A.J.S. 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.J.S. IMMO
Largest movements
- Tangible fixed assets -€25,850
down €25,850 (-2.7%), from €967,726 to €941,876
of which Land and buildings: -€34,277
- Reserves -€19,915
down €19,915 (-4.8%), from €417,620 to €397,705
of which Tax-exempt reserves: -€19,915
- Gross operating margin +€4,183
up €4,183 (+26.7%), from €15,655 to €19,839
- Depreciation +€1,322
up €1,322 (+3.1%), from €42,786 to €44,109
- Other operating charges +€201
up €201 (+5.4%), from €3,716 to €3,917
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 | €977,843 | €947,306 | -€30,537 | -3.1% |
| Fixed assets | 21/28 | €967,726 | €941,876 | -€25,850 | -2.7% |
| Tangible fixed assets | 22/27 | €967,726 | €941,876 | -€25,850 | -2.7% |
| Land and buildings | 22 | €921,351 | €887,074 | -€34,277 | -3.7% |
| Furniture and vehicles | 24 | €2,431 | €2,026 | -€405 | -16.6% |
| Other tangible fixed assets | 26 | €43,943 | €52,775 | +€8,831 | +20.1% |
| Current assets | 29/58 | €10,117 | €5,430 | -€4,687 | -46.3% |
| Cash at bank and in hand | 54/58 | €8,987 | €4,282 | -€4,705 | -52.4% |
| Deferred charges and accrued income | 490/1 | €1,130 | €1,148 | +€19 | +1.7% |
| Total equity and liabilities | 10/49 | €977,843 | €947,306 | -€30,537 | -3.1% |
| Equity | 10/15 | €355,244 | €328,234 | -€27,010 | -7.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €417,620 | €397,705 | -€19,915 | -4.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €411,420 | €391,505 | -€19,915 | -4.8% |
| Profit (loss) carried forward | 14 | -€124,376 | -€131,471 | -€7,095 | -5.7% |
| Provisions and deferred taxes | 16 | €137,140 | €130,502 | -€6,638 | -4.8% |
| Deferred taxes | 168 | €137,140 | €130,502 | -€6,638 | -4.8% |
| Amounts payable | 17/49 | €485,458 | €488,570 | +€3,112 | +0.6% |
| Amounts payable within one year | 42/48 | €485,458 | €487,180 | +€1,722 | +0.4% |
| Trade debts | 44 | €800 | €322 | -€478 | -59.8% |
| Suppliers | 440/4 | €800 | €322 | -€478 | -59.8% |
| Other amounts payable | 47/48 | €484,659 | €486,859 | +€2,200 | +0.5% |
| Accrued charges and deferred income | 492/3 | €0 | €1,390 | +€1,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,786 | €44,109 | +€1,322 | +3.1% |
| Other operating charges | 640/8 | €3,716 | €3,917 | +€201 | +5.4% |
| Non-recurring operating charges | 66A | €4,060 | €5,301 | +€1,241 | +30.6% |
| Gross operating margin | 9900 | €15,655 | €19,839 | +€4,183 | +26.7% |
| Operating profit (loss) | 9901 | -€34,907 | -€33,488 | +€1,419 | +4.1% |
| Financial income | 75/76B | €191 | €0 | -€191 | -100% |
| Recurring financial income | 75 | €191 | €0 | -€191 | -100% |
| Financial charges | 65/66B | €152 | €161 | +€8 | +5.5% |
| Recurring financial charges | 65 | €152 | €161 | +€8 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,869 | -€33,648 | +€1,220 | +3.5% |
| Transfer from deferred taxes | 780 | €6,638 | €6,638 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€28,230 | -€27,010 | +€1,220 | +4.3% |
| Transfer from tax-exempt reserves | 789 | €19,915 | €19,915 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,315 | -€7,095 | +€1,220 | +14.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.