AG IMMO & CONSULT: 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.
AG IMMO & CONSULT
Largest movements
- Tangible fixed assets -€33,364
down €33,364 (-4.1%), from €808,524 to €775,160
of which Land and buildings: -€22,643
- Cash -€11,743
down €11,743 (-20.0%), from €58,581 to €46,838
mainly Debts after one year (-€38,616) and Trade debts (-€5,259)
- Debts after one year -€38,616
down €38,616 (-12.1%), from €318,407 to €279,791
- Gross operating margin +€21,691
up €21,691 (+74.1%), from €29,272 to €50,963
- Depreciation +€14,675
up €14,675 (+72.8%), from €20,150 to €34,824
- Taxes +€1,363
up €1,363 (+370%), from €368 to €1,731
- Financial income +€1,057
up €1,057 (+134%), from €786 to €1,843
- Other operating charges +€762
up €762 (+37.9%), from €2,010 to €2,771
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 | €890,931 | €849,394 | -€41,537 | -4.7% |
| Formation expenses | 20 | €406 | €168 | -€238 | -58.6% |
| Fixed assets | 21/28 | €808,524 | €775,160 | -€33,364 | -4.1% |
| Tangible fixed assets | 22/27 | €808,524 | €775,160 | -€33,364 | -4.1% |
| Land and buildings | 22 | €786,125 | €763,482 | -€22,643 | -2.9% |
| Plant, machinery and equipment | 23 | €2,677 | €1,435 | -€1,242 | -46.4% |
| Furniture and vehicles | 24 | €19,722 | €10,243 | -€9,479 | -48.1% |
| Current assets | 29/58 | €82,001 | €74,066 | -€7,935 | -9.7% |
| Amounts receivable within one year | 40/41 | €7,936 | €12,167 | +€4,231 | +53.3% |
| Trade receivables | 40 | €5,118 | €7,933 | +€2,815 | +55.0% |
| Other amounts receivable | 41 | €2,818 | €4,234 | +€1,416 | +50.2% |
| Current investments | 50/53 | €5,975 | €7,852 | +€1,877 | +31.4% |
| Cash at bank and in hand | 54/58 | €58,581 | €46,838 | -€11,743 | -20.0% |
| Deferred charges and accrued income | 490/1 | €9,509 | €7,208 | -€2,301 | -24.2% |
| Total equity and liabilities | 10/49 | €890,931 | €849,394 | -€41,537 | -4.7% |
| Equity | 10/15 | €509,856 | €512,671 | +€2,816 | +0.6% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €78,456 | €81,271 | +€2,816 | +3.6% |
| Tax-exempt reserves | 132 | €76,650 | €74,327 | -€2,323 | -3.0% |
| Distributable reserves | 133 | €1,806 | €6,944 | +€5,138 | +285% |
| Profit (loss) carried forward | 14 | €31,400 | €31,400 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,550 | €24,776 | -€774 | -3.0% |
| Deferred taxes | 168 | €25,550 | €24,776 | -€774 | -3.0% |
| Amounts payable | 17/49 | €355,525 | €311,946 | -€43,579 | -12.3% |
| Amounts payable after more than one year | 17 | €318,407 | €279,791 | -€38,616 | -12.1% |
| Financial debts | 170/4 | €318,407 | €279,791 | -€38,616 | -12.1% |
| Amounts payable within one year | 42/48 | €36,264 | €31,301 | -€4,963 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €22,327 | €22,543 | +€216 | +1.0% |
| Trade debts | 44 | €5,849 | €590 | -€5,259 | -89.9% |
| Suppliers | 440/4 | €5,849 | €590 | -€5,259 | -89.9% |
| Taxes, remuneration and social security | 45 | €8,088 | €8,168 | +€80 | +1.0% |
| Taxes | 450/3 | €3,678 | €3,518 | -€160 | -4.3% |
| Remuneration and social security | 454/9 | €4,410 | €4,650 | +€240 | +5.4% |
| Accrued charges and deferred income | 492/3 | €855 | €855 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,150 | €34,824 | +€14,675 | +72.8% |
| Other operating charges | 640/8 | €2,010 | €2,771 | +€762 | +37.9% |
| Gross operating margin | 9900 | €29,272 | €50,963 | +€21,691 | +74.1% |
| Operating profit (loss) | 9901 | €7,113 | €13,368 | +€6,255 | +87.9% |
| Financial income | 75/76B | €786 | €1,843 | +€1,057 | +134% |
| Recurring financial income | 75 | €786 | €1,843 | +€1,057 | +134% |
| Financial charges | 65/66B | €11,120 | €11,438 | +€318 | +2.9% |
| Recurring financial charges | 65 | €11,120 | €11,438 | +€318 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,221 | €3,773 | +€6,994 | |
| Transfer from deferred taxes | 780 | - | €774 | +€774 | |
| Income taxes | 67/77 | €368 | €1,731 | +€1,363 | +370% |
| Profit (loss) for the period | 9904 | -€3,589 | €2,816 | +€6,405 | |
| Transfer from tax-exempt reserves | 789 | - | €2,323 | +€2,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,589 | €5,138 | +€8,728 |
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 19 October 2026 via checked.be.