IMMO BRECHT BUYSE: what changed
What changed
IMMO BRECHT BUYSE
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€7,052
2024 · €20,691-€27,743
Equity
€217,165
2024 · €224,216-€7,052
Cash
€1,695
2024 · €7,501-€5,807
Balance sheet total
€795,002
2024 · €809,692-€14,690
Largest movements
Assets
- Tangible fixed assets -€18,415
down €18,415 (-5.3%), from €347,310 to €328,895
- Receivables within one year +€15,125
up €15,125, from €0 to €15,125
Equity and liabilities
- Debts after one year -€26,074
down €26,074 (-4.7%), from €557,357 to €531,283
of which Financial debts: -€20,446
- Other debts +€11,661
new in 2025: €11,661
Income statement
- Financial charges +€33,205
up €33,205 (+1,033%), from €3,215 to €36,420
- Gross operating margin +€10,163
up €10,163 (+31.0%), from €32,734 to €42,896
- Financial income -€2,453
down €2,453 (-8.4%), from €29,099 to €26,646
- Depreciation +€2,169
up €2,169 (+6.1%), from €35,354 to €37,523
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,691
Gross operating margin
+€10,163
Depreciation
-€2,169
Other operating charges
-€78
Financial income
-€2,453
Financial charges
-€33,205
Result 2025
-€7,052
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,866
Investment
-€19,108
Financing
-€25,565
Cash 2024
€7,501
From operations (derived)
+€38,866
Net result for the year
-€7,052
Depreciation
+€37,523
Receivables after one year
+€5,000
Receivables within one year
-€15,125
Deferred charges and accrued income
+€593
Trade debts
-€1,214
Tax, wage and social debts
+€7,479
Other debts
+€11,661
Investment (derived)
-€19,108
Investment in fixed assets (net)
-€19,108
Financing
-€25,565
Debts after one year
-€26,074
Current portion of long-term debt
+€509
Cash 2025
€1,695
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €809,692 | €795,002 | -€14,690 | -1.8% |
| Fixed assets | 21/28 | €377,354 | €358,939 | -€18,415 | -4.9% |
| Tangible fixed assets | 22/27 | €347,310 | €328,895 | -€18,415 | -5.3% |
| Land and buildings | 22 | €347,310 | €328,895 | -€18,415 | -5.3% |
| Financial fixed assets | 28 | €30,044 | €30,044 | = | 0.0% |
| Current assets | 29/58 | €432,338 | €436,063 | +€3,725 | +0.9% |
| Amounts receivable after more than one year | 29 | €423,141 | €418,140 | -€5,000 | -1.2% |
| Other amounts receivable | 291 | €423,141 | €418,140 | -€5,000 | -1.2% |
| Amounts receivable within one year | 40/41 | €0 | €15,125 | +€15,125 | |
| Trade receivables | 40 | €0 | €15,125 | +€15,125 | |
| Cash at bank and in hand | 54/58 | €7,501 | €1,695 | -€5,807 | -77.4% |
| Deferred charges and accrued income | 490/1 | €1,696 | €1,103 | -€593 | -35.0% |
| Total equity and liabilities | 10/49 | €809,692 | €795,002 | -€14,690 | -1.8% |
| Equity | 10/15 | €224,216 | €217,165 | -€7,052 | -3.1% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Revaluation surpluses | 12 | €7,027 | €7,027 | = | 0.0% |
| Reserves | 13 | €172,189 | €165,138 | -€7,052 | -4.1% |
| Distributable reserves | 133 | €172,189 | €165,138 | -€7,052 | -4.1% |
| Amounts payable | 17/49 | €585,476 | €577,838 | -€7,638 | -1.3% |
| Amounts payable after more than one year | 17 | €557,357 | €531,283 | -€26,074 | -4.7% |
| Financial debts | 170/4 | €74,831 | €54,385 | -€20,446 | -27.3% |
| Other amounts payable | 178/9 | €482,526 | €476,898 | -€5,628 | -1.2% |
| Amounts payable within one year | 42/48 | €28,119 | €46,554 | +€18,436 | +65.6% |
| Current portion of amounts payable after more than one year | 42 | €20,009 | €20,518 | +€509 | +2.5% |
| Trade debts | 44 | €2,221 | €1,007 | -€1,214 | -54.6% |
| Suppliers | 440/4 | €2,221 | €1,007 | -€1,214 | -54.6% |
| Taxes, remuneration and social security | 45 | €5,888 | €13,367 | +€7,479 | +127% |
| Taxes | 450/3 | €5,888 | €13,367 | +€7,479 | +127% |
| Other amounts payable | 47/48 | - | €11,661 | +€11,661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,354 | €37,523 | +€2,169 | +6.1% |
| Other operating charges | 640/8 | €2,573 | €2,651 | +€78 | +3.0% |
| Gross operating margin | 9900 | €32,734 | €42,896 | +€10,163 | +31.0% |
| Operating profit (loss) | 9901 | -€5,193 | €2,723 | +€7,916 | |
| Financial income | 75/76B | €29,099 | €26,646 | -€2,453 | -8.4% |
| Recurring financial income | 75 | €29,099 | €26,646 | -€2,453 | -8.4% |
| Financial charges | 65/66B | €3,215 | €36,420 | +€33,205 | +1,033% |
| Recurring financial charges | 65 | €3,215 | €36,420 | +€33,205 | +1,033% |
| Profit (loss) for the period before taxes | 9903 | €20,691 | -€7,052 | -€27,743 | |
| Profit (loss) for the period | 9904 | €20,691 | -€7,052 | -€27,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,691 | -€7,052 | -€27,743 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.