IMMO BEUKEN: 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 BEUKEN
Largest movements
- Cash -€4,765
down €4,765 (-6.7%), from €71,631 to €66,867
mainly Contributions, distributions and other (-€26,826) and Investment in fixed assets (net) (-€15,601)
- Reserves -€8,827
down €8,827 (-5.2%), from €170,527 to €161,700
of which Distributable reserves: -€8,827
- Other debts +€5,264
up €5,264 (+14.2%), from €36,991 to €42,255
- Gross operating margin -€10,310
down €10,310 (-17.9%), from €57,639 to €47,329
- Taxes -€4,283
down €4,283 (-33.8%), from €12,683 to €8,399
- Depreciation +€1,172
up €1,172 (+8.1%), from €14,418 to €15,590
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 | €210,565 | €206,978 | -€3,587 | -1.7% |
| Fixed assets | 21/28 | €131,107 | €131,118 | +€11 | 0.0% |
| Tangible fixed assets | 22/27 | €131,107 | €131,118 | +€11 | 0.0% |
| Land and buildings | 22 | €130,145 | €131,044 | +€899 | +0.7% |
| Furniture and vehicles | 24 | €962 | €74 | -€888 | -92.3% |
| Current assets | 29/58 | €79,458 | €75,861 | -€3,598 | -4.5% |
| Amounts receivable within one year | 40/41 | €7,827 | €8,994 | +€1,167 | +14.9% |
| Other amounts receivable | 41 | €7,827 | €8,994 | +€1,167 | +14.9% |
| Cash at bank and in hand | 54/58 | €71,631 | €66,867 | -€4,765 | -6.7% |
| Total equity and liabilities | 10/49 | €210,565 | €206,978 | -€3,587 | -1.7% |
| Equity | 10/15 | €170,527 | €161,700 | -€8,827 | -5.2% |
| Reserves | 13 | €170,527 | €161,700 | -€8,827 | -5.2% |
| Tax-exempt reserves | 132 | €4,193 | €4,193 | = | 0.0% |
| Distributable reserves | 133 | €166,333 | €157,506 | -€8,827 | -5.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,038 | €45,279 | +€5,240 | +13.1% |
| Amounts payable within one year | 42/48 | €40,038 | €45,279 | +€5,240 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €3,047 | €3,023 | -€24 | -0.8% |
| Other amounts payable | 47/48 | €36,991 | €42,255 | +€5,264 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,418 | €15,590 | +€1,172 | +8.1% |
| Other operating charges | 640/8 | €4,549 | €4,992 | +€443 | +9.7% |
| Gross operating margin | 9900 | €57,639 | €47,329 | -€10,310 | -17.9% |
| Operating profit (loss) | 9901 | €38,672 | €26,747 | -€11,925 | -30.8% |
| Financial income | 75/76B | - | €128 | +€128 | |
| Recurring financial income | 75 | - | €128 | +€128 | |
| Financial charges | 65/66B | €413 | €476 | +€63 | +15.2% |
| Recurring financial charges | 65 | €413 | €476 | +€63 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €38,258 | €26,398 | -€11,860 | -31.0% |
| Income taxes | 67/77 | €12,683 | €8,399 | -€4,283 | -33.8% |
| Profit (loss) for the period | 9904 | €25,575 | €17,999 | -€7,576 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,575 | €17,999 | -€7,576 | -29.6% |
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 22 October 2026 via checked.be.