IMMO BOCCHIO: 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 BOCCHIO
Largest movements
- Receivables within one year +€76,823
up €76,823 (+761.3%), from €10,091 to €86,914
of which Other amounts receivable: +€76,823
- Tangible fixed assets -€22,471
down €22,471 (-9.2%), from €244,026 to €221,555
of which Other tangible fixed assets: -€27,595
- Cash -€8,048
down €8,048 (-12.5%), from €64,428 to €56,380
mainly Receivables within one year (-€76,823) and Investment in fixed assets (net) (-€27,428)
- Tax, wage and social debts +€19,159
up €19,159 (+27.6%), from €69,527 to €88,686
of which Remuneration and social security: +€10,727
- Profit (loss) carried forward +€12,485
up €12,485 (+12.4%), from €100,784 to €113,269
- Trade debts +€12,145
up €12,145 (+27.8%), from €43,616 to €55,761
- Staff costs +€39,756
up €39,756 (+29.3%), from €135,736 to €175,492
- Taxes -€18,723
down €18,723 (-70.7%), from €26,493 to €7,770
- Gross operating margin +€5,387
up €5,387 (+2.1%), from €254,574 to €259,961
- Depreciation +€5,142
up €5,142 (+11.1%), from €46,260 to €51,402
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 | €576,122 | €616,045 | +€39,923 | +6.9% |
| Fixed assets | 21/28 | €250,323 | €226,348 | -€23,975 | -9.6% |
| Tangible fixed assets | 22/27 | €244,026 | €221,555 | -€22,471 | -9.2% |
| Plant, machinery and equipment | 23 | €27,030 | €39,076 | +€12,046 | +44.6% |
| Furniture and vehicles | 24 | €46,980 | €40,058 | -€6,922 | -14.7% |
| Other tangible fixed assets | 26 | €170,016 | €142,421 | -€27,595 | -16.2% |
| Financial fixed assets | 28 | €6,297 | €4,793 | -€1,504 | -23.9% |
| Current assets | 29/58 | €325,799 | €389,697 | +€63,898 | +19.6% |
| Amounts receivable after more than one year | 29 | €219,171 | €219,171 | -€0 | 0.0% |
| Other amounts receivable | 291 | €219,171 | €219,171 | -€0 | 0.0% |
| Stocks and contracts in progress | 3 | €23,570 | €23,875 | +€305 | +1.3% |
| Stocks | 30/36 | €23,570 | €23,875 | +€305 | +1.3% |
| Amounts receivable within one year | 40/41 | €10,091 | €86,914 | +€76,823 | +761.3% |
| Trade receivables | 40 | €3,503 | €3,503 | +€0 | 0.0% |
| Other amounts receivable | 41 | €6,588 | €83,411 | +€76,823 | +1166.1% |
| Cash at bank and in hand | 54/58 | €64,428 | €56,380 | -€8,048 | -12.5% |
| Deferred charges and accrued income | 490/1 | €8,539 | €3,357 | -€5,182 | -60.7% |
| Total equity and liabilities | 10/49 | €576,122 | €616,045 | +€39,923 | +6.9% |
| Equity | 10/15 | €377,991 | €391,134 | +€13,143 | +3.5% |
| Contributions | 10/11 | €63,500 | €63,500 | = | 0.0% |
| Capital | 10 | €63,500 | €63,500 | = | 0.0% |
| Issued capital | 100 | €63,500 | €63,500 | = | 0.0% |
| Reserves | 13 | €213,707 | €214,364 | +€657 | +0.3% |
| Non-distributable reserves | 130/1 | €63,165 | €4,222 | -€58,943 | -93.3% |
| Legal reserve | 130 | €3,565 | €4,222 | +€657 | +18.4% |
| Other | 1319 | €59,600 | - | -€59,600 | |
| Tax-exempt reserves | 132 | €150,542 | €150,542 | -€0 | 0.0% |
| Distributable reserves | 133 | - | €59,600 | +€59,600 | |
| Profit (loss) carried forward | 14 | €100,784 | €113,269 | +€12,485 | +12.4% |
| Provisions and deferred taxes | 16 | €53,385 | €53,385 | -€0 | 0.0% |
| Deferred taxes | 168 | €53,385 | €53,385 | -€0 | 0.0% |
| Amounts payable | 17/49 | €144,746 | €171,527 | +€26,781 | +18.5% |
| Amounts payable after more than one year | 17 | €18,000 | €18,000 | = | 0.0% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €126,746 | €153,527 | +€26,781 | +21.1% |
| Trade debts | 44 | €43,616 | €55,761 | +€12,145 | +27.8% |
| Suppliers | 440/4 | €43,616 | €55,761 | +€12,145 | +27.8% |
| Taxes, remuneration and social security | 45 | €69,527 | €88,686 | +€19,159 | +27.6% |
| Taxes | 450/3 | €54,087 | €62,518 | +€8,431 | +15.6% |
| Remuneration and social security | 454/9 | €15,440 | €26,167 | +€10,727 | +69.5% |
| Other amounts payable | 47/48 | €13,603 | €9,080 | -€4,523 | -33.2% |
| Remuneration, social security and pensions | 62 | €135,736 | €175,492 | +€39,756 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,260 | €51,402 | +€5,142 | +11.1% |
| Other operating charges | 640/8 | €4,973 | €5,191 | +€218 | +4.4% |
| Gross operating margin | 9900 | €254,574 | €259,961 | +€5,387 | +2.1% |
| Operating profit (loss) | 9901 | €67,605 | €27,876 | -€39,729 | -58.8% |
| Financial charges | 65/66B | €5,444 | €6,963 | +€1,519 | +27.9% |
| Recurring financial charges | 65 | €5,444 | €6,963 | +€1,519 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €62,161 | €20,913 | -€41,248 | -66.4% |
| Transfer from deferred taxes | 780 | €4,806 | - | -€4,806 | |
| Income taxes | 67/77 | €26,493 | €7,770 | -€18,723 | -70.7% |
| Profit (loss) for the period | 9904 | €40,474 | €13,143 | -€27,331 | -67.5% |
| Transfer from tax-exempt reserves | 789 | €19,224 | - | -€19,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,698 | €13,143 | -€46,555 | -78.0% |
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 5 October 2026 via checked.be.