AD IMMO PRO: 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 PRO
Largest movements
- Tangible fixed assets +€107,373
up €107,373 (+372%), from €28,849 to €136,222
- Stocks and contracts +€29,679
up €29,679 (+24.7%), from €120,321 to €150,000
- Other debts +€280,310
up €280,310 (+278%), from €100,877 to €381,187
- Debts after one year -€84,206
no longer reported in 2025 (was €84,206)
- Profit (loss) carried forward -€50,929
down €50,929 (-116%), from -€43,936 to -€94,866
- Current portion of long-term debt -€5,872
no longer reported in 2025 (was €5,872)
- Other operating charges +€17,508
up €17,508 (+910%), from €1,923 to €19,431
- Depreciation +€17,418
up €17,418 (+1,937%), from €899 to €18,317
- Gross operating margin -€12,216
down €12,216, from €1,716 to -€10,500
- Financial charges +€168
up €168 (+6.7%), from €2,513 to €2,681
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 | €153,218 | €292,807 | +€139,589 | +91.1% |
| Fixed assets | 21/28 | €28,849 | €136,222 | +€107,373 | +372% |
| Tangible fixed assets | 22/27 | €28,849 | €136,222 | +€107,373 | +372% |
| Land and buildings | 22 | €28,849 | €136,222 | +€107,373 | +372% |
| Current assets | 29/58 | €124,369 | €156,585 | +€32,216 | +25.9% |
| Stocks and contracts in progress | 3 | €120,321 | €150,000 | +€29,679 | +24.7% |
| Stocks | 30/36 | €120,321 | €150,000 | +€29,679 | +24.7% |
| Amounts receivable within one year | 40/41 | €85 | €85 | = | 0.0% |
| Other amounts receivable | 41 | €85 | €85 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,672 | €5,478 | +€1,806 | +49.2% |
| Deferred charges and accrued income | 490/1 | €291 | €1,022 | +€730 | +251% |
| Total equity and liabilities | 10/49 | €153,218 | €292,807 | +€139,589 | +91.1% |
| Equity | 10/15 | -€37,736 | -€88,666 | -€50,929 | -135% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,936 | -€94,866 | -€50,929 | -116% |
| Amounts payable | 17/49 | €190,954 | €381,473 | +€190,518 | +99.8% |
| Amounts payable after more than one year | 17 | €84,206 | - | -€84,206 | |
| Financial debts | 170/4 | €84,206 | - | -€84,206 | |
| Amounts payable within one year | 42/48 | €106,749 | €381,473 | +€274,724 | +257% |
| Current portion of amounts payable after more than one year | 42 | €5,872 | - | -€5,872 | |
| Trade debts | 44 | - | €286 | +€286 | |
| Suppliers | 440/4 | - | €286 | +€286 | |
| Other amounts payable | 47/48 | €100,877 | €381,187 | +€280,310 | +278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €18,317 | +€17,418 | +1,937% |
| Other operating charges | 640/8 | €1,923 | €19,431 | +€17,508 | +910% |
| Gross operating margin | 9900 | €1,716 | -€10,500 | -€12,216 | |
| Operating profit (loss) | 9901 | -€1,107 | -€48,249 | -€47,142 | -4,259% |
| Financial charges | 65/66B | €2,513 | €2,681 | +€168 | +6.7% |
| Recurring financial charges | 65 | €2,513 | €2,681 | +€168 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,619 | -€50,929 | -€47,310 | -1,307% |
| Profit (loss) for the period | 9904 | -€3,619 | -€50,929 | -€47,310 | -1,307% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,619 | -€50,929 | -€47,310 | -1,307% |
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 14 October 2026 via checked.be.