BOVA - IMMO: 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.
BOVA - IMMO
Largest movements
- Receivables within one year +€165,622
up €165,622 (+111.5%), from €148,491 to €314,113
of which Other amounts receivable: +€166,832
- Stocks and contracts -€61,296
down €61,296 (-31.0%), from €197,952 to €136,657
- Profit (loss) carried forward +€86,349
up €86,349 (+50.5%), from €170,942 to €257,292
- Tax, wage and social debts +€24,334
up €24,334 (+53.9%), from €45,169 to €69,503
- Trade debts -€6,476
down €6,476 (-82.3%), from €7,870 to €1,394
- Gross operating margin -€139,958
down €139,958 (-55.4%), from €252,836 to €112,878
- Financial charges -€20,862
down €20,862 (-95.3%), from €21,892 to €1,030
- Taxes -€20,835
down €20,835 (-46.1%), from €45,169 to €24,334
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 | €348,971 | €457,180 | +€108,209 | +31.0% |
| Current assets | 29/58 | €348,971 | €457,180 | +€108,209 | +31.0% |
| Stocks and contracts in progress | 3 | €197,952 | €136,657 | -€61,296 | -31.0% |
| Stocks | 30/36 | €197,952 | €136,657 | -€61,296 | -31.0% |
| Amounts receivable within one year | 40/41 | €148,491 | €314,113 | +€165,622 | +111.5% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €147,281 | €314,113 | +€166,832 | +113.3% |
| Cash at bank and in hand | 54/58 | €2,528 | €6,369 | +€3,841 | +151.9% |
| Deferred charges and accrued income | 490/1 | - | €42 | +€42 | |
| Total equity and liabilities | 10/49 | €348,971 | €457,180 | +€108,209 | +31.0% |
| Equity | 10/15 | €270,942 | €357,292 | +€86,349 | +31.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,942 | €257,292 | +€86,349 | +50.5% |
| Amounts payable | 17/49 | €78,029 | €99,888 | +€21,859 | +28.0% |
| Amounts payable after more than one year | 17 | €24,990 | €27,993 | +€3,003 | +12.0% |
| Other amounts payable | 178/9 | €24,990 | €27,993 | +€3,003 | +12.0% |
| Amounts payable within one year | 42/48 | €53,039 | €70,897 | +€17,858 | +33.7% |
| Trade debts | 44 | €7,870 | €1,394 | -€6,476 | -82.3% |
| Suppliers | 440/4 | €7,870 | €1,394 | -€6,476 | -82.3% |
| Taxes, remuneration and social security | 45 | €45,169 | €69,503 | +€24,334 | +53.9% |
| Taxes | 450/3 | €45,169 | €69,503 | +€24,334 | +53.9% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Other operating charges | 640/8 | €1,044 | €1,163 | +€119 | +11.4% |
| Gross operating margin | 9900 | €252,836 | €112,878 | -€139,958 | -55.4% |
| Operating profit (loss) | 9901 | €251,792 | €111,714 | -€140,077 | -55.6% |
| Financial charges | 65/66B | €21,892 | €1,030 | -€20,862 | -95.3% |
| Recurring financial charges | 65 | €21,892 | €1,030 | -€20,862 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €229,899 | €110,684 | -€119,215 | -51.9% |
| Income taxes | 67/77 | €45,169 | €24,334 | -€20,835 | -46.1% |
| Profit (loss) for the period | 9904 | €184,730 | €86,349 | -€98,381 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €184,730 | €86,349 | -€98,381 | -53.3% |
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 7 October 2026 via checked.be.