IMMO BEDER: what changed
Two fiscal 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 BEDER
Largest movements
- Tangible fixed assets -€23,661
down €23,661 (-10.7%), from €220,396 to €196,734
of which Land and buildings: -€16,212
- Cash +€8,326
up €8,326 (+5.4%), from €154,101 to €162,427
mainly Depreciation (+€23,661) and Receivables within one year (+€1,955)
- Deferred charges and accrued income +€5,653
up €5,653 (+6.7%), from €84,460 to €90,113
- Debts after one year -€6,589
down €6,589 (-16.9%), from €38,988 to €32,399
- Gross operating margin +€6,332
up €6,332 (+21.6%), from €29,361 to €35,693
- Depreciation +€5,787
up €5,787 (+32.4%), from €17,875 to €23,661
- Taxes +€1,507
up €1,507 (+167.8%), from €898 to €2,405
- Financial income +€897
up €897 (+361.0%), from €248 to €1,145
- Other operating charges +€713
up €713 (+7.8%), from €9,113 to €9,827
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 | €460,911 | €449,274 | -€11,638 | -2.5% |
| Fixed assets | 21/28 | €220,396 | €196,734 | -€23,661 | -10.7% |
| Tangible fixed assets | 22/27 | €220,396 | €196,734 | -€23,661 | -10.7% |
| Land and buildings | 22 | €186,418 | €170,206 | -€16,212 | -8.7% |
| Plant, machinery and equipment | 23 | €1,738 | €904 | -€834 | -48.0% |
| Furniture and vehicles | 24 | €32,240 | €25,624 | -€6,616 | -20.5% |
| Current assets | 29/58 | €240,516 | €252,540 | +€12,024 | +5.0% |
| Amounts receivable within one year | 40/41 | €1,955 | - | -€1,955 | |
| Other amounts receivable | 41 | €1,955 | - | -€1,955 | |
| Cash at bank and in hand | 54/58 | €154,101 | €162,427 | +€8,326 | +5.4% |
| Deferred charges and accrued income | 490/1 | €84,460 | €90,113 | +€5,653 | +6.7% |
| Total equity and liabilities | 10/49 | €460,911 | €449,274 | -€11,638 | -2.5% |
| Equity | 10/15 | €283,819 | €283,918 | +€99 | 0.0% |
| Contributions | 10/11 | €240,457 | €240,457 | = | 0.0% |
| Capital | 10 | €240,457 | €240,457 | = | 0.0% |
| Issued capital | 100 | €240,457 | €240,457 | = | 0.0% |
| Reserves | 13 | €37,881 | €37,881 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,070 | €4,070 | = | 0.0% |
| Legal reserve | 130 | €4,070 | €4,070 | = | 0.0% |
| Distributable reserves | 133 | €33,811 | €33,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,480 | €5,580 | +€99 | +1.8% |
| Amounts payable | 17/49 | €177,093 | €165,356 | -€11,737 | -6.6% |
| Amounts payable after more than one year | 17 | €38,988 | €32,399 | -€6,589 | -16.9% |
| Financial debts | 170/4 | €38,988 | €32,399 | -€6,589 | -16.9% |
| Amounts payable within one year | 42/48 | €136,103 | €129,197 | -€6,906 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €6,488 | €6,589 | +€101 | +1.6% |
| Trade debts | 44 | €20,603 | €16,979 | -€3,624 | -17.6% |
| Suppliers | 440/4 | €20,603 | €16,979 | -€3,624 | -17.6% |
| Taxes, remuneration and social security | 45 | €898 | €64 | -€834 | -92.9% |
| Taxes | 450/3 | €898 | €64 | -€834 | -92.9% |
| Other amounts payable | 47/48 | €108,114 | €105,564 | -€2,550 | -2.4% |
| Accrued charges and deferred income | 492/3 | €2,002 | €3,761 | +€1,759 | +87.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,875 | €23,661 | +€5,787 | +32.4% |
| Other operating charges | 640/8 | €9,113 | €9,827 | +€713 | +7.8% |
| Gross operating margin | 9900 | €29,361 | €35,693 | +€6,332 | +21.6% |
| Operating profit (loss) | 9901 | €2,373 | €2,205 | -€168 | -7.1% |
| Financial income | 75/76B | €248 | €1,145 | +€897 | +361.0% |
| Recurring financial income | 75 | €248 | €1,145 | +€897 | +361.0% |
| Financial charges | 65/66B | €970 | €846 | -€124 | -12.8% |
| Recurring financial charges | 65 | €970 | €846 | -€124 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €1,651 | €2,504 | +€853 | +51.6% |
| Income taxes | 67/77 | €898 | €2,405 | +€1,507 | +167.8% |
| Profit (loss) for the period | 9904 | €753 | €99 | -€654 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €753 | €99 | -€654 | -86.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.