IMMO B.D.C. ESTATE: what changed
What changed
IMMO B.D.C. ESTATE
filed annual accounts (NBB)
Net result for the year
-€1,683
2024 · -€3,982+€2,299
Equity
€168,326
2024 · €170,009-€1,683
Cash
€1,170
2024 · €763+€408
Balance sheet total
€215,022
2024 · €230,456-€15,434
Largest movements
Assets
- Tangible fixed assets -€19,872
down €19,872 (-8.7%), from €229,693 to €209,821
of which Land and buildings: -€15,888
- Receivables within one year +€4,030
new in 2025: €4,030
Equity and liabilities
- Reserves -€10,211
down €10,211 (-10.3%), from €99,223 to €89,011
- Profit (loss) carried forward +€8,528
up €8,528 (+24.7%), from -€34,568 to -€26,040
- Other debts -€7,878
no longer reported in 2025 (was €7,878)
- Provisions -€3,404
down €3,404 (-10.3%), from €33,074 to €29,671
- Debts after one year -€3,051
down €3,051 (-18.4%), from €16,558 to €13,507
Income statement
- Gross operating margin +€2,105
up €2,105 (+12.6%), from €16,714 to €18,819
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.
Result 2024
-€3,982
Gross operating margin
+€2,105
Other operating charges
+€31
Financial income
+€110
Financial charges
+€53
Result 2025
-€1,683
raises the result
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.
From operations
+€3,401
Investment
€0
Financing
-€2,994
Cash 2024
€763
From operations (derived)
+€3,401
Net result for the year
-€1,683
Depreciation
+€19,872
Receivables within one year
-€4,030
Provisions
-€3,404
Other debts
-€7,878
Accrued charges and deferred income
+€525
Financing
-€2,994
Debts after one year
-€3,051
Current portion of long-term debt
+€57
Cash 2025
€1,170
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,456 | €215,022 | -€15,434 | -6.7% |
| Fixed assets | 21/28 | €229,693 | €209,821 | -€19,872 | -8.7% |
| Tangible fixed assets | 22/27 | €229,693 | €209,821 | -€19,872 | -8.7% |
| Land and buildings | 22 | €203,646 | €187,758 | -€15,888 | -7.8% |
| Plant, machinery and equipment | 23 | €26,047 | €22,063 | -€3,984 | -15.3% |
| Current assets | 29/58 | €763 | €5,201 | +€4,438 | +582% |
| Amounts receivable within one year | 40/41 | - | €4,030 | +€4,030 | |
| Other amounts receivable | 41 | - | €4,030 | +€4,030 | |
| Cash at bank and in hand | 54/58 | €763 | €1,170 | +€408 | +53.4% |
| Total equity and liabilities | 10/49 | €230,456 | €215,022 | -€15,434 | -6.7% |
| Equity | 10/15 | €170,009 | €168,326 | -€1,683 | -1.0% |
| Contributions | 10/11 | €105,355 | €105,355 | = | 0.0% |
| Capital | 10 | €105,355 | €105,355 | = | 0.0% |
| Issued capital | 100 | €105,355 | €105,355 | = | 0.0% |
| Reserves | 13 | €99,223 | €89,011 | -€10,211 | -10.3% |
| Tax-exempt reserves | 132 | €99,223 | €89,011 | -€10,211 | -10.3% |
| Profit (loss) carried forward | 14 | -€34,568 | -€26,040 | +€8,528 | +24.7% |
| Provisions and deferred taxes | 16 | €33,074 | €29,671 | -€3,404 | -10.3% |
| Deferred taxes | 168 | €33,074 | €29,671 | -€3,404 | -10.3% |
| Amounts payable | 17/49 | €27,372 | €17,025 | -€10,347 | -37.8% |
| Amounts payable after more than one year | 17 | €16,558 | €13,507 | -€3,051 | -18.4% |
| Financial debts | 170/4 | €16,558 | €13,507 | -€3,051 | -18.4% |
| Amounts payable within one year | 42/48 | €10,815 | €2,994 | -€7,821 | -72.3% |
| Current portion of amounts payable after more than one year | 42 | €2,936 | €2,994 | +€57 | +2.0% |
| Other amounts payable | 47/48 | €7,878 | - | -€7,878 | |
| Accrued charges and deferred income | 492/3 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,872 | €19,872 | = | 0.0% |
| Other operating charges | 640/8 | €3,169 | €3,138 | -€31 | -1.0% |
| Gross operating margin | 9900 | €16,714 | €18,819 | +€2,105 | +12.6% |
| Operating profit (loss) | 9901 | -€6,327 | -€4,191 | +€2,136 | +33.8% |
| Financial income | 75/76B | €10 | €120 | +€110 | +1,121% |
| Recurring financial income | 75 | €10 | €120 | +€110 | +1,121% |
| Financial charges | 65/66B | €1,069 | €1,016 | -€53 | -5.0% |
| Recurring financial charges | 65 | €1,069 | €1,016 | -€53 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,386 | -€5,087 | +€2,299 | +31.1% |
| Transfer from deferred taxes | 780 | €3,404 | €3,404 | = | 0.0% |
| Income taxes | 67/77 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€3,982 | -€1,683 | +€2,299 | +57.7% |
| Transfer from tax-exempt reserves | 789 | €10,211 | €10,211 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,229 | €8,528 | +€2,299 | +36.9% |
Next steps
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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.