AIM SRE: 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.
What changed
AIM SRE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€133,715
2024 · €119,859+€13,855
Equity
€444,983
2024 · €438,269+€6,715
Cash
€8,933
2024 · €35,453-€26,520
Balance sheet total
€2.6m
2024 · €2.7m-€139,226
Largest movements
Assets
- Current investments -€59,500
down €59,500 (-24.8%), from €240,000 to €180,500
- Tangible fixed assets -€53,827
down €53,827 (-2.3%), from €2.4m to €2.3m
Equity and liabilities
- Debts after one year -€160,067
down €160,067 (-8.2%), from €2.0m to €1.8m
of which Financial debts: -€160,067
Income statement
- Gross operating margin +€19,035
up €19,035 (+6.9%), from €275,207 to €294,242
- Financial income -€4,767
down €4,767 (-48.6%), from €9,809 to €5,043
- Financial charges -€3,371
down €3,371 (-7.4%), from €45,310 to €41,939
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
€119,859
Gross operating margin
+€19,035
Other operating charges
-€1,551
Financial income
-€4,767
Financial charges
+€3,371
Taxes
-€2,234
Result 2025
€133,715
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.
From operations
+€201,047
Investment
+€59,500
Financing
-€287,067
Cash 2024
€35,453
From operations (derived)
+€201,047
Net result for the year
+€133,715
Depreciation
+€53,827
Receivables within one year
-€593
Smaller working-capital items
-€44
Trade debts
-€532
Tax, wage and social debts
+€1,228
Other debts
+€13,447
Investment (derived)
+€59,500
Current investments
+€59,500
Financing
-€287,067
Debts after one year
-€160,067
Contributions, distributions and other
-€127,000
Cash 2025
€8,933
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,695,335 | €2,556,109 | -€139,226 | -5.2% |
| Fixed assets | 21/28 | €2,373,571 | €2,319,744 | -€53,827 | -2.3% |
| Tangible fixed assets | 22/27 | €2,373,571 | €2,319,744 | -€53,827 | -2.3% |
| Land and buildings | 22 | €2,373,571 | €2,319,744 | -€53,827 | -2.3% |
| Current assets | 29/58 | €321,764 | €236,365 | -€85,399 | -26.5% |
| Amounts receivable within one year | 40/41 | €43,105 | €43,698 | +€593 | +1.4% |
| Trade receivables | 40 | €13,370 | €13,882 | +€511 | +3.8% |
| Other amounts receivable | 41 | €29,735 | €29,816 | +€82 | +0.3% |
| Current investments | 50/53 | €240,000 | €180,500 | -€59,500 | -24.8% |
| Cash at bank and in hand | 54/58 | €35,453 | €8,933 | -€26,520 | -74.8% |
| Deferred charges and accrued income | 490/1 | €3,207 | €3,234 | +€28 | +0.9% |
| Total equity and liabilities | 10/49 | €2,695,335 | €2,556,109 | -€139,226 | -5.2% |
| Equity | 10/15 | €438,269 | €444,983 | +€6,715 | +1.5% |
| Contributions | 10/11 | €424,000 | €424,000 | = | 0.0% |
| Capital | 10 | €424,000 | €424,000 | = | 0.0% |
| Issued capital | 100 | €424,000 | €424,000 | = | 0.0% |
| Reserves | 13 | €14,269 | €20,983 | +€6,715 | +47.1% |
| Non-distributable reserves | 130/1 | €14,269 | €20,983 | +€6,715 | +47.1% |
| Legal reserve | 130 | €14,269 | €20,983 | +€6,715 | +47.1% |
| Amounts payable | 17/49 | €2,257,066 | €2,111,126 | -€145,940 | -6.5% |
| Amounts payable after more than one year | 17 | €1,962,049 | €1,801,982 | -€160,067 | -8.2% |
| Financial debts | 170/4 | €1,920,799 | €1,760,732 | -€160,067 | -8.3% |
| Other amounts payable | 178/9 | €41,250 | €41,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €293,624 | €307,767 | +€14,143 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €160,067 | €160,067 | = | 0.0% |
| Trade debts | 44 | €532 | - | -€532 | |
| Suppliers | 440/4 | €532 | - | -€532 | |
| Taxes, remuneration and social security | 45 | €19,472 | €20,700 | +€1,228 | +6.3% |
| Taxes | 450/3 | €19,472 | €20,700 | +€1,228 | +6.3% |
| Other amounts payable | 47/48 | €113,553 | €127,000 | +€13,447 | +11.8% |
| Accrued charges and deferred income | 492/3 | €1,394 | €1,377 | -€16 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,827 | €53,827 | = | 0.0% |
| Other operating charges | 640/8 | €25,004 | €26,555 | +€1,551 | +6.2% |
| Gross operating margin | 9900 | €275,207 | €294,242 | +€19,035 | +6.9% |
| Operating profit (loss) | 9901 | €196,377 | €213,861 | +€17,484 | +8.9% |
| Financial income | 75/76B | €9,809 | €5,043 | -€4,767 | -48.6% |
| Recurring financial income | 75 | €9,809 | €5,043 | -€4,767 | -48.6% |
| Financial charges | 65/66B | €45,310 | €41,939 | -€3,371 | -7.4% |
| Recurring financial charges | 65 | €45,310 | €41,939 | -€3,371 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €160,876 | €176,965 | +€16,089 | +10.0% |
| Income taxes | 67/77 | €41,017 | €43,250 | +€2,234 | +5.4% |
| Profit (loss) for the period | 9904 | €119,859 | €133,715 | +€13,855 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,859 | €133,715 | +€13,855 | +11.6% |
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 3 October 2026 via checked.be.