IMMO BRUSH: 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 BRUSH
Largest movements
- Tangible fixed assets +€48,833
up €48,833 (+11.8%), from €414,302 to €463,135
- Debts after one year +€64,334
up €64,334 (+11.1%), from €579,010 to €643,344
- Current portion of long-term debt -€31,834
down €31,834 (-49.5%), from €64,334 to €32,500
- Accrued charges and deferred income +€26,493
new in 2025: €26,493
- Profit (loss) carried forward -€7,016
down €7,016 (-2.4%), from -€294,090 to -€301,107
- Gross operating margin -€590
down €590 (-9.9%), from -€5,944 to -€6,534
- Other operating charges -€114
down €114 (-22.1%), from €513 to €400
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 | €414,638 | €463,819 | +€49,181 | +11.9% |
| Fixed assets | 21/28 | €414,302 | €463,135 | +€48,833 | +11.8% |
| Tangible fixed assets | 22/27 | €414,302 | €463,135 | +€48,833 | +11.8% |
| Land and buildings | 22 | €414,302 | €463,135 | +€48,833 | +11.8% |
| Current assets | 29/58 | €336 | €684 | +€348 | +103.7% |
| Cash at bank and in hand | 54/58 | €336 | €684 | +€348 | +103.7% |
| Total equity and liabilities | 10/49 | €414,638 | €463,819 | +€49,181 | +11.9% |
| Equity | 10/15 | -€231,590 | -€238,607 | -€7,016 | -3.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€294,090 | -€301,107 | -€7,016 | -2.4% |
| Amounts payable | 17/49 | €646,228 | €702,426 | +€56,197 | +8.7% |
| Amounts payable after more than one year | 17 | €579,010 | €643,344 | +€64,334 | +11.1% |
| Financial debts | 170/4 | €579,010 | €643,344 | +€64,334 | +11.1% |
| Amounts payable within one year | 42/48 | €67,218 | €32,588 | -€34,630 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €64,334 | €32,500 | -€31,834 | -49.5% |
| Trade debts | 44 | €2,884 | €0 | -€2,884 | -100.0% |
| Suppliers | 440/4 | €2,884 | €0 | -€2,884 | -100.0% |
| Other amounts payable | 47/48 | €0 | €88 | +€88 | |
| Accrued charges and deferred income | 492/3 | - | €26,493 | +€26,493 | |
| Other operating charges | 640/8 | €513 | €400 | -€114 | -22.1% |
| Gross operating margin | 9900 | -€5,944 | -€6,534 | -€590 | -9.9% |
| Operating profit (loss) | 9901 | -€6,457 | -€6,934 | -€476 | -7.4% |
| Financial charges | 65/66B | €53 | €83 | +€30 | +57.8% |
| Recurring financial charges | 65 | €53 | €83 | +€30 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,510 | -€7,016 | -€507 | -7.8% |
| Profit (loss) for the period | 9904 | -€6,510 | -€7,016 | -€507 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,510 | -€7,016 | -€507 | -7.8% |
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.