ALMA 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.
ALMA IMMO
Largest movements
- Receivables within one year +€100,596
up €100,596 (+64.2%), from €156,619 to €257,216
of which Other amounts receivable: +€97,294
- Tangible fixed assets -€71,896
down €71,896 (-11.1%), from €646,921 to €575,025
- Profit (loss) carried forward +€82,623
up €82,623 (+33.1%), from €249,924 to €332,547
- Reserves -€30,611
down €30,611 (-11.9%), from €257,264 to €226,653
of which Tax-exempt reserves: -€30,611
- Debts after one year -€26,560
down €26,560 (-20.3%), from €130,569 to €104,009
- Provisions -€10,204
down €10,204 (-12.2%), from €83,688 to €73,484
- Advances received +€9,976
new in 2025: €9,976
- Gross operating margin +€15,473
up €15,473 (+13.7%), from €112,985 to €128,459
- Financial income +€11,922
up €11,922 (+249.9%), from €4,772 to €16,694
- Taxes +€9,976
new in 2025: €9,976
- Other operating charges +€6,887
up €6,887 (+98.3%), from €7,003 to €13,890
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 | €808,225 | €834,730 | +€26,505 | +3.3% |
| Fixed assets | 21/28 | €646,921 | €575,025 | -€71,896 | -11.1% |
| Tangible fixed assets | 22/27 | €646,921 | €575,025 | -€71,896 | -11.1% |
| Land and buildings | 22 | €646,921 | €575,025 | -€71,896 | -11.1% |
| Current assets | 29/58 | €161,303 | €259,704 | +€98,401 | +61.0% |
| Amounts receivable within one year | 40/41 | €156,619 | €257,216 | +€100,596 | +64.2% |
| Trade receivables | 40 | €20,472 | €23,774 | +€3,302 | +16.1% |
| Other amounts receivable | 41 | €136,147 | €233,441 | +€97,294 | +71.5% |
| Cash at bank and in hand | 54/58 | €4,684 | €2,489 | -€2,195 | -46.9% |
| Total equity and liabilities | 10/49 | €808,225 | €834,730 | +€26,505 | +3.3% |
| Equity | 10/15 | €568,687 | €620,700 | +€52,012 | +9.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €257,264 | €226,653 | -€30,611 | -11.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €251,064 | €220,453 | -€30,611 | -12.2% |
| Profit (loss) carried forward | 14 | €249,924 | €332,547 | +€82,623 | +33.1% |
| Provisions and deferred taxes | 16 | €83,688 | €73,484 | -€10,204 | -12.2% |
| Deferred taxes | 168 | €83,688 | €73,484 | -€10,204 | -12.2% |
| Amounts payable | 17/49 | €155,850 | €140,546 | -€15,304 | -9.8% |
| Amounts payable after more than one year | 17 | €130,569 | €104,009 | -€26,560 | -20.3% |
| Financial debts | 170/4 | €130,569 | €104,009 | -€26,560 | -20.3% |
| Amounts payable within one year | 42/48 | €25,280 | €36,537 | +€11,257 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | €25,280 | €26,560 | +€1,280 | +5.1% |
| Advances received on contracts in progress | 46 | - | €9,976 | +€9,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,896 | €71,896 | = | 0.0% |
| Other operating charges | 640/8 | €7,003 | €13,890 | +€6,887 | +98.3% |
| Gross operating margin | 9900 | €112,985 | €128,459 | +€15,473 | +13.7% |
| Operating profit (loss) | 9901 | €34,086 | €42,673 | +€8,586 | +25.2% |
| Financial income | 75/76B | €4,772 | €16,694 | +€11,922 | +249.9% |
| Recurring financial income | 75 | €4,772 | €16,694 | +€11,922 | +249.9% |
| Financial charges | 65/66B | €8,753 | €7,582 | -€1,171 | -13.4% |
| Recurring financial charges | 65 | €8,753 | €7,582 | -€1,171 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €30,105 | €51,785 | +€21,680 | +72.0% |
| Transfer from deferred taxes | 780 | €10,204 | €10,204 | = | 0.0% |
| Income taxes | 67/77 | - | €9,976 | +€9,976 | |
| Profit (loss) for the period | 9904 | €40,308 | €52,012 | +€11,704 | +29.0% |
| Transfer from tax-exempt reserves | 789 | €30,611 | €30,611 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,919 | €82,623 | +€11,704 | +16.5% |
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 12 October 2026 via checked.be.