IMMO BOBEL: 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 BOBEL
Largest movements
- Tangible fixed assets -€171,592
down €171,592 (-11.6%), from €1.5m to €1.3m
- Cash -€42,196
down €42,196 (-13.2%), from €319,910 to €277,714
mainly Debts after one year (-€186,667) and Contributions, distributions and other (-€100,000)
- Debts after one year -€186,667
down €186,667 (-15.6%), from €1.2m to €1.0m
of which Financial debts: -€186,667
- Other debts -€75,000
down €75,000 (-42.9%), from €175,000 to €100,000
- Profit (loss) carried forward +€43,898
up €43,898 (+8,970%), from €489 to €44,387
- Depreciation -€43,403
down €43,403 (-20.2%), from €214,995 to €171,592
- Taxes +€15,822
up €15,822 (+46.4%), from €34,133 to €49,955
- Gross operating margin +€12,110
up €12,110 (+3.3%), from €367,572 to €379,682
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 | €1,797,045 | €1,583,223 | -€213,822 | -11.9% |
| Fixed assets | 21/28 | €1,477,102 | €1,305,509 | -€171,592 | -11.6% |
| Tangible fixed assets | 22/27 | €1,477,102 | €1,305,509 | -€171,592 | -11.6% |
| Land and buildings | 22 | €1,477,102 | €1,305,509 | -€171,592 | -11.6% |
| Current assets | 29/58 | €319,944 | €277,714 | -€42,230 | -13.2% |
| Amounts receivable within one year | 40/41 | €34 | - | -€34 | |
| Other amounts receivable | 41 | €34 | - | -€34 | |
| Cash at bank and in hand | 54/58 | €319,910 | €277,714 | -€42,196 | -13.2% |
| Total equity and liabilities | 10/49 | €1,797,045 | €1,583,223 | -€213,822 | -11.9% |
| Equity | 10/15 | €220,489 | €264,387 | +€43,898 | +19.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Contributions outside capital | 11 | €200,000 | - | -€200,000 | |
| Other | 1109/19 | €200,000 | - | -€200,000 | |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €489 | €44,387 | +€43,898 | +8,970% |
| Amounts payable | 17/49 | €1,576,556 | €1,318,836 | -€257,720 | -16.3% |
| Amounts payable after more than one year | 17 | €1,193,500 | €1,006,833 | -€186,667 | -15.6% |
| Financial debts | 170/4 | €1,120,000 | €933,333 | -€186,667 | -16.7% |
| Other amounts payable | 178/9 | €73,500 | €73,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €383,056 | €312,003 | -€71,053 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €186,667 | €186,667 | = | 0.0% |
| Trade debts | 44 | €6,256 | €6,111 | -€145 | -2.3% |
| Suppliers | 440/4 | €6,256 | €6,111 | -€145 | -2.3% |
| Taxes, remuneration and social security | 45 | €15,133 | €19,225 | +€4,092 | +27.0% |
| Taxes | 450/3 | €15,133 | €19,225 | +€4,092 | +27.0% |
| Other amounts payable | 47/48 | €175,000 | €100,000 | -€75,000 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,995 | €171,592 | -€43,403 | -20.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €367,572 | €379,682 | +€12,110 | +3.3% |
| Operating profit (loss) | 9901 | €152,459 | €207,970 | +€55,511 | +36.4% |
| Financial charges | 65/66B | €16,154 | €14,117 | -€2,037 | -12.6% |
| Recurring financial charges | 65 | €16,154 | €14,117 | -€2,037 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €136,305 | €193,853 | +€57,548 | +42.2% |
| Income taxes | 67/77 | €34,133 | €49,955 | +€15,822 | +46.4% |
| Profit (loss) for the period | 9904 | €102,172 | €143,898 | +€41,726 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,172 | €143,898 | +€41,726 | +40.8% |
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.