BUREAU IMMEX: 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.
BUREAU IMMEX
Largest movements
- Receivables within one year +€56,166
up €56,166 (+97.1%), from €57,846 to €114,012
of which Trade receivables: +€74,010
- Tangible fixed assets -€44,375
down €44,375 (-9.6%), from €461,430 to €417,055
of which Land and buildings: -€37,825
- Cash +€41,213
up €41,213 (+18.6%), from €221,405 to €262,618
mainly Net result for the year (+€145,062) and Depreciation (+€44,375)
- Receivables after one year +€34,000
up €34,000 (+31.1%), from €109,311 to €143,311
- Reserves +€114,310
up €114,310 (+18.0%), from €636,719 to €751,029
of which Distributable reserves: +€114,310
- Debts after one year -€27,942
down €27,942 (-26.2%), from €106,466 to €78,524
- Current portion of long-term debt -€23,394
down €23,394 (-45.6%), from €51,336 to €27,942
- Tax, wage and social debts +€20,025
up €20,025 (+99.8%), from €20,061 to €40,086
- Gross operating margin +€85,662
up €85,662 (+47.9%), from €178,730 to €264,392
- Taxes +€27,866
up €27,866 (+68.4%), from €40,710 to €68,575
- Financial income -€2,757
down €2,757 (-40.5%), from €6,801 to €4,045
of which Financial income: -€2,757
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 | €857,194 | €944,218 | +€87,024 | +10.2% |
| Fixed assets | 21/28 | €461,455 | €417,080 | -€44,375 | -9.6% |
| Tangible fixed assets | 22/27 | €461,430 | €417,055 | -€44,375 | -9.6% |
| Land and buildings | 22 | €430,104 | €392,279 | -€37,825 | -8.8% |
| Furniture and vehicles | 24 | €31,325 | €24,776 | -€6,549 | -20.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €395,739 | €527,138 | +€131,399 | +33.2% |
| Amounts receivable after more than one year | 29 | €109,311 | €143,311 | +€34,000 | +31.1% |
| Other amounts receivable | 291 | €109,311 | €143,311 | +€34,000 | +31.1% |
| Amounts receivable within one year | 40/41 | €57,846 | €114,012 | +€56,166 | +97.1% |
| Trade receivables | 40 | €23,654 | €97,664 | +€74,010 | +313% |
| Other amounts receivable | 41 | €34,192 | €16,348 | -€17,844 | -52.2% |
| Cash at bank and in hand | 54/58 | €221,405 | €262,618 | +€41,213 | +18.6% |
| Deferred charges and accrued income | 490/1 | €7,177 | €7,197 | +€20 | +0.3% |
| Total equity and liabilities | 10/49 | €857,194 | €944,218 | +€87,024 | +10.2% |
| Equity | 10/15 | €655,319 | €769,629 | +€114,310 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €636,719 | €751,029 | +€114,310 | +18.0% |
| Tax-exempt reserves | 132 | €327 | €327 | = | 0.0% |
| Distributable reserves | 133 | €636,392 | €750,702 | +€114,310 | +18.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €22,457 | €22,457 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,457 | €22,457 | = | 0.0% |
| Pensions and similar obligations | 160 | €22,457 | €22,457 | = | 0.0% |
| Amounts payable | 17/49 | €179,418 | €152,132 | -€27,286 | -15.2% |
| Amounts payable after more than one year | 17 | €106,466 | €78,524 | -€27,942 | -26.2% |
| Financial debts | 170/4 | €106,466 | €78,524 | -€27,942 | -26.2% |
| Amounts payable within one year | 42/48 | €72,232 | €72,040 | -€192 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €51,336 | €27,942 | -€23,394 | -45.6% |
| Trade debts | 44 | €836 | €4,011 | +€3,176 | +380% |
| Suppliers | 440/4 | €836 | €4,011 | +€3,176 | +380% |
| Taxes, remuneration and social security | 45 | €20,061 | €40,086 | +€20,025 | +99.8% |
| Taxes | 450/3 | €20,061 | €40,086 | +€20,025 | +99.8% |
| Accrued charges and deferred income | 492/3 | €720 | €1,569 | +€849 | +118% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,118 | €44,375 | -€744 | -1.6% |
| Other operating charges | 640/8 | €4,182 | €6,155 | +€1,973 | +47.2% |
| Gross operating margin | 9900 | €178,730 | €264,392 | +€85,662 | +47.9% |
| Operating profit (loss) | 9901 | €129,430 | €213,863 | +€84,433 | +65.2% |
| Financial income | 75/76B | €6,801 | €4,045 | -€2,757 | -40.5% |
| Recurring financial income | 75 | €6,546 | €3,789 | -€2,757 | -42.1% |
| Non-recurring financial income | 76B | €255 | €255 | = | 0.0% |
| Financial charges | 65/66B | €5,737 | €4,270 | -€1,467 | -25.6% |
| Recurring financial charges | 65 | €5,737 | €4,270 | -€1,467 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €130,494 | €213,637 | +€83,143 | +63.7% |
| Income taxes | 67/77 | €40,710 | €68,575 | +€27,866 | +68.4% |
| Profit (loss) for the period | 9904 | €89,785 | €145,062 | +€55,277 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,785 | €145,062 | +€55,277 | +61.6% |
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 20 October 2026 via checked.be.