IMMO BRAIV: 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 BRAIV
Largest movements
- Current investments -€15,900
down €15,900 (-8.1%), from €195,900 to €180,000
- Tangible fixed assets -€4,581
down €4,581 (-7.1%), from €64,853 to €60,272
of which Land and buildings: -€2,965
- Profit (loss) carried forward -€18,109
down €18,109 (-39.5%), from €45,871 to €27,762
- Purchases and services -€38,892
down €38,892 (-100%), from €38,892 to €0
- Gross operating margin +€9,609
up €9,609 (+36.9%), from -€26,070 to -€16,461
- Other operating charges -€6,864
down €6,864 (-84.3%), from €8,141 to €1,277
- Financial income +€3,973
up €3,973 (+1,011%), from €393 to €4,366
- Financial charges -€1,653
down €1,653 (-95.1%), from €1,739 to €86
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 | €278,023 | €260,106 | -€17,917 | -6.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €65,033 | €60,452 | -€4,581 | -7.0% |
| Tangible fixed assets | 22/27 | €64,853 | €60,272 | -€4,581 | -7.1% |
| Land and buildings | 22 | €58,022 | €55,057 | -€2,965 | -5.1% |
| Plant, machinery and equipment | 23 | €5,201 | €4,618 | -€583 | -11.2% |
| Furniture and vehicles | 24 | €1,630 | €597 | -€1,033 | -63.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €212,990 | €199,654 | -€13,336 | -6.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €195,900 | €180,000 | -€15,900 | -8.1% |
| Cash at bank and in hand | 54/58 | €16,972 | €19,399 | +€2,427 | +14.3% |
| Deferred charges and accrued income | 490/1 | €119 | €255 | +€137 | +115% |
| Total equity and liabilities | 10/49 | €278,023 | €260,106 | -€17,917 | -6.4% |
| Equity | 10/15 | €276,331 | €258,222 | -€18,109 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,860 | €211,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,871 | €27,762 | -€18,109 | -39.5% |
| Amounts payable | 17/49 | €1,692 | €1,883 | +€192 | +11.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €792 | €983 | +€192 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €714 | €983 | +€270 | +37.8% |
| Suppliers | 440/4 | €714 | €983 | +€270 | +37.8% |
| Taxes, remuneration and social security | 45 | €78 | €0 | -€78 | -100% |
| Taxes | 450/3 | €78 | €0 | -€78 | -100% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,892 | €0 | -€38,892 | -100% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,581 | €4,581 | = | 0.0% |
| Other operating charges | 640/8 | €8,141 | €1,277 | -€6,864 | -84.3% |
| Gross operating margin | 9900 | -€26,070 | -€16,461 | +€9,609 | +36.9% |
| Operating profit (loss) | 9901 | -€38,792 | -€22,319 | +€16,473 | +42.5% |
| Financial income | 75/76B | €393 | €4,366 | +€3,973 | +1,011% |
| Recurring financial income | 75 | €393 | €4,366 | +€3,973 | +1,011% |
| Financial charges | 65/66B | €1,739 | €86 | -€1,653 | -95.1% |
| Recurring financial charges | 65 | €1,739 | €86 | -€1,653 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,137 | -€18,039 | +€22,098 | +55.1% |
| Income taxes | 67/77 | €78 | €69 | -€9 | -11.0% |
| Profit (loss) for the period | 9904 | -€40,215 | -€18,109 | +€22,107 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,215 | -€18,109 | +€22,107 | +55.0% |
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 13 October 2026 via checked.be.