IMMO BEQUET: 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 BEQUET
Largest movements
- Cash +€12,946
up €12,946 (+36.3%), from €35,639 to €48,585
mainly Net result for the year (+€34,849) and Other debts (+€26,750)
- Tangible fixed assets -€8,099
down €8,099 (-7.3%), from €110,590 to €102,492
of which Land and buildings: -€7,485
- Other debts +€26,750
up €26,750 (+942.5%), from €2,838 to €29,588
- Current portion of long-term debt -€22,972
down €22,972 (-66.3%), from €34,665 to €11,692
- Debts after one year -€11,692
down €11,692 (-100.0%), from €11,692 to €0
- Tax, wage and social debts +€7,913
up €7,913 (+193.6%), from €4,088 to €12,002
- Reserves +€3,300
up €3,300 (+4.5%), from €72,660 to €75,960
of which Distributable reserves: +€3,300
- Depreciation -€13,856
down €13,856 (-63.1%), from €21,955 to €8,099
- Taxes +€4,736
up €4,736 (+43.3%), from €10,926 to €15,663
- Gross operating margin +€1,948
up €1,948 (+3.1%), from €63,481 to €65,429
- Financial charges -€665
down €665 (-44.9%), from €1,480 to €815
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 | €149,556 | €154,764 | +€5,208 | +3.5% |
| Fixed assets | 21/28 | €110,590 | €102,492 | -€8,099 | -7.3% |
| Tangible fixed assets | 22/27 | €110,590 | €102,492 | -€8,099 | -7.3% |
| Land and buildings | 22 | €109,975 | €102,491 | -€7,485 | -6.8% |
| Plant, machinery and equipment | 23 | €615 | €1 | -€614 | -99.8% |
| Current assets | 29/58 | €38,965 | €52,273 | +€13,307 | +34.2% |
| Amounts receivable within one year | 40/41 | €2,670 | €3,032 | +€361 | +13.5% |
| Trade receivables | 40 | €2,670 | €3,032 | +€361 | +13.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,639 | €48,585 | +€12,946 | +36.3% |
| Deferred charges and accrued income | 490/1 | €656 | €656 | = | 0.0% |
| Total equity and liabilities | 10/49 | €149,556 | €154,764 | +€5,208 | +3.5% |
| Equity | 10/15 | €96,273 | €99,622 | +€3,349 | +3.5% |
| Contributions | 10/11 | €23,540 | €23,540 | = | 0.0% |
| Reserves | 13 | €72,660 | €75,960 | +€3,300 | +4.5% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €68,660 | €71,960 | +€3,300 | +4.8% |
| Profit (loss) carried forward | 14 | €73 | €122 | +€49 | +67.0% |
| Amounts payable | 17/49 | €53,283 | €55,142 | +€1,859 | +3.5% |
| Amounts payable after more than one year | 17 | €11,692 | €0 | -€11,692 | -100.0% |
| Financial debts | 170/4 | €11,692 | €0 | -€11,692 | -100.0% |
| Amounts payable within one year | 42/48 | €41,591 | €55,142 | +€13,552 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €34,665 | €11,692 | -€22,972 | -66.3% |
| Trade debts | 44 | €0 | €1,861 | +€1,861 | |
| Suppliers | 440/4 | €0 | €1,861 | +€1,861 | |
| Taxes, remuneration and social security | 45 | €4,088 | €12,002 | +€7,913 | +193.6% |
| Taxes | 450/3 | €4,088 | €12,002 | +€7,913 | +193.6% |
| Other amounts payable | 47/48 | €2,838 | €29,588 | +€26,750 | +942.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,955 | €8,099 | -€13,856 | -63.1% |
| Other operating charges | 640/8 | €5,821 | €6,004 | +€182 | +3.1% |
| Gross operating margin | 9900 | €63,481 | €65,429 | +€1,948 | +3.1% |
| Operating profit (loss) | 9901 | €35,705 | €51,327 | +€15,622 | +43.8% |
| Financial charges | 65/66B | €1,480 | €815 | -€665 | -44.9% |
| Recurring financial charges | 65 | €1,480 | €815 | -€665 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €34,225 | €50,512 | +€16,287 | +47.6% |
| Income taxes | 67/77 | €10,926 | €15,663 | +€4,736 | +43.3% |
| Profit (loss) for the period | 9904 | €23,299 | €34,849 | +€11,550 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,299 | €34,849 | +€11,550 | +49.6% |
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 9 October 2026 via checked.be.