IMMO JBCF: 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 JBCF
Largest movements
- Tangible fixed assets -€32,694
down €32,694 (-4.5%), from €719,209 to €686,514
of which Land and buildings: -€32,302
- Debts after one year -€57,400
down €57,400 (-16.8%), from €340,886 to €283,486
- Reserves +€35,000
up €35,000 (+12.7%), from €275,000 to €310,000
- Current portion of long-term debt -€13,231
down €13,231 (-17.6%), from €75,363 to €62,132
- Financial charges -€1,287
down €1,287 (-14.2%), from €9,070 to €7,783
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 | €741,184 | €706,707 | -€34,478 | -4.7% |
| Fixed assets | 21/28 | €719,209 | €686,514 | -€32,694 | -4.5% |
| Tangible fixed assets | 22/27 | €719,209 | €686,514 | -€32,694 | -4.5% |
| Land and buildings | 22 | €718,816 | €686,514 | -€32,302 | -4.5% |
| Furniture and vehicles | 24 | €392 | - | -€392 | |
| Current assets | 29/58 | €21,976 | €20,192 | -€1,783 | -8.1% |
| Amounts receivable within one year | 40/41 | €281 | €299 | +€18 | +6.5% |
| Other amounts receivable | 41 | €281 | €299 | +€18 | +6.5% |
| Cash at bank and in hand | 54/58 | €21,695 | €19,729 | -€1,966 | -9.1% |
| Deferred charges and accrued income | 490/1 | - | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €741,184 | €706,707 | -€34,478 | -4.7% |
| Equity | 10/15 | €322,528 | €358,395 | +€35,868 | +11.1% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €275,000 | €310,000 | +€35,000 | +12.7% |
| Distributable reserves | 133 | €275,000 | €310,000 | +€35,000 | +12.7% |
| Profit (loss) carried forward | 14 | €3,528 | €4,395 | +€868 | +24.6% |
| Amounts payable | 17/49 | €418,657 | €348,311 | -€70,345 | -16.8% |
| Amounts payable after more than one year | 17 | €340,886 | €283,486 | -€57,400 | -16.8% |
| Financial debts | 170/4 | €340,886 | €283,486 | -€57,400 | -16.8% |
| Amounts payable within one year | 42/48 | €77,092 | €64,252 | -€12,841 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €75,363 | €62,132 | -€13,231 | -17.6% |
| Trade debts | 44 | - | €164 | +€164 | |
| Suppliers | 440/4 | - | €164 | +€164 | |
| Taxes, remuneration and social security | 45 | €1,729 | €1,956 | +€226 | +13.1% |
| Taxes | 450/3 | €1,729 | €1,956 | +€226 | +13.1% |
| Accrued charges and deferred income | 492/3 | €678 | €573 | -€105 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,808 | €32,694 | -€114 | -0.3% |
| Other operating charges | 640/8 | €8,076 | €8,329 | +€254 | +3.1% |
| Gross operating margin | 9900 | €96,668 | €96,630 | -€37 | 0.0% |
| Operating profit (loss) | 9901 | €55,784 | €55,607 | -€177 | -0.3% |
| Financial charges | 65/66B | €9,070 | €7,783 | -€1,287 | -14.2% |
| Recurring financial charges | 65 | €9,070 | €7,783 | -€1,287 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €46,714 | €47,824 | +€1,110 | +2.4% |
| Income taxes | 67/77 | €11,729 | €11,956 | +€226 | +1.9% |
| Profit (loss) for the period | 9904 | €34,984 | €35,868 | +€883 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,984 | €35,868 | +€883 | +2.5% |
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 3 October 2026 via checked.be.