IMMO B.C.V.G.: 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.V.G.
Largest movements
- Tangible fixed assets -€15,389
down €15,389 (-4.7%), from €329,990 to €314,601
- Debts after one year -€29,980
down €29,980 (-12.7%), from €236,858 to €206,878
- Trade debts +€7,225
up €7,225 (+304%), from €2,375 to €9,600
- Profit (loss) carried forward +€6,879
up €6,879, from -€856 to €6,023
- Current portion of long-term debt -€4,418
down €4,418 (-9.5%), from €46,347 to €41,930
- Financial charges -€12,677
down €12,677 (-69.1%), from €18,345 to €5,668
- Other operating charges +€7,367
up €7,367 (+1,708%), from €431 to €7,798
- Depreciation -€7,061
down €7,061 (-31.5%), from €22,450 to €15,389
- Gross operating margin -€2,443
down €2,443 (-6.1%), from €40,370 to €37,927
- Taxes +€2,193
up €2,193 (+7,308,567%), from €0 to €2,193
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 | €330,299 | €315,003 | -€15,295 | -4.6% |
| Fixed assets | 21/28 | €329,990 | €314,601 | -€15,389 | -4.7% |
| Tangible fixed assets | 22/27 | €329,990 | €314,601 | -€15,389 | -4.7% |
| Land and buildings | 22 | €329,990 | €314,601 | -€15,389 | -4.7% |
| Current assets | 29/58 | €308 | €402 | +€94 | +30.5% |
| Amounts receivable within one year | 40/41 | €263 | - | -€263 | |
| Trade receivables | 40 | €263 | - | -€263 | |
| Cash at bank and in hand | 54/58 | €46 | €402 | +€357 | +778% |
| Total equity and liabilities | 10/49 | €330,299 | €315,003 | -€15,295 | -4.6% |
| Equity | 10/15 | €18,006 | €24,885 | +€6,879 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €262 | €262 | = | 0.0% |
| Distributable reserves | 133 | €262 | €262 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€856 | €6,023 | +€6,879 | |
| Amounts payable | 17/49 | €312,293 | €290,118 | -€22,174 | -7.1% |
| Amounts payable after more than one year | 17 | €236,858 | €206,878 | -€29,980 | -12.7% |
| Financial debts | 170/4 | €236,858 | €206,878 | -€29,980 | -12.7% |
| Amounts payable within one year | 42/48 | €75,435 | €83,240 | +€7,805 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €46,347 | €41,930 | -€4,418 | -9.5% |
| Trade debts | 44 | €2,375 | €9,600 | +€7,225 | +304% |
| Suppliers | 440/4 | €2,375 | €9,600 | +€7,225 | +304% |
| Taxes, remuneration and social security | 45 | €161 | €2,353 | +€2,193 | +1,363% |
| Taxes | 450/3 | €161 | €2,353 | +€2,193 | +1,363% |
| Other amounts payable | 47/48 | €26,551 | €29,357 | +€2,805 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,450 | €15,389 | -€7,061 | -31.5% |
| Other operating charges | 640/8 | €431 | €7,798 | +€7,367 | +1,708% |
| Gross operating margin | 9900 | €40,370 | €37,927 | -€2,443 | -6.1% |
| Operating profit (loss) | 9901 | €17,489 | €14,739 | -€2,750 | -15.7% |
| Financial charges | 65/66B | €18,345 | €5,668 | -€12,677 | -69.1% |
| Recurring financial charges | 65 | €18,345 | €5,668 | -€12,677 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | -€856 | €9,071 | +€9,927 | |
| Income taxes | 67/77 | €0 | €2,193 | +€2,193 | +7,308,567% |
| Profit (loss) for the period | 9904 | -€856 | €6,879 | +€7,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€856 | €6,879 | +€7,735 |
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 29 October 2026 via checked.be.