BSB 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.
BSB IMMO
Largest movements
- Receivables within one year -€817,336
down €817,336 (-45.4%), from €1.8m to €982,091
of which Trade receivables: -€1.3m
- Contributions +€3.5m
up €3.5m (+6900.0%), from €50,000 to €3.5m
- Other debts -€3.4m
down €3.4m (-43.3%), from €7.8m to €4.4m
- Trade debts -€408,305
down €408,305 (-88.6%), from €461,047 to €52,742
- Tax, wage and social debts -€247,568
down €247,568 (-57.7%), from €429,160 to €181,592
of which Taxes: -€275,861
- Profit (loss) carried forward -€146,515
down €146,515 (-11.6%), from €1.3m to €1.1m
- Gross operating margin -€1.1m
down €1.1m (-96.8%), from €1.1m to €35,510
- Other operating charges -€172,963
down €172,963 (-92.4%), from €187,251 to €14,288
- Taxes -€162,599
down €162,599 (-98.3%), from €165,475 to €2,877
- Depreciation +€59,258
up €59,258 (+83.7%), from €70,774 to €130,032
- Financial charges -€54,706
down €54,706 (-62.9%), from €86,949 to €32,243
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 | €11,521,153 | €10,736,927 | -€784,226 | -6.8% |
| Fixed assets | 21/28 | €9,709,583 | €9,740,224 | +€30,641 | +0.3% |
| Tangible fixed assets | 22/27 | €1,914,583 | €1,864,849 | -€49,734 | -2.6% |
| Land and buildings | 22 | €1,886,137 | €1,824,260 | -€61,877 | -3.3% |
| Plant, machinery and equipment | 23 | - | €4,515 | +€4,515 | |
| Furniture and vehicles | 24 | €28,446 | €36,074 | +€7,627 | +26.8% |
| Financial fixed assets | 28 | €7,795,000 | €7,875,375 | +€80,375 | +1.0% |
| Current assets | 29/58 | €1,811,569 | €996,703 | -€814,867 | -45.0% |
| Amounts receivable within one year | 40/41 | €1,799,427 | €982,091 | -€817,336 | -45.4% |
| Trade receivables | 40 | €1,582,814 | €269,060 | -€1.3m | -83.0% |
| Other amounts receivable | 41 | €216,614 | €713,031 | +€496,417 | +229.2% |
| Cash at bank and in hand | 54/58 | €8,696 | €9,876 | +€1,180 | +13.6% |
| Deferred charges and accrued income | 490/1 | €3,446 | €4,735 | +€1,289 | +37.4% |
| Total equity and liabilities | 10/49 | €11,521,153 | €10,736,927 | -€784,226 | -6.8% |
| Equity | 10/15 | €1,317,830 | €4,621,315 | +€3.3m | +250.7% |
| Contributions | 10/11 | €50,000 | €3,500,000 | +€3.5m | +6900.0% |
| Profit (loss) carried forward | 14 | €1,267,830 | €1,121,315 | -€146,515 | -11.6% |
| Amounts payable | 17/49 | €10,203,323 | €6,115,612 | -€4.1m | -40.1% |
| Amounts payable after more than one year | 17 | €835,285 | €771,326 | -€63,959 | -7.7% |
| Financial debts | 170/4 | €835,285 | €771,326 | -€63,959 | -7.7% |
| Amounts payable within one year | 42/48 | €9,310,886 | €5,287,134 | -€4.0m | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €633,710 | €640,612 | +€6,901 | +1.1% |
| Trade debts | 44 | €461,047 | €52,742 | -€408,305 | -88.6% |
| Suppliers | 440/4 | €461,047 | €52,742 | -€408,305 | -88.6% |
| Taxes, remuneration and social security | 45 | €429,160 | €181,592 | -€247,568 | -57.7% |
| Taxes | 450/3 | €421,887 | €146,026 | -€275,861 | -65.4% |
| Remuneration and social security | 454/9 | €7,273 | €35,566 | +€28,293 | +389.0% |
| Other amounts payable | 47/48 | €7,786,968 | €4,412,188 | -€3.4m | -43.3% |
| Accrued charges and deferred income | 492/3 | €57,152 | €57,152 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,076 | +€1,076 | |
| Remuneration, social security and pensions | 62 | €3,319 | €2,590 | -€729 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,774 | €130,032 | +€59,258 | +83.7% |
| Other operating charges | 640/8 | €187,251 | €14,288 | -€172,963 | -92.4% |
| Gross operating margin | 9900 | €1,118,976 | €35,510 | -€1.1m | -96.8% |
| Operating profit (loss) | 9901 | €857,632 | -€111,401 | -€969,033 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +18833.3% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +18833.3% |
| Financial charges | 65/66B | €86,949 | €32,243 | -€54,706 | -62.9% |
| Recurring financial charges | 65 | €86,949 | €32,243 | -€54,706 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €770,684 | -€143,639 | -€914,322 | |
| Income taxes | 67/77 | €165,475 | €2,877 | -€162,599 | -98.3% |
| Profit (loss) for the period | 9904 | €605,208 | -€146,515 | -€751,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €605,208 | -€146,515 | -€751,723 |
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 8 October 2026 via checked.be.