IMMEUBLE BIENFAITEURS: what changed
IMMEUBLE BIENFAITEURS
Largest movements
- Tangible fixed assets -€16,684
down €16,684 (-6.3%), from €265,874 to €249,190
of which Land and buildings: -€15,959
- Cash -€3,672
down €3,672 (-22.6%), from €16,274 to €12,602
mainly Current portion of long-term debt (-€28,789) and Other debts (-€27,164)
- Profit (loss) carried forward +€57,266
up €57,266 (+128%), from €44,595 to €101,861
- Current portion of long-term debt -€28,789
no longer reported in 2025 (was €28,789)
- Other debts -€27,164
no longer reported in 2025 (was €27,164)
- Reserves -€11,030
down €11,030 (-8.3%), from €133,510 to €122,480
of which Distributable reserves: -€11,030
- Tax, wage and social debts -€10,156
down €10,156 (-36.8%), from €27,606 to €17,450
- Gross operating margin -€25,430
down €25,430 (-31.4%), from €80,941 to €55,511
- Taxes -€4,241
down €4,241 (-32.6%), from €13,000 to €8,759
- Financial charges -€1,915
down €1,915 (-83.8%), from €2,285 to €369
- Financial income +€1,095
new in 2025: €1,095
- Other operating charges +€943
up €943 (+8.8%), from €10,777 to €11,721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,148 | €261,792 | -€20,356 | -7.2% |
| Fixed assets | 21/28 | €265,874 | €249,190 | -€16,684 | -6.3% |
| Tangible fixed assets | 22/27 | €265,874 | €249,190 | -€16,684 | -6.3% |
| Land and buildings | 22 | €265,149 | €249,190 | -€15,959 | -6.0% |
| Plant, machinery and equipment | 23 | €725 | €0 | -€725 | -100.0% |
| Current assets | 29/58 | €16,274 | €12,602 | -€3,672 | -22.6% |
| Cash at bank and in hand | 54/58 | €16,274 | €12,602 | -€3,672 | -22.6% |
| Total equity and liabilities | 10/49 | €282,148 | €261,792 | -€20,356 | -7.2% |
| Equity | 10/15 | €198,106 | €244,342 | +€46,236 | +23.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €133,510 | €122,480 | -€11,030 | -8.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €131,510 | €120,480 | -€11,030 | -8.4% |
| Profit (loss) carried forward | 14 | €44,595 | €101,861 | +€57,266 | +128% |
| Amounts payable | 17/49 | €84,043 | €17,450 | -€66,592 | -79.2% |
| Amounts payable within one year | 42/48 | €84,043 | €17,450 | -€66,592 | -79.2% |
| Current portion of amounts payable after more than one year | 42 | €28,789 | - | -€28,789 | |
| Trade debts | 44 | €484 | - | -€484 | |
| Suppliers | 440/4 | €484 | - | -€484 | |
| Taxes, remuneration and social security | 45 | €27,606 | €17,450 | -€10,156 | -36.8% |
| Taxes | 450/3 | €27,606 | €17,450 | -€10,156 | -36.8% |
| Other amounts payable | 47/48 | €27,164 | - | -€27,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,684 | €16,684 | -€0 | 0.0% |
| Other operating charges | 640/8 | €10,777 | €11,721 | +€943 | +8.8% |
| Gross operating margin | 9900 | €80,941 | €55,511 | -€25,430 | -31.4% |
| Operating profit (loss) | 9901 | €53,479 | €27,106 | -€26,373 | -49.3% |
| Financial income | 75/76B | - | €1,095 | +€1,095 | |
| Recurring financial income | 75 | - | €1,095 | +€1,095 | |
| Financial charges | 65/66B | €2,285 | €369 | -€1,915 | -83.8% |
| Recurring financial charges | 65 | €2,285 | €369 | -€1,915 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €51,194 | €27,832 | -€23,362 | -45.6% |
| Income taxes | 67/77 | €13,000 | €8,759 | -€4,241 | -32.6% |
| Profit (loss) for the period | 9904 | €38,194 | €19,072 | -€19,122 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,194 | €19,072 | -€19,122 | -50.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.