AFIMO IMMOBILIEN: 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.
What changed
AFIMO IMMOBILIEN
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,617
2024 · €71,958-€61,341
Equity
€572,327
2024 · €561,710+€10,617
Cash
€9,599
2024 · €43,098-€33,499
Balance sheet total
€1.5m
2024 · €1.5m-€50,080
Largest movements
Assets
- Cash -€33,499
down €33,499 (-77.7%), from €43,098 to €9,599
mainly Debts after one year (-€77,609) and Receivables within one year (-€6,723)
Equity and liabilities
- Debts after one year -€77,609
down €77,609 (-12.8%), from €607,348 to €529,740
- Other debts +€18,000
up €18,000 (+7.7%), from €234,713 to €252,713
Income statement
- Gross operating margin -€55,188
down €55,188 (-22.2%), from €248,098 to €192,910
- Staff costs +€6,016
up €6,016 (+4.1%), from €148,398 to €154,414
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.
Result 2024
€71,958
Gross operating margin
-€55,188
Staff costs
-€6,016
Other operating charges
-€652
Financial income
+€210
Financial charges
+€301
Taxes
+€3
Result 2025
€10,617
raises the resultlowers the result
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.
From operations
+€42,668
Investment
€0
Financing
-€76,167
Cash 2024
€43,098
From operations (derived)
+€42,668
Net result for the year
+€10,617
Depreciation
+€11,420
Receivables within one year
-€6,723
Deferred charges and accrued income
+€11,884
Trade debts
+€3,328
Tax, wage and social debts
-€5,858
Other debts
+€18,000
Financing
-€76,167
Debts after one year
-€77,609
Current portion of long-term debt
+€1,441
Cash 2025
€9,599
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,505,755 | €1,455,676 | -€50,080 | -3.3% |
| Fixed assets | 21/28 | €1,330,557 | €1,319,137 | -€11,420 | -0.9% |
| Tangible fixed assets | 22/27 | €586,877 | €575,457 | -€11,420 | -1.9% |
| Land and buildings | 22 | €569,678 | €563,498 | -€6,180 | -1.1% |
| Furniture and vehicles | 24 | €17,198 | €11,958 | -€5,240 | -30.5% |
| Financial fixed assets | 28 | €743,681 | €743,681 | = | 0.0% |
| Current assets | 29/58 | €175,198 | €136,538 | -€38,660 | -22.1% |
| Amounts receivable within one year | 40/41 | €110,468 | €117,191 | +€6,723 | +6.1% |
| Trade receivables | 40 | €1,427 | €8,150 | +€6,723 | +471% |
| Other amounts receivable | 41 | €109,041 | €109,041 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,098 | €9,599 | -€33,499 | -77.7% |
| Deferred charges and accrued income | 490/1 | €21,632 | €9,748 | -€11,884 | -54.9% |
| Total equity and liabilities | 10/49 | €1,505,755 | €1,455,676 | -€50,080 | -3.3% |
| Equity | 10/15 | €561,710 | €572,327 | +€10,617 | +1.9% |
| Contributions | 10/11 | €220,787 | €220,787 | = | 0.0% |
| Capital | 10 | €220,787 | €220,787 | = | 0.0% |
| Issued capital | 100 | €220,787 | €220,787 | = | 0.0% |
| Revaluation surpluses | 12 | €475,909 | €475,909 | = | 0.0% |
| Reserves | 13 | €43,970 | €43,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €8,970 | €8,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,956 | -€168,339 | +€10,617 | +5.9% |
| Amounts payable | 17/49 | €944,045 | €883,349 | -€60,697 | -6.4% |
| Amounts payable after more than one year | 17 | €607,348 | €529,740 | -€77,609 | -12.8% |
| Financial debts | 170/4 | €607,348 | €529,740 | -€77,609 | -12.8% |
| Amounts payable within one year | 42/48 | €336,697 | €353,609 | +€16,912 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €61,167 | €62,609 | +€1,441 | +2.4% |
| Trade debts | 44 | €10,801 | €14,130 | +€3,328 | +30.8% |
| Suppliers | 440/4 | €10,801 | €14,130 | +€3,328 | +30.8% |
| Taxes, remuneration and social security | 45 | €30,015 | €24,158 | -€5,858 | -19.5% |
| Taxes | 450/3 | €16,541 | €10,216 | -€6,325 | -38.2% |
| Remuneration and social security | 454/9 | €13,474 | €13,942 | +€468 | +3.5% |
| Other amounts payable | 47/48 | €234,713 | €252,713 | +€18,000 | +7.7% |
| Non-recurring operating income | 76A | €47,383 | - | -€47,383 | |
| Remuneration, social security and pensions | 62 | €148,398 | €154,414 | +€6,016 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,420 | €11,420 | = | 0.0% |
| Other operating charges | 640/8 | €3,625 | €4,277 | +€652 | +18.0% |
| Gross operating margin | 9900 | €248,098 | €192,910 | -€55,188 | -22.2% |
| Operating profit (loss) | 9901 | €84,654 | €22,799 | -€61,855 | -73.1% |
| Financial income | 75/76B | €28 | €238 | +€210 | +736% |
| Recurring financial income | 75 | €28 | €238 | +€210 | +736% |
| Financial charges | 65/66B | €12,436 | €12,135 | -€301 | -2.4% |
| Recurring financial charges | 65 | €12,436 | €12,135 | -€301 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €72,247 | €10,902 | -€61,345 | -84.9% |
| Income taxes | 67/77 | €288 | €285 | -€3 | -1.2% |
| Profit (loss) for the period | 9904 | €71,958 | €10,617 | -€61,341 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,958 | €10,617 | -€61,341 | -85.2% |
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 27 October 2026 via checked.be.