ALLCOAT 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.
What changed
ALLCOAT IMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€249,901
2024 · €263,076-€13,174
Equity
€7.7m
2024 · €7.4m+€233,682
Cash
€408,062
2024 · €148,009+€260,054
Balance sheet total
€7.8m
2024 · €7.6m+€181,079
Largest movements
Assets
- Cash +€260,054
up €260,054 (+176%), from €148,009 to €408,062
mainly Net result for the year (+€249,901) and Depreciation (+€209,946)
- Tangible fixed assets -€136,424
down €136,424 (-2.0%), from €7.0m to €6.8m
of which Assets under construction and advance payments: -€293,442
Equity and liabilities
- Reserves +€249,901
up €249,901 (+6.2%), from €4.0m to €4.3m
of which Distributable reserves: +€322,083
Income statement
- Depreciation +€15,497
up €15,497 (+8.0%), from €194,449 to €209,946
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
€263,076
Gross operating margin
+€2,788
Depreciation
-€15,497
Other operating charges
-€2,649
Financial income
-€1,126
Financial charges
-€205
Taxes
+€5,410
Deferred taxes and other
-€1,894
Result 2025
€249,901
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€349,795
Investment
-€73,522
Financing
-€16,220
Cash 2024
€148,009
From operations (derived)
+€349,795
Net result for the year
+€249,901
Depreciation
+€209,946
Receivables within one year
-€57,450
Provisions
-€29,467
Trade debts
-€18,519
Tax, wage and social debts
-€4,616
Other debts
-€0
Investment (derived)
-€73,522
Investment in fixed assets (net)
-€73,522
Financing
-€16,220
Contributions, distributions and other
-€16,220
Cash 2025
€408,062
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,642,580 | €7,823,660 | +€181,079 | +2.4% |
| Fixed assets | 21/28 | €6,969,822 | €6,833,398 | -€136,424 | -2.0% |
| Tangible fixed assets | 22/27 | €6,969,822 | €6,833,398 | -€136,424 | -2.0% |
| Land and buildings | 22 | €6,676,380 | €6,833,398 | +€157,018 | +2.4% |
| Assets under construction and advance payments | 27 | €293,442 | €0 | -€293,442 | -100% |
| Current assets | 29/58 | €672,758 | €990,262 | +€317,504 | +47.2% |
| Amounts receivable within one year | 40/41 | €524,750 | €582,200 | +€57,450 | +10.9% |
| Trade receivables | 40 | €0 | €72,200 | +€72,200 | |
| Other amounts receivable | 41 | €524,750 | €510,000 | -€14,750 | -2.8% |
| Cash at bank and in hand | 54/58 | €148,009 | €408,062 | +€260,054 | +176% |
| Total equity and liabilities | 10/49 | €7,642,580 | €7,823,660 | +€181,079 | +2.4% |
| Equity | 10/15 | €7,421,524 | €7,655,206 | +€233,682 | +3.1% |
| Contributions | 10/11 | €1,351,557 | €1,351,557 | = | 0.0% |
| Capital | 10 | €1,351,557 | €1,351,557 | = | 0.0% |
| Issued capital | 100 | €1,351,557 | €1,351,557 | = | 0.0% |
| Revaluation surpluses | 12 | €1,988,768 | €1,988,768 | = | 0.0% |
| Reserves | 13 | €4,027,815 | €4,277,717 | +€249,901 | +6.2% |
| Non-distributable reserves | 130/1 | €178,506 | €178,506 | = | 0.0% |
| Legal reserve | 130 | €178,276 | €178,276 | = | 0.0% |
| Reserves not available under the articles | 1311 | €230 | €230 | = | 0.0% |
| Tax-exempt reserves | 132 | €556,917 | €484,735 | -€72,182 | -13.0% |
| Distributable reserves | 133 | €3,292,392 | €3,614,476 | +€322,083 | +9.8% |
| Investment grants | 15 | €53,383 | €37,163 | -€16,220 | -30.4% |
| Provisions and deferred taxes | 16 | €196,854 | €167,387 | -€29,467 | -15.0% |
| Deferred taxes | 168 | €196,854 | €167,387 | -€29,467 | -15.0% |
| Amounts payable | 17/49 | €24,202 | €1,067 | -€23,135 | -95.6% |
| Amounts payable within one year | 42/48 | €24,202 | €1,067 | -€23,135 | -95.6% |
| Trade debts | 44 | €18,639 | €120 | -€18,519 | -99.4% |
| Suppliers | 440/4 | €18,639 | €120 | -€18,519 | -99.4% |
| Taxes, remuneration and social security | 45 | €5,562 | €947 | -€4,616 | -83.0% |
| Taxes | 450/3 | €5,562 | €947 | -€4,616 | -83.0% |
| Other amounts payable | 47/48 | €0 | €0 | -€0 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,449 | €209,946 | +€15,497 | +8.0% |
| Other operating charges | 640/8 | €87,053 | €89,702 | +€2,649 | +3.0% |
| Gross operating margin | 9900 | €601,597 | €604,384 | +€2,788 | +0.5% |
| Operating profit (loss) | 9901 | €320,095 | €304,736 | -€15,359 | -4.8% |
| Financial income | 75/76B | €17,346 | €16,220 | -€1,126 | -6.5% |
| Recurring financial income | 75 | €17,346 | €16,220 | -€1,126 | -6.5% |
| Financial charges | 65/66B | €164 | €369 | +€205 | +126% |
| Recurring financial charges | 65 | €164 | €369 | +€205 | +126% |
| Profit (loss) for the period before taxes | 9903 | €337,277 | €320,587 | -€16,690 | -4.9% |
| Transfer from deferred taxes | 780 | €31,362 | €29,467 | -€1,894 | -6.0% |
| Income taxes | 67/77 | €105,562 | €100,152 | -€5,410 | -5.1% |
| Profit (loss) for the period | 9904 | €263,076 | €249,901 | -€13,174 | -5.0% |
| Transfer from tax-exempt reserves | 789 | €76,739 | €72,182 | -€4,557 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €339,815 | €322,083 | -€17,732 | -5.2% |
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 17 October 2026 via checked.be.