A.S.C. - 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.S.C. - IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Tax, wage and social debts +€27,268
up €27,268 (+9.2%), from €296,976 to €324,245
- Profit (loss) carried forward -€25,511
down €25,511 (-3.4%), from €747,758 to €722,248
- Financial charges +€27,641
up €27,641 (+15599.5%), from €177 to €27,818
- Gross operating margin -€643
down €643 (-124.3%), from -€518 to -€1,161
- Financial income -€327
down €327 (-5.3%), from €6,159 to €5,832
- Taxes -€223
down €223 (-21.3%), from €1,047 to €824
- Depreciation -€117
down €117 (-20.7%), from €565 to €448
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 | €1,296,699 | €1,308,335 | +€11,636 | +0.9% |
| Fixed assets | 21/28 | €1,191,985 | €1,191,537 | -€448 | 0.0% |
| Tangible fixed assets | 22/27 | €21,985 | €21,537 | -€448 | -2.0% |
| Land and buildings | 22 | €21,985 | €21,537 | -€448 | -2.0% |
| Financial fixed assets | 28 | €1,170,000 | €1,170,000 | = | 0.0% |
| Current assets | 29/58 | €104,714 | €116,798 | +€12,084 | +11.5% |
| Amounts receivable within one year | 40/41 | €104,697 | €115,529 | +€10,832 | +10.3% |
| Other amounts receivable | 41 | €104,697 | €115,529 | +€10,832 | +10.3% |
| Cash at bank and in hand | 54/58 | €17 | €1,269 | +€1,252 | +7413.1% |
| Total equity and liabilities | 10/49 | €1,296,699 | €1,308,335 | +€11,636 | +0.9% |
| Equity | 10/15 | €919,754 | €894,243 | -€25,511 | -2.8% |
| 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% |
| Revaluation surpluses | 12 | €25,455 | €25,455 | = | 0.0% |
| Reserves | 13 | €84,540 | €84,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €78,340 | €78,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €747,758 | €722,248 | -€25,511 | -3.4% |
| Amounts payable | 17/49 | €376,945 | €414,091 | +€37,146 | +9.9% |
| Amounts payable within one year | 42/48 | €375,985 | €414,091 | +€38,107 | +10.1% |
| Trade debts | 44 | €968 | €972 | +€4 | +0.4% |
| Suppliers | 440/4 | €968 | €972 | +€4 | +0.4% |
| Taxes, remuneration and social security | 45 | €296,976 | €324,245 | +€27,268 | +9.2% |
| Taxes | 450/3 | €296,976 | €324,245 | +€27,268 | +9.2% |
| Other amounts payable | 47/48 | €78,041 | €88,875 | +€10,834 | +13.9% |
| Accrued charges and deferred income | 492/3 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565 | €448 | -€117 | -20.7% |
| Other operating charges | 640/8 | €1,058 | €1,092 | +€34 | +3.2% |
| Gross operating margin | 9900 | -€518 | -€1,161 | -€643 | -124.3% |
| Operating profit (loss) | 9901 | -€2,141 | -€2,701 | -€560 | -26.1% |
| Financial income | 75/76B | €6,159 | €5,832 | -€327 | -5.3% |
| Recurring financial income | 75 | €6,159 | €5,832 | -€327 | -5.3% |
| Financial charges | 65/66B | €177 | €27,818 | +€27,641 | +15599.5% |
| Recurring financial charges | 65 | €177 | €27,818 | +€27,641 | +15599.5% |
| Profit (loss) for the period before taxes | 9903 | €3,840 | -€24,687 | -€28,527 | |
| Income taxes | 67/77 | €1,047 | €824 | -€223 | -21.3% |
| Profit (loss) for the period | 9904 | €2,794 | -€25,511 | -€28,305 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,794 | -€25,511 | -€28,305 |
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.