BRIDGE 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.
BRIDGE IMMO
Largest movements
- Tangible fixed assets -€804,206
down €804,206 (-3.7%), from €21.5m to €20.7m
of which Land and buildings: -€800,417
- Cash -€664,024
down €664,024 (-15.3%), from €4.4m to €3.7m
mainly Debts after one year (-€5.9m) and Net result for the year (-€1.6m)
- Receivables within one year +€501,014
up €501,014 (+168.8%), from €296,836 to €797,850
- Debts after one year -€5.9m
down €5.9m (-31.2%), from €18.9m to €13.0m
- Current portion of long-term debt +€4.9m
up €4.9m (+163.0%), from €3.0m to €7.9m
- Contributions +€2.0m
up €2.0m (+20.4%), from €9.8m to €11.8m
- Profit (loss) carried forward -€1.6m
down €1.6m (-23.4%), from -€6.8m to -€8.4m
- Tax, wage and social debts -€593,052
down €593,052 (-100.0%), from €593,283 to €231
- Gross operating margin -€1.0m
down €1.0m (-52.6%), from €2.0m to €930,098
- Write-downs +€174,859
up €174,859 (+55.0%), from -€317,916 to -€143,057
- Depreciation -€39,179
down €39,179 (-3.5%), from €1.1m to €1.1m
- Financial income +€35,632
new in 2024: €35,632
- Other operating charges +€27,853
up €27,853 (+4.7%), from €589,922 to €617,775
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,364,008 | €25,340,785 | -€1.0m | -3.9% |
| Fixed assets | 21/28 | €21,505,118 | €20,700,912 | -€804,206 | -3.7% |
| Tangible fixed assets | 22/27 | €21,505,118 | €20,700,912 | -€804,206 | -3.7% |
| Land and buildings | 22 | €21,497,508 | €20,697,091 | -€800,417 | -3.7% |
| Plant, machinery and equipment | 23 | €7,610 | €3,820 | -€3,789 | -49.8% |
| Current assets | 29/58 | €4,858,890 | €4,639,874 | -€219,017 | -4.5% |
| Amounts receivable within one year | 40/41 | €296,836 | €797,850 | +€501,014 | +168.8% |
| Trade receivables | 40 | €296,836 | €797,850 | +€501,014 | +168.8% |
| Cash at bank and in hand | 54/58 | €4,354,074 | €3,690,050 | -€664,024 | -15.3% |
| Deferred charges and accrued income | 490/1 | €207,979 | €151,973 | -€56,006 | -26.9% |
| Total equity and liabilities | 10/49 | €26,364,008 | €25,340,785 | -€1.0m | -3.9% |
| Equity | 10/15 | €3,053,930 | €3,467,937 | +€414,007 | +13.6% |
| Contributions | 10/11 | €9,821,129 | €11,821,129 | +€2.0m | +20.4% |
| Capital | 10 | €9,821,129 | €11,821,129 | +€2.0m | +20.4% |
| Issued capital | 100 | €9,821,129 | €11,821,129 | +€2.0m | +20.4% |
| Profit (loss) carried forward | 14 | -€6,767,200 | -€8,353,192 | -€1.6m | -23.4% |
| Provisions and deferred taxes | 16 | €1,590 | €0 | -€1,590 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €1,590 | €0 | -€1,590 | -100.0% |
| Other liabilities and charges | 164/5 | €1,590 | €0 | -€1,590 | -100.0% |
| Amounts payable | 17/49 | €23,308,488 | €21,872,848 | -€1.4m | -6.2% |
| Amounts payable after more than one year | 17 | €18,866,100 | €12,976,937 | -€5.9m | -31.2% |
| Financial debts | 170/4 | €18,866,100 | €12,976,937 | -€5.9m | -31.2% |
| Amounts payable within one year | 42/48 | €4,194,922 | €8,304,178 | +€4.1m | +98.0% |
| Current portion of amounts payable after more than one year | 42 | €3,000,000 | €7,889,163 | +€4.9m | +163.0% |
| Trade debts | 44 | €527,669 | €340,815 | -€186,854 | -35.4% |
| Suppliers | 440/4 | €527,669 | €340,815 | -€186,854 | -35.4% |
| Taxes, remuneration and social security | 45 | €593,283 | €231 | -€593,052 | -100.0% |
| Taxes | 450/3 | €593,283 | €231 | -€593,052 | -100.0% |
| Other amounts payable | 47/48 | €73,969 | €73,970 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €247,466 | €591,733 | +€344,266 | +139.1% |
| Non-recurring operating income | 76A | €1,246 | €0 | -€1,246 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106,557 | €1,067,378 | -€39,179 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€317,916 | -€143,057 | +€174,859 | +55.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€1,590 | -€1,590 | |
| Other operating charges | 640/8 | €589,922 | €617,775 | +€27,853 | +4.7% |
| Gross operating margin | 9900 | €1,962,174 | €930,098 | -€1.0m | -52.6% |
| Operating profit (loss) | 9901 | €583,611 | -€610,408 | -€1.2m | |
| Financial income | 75/76B | - | €35,632 | +€35,632 | |
| Recurring financial income | 75 | - | €35,632 | +€35,632 | |
| Financial charges | 65/66B | €993,208 | €1,011,217 | +€18,010 | +1.8% |
| Recurring financial charges | 65 | €993,208 | €1,011,217 | +€18,010 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€409,597 | -€1,585,993 | -€1.2m | -287.2% |
| Profit (loss) for the period | 9904 | -€409,597 | -€1,585,993 | -€1.2m | -287.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€409,597 | -€1,585,993 | -€1.2m | -287.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.