IMMOBERNEAU: 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.
What changed
IMMOBERNEAU
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€8,674
2024 · -€12,914+€4,239
Equity
-€20,879
2024 · -€12,204-€8,674
Cash
€12,310
2024 · €10,567+€1,743
Balance sheet total
€1.1m
2024 · €1.1m-€38,660
Largest movements
Assets
- Tangible fixed assets -€37,905
down €37,905 (-3.4%), from €1.1m to €1.1m
Equity and liabilities
- Debts after one year -€37,967
down €37,967 (-6.4%), from €594,029 to €556,063
of which Financial debts: -€39,347
Income statement
- Gross operating margin +€4,506
up €4,506 (+9.3%), from €48,675 to €53,181
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.
Result 2024
-€12,914
Gross operating margin
+€4,506
Depreciation
-€0
Other operating charges
-€216
Financial charges
-€51
Result 2025
-€8,674
raises the resultlowers the result
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.
From operations
+€39,200
Investment
€0
Financing
-€37,458
Cash 2024
€10,567
From operations (derived)
+€39,200
Net result for the year
-€8,674
Depreciation
+€38,829
Receivables within one year
+€1,633
Deferred charges and accrued income
-€59
Trade debts
-€587
Other debts
+€6,709
Accrued charges and deferred income
+€1,350
Financing
-€37,458
Debts after one year
-€37,967
Current portion of long-term debt
+€509
Cash 2025
€12,310
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,144,207 | €1,105,547 | -€38,660 | -3.4% |
| Formation expenses | 20 | €1,155 | €231 | -€924 | -80.0% |
| Fixed assets | 21/28 | €1,129,403 | €1,091,498 | -€37,905 | -3.4% |
| Tangible fixed assets | 22/27 | €1,129,403 | €1,091,498 | -€37,905 | -3.4% |
| Land and buildings | 22 | €1,129,403 | €1,091,498 | -€37,905 | -3.4% |
| Current assets | 29/58 | €13,649 | €13,818 | +€169 | +1.2% |
| Amounts receivable within one year | 40/41 | €2,437 | €804 | -€1,633 | -67.0% |
| Other amounts receivable | 41 | €2,437 | €804 | -€1,633 | -67.0% |
| Cash at bank and in hand | 54/58 | €10,567 | €12,310 | +€1,743 | +16.5% |
| Deferred charges and accrued income | 490/1 | €645 | €705 | +€59 | +9.2% |
| Total equity and liabilities | 10/49 | €1,144,207 | €1,105,547 | -€38,660 | -3.4% |
| Equity | 10/15 | -€12,204 | -€20,879 | -€8,674 | -71.1% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,704 | -€83,379 | -€8,674 | -11.6% |
| Amounts payable | 17/49 | €1,156,412 | €1,126,426 | -€29,986 | -2.6% |
| Amounts payable after more than one year | 17 | €594,029 | €556,063 | -€37,967 | -6.4% |
| Financial debts | 170/4 | €594,029 | €554,683 | -€39,347 | -6.6% |
| Other amounts payable | 178/9 | - | €1,380 | +€1,380 | |
| Amounts payable within one year | 42/48 | €562,382 | €569,013 | +€6,631 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €34,557 | €35,066 | +€509 | +1.5% |
| Trade debts | 44 | €908 | €321 | -€587 | -64.7% |
| Suppliers | 440/4 | €908 | €321 | -€587 | -64.7% |
| Other amounts payable | 47/48 | €526,918 | €533,627 | +€6,709 | +1.3% |
| Accrued charges and deferred income | 492/3 | - | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,829 | €38,829 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,927 | €7,143 | +€216 | +3.1% |
| Gross operating margin | 9900 | €48,675 | €53,181 | +€4,506 | +9.3% |
| Operating profit (loss) | 9901 | €2,919 | €7,209 | +€4,290 | +147% |
| Financial charges | 65/66B | €15,833 | €15,883 | +€51 | +0.3% |
| Recurring financial charges | 65 | €15,833 | €15,883 | +€51 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,914 | -€8,674 | +€4,239 | +32.8% |
| Profit (loss) for the period | 9904 | -€12,914 | -€8,674 | +€4,239 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,914 | -€8,674 | +€4,239 | +32.8% |
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 21 October 2026 via checked.be.