IMMO B.M.S.E.: 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.M.S.E.
Largest movements
- Tangible fixed assets -€24,702
down €24,702 (-4.2%), from €593,782 to €569,079
of which Land and buildings: -€24,702
- Debts after one year -€12,677
down €12,677 (-30.9%), from €41,018 to €28,342
of which Financial debts: -€12,677
- Other debts -€8,682
down €8,682 (-4.9%), from €178,146 to €169,464
- Profit (loss) carried forward +€6,164
up €6,164 (+7.4%), from €83,635 to €89,799
- Depreciation +€1,885
up €1,885 (+8.3%), from €22,817 to €24,702
- Taxes +€505
up €505 (+18.6%), from €2,723 to €3,228
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.
Cash bridge derived
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 | €601,378 | €577,999 | -€23,379 | -3.9% |
| Fixed assets | 21/28 | €593,782 | €569,079 | -€24,702 | -4.2% |
| Tangible fixed assets | 22/27 | €593,782 | €569,079 | -€24,702 | -4.2% |
| Land and buildings | 22 | €593,782 | €569,079 | -€24,702 | -4.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €7,596 | €8,920 | +€1,324 | +17.4% |
| Cash at bank and in hand | 54/58 | €7,596 | €8,920 | +€1,324 | +17.4% |
| Total equity and liabilities | 10/49 | €601,378 | €577,999 | -€23,379 | -3.9% |
| Equity | 10/15 | €312,595 | €315,795 | +€3,200 | +1.0% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Capital | 10 | €99,200 | €99,200 | = | 0.0% |
| Issued capital | 100 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €129,760 | €126,796 | -€2,964 | -2.3% |
| Non-distributable reserves | 130/1 | €9,920 | €9,920 | = | 0.0% |
| Legal reserve | 130 | €9,920 | €9,920 | = | 0.0% |
| Tax-exempt reserves | 132 | €119,840 | €116,876 | -€2,964 | -2.5% |
| Profit (loss) carried forward | 14 | €83,635 | €89,799 | +€6,164 | +7.4% |
| Provisions and deferred taxes | 16 | €57,478 | €51,722 | -€5,756 | -10.0% |
| Deferred taxes | 168 | €57,478 | €51,722 | -€5,756 | -10.0% |
| Amounts payable | 17/49 | €231,305 | €210,483 | -€20,822 | -9.0% |
| Amounts payable after more than one year | 17 | €41,018 | €28,342 | -€12,677 | -30.9% |
| Financial debts | 170/4 | €38,804 | €26,127 | -€12,677 | -32.7% |
| Other amounts payable | 178/9 | €2,214 | €2,214 | = | 0.0% |
| Amounts payable within one year | 42/48 | €190,287 | €182,141 | -€8,145 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €12,141 | €12,678 | +€537 | +4.4% |
| Other amounts payable | 47/48 | €178,146 | €169,464 | -€8,682 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,817 | €24,702 | +€1,885 | +8.3% |
| Other operating charges | 640/8 | €3,593 | €3,738 | +€145 | +4.0% |
| Gross operating margin | 9900 | €31,729 | €31,427 | -€301 | -1.0% |
| Operating profit (loss) | 9901 | €5,318 | €2,987 | -€2,332 | -43.8% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,019 | €2,331 | +€312 | +15.5% |
| Recurring financial charges | 65 | €2,019 | €2,331 | +€312 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €3,299 | €671 | -€2,629 | -79.7% |
| Transfer from deferred taxes | 780 | €2,964 | €5,756 | +€2,792 | +94.2% |
| Income taxes | 67/77 | €2,723 | €3,228 | +€505 | +18.6% |
| Profit (loss) for the period | 9904 | €3,541 | €3,200 | -€341 | -9.6% |
| Transfer from tax-exempt reserves | 789 | €5,756 | €2,964 | -€2,792 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,297 | €6,164 | -€3,134 | -33.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.