IMMO BOLLE: 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 BOLLE
Largest movements
- Tangible fixed assets -€21,725
down €21,725 (-3.8%), from €568,194 to €546,469
of which Land and buildings: -€15,168
- Intangible fixed assets -€16,450
down €16,450 (-18.1%), from €90,978 to €74,528
- Receivables within one year +€8,242
up €8,242 (+24.2%), from €34,084 to €42,327
of which Trade receivables: +€11,006
- Debts after one year -€27,523
down €27,523 (-6.3%), from €439,877 to €412,354
of which Financial debts: -€27,523
- Current portion of long-term debt +€18,481
up €18,481 (+69.5%), from €26,595 to €45,077
- Profit (loss) carried forward -€17,384
down €17,384 (-10.8%), from €161,429 to €144,045
- Taxes -€32,920
down €32,920 (-99.5%), from €33,070 to €150
- Financial charges +€5,558
up €5,558 (+39.6%), from €14,039 to €19,597
of which Financial charges: +€5,071
- Gross operating margin -€2,888
down €2,888 (-2.4%), from €122,777 to €119,889
- Other operating charges -€2,589
down €2,589 (-59.7%), from €4,335 to €1,746
- Depreciation -€2,530
down €2,530 (-5.8%), from €43,924 to €41,394
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €693,856 | €663,787 | -€30,069 | -4.3% |
| Fixed assets | 21/28 | €659,635 | €621,460 | -€38,175 | -5.8% |
| Intangible fixed assets | 21 | €90,978 | €74,528 | -€16,450 | -18.1% |
| Tangible fixed assets | 22/27 | €568,194 | €546,469 | -€21,725 | -3.8% |
| Land and buildings | 22 | €537,401 | €522,233 | -€15,168 | -2.8% |
| Plant, machinery and equipment | 23 | €23,942 | €21,456 | -€2,486 | -10.4% |
| Furniture and vehicles | 24 | €6,851 | €2,781 | -€4,071 | -59.4% |
| Financial fixed assets | 28 | €463 | €463 | = | 0.0% |
| Current assets | 29/58 | €34,221 | €42,327 | +€8,106 | +23.7% |
| Amounts receivable within one year | 40/41 | €34,084 | €42,327 | +€8,242 | +24.2% |
| Trade receivables | 40 | €21,811 | €32,817 | +€11,006 | +50.5% |
| Other amounts receivable | 41 | €12,273 | €9,510 | -€2,763 | -22.5% |
| Deferred charges and accrued income | 490/1 | €137 | - | -€137 | |
| Total equity and liabilities | 10/49 | €693,856 | €663,787 | -€30,069 | -4.3% |
| Equity | 10/15 | €181,889 | €164,505 | -€17,384 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,429 | €144,045 | -€17,384 | -10.8% |
| Amounts payable | 17/49 | €511,967 | €499,282 | -€12,685 | -2.5% |
| Amounts payable after more than one year | 17 | €439,877 | €412,354 | -€27,523 | -6.3% |
| Financial debts | 170/4 | €439,710 | €412,187 | -€27,523 | -6.3% |
| Other amounts payable | 178/9 | €167 | €167 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,090 | €86,928 | +€14,838 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €26,595 | €45,077 | +€18,481 | +69.5% |
| Financial debts | 43 | €21,499 | €15,968 | -€5,532 | -25.7% |
| Credit institutions | 430/8 | €21,499 | €15,968 | -€5,532 | -25.7% |
| Trade debts | 44 | €12,963 | €10,680 | -€2,283 | -17.6% |
| Suppliers | 440/4 | €12,963 | €10,680 | -€2,283 | -17.6% |
| Taxes, remuneration and social security | 45 | €11,032 | €15,204 | +€4,171 | +37.8% |
| Taxes | 450/3 | €11,032 | €9,422 | -€1,610 | -14.6% |
| Remuneration and social security | 454/9 | - | €5,782 | +€5,782 | |
| Remuneration, social security and pensions | 62 | €76,181 | €74,782 | -€1,399 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,924 | €41,394 | -€2,530 | -5.8% |
| Other operating charges | 640/8 | €4,335 | €1,746 | -€2,589 | -59.7% |
| Gross operating margin | 9900 | €122,777 | €119,889 | -€2,888 | -2.4% |
| Operating profit (loss) | 9901 | -€1,663 | €1,967 | +€3,630 | |
| Financial income | 75/76B | €580 | €397 | -€183 | -31.6% |
| Recurring financial income | 75 | €580 | €397 | -€183 | -31.6% |
| Financial charges | 65/66B | €14,039 | €19,597 | +€5,558 | +39.6% |
| Recurring financial charges | 65 | €14,039 | €19,111 | +€5,071 | +36.1% |
| Non-recurring financial charges | 66B | - | €486 | +€486 | |
| Profit (loss) for the period before taxes | 9903 | -€15,123 | -€17,234 | -€2,111 | -14.0% |
| Income taxes | 67/77 | €33,070 | €150 | -€32,920 | -99.5% |
| Profit (loss) for the period | 9904 | -€48,193 | -€17,384 | +€30,809 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,193 | -€17,384 | +€30,809 | +63.9% |
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 8 October 2026 via checked.be.