AGMBF Immo: 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.
AGMBF Immo
Largest movements
- Intangible fixed assets -€14,112
down €14,112 (-60.1%), from €23,475 to €9,363
- Debts after one year -€27,410
down €27,410 (-9.7%), from €283,481 to €256,071
of which Financial debts: -€27,410
- Reserves +€16,550
up €16,550 (+9.5%), from €173,365 to €189,915
of which Distributable reserves: +€16,550
- Depreciation -€918
down €918 (-4.8%), from €19,028 to €18,110
- Financial charges -€698
down €698 (-8.2%), from €8,525 to €7,827
- Other operating charges +€580
up €580 (+23.9%), from €2,432 to €3,012
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 | €928,921 | €911,367 | -€17,554 | -1.9% |
| Fixed assets | 21/28 | €919,810 | €901,700 | -€18,110 | -2.0% |
| Intangible fixed assets | 21 | €23,475 | €9,363 | -€14,112 | -60.1% |
| Tangible fixed assets | 22/27 | €896,335 | €892,337 | -€3,998 | -0.4% |
| Land and buildings | 22 | €896,335 | €892,337 | -€3,998 | -0.4% |
| Current assets | 29/58 | €9,110 | €9,666 | +€556 | +6.1% |
| Amounts receivable within one year | 40/41 | - | €238 | +€238 | |
| Other amounts receivable | 41 | - | €238 | +€238 | |
| Cash at bank and in hand | 54/58 | €9,110 | €9,429 | +€318 | +3.5% |
| Total equity and liabilities | 10/49 | €928,921 | €911,367 | -€17,554 | -1.9% |
| Equity | 10/15 | €281,768 | €298,343 | +€16,575 | +5.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €173,365 | €189,915 | +€16,550 | +9.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €170,365 | €186,915 | +€16,550 | +9.7% |
| Profit (loss) carried forward | 14 | €78,403 | €78,428 | +€25 | 0.0% |
| Amounts payable | 17/49 | €647,152 | €613,024 | -€34,129 | -5.3% |
| Amounts payable after more than one year | 17 | €283,481 | €256,071 | -€27,410 | -9.7% |
| Financial debts | 170/4 | €282,281 | €254,871 | -€27,410 | -9.7% |
| Other amounts payable | 178/9 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €360,815 | €349,098 | -€11,718 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €26,692 | €27,410 | +€718 | +2.7% |
| Trade debts | 44 | - | €27 | +€27 | |
| Suppliers | 440/4 | - | €27 | +€27 | |
| Taxes, remuneration and social security | 45 | €6,700 | €237 | -€6,463 | -96.5% |
| Taxes | 450/3 | €6,700 | €237 | -€6,463 | -96.5% |
| Other amounts payable | 47/48 | €327,423 | €321,423 | -€5,999 | -1.8% |
| Accrued charges and deferred income | 492/3 | €2,856 | €7,855 | +€4,999 | +175.1% |
| Turnover | 70 | €10,886 | €11,341 | +€455 | +4.2% |
| Non-recurring operating income | 76A | €45,000 | €45,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,975 | €3,062 | +€88 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,028 | €18,110 | -€918 | -4.8% |
| Other operating charges | 640/8 | €2,432 | €3,012 | +€580 | +23.9% |
| Gross operating margin | 9900 | €52,912 | €53,278 | +€367 | +0.7% |
| Operating profit (loss) | 9901 | €31,452 | €32,156 | +€705 | +2.2% |
| Financial income | 75/76B | €22 | €7 | -€14 | -65.8% |
| Recurring financial income | 75 | €22 | €7 | -€14 | -65.8% |
| Financial charges | 65/66B | €8,525 | €7,827 | -€698 | -8.2% |
| Recurring financial charges | 65 | €8,525 | €7,827 | -€698 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €22,948 | €24,337 | +€1,389 | +6.1% |
| Income taxes | 67/77 | €7,615 | €7,762 | +€147 | +1.9% |
| Profit (loss) for the period | 9904 | €15,333 | €16,575 | +€1,242 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,333 | €16,575 | +€1,242 | +8.1% |
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 9 October 2026 via checked.be.