IMMO BOSWA: 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 BOSWA
Largest movements
- Cash +€37,483
up €37,483 (+881%), from €4,253 to €41,736
mainly Debts after one year (+€35,989) and Net result for the year (+€20,150)
- Tangible fixed assets +€20,210
up €20,210 (+10.5%), from €192,975 to €213,184
of which Furniture and vehicles: +€24,083
- Receivables within one year +€16,783
up €16,783 (+3,089%), from €543 to €17,326
of which Trade receivables: +€11,743
- Intangible fixed assets +€8,038
new in 2025: €8,038
- Deferred charges and accrued income -€2,876
no longer reported in 2025 (was €2,876)
- Debts after one year +€35,989
up €35,989 (+33.2%), from €108,555 to €144,545
of which Other amounts payable: +€35,989
- Reserves +€20,150
up €20,150 (+52.0%), from €38,744 to €58,894
of which Distributable reserves: +€20,150
- Other debts +€19,796
up €19,796 (+2,253%), from €879 to €20,675
- Accrued charges and deferred income +€3,840
new in 2025: €3,840
- Depreciation -€8,674
down €8,674 (-36.4%), from €23,829 to €15,155
- Taxes +€5,294
up €5,294 (+52.2%), from €10,140 to €15,435
- Gross operating margin +€3,108
up €3,108 (+4.8%), from €64,077 to €67,185
- Staff costs -€1,974
down €1,974 (-98.4%), from €2,006 to €32
- Financial charges +€974
up €974 (+52.7%), from €1,850 to €2,824
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 | €200,647 | €280,285 | +€79,637 | +39.7% |
| Fixed assets | 21/28 | €192,975 | €221,223 | +€28,248 | +14.6% |
| Intangible fixed assets | 21 | - | €8,038 | +€8,038 | |
| Tangible fixed assets | 22/27 | €192,975 | €213,184 | +€20,210 | +10.5% |
| Land and buildings | 22 | €185,059 | €181,185 | -€3,873 | -2.1% |
| Furniture and vehicles | 24 | €7,916 | €31,999 | +€24,083 | +304% |
| Current assets | 29/58 | €7,673 | €59,062 | +€51,389 | +670% |
| Amounts receivable within one year | 40/41 | €543 | €17,326 | +€16,783 | +3,089% |
| Trade receivables | 40 | €543 | €12,286 | +€11,743 | +2,162% |
| Other amounts receivable | 41 | - | €5,040 | +€5,040 | |
| Cash at bank and in hand | 54/58 | €4,253 | €41,736 | +€37,483 | +881% |
| Deferred charges and accrued income | 490/1 | €2,876 | - | -€2,876 | |
| Total equity and liabilities | 10/49 | €200,647 | €280,285 | +€79,637 | +39.7% |
| Equity | 10/15 | €63,698 | €83,849 | +€20,150 | +31.6% |
| Contributions | 10/11 | €24,955 | €24,955 | = | 0.0% |
| Reserves | 13 | €38,744 | €58,894 | +€20,150 | +52.0% |
| Non-distributable reserves | 130/1 | €2,495 | €2,495 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,495 | €2,495 | = | 0.0% |
| Tax-exempt reserves | 132 | €496 | €496 | = | 0.0% |
| Distributable reserves | 133 | €35,753 | €55,903 | +€20,150 | +56.4% |
| Amounts payable | 17/49 | €136,949 | €196,436 | +€59,487 | +43.4% |
| Amounts payable after more than one year | 17 | €108,555 | €144,545 | +€35,989 | +33.2% |
| Financial debts | 170/4 | €104,855 | €104,855 | = | 0.0% |
| Other amounts payable | 178/9 | €3,700 | €39,689 | +€35,989 | +973% |
| Amounts payable within one year | 42/48 | €28,394 | €48,051 | +€19,658 | +69.2% |
| Financial debts | 43 | €6,633 | €9,000 | +€2,367 | +35.7% |
| Credit institutions | 430/8 | €6,633 | €9,000 | +€2,367 | +35.7% |
| Trade debts | 44 | €12,913 | €11,942 | -€972 | -7.5% |
| Suppliers | 440/4 | €12,913 | €11,942 | -€972 | -7.5% |
| Advances received on contracts in progress | 46 | €1,499 | - | -€1,499 | |
| Taxes, remuneration and social security | 45 | €6,470 | €6,435 | -€35 | -0.5% |
| Taxes | 450/3 | €6,470 | €6,435 | -€35 | -0.5% |
| Other amounts payable | 47/48 | €879 | €20,675 | +€19,796 | +2,253% |
| Accrued charges and deferred income | 492/3 | - | €3,840 | +€3,840 | |
| Remuneration, social security and pensions | 62 | €2,006 | €32 | -€1,974 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,829 | €15,155 | -€8,674 | -36.4% |
| Other operating charges | 640/8 | €12,626 | €13,268 | +€642 | +5.1% |
| Non-recurring operating charges | 66A | - | €395 | +€395 | |
| Gross operating margin | 9900 | €64,077 | €67,185 | +€3,108 | +4.8% |
| Operating profit (loss) | 9901 | €25,616 | €38,334 | +€12,718 | +49.7% |
| Financial income | 75/76B | €1 | €75 | +€74 | +5,304% |
| Recurring financial income | 75 | €1 | €75 | +€74 | +5,304% |
| Financial charges | 65/66B | €1,850 | €2,824 | +€974 | +52.7% |
| Recurring financial charges | 65 | €1,850 | €2,824 | +€974 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €23,767 | €35,585 | +€11,818 | +49.7% |
| Income taxes | 67/77 | €10,140 | €15,435 | +€5,294 | +52.2% |
| Profit (loss) for the period | 9904 | €13,627 | €20,150 | +€6,524 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,627 | €20,150 | +€6,524 | +47.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.