A-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-IMMO
Largest movements
- Financial fixed assets +€5.1m
up €5.1m (+285.4%), from €1.8m to €6.9m
- Contributions +€5.1m
up €5.1m (+2724.6%), from €187,074 to €5.3m
- Financial charges +€16,929
up €16,929, from -€7,888 to €9,041
- Taxes -€5,778
down €5,778 (-95.1%), from €6,074 to €295
- Gross operating margin -€4,000
down €4,000 (-25.2%), from €15,884 to €11,884
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 | €1,806,316 | €6,926,817 | +€5.1m | +283.5% |
| Fixed assets | 21/28 | €1,785,740 | €6,882,740 | +€5.1m | +285.4% |
| Financial fixed assets | 28 | €1,785,740 | €6,882,740 | +€5.1m | +285.4% |
| Current assets | 29/58 | €20,576 | €44,077 | +€23,501 | +114.2% |
| Amounts receivable within one year | 40/41 | €18,000 | €24,000 | +€6,000 | +33.3% |
| Trade receivables | 40 | €18,000 | €24,000 | +€6,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €2,576 | €20,077 | +€17,501 | +679.4% |
| Total equity and liabilities | 10/49 | €1,806,316 | €6,926,817 | +€5.1m | +283.5% |
| Equity | 10/15 | €1,159,568 | €6,257,655 | +€5.1m | +439.7% |
| Contributions | 10/11 | €187,074 | €5,284,074 | +€5.1m | +2724.6% |
| Reserves | 13 | €972,494 | €973,581 | +€1,087 | +0.1% |
| Distributable reserves | 133 | €972,494 | €973,581 | +€1,087 | +0.1% |
| Amounts payable | 17/49 | €646,748 | €669,162 | +€22,413 | +3.5% |
| Amounts payable after more than one year | 17 | €287,244 | €298,244 | +€11,000 | +3.8% |
| Other amounts payable | 178/9 | €287,244 | €298,244 | +€11,000 | +3.8% |
| Amounts payable within one year | 42/48 | €359,504 | €362,057 | +€2,552 | +0.7% |
| Trade debts | 44 | €300 | €2,557 | +€2,257 | +752.4% |
| Suppliers | 440/4 | €300 | €2,557 | +€2,257 | +752.4% |
| Taxes, remuneration and social security | 45 | €6,074 | €6,369 | +€295 | +4.9% |
| Taxes | 450/3 | €6,074 | €6,369 | +€295 | +4.9% |
| Other amounts payable | 47/48 | €353,131 | €353,131 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €8,861 | +€8,861 | |
| Other operating charges | 640/8 | €1,483 | €1,460 | -€23 | -1.6% |
| Gross operating margin | 9900 | €15,884 | €11,884 | -€4,000 | -25.2% |
| Operating profit (loss) | 9901 | €14,401 | €10,424 | -€3,977 | -27.6% |
| Financial charges | 65/66B | -€7,888 | €9,041 | +€16,929 | |
| Recurring financial charges | 65 | -€7,888 | €9,041 | +€16,929 | |
| Profit (loss) for the period before taxes | 9903 | €22,288 | €1,383 | -€20,906 | -93.8% |
| Income taxes | 67/77 | €6,074 | €295 | -€5,778 | -95.1% |
| Profit (loss) for the period | 9904 | €16,215 | €1,087 | -€15,127 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,215 | €1,087 | -€15,127 | -93.3% |
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 10 October 2026 via checked.be.