brIMMOn: 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.
brIMMOn
Largest movements
- Tangible fixed assets -€40,428
down €40,428 (-5.6%), from €717,037 to €676,608
of which Land and buildings: -€39,331
- Cash +€10,088
up €10,088 (+86.3%), from €11,685 to €21,773
mainly Depreciation (+€40,428) and Net result for the year (+€32,604)
- Debts after one year -€49,883
down €49,883 (-9.2%), from €540,237 to €490,355
of which Financial debts: -€49,883
- Reserves +€32,604
up €32,604 (+30.1%), from €108,329 to €140,934
of which Distributable reserves: +€32,604
- Depreciation -€18,669
down €18,669 (-31.6%), from €59,097 to €40,428
- Gross operating margin -€15,134
down €15,134 (-12.4%), from €121,755 to €106,622
- Financial charges -€7,438
down €7,438 (-39.6%), from €18,788 to €11,349
- Taxes +€7,021
up €7,021 (+82.1%), from €8,556 to €15,577
- Other operating charges -€4,643
down €4,643 (-40.8%), from €11,367 to €6,724
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 | €750,597 | €726,201 | -€24,396 | -3.3% |
| Fixed assets | 21/28 | €717,037 | €676,608 | -€40,428 | -5.6% |
| Tangible fixed assets | 22/27 | €717,037 | €676,608 | -€40,428 | -5.6% |
| Land and buildings | 22 | €709,891 | €670,560 | -€39,331 | -5.5% |
| Plant, machinery and equipment | 23 | €612 | €531 | -€81 | -13.2% |
| Furniture and vehicles | 24 | €1,615 | €1,255 | -€360 | -22.3% |
| Other tangible fixed assets | 26 | €4,919 | €4,263 | -€656 | -13.3% |
| Current assets | 29/58 | €33,560 | €49,593 | +€16,032 | +47.8% |
| Amounts receivable within one year | 40/41 | €14,361 | €14,459 | +€98 | +0.7% |
| Trade receivables | 40 | €8,335 | €8,470 | +€135 | +1.6% |
| Other amounts receivable | 41 | €6,027 | €5,989 | -€38 | -0.6% |
| Current investments | 50/53 | €3,500 | €9,500 | +€6,000 | +171% |
| Cash at bank and in hand | 54/58 | €11,685 | €21,773 | +€10,088 | +86.3% |
| Deferred charges and accrued income | 490/1 | €4,014 | €3,860 | -€154 | -3.8% |
| Total equity and liabilities | 10/49 | €750,597 | €726,201 | -€24,396 | -3.3% |
| Equity | 10/15 | €128,329 | €160,934 | +€32,604 | +25.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €108,329 | €140,934 | +€32,604 | +30.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €106,329 | €138,934 | +€32,604 | +30.7% |
| Amounts payable | 17/49 | €622,268 | €565,268 | -€57,000 | -9.2% |
| Amounts payable after more than one year | 17 | €540,237 | €490,355 | -€49,883 | -9.2% |
| Financial debts | 170/4 | €539,437 | €489,555 | -€49,883 | -9.2% |
| Other amounts payable | 178/9 | €800 | €800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,475 | €70,360 | -€7,115 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €48,925 | €49,883 | +€958 | +2.0% |
| Financial debts | 43 | €503 | €264 | -€239 | -47.5% |
| Credit institutions | 430/8 | €503 | €264 | -€239 | -47.5% |
| Trade debts | 44 | €6,242 | €3,864 | -€2,378 | -38.1% |
| Suppliers | 440/4 | €6,242 | €3,864 | -€2,378 | -38.1% |
| Taxes, remuneration and social security | 45 | €1,830 | €2,659 | +€829 | +45.3% |
| Taxes | 450/3 | €817 | €2,659 | +€1,842 | +225% |
| Remuneration and social security | 454/9 | €1,013 | - | -€1,013 | |
| Other amounts payable | 47/48 | €19,975 | €13,690 | -€6,285 | -31.5% |
| Accrued charges and deferred income | 492/3 | €4,555 | €4,553 | -€2 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,097 | €40,428 | -€18,669 | -31.6% |
| Other operating charges | 640/8 | €11,367 | €6,724 | -€4,643 | -40.8% |
| Gross operating margin | 9900 | €121,755 | €106,622 | -€15,134 | -12.4% |
| Operating profit (loss) | 9901 | €51,292 | €59,470 | +€8,178 | +15.9% |
| Financial income | 75/76B | €159 | €61 | -€98 | -61.5% |
| Recurring financial income | 75 | €159 | €61 | -€98 | -61.5% |
| Financial charges | 65/66B | €18,788 | €11,349 | -€7,438 | -39.6% |
| Recurring financial charges | 65 | €18,788 | €11,349 | -€7,438 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €32,663 | €48,181 | +€15,519 | +47.5% |
| Income taxes | 67/77 | €8,556 | €15,577 | +€7,021 | +82.1% |
| Profit (loss) for the period | 9904 | €24,107 | €32,604 | +€8,497 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,107 | €32,604 | +€8,497 | +35.2% |
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 25 October 2026 via checked.be.