IMMO BANNEUX: 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 BANNEUX
Largest movements
- Tangible fixed assets -€26,242
down €26,242 (-7.4%), from €353,434 to €327,192
- Receivables within one year -€26,080
down €26,080 (-14.9%), from €174,800 to €148,720
- Debts after one year -€45,603
down €45,603 (-44.0%), from €103,630 to €58,027
- Profit (loss) carried forward +€13,743
up €13,743, from -€10,654 to €3,088
- Other debts -€10,174
no longer reported in 2025 (was €10,174)
- Reserves -€7,350
down €7,350 (-2.8%), from €261,459 to €254,109
of which Tax-exempt reserves: -€7,350
- Taxes -€26,251
down €26,251 (-83.0%), from €31,645 to €5,395
- Gross operating margin -€2,459
down €2,459 (-5.9%), from €41,983 to €39,524
- Financial charges -€708
down €708 (-24.8%), from €2,857 to €2,150
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 | €528,776 | €476,323 | -€52,453 | -9.9% |
| Fixed assets | 21/28 | €353,434 | €327,192 | -€26,242 | -7.4% |
| Tangible fixed assets | 22/27 | €353,434 | €327,192 | -€26,242 | -7.4% |
| Land and buildings | 22 | €353,434 | €327,192 | -€26,242 | -7.4% |
| Current assets | 29/58 | €175,342 | €149,131 | -€26,211 | -14.9% |
| Amounts receivable within one year | 40/41 | €174,800 | €148,720 | -€26,080 | -14.9% |
| Other amounts receivable | 41 | €174,800 | €148,720 | -€26,080 | -14.9% |
| Cash at bank and in hand | 54/58 | €542 | €411 | -€131 | -24.2% |
| Total equity and liabilities | 10/49 | €528,776 | €476,323 | -€52,453 | -9.9% |
| Equity | 10/15 | €312,805 | €319,198 | +€6,393 | +2.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €261,459 | €254,109 | -€7,350 | -2.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €88,196 | €80,846 | -€7,350 | -8.3% |
| Distributable reserves | 133 | €167,063 | €167,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,654 | €3,088 | +€13,743 | |
| Provisions and deferred taxes | 16 | €45,414 | €41,630 | -€3,785 | -8.3% |
| Deferred taxes | 168 | €45,414 | €41,630 | -€3,785 | -8.3% |
| Amounts payable | 17/49 | €170,557 | €115,495 | -€55,062 | -32.3% |
| Amounts payable after more than one year | 17 | €103,630 | €58,027 | -€45,603 | -44.0% |
| Financial debts | 170/4 | €103,630 | €58,027 | -€45,603 | -44.0% |
| Amounts payable within one year | 42/48 | €66,927 | €57,469 | -€9,458 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €44,888 | €45,603 | +€715 | +1.6% |
| Trade debts | 44 | €1,195 | €1,195 | = | 0.0% |
| Suppliers | 440/4 | €1,195 | €1,195 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,670 | €10,670 | = | 0.0% |
| Taxes | 450/3 | €10,670 | €10,670 | = | 0.0% |
| Other amounts payable | 47/48 | €10,174 | - | -€10,174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,242 | €26,242 | = | 0.0% |
| Other operating charges | 640/8 | €3,027 | €3,129 | +€102 | +3.4% |
| Gross operating margin | 9900 | €41,983 | €39,524 | -€2,459 | -5.9% |
| Operating profit (loss) | 9901 | €12,714 | €10,153 | -€2,561 | -20.1% |
| Financial charges | 65/66B | €2,857 | €2,150 | -€708 | -24.8% |
| Recurring financial charges | 65 | €2,857 | €2,150 | -€708 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €9,857 | €8,003 | -€1,854 | -18.8% |
| Transfer from deferred taxes | 780 | €3,785 | €3,785 | = | 0.0% |
| Income taxes | 67/77 | €31,645 | €5,395 | -€26,251 | -83.0% |
| Profit (loss) for the period | 9904 | -€18,004 | €6,393 | +€24,397 | |
| Transfer from tax-exempt reserves | 789 | €7,350 | €7,350 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,654 | €13,743 | +€24,397 |
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 19 October 2026 via checked.be.