IMMO - BURCHT: 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 - BURCHT
Largest movements
- Cash +€15,934
up €15,934 (+18.3%), from €87,074 to €103,008
mainly Net result for the year (+€18,006) and Depreciation (+€10,596)
- Current investments +€5,840
up €5,840 (+5.0%), from €115,980 to €121,820
- Receivables within one year -€4,717
down €4,717 (-29.5%), from €16,007 to €11,290
- Reserves +€18,000
up €18,000 (+8.1%), from €220,900 to €238,900
- Other debts -€4,200
no longer reported in 2025 (was €4,200)
- Financial charges -€8,625
down €8,625, from €2,927 to -€5,698
- Gross operating margin -€2,081
down €2,081 (-6.6%), from €31,686 to €29,606
- Depreciation +€1,964
up €1,964 (+22.8%), from €8,632 to €10,596
- Taxes +€1,281
up €1,281 (+27.1%), from €4,721 to €6,002
- Financial income +€327
up €327 (+10.3%), from €3,191 to €3,518
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 | €325,224 | €341,504 | +€16,280 | +5.0% |
| Fixed assets | 21/28 | €106,164 | €105,387 | -€777 | -0.7% |
| Tangible fixed assets | 22/27 | €106,164 | €105,387 | -€777 | -0.7% |
| Land and buildings | 22 | €83,718 | €87,505 | +€3,787 | +4.5% |
| Plant, machinery and equipment | 23 | €22,446 | €17,882 | -€4,564 | -20.3% |
| Current assets | 29/58 | €219,060 | €236,117 | +€17,057 | +7.8% |
| Amounts receivable within one year | 40/41 | €16,007 | €11,290 | -€4,717 | -29.5% |
| Other amounts receivable | 41 | €16,007 | €11,290 | -€4,717 | -29.5% |
| Current investments | 50/53 | €115,980 | €121,820 | +€5,840 | +5.0% |
| Cash at bank and in hand | 54/58 | €87,074 | €103,008 | +€15,934 | +18.3% |
| Total equity and liabilities | 10/49 | €325,224 | €341,504 | +€16,280 | +5.0% |
| Equity | 10/15 | €320,933 | €338,939 | +€18,006 | +5.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €220,900 | €238,900 | +€18,000 | +8.1% |
| Distributable reserves | 133 | €220,900 | €238,900 | +€18,000 | +8.1% |
| Profit (loss) carried forward | 14 | €33 | €39 | +€6 | +18.6% |
| Amounts payable | 17/49 | €4,291 | €2,565 | -€1,726 | -40.2% |
| Amounts payable within one year | 42/48 | €4,291 | €2,565 | -€1,726 | -40.2% |
| Trade debts | 44 | €91 | €615 | +€524 | +573% |
| Suppliers | 440/4 | €91 | €615 | +€524 | +573% |
| Advances received on contracts in progress | 46 | - | €1,950 | +€1,950 | |
| Other amounts payable | 47/48 | €4,200 | - | -€4,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,632 | €10,596 | +€1,964 | +22.8% |
| Other operating charges | 640/8 | €4,436 | €4,218 | -€217 | -4.9% |
| Gross operating margin | 9900 | €31,686 | €29,606 | -€2,081 | -6.6% |
| Operating profit (loss) | 9901 | €18,619 | €14,792 | -€3,827 | -20.6% |
| Financial income | 75/76B | €3,191 | €3,518 | +€327 | +10.3% |
| Recurring financial income | 75 | €3,191 | €3,518 | +€327 | +10.3% |
| Financial charges | 65/66B | €2,927 | -€5,698 | -€8,625 | |
| Recurring financial charges | 65 | €2,927 | -€5,698 | -€8,625 | |
| Profit (loss) for the period before taxes | 9903 | €18,883 | €24,008 | +€5,125 | +27.1% |
| Income taxes | 67/77 | €4,721 | €6,002 | +€1,281 | +27.1% |
| Profit (loss) for the period | 9904 | €14,162 | €18,006 | +€3,844 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,162 | €18,006 | +€3,844 | +27.1% |
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 17 October 2026 via checked.be.