BOURGIMMO: 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.
BOURGIMMO
Largest movements
- Tangible fixed assets -€25,710
down €25,710 (-7.4%), from €348,072 to €322,362
of which Other tangible fixed assets: -€14,582
- Cash +€12,451
up €12,451 (+29.2%), from €42,645 to €55,096
mainly Depreciation (+€25,710) and Tax, wage and social debts (+€89)
- Current portion of long-term debt -€7,630
down €7,630 (-91.5%), from €8,337 to €708
- Gross operating margin -€2,146
down €2,146 (-7.6%), from €28,258 to €26,112
- Financial charges -€578
down €578 (-61.1%), from €946 to €368
- Other operating charges +€374
up €374 (+11.8%), from €3,175 to €3,549
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 | €392,109 | €378,852 | -€13,257 | -3.4% |
| Fixed assets | 21/28 | €348,072 | €322,362 | -€25,710 | -7.4% |
| Tangible fixed assets | 22/27 | €348,072 | €322,362 | -€25,710 | -7.4% |
| Land and buildings | 22 | €221,736 | €210,607 | -€11,128 | -5.0% |
| Other tangible fixed assets | 26 | €126,336 | €111,754 | -€14,582 | -11.5% |
| Current assets | 29/58 | €44,037 | €56,491 | +€12,454 | +28.3% |
| Amounts receivable within one year | 40/41 | €546 | €523 | -€23 | -4.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €546 | €523 | -€23 | -4.3% |
| Cash at bank and in hand | 54/58 | €42,645 | €55,096 | +€12,451 | +29.2% |
| Deferred charges and accrued income | 490/1 | €845 | €871 | +€26 | +3.1% |
| Total equity and liabilities | 10/49 | €392,109 | €378,852 | -€13,257 | -3.4% |
| Equity | 10/15 | €378,507 | €374,991 | -€3,516 | -0.9% |
| Contributions | 10/11 | €355,013 | €355,013 | = | 0.0% |
| Reserves | 13 | €32,224 | €32,224 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,224 | €22,224 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,224 | €22,224 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,731 | -€12,246 | -€3,516 | -40.3% |
| Amounts payable | 17/49 | €13,602 | €3,862 | -€9,741 | -71.6% |
| Amounts payable after more than one year | 17 | €3,438 | €2,730 | -€708 | -20.6% |
| Financial debts | 170/4 | €708 | €0 | -€708 | -100.0% |
| Other amounts payable | 178/9 | €2,730 | €2,730 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,255 | €1,132 | -€8,123 | -87.8% |
| Current portion of amounts payable after more than one year | 42 | €8,337 | €708 | -€7,630 | -91.5% |
| Trade debts | 44 | €917 | €335 | -€582 | -63.5% |
| Suppliers | 440/4 | €917 | €335 | -€582 | -63.5% |
| Taxes, remuneration and social security | 45 | €0 | €89 | +€89 | |
| Taxes | 450/3 | €0 | €89 | +€89 | |
| Accrued charges and deferred income | 492/3 | €910 | €0 | -€910 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,710 | €25,710 | = | 0.0% |
| Other operating charges | 640/8 | €3,175 | €3,549 | +€374 | +11.8% |
| Gross operating margin | 9900 | €28,258 | €26,112 | -€2,146 | -7.6% |
| Operating profit (loss) | 9901 | -€628 | -€3,148 | -€2,520 | -401.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €946 | €368 | -€578 | -61.1% |
| Recurring financial charges | 65 | €946 | €368 | -€578 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,573 | -€3,516 | -€1,942 | -123.4% |
| Profit (loss) for the period | 9904 | -€1,573 | -€3,516 | -€1,942 | -123.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,573 | -€3,516 | -€1,942 | -123.4% |
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 12 October 2026 via checked.be.