AD-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.
AD-IMMO
Largest movements
- Cash +€48,202
up €48,202 (+23.9%), from €201,963 to €250,165
mainly Net result for the year (+€16,106) and Deferred charges and accrued income (+€14,612)
- Deferred charges and accrued income -€14,612
no longer reported in 2024 (was €14,612)
- Receivables within one year +€5,841
up €5,841 (+51.1%), from €11,432 to €17,273
- Reserves +€16,106
up €16,106 (+10.6%), from €151,634 to €167,740
- Tax, wage and social debts +€11,329
up €11,329 (+45.0%), from €25,162 to €36,491
of which Taxes: +€11,130
- Trade debts +€7,113
up €7,113 (+27.9%), from €25,461 to €32,575
- Other debts +€4,883
up €4,883 (+33.8%), from €14,450 to €19,333
- Taxes -€6,203
down €6,203 (-50.8%), from €12,215 to €6,012
- Gross operating margin -€3,365
down €3,365 (-5.0%), from €67,395 to €64,030
- Other operating charges +€2,672
up €2,672 (+215.4%), from €1,240 to €3,912
- Financial charges +€2,405
up €2,405 (+539.2%), from €446 to €2,851
- Depreciation -€1,721
no longer reported in 2024 (was €1,721)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,107 | €268,538 | +€39,431 | +17.2% |
| Fixed assets | 21/28 | €1,100 | €1,100 | = | 0.0% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €228,007 | €267,438 | +€39,431 | +17.3% |
| Amounts receivable within one year | 40/41 | €11,432 | €17,273 | +€5,841 | +51.1% |
| Trade receivables | 40 | €11,432 | €17,273 | +€5,841 | +51.1% |
| Cash at bank and in hand | 54/58 | €201,963 | €250,165 | +€48,202 | +23.9% |
| Deferred charges and accrued income | 490/1 | €14,612 | - | -€14,612 | |
| Total equity and liabilities | 10/49 | €229,107 | €268,538 | +€39,431 | +17.2% |
| Equity | 10/15 | €164,034 | €180,140 | +€16,106 | +9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,634 | €167,740 | +€16,106 | +10.6% |
| Distributable reserves | 133 | €151,634 | €167,740 | +€16,106 | +10.6% |
| Amounts payable | 17/49 | €65,073 | €88,399 | +€23,325 | +35.8% |
| Amounts payable within one year | 42/48 | €65,073 | €88,399 | +€23,325 | +35.8% |
| Trade debts | 44 | €25,461 | €32,575 | +€7,113 | +27.9% |
| Suppliers | 440/4 | €25,461 | €32,575 | +€7,113 | +27.9% |
| Taxes, remuneration and social security | 45 | €25,162 | €36,491 | +€11,329 | +45.0% |
| Taxes | 450/3 | €18,390 | €29,521 | +€11,130 | +60.5% |
| Remuneration and social security | 454/9 | €6,772 | €6,970 | +€198 | +2.9% |
| Other amounts payable | 47/48 | €14,450 | €19,333 | +€4,883 | +33.8% |
| Remuneration, social security and pensions | 62 | €34,720 | €35,149 | +€428 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,721 | - | -€1,721 | |
| Other operating charges | 640/8 | €1,240 | €3,912 | +€2,672 | +215.4% |
| Gross operating margin | 9900 | €67,395 | €64,030 | -€3,365 | -5.0% |
| Operating profit (loss) | 9901 | €29,713 | €24,969 | -€4,744 | -16.0% |
| Financial charges | 65/66B | €446 | €2,851 | +€2,405 | +539.2% |
| Recurring financial charges | 65 | €446 | €2,851 | +€2,405 | +539.2% |
| Profit (loss) for the period before taxes | 9903 | €29,267 | €22,118 | -€7,149 | -24.4% |
| Income taxes | 67/77 | €12,215 | €6,012 | -€6,203 | -50.8% |
| Profit (loss) for the period | 9904 | €17,052 | €16,106 | -€946 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,052 | €16,106 | -€946 | -5.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.