
Smaller working-capital items
+€9,596
Other debts
-€5.6m
Investment (derived)
-€241,566
Investment in fixed assets (net)
-€241,566
Financing
+€5.9m
Debts after one year
-€283,738
Current portion of long-term debt
+€2,097
Short-term financial debts
-€170,000
Contributions, distributions and other
+€6.3m
Cash 2025
€10,595
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,158,864 | €8,785,744 | -€373,120 | -4.1% |
| Fixed assets | 21/28 | €9,102,446 | €8,713,789 | -€388,657 | -4.3% |
| Intangible fixed assets | 21 | €255,409 | €251,303 | -€4,105 | -1.6% |
| Tangible fixed assets | 22/27 | €8,847,038 | €8,462,486 | -€384,552 | -4.3% |
| Land and buildings | 22 | €8,215,000 | €7,941,279 | -€273,721 | -3.3% |
| Furniture and vehicles | 24 | €608,986 | €494,537 | -€114,449 | -18.8% |
| Leasing and similar rights | 25 | €21,786 | €15,271 | -€6,515 | -29.9% |
| Assets under construction and advance payments | 27 | €1,265 | €11,399 | +€10,134 | +801% |
| Current assets | 29/58 | €56,418 | €71,955 | +€15,537 | +27.5% |
| Amounts receivable within one year | 40/41 | €18,441 | €50,919 | +€32,478 | +176% |
| Trade receivables | 40 | €18,441 | €50,919 | +€32,478 | +176% |
| Cash at bank and in hand | 54/58 | €30,204 | €10,595 | -€19,609 | -64.9% |
| Deferred charges and accrued income | 490/1 | €7,773 | €10,441 | +€2,669 | +34.3% |
| Total equity and liabilities | 10/49 | €9,158,864 | €8,785,744 | -€373,120 | -4.1% |
| Equity | 10/15 | -€1,131,510 | €4,489,409 | +€5.6m | |
| Contributions | 10/11 | €100,000 | €6,424,630 | +€6.3m | +6,325% |
| Capital | 10 | €100,000 | €6,424,630 | +€6.3m | +6,325% |
| Issued capital | 100 | €100,000 | €6,424,630 | +€6.3m | +6,325% |
| Profit (loss) carried forward | 14 | -€1,231,510 | -€1,935,221 | -€703,712 | -57.1% |
| Amounts payable | 17/49 | €10,290,374 | €4,296,335 | -€6.0m | -58.2% |
| Amounts payable after more than one year | 17 | €4,176,548 | €3,892,810 | -€283,738 | -6.8% |
| Financial debts | 170/4 | €4,175,093 | €3,891,355 | -€283,738 | -6.8% |
| Leasing and similar obligations | 172 | €16,008 | €9,428 | -€6,580 | -41.1% |
| Credit institutions | 173 | €4,159,085 | €3,881,927 | -€277,158 | -6.7% |
| Other amounts payable | 178/9 | €1,455 | €1,455 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,096,869 | €394,230 | -€5.7m | -93.5% |
| Current portion of amounts payable after more than one year | 42 | €281,642 | €283,738 | +€2,097 | +0.7% |
| Financial debts | 43 | €170,000 | - | -€170,000 | |
| Other loans | 439 | €170,000 | - | -€170,000 | |
| Trade debts | 44 | €67,070 | €75,687 | +€8,617 | +12.8% |
| Suppliers | 440/4 | €67,070 | €75,687 | +€8,617 | +12.8% |
| Taxes, remuneration and social security | 45 | €13,258 | €24,566 | +€11,309 | +85.3% |
| Taxes | 450/3 | €7,242 | €18,521 | +€11,279 | +156% |
| Remuneration and social security | 454/9 | €6,016 | €6,046 | +€30 | +0.5% |
| Other amounts payable | 47/48 | €5,564,900 | €10,238 | -€5.6m | -99.8% |
| Accrued charges and deferred income | 492/3 | €16,957 | €9,296 | -€7,662 | -45.2% |
| Operating income | 70/76A | €1,388,660 | €1,518,583 | +€129,923 | +9.4% |
| Turnover | 70 | €1,265,675 | €1,299,598 | +€33,923 | +2.7% |
| Other operating income | 74 | €122,986 | €218,986 | +€96,000 | +78.1% |
| Operating charges | 60/66A | €1,255,747 | €2,135,148 | +€879,401 | +70.0% |
| Services and other goods | 61 | €562,939 | €754,711 | +€191,771 | +34.1% |
| Remuneration, social security and pensions | 62 | €51,855 | €51,224 | -€631 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553,565 | €630,223 | +€76,658 | +13.8% |
| Other operating charges | 640/8 | €78,826 | €106,501 | +€27,675 | +35.1% |
| Non-recurring operating charges | 66A | €8,561 | €592,489 | +€583,928 | +6,820% |
| Operating profit (loss) | 9901 | €132,914 | -€616,565 | -€749,478 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €200,412 | €87,147 | -€113,265 | -56.5% |
| Recurring financial charges | 65 | €200,412 | €87,147 | -€113,265 | -56.5% |
| Debt charges | 650 | €200,412 | €87,147 | -€113,265 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,498 | -€703,712 | -€636,214 | -943% |
| Profit (loss) for the period | 9904 | -€67,498 | -€703,712 | -€636,214 | -943% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,498 | -€703,712 | -€636,214 | -943% |
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 24 October 2026 via checked.be.