IMMO BRIQUES: 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 BRIQUES
Largest movements
- Current investments +€2.4m
new in 2025: €2.4m
- Financial fixed assets +€100,000
new in 2025: €100,000
- Cash -€45,484
down €45,484 (-39.9%), from €113,986 to €68,503
mainly Current investments (-€2.4m) and Investment in fixed assets (net) (-€100,000)
- Other debts +€2.4m
up €2.4m (+1143.0%), from €211,228 to €2.6m
- Financial charges +€20,598
up €20,598 (+128.4%), from €16,040 to €36,638
- Gross operating margin +€13,172
up €13,172 (+27.1%), from €48,557 to €61,728
- Financial income +€8,923
up €8,923 (+1579.8%), from €565 to €9,487
- Taxes +€6,464
up €6,464 (+93.5%), from €6,910 to €13,373
- Depreciation -€749
down €749 (-22.4%), from €3,341 to €2,593
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 | €494,227 | €2,932,480 | +€2.4m | +493.3% |
| Fixed assets | 21/28 | €360,552 | €457,959 | +€97,407 | +27.0% |
| Tangible fixed assets | 22/27 | €360,552 | €357,959 | -€2,593 | -0.7% |
| Land and buildings | 22 | €360,552 | €357,959 | -€2,593 | -0.7% |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €133,675 | €2,474,521 | +€2.3m | +1751.1% |
| Amounts receivable within one year | 40/41 | €19,575 | €4,473 | -€15,102 | -77.1% |
| Trade receivables | 40 | €13,815 | - | -€13,815 | |
| Other amounts receivable | 41 | €5,760 | €4,473 | -€1,287 | -22.3% |
| Current investments | 50/53 | - | €2,400,000 | +€2.4m | |
| Cash at bank and in hand | 54/58 | €113,986 | €68,503 | -€45,484 | -39.9% |
| Deferred charges and accrued income | 490/1 | €114 | €1,546 | +€1,432 | +1254.6% |
| Total equity and liabilities | 10/49 | €494,227 | €2,932,480 | +€2.4m | +493.3% |
| Equity | 10/15 | €278,153 | €294,598 | +€16,445 | +5.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €40,456 | €40,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,456 | €40,456 | = | 0.0% |
| Legal reserve | 130 | €40,456 | €40,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,197 | €192,642 | +€16,445 | +9.3% |
| Amounts payable | 17/49 | €216,074 | €2,637,883 | +€2.4m | +1120.8% |
| Amounts payable within one year | 42/48 | €216,040 | €2,637,419 | +€2.4m | +1120.8% |
| Trade debts | 44 | - | €1,005 | +€1,005 | |
| Suppliers | 440/4 | - | €1,005 | +€1,005 | |
| Taxes, remuneration and social security | 45 | €4,812 | €10,924 | +€6,112 | +127.0% |
| Taxes | 450/3 | €4,812 | €10,924 | +€6,112 | +127.0% |
| Other amounts payable | 47/48 | €211,228 | €2,625,490 | +€2.4m | +1143.0% |
| Accrued charges and deferred income | 492/3 | €34 | €464 | +€429 | +1254.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,341 | €2,593 | -€749 | -22.4% |
| Other operating charges | 640/8 | €2,101 | €2,167 | +€65 | +3.1% |
| Gross operating margin | 9900 | €48,557 | €61,728 | +€13,172 | +27.1% |
| Operating profit (loss) | 9901 | €43,114 | €56,969 | +€13,855 | +32.1% |
| Financial income | 75/76B | €565 | €9,487 | +€8,923 | +1579.8% |
| Recurring financial income | 75 | €565 | €9,487 | +€8,923 | +1579.8% |
| Financial charges | 65/66B | €16,040 | €36,638 | +€20,598 | +128.4% |
| Recurring financial charges | 65 | €16,040 | €36,638 | +€20,598 | +128.4% |
| Profit (loss) for the period before taxes | 9903 | €27,639 | €29,818 | +€2,180 | +7.9% |
| Income taxes | 67/77 | €6,910 | €13,373 | +€6,464 | +93.5% |
| Profit (loss) for the period | 9904 | €20,729 | €16,445 | -€4,284 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,729 | €16,445 | -€4,284 | -20.7% |
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 6 October 2026 via checked.be.