AFIMMO.BE: 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.
AFIMMO.BE
Largest movements
- Stocks and contracts -€112,632
no longer reported in 2025 (was €112,632)
- Cash +€46,365
up €46,365 (+28.7%), from €161,714 to €208,079
mainly Stocks and contracts (+€112,632) and Receivables within one year (+€13,940)
- Receivables within one year -€13,940
down €13,940 (-49.7%), from €28,029 to €14,089
of which Other amounts receivable: -€28,029
- Financial fixed assets -€3,300
no longer reported in 2025 (was €3,300)
- Other debts -€84,200
down €84,200 (-62.8%), from €134,125 to €49,925
- Trade debts -€15,041
down €15,041 (-66.9%), from €22,492 to €7,451
- Tax, wage and social debts +€8,506
up €8,506 (+43.0%), from €19,788 to €28,294
- Reserves +€6,672
up €6,672 (+16.0%), from €41,739 to €48,411
- Gross operating margin -€131,670
down €131,670 (-83.8%), from €157,128 to €25,458
- Financial charges -€8,994
down €8,994 (-67.1%), from €13,405 to €4,411
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 | €309,548 | €225,485 | -€84,063 | -27.2% |
| Fixed assets | 21/28 | €5,337 | €3,317 | -€2,020 | -37.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,037 | €3,317 | +€1,280 | +62.8% |
| Furniture and vehicles | 24 | €2,037 | €3,317 | +€1,280 | +62.8% |
| Financial fixed assets | 28 | €3,300 | - | -€3,300 | |
| Current assets | 29/58 | €304,211 | €222,168 | -€82,043 | -27.0% |
| Stocks and contracts in progress | 3 | €112,632 | - | -€112,632 | |
| Stocks | 30/36 | €112,632 | - | -€112,632 | |
| Amounts receivable within one year | 40/41 | €28,029 | €14,089 | -€13,940 | -49.7% |
| Trade receivables | 40 | - | €14,089 | +€14,089 | |
| Other amounts receivable | 41 | €28,029 | - | -€28,029 | |
| Cash at bank and in hand | 54/58 | €161,714 | €208,079 | +€46,365 | +28.7% |
| Deferred charges and accrued income | 490/1 | €1,836 | - | -€1,836 | |
| Total equity and liabilities | 10/49 | €309,548 | €225,485 | -€84,063 | -27.2% |
| Equity | 10/15 | €133,143 | €139,815 | +€6,672 | +5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,739 | €48,411 | +€6,672 | +16.0% |
| Non-distributable reserves | 130/1 | €41,739 | €48,411 | +€6,672 | +16.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €39,879 | €46,551 | +€6,672 | +16.7% |
| Profit (loss) carried forward | 14 | €79,004 | €79,004 | = | 0.0% |
| Amounts payable | 17/49 | €176,405 | €85,670 | -€90,735 | -51.4% |
| Amounts payable within one year | 42/48 | €176,405 | €85,670 | -€90,735 | -51.4% |
| Trade debts | 44 | €22,492 | €7,451 | -€15,041 | -66.9% |
| Suppliers | 440/4 | €22,492 | €7,451 | -€15,041 | -66.9% |
| Taxes, remuneration and social security | 45 | €19,788 | €28,294 | +€8,506 | +43.0% |
| Taxes | 450/3 | €19,788 | €28,294 | +€8,506 | +43.0% |
| Other amounts payable | 47/48 | €134,125 | €49,925 | -€84,200 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,283 | €1,009 | -€274 | -21.4% |
| Other operating charges | 640/8 | €2,151 | €1,342 | -€809 | -37.6% |
| Gross operating margin | 9900 | €157,128 | €25,458 | -€131,670 | -83.8% |
| Operating profit (loss) | 9901 | €153,694 | €23,107 | -€130,587 | -85.0% |
| Financial income | 75/76B | €78 | €23 | -€55 | -70.5% |
| Recurring financial income | 75 | €78 | €23 | -€55 | -70.5% |
| Financial charges | 65/66B | €13,405 | €4,411 | -€8,994 | -67.1% |
| Recurring financial charges | 65 | €13,405 | €4,411 | -€8,994 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €140,367 | €18,719 | -€121,648 | -86.7% |
| Income taxes | 67/77 | €10,488 | €12,047 | +€1,559 | +14.9% |
| Profit (loss) for the period | 9904 | €129,879 | €6,672 | -€123,207 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €129,879 | €6,672 | -€123,207 | -94.9% |
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.