A.T. 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.T. IMMO
Largest movements
- Tangible fixed assets -€50,474
down €50,474 (-5.4%), from €939,436 to €888,962
- Debts after one year -€42,763
down €42,763 (-5.0%), from €861,842 to €819,079
of which Other amounts payable: -€22,615
- Profit (loss) carried forward -€29,517
down €29,517 (-138.8%), from -€21,264 to -€50,781
- Accrued charges and deferred income +€17,021
up €17,021 (+199.8%), from €8,519 to €25,540
- Gross operating margin +€25,302
up €25,302 (+57.5%), from €44,032 to €69,334
- Financial charges +€23,916
up €23,916 (+121.6%), from €19,665 to €43,581
- Depreciation +€18,609
up €18,609 (+56.4%), from €32,995 to €51,604
- Other operating charges +€2,435
up €2,435 (+197.8%), from €1,231 to €3,666
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 | €948,258 | €888,963 | -€59,295 | -6.3% |
| Formation expenses | 20 | €1,130 | - | -€1,130 | |
| Fixed assets | 21/28 | €939,436 | €888,962 | -€50,474 | -5.4% |
| Tangible fixed assets | 22/27 | €939,436 | €888,962 | -€50,474 | -5.4% |
| Land and buildings | 22 | €939,436 | €888,962 | -€50,474 | -5.4% |
| Current assets | 29/58 | €7,692 | €1 | -€7,691 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,692 | €1 | -€7,691 | -100.0% |
| Total equity and liabilities | 10/49 | €948,258 | €888,963 | -€59,295 | -6.3% |
| Equity | 10/15 | €38,736 | €9,219 | -€29,517 | -76.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,264 | -€50,781 | -€29,517 | -138.8% |
| Amounts payable | 17/49 | €909,522 | €879,744 | -€29,778 | -3.3% |
| Amounts payable after more than one year | 17 | €861,842 | €819,079 | -€42,763 | -5.0% |
| Financial debts | 170/4 | €584,247 | €564,099 | -€20,148 | -3.4% |
| Other amounts payable | 178/9 | €277,595 | €254,980 | -€22,615 | -8.1% |
| Amounts payable within one year | 42/48 | €39,161 | €35,125 | -€4,036 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €33,966 | €30,055 | -€3,911 | -11.5% |
| Trade debts | 44 | €2,237 | €2,421 | +€184 | +8.2% |
| Suppliers | 440/4 | €2,237 | €2,421 | +€184 | +8.2% |
| Advances received on contracts in progress | 46 | €2,958 | €2,649 | -€309 | -10.4% |
| Accrued charges and deferred income | 492/3 | €8,519 | €25,540 | +€17,021 | +199.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,995 | €51,604 | +€18,609 | +56.4% |
| Other operating charges | 640/8 | €1,231 | €3,666 | +€2,435 | +197.8% |
| Gross operating margin | 9900 | €44,032 | €69,334 | +€25,302 | +57.5% |
| Operating profit (loss) | 9901 | €9,806 | €14,064 | +€4,258 | +43.4% |
| Financial charges | 65/66B | €19,665 | €43,581 | +€23,916 | +121.6% |
| Recurring financial charges | 65 | €19,665 | €43,581 | +€23,916 | +121.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,859 | -€29,517 | -€19,658 | -199.4% |
| Profit (loss) for the period | 9904 | -€9,859 | -€29,517 | -€19,658 | -199.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,859 | -€29,517 | -€19,658 | -199.4% |
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 4 October 2026 via checked.be.