IMMO BAKX: 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 BAKX
Largest movements
- Tangible fixed assets +€44,489
up €44,489 (+5.3%), from €845,310 to €889,799
of which Leasing and similar rights: +€68,303
- Cash +€9,313
up €9,313 (+1,018%), from €915 to €10,229
mainly Net result for the year (+€67,000) and Depreciation (+€28,518)
- Other debts +€25,215
up €25,215 (+40.9%), from €61,642 to €86,857
- Reserves +€24,000
up €24,000 (+7.2%), from €333,760 to €357,760
of which Distributable reserves: +€24,000
- Debts after one year +€18,974
up €18,974 (+6.1%), from €308,688 to €327,662
- Short-term financial debts -€10,922
down €10,922 (-100%), from €10,922 to €0
- Turnover -€174,979
no longer reported in 2025 (was €174,979)
- Purchases and services -€42,878
no longer reported in 2025 (was €42,878)
- Gross operating margin +€8,449
up €8,449 (+6.1%), from €138,184 to €146,633
- Financial charges -€4,516
down €4,516 (-27.2%), from €16,582 to €12,066
- Taxes +€2,987
up €2,987 (+9.8%), from €30,601 to €33,588
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 | €848,860 | €907,688 | +€58,828 | +6.9% |
| Fixed assets | 21/28 | €845,310 | €889,799 | +€44,489 | +5.3% |
| Tangible fixed assets | 22/27 | €845,310 | €889,799 | +€44,489 | +5.3% |
| Land and buildings | 22 | €845,310 | €819,212 | -€26,099 | -3.1% |
| Furniture and vehicles | 24 | €0 | €2,284 | +€2,284 | |
| Leasing and similar rights | 25 | - | €68,303 | +€68,303 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,550 | €17,889 | +€14,339 | +404% |
| Amounts receivable within one year | 40/41 | €2,635 | €6,010 | +€3,375 | +128% |
| Trade receivables | 40 | €2,635 | €4,937 | +€2,302 | +87.4% |
| Other amounts receivable | 41 | - | €1,073 | +€1,073 | |
| Cash at bank and in hand | 54/58 | €915 | €10,229 | +€9,313 | +1,018% |
| Deferred charges and accrued income | 490/1 | €0 | €1,650 | +€1,650 | |
| Total equity and liabilities | 10/49 | €848,860 | €907,688 | +€58,828 | +6.9% |
| Equity | 10/15 | €398,508 | €422,507 | +€24,000 | +6.0% |
| Contributions | 10/11 | €64,748 | €64,748 | = | 0.0% |
| Capital | 10 | €64,748 | €64,748 | = | 0.0% |
| Issued capital | 100 | €64,748 | €64,748 | = | 0.0% |
| Reserves | 13 | €333,760 | €357,760 | +€24,000 | +7.2% |
| Non-distributable reserves | 130/1 | €6,479 | €6,479 | = | 0.0% |
| Legal reserve | 130 | €6,479 | €6,479 | = | 0.0% |
| Distributable reserves | 133 | €327,281 | €351,281 | +€24,000 | +7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €450,353 | €485,181 | +€34,828 | +7.7% |
| Amounts payable after more than one year | 17 | €308,688 | €327,662 | +€18,974 | +6.1% |
| Financial debts | 170/4 | €308,688 | €327,662 | +€18,974 | +6.1% |
| Amounts payable within one year | 42/48 | €133,761 | €152,734 | +€18,973 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €50,197 | €51,611 | +€1,414 | +2.8% |
| Financial debts | 43 | €10,922 | €0 | -€10,922 | -100% |
| Credit institutions | 430/8 | €10,922 | €0 | -€10,922 | -100% |
| Trade debts | 44 | €776 | €6,828 | +€6,052 | +780% |
| Suppliers | 440/4 | €776 | €6,828 | +€6,052 | +780% |
| Taxes, remuneration and social security | 45 | €10,224 | €7,438 | -€2,786 | -27.3% |
| Taxes | 450/3 | €10,224 | €7,438 | -€2,786 | -27.3% |
| Other amounts payable | 47/48 | €61,642 | €86,857 | +€25,215 | +40.9% |
| Accrued charges and deferred income | 492/3 | €7,904 | €4,785 | -€3,119 | -39.5% |
| Turnover | 70 | €174,979 | - | -€174,979 | |
| Non-recurring operating income | 76A | €0 | €8 | +€8 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,878 | - | -€42,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,365 | €28,518 | +€2,152 | +8.2% |
| Other operating charges | 640/8 | €4,971 | €4,520 | -€451 | -9.1% |
| Non-recurring operating charges | 66A | €100 | €942 | +€842 | +842% |
| Gross operating margin | 9900 | €138,184 | €146,633 | +€8,449 | +6.1% |
| Operating profit (loss) | 9901 | €106,748 | €112,653 | +€5,906 | +5.5% |
| Financial charges | 65/66B | €16,582 | €12,066 | -€4,516 | -27.2% |
| Recurring financial charges | 65 | €16,582 | €12,066 | -€4,516 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €90,166 | €100,588 | +€10,421 | +11.6% |
| Income taxes | 67/77 | €30,601 | €33,588 | +€2,987 | +9.8% |
| Profit (loss) for the period | 9904 | €59,566 | €67,000 | +€7,434 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,566 | €67,000 | +€7,434 | +12.5% |
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 13 October 2026 via checked.be.