IMMO BOSTAN: 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 BOSTAN
Largest movements
- Tangible fixed assets +€376,667
up €376,667 (+44.6%), from €844,717 to €1.2m
of which Land and buildings: +€384,410
- Other debts +€400,000
up €400,000 (+305%), from €130,943 to €530,943
- Debts after one year -€67,946
down €67,946 (-17.1%), from €397,444 to €329,498
- Profit (loss) carried forward +€32,489
up €32,489 (+11.0%), from €294,514 to €327,003
- Short-term financial debts +€15,600
new in 2025: €15,600
- Taxes -€14,560
down €14,560 (-53.5%), from €27,221 to €12,661
- Gross operating margin -€9,212
down €9,212 (-7.6%), from €121,469 to €112,257
- Purchases and services +€9,212
up €9,212 (+53.0%), from €17,374 to €26,586
- Financial charges -€2,963
down €2,963 (-23.2%), from €12,769 to €9,806
- Depreciation -€2,473
down €2,473 (-5.3%), from €46,781 to €44,308
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 | €915,694 | €1,290,389 | +€374,695 | +40.9% |
| Fixed assets | 21/28 | €844,717 | €1,221,384 | +€376,667 | +44.6% |
| Tangible fixed assets | 22/27 | €844,717 | €1,221,384 | +€376,667 | +44.6% |
| Land and buildings | 22 | €836,974 | €1,221,384 | +€384,410 | +45.9% |
| Plant, machinery and equipment | 23 | €560 | - | -€560 | |
| Furniture and vehicles | 24 | €7,183 | - | -€7,183 | |
| Current assets | 29/58 | €70,977 | €69,005 | -€1,972 | -2.8% |
| Amounts receivable within one year | 40/41 | €54,053 | €45,843 | -€8,210 | -15.2% |
| Trade receivables | 40 | €22,379 | €12,379 | -€10,000 | -44.7% |
| Other amounts receivable | 41 | €31,673 | €33,464 | +€1,790 | +5.7% |
| Cash at bank and in hand | 54/58 | €16,924 | €23,162 | +€6,237 | +36.9% |
| Total equity and liabilities | 10/49 | €915,694 | €1,290,389 | +€374,695 | +40.9% |
| Equity | 10/15 | €368,664 | €401,153 | +€32,489 | +8.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €116,500 | €116,500 | = | 0.0% |
| Uncalled capital | 101 | €54,000 | €54,000 | = | 0.0% |
| Reserves | 13 | €11,650 | €11,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,650 | €11,650 | = | 0.0% |
| Legal reserve | 130 | €11,650 | €11,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €294,514 | €327,003 | +€32,489 | +11.0% |
| Amounts payable | 17/49 | €547,029 | €889,235 | +€342,206 | +62.6% |
| Amounts payable after more than one year | 17 | €397,444 | €329,498 | -€67,946 | -17.1% |
| Financial debts | 170/4 | €397,444 | €329,498 | -€67,946 | -17.1% |
| Amounts payable within one year | 42/48 | €149,586 | €559,737 | +€410,152 | +274% |
| Financial debts | 43 | - | €15,600 | +€15,600 | |
| Credit institutions | 430/8 | - | €15,600 | +€15,600 | |
| Trade debts | 44 | €2,124 | €137 | -€1,987 | -93.6% |
| Suppliers | 440/4 | €2,124 | €137 | -€1,987 | -93.6% |
| Taxes, remuneration and social security | 45 | €16,519 | €13,057 | -€3,462 | -21.0% |
| Taxes | 450/3 | €16,519 | €13,057 | -€3,462 | -21.0% |
| Other amounts payable | 47/48 | €130,943 | €530,943 | +€400,000 | +305% |
| Turnover | 70 | €138,843 | €138,843 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,374 | €26,586 | +€9,212 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,781 | €44,308 | -€2,473 | -5.3% |
| Other operating charges | 640/8 | €15,456 | €13,712 | -€1,744 | -11.3% |
| Gross operating margin | 9900 | €121,469 | €112,257 | -€9,212 | -7.6% |
| Operating profit (loss) | 9901 | €59,233 | €54,237 | -€4,996 | -8.4% |
| Financial income | 75/76B | - | €719 | +€719 | |
| Recurring financial income | 75 | - | €719 | +€719 | |
| Financial charges | 65/66B | €12,769 | €9,806 | -€2,963 | -23.2% |
| Recurring financial charges | 65 | €12,769 | €9,806 | -€2,963 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €46,463 | €45,150 | -€1,313 | -2.8% |
| Income taxes | 67/77 | €27,221 | €12,661 | -€14,560 | -53.5% |
| Profit (loss) for the period | 9904 | €19,242 | €32,489 | +€13,247 | +68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,242 | €32,489 | +€13,247 | +68.8% |
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 14 October 2026 via checked.be.