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BS IMMO: 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.

What changed

BS IMMO

BE 0802.792.091
NACE 66.300, Activities auxiliary to financial services and insurance activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,675
2024 · -€20,290+€16,615
Equity
-€21,966
2024 · -€18,290-€3,675
Cash
€5,396
2024 · €793+€4,603
Balance sheet total
€231,808
2024 · €242,828-€11,020

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€9,182

    down €9,182 (-4.1%), from €221,712 to €212,530

    of which Land and buildings: -€5,168

  • Receivables within one year -€7,136

    down €7,136 (-76.6%), from €9,319 to €2,183

    of which Trade receivables: -€5,564

  • Cash +€4,603

    up €4,603 (+580.2%), from €793 to €5,396

    mainly Depreciation (+€9,182) and Receivables within one year (+€7,136)

Equity and liabilities
  • Debts after one year -€8,658

    down €8,658 (-6.0%), from €143,191 to €134,533

    of which Financial debts: -€8,658

  • Profit (loss) carried forward -€3,675

    down €3,675 (-18.1%), from -€20,290 to -€23,966

Income statement
  • Gross operating margin +€15,999

    up €15,999 (+306.5%), from €5,220 to €21,219

  • Depreciation +€2,215

    up €2,215 (+31.8%), from €6,967 to €9,182

  • Financial charges -€1,497

    down €1,497 (-18.0%), from €8,326 to €6,829

  • Other operating charges -€1,334

    down €1,334 (-13.1%), from €10,217 to €8,883

From the 2024 result to the 2025 result

effect on the 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 -€20,290
Gross operating margin +€15,999
Depreciation -€2,215
Other operating charges +€1,334
Financial charges +€1,497
Result 2025 -€3,675

Cash bridge derived

cash 2024 to 2025

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 +€12,920
Investment €0
Financing -€8,317
Cash 2024 €793
Net result for the year -€3,675
Depreciation +€9,182
Stocks and contracts -€695
Receivables within one year +€7,136
Trade debts -€759
Tax, wage and social debts +€801
Other debts +€931
Debts after one year -€8,658
Current portion of long-term debt +€340
Cash 2025 €5,396
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €242,828 €231,808 -€11,020 -4.5%
Fixed assets 21/28 €222,162 €212,980 -€9,182 -4.1%
Tangible fixed assets 22/27 €221,712 €212,530 -€9,182 -4.1%
Land and buildings 22 €189,902 €184,734 -€5,168 -2.7%
Furniture and vehicles 24 €4,640 €3,547 -€1,093 -23.6%
Other tangible fixed assets 26 €27,170 €24,249 -€2,921 -10.8%
Financial fixed assets 28 €450 €450 = 0.0%
Current assets 29/58 €20,666 €18,828 -€1,838 -8.9%
Stocks and contracts in progress 3 €10,554 €11,249 +€695 +6.6%
Stocks 30/36 €10,554 €11,249 +€695 +6.6%
Amounts receivable within one year 40/41 €9,319 €2,183 -€7,136 -76.6%
Trade receivables 40 €7,747 €2,183 -€5,564 -71.8%
Other amounts receivable 41 €1,572 - -€1,572
Cash at bank and in hand 54/58 €793 €5,396 +€4,603 +580.2%
Total equity and liabilities 10/49 €242,828 €231,808 -€11,020 -4.5%
Equity 10/15 -€18,290 -€21,966 -€3,675 -20.1%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€20,290 -€23,966 -€3,675 -18.1%
Amounts payable 17/49 €261,118 €253,773 -€7,345 -2.8%
Amounts payable after more than one year 17 €143,191 €134,533 -€8,658 -6.0%
Financial debts 170/4 €142,391 €133,733 -€8,658 -6.1%
Other amounts payable 178/9 €800 €800 = 0.0%
Amounts payable within one year 42/48 €117,927 €119,240 +€1,313 +1.1%
Current portion of amounts payable after more than one year 42 €8,317 €8,658 +€340 +4.1%
Trade debts 44 €14,182 €13,422 -€759 -5.4%
Suppliers 440/4 €14,182 €13,422 -€759 -5.4%
Taxes, remuneration and social security 45 €292 €1,093 +€801 +274.2%
Taxes 450/3 €292 €1,093 +€801 +274.2%
Other amounts payable 47/48 €95,136 €96,067 +€931 +1.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,967 €9,182 +€2,215 +31.8%
Other operating charges 640/8 €10,217 €8,883 -€1,334 -13.1%
Gross operating margin 9900 €5,220 €21,219 +€15,999 +306.5%
Operating profit (loss) 9901 -€11,965 €3,153 +€15,118
Financial charges 65/66B €8,326 €6,829 -€1,497 -18.0%
Recurring financial charges 65 €8,326 €6,829 -€1,497 -18.0%
Profit (loss) for the period before taxes 9903 -€20,290 -€3,675 +€16,615 +81.9%
Profit (loss) for the period 9904 -€20,290 -€3,675 +€16,615 +81.9%
Profit (loss) for the period to be appropriated 9905 -€20,290 -€3,675 +€16,615 +81.9%

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 8 October 2026 via checked.be.