A2T 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.
A2T IMMO
Largest movements
- Tangible fixed assets -€2,640
down €2,640 (-3.0%), from €88,880 to €86,240
- Cash -€1,123
down €1,123 (-66.4%), from €1,691 to €568
mainly Debts after one year (-€7,578) and Tax, wage and social debts (-€85)
- Debts after one year -€7,578
down €7,578 (-12.9%), from €58,730 to €51,152
of which Financial debts: -€7,578
- Profit (loss) carried forward +€1,836
up €1,836 (+12.6%), from €14,560 to €16,396
- Depreciation +€896
up €896 (+33.5%), from €2,677 to €3,573
- Other operating charges +€787
new in 2025: €787
- Taxes -€566
down €566 (-42.6%), from €1,328 to €762
- Financial charges +€556
up €556 (+41.4%), from €1,344 to €1,900
- Gross operating margin -€170
down €170 (-1.9%), from €9,029 to €8,859
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 | €95,470 | €90,253 | -€5,216 | -5.5% |
| Formation expenses | 20 | €933 | - | -€933 | |
| Fixed assets | 21/28 | €88,880 | €86,240 | -€2,640 | -3.0% |
| Tangible fixed assets | 22/27 | €88,880 | €86,240 | -€2,640 | -3.0% |
| Land and buildings | 22 | €88,880 | €86,240 | -€2,640 | -3.0% |
| Current assets | 29/58 | €5,657 | €4,013 | -€1,643 | -29.0% |
| Amounts receivable within one year | 40/41 | €3,966 | €3,446 | -€520 | -13.1% |
| Trade receivables | 40 | €3,446 | €3,446 | = | 0.0% |
| Other amounts receivable | 41 | €520 | - | -€520 | |
| Cash at bank and in hand | 54/58 | €1,691 | €568 | -€1,123 | -66.4% |
| Total equity and liabilities | 10/49 | €95,470 | €90,253 | -€5,216 | -5.5% |
| Equity | 10/15 | €20,760 | €22,596 | +€1,836 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,560 | €16,396 | +€1,836 | +12.6% |
| Amounts payable | 17/49 | €74,709 | €67,657 | -€7,052 | -9.4% |
| Amounts payable after more than one year | 17 | €58,730 | €51,152 | -€7,578 | -12.9% |
| Financial debts | 170/4 | €45,231 | €37,653 | -€7,578 | -16.8% |
| Other amounts payable | 178/9 | €13,499 | €13,499 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,979 | €16,505 | +€526 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €7,222 | €7,260 | +€38 | +0.5% |
| Trade debts | 44 | €1,208 | €1,584 | +€376 | +31.1% |
| Suppliers | 440/4 | €1,208 | €1,584 | +€376 | +31.1% |
| Taxes, remuneration and social security | 45 | €1,252 | €1,167 | -€85 | -6.8% |
| Taxes | 450/3 | €1,252 | €1,167 | -€85 | -6.8% |
| Other amounts payable | 47/48 | €6,297 | €6,494 | +€197 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,677 | €3,573 | +€896 | +33.5% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €9,029 | €8,859 | -€170 | -1.9% |
| Operating profit (loss) | 9901 | €6,352 | €4,499 | -€1,853 | -29.2% |
| Financial charges | 65/66B | €1,344 | €1,900 | +€556 | +41.4% |
| Recurring financial charges | 65 | €1,344 | €1,900 | +€556 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €5,008 | €2,598 | -€2,410 | -48.1% |
| Income taxes | 67/77 | €1,328 | €762 | -€566 | -42.6% |
| Profit (loss) for the period | 9904 | €3,679 | €1,836 | -€1,843 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,679 | €1,836 | -€1,843 | -50.1% |
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.