Immo BPh: 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 BPh
Largest movements
- Receivables within one year +€26,890
up €26,890 (+107.0%), from €25,132 to €52,022
- Cash -€18,646
down €18,646 (-68.4%), from €27,278 to €8,632
mainly Receivables within one year (-€26,890) and Debts after one year (-€12,400)
- Tangible fixed assets -€10,461
down €10,461 (-8.0%), from €130,758 to €120,297
of which Land and buildings: -€10,461
- Other debts +€12,620
up €12,620 (+885.6%), from €1,425 to €14,045
- Debts after one year -€12,400
no longer reported in 2025 (was €12,400)
- Tax, wage and social debts -€2,602
no longer reported in 2025 (was €2,602)
- Gross operating margin -€14,234
down €14,234 (-45.1%), from €31,542 to €17,308
- Taxes -€1,662
no longer reported in 2025 (was €1,662)
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
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 | €183,168 | €180,951 | -€2,217 | -1.2% |
| Fixed assets | 21/28 | €130,758 | €120,297 | -€10,461 | -8.0% |
| Tangible fixed assets | 22/27 | €130,758 | €120,297 | -€10,461 | -8.0% |
| Land and buildings | 22 | €127,808 | €117,347 | -€10,461 | -8.2% |
| Plant, machinery and equipment | 23 | €2,950 | €2,950 | = | 0.0% |
| Current assets | 29/58 | €52,410 | €60,654 | +€8,244 | +15.7% |
| Amounts receivable within one year | 40/41 | €25,132 | €52,022 | +€26,890 | +107.0% |
| Other amounts receivable | 41 | €25,132 | €52,022 | +€26,890 | +107.0% |
| Cash at bank and in hand | 54/58 | €27,278 | €8,632 | -€18,646 | -68.4% |
| Total equity and liabilities | 10/49 | €183,168 | €180,951 | -€2,217 | -1.2% |
| Equity | 10/15 | €161,372 | €160,945 | -€427 | -0.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,912 | €140,485 | -€427 | -0.3% |
| Amounts payable | 17/49 | €21,796 | €20,006 | -€1,790 | -8.2% |
| Amounts payable after more than one year | 17 | €12,400 | - | -€12,400 | |
| Financial debts | 170/4 | €12,400 | - | -€12,400 | |
| Amounts payable within one year | 42/48 | €9,396 | €20,006 | +€10,610 | +112.9% |
| Trade debts | 44 | €5,369 | €5,961 | +€592 | +11.0% |
| Suppliers | 440/4 | €5,369 | €5,961 | +€592 | +11.0% |
| Taxes, remuneration and social security | 45 | €2,602 | - | -€2,602 | |
| Taxes | 450/3 | €2,602 | - | -€2,602 | |
| Other amounts payable | 47/48 | €1,425 | €14,045 | +€12,620 | +885.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,461 | €10,461 | = | 0.0% |
| Other operating charges | 640/8 | €6,295 | €6,498 | +€203 | +3.2% |
| Gross operating margin | 9900 | €31,542 | €17,308 | -€14,234 | -45.1% |
| Operating profit (loss) | 9901 | €14,786 | €349 | -€14,437 | -97.6% |
| Financial charges | 65/66B | €1,017 | €776 | -€241 | -23.7% |
| Recurring financial charges | 65 | €1,017 | €776 | -€241 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €13,769 | -€427 | -€14,196 | |
| Income taxes | 67/77 | €1,662 | - | -€1,662 | |
| Profit (loss) for the period | 9904 | €12,107 | -€427 | -€12,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,107 | -€427 | -€12,533 |
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 10 October 2026 via checked.be.