BR IMMOBILIER: 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.
BR IMMOBILIER
Largest movements
- Deferred charges and accrued income +€27,944
up €27,944 (+745%), from €3,750 to €31,694
- Cash -€20,271
down €20,271 (-16.6%), from €122,080 to €101,809
mainly Contributions, distributions and other (-€30,000) and Deferred charges and accrued income (-€27,944)
- Trade debts +€31,050
up €31,050 (+795%), from €3,908 to €34,958
- Reserves -€26,411
down €26,411 (-8.8%), from €299,504 to €273,093
of which Non-distributable reserves: -€15,000
- Taxes -€8,090
down €8,090 (-82.0%), from €9,864 to €1,774
- Other operating charges -€4,076
down €4,076 (-53.2%), from €7,662 to €3,587
- Gross operating margin -€2,178
down €2,178 (-17.4%), from €12,490 to €10,311
- Depreciation -€1,421
down €1,421 (-34.8%), from €4,082 to €2,661
- Financial income -€1,195
down €1,195 (-37.6%), from €3,179 to €1,984
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,708 | €377,960 | +€6,252 | +1.7% |
| Fixed assets | 21/28 | €31,760 | €29,522 | -€2,238 | -7.0% |
| Tangible fixed assets | 22/27 | €6,520 | €4,282 | -€2,238 | -34.3% |
| Plant, machinery and equipment | 23 | €3,623 | €2,488 | -€1,135 | -31.3% |
| Furniture and vehicles | 24 | €2,256 | €1,794 | -€462 | -20.5% |
| Other tangible fixed assets | 26 | €641 | - | -€641 | |
| Financial fixed assets | 28 | €25,240 | €25,240 | = | 0.0% |
| Current assets | 29/58 | €339,949 | €348,438 | +€8,490 | +2.5% |
| Amounts receivable within one year | 40/41 | €214,119 | €214,935 | +€816 | +0.4% |
| Trade receivables | 40 | €128,543 | €165,103 | +€36,560 | +28.4% |
| Other amounts receivable | 41 | €85,576 | €49,833 | -€35,744 | -41.8% |
| Cash at bank and in hand | 54/58 | €122,080 | €101,809 | -€20,271 | -16.6% |
| Deferred charges and accrued income | 490/1 | €3,750 | €31,694 | +€27,944 | +745% |
| Total equity and liabilities | 10/49 | €371,708 | €377,960 | +€6,252 | +1.7% |
| Equity | 10/15 | €365,493 | €339,082 | -€26,411 | -7.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €299,504 | €273,093 | -€26,411 | -8.8% |
| Non-distributable reserves | 130/1 | €15,000 | - | -€15,000 | |
| Reserves not available under the articles | 1311 | €15,000 | - | -€15,000 | |
| Distributable reserves | 133 | €284,504 | €273,093 | -€11,411 | -4.0% |
| Profit (loss) carried forward | 14 | €45,989 | €45,989 | = | 0.0% |
| Amounts payable | 17/49 | €6,215 | €38,878 | +€32,663 | +526% |
| Amounts payable within one year | 42/48 | €6,215 | €38,749 | +€32,534 | +523% |
| Trade debts | 44 | €3,908 | €34,958 | +€31,050 | +795% |
| Suppliers | 440/4 | €3,908 | €34,958 | +€31,050 | +795% |
| Taxes, remuneration and social security | 45 | €2,308 | €3,791 | +€1,483 | +64.3% |
| Taxes | 450/3 | €2,308 | €3,791 | +€1,483 | +64.3% |
| Accrued charges and deferred income | 492/3 | - | €129 | +€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,082 | €2,661 | -€1,421 | -34.8% |
| Other operating charges | 640/8 | €7,662 | €3,587 | -€4,076 | -53.2% |
| Gross operating margin | 9900 | €12,490 | €10,311 | -€2,178 | -17.4% |
| Operating profit (loss) | 9901 | €745 | €4,064 | +€3,318 | +445% |
| Financial income | 75/76B | €3,179 | €1,984 | -€1,195 | -37.6% |
| Recurring financial income | 75 | €3,179 | €1,984 | -€1,195 | -37.6% |
| Financial charges | 65/66B | €945 | €685 | -€260 | -27.5% |
| Recurring financial charges | 65 | €945 | €685 | -€260 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €2,980 | €5,363 | +€2,383 | +80.0% |
| Income taxes | 67/77 | €9,864 | €1,774 | -€8,090 | -82.0% |
| Profit (loss) for the period | 9904 | -€6,884 | €3,589 | +€10,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,884 | €3,589 | +€10,473 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.