A&Y 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&Y IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€394
no longer reported in 2025 (was -€394)
- Financial charges -€281
down €281 (-57.1%), from €492 to €211
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 | €2,345,611 | €2,342,595 | -€3,016 | -0.1% |
| Formation expenses | 20 | €2,050 | €2,050 | = | 0.0% |
| Fixed assets | 21/28 | €2,335,000 | €2,335,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,335,000 | €2,335,000 | = | 0.0% |
| Current assets | 29/58 | €8,561 | €5,545 | -€3,016 | -35.2% |
| Cash at bank and in hand | 54/58 | €8,561 | €5,545 | -€3,016 | -35.2% |
| Total equity and liabilities | 10/49 | €2,345,611 | €2,342,595 | -€3,016 | -0.1% |
| Equity | 10/15 | €46,843 | €46,631 | -€211 | -0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,157 | -€3,369 | -€211 | -6.7% |
| Amounts payable | 17/49 | €2,298,768 | €2,295,963 | -€2,804 | -0.1% |
| Amounts payable within one year | 42/48 | €2,298,768 | €2,295,963 | -€2,804 | -0.1% |
| Other amounts payable | 47/48 | €2,298,768 | €2,295,963 | -€2,804 | -0.1% |
| Gross operating margin | 9900 | -€394 | - | +€394 | |
| Operating profit (loss) | 9901 | -€394 | - | +€394 | |
| Financial charges | 65/66B | €492 | €211 | -€281 | -57.1% |
| Recurring financial charges | 65 | €492 | €211 | -€281 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | -€887 | -€211 | +€675 | +76.2% |
| Profit (loss) for the period | 9904 | -€887 | -€211 | +€675 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€887 | -€211 | +€675 | +76.2% |
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 15 October 2026 via checked.be.