BXL - IMMO: 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.
BXL - IMMO
Largest movements
- Tangible fixed assets +€78,226
up €78,226 (+22.8%), from €343,365 to €421,592
of which Plant, machinery and equipment: +€48,343
- Receivables within one year -€64,505
down €64,505 (-70.6%), from €91,388 to €26,882
of which Other amounts receivable: -€72,761
- Cash +€23,489
up €23,489 (+3,190%), from €736 to €24,226
mainly Receivables within one year (+€64,505) and Trade debts (+€46,574)
- Current investments -€10,056
down €10,056 (-89.9%), from €11,184 to €1,128
- Trade debts +€46,574
up €46,574 (+1,355%), from €3,438 to €50,012
- Debts after one year -€18,883
down €18,883 (-19.5%), from €96,630 to €77,747
- Gross operating margin -€9,775
down €9,775 (-36.7%), from €26,631 to €16,856
- Depreciation +€2,164
up €2,164 (+17.7%), from €12,228 to €14,392
- Financial charges -€374
down €374 (-13.7%), from €2,737 to €2,363
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €446,673 | €473,827 | +€27,154 | +6.1% |
| Fixed assets | 21/28 | €343,365 | €421,592 | +€78,226 | +22.8% |
| Tangible fixed assets | 22/27 | €343,365 | €421,592 | +€78,226 | +22.8% |
| Land and buildings | 22 | €329,636 | €359,519 | +€29,883 | +9.1% |
| Plant, machinery and equipment | 23 | €13,729 | €62,072 | +€48,343 | +352% |
| Current assets | 29/58 | €103,308 | €52,236 | -€51,072 | -49.4% |
| Amounts receivable within one year | 40/41 | €91,388 | €26,882 | -€64,505 | -70.6% |
| Trade receivables | 40 | €0 | €8,256 | +€8,256 | |
| Other amounts receivable | 41 | €91,388 | €18,626 | -€72,761 | -79.6% |
| Current investments | 50/53 | €11,184 | €1,128 | -€10,056 | -89.9% |
| Cash at bank and in hand | 54/58 | €736 | €24,226 | +€23,489 | +3,190% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €446,673 | €473,827 | +€27,154 | +6.1% |
| Equity | 10/15 | €230,113 | €226,882 | -€3,232 | -1.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,028 | €192,796 | -€3,232 | -1.6% |
| Amounts payable | 17/49 | €216,560 | €246,946 | +€30,386 | +14.0% |
| Amounts payable after more than one year | 17 | €96,630 | €77,747 | -€18,883 | -19.5% |
| Financial debts | 170/4 | €96,630 | €77,747 | -€18,883 | -19.5% |
| Amounts payable within one year | 42/48 | €119,930 | €169,199 | +€49,269 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €20,228 | €18,883 | -€1,344 | -6.6% |
| Trade debts | 44 | €3,438 | €50,012 | +€46,574 | +1,355% |
| Suppliers | 440/4 | €3,438 | €50,012 | +€46,574 | +1,355% |
| Taxes, remuneration and social security | 45 | - | €4,140 | +€4,140 | |
| Taxes | 450/3 | - | €4,140 | +€4,140 | |
| Other amounts payable | 47/48 | €96,264 | €96,164 | -€100 | -0.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,228 | €14,392 | +€2,164 | +17.7% |
| Other operating charges | 640/8 | €3,217 | €3,348 | +€131 | +4.1% |
| Gross operating margin | 9900 | €26,631 | €16,856 | -€9,775 | -36.7% |
| Operating profit (loss) | 9901 | €11,186 | -€884 | -€12,070 | |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €2,737 | €2,363 | -€374 | -13.7% |
| Recurring financial charges | 65 | €2,737 | €2,363 | -€374 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €8,448 | -€3,232 | -€11,680 | |
| Profit (loss) for the period | 9904 | €8,448 | -€3,232 | -€11,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,448 | -€3,232 | -€11,680 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.