IMMO BX CONSULT: 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 BX CONSULT
Largest movements
- Receivables within one year +€38,587
up €38,587 (+32.6%), from €118,187 to €156,774
of which Trade receivables: +€21,743
- Tangible fixed assets -€17,910
down €17,910 (-2.3%), from €788,411 to €770,501
of which Land and buildings: -€25,329
- Cash +€10,964
up €10,964 (+1241.7%), from €883 to €11,847
mainly Depreciation (+€45,815) and Trade debts (+€34,008)
- Debts after one year -€54,281
down €54,281 (-10.3%), from €529,364 to €475,082
- Trade debts +€34,008
up €34,008 (+29.6%), from €115,024 to €149,032
of which Suppliers: +€25,677
- Other debts +€20,767
up €20,767 (+15.6%), from €133,369 to €154,136
- Reserves +€13,297
up €13,297 (+24.0%), from €55,395 to €68,692
- Tax, wage and social debts +€11,359
up €11,359 (+59.4%), from €19,127 to €30,487
of which Remuneration and social security: +€6,416
- Other operating charges -€51,699
down €51,699 (-95.5%), from €54,111 to €2,412
- Financial charges +€24,343
up €24,343 (+162.8%), from €14,951 to €39,294
- Gross operating margin -€22,445
down €22,445 (-16.5%), from €136,194 to €113,749
- Depreciation +€9,732
up €9,732 (+27.0%), from €36,083 to €45,815
- Provisions +€5,070
new in 2025: €5,070
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 | €915,125 | €940,275 | +€25,150 | +2.7% |
| Fixed assets | 21/28 | €788,504 | €770,594 | -€17,910 | -2.3% |
| Tangible fixed assets | 22/27 | €788,411 | €770,501 | -€17,910 | -2.3% |
| Land and buildings | 22 | €727,247 | €701,918 | -€25,329 | -3.5% |
| Plant, machinery and equipment | 23 | €2,950 | €8,563 | +€5,613 | +190.3% |
| Furniture and vehicles | 24 | €16,801 | €15,884 | -€917 | -5.5% |
| Other tangible fixed assets | 26 | €41,414 | €44,137 | +€2,723 | +6.6% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €126,621 | €169,680 | +€43,059 | +34.0% |
| Amounts receivable within one year | 40/41 | €118,187 | €156,774 | +€38,587 | +32.6% |
| Trade receivables | 40 | €117,909 | €139,652 | +€21,743 | +18.4% |
| Other amounts receivable | 41 | €278 | €17,122 | +€16,844 | +6051.6% |
| Cash at bank and in hand | 54/58 | €883 | €11,847 | +€10,964 | +1241.7% |
| Deferred charges and accrued income | 490/1 | €7,551 | €1,059 | -€6,492 | -86.0% |
| Total equity and liabilities | 10/49 | €915,125 | €940,275 | +€25,150 | +2.7% |
| Equity | 10/15 | €81,542 | €94,839 | +€13,297 | +16.3% |
| Contributions | 10/11 | €9,600 | €9,600 | = | 0.0% |
| Contributions outside capital | 11 | €9,600 | €9,600 | = | 0.0% |
| Other | 1109/19 | €9,600 | €9,600 | = | 0.0% |
| Reserves | 13 | €55,395 | €68,692 | +€13,297 | +24.0% |
| Distributable reserves | 133 | €55,395 | €68,692 | +€13,297 | +24.0% |
| Profit (loss) carried forward | 14 | €16,547 | €16,547 | = | 0.0% |
| Amounts payable | 17/49 | €833,583 | €845,436 | +€11,853 | +1.4% |
| Amounts payable after more than one year | 17 | €529,364 | €475,082 | -€54,281 | -10.3% |
| Financial debts | 170/4 | €529,364 | €475,082 | -€54,281 | -10.3% |
| Amounts payable within one year | 42/48 | €304,220 | €370,353 | +€66,134 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €36,382 | €36,382 | = | 0.0% |
| Financial debts | 43 | €317 | €317 | = | 0.0% |
| Credit institutions | 430/8 | €317 | €317 | = | 0.0% |
| Trade debts | 44 | €115,024 | €149,032 | +€34,008 | +29.6% |
| Suppliers | 440/4 | €115,024 | €140,701 | +€25,677 | +22.3% |
| Bills of exchange payable | 441 | - | €8,331 | +€8,331 | |
| Taxes, remuneration and social security | 45 | €19,127 | €30,487 | +€11,359 | +59.4% |
| Taxes | 450/3 | €17,127 | €22,071 | +€4,944 | +28.9% |
| Remuneration and social security | 454/9 | €2,000 | €8,416 | +€6,416 | +320.8% |
| Other amounts payable | 47/48 | €133,369 | €154,136 | +€20,767 | +15.6% |
| Remuneration, social security and pensions | 62 | - | €1,658 | +€1,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,083 | €45,815 | +€9,732 | +27.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €5,070 | +€5,070 | |
| Other operating charges | 640/8 | €54,111 | €2,412 | -€51,699 | -95.5% |
| Gross operating margin | 9900 | €136,194 | €113,749 | -€22,445 | -16.5% |
| Operating profit (loss) | 9901 | €46,001 | €58,794 | +€12,794 | +27.8% |
| Financial income | 75/76B | €566 | €0 | -€566 | -100.0% |
| Recurring financial income | 75 | €566 | €0 | -€566 | -100.0% |
| Financial charges | 65/66B | €14,951 | €39,294 | +€24,343 | +162.8% |
| Recurring financial charges | 65 | €14,951 | €39,294 | +€24,343 | +162.8% |
| Profit (loss) for the period before taxes | 9903 | €31,616 | €19,500 | -€12,116 | -38.3% |
| Income taxes | 67/77 | €11,153 | €6,203 | -€4,950 | -44.4% |
| Profit (loss) for the period | 9904 | €20,463 | €13,297 | -€7,166 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,463 | €13,297 | -€7,166 | -35.0% |
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 11 October 2026 via checked.be.