A.G.V. IMMO: 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.
A.G.V. IMMO
Largest movements
- Tangible fixed assets -€11,378
down €11,378 (-5.2%), from €220,278 to €208,900
- Profit (loss) carried forward -€14,949
down €14,949 (-27.6%), from -€54,214 to -€69,163
- Other debts +€3,565
up €3,565 (+2.0%), from €174,587 to €178,152
- Gross operating margin -€3,671
down €3,671, from €3,573 to -€98
- Financial charges -€138
down €138 (-100%), from €138 to €0
- Other operating charges +€64
up €64 (+1.9%), from €3,409 to €3,473
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 | €222,343 | €209,289 | -€13,055 | -5.9% |
| Fixed assets | 21/28 | €220,278 | €208,900 | -€11,378 | -5.2% |
| Tangible fixed assets | 22/27 | €220,278 | €208,900 | -€11,378 | -5.2% |
| Land and buildings | 22 | €220,278 | €208,900 | -€11,378 | -5.2% |
| Current assets | 29/58 | €2,066 | €388 | -€1,677 | -81.2% |
| Amounts receivable within one year | 40/41 | €1,676 | €0 | -€1,676 | -100% |
| Trade receivables | 40 | €1,676 | €0 | -€1,676 | -100% |
| Cash at bank and in hand | 54/58 | €73 | €21 | -€51 | -70.5% |
| Deferred charges and accrued income | 490/1 | €317 | €367 | +€50 | +15.8% |
| Total equity and liabilities | 10/49 | €222,343 | €209,289 | -€13,055 | -5.9% |
| Equity | 10/15 | €45,910 | €30,961 | -€14,949 | -32.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,214 | -€69,163 | -€14,949 | -27.6% |
| Amounts payable | 17/49 | €176,433 | €178,327 | +€1,894 | +1.1% |
| Amounts payable within one year | 42/48 | €176,433 | €178,327 | +€1,894 | +1.1% |
| Trade debts | 44 | €1,846 | €175 | -€1,671 | -90.5% |
| Suppliers | 440/4 | €1,846 | €175 | -€1,671 | -90.5% |
| Other amounts payable | 47/48 | €174,587 | €178,152 | +€3,565 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,378 | €11,378 | = | 0.0% |
| Other operating charges | 640/8 | €3,409 | €3,473 | +€64 | +1.9% |
| Gross operating margin | 9900 | €3,573 | -€98 | -€3,671 | |
| Operating profit (loss) | 9901 | -€11,214 | -€14,949 | -€3,735 | -33.3% |
| Financial charges | 65/66B | €138 | €0 | -€138 | -100% |
| Recurring financial charges | 65 | €138 | €0 | -€138 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€11,352 | -€14,949 | -€3,597 | -31.7% |
| Profit (loss) for the period | 9904 | -€11,352 | -€14,949 | -€3,597 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,352 | -€14,949 | -€3,597 | -31.7% |
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 20 October 2026 via checked.be.