IMMO BROUWERSHOF: 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 BROUWERSHOF
Largest movements
- Tangible fixed assets +€286,740
up €286,740 (+4.4%), from €6.5m to €6.8m
of which Land and buildings: +€333,095
- Trade debts +€385,114
up €385,114 (+3,644%), from €10,569 to €395,684
- Debts after one year -€162,292
down €162,292 (-6.5%), from €2.5m to €2.3m
- Other debts +€144,113
up €144,113 (+3.6%), from €4.0m to €4.2m
- Depreciation +€171,278
up €171,278 (+97.9%), from €175,021 to €346,299
- Gross operating margin +€30,077
up €30,077 (+9.5%), from €318,270 to €348,346
- Other operating charges -€5,850
down €5,850 (-15.1%), from €38,741 to €32,891
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 | €6,517,218 | €6,823,341 | +€306,123 | +4.7% |
| Fixed assets | 21/28 | €6,514,922 | €6,801,663 | +€286,740 | +4.4% |
| Tangible fixed assets | 22/27 | €6,514,922 | €6,801,663 | +€286,740 | +4.4% |
| Land and buildings | 22 | €6,367,288 | €6,700,383 | +€333,095 | +5.2% |
| Plant, machinery and equipment | 23 | €19,722 | €22,430 | +€2,707 | +13.7% |
| Furniture and vehicles | 24 | €127,912 | €78,850 | -€49,062 | -38.4% |
| Current assets | 29/58 | €2,296 | €21,679 | +€19,383 | +844% |
| Amounts receivable within one year | 40/41 | €928 | €3,443 | +€2,515 | +271% |
| Other amounts receivable | 41 | €928 | €3,443 | +€2,515 | +271% |
| Current investments | 50/53 | €396 | €13 | -€383 | -96.7% |
| Cash at bank and in hand | 54/58 | €972 | €18,223 | +€17,250 | +1,774% |
| Total equity and liabilities | 10/49 | €6,517,218 | €6,823,341 | +€306,123 | +4.7% |
| Equity | 10/15 | -€158,480 | -€211,766 | -€53,286 | -33.6% |
| Contributions | 10/11 | €902,000 | €902,000 | = | 0.0% |
| Capital | 10 | €902,000 | €902,000 | = | 0.0% |
| Issued capital | 100 | €902,000 | €902,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,060,480 | -€1,113,766 | -€53,286 | -5.0% |
| Amounts payable | 17/49 | €6,675,699 | €7,035,108 | +€359,409 | +5.4% |
| Amounts payable after more than one year | 17 | €2,478,292 | €2,316,000 | -€162,292 | -6.5% |
| Financial debts | 170/4 | €2,478,292 | €2,316,000 | -€162,292 | -6.5% |
| Amounts payable within one year | 42/48 | €4,197,407 | €4,719,108 | +€521,701 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €169,819 | €162,292 | -€7,527 | -4.4% |
| Trade debts | 44 | €10,569 | €395,684 | +€385,114 | +3,644% |
| Suppliers | 440/4 | €10,569 | €395,684 | +€385,114 | +3,644% |
| Other amounts payable | 47/48 | €4,017,019 | €4,161,132 | +€144,113 | +3.6% |
| Remuneration, social security and pensions | 62 | - | €262 | +€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,021 | €346,299 | +€171,278 | +97.9% |
| Other operating charges | 640/8 | €38,741 | €32,891 | -€5,850 | -15.1% |
| Non-recurring operating charges | 66A | €2,000 | €6,875 | +€4,875 | +244% |
| Gross operating margin | 9900 | €318,270 | €348,346 | +€30,077 | +9.5% |
| Operating profit (loss) | 9901 | €102,508 | -€37,980 | -€140,488 | |
| Financial income | 75/76B | €3,178 | €370 | -€2,808 | -88.4% |
| Recurring financial income | 75 | €3,178 | €370 | -€2,808 | -88.4% |
| Financial charges | 65/66B | €16,314 | €13,782 | -€2,532 | -15.5% |
| Recurring financial charges | 65 | €16,314 | €13,782 | -€2,532 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €89,372 | -€51,392 | -€140,763 | |
| Income taxes | 67/77 | €4,020 | €1,894 | -€2,125 | -52.9% |
| Profit (loss) for the period | 9904 | €85,352 | -€53,286 | -€138,638 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,352 | -€53,286 | -€138,638 |
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 18 October 2026 via checked.be.