IMMO BUSIDEC: 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 BUSIDEC
Largest movements
- Tangible fixed assets +€89,545
up €89,545 (+83.7%), from €106,957 to €196,502
of which Assets under construction and advance payments: +€89,545
- Cash +€2,359
up €2,359 (+423.4%), from €557 to €2,916
mainly Debts after one year (+€89,545) and Other debts (+€12,000)
- Debts after one year +€89,545
up €89,545 (+126.8%), from €70,592 to €160,137
- Other debts +€12,000
up €12,000 (+38.7%), from €31,000 to €43,000
- Profit (loss) carried forward -€9,214
down €9,214 (-62.8%), from -€14,662 to -€23,875
- Gross operating margin +€7,672
up €7,672, from -€2,323 to €5,349
- Financial charges +€2,600
up €2,600 (+22.7%), from €11,467 to €14,067
- Other operating charges -€372
down €372 (-42.7%), from €872 to €500
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 | €107,514 | €199,577 | +€92,062 | +85.6% |
| Fixed assets | 21/28 | €106,957 | €196,502 | +€89,545 | +83.7% |
| Tangible fixed assets | 22/27 | €106,957 | €196,502 | +€89,545 | +83.7% |
| Land and buildings | 22 | €38,525 | €38,525 | = | 0.0% |
| Assets under construction and advance payments | 27 | €68,432 | €157,977 | +€89,545 | +130.9% |
| Current assets | 29/58 | €557 | €3,074 | +€2,517 | +451.8% |
| Cash at bank and in hand | 54/58 | €557 | €2,916 | +€2,359 | +423.4% |
| Deferred charges and accrued income | 490/1 | - | €158 | +€158 | |
| Total equity and liabilities | 10/49 | €107,514 | €199,577 | +€92,062 | +85.6% |
| Equity | 10/15 | €5,338 | -€3,875 | -€9,214 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,662 | -€23,875 | -€9,214 | -62.8% |
| Amounts payable | 17/49 | €102,176 | €203,452 | +€101,276 | +99.1% |
| Amounts payable after more than one year | 17 | €70,592 | €160,137 | +€89,545 | +126.8% |
| Financial debts | 170/4 | €70,592 | €160,137 | +€89,545 | +126.8% |
| Amounts payable within one year | 42/48 | €31,584 | €43,315 | +€11,731 | +37.1% |
| Trade debts | 44 | €584 | €315 | -€269 | -46.1% |
| Suppliers | 440/4 | €584 | €315 | -€269 | -46.1% |
| Other amounts payable | 47/48 | €31,000 | €43,000 | +€12,000 | +38.7% |
| Other operating charges | 640/8 | €872 | €500 | -€372 | -42.7% |
| Gross operating margin | 9900 | -€2,323 | €5,349 | +€7,672 | |
| Operating profit (loss) | 9901 | -€3,195 | €4,850 | +€8,045 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €11,467 | €14,067 | +€2,600 | +22.7% |
| Recurring financial charges | 65 | €11,467 | €14,067 | +€2,600 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,662 | -€9,214 | +€5,448 | +37.2% |
| Profit (loss) for the period | 9904 | -€14,662 | -€9,214 | +€5,448 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,662 | -€9,214 | +€5,448 | +37.2% |
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.