Adimmo Belgium: 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.
Adimmo Belgium
Largest movements
- Cash -€173,036
down €173,036 (-91.2%), from €189,743 to €16,707
mainly Debts after one year (-€400,837) and Contributions, distributions and other (-€123,331)
- Tangible fixed assets -€50,907
down €50,907 (-1.3%), from €3.9m to €3.9m
of which Land and buildings: -€113,789
- Debts after one year -€400,837
down €400,837 (-100%), from €400,837 to €0
- Other debts +€240,000
up €240,000 (+22.9%), from €1.0m to €1.3m
- Current portion of long-term debt -€72,061
down €72,061 (-86.9%), from €82,898 to €10,837
- Gross operating margin +€10,503
up €10,503 (+2.9%), from €358,132 to €368,634
- Depreciation +€6,009
up €6,009 (+4.9%), from €122,655 to €128,665
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 | €4,130,257 | €3,898,007 | -€232,250 | -5.6% |
| Fixed assets | 21/28 | €3,932,207 | €3,881,300 | -€50,907 | -1.3% |
| Tangible fixed assets | 22/27 | €3,932,207 | €3,881,300 | -€50,907 | -1.3% |
| Land and buildings | 22 | €3,932,006 | €3,818,217 | -€113,789 | -2.9% |
| Furniture and vehicles | 24 | €201 | €63,083 | +€62,882 | +31,313% |
| Current assets | 29/58 | €198,049 | €16,707 | -€181,342 | -91.6% |
| Amounts receivable within one year | 40/41 | €8,306 | €0 | -€8,306 | -100% |
| Other amounts receivable | 41 | €8,306 | €0 | -€8,306 | -100% |
| Cash at bank and in hand | 54/58 | €189,743 | €16,707 | -€173,036 | -91.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,130,257 | €3,898,007 | -€232,250 | -5.6% |
| Equity | 10/15 | €2,463,920 | €2,481,482 | +€17,561 | +0.7% |
| Contributions | 10/11 | €457,000 | €457,000 | = | 0.0% |
| Capital | 10 | €457,000 | €457,000 | = | 0.0% |
| Issued capital | 100 | €457,000 | €457,000 | = | 0.0% |
| Reserves | 13 | €2,006,920 | €2,024,482 | +€17,561 | +0.9% |
| Non-distributable reserves | 130/1 | €45,700 | €45,700 | = | 0.0% |
| Legal reserve | 130 | €45,700 | €45,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €239,195 | €188,083 | -€51,112 | -21.4% |
| Distributable reserves | 133 | €1,722,025 | €1,790,698 | +€68,673 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €113,513 | €87,195 | -€26,318 | -23.2% |
| Deferred taxes | 168 | €113,513 | €87,195 | -€26,318 | -23.2% |
| Amounts payable | 17/49 | €1,552,823 | €1,329,331 | -€223,492 | -14.4% |
| Amounts payable after more than one year | 17 | €400,837 | €0 | -€400,837 | -100% |
| Financial debts | 170/4 | €400,837 | €0 | -€400,837 | -100% |
| Amounts payable within one year | 42/48 | €1,151,800 | €1,323,970 | +€172,170 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €82,898 | €10,837 | -€72,061 | -86.9% |
| Trade debts | 44 | €3,807 | €2,927 | -€880 | -23.1% |
| Suppliers | 440/4 | €3,807 | €2,927 | -€880 | -23.1% |
| Taxes, remuneration and social security | 45 | €18,095 | €23,206 | +€5,111 | +28.2% |
| Taxes | 450/3 | €18,095 | €23,206 | +€5,111 | +28.2% |
| Other amounts payable | 47/48 | €1,047,000 | €1,287,000 | +€240,000 | +22.9% |
| Accrued charges and deferred income | 492/3 | €186 | €5,361 | +€5,174 | +2,776% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,655 | €128,665 | +€6,009 | +4.9% |
| Other operating charges | 640/8 | €31,125 | €31,898 | +€774 | +2.5% |
| Gross operating margin | 9900 | €358,132 | €368,634 | +€10,503 | +2.9% |
| Operating profit (loss) | 9901 | €204,351 | €208,071 | +€3,720 | +1.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,031 | €10,291 | +€2,260 | +28.1% |
| Recurring financial charges | 65 | €8,031 | €10,291 | +€2,260 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €196,320 | €197,780 | +€1,459 | +0.7% |
| Transfer from deferred taxes | 780 | €26,318 | €26,318 | = | 0.0% |
| Income taxes | 67/77 | €83,095 | €83,206 | +€111 | +0.1% |
| Profit (loss) for the period | 9904 | €139,544 | €140,892 | +€1,348 | +1.0% |
| Transfer from tax-exempt reserves | 789 | €51,112 | €51,112 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €190,655 | €192,004 | +€1,348 | +0.7% |
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 14 October 2026 via checked.be.