IMMO BISSCHOPS: 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 BISSCHOPS
Largest movements
- Tangible fixed assets -€68,043
down €68,043 (-4.0%), from €1.7m to €1.7m
of which Land and buildings: -€68,043
- Receivables within one year +€60,586
up €60,586 (+19.1%), from €317,553 to €378,138
of which Trade receivables: +€61,205
- Reserves -€66,963
down €66,963 (-4.3%), from €1.5m to €1.5m
of which Tax-exempt reserves: -€66,963
- Trade debts +€65,547
up €65,547 (+20.5%), from €319,069 to €384,616
- Taxes -€6,114
down €6,114 (-64.8%), from €9,440 to €3,326
- Other operating charges -€5,204
down €5,204 (-30.1%), from €17,300 to €12,096
- Gross operating margin -€3,419
down €3,419 (-8.0%), from €42,768 to €39,349
- Financial income -€1,733
down €1,733 (-46.4%), from €3,734 to €2,001
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 | €2,421,782 | €2,432,817 | +€11,035 | +0.5% |
| Fixed assets | 21/28 | €1,718,460 | €1,650,417 | -€68,043 | -4.0% |
| Tangible fixed assets | 22/27 | €1,718,460 | €1,650,417 | -€68,043 | -4.0% |
| Land and buildings | 22 | €1,718,460 | €1,650,417 | -€68,043 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Current assets | 29/58 | €703,323 | €782,401 | +€79,078 | +11.2% |
| Amounts receivable within one year | 40/41 | €317,553 | €378,138 | +€60,586 | +19.1% |
| Trade receivables | 40 | €316,510 | €377,715 | +€61,205 | +19.3% |
| Other amounts receivable | 41 | €1,043 | €423 | -€620 | -59.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €381,242 | €399,750 | +€18,509 | +4.9% |
| Deferred charges and accrued income | 490/1 | €4,528 | €4,512 | -€16 | -0.4% |
| Total equity and liabilities | 10/49 | €2,421,782 | €2,432,817 | +€11,035 | +0.5% |
| Equity | 10/15 | €2,078,306 | €2,022,355 | -€55,951 | -2.7% |
| Contributions | 10/11 | €504,000 | €504,000 | = | 0.0% |
| Capital | 10 | €504,000 | €504,000 | = | 0.0% |
| Issued capital | 100 | €504,000 | €504,000 | = | 0.0% |
| Reserves | 13 | €1,543,326 | €1,476,364 | -€66,963 | -4.3% |
| Non-distributable reserves | 130/1 | €50,400 | €50,400 | = | 0.0% |
| Legal reserve | 130 | €50,400 | €50,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €987,815 | €920,853 | -€66,963 | -6.8% |
| Distributable reserves | 133 | €505,111 | €505,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,980 | €41,992 | +€11,012 | +35.5% |
| Amounts payable | 17/49 | €343,476 | €410,462 | +€66,986 | +19.5% |
| Amounts payable after more than one year | 17 | €496 | €496 | = | 0.0% |
| Other amounts payable | 178/9 | €496 | €496 | = | 0.0% |
| Amounts payable within one year | 42/48 | €337,633 | €405,906 | +€68,273 | +20.2% |
| Trade debts | 44 | €319,069 | €384,616 | +€65,547 | +20.5% |
| Suppliers | 440/4 | €319,069 | €384,616 | +€65,547 | +20.5% |
| Taxes, remuneration and social security | 45 | €0 | €2,726 | +€2,726 | |
| Taxes | 450/3 | €0 | €2,726 | +€2,726 | |
| Other amounts payable | 47/48 | €18,565 | €18,565 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,347 | €4,060 | -€1,287 | -24.1% |
| Non-recurring operating income | 76A | €4,191 | - | -€4,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,110 | €81,110 | = | 0.0% |
| Other operating charges | 640/8 | €17,300 | €12,096 | -€5,204 | -30.1% |
| Gross operating margin | 9900 | €42,768 | €39,349 | -€3,419 | -8.0% |
| Operating profit (loss) | 9901 | -€55,642 | -€53,857 | +€1,785 | +3.2% |
| Financial income | 75/76B | €3,734 | €2,001 | -€1,733 | -46.4% |
| Recurring financial income | 75 | €3,734 | €2,001 | -€1,733 | -46.4% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€52,043 | -€52,005 | +€37 | +0.1% |
| Transfer from deferred taxes | 780 | €62,277 | €64,620 | +€2,343 | +3.8% |
| Income taxes | 67/77 | €9,440 | €3,326 | -€6,114 | -64.8% |
| Profit (loss) for the period | 9904 | €794 | €9,288 | +€8,495 | +1070.3% |
| Profit (loss) for the period to be appropriated | 9905 | €794 | €9,288 | +€8,495 | +1070.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.