BUBIMMO: 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.
What changed
BUBIMMO
NACE 73.300, Public relations and communication consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€222,721
2024 · €200,922+€21,799
Equity
€6.0m
2024 · €5.8m+€171,292
Cash
€634,822
2024 · €402,212+€232,610
Balance sheet total
€10.3m
2024 · €10.6m-€238,093
Largest movements
Assets
- Tangible fixed assets -€459,405
down €459,405 (-4.5%), from €10.2m to €9.7m
of which Land and buildings: -€459,874
- Cash +€232,610
up €232,610 (+57.8%), from €402,212 to €634,822
mainly Depreciation (+€472,821) and Net result for the year (+€222,721)
Equity and liabilities
- Debts after one year -€458,841
down €458,841 (-11.0%), from €4.2m to €3.7m
of which Financial debts: -€458,841
- Reserves +€240,633
up €240,633 (+10.5%), from €2.3m to €2.5m
of which Distributable reserves: +€240,633
Income statement
- Taxes +€73,293
up €73,293 (+222.2%), from €32,991 to €106,284
- Gross operating margin +€45,306
up €45,306 (+4.6%), from €983,111 to €1.0m
- Financial charges -€21,828
down €21,828 (-16.3%), from €133,707 to €111,879
- Write-downs -€16,362
down €16,362, from €10,672 to -€5,690
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.
Result 2024
€200,922
Gross operating margin
+€45,306
Depreciation
+€551
Write-downs
+€16,362
Other operating charges
+€8,217
Other operating items
+€3,488
Financial income
-€185
Financial charges
+€21,828
Taxes
-€73,293
Deferred taxes and other
-€475
Result 2025
€222,721
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.
From operations
+€741,574
Investment
-€13,416
Financing
-€495,547
Cash 2024
€402,212
From operations (derived)
+€741,574
Net result for the year
+€222,721
Depreciation
+€472,821
Receivables within one year
+€9,240
Deferred charges and accrued income
+€2,057
Trade debts
-€1,246
Tax, wage and social debts
+€37,844
Other debts
+€17,623
Accrued charges and deferred income
-€19,487
Investment (derived)
-€13,416
Investment in fixed assets (net)
-€13,416
Financing
-€495,547
Debts after one year
-€458,841
Current portion of long-term debt
+€14,722
Contributions, distributions and other
-€51,429
Cash 2025
€634,822
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,580,589 | €10,342,496 | -€238,093 | -2.3% |
| Fixed assets | 21/28 | €10,151,760 | €9,692,355 | -€459,405 | -4.5% |
| Tangible fixed assets | 22/27 | €10,151,760 | €9,692,355 | -€459,405 | -4.5% |
| Land and buildings | 22 | €10,150,198 | €9,690,323 | -€459,874 | -4.5% |
| Plant, machinery and equipment | 23 | €1,562 | €2,032 | +€469 | +30.0% |
| Current assets | 29/58 | €428,828 | €650,141 | +€221,312 | +51.6% |
| Amounts receivable within one year | 40/41 | €12,376 | €3,136 | -€9,240 | -74.7% |
| Trade receivables | 40 | €6,960 | €3,136 | -€3,824 | -54.9% |
| Other amounts receivable | 41 | €5,416 | €0 | -€5,416 | -100.0% |
| Cash at bank and in hand | 54/58 | €402,212 | €634,822 | +€232,610 | +57.8% |
| Deferred charges and accrued income | 490/1 | €14,240 | €12,183 | -€2,057 | -14.4% |
| Total equity and liabilities | 10/49 | €10,580,589 | €10,342,496 | -€238,093 | -2.3% |
| Equity | 10/15 | €5,849,940 | €6,021,232 | +€171,292 | +2.9% |
| Contributions | 10/11 | €2,084,184 | €2,084,184 | = | 0.0% |
| Revaluation surpluses | 12 | €871,568 | €828,014 | -€43,554 | -5.0% |
| Reserves | 13 | €2,297,068 | €2,537,701 | +€240,633 | +10.5% |
| Non-distributable reserves | 130/1 | €204,700 | €204,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €204,700 | €204,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,992 | €2,992 | = | 0.0% |
| Distributable reserves | 133 | €2,089,376 | €2,330,009 | +€240,633 | +11.5% |
| Profit (loss) carried forward | 14 | €597,120 | €571,333 | -€25,787 | -4.3% |
| Provisions and deferred taxes | 16 | €2,009 | €2,009 | = | 0.0% |
| Deferred taxes | 168 | €2,009 | €2,009 | = | 0.0% |
| Amounts payable | 17/49 | €4,728,640 | €4,319,255 | -€409,385 | -8.7% |
| Amounts payable after more than one year | 17 | €4,164,687 | €3,705,847 | -€458,841 | -11.0% |
| Financial debts | 170/4 | €3,722,907 | €3,264,067 | -€458,841 | -12.3% |
| Other amounts payable | 178/9 | €441,780 | €441,780 | = | 0.0% |
| Amounts payable within one year | 42/48 | €533,575 | €602,517 | +€68,943 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €444,119 | €458,841 | +€14,722 | +3.3% |
| Trade debts | 44 | €29,423 | €28,177 | -€1,246 | -4.2% |
| Suppliers | 440/4 | €29,423 | €28,177 | -€1,246 | -4.2% |
| Taxes, remuneration and social security | 45 | €10,551 | €48,395 | +€37,844 | +358.7% |
| Taxes | 450/3 | €10,551 | €48,395 | +€37,844 | +358.7% |
| Other amounts payable | 47/48 | €49,482 | €67,105 | +€17,623 | +35.6% |
| Accrued charges and deferred income | 492/3 | €30,378 | €10,891 | -€19,487 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473,373 | €472,821 | -€551 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,672 | -€5,690 | -€16,362 | |
| Other operating charges | 640/8 | €131,889 | €123,673 | -€8,217 | -6.2% |
| Non-recurring operating charges | 66A | €3,488 | - | -€3,488 | |
| Gross operating margin | 9900 | €983,111 | €1,028,417 | +€45,306 | +4.6% |
| Operating profit (loss) | 9901 | €363,689 | €437,613 | +€73,924 | +20.3% |
| Financial income | 75/76B | €3,457 | €3,271 | -€185 | -5.4% |
| Recurring financial income | 75 | €3,457 | €3,271 | -€185 | -5.4% |
| Financial charges | 65/66B | €133,707 | €111,879 | -€21,828 | -16.3% |
| Recurring financial charges | 65 | €133,707 | €111,879 | -€21,828 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €233,439 | €329,005 | +€95,567 | +40.9% |
| Transfer from deferred taxes | 780 | €475 | - | -€475 | |
| Income taxes | 67/77 | €32,991 | €106,284 | +€73,293 | +222.2% |
| Profit (loss) for the period | 9904 | €200,922 | €222,721 | +€21,799 | +10.8% |
| Transfer from tax-exempt reserves | 789 | €708 | - | -€708 | |
| Profit (loss) for the period to be appropriated | 9905 | €201,630 | €222,721 | +€21,091 | +10.5% |
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 29 September 2026 via checked.be.