IMMO BRISTOL: 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 BRISTOL
Largest movements
- Tangible fixed assets +€576,234
up €576,234 (+24.1%), from €2.4m to €3.0m
of which Assets under construction and advance payments: +€655,291
- Debts after one year +€544,389
up €544,389 (+33.3%), from €1.6m to €2.2m
of which Financial debts: +€502,810
- Reserves +€74,357
up €74,357 (+63.6%), from €116,960 to €191,317
of which Distributable reserves: +€74,357
- Other debts -€69,916
down €69,916 (-17.1%), from €409,200 to €339,284
- Trade debts +€52,991
up €52,991 (+1,688%), from €3,140 to €56,131
- Current portion of long-term debt -€47,253
down €47,253 (-27.9%), from €169,443 to €122,189
- Depreciation -€20,773
down €20,773 (-20.8%), from €99,830 to €79,057
- Financial charges +€16,386
up €16,386 (+28.6%), from €57,229 to €73,615
- Gross operating margin +€6,145
up €6,145 (+2.1%), from €290,083 to €296,228
- Taxes +€4,022
up €4,022 (+27.4%), from €14,690 to €18,712
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 | €2,421,344 | €2,989,622 | +€568,279 | +23.5% |
| Fixed assets | 21/28 | €2,388,800 | €2,962,533 | +€573,734 | +24.0% |
| Tangible fixed assets | 22/27 | €2,386,300 | €2,962,533 | +€576,234 | +24.1% |
| Land and buildings | 22 | €2,386,300 | €2,307,243 | -€79,057 | -3.3% |
| Assets under construction and advance payments | 27 | - | €655,291 | +€655,291 | |
| Financial fixed assets | 28 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €32,544 | €27,089 | -€5,455 | -16.8% |
| Amounts receivable within one year | 40/41 | €2,350 | €16,980 | +€14,630 | +623% |
| Other amounts receivable | 41 | €2,350 | €16,980 | +€14,630 | +623% |
| Cash at bank and in hand | 54/58 | €8,691 | €209 | -€8,483 | -97.6% |
| Deferred charges and accrued income | 490/1 | €21,502 | €9,900 | -€11,602 | -54.0% |
| Total equity and liabilities | 10/49 | €2,421,344 | €2,989,622 | +€568,279 | +23.5% |
| Equity | 10/15 | €178,934 | €253,290 | +€74,357 | +41.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | - | -€61,973 | |
| Issued capital | 100 | €61,973 | - | -€61,973 | |
| Reserves | 13 | €116,960 | €191,317 | +€74,357 | +63.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | - | -€6,197 | |
| Reserves not available under the articles | 1311 | - | €6,197 | +€6,197 | |
| Distributable reserves | 133 | €110,763 | €185,120 | +€74,357 | +67.1% |
| Amounts payable | 17/49 | €2,242,410 | €2,736,332 | +€493,922 | +22.0% |
| Amounts payable after more than one year | 17 | €1,636,086 | €2,180,476 | +€544,389 | +33.3% |
| Financial debts | 170/4 | €1,636,086 | €2,138,896 | +€502,810 | +30.7% |
| Other amounts payable | 178/9 | - | €41,580 | +€41,580 | |
| Amounts payable within one year | 42/48 | €596,472 | €546,005 | -€50,467 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €169,443 | €122,189 | -€47,253 | -27.9% |
| Trade debts | 44 | €3,140 | €56,131 | +€52,991 | +1,688% |
| Suppliers | 440/4 | €3,140 | €56,131 | +€52,991 | +1,688% |
| Taxes, remuneration and social security | 45 | €14,690 | €28,401 | +€13,712 | +93.3% |
| Taxes | 450/3 | €14,690 | €28,401 | +€13,712 | +93.3% |
| Other amounts payable | 47/48 | €409,200 | €339,284 | -€69,916 | -17.1% |
| Accrued charges and deferred income | 492/3 | €9,851 | €9,851 | = | 0.0% |
| Non-recurring operating income | 76A | €13,090 | €22,350 | +€9,260 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,830 | €79,057 | -€20,773 | -20.8% |
| Other operating charges | 640/8 | €53,421 | €50,491 | -€2,930 | -5.5% |
| Gross operating margin | 9900 | €290,083 | €296,228 | +€6,145 | +2.1% |
| Operating profit (loss) | 9901 | €136,833 | €166,680 | +€29,847 | +21.8% |
| Financial income | 75/76B | €1,727 | €3 | -€1,724 | -99.8% |
| Recurring financial income | 75 | €1,727 | €3 | -€1,724 | -99.8% |
| Financial charges | 65/66B | €57,229 | €73,615 | +€16,386 | +28.6% |
| Recurring financial charges | 65 | €57,229 | €73,615 | +€16,386 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €81,331 | €93,068 | +€11,738 | +14.4% |
| Income taxes | 67/77 | €14,690 | €18,712 | +€4,022 | +27.4% |
| Profit (loss) for the period | 9904 | €66,641 | €74,357 | +€7,716 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,641 | €74,357 | +€7,716 | +11.6% |
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 16 October 2026 via checked.be.