IMMO - BUA: 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 - BUA
Largest movements
- Tangible fixed assets -€29,952
down €29,952 (-10.9%), from €274,001 to €244,049
of which Land and buildings: -€25,388
- Cash -€19,565
down €19,565 (-40.0%), from €48,935 to €29,370
mainly Net result for the year (-€27,494) and Other debts (-€11,700)
- Profit (loss) carried forward -€25,460
down €25,460 (-64.7%), from -€39,353 to -€64,813
- Other debts -€11,700
down €11,700 (-4.7%), from €246,374 to €234,674
- Tax, wage and social debts -€10,532
no longer reported in 2025 (was €10,532)
- Taxes -€7,342
down €7,342 (-99.7%), from €7,362 to €20
- Other operating charges -€2,733
down €2,733 (-92.3%), from €2,960 to €227
- Gross operating margin +€2,028
up €2,028 (+242.2%), from €837 to €2,866
- Depreciation +€241
up €241 (+0.8%), from €29,711 to €29,952
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 | €322,936 | €273,419 | -€49,517 | -15.3% |
| Fixed assets | 21/28 | €274,001 | €244,049 | -€29,952 | -10.9% |
| Tangible fixed assets | 22/27 | €274,001 | €244,049 | -€29,952 | -10.9% |
| Land and buildings | 22 | €230,227 | €204,839 | -€25,388 | -11.0% |
| Plant, machinery and equipment | 23 | €43,774 | €39,209 | -€4,564 | -10.4% |
| Current assets | 29/58 | €48,935 | €29,370 | -€19,565 | -40.0% |
| Cash at bank and in hand | 54/58 | €48,935 | €29,370 | -€19,565 | -40.0% |
| Total equity and liabilities | 10/49 | €322,936 | €273,419 | -€49,517 | -15.3% |
| Equity | 10/15 | €66,030 | €38,536 | -€27,494 | -41.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,783 | €84,748 | -€2,034 | -2.3% |
| Distributable reserves | 133 | €86,783 | €84,748 | -€2,034 | -2.3% |
| Profit (loss) carried forward | 14 | -€39,353 | -€64,813 | -€25,460 | -64.7% |
| Amounts payable | 17/49 | €256,906 | €234,883 | -€22,023 | -8.6% |
| Amounts payable within one year | 42/48 | €256,906 | €234,883 | -€22,023 | -8.6% |
| Trade debts | 44 | - | €209 | +€209 | |
| Suppliers | 440/4 | - | €209 | +€209 | |
| Taxes, remuneration and social security | 45 | €10,532 | - | -€10,532 | |
| Taxes | 450/3 | €10,532 | - | -€10,532 | |
| Other amounts payable | 47/48 | €246,374 | €234,674 | -€11,700 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,711 | €29,952 | +€241 | +0.8% |
| Other operating charges | 640/8 | €2,960 | €227 | -€2,733 | -92.3% |
| Gross operating margin | 9900 | €837 | €2,866 | +€2,028 | +242.2% |
| Operating profit (loss) | 9901 | -€31,834 | -€27,313 | +€4,521 | +14.2% |
| Financial charges | 65/66B | €157 | €161 | +€4 | +2.6% |
| Recurring financial charges | 65 | €157 | €161 | +€4 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,991 | -€27,474 | +€4,517 | +14.1% |
| Income taxes | 67/77 | €7,362 | €20 | -€7,342 | -99.7% |
| Profit (loss) for the period | 9904 | -€39,353 | -€27,494 | +€11,858 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,353 | -€27,494 | +€11,858 | +30.1% |
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 30 September 2026 via checked.be.