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Aimax 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.

What changed

Aimax Immo

BE 0801.552.174
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
-€3,877
2024 · €536-€4,414
Equity
€1.8m
2024 · €1.9m-€128,877
Cash
€71,715
2024 · €98,464-€26,749
Balance sheet total
€1.8m
2024 · €1.9m-€141,018

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€124,093

    down €124,093 (-7.2%), from €1.7m to €1.6m

  • Cash -€26,749

    down €26,749 (-27.2%), from €98,464 to €71,715

    mainly Contributions, distributions and other (-€125,000) and Receivables within one year (-€6,824)

Equity and liabilities
  • Reserves -€128,877

    down €128,877 (-7.6%), from €1.7m to €1.6m

    of which Distributable reserves: -€120,626

Income statement
  • Gross operating margin -€27,389

    down €27,389 (-18.5%), from €147,710 to €120,322

  • Depreciation -€19,326

    down €19,326 (-13.5%), from €143,419 to €124,093

  • Taxes -€4,330

    down €4,330 (-71.3%), from €6,069 to €1,739

From the 2024 result to the 2025 result

effect on the 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 €536
Gross operating margin -€27,389
Depreciation +€19,326
Other operating charges -€398
Financial income -€257
Financial charges -€55
Taxes +€4,330
Deferred taxes and other +€30
Result 2025 -€3,877

Cash bridge derived

cash 2024 to 2025

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 +€98,251
Investment €0
Financing -€125,000
Cash 2024 €98,464
Net result for the year -€3,877
Depreciation +€124,093
Receivables within one year -€6,824
Deferred charges and accrued income -€3,000
Provisions -€4,279
Trade debts -€4,466
Tax, wage and social debts -€3,396
Contributions, distributions and other -€125,000
Cash 2025 €71,715
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,923,342 €1,782,324 -€141,018 -7.3%
Fixed assets 21/28 €1,723,625 €1,599,532 -€124,093 -7.2%
Tangible fixed assets 22/27 €1,723,625 €1,599,532 -€124,093 -7.2%
Land and buildings 22 €1,723,625 €1,599,532 -€124,093 -7.2%
Current assets 29/58 €199,717 €182,792 -€16,925 -8.5%
Amounts receivable after more than one year 29 €100,000 €100,000 = 0.0%
Other amounts receivable 291 €100,000 €100,000 = 0.0%
Amounts receivable within one year 40/41 €3 €6,827 +€6,824 +210615.4%
Trade receivables 40 €0 - =
Other amounts receivable 41 €3 €6,827 +€6,824 +210615.4%
Cash at bank and in hand 54/58 €98,464 €71,715 -€26,749 -27.2%
Deferred charges and accrued income 490/1 €1,250 €4,250 +€3,000 +240.0%
Total equity and liabilities 10/49 €1,923,342 €1,782,324 -€141,018 -7.3%
Equity 10/15 €1,890,143 €1,761,265 -€128,877 -6.8%
Contributions 10/11 €64,310 €64,310 = 0.0%
Reserves 13 €1,706,947 €1,578,070 -€128,877 -7.6%
Tax-exempt reserves 132 €48,850 €40,599 -€8,251 -16.9%
Distributable reserves 133 €1,658,096 €1,537,470 -€120,626 -7.3%
Profit (loss) carried forward 14 €118,886 €118,886 = 0.0%
Provisions and deferred taxes 16 €24,854 €20,575 -€4,279 -17.2%
Deferred taxes 168 €24,854 €20,575 -€4,279 -17.2%
Amounts payable 17/49 €8,346 €484 -€7,862 -94.2%
Amounts payable within one year 42/48 €8,346 €484 -€7,862 -94.2%
Trade debts 44 €4,671 €205 -€4,466 -95.6%
Suppliers 440/4 €4,671 €205 -€4,466 -95.6%
Taxes, remuneration and social security 45 €3,396 €0 -€3,396 -100.0%
Taxes 450/3 €3,396 €0 -€3,396 -100.0%
Other amounts payable 47/48 €279 €279 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €143,419 €124,093 -€19,326 -13.5%
Other operating charges 640/8 €5,156 €5,554 +€398 +7.7%
Gross operating margin 9900 €147,710 €120,322 -€27,389 -18.5%
Operating profit (loss) 9901 -€864 -€9,326 -€8,461 -978.7%
Financial income 75/76B €3,257 €3,000 -€257 -7.9%
Recurring financial income 75 €3,257 €3,000 -€257 -7.9%
Financial charges 65/66B €36 €91 +€55 +153.3%
Recurring financial charges 65 €36 €91 +€55 +153.3%
Profit (loss) for the period before taxes 9903 €2,357 -€6,417 -€8,773
Transfer from deferred taxes 780 €4,249 €4,279 +€30 +0.7%
Income taxes 67/77 €6,069 €1,739 -€4,330 -71.3%
Profit (loss) for the period 9904 €536 -€3,877 -€4,414
Transfer from tax-exempt reserves 789 €8,251 €8,251 = 0.0%
Profit (loss) for the period to be appropriated 9905 €8,788 €4,374 -€4,414 -50.2%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.