IMMO B.C.H.: 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.
IMMO B.C.H.
Largest movements
- Tangible fixed assets +€692,652
up €692,652 (+94.8%), from €730,707 to €1.4m
of which Land and buildings: +€678,400
- Current investments +€22,029
up €22,029 (+718%), from €3,070 to €25,099
- Other debts +€551,854
up €551,854 (+190%), from €289,887 to €841,741
- Debts after one year +€120,423
up €120,423 (+21.8%), from €551,732 to €672,155
- Current portion of long-term debt +€49,261
up €49,261 (+89.3%), from €55,184 to €104,445
- Reserves +€33,865
up €33,865 (+175%), from €19,375 to €53,240
of which Distributable reserves: +€33,865
- Profit (loss) carried forward -€28,837
down €28,837 (-11.3%), from €255,395 to €226,558
- Gross operating margin +€48,540
up €48,540 (+53.1%), from €91,337 to €139,877
- Depreciation +€26,122
up €26,122 (+45.0%), from €58,020 to €84,142
- Financial charges +€11,572
up €11,572 (+63.0%), from €18,359 to €29,931
- Other operating charges +€9,280
up €9,280 (+206%), from €4,502 to €13,782
- Taxes -€2,012
down €2,012 (-64.8%), from €3,104 to €1,092
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,388,409 | €2,110,206 | +€721,797 | +52.0% |
| Fixed assets | 21/28 | €1,246,922 | €1,939,574 | +€692,652 | +55.5% |
| Tangible fixed assets | 22/27 | €730,707 | €1,423,359 | +€692,652 | +94.8% |
| Land and buildings | 22 | €730,707 | €1,409,107 | +€678,400 | +92.8% |
| Other tangible fixed assets | 26 | - | €14,252 | +€14,252 | |
| Financial fixed assets | 28 | €516,215 | €516,215 | = | 0.0% |
| Current assets | 29/58 | €141,487 | €170,632 | +€29,145 | +20.6% |
| Amounts receivable within one year | 40/41 | €127,806 | €130,405 | +€2,599 | +2.0% |
| Trade receivables | 40 | €4,092 | €4,092 | = | 0.0% |
| Other amounts receivable | 41 | €123,714 | €126,313 | +€2,599 | +2.1% |
| Current investments | 50/53 | €3,070 | €25,099 | +€22,029 | +718% |
| Cash at bank and in hand | 54/58 | €10,612 | €15,128 | +€4,516 | +42.6% |
| Total equity and liabilities | 10/49 | €1,388,409 | €2,110,206 | +€721,797 | +52.0% |
| Equity | 10/15 | €468,520 | €473,549 | +€5,029 | +1.1% |
| Contributions | 10/11 | €193,750 | €193,750 | = | 0.0% |
| Reserves | 13 | €19,375 | €53,240 | +€33,865 | +175% |
| Non-distributable reserves | 130/1 | €19,375 | €19,375 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,375 | €19,375 | = | 0.0% |
| Distributable reserves | 133 | - | €33,865 | +€33,865 | |
| Profit (loss) carried forward | 14 | €255,395 | €226,558 | -€28,837 | -11.3% |
| Amounts payable | 17/49 | €919,889 | €1,636,657 | +€716,768 | +77.9% |
| Amounts payable after more than one year | 17 | €551,732 | €672,155 | +€120,423 | +21.8% |
| Financial debts | 170/4 | €551,732 | €672,155 | +€120,423 | +21.8% |
| Amounts payable within one year | 42/48 | €367,897 | €964,502 | +€596,605 | +162% |
| Current portion of amounts payable after more than one year | 42 | €55,184 | €104,445 | +€49,261 | +89.3% |
| Trade debts | 44 | €1,877 | €6,806 | +€4,929 | +263% |
| Suppliers | 440/4 | €1,877 | €6,806 | +€4,929 | +263% |
| Taxes, remuneration and social security | 45 | €20,949 | €11,510 | -€9,439 | -45.1% |
| Taxes | 450/3 | €20,949 | €11,510 | -€9,439 | -45.1% |
| Other amounts payable | 47/48 | €289,887 | €841,741 | +€551,854 | +190% |
| Accrued charges and deferred income | 492/3 | €260 | - | -€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,020 | €84,142 | +€26,122 | +45.0% |
| Other operating charges | 640/8 | €4,502 | €13,782 | +€9,280 | +206% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €91,337 | €139,877 | +€48,540 | +53.1% |
| Operating profit (loss) | 9901 | €28,816 | €41,947 | +€13,132 | +45.6% |
| Financial charges | 65/66B | €18,359 | €29,931 | +€11,572 | +63.0% |
| Recurring financial charges | 65 | €18,359 | €29,931 | +€11,572 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €10,457 | €12,017 | +€1,560 | +14.9% |
| Income taxes | 67/77 | €3,104 | €1,092 | -€2,012 | -64.8% |
| Profit (loss) for the period | 9904 | €7,352 | €10,924 | +€3,572 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,352 | €10,924 | +€3,572 | +48.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.