ALLIANCE 4 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.
ALLIANCE 4 IMMO
Largest movements
- Stocks and contracts +€109,084
up €109,084 (+11.5%), from €952,365 to €1.1m
- Current portion of long-term debt +€395,861
new in 2025: €395,861
- Debts after one year -€269,192
down €269,192 (-27.2%), from €991,376 to €722,184
of which Financial debts: -€269,192
- Profit (loss) carried forward -€28,561
down €28,561 (-54.6%), from -€52,267 to -€80,827
- Gross operating margin +€11,032
up €11,032 (+78.7%), from €14,016 to €25,048
- Financial charges +€4,282
up €4,282 (+9.4%), from €45,702 to €49,984
- Other operating charges -€439
down €439 (-10.8%), from €4,063 to €3,624
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €965,412 | €1,070,177 | +€104,765 | +10.9% |
| Current assets | 29/58 | €965,412 | €1,070,177 | +€104,765 | +10.9% |
| Stocks and contracts in progress | 3 | €952,365 | €1,061,449 | +€109,084 | +11.5% |
| Stocks | 30/36 | €952,365 | €1,061,449 | +€109,084 | +11.5% |
| Cash at bank and in hand | 54/58 | €11,435 | €5,041 | -€6,395 | -55.9% |
| Deferred charges and accrued income | 490/1 | €1,612 | €3,687 | +€2,076 | +129% |
| Total equity and liabilities | 10/49 | €965,412 | €1,070,177 | +€104,765 | +10.9% |
| Equity | 10/15 | -€32,267 | -€60,827 | -€28,561 | -88.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,267 | -€80,827 | -€28,561 | -54.6% |
| Amounts payable | 17/49 | €997,678 | €1,131,004 | +€133,326 | +13.4% |
| Amounts payable after more than one year | 17 | €991,376 | €722,184 | -€269,192 | -27.2% |
| Financial debts | 170/4 | €987,876 | €718,684 | -€269,192 | -27.2% |
| Other amounts payable | 178/9 | €3,500 | €3,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,577 | €403,744 | +€400,167 | +11,187% |
| Current portion of amounts payable after more than one year | 42 | - | €395,861 | +€395,861 | |
| Trade debts | 44 | €3,577 | €7,643 | +€4,066 | +114% |
| Suppliers | 440/4 | €3,577 | €7,643 | +€4,066 | +114% |
| Other amounts payable | 47/48 | €0 | €240 | +€240 | |
| Accrued charges and deferred income | 492/3 | €2,725 | €5,075 | +€2,350 | +86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €4,063 | €3,624 | -€439 | -10.8% |
| Gross operating margin | 9900 | €14,016 | €25,048 | +€11,032 | +78.7% |
| Operating profit (loss) | 9901 | €9,953 | €21,424 | +€11,471 | +115% |
| Financial charges | 65/66B | €45,702 | €49,984 | +€4,282 | +9.4% |
| Recurring financial charges | 65 | €45,702 | €49,984 | +€4,282 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,750 | -€28,561 | +€7,189 | +20.1% |
| Profit (loss) for the period | 9904 | -€35,750 | -€28,561 | +€7,189 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,750 | -€28,561 | +€7,189 | +20.1% |
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 25 October 2026 via checked.be.