IMMO BOUWRAMA: 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 BOUWRAMA
Largest movements
- Tangible fixed assets -€352,958
down €352,958 (-67.2%), from €525,520 to €172,562
- Cash +€198,562
up €198,562 (+101%), from €196,808 to €395,369
mainly Investment in fixed assets (net) (+€336,787) and Net result for the year (+€63,629)
- Receivables within one year +€163,539
up €163,539 (+1,050%), from €15,574 to €179,114
- Deferred charges and accrued income +€15,835
new in 2025: €15,835
- Reserves +€63,629
up €63,629 (+14.2%), from €447,707 to €511,336
- Other debts -€37,866
no longer reported in 2025 (was €37,866)
- Depreciation -€17,964
down €17,964 (-52.6%), from €34,136 to €16,171
- Gross operating margin +€5,229
up €5,229 (+4.2%), from €124,169 to €129,398
- Taxes -€1,539
down €1,539 (-6.8%), from €22,542 to €21,003
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 | €806,194 | €830,870 | +€24,676 | +3.1% |
| Fixed assets | 21/28 | €525,520 | €172,562 | -€352,958 | -67.2% |
| Tangible fixed assets | 22/27 | €525,520 | €172,562 | -€352,958 | -67.2% |
| Land and buildings | 22 | €525,520 | €172,562 | -€352,958 | -67.2% |
| Current assets | 29/58 | €280,674 | €658,308 | +€377,634 | +135% |
| Amounts receivable within one year | 40/41 | €15,574 | €179,114 | +€163,539 | +1,050% |
| Other amounts receivable | 41 | €15,574 | €179,114 | +€163,539 | +1,050% |
| Current investments | 50/53 | €68,292 | €67,990 | -€302 | -0.4% |
| Cash at bank and in hand | 54/58 | €196,808 | €395,369 | +€198,562 | +101% |
| Deferred charges and accrued income | 490/1 | - | €15,835 | +€15,835 | |
| Total equity and liabilities | 10/49 | €806,194 | €830,870 | +€24,676 | +3.1% |
| Equity | 10/15 | €732,570 | €796,199 | +€63,629 | +8.7% |
| Contributions | 10/11 | €284,863 | €284,863 | = | 0.0% |
| Reserves | 13 | €447,707 | €511,336 | +€63,629 | +14.2% |
| Distributable reserves | 133 | €447,707 | €511,336 | +€63,629 | +14.2% |
| Amounts payable | 17/49 | €73,624 | €34,671 | -€38,953 | -52.9% |
| Amounts payable within one year | 42/48 | €59,572 | €20,219 | -€39,354 | -66.1% |
| Trade debts | 44 | €48 | €47 | -€0 | -0.6% |
| Suppliers | 440/4 | €48 | €47 | -€0 | -0.6% |
| Taxes, remuneration and social security | 45 | €21,659 | €20,171 | -€1,487 | -6.9% |
| Taxes | 450/3 | €21,659 | €20,171 | -€1,487 | -6.9% |
| Other amounts payable | 47/48 | €37,866 | - | -€37,866 | |
| Accrued charges and deferred income | 492/3 | €14,052 | €14,453 | +€401 | +2.9% |
| Non-recurring operating income | 76A | - | €8,581 | +€8,581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,136 | €16,171 | -€17,964 | -52.6% |
| Other operating charges | 640/8 | €29,593 | €30,150 | +€557 | +1.9% |
| Gross operating margin | 9900 | €124,169 | €129,398 | +€5,229 | +4.2% |
| Operating profit (loss) | 9901 | €60,441 | €83,077 | +€22,636 | +37.5% |
| Financial income | 75/76B | €2,488 | €3,463 | +€975 | +39.2% |
| Recurring financial income | 75 | €2,488 | €3,463 | +€975 | +39.2% |
| Financial charges | 65/66B | €1,683 | €1,908 | +€226 | +13.4% |
| Recurring financial charges | 65 | €1,683 | €1,908 | +€226 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €61,246 | €84,631 | +€23,385 | +38.2% |
| Income taxes | 67/77 | €22,542 | €21,003 | -€1,539 | -6.8% |
| Profit (loss) for the period | 9904 | €38,704 | €63,629 | +€24,925 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,704 | €63,629 | +€24,925 | +64.4% |
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 20 October 2026 via checked.be.