A3 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.
A3 IMMO
Largest movements
- Tangible fixed assets -€43,103
down €43,103 (-3.8%), from €1.1m to €1.1m
- Debts after one year -€70,777
down €70,777 (-12.8%), from €551,194 to €480,417
- Other debts +€51,436
up €51,436 (+19.1%), from €269,823 to €321,259
- Trade debts -€16,147
down €16,147 (-84.1%), from €19,208 to €3,061
- Gross operating margin +€9,227
up €9,227 (+11.3%), from €81,621 to €90,847
- Other operating charges +€4,058
up €4,058 (+47.1%), from €8,617 to €12,674
- Financial charges -€1,850
down €1,850 (-4.8%), from €38,218 to €36,368
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 | €1,160,035 | €1,115,031 | -€45,004 | -3.9% |
| Fixed assets | 21/28 | €1,132,770 | €1,089,667 | -€43,103 | -3.8% |
| Tangible fixed assets | 22/27 | €1,132,770 | €1,089,667 | -€43,103 | -3.8% |
| Land and buildings | 22 | €1,132,770 | €1,089,667 | -€43,103 | -3.8% |
| Current assets | 29/58 | €27,266 | €25,364 | -€1,902 | -7.0% |
| Cash at bank and in hand | 54/58 | €16,373 | €16,022 | -€351 | -2.1% |
| Deferred charges and accrued income | 490/1 | €10,892 | €9,342 | -€1,550 | -14.2% |
| Total equity and liabilities | 10/49 | €1,160,035 | €1,115,031 | -€45,004 | -3.9% |
| Equity | 10/15 | €243,301 | €232,776 | -€10,525 | -4.3% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,699 | -€92,224 | -€10,525 | -12.9% |
| Amounts payable | 17/49 | €916,734 | €882,255 | -€34,479 | -3.8% |
| Amounts payable after more than one year | 17 | €551,194 | €480,417 | -€70,777 | -12.8% |
| Financial debts | 170/4 | €551,194 | €480,417 | -€70,777 | -12.8% |
| Amounts payable within one year | 42/48 | €364,065 | €401,088 | +€37,023 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €68,887 | €70,777 | +€1,890 | +2.7% |
| Trade debts | 44 | €19,208 | €3,061 | -€16,147 | -84.1% |
| Suppliers | 440/4 | €19,208 | €3,061 | -€16,147 | -84.1% |
| Taxes, remuneration and social security | 45 | €6,147 | €5,991 | -€156 | -2.5% |
| Taxes | 450/3 | €6,147 | €5,991 | -€156 | -2.5% |
| Other amounts payable | 47/48 | €269,823 | €321,259 | +€51,436 | +19.1% |
| Accrued charges and deferred income | 492/3 | €1,475 | €750 | -€725 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,611 | €52,330 | +€719 | +1.4% |
| Other operating charges | 640/8 | €8,617 | €12,674 | +€4,058 | +47.1% |
| Gross operating margin | 9900 | €81,621 | €90,847 | +€9,227 | +11.3% |
| Operating profit (loss) | 9901 | €21,393 | €25,843 | +€4,450 | +20.8% |
| Financial charges | 65/66B | €38,218 | €36,368 | -€1,850 | -4.8% |
| Recurring financial charges | 65 | €38,218 | €36,368 | -€1,850 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,825 | -€10,525 | +€6,300 | +37.4% |
| Profit (loss) for the period | 9904 | -€16,825 | -€10,525 | +€6,300 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,825 | -€10,525 | +€6,300 | +37.4% |
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 8 October 2026 via checked.be.