IMMO BRAS: what changed
Two fiscal 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 BRAS
Largest movements
- Tangible fixed assets +€4,215
up €4,215 (+6.1%), from €69,058 to €73,273
of which Other tangible fixed assets: +€4,748
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€4,776
down €4,776 (-25.8%), from €18,517 to €13,741
- Depreciation +€1,633
up €1,633 (+17.1%), from €9,544 to €11,177
- Taxes -€1,499
down €1,499 (-89.0%), from €1,684 to €185
- Financial income -€348
down €348 (-17.3%), from €2,015 to €1,668
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 | €281,774 | €282,669 | +€895 | +0.3% |
| Fixed assets | 21/28 | €69,058 | €73,273 | +€4,215 | +6.1% |
| Tangible fixed assets | 22/27 | €69,058 | €73,273 | +€4,215 | +6.1% |
| Plant, machinery and equipment | 23 | €2,796 | €1,503 | -€1,293 | -46.2% |
| Furniture and vehicles | 24 | - | €760 | +€760 | |
| Other tangible fixed assets | 26 | €66,262 | €71,010 | +€4,748 | +7.2% |
| Current assets | 29/58 | €212,716 | €209,396 | -€3,320 | -1.6% |
| Amounts receivable within one year | 40/41 | €31,989 | €29,557 | -€2,432 | -7.6% |
| Other amounts receivable | 41 | €31,989 | €29,557 | -€2,432 | -7.6% |
| Cash at bank and in hand | 54/58 | €180,727 | €179,839 | -€888 | -0.5% |
| Total equity and liabilities | 10/49 | €281,774 | €282,669 | +€895 | +0.3% |
| Equity | 10/15 | €278,506 | €279,118 | +€612 | +0.2% |
| Contributions | 10/11 | €13,141 | €13,141 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €263,506 | €264,117 | +€612 | +0.2% |
| Amounts payable | 17/49 | €3,268 | €3,551 | +€284 | +8.7% |
| Amounts payable within one year | 42/48 | €3,268 | €3,551 | +€284 | +8.7% |
| Trade debts | 44 | €384 | €483 | +€99 | +25.7% |
| Suppliers | 440/4 | €384 | €483 | +€99 | +25.7% |
| Taxes, remuneration and social security | 45 | €2,884 | €3,068 | +€185 | +6.4% |
| Taxes | 450/3 | €2,884 | €3,068 | +€185 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,544 | €11,177 | +€1,633 | +17.1% |
| Other operating charges | 640/8 | €3,285 | €3,388 | +€103 | +3.1% |
| Gross operating margin | 9900 | €18,517 | €13,741 | -€4,776 | -25.8% |
| Operating profit (loss) | 9901 | €5,688 | -€825 | -€6,512 | |
| Financial income | 75/76B | €2,015 | €1,668 | -€348 | -17.3% |
| Recurring financial income | 75 | €2,015 | €1,668 | -€348 | -17.3% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,657 | €796 | -€6,860 | -89.6% |
| Income taxes | 67/77 | €1,684 | €185 | -€1,499 | -89.0% |
| Profit (loss) for the period | 9904 | €5,973 | €612 | -€5,361 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,973 | €612 | -€5,361 | -89.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.