ABV 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.
ABV IMMO
Largest movements
- Tangible fixed assets +€439,516
up €439,516 (+14.4%), from €3.0m to €3.5m
of which Land and buildings: +€434,111
- Cash +€40,966
up €40,966 (+299.4%), from €13,683 to €54,650
mainly Debts after one year (+€249,177) and Net result for the year (+€180,137)
- Debts after one year +€249,177
up €249,177 (+72.2%), from €344,882 to €594,059
of which Other amounts payable: +€425,000
- Reserves +€180,137
up €180,137 (+6.4%), from €2.8m to €3.0m
of which Distributable reserves: +€180,137
- Gross operating margin +€38,806
up €38,806 (+10.7%), from €363,021 to €401,827
- Depreciation +€20,460
up €20,460 (+16.7%), from €122,662 to €143,122
- Financial income -€5,729
no longer reported in 2025 (was €5,729)
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 | €3,387,323 | €3,834,867 | +€447,544 | +13.2% |
| Fixed assets | 21/28 | €3,046,714 | €3,486,229 | +€439,516 | +14.4% |
| Tangible fixed assets | 22/27 | €3,046,714 | €3,486,229 | +€439,516 | +14.4% |
| Land and buildings | 22 | €3,024,807 | €3,458,918 | +€434,111 | +14.4% |
| Other tangible fixed assets | 26 | €21,906 | €27,311 | +€5,405 | +24.7% |
| Current assets | 29/58 | €340,609 | €348,638 | +€8,029 | +2.4% |
| Amounts receivable within one year | 40/41 | €326,812 | €291,603 | -€35,209 | -10.8% |
| Trade receivables | 40 | €24,232 | €38,747 | +€14,515 | +59.9% |
| Other amounts receivable | 41 | €302,579 | €252,856 | -€49,723 | -16.4% |
| Current investments | 50/53 | €114 | €114 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,683 | €54,650 | +€40,966 | +299.4% |
| Deferred charges and accrued income | 490/1 | - | €2,271 | +€2,271 | |
| Total equity and liabilities | 10/49 | €3,387,323 | €3,834,867 | +€447,544 | +13.2% |
| Equity | 10/15 | €2,848,407 | €3,028,545 | +€180,137 | +6.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €2,817,421 | €2,997,558 | +€180,137 | +6.4% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €2,814,322 | €2,994,459 | +€180,137 | +6.4% |
| Amounts payable | 17/49 | €538,915 | €806,322 | +€267,407 | +49.6% |
| Amounts payable after more than one year | 17 | €344,882 | €594,059 | +€249,177 | +72.2% |
| Financial debts | 170/4 | €219,882 | €44,059 | -€175,823 | -80.0% |
| Other amounts payable | 178/9 | €125,000 | €550,000 | +€425,000 | +340.0% |
| Amounts payable within one year | 42/48 | €194,033 | €212,263 | +€18,230 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €175,163 | €175,823 | +€660 | +0.4% |
| Trade debts | 44 | €4,924 | €24,504 | +€19,580 | +397.7% |
| Suppliers | 440/4 | €4,924 | €24,504 | +€19,580 | +397.7% |
| Taxes, remuneration and social security | 45 | €13,946 | €11,936 | -€2,010 | -14.4% |
| Taxes | 450/3 | €13,946 | €11,936 | -€2,010 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,662 | €143,122 | +€20,460 | +16.7% |
| Other operating charges | 640/8 | €21,455 | €23,151 | +€1,696 | +7.9% |
| Gross operating margin | 9900 | €363,021 | €401,827 | +€38,806 | +10.7% |
| Operating profit (loss) | 9901 | €218,903 | €235,553 | +€16,650 | +7.6% |
| Financial income | 75/76B | €5,729 | - | -€5,729 | |
| Recurring financial income | 75 | €5,729 | - | -€5,729 | |
| Financial charges | 65/66B | €3,535 | €2,037 | -€1,498 | -42.4% |
| Recurring financial charges | 65 | €3,535 | €2,037 | -€1,498 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €221,097 | €233,516 | +€12,419 | +5.6% |
| Income taxes | 67/77 | €50,274 | €53,379 | +€3,105 | +6.2% |
| Profit (loss) for the period | 9904 | €170,823 | €180,137 | +€9,315 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €170,823 | €180,137 | +€9,315 | +5.5% |
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 7 October 2026 via checked.be.