2AL 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.
2AL IMMO
Largest movements
- Cash +€191,086
up €191,086 (+632.1%), from €30,233 to €221,319
mainly Investment in fixed assets (net) (+€81,175) and Net result for the year (+€79,566)
- Tangible fixed assets -€81,175
down €81,175 (-97.8%), from €83,034 to €1,859
of which Plant, machinery and equipment: -€76,217
- Other debts +€70,111
up €70,111, from €0 to €70,111
- Tax, wage and social debts +€58,971
up €58,971 (+1501.7%), from €3,927 to €62,899
- Profit (loss) carried forward -€20,434
down €20,434 (-36.5%), from €55,949 to €35,515
- Gross operating margin +€86,759
up €86,759 (+348.3%), from €24,913 to €111,671
- Taxes +€25,125
up €25,125 (+653.3%), from €3,846 to €28,971
- Depreciation -€7,798
no longer reported in 2025 (was €7,798)
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 | €115,008 | €223,178 | +€108,170 | +94.1% |
| Fixed assets | 21/28 | €83,034 | €1,859 | -€81,175 | -97.8% |
| Tangible fixed assets | 22/27 | €83,034 | €1,859 | -€81,175 | -97.8% |
| Land and buildings | 22 | €6,817 | €1,859 | -€4,958 | -72.7% |
| Plant, machinery and equipment | 23 | €76,217 | €0 | -€76,217 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €31,974 | €221,319 | +€189,345 | +592.2% |
| Amounts receivable within one year | 40/41 | €1,741 | €0 | -€1,741 | -100.0% |
| Trade receivables | 40 | €728 | €0 | -€728 | -100.0% |
| Other amounts receivable | 41 | €1,014 | €0 | -€1,014 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,233 | €221,319 | +€191,086 | +632.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €115,008 | €223,178 | +€108,170 | +94.1% |
| Equity | 10/15 | €108,846 | €88,411 | -€20,434 | -18.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,304 | €34,304 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,445 | €32,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,949 | €35,515 | -€20,434 | -36.5% |
| Amounts payable | 17/49 | €6,162 | €134,767 | +€128,604 | +2087.0% |
| Amounts payable after more than one year | 17 | €1,650 | €1,650 | = | 0.0% |
| Other amounts payable | 178/9 | €1,650 | €1,650 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,927 | €133,117 | +€129,189 | +3289.7% |
| Trade debts | 44 | €0 | €107 | +€107 | |
| Suppliers | 440/4 | €0 | €107 | +€107 | |
| Taxes, remuneration and social security | 45 | €3,927 | €62,899 | +€58,971 | +1501.7% |
| Taxes | 450/3 | €3,927 | €62,899 | +€58,971 | +1501.7% |
| Other amounts payable | 47/48 | €0 | €70,111 | +€70,111 | |
| Accrued charges and deferred income | 492/3 | €585 | €0 | -€585 | -100.0% |
| Non-recurring operating income | 76A | €19,804 | €121,363 | +€101,559 | +512.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,798 | - | -€7,798 | |
| Other operating charges | 640/8 | €1,211 | €2,038 | +€827 | +68.3% |
| Non-recurring operating charges | 66A | - | €1,050 | +€1,050 | |
| Gross operating margin | 9900 | €24,913 | €111,671 | +€86,759 | +348.3% |
| Operating profit (loss) | 9901 | €15,904 | €108,584 | +€92,680 | +582.8% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +3.0% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €15,859 | €108,537 | +€92,678 | +584.4% |
| Income taxes | 67/77 | €3,846 | €28,971 | +€25,125 | +653.3% |
| Profit (loss) for the period | 9904 | €12,013 | €79,566 | +€67,553 | +562.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,013 | €79,566 | +€67,553 | +562.3% |
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 29 September 2026 via checked.be.