IMMO W. BENS: 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 W. BENS
Largest movements
- Tangible fixed assets +€263,731
up €263,731 (+258%), from €102,344 to €366,075
- Current investments -€77,075
down €77,075 (-85.7%), from €89,963 to €12,888
- Cash -€6,507
down €6,507 (-59.0%), from €11,036 to €4,529
mainly Investment in fixed assets (net) (-€276,214) and Trade debts (-€711)
- Other debts +€177,187
up €177,187 (+160%), from €110,688 to €287,875
- Gross operating margin +€3,949
up €3,949 (+24.9%), from €15,879 to €19,828
- Depreciation +€3,108
up €3,108 (+33.2%), from €9,375 to €12,483
- Financial charges +€2,180
up €2,180 (+3,460%), from €63 to €2,243
- Taxes -€589
down €589 (-33.6%), from €1,754 to €1,165
- Other operating charges +€257
up €257 (+20.3%), from €1,264 to €1,521
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 | €203,551 | €383,886 | +€180,335 | +88.6% |
| Fixed assets | 21/28 | €102,344 | €366,075 | +€263,731 | +258% |
| Tangible fixed assets | 22/27 | €102,344 | €366,075 | +€263,731 | +258% |
| Land and buildings | 22 | €102,344 | €366,075 | +€263,731 | +258% |
| Current assets | 29/58 | €101,207 | €17,811 | -€83,396 | -82.4% |
| Current investments | 50/53 | €89,963 | €12,888 | -€77,075 | -85.7% |
| Cash at bank and in hand | 54/58 | €11,036 | €4,529 | -€6,507 | -59.0% |
| Deferred charges and accrued income | 490/1 | €208 | €394 | +€186 | +89.4% |
| Total equity and liabilities | 10/49 | €203,551 | €383,886 | +€180,335 | +88.6% |
| Equity | 10/15 | €89,885 | €92,925 | +€3,040 | +3.4% |
| Contributions | 10/11 | €67,852 | €67,852 | = | 0.0% |
| Reserves | 13 | €21,672 | €21,672 | = | 0.0% |
| Distributable reserves | 133 | €21,672 | €21,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €361 | €3,401 | +€3,040 | +842% |
| Amounts payable | 17/49 | €113,666 | €290,961 | +€177,295 | +156% |
| Amounts payable within one year | 42/48 | €111,522 | €288,817 | +€177,295 | +159% |
| Trade debts | 44 | €711 | - | -€711 | |
| Suppliers | 440/4 | €711 | - | -€711 | |
| Taxes, remuneration and social security | 45 | €123 | €942 | +€819 | +666% |
| Taxes | 450/3 | €123 | €942 | +€819 | +666% |
| Other amounts payable | 47/48 | €110,688 | €287,875 | +€177,187 | +160% |
| Accrued charges and deferred income | 492/3 | €2,144 | €2,144 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,375 | €12,483 | +€3,108 | +33.2% |
| Other operating charges | 640/8 | €1,264 | €1,521 | +€257 | +20.3% |
| Gross operating margin | 9900 | €15,879 | €19,828 | +€3,949 | +24.9% |
| Operating profit (loss) | 9901 | €5,240 | €5,824 | +€584 | +11.1% |
| Financial income | 75/76B | €439 | €624 | +€185 | +42.1% |
| Recurring financial income | 75 | €439 | €624 | +€185 | +42.1% |
| Financial charges | 65/66B | €63 | €2,243 | +€2,180 | +3,460% |
| Recurring financial charges | 65 | €63 | €2,243 | +€2,180 | +3,460% |
| Profit (loss) for the period before taxes | 9903 | €5,616 | €4,205 | -€1,411 | -25.1% |
| Income taxes | 67/77 | €1,754 | €1,165 | -€589 | -33.6% |
| Profit (loss) for the period | 9904 | €3,862 | €3,040 | -€822 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,862 | €3,040 | -€822 | -21.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.