IMMO SAINT BERNARD: 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 SAINT BERNARD
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets -€48,340
down €48,340 (-4.4%), from €1.1m to €1.1m
of which Land and buildings: -€49,088
- Cash +€27,286
up €27,286 (+1,305%), from €2,091 to €29,377
mainly Current investments (+€200,000) and Depreciation (+€55,137)
- Other debts -€136,463
down €136,463 (-14.8%), from €919,555 to €783,092
- Profit (loss) carried forward -€33,340
down €33,340, from €0 to -€33,340
- Debts after one year -€28,070
down €28,070 (-20.0%), from €140,351 to €112,281
- Gross operating margin -€290,179
down €290,179 (-89.6%), from €323,831 to €33,652
- Taxes -€12,817
no longer reported in 2025 (was €12,817)
- Financial charges -€11,978
down €11,978 (-34.7%), from €34,477 to €22,499
- Other operating charges -€7,810
down €7,810 (-50.1%), from €15,594 to €7,784
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 | €1,340,572 | €1,125,080 | -€215,492 | -16.1% |
| Fixed assets | 21/28 | €1,112,704 | €1,064,364 | -€48,340 | -4.3% |
| Tangible fixed assets | 22/27 | €1,110,781 | €1,062,441 | -€48,340 | -4.4% |
| Land and buildings | 22 | €1,070,366 | €1,021,278 | -€49,088 | -4.6% |
| Plant, machinery and equipment | 23 | €32,670 | €34,497 | +€1,827 | +5.6% |
| Furniture and vehicles | 24 | €7,745 | €6,666 | -€1,079 | -13.9% |
| Financial fixed assets | 28 | €1,923 | €1,923 | = | 0.0% |
| Current assets | 29/58 | €227,868 | €60,716 | -€167,152 | -73.4% |
| Amounts receivable within one year | 40/41 | €25,777 | €29,635 | +€3,858 | +15.0% |
| Trade receivables | 40 | €16,565 | €16,767 | +€202 | +1.2% |
| Other amounts receivable | 41 | €9,212 | €12,868 | +€3,656 | +39.7% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €2,091 | €29,377 | +€27,286 | +1,305% |
| Deferred charges and accrued income | 490/1 | - | €1,704 | +€1,704 | |
| Total equity and liabilities | 10/49 | €1,340,572 | €1,125,080 | -€215,492 | -16.1% |
| Equity | 10/15 | €169,357 | €125,553 | -€43,804 | -25.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,157 | €152,693 | -€10,464 | -6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €98,307 | €87,843 | -€10,464 | -10.6% |
| Distributable reserves | 133 | €62,990 | €62,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€33,340 | -€33,340 | |
| Provisions and deferred taxes | 16 | €50,620 | €45,232 | -€5,388 | -10.6% |
| Deferred taxes | 168 | €50,620 | €45,232 | -€5,388 | -10.6% |
| Amounts payable | 17/49 | €1,120,595 | €954,295 | -€166,300 | -14.8% |
| Amounts payable after more than one year | 17 | €140,351 | €112,281 | -€28,070 | -20.0% |
| Financial debts | 170/4 | €140,351 | €112,281 | -€28,070 | -20.0% |
| Amounts payable within one year | 42/48 | €980,144 | €842,014 | -€138,130 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €28,070 | €28,070 | = | 0.0% |
| Trade debts | 44 | €4,955 | €1,864 | -€3,091 | -62.4% |
| Suppliers | 440/4 | €4,955 | €1,864 | -€3,091 | -62.4% |
| Taxes, remuneration and social security | 45 | €27,564 | €28,988 | +€1,424 | +5.2% |
| Taxes | 450/3 | €27,564 | €28,988 | +€1,424 | +5.2% |
| Other amounts payable | 47/48 | €919,555 | €783,092 | -€136,463 | -14.8% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Non-recurring operating income | 76A | €298,025 | €30,000 | -€268,025 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,019 | €55,137 | +€2,118 | +4.0% |
| Other operating charges | 640/8 | €15,594 | €7,784 | -€7,810 | -50.1% |
| Gross operating margin | 9900 | €323,831 | €33,652 | -€290,179 | -89.6% |
| Operating profit (loss) | 9901 | €255,218 | -€29,269 | -€284,487 | |
| Financial income | 75/76B | - | €2,576 | +€2,576 | |
| Recurring financial income | 75 | - | €2,576 | +€2,576 | |
| Financial charges | 65/66B | €34,477 | €22,499 | -€11,978 | -34.7% |
| Recurring financial charges | 65 | €34,477 | €22,499 | -€11,978 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €220,741 | -€49,192 | -€269,933 | |
| Transfer from deferred taxes | 780 | €5,388 | €5,388 | = | 0.0% |
| Income taxes | 67/77 | €12,817 | - | -€12,817 | |
| Profit (loss) for the period | 9904 | €213,312 | -€43,804 | -€257,116 | |
| Transfer from tax-exempt reserves | 789 | €10,464 | €10,464 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €223,776 | -€33,340 | -€257,116 |
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 27 October 2026 via checked.be.