ADIMMOB: 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.
ADIMMOB
Largest movements
- Tangible fixed assets +€154,603
up €154,603 (+24.2%), from €637,801 to €792,404
- Debts after one year +€131,415
up €131,415 (+23.9%), from €550,184 to €681,599
- Other debts +€23,999
up €23,999 (+46.7%), from €51,361 to €75,361
- Profit (loss) carried forward -€11,905
no longer reported in 2025 (was €11,905)
- Current portion of long-term debt +€10,207
up €10,207 (+36.0%), from €28,366 to €38,573
- Gross operating margin +€14,101
up €14,101 (+28.8%), from €49,039 to €63,140
- Depreciation +€9,878
up €9,878 (+39.4%), from €25,040 to €34,918
- Financial charges +€3,630
up €3,630 (+30.1%), from €12,071 to €15,701
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 | €649,336 | €802,397 | +€153,061 | +23.6% |
| Fixed assets | 21/28 | €637,801 | €792,404 | +€154,603 | +24.2% |
| Tangible fixed assets | 22/27 | €637,801 | €792,404 | +€154,603 | +24.2% |
| Land and buildings | 22 | €637,801 | €792,404 | +€154,603 | +24.2% |
| Current assets | 29/58 | €11,535 | €9,993 | -€1,542 | -13.4% |
| Amounts receivable within one year | 40/41 | - | €704 | +€704 | |
| Trade receivables | 40 | - | €704 | +€704 | |
| Cash at bank and in hand | 54/58 | €10,013 | €7,949 | -€2,064 | -20.6% |
| Deferred charges and accrued income | 490/1 | €1,521 | €1,339 | -€182 | -12.0% |
| Total equity and liabilities | 10/49 | €649,336 | €802,397 | +€153,061 | +23.6% |
| Equity | 10/15 | €14,905 | €3,000 | -€11,905 | -79.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,905 | - | -€11,905 | |
| Amounts payable | 17/49 | €634,431 | €799,397 | +€164,966 | +26.0% |
| Amounts payable after more than one year | 17 | €550,184 | €681,599 | +€131,415 | +23.9% |
| Financial debts | 170/4 | €550,184 | €681,599 | +€131,415 | +23.9% |
| Amounts payable within one year | 42/48 | €83,021 | €116,135 | +€33,114 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €28,366 | €38,573 | +€10,207 | +36.0% |
| Trade debts | 44 | €317 | €317 | = | 0.0% |
| Suppliers | 440/4 | €317 | €317 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,976 | €1,884 | -€1,092 | -36.7% |
| Taxes | 450/3 | €2,976 | €1,884 | -€1,092 | -36.7% |
| Other amounts payable | 47/48 | €51,361 | €75,361 | +€23,999 | +46.7% |
| Accrued charges and deferred income | 492/3 | €1,225 | €1,663 | +€437 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,040 | €34,918 | +€9,878 | +39.4% |
| Other operating charges | 640/8 | €3,250 | €3,695 | +€445 | +13.7% |
| Gross operating margin | 9900 | €49,039 | €63,140 | +€14,101 | +28.8% |
| Operating profit (loss) | 9901 | €20,750 | €24,527 | +€3,778 | +18.2% |
| Financial charges | 65/66B | €12,071 | €15,701 | +€3,630 | +30.1% |
| Recurring financial charges | 65 | €12,071 | €15,701 | +€3,630 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €8,679 | €8,826 | +€147 | +1.7% |
| Income taxes | 67/77 | €1,736 | €1,884 | +€149 | +8.6% |
| Profit (loss) for the period | 9904 | €6,943 | €6,942 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,943 | €6,942 | -€1 | 0.0% |
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 6 October 2026 via checked.be.