IMMO DU BATI: 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 DU BATI
Largest movements
- Tangible fixed assets +€236,985
up €236,985 (+62.8%), from €377,490 to €614,475
of which Land and buildings: +€237,243
- Receivables after one year +€12,500
up €12,500 (+67.9%), from €18,400 to €30,900
- Receivables within one year -€12,304
down €12,304 (-70.5%), from €17,459 to €5,155
- Cash +€9,126
new in 2025: €9,126
mainly Short-term financial debts (+€122,686) and Contributions, distributions and other (+€90,000)
- Deferred charges and accrued income -€7,500
no longer reported in 2025 (was €7,500)
- Short-term financial debts +€122,686
up €122,686 (+96.4%), from €127,314 to €250,000
- Revaluation surpluses +€90,000
new in 2025: €90,000
- Trade debts +€16,537
up €16,537 (+4273.1%), from €387 to €16,924
- Profit (loss) carried forward +€9,631
up €9,631, from -€4,597 to €5,034
- Gross operating margin +€36,320
up €36,320 (+214.7%), from €16,918 to €53,238
- Other operating charges +€22,396
up €22,396 (+445.8%), from €5,024 to €27,420
- Depreciation -€1,559
down €1,559 (-23.5%), from €6,648 to €5,089
- Financial charges +€774
up €774 (+7.4%), from €10,499 to €11,273
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 | €420,849 | €659,656 | +€238,807 | +56.7% |
| Fixed assets | 21/28 | €377,490 | €614,475 | +€236,985 | +62.8% |
| Tangible fixed assets | 22/27 | €377,490 | €614,475 | +€236,985 | +62.8% |
| Land and buildings | 22 | €375,750 | €612,993 | +€237,243 | +63.1% |
| Plant, machinery and equipment | 23 | €1,740 | €1,482 | -€258 | -14.8% |
| Current assets | 29/58 | €43,359 | €45,181 | +€1,822 | +4.2% |
| Amounts receivable after more than one year | 29 | €18,400 | €30,900 | +€12,500 | +67.9% |
| Other amounts receivable | 291 | €18,400 | €30,900 | +€12,500 | +67.9% |
| Amounts receivable within one year | 40/41 | €17,459 | €5,155 | -€12,304 | -70.5% |
| Other amounts receivable | 41 | €17,459 | €5,155 | -€12,304 | -70.5% |
| Cash at bank and in hand | 54/58 | - | €9,126 | +€9,126 | |
| Deferred charges and accrued income | 490/1 | €7,500 | - | -€7,500 | |
| Total equity and liabilities | 10/49 | €420,849 | €659,656 | +€238,807 | +56.7% |
| Equity | 10/15 | €292,503 | €392,134 | +€99,631 | +34.1% |
| Contributions | 10/11 | €294,100 | €294,100 | = | 0.0% |
| Capital | 10 | €294,100 | - | -€294,100 | |
| Issued capital | 100 | €294,100 | - | -€294,100 | |
| Revaluation surpluses | 12 | - | €90,000 | +€90,000 | |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Legal reserve | 130 | €3,000 | - | -€3,000 | |
| Other | 1319 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€4,597 | €5,034 | +€9,631 | |
| Amounts payable | 17/49 | €128,346 | €267,522 | +€139,176 | +108.4% |
| Amounts payable within one year | 42/48 | €128,299 | €267,522 | +€139,223 | +108.5% |
| Financial debts | 43 | €127,314 | €250,000 | +€122,686 | +96.4% |
| Credit institutions | 430/8 | €127,314 | €250,000 | +€122,686 | +96.4% |
| Trade debts | 44 | €387 | €16,924 | +€16,537 | +4273.1% |
| Suppliers | 440/4 | €387 | €16,924 | +€16,537 | +4273.1% |
| Other amounts payable | 47/48 | €598 | €598 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €47 | - | -€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,648 | €5,089 | -€1,559 | -23.5% |
| Other operating charges | 640/8 | €5,024 | €27,420 | +€22,396 | +445.8% |
| Non-recurring operating charges | 66A | €5,398 | - | -€5,398 | |
| Gross operating margin | 9900 | €16,918 | €53,238 | +€36,320 | +214.7% |
| Operating profit (loss) | 9901 | -€152 | €20,729 | +€20,881 | |
| Financial income | 75/76B | €117 | €175 | +€58 | +49.6% |
| Recurring financial income | 75 | €117 | €175 | +€58 | +49.6% |
| Financial charges | 65/66B | €10,499 | €11,273 | +€774 | +7.4% |
| Recurring financial charges | 65 | €10,499 | €11,273 | +€774 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,534 | €9,631 | +€20,165 | |
| Profit (loss) for the period | 9904 | -€10,534 | €9,631 | +€20,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,534 | €9,631 | +€20,165 |
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 10 October 2026 via checked.be.