IMMO BOUNIA: 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 BOUNIA
Largest movements
- Tangible fixed assets -€798,905
down €798,905 (-36.7%), from €2.2m to €1.4m
- Cash +€165,061
up €165,061 (+161%), from €102,295 to €267,356
mainly Investment in fixed assets (net) (+€674,383) and Depreciation (+€124,522)
- Debts after one year -€554,365
down €554,365 (-52.1%), from €1.1m to €510,173
of which Financial debts: -€554,365
- Current portion of long-term debt -€65,036
down €65,036 (-37.3%), from €174,228 to €109,193
- Profit (loss) carried forward +€30,539
up €30,539 (+294%), from €10,379 to €40,918
- Other debts -€26,600
down €26,600 (-5.1%), from €519,504 to €492,903
- Taxes +€18,266
up €18,266 (+80.2%), from €22,783 to €41,049
- Gross operating margin -€11,835
down €11,835 (-4.0%), from €294,126 to €282,292
- Financial charges -€3,896
down €3,896 (-18.4%), from €21,136 to €17,239
- Depreciation +€3,687
up €3,687 (+3.1%), from €120,835 to €124,522
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 | €2,287,566 | €1,651,881 | -€635,684 | -27.8% |
| Fixed assets | 21/28 | €2,178,071 | €1,379,166 | -€798,905 | -36.7% |
| Tangible fixed assets | 22/27 | €2,178,071 | €1,379,166 | -€798,905 | -36.7% |
| Land and buildings | 22 | €2,178,071 | €1,379,166 | -€798,905 | -36.7% |
| Current assets | 29/58 | €109,495 | €272,715 | +€163,221 | +149% |
| Cash at bank and in hand | 54/58 | €102,295 | €267,356 | +€165,061 | +161% |
| Deferred charges and accrued income | 490/1 | €7,200 | €5,360 | -€1,840 | -25.6% |
| Total equity and liabilities | 10/49 | €2,287,566 | €1,651,881 | -€635,684 | -27.8% |
| Equity | 10/15 | €491,536 | €522,075 | +€30,539 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €346,710 | €327,712 | -€18,998 | -5.5% |
| Reserves | 13 | €115,847 | €134,845 | +€18,998 | +16.4% |
| Distributable reserves | 133 | €115,847 | €134,845 | +€18,998 | +16.4% |
| Profit (loss) carried forward | 14 | €10,379 | €40,918 | +€30,539 | +294% |
| Amounts payable | 17/49 | €1,796,030 | €1,129,807 | -€666,223 | -37.1% |
| Amounts payable after more than one year | 17 | €1,064,538 | €510,173 | -€554,365 | -52.1% |
| Financial debts | 170/4 | €984,538 | €430,173 | -€554,365 | -56.3% |
| Other amounts payable | 178/9 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €731,492 | €619,465 | -€112,027 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €174,228 | €109,193 | -€65,036 | -37.3% |
| Trade debts | 44 | €34,977 | €12,930 | -€22,047 | -63.0% |
| Suppliers | 440/4 | €34,977 | €12,930 | -€22,047 | -63.0% |
| Taxes, remuneration and social security | 45 | €2,783 | €4,440 | +€1,657 | +59.5% |
| Taxes | 450/3 | €2,783 | €4,440 | +€1,657 | +59.5% |
| Other amounts payable | 47/48 | €519,504 | €492,903 | -€26,600 | -5.1% |
| Accrued charges and deferred income | 492/3 | - | €168 | +€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,835 | €124,522 | +€3,687 | +3.1% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €470 | +€470 | |
| Gross operating margin | 9900 | €294,126 | €282,292 | -€11,835 | -4.0% |
| Operating profit (loss) | 9901 | €172,324 | €156,301 | -€16,023 | -9.3% |
| Financial income | 75/76B | - | €2,526 | +€2,526 | |
| Recurring financial income | 75 | - | €2,526 | +€2,526 | |
| Financial charges | 65/66B | €21,136 | €17,239 | -€3,896 | -18.4% |
| Recurring financial charges | 65 | €21,136 | €17,239 | -€3,896 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €151,188 | €141,588 | -€9,601 | -6.4% |
| Income taxes | 67/77 | €22,783 | €41,049 | +€18,266 | +80.2% |
| Profit (loss) for the period | 9904 | €128,405 | €100,539 | -€27,866 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €128,405 | €100,539 | -€27,866 | -21.7% |
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 16 October 2026 via checked.be.