AGMD 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.
AGMD IMMO
Largest movements
- Tangible fixed assets -€1,029
down €1,029 (-2.3%), from €44,307 to €43,279
- Other debts +€9,100
up €9,100 (+669.2%), from €1,360 to €10,460
- Trade debts -€5,059
down €5,059 (-88.2%), from €5,735 to €676
- Reserves -€4,958
no longer reported in 2025 (was €4,958)
- Gross operating margin -€3,534
down €3,534 (-63.0%), from €5,606 to €2,073
- Other operating charges -€448
down €448 (-6.7%), from €6,690 to €6,242
- Financial charges +€101
up €101 (+83.7%), from €121 to €221
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 | €51,738 | €50,360 | -€1,378 | -2.7% |
| Fixed assets | 21/28 | €44,307 | €43,279 | -€1,029 | -2.3% |
| Tangible fixed assets | 22/27 | €44,307 | €43,279 | -€1,029 | -2.3% |
| Land and buildings | 22 | €44,307 | €43,279 | -€1,029 | -2.3% |
| Current assets | 29/58 | €7,431 | €7,082 | -€349 | -4.7% |
| Amounts receivable within one year | 40/41 | €626 | €626 | = | 0.0% |
| Other amounts receivable | 41 | €626 | €626 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €805 | €456 | -€349 | -43.4% |
| Deferred charges and accrued income | 490/1 | €6,000 | €6,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €51,738 | €50,360 | -€1,378 | -2.7% |
| Equity | 10/15 | €44,643 | €39,225 | -€5,419 | -12.1% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €4,958 | - | -€4,958 | |
| Distributable reserves | 133 | €4,958 | - | -€4,958 | |
| Profit (loss) carried forward | 14 | -€9,893 | -€10,354 | -€461 | -4.7% |
| Amounts payable | 17/49 | €7,095 | €11,136 | +€4,041 | +57.0% |
| Amounts payable within one year | 42/48 | €7,095 | €11,136 | +€4,041 | +57.0% |
| Trade debts | 44 | €5,735 | €676 | -€5,059 | -88.2% |
| Suppliers | 440/4 | €5,735 | €676 | -€5,059 | -88.2% |
| Other amounts payable | 47/48 | €1,360 | €10,460 | +€9,100 | +669.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | €1,029 | = | 0.0% |
| Other operating charges | 640/8 | €6,690 | €6,242 | -€448 | -6.7% |
| Gross operating margin | 9900 | €5,606 | €2,073 | -€3,534 | -63.0% |
| Operating profit (loss) | 9901 | -€2,112 | -€5,197 | -€3,085 | -146.1% |
| Financial charges | 65/66B | €121 | €221 | +€101 | +83.7% |
| Recurring financial charges | 65 | €121 | €221 | +€101 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,232 | -€5,419 | -€3,186 | -142.7% |
| Profit (loss) for the period | 9904 | -€2,232 | -€5,419 | -€3,186 | -142.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,232 | -€5,419 | -€3,186 | -142.7% |
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 10 October 2026 via checked.be.