ABM 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.
ABM Immo
Largest movements
- Tangible fixed assets +€358,909
up €358,909 (+38.8%), from €925,607 to €1.3m
- Cash -€62,756
down €62,756 (-73.8%), from €84,982 to €22,226
mainly Investment in fixed assets (net) (-€388,558) and Net result for the year (-€237,372)
- Receivables within one year -€24,745
down €24,745 (-73.8%), from €33,527 to €8,782
of which Trade receivables: -€16,915
- Debts after one year +€335,505
up €335,505 (+58.7%), from €571,353 to €906,858
of which Financial debts: +€341,505
- Profit (loss) carried forward -€145,319
new in 2025: -€145,319
- Reserves -€92,053
no longer reported in 2025 (was €92,053)
- Revaluation surpluses +€59,220
new in 2025: €59,220
- Trade debts +€54,071
up €54,071 (+1,277%), from €4,235 to €58,306
- Depreciation -€53,452
down €53,452 (-64.3%), from €83,100 to €29,648
- Financial charges +€15,560
up €15,560 (+109%), from €14,284 to €29,845
- Gross operating margin -€13,489
down €13,489 (-16.8%), from €80,178 to €66,689
- Other operating charges -€4,919
down €4,919 (-88.7%), from €5,544 to €624
- Write-downs +€2,991
no longer reported in 2025 (was -€2,991)
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 | €1,044,116 | €1,319,609 | +€275,493 | +26.4% |
| Fixed assets | 21/28 | €925,607 | €1,284,517 | +€358,909 | +38.8% |
| Tangible fixed assets | 22/27 | €925,607 | €1,284,517 | +€358,909 | +38.8% |
| Land and buildings | 22 | €925,607 | €1,284,517 | +€358,909 | +38.8% |
| Current assets | 29/58 | €118,509 | €35,092 | -€83,416 | -70.4% |
| Amounts receivable within one year | 40/41 | €33,527 | €8,782 | -€24,745 | -73.8% |
| Trade receivables | 40 | €17,977 | €1,062 | -€16,915 | -94.1% |
| Other amounts receivable | 41 | €15,549 | €7,720 | -€7,830 | -50.4% |
| Cash at bank and in hand | 54/58 | €84,982 | €22,226 | -€62,756 | -73.8% |
| Deferred charges and accrued income | 490/1 | - | €4,084 | +€4,084 | |
| Total equity and liabilities | 10/49 | €1,044,116 | €1,319,609 | +€275,493 | +26.4% |
| Equity | 10/15 | €410,653 | €232,500 | -€178,152 | -43.4% |
| Contributions | 10/11 | €318,600 | €318,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €59,220 | +€59,220 | |
| Reserves | 13 | €92,053 | - | -€92,053 | |
| Distributable reserves | 133 | €92,053 | - | -€92,053 | |
| Profit (loss) carried forward | 14 | - | -€145,319 | -€145,319 | |
| Amounts payable | 17/49 | €633,463 | €1,087,109 | +€453,646 | +71.6% |
| Amounts payable after more than one year | 17 | €571,353 | €906,858 | +€335,505 | +58.7% |
| Financial debts | 170/4 | €537,153 | €878,658 | +€341,505 | +63.6% |
| Other amounts payable | 178/9 | €34,200 | €28,200 | -€6,000 | -17.5% |
| Amounts payable within one year | 42/48 | €60,626 | €180,251 | +€119,625 | +197% |
| Current portion of amounts payable after more than one year | 42 | €46,959 | €85,775 | +€38,816 | +82.7% |
| Trade debts | 44 | €4,235 | €58,306 | +€54,071 | +1,277% |
| Suppliers | 440/4 | €4,235 | €58,306 | +€54,071 | +1,277% |
| Advances received on contracts in progress | 46 | €9,432 | - | -€9,432 | |
| Other amounts payable | 47/48 | - | €36,169 | +€36,169 | |
| Accrued charges and deferred income | 492/3 | €1,485 | - | -€1,485 | |
| Non-recurring operating income | 76A | €15,298 | - | -€15,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,100 | €29,648 | -€53,452 | -64.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,991 | - | +€2,991 | |
| Other operating charges | 640/8 | €5,544 | €624 | -€4,919 | -88.7% |
| Non-recurring operating charges | 66A | - | €243,946 | +€243,946 | |
| Gross operating margin | 9900 | €80,178 | €66,689 | -€13,489 | -16.8% |
| Operating profit (loss) | 9901 | -€5,475 | -€207,530 | -€202,055 | -3,690% |
| Financial income | 75/76B | €327 | €2 | -€325 | -99.3% |
| Recurring financial income | 75 | €327 | €2 | -€325 | -99.3% |
| Financial charges | 65/66B | €14,284 | €29,845 | +€15,560 | +109% |
| Recurring financial charges | 65 | €14,284 | €29,845 | +€15,560 | +109% |
| Profit (loss) for the period before taxes | 9903 | -€19,433 | -€237,372 | -€217,940 | -1,122% |
| Profit (loss) for the period | 9904 | -€19,433 | -€237,372 | -€217,940 | -1,122% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,433 | -€237,372 | -€217,940 | -1,122% |
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 17 October 2026 via checked.be.