ACL 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.
What changed
ACL IMMO
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€162,773
2024 · €122,942+€39,830
Equity
€885,149
2024 · €757,376+€127,773
Cash
€450,111
2024 · €136,312+€313,799
Balance sheet total
€1.2m
2024 · €1.1m+€47,958
Largest movements
Assets
- Cash +€313,799
up €313,799 (+230%), from €136,312 to €450,111
mainly Current investments (+€250,000) and Net result for the year (+€162,773)
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
Equity and liabilities
- Profit (loss) carried forward +€127,773
up €127,773 (+24.8%), from €514,205 to €641,978
- Debts after one year -€39,800
down €39,800 (-16.1%), from €247,136 to €207,335
of which Financial debts: -€39,800
- Other debts -€33,250
down €33,250 (-48.6%), from €68,461 to €35,211
- Current portion of long-term debt -€20,563
down €20,563 (-34.1%), from €60,363 to €39,800
- Tax, wage and social debts +€13,799
up €13,799 (+330%), from €4,182 to €17,980
of which Taxes: +€13,799
Income statement
- Gross operating margin +€50,730
up €50,730 (+24.8%), from €204,200 to €254,930
- Taxes +€14,900
up €14,900 (+32.4%), from €45,959 to €60,860
- Financial income +€3,735
up €3,735 (+84.5%), from €4,422 to €8,157
of which Financial income: +€3,735
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
€122,942
Gross operating margin
+€50,730
Other operating charges
-€761
Financial income
+€3,735
Financial charges
+€1,027
Taxes
-€14,900
Result 2025
€162,773
raises the resultlowers the result
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
+€159,162
Investment
+€250,000
Financing
-€95,363
Cash 2024
€136,312
From operations (derived)
+€159,162
Net result for the year
+€162,773
Depreciation
+€9,039
Receivables within one year
+€6,842
Deferred charges and accrued income
-€41
Tax, wage and social debts
+€13,799
Other debts
-€33,250
Investment (derived)
+€250,000
Current investments
+€250,000
Financing
-€95,363
Debts after one year
-€39,800
Current portion of long-term debt
-€20,563
Contributions, distributions and other
-€35,000
Cash 2025
€450,111
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,137,518 | €1,185,476 | +€47,958 | +4.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €716,861 | €707,822 | -€9,039 | -1.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €716,861 | €707,822 | -€9,039 | -1.3% |
| Land and buildings | 22 | €696,769 | €690,075 | -€6,694 | -1.0% |
| Plant, machinery and equipment | 23 | €20,092 | €17,746 | -€2,345 | -11.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €420,657 | €477,655 | +€56,997 | +13.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,286 | €21,444 | -€6,842 | -24.2% |
| Trade receivables | 40 | €28,286 | €21,444 | -€6,842 | -24.2% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €136,312 | €450,111 | +€313,799 | +230% |
| Deferred charges and accrued income | 490/1 | €6,059 | €6,099 | +€41 | +0.7% |
| Total equity and liabilities | 10/49 | €1,137,518 | €1,185,476 | +€47,958 | +4.2% |
| Equity | 10/15 | €757,376 | €885,149 | +€127,773 | +16.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €181,197 | €181,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €181,197 | €181,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €514,205 | €641,978 | +€127,773 | +24.8% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €380,142 | €300,327 | -€79,814 | -21.0% |
| Amounts payable after more than one year | 17 | €247,136 | €207,335 | -€39,800 | -16.1% |
| Financial debts | 170/4 | €247,136 | €207,335 | -€39,800 | -16.1% |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €133,006 | €92,992 | -€40,014 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €60,363 | €39,800 | -€20,563 | -34.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,182 | €17,980 | +€13,799 | +330% |
| Taxes | 450/3 | €4,182 | €17,980 | +€13,799 | +330% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €68,461 | €35,211 | -€33,250 | -48.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,039 | €9,039 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €26,701 | €27,462 | +€761 | +2.8% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €204,200 | €254,930 | +€50,730 | +24.8% |
| Operating profit (loss) | 9901 | €168,459 | €218,428 | +€49,969 | +29.7% |
| Financial income | 75/76B | €4,422 | €8,157 | +€3,735 | +84.5% |
| Recurring financial income | 75 | €4,422 | €8,157 | +€3,735 | +84.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,980 | €2,953 | -€1,027 | -25.8% |
| Recurring financial charges | 65 | €3,980 | €2,953 | -€1,027 | -25.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €168,901 | €223,632 | +€54,731 | +32.4% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €45,959 | €60,860 | +€14,900 | +32.4% |
| Profit (loss) for the period | 9904 | €122,942 | €162,773 | +€39,830 | +32.4% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €122,942 | €162,773 | +€39,830 | +32.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.