AE 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.
AE IMMO
Largest movements
- Cash -€51,143
down €51,143 (-93.3%), from €54,827 to €3,684
mainly Contributions, distributions and other (-€319,994) and Investment in fixed assets (net) (-€50,105)
- Tangible fixed assets +€48,827
up €48,827 (+14.2%), from €343,122 to €391,949
- Receivables within one year -€16,500
no longer reported in 2025 (was €16,500)
- Contributions -€319,994
down €319,994 (-76.2%), from €420,000 to €100,006
- Other debts +€303,494
new in 2025: €303,494
- Profit (loss) carried forward -€7,319
down €7,319 (-122.8%), from -€5,962 to -€13,281
- Trade debts +€5,003
up €5,003 (+1218.1%), from €411 to €5,414
- Depreciation +€986
up €986 (+338.1%), from €292 to €1,278
- Other operating charges +€423
up €423 (+142.7%), from €296 to €719
- Financial income +€266
up €266 (+1449.8%), from €18 to €285
- Gross operating margin -€187
down €187 (-3.6%), from -€5,176 to -€5,363
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 | €414,449 | €395,633 | -€18,816 | -4.5% |
| Fixed assets | 21/28 | €343,122 | €391,949 | +€48,827 | +14.2% |
| Tangible fixed assets | 22/27 | €343,122 | €391,949 | +€48,827 | +14.2% |
| Land and buildings | 22 | €343,122 | €391,949 | +€48,827 | +14.2% |
| Current assets | 29/58 | €71,327 | €3,684 | -€67,643 | -94.8% |
| Amounts receivable within one year | 40/41 | €16,500 | - | -€16,500 | |
| Other amounts receivable | 41 | €16,500 | - | -€16,500 | |
| Cash at bank and in hand | 54/58 | €54,827 | €3,684 | -€51,143 | -93.3% |
| Total equity and liabilities | 10/49 | €414,449 | €395,633 | -€18,816 | -4.5% |
| Equity | 10/15 | €414,038 | €86,725 | -€327,313 | -79.1% |
| Contributions | 10/11 | €420,000 | €100,006 | -€319,994 | -76.2% |
| Profit (loss) carried forward | 14 | -€5,962 | -€13,281 | -€7,319 | -122.8% |
| Amounts payable | 17/49 | €411 | €308,907 | +€308,497 | +75114.9% |
| Amounts payable within one year | 42/48 | €411 | €308,907 | +€308,497 | +75114.9% |
| Trade debts | 44 | €411 | €5,414 | +€5,003 | +1218.1% |
| Suppliers | 440/4 | €411 | €5,414 | +€5,003 | +1218.1% |
| Other amounts payable | 47/48 | - | €303,494 | +€303,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €292 | €1,278 | +€986 | +338.1% |
| Other operating charges | 640/8 | €296 | €719 | +€423 | +142.7% |
| Gross operating margin | 9900 | -€5,176 | -€5,363 | -€187 | -3.6% |
| Operating profit (loss) | 9901 | -€5,764 | -€7,360 | -€1,596 | -27.7% |
| Financial income | 75/76B | €18 | €285 | +€266 | +1449.8% |
| Recurring financial income | 75 | €18 | €285 | +€266 | +1449.8% |
| Financial charges | 65/66B | €217 | €244 | +€27 | +12.6% |
| Recurring financial charges | 65 | €217 | €244 | +€27 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,962 | -€7,319 | -€1,357 | -22.8% |
| Profit (loss) for the period | 9904 | -€5,962 | -€7,319 | -€1,357 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,962 | -€7,319 | -€1,357 | -22.8% |
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 9 October 2026 via checked.be.