A.I.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.I.V. IMMO
Largest movements
- Cash -€5,032
down €5,032 (-3.1%), from €161,105 to €156,074
mainly Contributions, distributions and other (-€17,307) and Other debts (-€5,390)
- Other debts -€5,390
down €5,390 (-4.2%), from €129,770 to €124,380
- Accrued charges and deferred income +€5,008
up €5,008 (+164%), from €3,063 to €8,072
- Reserves -€3,512
down €3,512 (-3.7%), from €94,771 to €91,259
- Financial charges +€4,994
up €4,994 (+160%), from €3,121 to €8,115
- Gross operating margin +€1,164
up €1,164 (+3.7%), from €31,248 to €32,412
- Taxes -€1,057
down €1,057 (-14.1%), from €7,494 to €6,438
- Depreciation -€568
down €568 (-33.3%), from €1,705 to €1,137
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 | €246,307 | €242,311 | -€3,996 | -1.6% |
| Fixed assets | 21/28 | €82,021 | €80,884 | -€1,137 | -1.4% |
| Tangible fixed assets | 22/27 | €82,021 | €80,884 | -€1,137 | -1.4% |
| Land and buildings | 22 | €82,021 | €80,884 | -€1,137 | -1.4% |
| Current assets | 29/58 | €164,286 | €161,427 | -€2,859 | -1.7% |
| Amounts receivable within one year | 40/41 | €1,700 | €3,814 | +€2,114 | +124% |
| Other amounts receivable | 41 | €1,700 | €3,814 | +€2,114 | +124% |
| Cash at bank and in hand | 54/58 | €161,105 | €156,074 | -€5,032 | -3.1% |
| Deferred charges and accrued income | 490/1 | €1,481 | €1,539 | +€58 | +3.9% |
| Total equity and liabilities | 10/49 | €246,307 | €242,311 | -€3,996 | -1.6% |
| Equity | 10/15 | €113,371 | €109,859 | -€3,512 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,771 | €91,259 | -€3,512 | -3.7% |
| Distributable reserves | 133 | €94,771 | €91,259 | -€3,512 | -3.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €132,936 | €132,451 | -€485 | -0.4% |
| Amounts payable within one year | 42/48 | €129,873 | €124,380 | -€5,493 | -4.2% |
| Trade debts | 44 | €103 | €0 | -€103 | -100% |
| Suppliers | 440/4 | €103 | €0 | -€103 | -100% |
| Other amounts payable | 47/48 | €129,770 | €124,380 | -€5,390 | -4.2% |
| Accrued charges and deferred income | 492/3 | €3,063 | €8,072 | +€5,008 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,705 | €1,137 | -€568 | -33.3% |
| Other operating charges | 640/8 | €3,515 | €3,627 | +€111 | +3.2% |
| Gross operating margin | 9900 | €31,248 | €32,412 | +€1,164 | +3.7% |
| Operating profit (loss) | 9901 | €26,028 | €27,648 | +€1,621 | +6.2% |
| Financial income | 75/76B | €647 | €699 | +€53 | +8.1% |
| Recurring financial income | 75 | €647 | €699 | +€53 | +8.1% |
| Financial charges | 65/66B | €3,121 | €8,115 | +€4,994 | +160% |
| Recurring financial charges | 65 | €3,121 | €8,115 | +€4,994 | +160% |
| Profit (loss) for the period before taxes | 9903 | €23,553 | €20,232 | -€3,321 | -14.1% |
| Income taxes | 67/77 | €7,494 | €6,438 | -€1,057 | -14.1% |
| Profit (loss) for the period | 9904 | €16,059 | €13,795 | -€2,264 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,059 | €13,795 | -€2,264 | -14.1% |
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 18 October 2026 via checked.be.