A-LUX 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.
A-LUX IMMO
Largest movements
- Tangible fixed assets -€77,177
down €77,177 (-11.6%), from €663,036 to €585,859
- Cash +€42,829
up €42,829 (+1088.8%), from €3,934 to €46,762
mainly Investment in fixed assets (net) (+€56,660) and Net result for the year (+€22,539)
- Deferred charges and accrued income +€11,395
new in 2025: €11,395
- Receivables within one year +€6,950
new in 2025: €6,950
- Debts after one year -€26,037
down €26,037 (-4.5%), from €578,740 to €552,704
- Reserves +€22,539
up €22,539 (+558.1%), from €4,038 to €26,578
- Trade debts -€8,356
down €8,356 (-73.6%), from €11,346 to €2,990
- Gross operating margin +€16,637
up €16,637 (+31.5%), from €52,807 to €69,444
- Other operating charges -€5,078
down €5,078 (-47.4%), from €10,712 to €5,634
- Financial charges -€749
down €749 (-3.6%), from €20,827 to €20,079
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 | €666,970 | €650,967 | -€16,003 | -2.4% |
| Fixed assets | 21/28 | €663,036 | €585,859 | -€77,177 | -11.6% |
| Tangible fixed assets | 22/27 | €663,036 | €585,859 | -€77,177 | -11.6% |
| Land and buildings | 22 | €663,036 | €585,859 | -€77,177 | -11.6% |
| Current assets | 29/58 | €3,934 | €65,108 | +€61,174 | +1555.2% |
| Amounts receivable within one year | 40/41 | - | €6,950 | +€6,950 | |
| Other amounts receivable | 41 | - | €6,950 | +€6,950 | |
| Cash at bank and in hand | 54/58 | €3,934 | €46,762 | +€42,829 | +1088.8% |
| Deferred charges and accrued income | 490/1 | - | €11,395 | +€11,395 | |
| Total equity and liabilities | 10/49 | €666,970 | €650,967 | -€16,003 | -2.4% |
| Equity | 10/15 | €24,544 | €47,083 | +€22,539 | +91.8% |
| Contributions | 10/11 | €20,506 | €20,506 | = | 0.0% |
| Outside capital | 11 | €20,506 | €20,506 | = | 0.0% |
| Share premium | 1100/10 | €20,506 | €20,506 | = | 0.0% |
| Reserves | 13 | €4,038 | €26,578 | +€22,539 | +558.1% |
| Distributable reserves | 133 | €4,038 | €26,578 | +€22,539 | +558.1% |
| Amounts payable | 17/49 | €642,426 | €603,884 | -€38,542 | -6.0% |
| Amounts payable after more than one year | 17 | €578,740 | €552,704 | -€26,037 | -4.5% |
| Financial debts | 170/4 | €578,740 | €552,704 | -€26,037 | -4.5% |
| Amounts payable within one year | 42/48 | €63,685 | €51,180 | -€12,505 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €28,507 | €25,259 | -€3,248 | -11.4% |
| Financial debts | 43 | €14,991 | €14,957 | -€35 | -0.2% |
| Credit institutions | 430/8 | €14,991 | €14,957 | -€35 | -0.2% |
| Trade debts | 44 | €11,346 | €2,990 | -€8,356 | -73.6% |
| Suppliers | 440/4 | €11,346 | €2,990 | -€8,356 | -73.6% |
| Taxes, remuneration and social security | 45 | - | €675 | +€675 | |
| Taxes | 450/3 | - | €675 | +€675 | |
| Other amounts payable | 47/48 | €8,842 | €7,300 | -€1,542 | -17.4% |
| Non-recurring operating income | 76A | - | €11,124 | +€11,124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,518 | €20,518 | = | 0.0% |
| Other operating charges | 640/8 | €10,712 | €5,634 | -€5,078 | -47.4% |
| Gross operating margin | 9900 | €52,807 | €69,444 | +€16,637 | +31.5% |
| Operating profit (loss) | 9901 | €21,578 | €43,293 | +€21,715 | +100.6% |
| Financial charges | 65/66B | €20,827 | €20,079 | -€749 | -3.6% |
| Recurring financial charges | 65 | €20,827 | €20,079 | -€749 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €750 | €23,214 | +€22,464 | +2993.6% |
| Income taxes | 67/77 | - | €675 | +€675 | |
| Profit (loss) for the period | 9904 | €750 | €22,539 | +€21,789 | +2903.7% |
| Profit (loss) for the period to be appropriated | 9905 | €750 | €22,539 | +€21,789 | +2903.7% |
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 8 October 2026 via checked.be.