IMMO BOEXSTAENS: 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 BOEXSTAENS
Largest movements
- Tangible fixed assets +€943,702
up €943,702 (+140%), from €674,453 to €1.6m
- Contributions +€965,000
up €965,000 (+5,188%), from €18,600 to €983,600
- Debts after one year -€43,959
down €43,959 (-10.4%), from €421,377 to €377,418
- Reserves +€19,049
up €19,049 (+34.7%), from €54,879 to €73,928
- Financial charges -€10,663
down €10,663 (-44.5%), from €23,959 to €13,296
- Depreciation +€4,874
up €4,874 (+29.7%), from €16,425 to €21,298
- Taxes +€1,751
up €1,751 (+22.5%), from €7,781 to €9,533
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 | €680,425 | €1,626,080 | +€945,655 | +139% |
| Fixed assets | 21/28 | €674,453 | €1,618,155 | +€943,702 | +140% |
| Tangible fixed assets | 22/27 | €674,453 | €1,618,155 | +€943,702 | +140% |
| Land and buildings | 22 | €674,453 | €1,618,155 | +€943,702 | +140% |
| Current assets | 29/58 | €5,972 | €7,925 | +€1,953 | +32.7% |
| Cash at bank and in hand | 54/58 | - | €3,301 | +€3,301 | |
| Deferred charges and accrued income | 490/1 | €5,972 | €4,624 | -€1,348 | -22.6% |
| Total equity and liabilities | 10/49 | €680,425 | €1,626,080 | +€945,655 | +139% |
| Equity | 10/15 | €73,479 | €1,057,528 | +€984,049 | +1,339% |
| Contributions | 10/11 | €18,600 | €983,600 | +€965,000 | +5,188% |
| Reserves | 13 | €54,879 | €73,928 | +€19,049 | +34.7% |
| Distributable reserves | 133 | €54,879 | €73,928 | +€19,049 | +34.7% |
| Amounts payable | 17/49 | €606,946 | €568,553 | -€38,394 | -6.3% |
| Amounts payable after more than one year | 17 | €421,377 | €377,418 | -€43,959 | -10.4% |
| Financial debts | 170/4 | €421,377 | €377,418 | -€43,959 | -10.4% |
| Amounts payable within one year | 42/48 | €176,188 | €190,634 | +€14,446 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €43,792 | €43,959 | +€166 | +0.4% |
| Trade debts | 44 | €387 | €138 | -€250 | -64.5% |
| Suppliers | 440/4 | €387 | €138 | -€250 | -64.5% |
| Taxes, remuneration and social security | 45 | €7,781 | €17,314 | +€9,533 | +123% |
| Taxes | 450/3 | €7,781 | €17,314 | +€9,533 | +123% |
| Other amounts payable | 47/48 | €124,227 | €129,224 | +€4,997 | +4.0% |
| Accrued charges and deferred income | 492/3 | €9,382 | €500 | -€8,882 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,425 | €21,298 | +€4,874 | +29.7% |
| Other operating charges | 640/8 | €3,501 | €3,609 | +€108 | +3.1% |
| Gross operating margin | 9900 | €66,863 | €66,785 | -€78 | -0.1% |
| Operating profit (loss) | 9901 | €46,937 | €41,878 | -€5,060 | -10.8% |
| Financial charges | 65/66B | €23,959 | €13,296 | -€10,663 | -44.5% |
| Recurring financial charges | 65 | €23,959 | €13,296 | -€10,663 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €22,978 | €28,581 | +€5,603 | +24.4% |
| Income taxes | 67/77 | €7,781 | €9,533 | +€1,751 | +22.5% |
| Profit (loss) for the period | 9904 | €15,197 | €19,049 | +€3,852 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,197 | €19,049 | +€3,852 | +25.3% |
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 14 October 2026 via checked.be.