BUSIMMO: 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.
What changed
BUSIMMO
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€167,426
2024 · -€25,814+€193,240
Equity
€558,591
2024 · €391,164+€167,426
Cash
€19,368
2024 · €1,804+€17,564
Balance sheet total
€2.2m
2024 · €2.2m-€45,029
Largest movements
Assets
- Receivables within one year -€48,002
down €48,002 (-50.6%), from €94,898 to €46,896
of which Trade receivables: -€49,725
Equity and liabilities
- Profit (loss) carried forward +€167,426
up €167,426 (+36.6%), from -€457,942 to -€290,515
- Other debts -€107,633
down €107,633 (-9.1%), from €1.2m to €1.1m
- Accrued charges and deferred income -€83,964
down €83,964 (-97.2%), from €86,402 to €2,437
Income statement
- Financial income +€177,132
new in 2025: €177,132
- Gross operating margin +€11,194
up €11,194 (+29.4%), from €38,068 to €49,262
- Financial charges -€4,977
down €4,977 (-10.1%), from €49,306 to €44,329
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
-€25,814
Gross operating margin
+€11,194
Other operating charges
-€63
Financial income
+€177,132
Financial charges
+€4,977
Result 2025
€167,426
raises the resultlowers the result
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.
From operations
+€37,564
Investment
€0
Financing
-€20,000
Cash 2024
€1,804
From operations (derived)
+€37,564
Net result for the year
+€167,426
Depreciation
+€12,135
Stocks and contracts
+€20,508
Receivables within one year
+€48,002
Deferred charges and accrued income
-€18,051
Trade debts
-€1,290
Tax, wage and social debts
+€431
Other debts
-€107,633
Accrued charges and deferred income
-€83,964
Financing
-€20,000
Short-term financial debts
-€20,000
Cash 2025
€19,368
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,249,652 | €2,204,623 | -€45,029 | -2.0% |
| Fixed assets | 21/28 | €257,854 | €245,720 | -€12,135 | -4.7% |
| Tangible fixed assets | 22/27 | €257,854 | €245,720 | -€12,135 | -4.7% |
| Other tangible fixed assets | 26 | €257,854 | €245,720 | -€12,135 | -4.7% |
| Current assets | 29/58 | €1,991,798 | €1,958,903 | -€32,894 | -1.7% |
| Stocks and contracts in progress | 3 | €1,869,922 | €1,849,414 | -€20,508 | -1.1% |
| Stocks | 30/36 | €1,869,922 | €1,849,414 | -€20,508 | -1.1% |
| Amounts receivable within one year | 40/41 | €94,898 | €46,896 | -€48,002 | -50.6% |
| Trade receivables | 40 | €56,225 | €6,500 | -€49,725 | -88.4% |
| Other amounts receivable | 41 | €38,674 | €40,396 | +€1,723 | +4.5% |
| Cash at bank and in hand | 54/58 | €1,804 | €19,368 | +€17,564 | +974% |
| Deferred charges and accrued income | 490/1 | €25,173 | €43,225 | +€18,051 | +71.7% |
| Total equity and liabilities | 10/49 | €2,249,652 | €2,204,623 | -€45,029 | -2.0% |
| Equity | 10/15 | €391,164 | €558,591 | +€167,426 | +42.8% |
| Contributions | 10/11 | €504,200 | €504,200 | = | 0.0% |
| Capital | 10 | €504,200 | €504,200 | = | 0.0% |
| Issued capital | 100 | €741,700 | €741,700 | = | 0.0% |
| Uncalled capital | 101 | €237,500 | €237,500 | = | 0.0% |
| Reserves | 13 | €344,906 | €344,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,156 | €19,156 | = | 0.0% |
| Legal reserve | 130 | €19,156 | €19,156 | = | 0.0% |
| Distributable reserves | 133 | €325,750 | €325,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€457,942 | -€290,515 | +€167,426 | +36.6% |
| Amounts payable | 17/49 | €1,858,488 | €1,646,032 | -€212,455 | -11.4% |
| Amounts payable within one year | 42/48 | €1,772,086 | €1,643,595 | -€128,491 | -7.3% |
| Financial debts | 43 | €590,000 | €570,000 | -€20,000 | -3.4% |
| Credit institutions | 430/8 | €590,000 | €570,000 | -€20,000 | -3.4% |
| Trade debts | 44 | €4,682 | €3,392 | -€1,290 | -27.5% |
| Suppliers | 440/4 | €4,682 | €3,392 | -€1,290 | -27.5% |
| Taxes, remuneration and social security | 45 | €449 | €881 | +€431 | +96.0% |
| Taxes | 450/3 | €449 | €881 | +€431 | +96.0% |
| Other amounts payable | 47/48 | €1,176,955 | €1,069,322 | -€107,633 | -9.1% |
| Accrued charges and deferred income | 492/3 | €86,402 | €2,437 | -€83,964 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,135 | €12,135 | = | 0.0% |
| Other operating charges | 640/8 | €2,441 | €2,504 | +€63 | +2.6% |
| Gross operating margin | 9900 | €38,068 | €49,262 | +€11,194 | +29.4% |
| Operating profit (loss) | 9901 | €23,492 | €34,624 | +€11,131 | +47.4% |
| Financial income | 75/76B | - | €177,132 | +€177,132 | |
| Recurring financial income | 75 | - | €177,132 | +€177,132 | |
| Financial charges | 65/66B | €49,306 | €44,329 | -€4,977 | -10.1% |
| Recurring financial charges | 65 | €49,306 | €44,329 | -€4,977 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,814 | €167,426 | +€193,240 | |
| Profit (loss) for the period | 9904 | -€25,814 | €167,426 | +€193,240 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,814 | €167,426 | +€193,240 |
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 16 October 2026 via checked.be.