ABRIMMO: 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.
What changed
ABRIMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€79,199
2024 · €110,101-€30,901
Equity
€5.1m
2024 · €5.1m+€79,199
Cash
€674,685
2024 · €370,906+€303,778
Balance sheet total
€12.8m
2024 · €12.5m+€357,338
Largest movements
Assets
- Receivables within one year +€401,116
up €401,116 (+610%), from €65,788 to €466,904
of which Other amounts receivable: +€372,860
- Cash +€303,778
up €303,778 (+81.9%), from €370,906 to €674,685
mainly Debts after one year (+€487,183) and Depreciation (+€253,470)
- Tangible fixed assets -€237,073
down €237,073 (-3.0%), from €7.8m to €7.6m
of which Land and buildings: -€211,500
Equity and liabilities
- Debts after one year +€487,183
up €487,183 (+8.3%), from €5.8m to €6.3m
- Current portion of long-term debt -€153,795
down €153,795 (-35.6%), from €431,953 to €278,159
Income statement
- Depreciation -€135,249
down €135,249 (-34.8%), from €388,719 to €253,470
- Gross operating margin -€87,134
down €87,134 (-14.9%), from €585,507 to €498,374
- Financial income -€57,073
down €57,073 (-55.8%), from €102,319 to €45,246
- Taxes +€44,949
up €44,949 (+505%), from €8,901 to €53,850
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.
Result 2024
€110,101
Gross operating margin
-€87,134
Depreciation
+€135,249
Other operating charges
-€1,740
Other operating items
+€104,240
Financial income
-€57,073
Financial charges
-€1,284
Taxes
-€44,949
Deferred taxes and other
-€78,210
Result 2025
€79,199
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€104,461
Investment
+€74,852
Financing
+€333,388
Cash 2024
€370,906
From operations (derived)
-€104,461
Net result for the year
+€79,199
Depreciation
+€253,470
Receivables after one year
+€20,760
Receivables within one year
-€401,116
Deferred charges and accrued income
-€1,526
Provisions
-€52,514
Trade debts
-€9,812
Tax, wage and social debts
+€169
Accrued charges and deferred income
+€6,908
Investment (derived)
+€74,852
Investment in fixed assets (net)
-€16,397
Current investments
+€91,249
Financing
+€333,388
Debts after one year
+€487,183
Current portion of long-term debt
-€153,795
Cash 2025
€674,685
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,481,855 | €12,839,193 | +€357,338 | +2.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,880,348 | €8,643,275 | -€237,073 | -2.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €7,826,628 | €7,589,555 | -€237,073 | -3.0% |
| Land and buildings | 22 | €7,750,391 | €7,538,891 | -€211,500 | -2.7% |
| Plant, machinery and equipment | 23 | €15,913 | €9,335 | -€6,578 | -41.3% |
| Furniture and vehicles | 24 | €60,325 | €41,330 | -€18,995 | -31.5% |
| Financial fixed assets | 28 | €1,053,720 | €1,053,720 | = | 0.0% |
| Current assets | 29/58 | €3,601,507 | €4,195,919 | +€594,411 | +16.5% |
| Amounts receivable after more than one year | 29 | €1,039,475 | €1,018,715 | -€20,760 | -2.0% |
| Other amounts receivable | 291 | €1,039,475 | €1,018,715 | -€20,760 | -2.0% |
| Amounts receivable within one year | 40/41 | €65,788 | €466,904 | +€401,116 | +610% |
| Trade receivables | 40 | €8,260 | €36,516 | +€28,256 | +342% |
| Other amounts receivable | 41 | €57,528 | €430,388 | +€372,860 | +648% |
| Current investments | 50/53 | €2,119,878 | €2,028,629 | -€91,249 | -4.3% |
| Cash at bank and in hand | 54/58 | €370,906 | €674,685 | +€303,778 | +81.9% |
| Deferred charges and accrued income | 490/1 | €5,460 | €6,986 | +€1,526 | +28.0% |
| Total equity and liabilities | 10/49 | €12,481,855 | €12,839,193 | +€357,338 | +2.9% |
| Equity | 10/15 | €5,053,162 | €5,132,361 | +€79,199 | +1.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €5,046,964 | €5,126,163 | +€79,199 | +1.6% |
| Non-distributable reserves | 130/1 | €81,827 | €81,827 | = | 0.0% |
| Reserves not available under the articles | 1311 | €81,827 | €81,827 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,259,812 | €3,102,269 | -€157,543 | -4.8% |
| Distributable reserves | 133 | €1,705,326 | €1,942,067 | +€236,742 | +13.9% |
| Provisions and deferred taxes | 16 | €1,086,604 | €1,034,090 | -€52,514 | -4.8% |
| Deferred taxes | 168 | €1,086,604 | €1,034,090 | -€52,514 | -4.8% |
| Amounts payable | 17/49 | €6,342,089 | €6,672,743 | +€330,653 | +5.2% |
| Amounts payable after more than one year | 17 | €5,842,894 | €6,330,077 | +€487,183 | +8.3% |
| Financial debts | 170/4 | €5,842,894 | €6,330,077 | +€487,183 | +8.3% |
| Amounts payable within one year | 42/48 | €456,162 | €292,724 | -€163,438 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €431,953 | €278,159 | -€153,795 | -35.6% |
| Trade debts | 44 | €11,044 | €1,232 | -€9,812 | -88.8% |
| Suppliers | 440/4 | €11,044 | €1,232 | -€9,812 | -88.8% |
| Taxes, remuneration and social security | 45 | €13,164 | €13,333 | +€169 | +1.3% |
| Taxes | 450/3 | €13,164 | €13,333 | +€169 | +1.3% |
| Accrued charges and deferred income | 492/3 | €43,033 | €49,941 | +€6,908 | +16.1% |
| Non-recurring operating income | 76A | €197,087 | - | -€197,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388,719 | €253,470 | -€135,249 | -34.8% |
| Other operating charges | 640/8 | €44,937 | €46,677 | +€1,740 | +3.9% |
| Non-recurring operating charges | 66A | €125,000 | €20,760 | -€104,240 | -83.4% |
| Gross operating margin | 9900 | €585,507 | €498,374 | -€87,134 | -14.9% |
| Operating profit (loss) | 9901 | €26,852 | €177,466 | +€150,614 | +561% |
| Financial income | 75/76B | €102,319 | €45,246 | -€57,073 | -55.8% |
| Recurring financial income | 75 | €102,319 | €45,246 | -€57,073 | -55.8% |
| Financial charges | 65/66B | €140,894 | €142,177 | +€1,284 | +0.9% |
| Recurring financial charges | 65 | €140,894 | €142,177 | +€1,284 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,723 | €80,535 | +€92,257 | |
| Transfer from deferred taxes | 780 | €130,724 | €52,514 | -€78,210 | -59.8% |
| Income taxes | 67/77 | €8,901 | €53,850 | +€44,949 | +505% |
| Profit (loss) for the period | 9904 | €110,101 | €79,199 | -€30,901 | -28.1% |
| Transfer from tax-exempt reserves | 789 | €392,173 | €157,543 | -€234,630 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €502,274 | €236,742 | -€265,532 | -52.9% |
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.