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
- Cash -€82,321
down €82,321 (-83.4%), from €98,676 to €16,355
mainly Other debts (-€81,792) and Debts after one year (-€13,769)
- Other debts -€81,792
down €81,792 (-37.5%), from €218,260 to €136,468
- Debts after one year -€13,769
down €13,769 (-52.8%), from €26,071 to €12,302
of which Financial debts: -€13,769
- Accrued charges and deferred income +€5,565
new in 2025: €5,565
- Profit (loss) carried forward +€4,344
up €4,344 (+12.2%), from €35,607 to €39,951
- Gross operating margin +€8,466
up €8,466 (+47.8%), from €17,714 to €26,180
- Financial charges +€5,306
up €5,306 (+553%), from €960 to €6,265
- Depreciation +€729
up €729 (+7.2%), from €10,181 to €10,910
- Taxes +€604
up €604 (+61.8%), from €978 to €1,582
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 | €338,090 | €252,703 | -€85,387 | -25.3% |
| Fixed assets | 21/28 | €239,413 | €236,348 | -€3,066 | -1.3% |
| Tangible fixed assets | 22/27 | €239,413 | €236,348 | -€3,066 | -1.3% |
| Land and buildings | 22 | €239,413 | €236,348 | -€3,066 | -1.3% |
| Current assets | 29/58 | €98,676 | €16,355 | -€82,321 | -83.4% |
| Cash at bank and in hand | 54/58 | €98,676 | €16,355 | -€82,321 | -83.4% |
| Total equity and liabilities | 10/49 | €338,090 | €252,703 | -€85,387 | -25.3% |
| Equity | 10/15 | €78,607 | €82,951 | +€4,344 | +5.5% |
| Contributions | 10/11 | €43,000 | €43,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,607 | €39,951 | +€4,344 | +12.2% |
| Amounts payable | 17/49 | €259,483 | €169,752 | -€89,731 | -34.6% |
| Amounts payable after more than one year | 17 | €26,071 | €12,302 | -€13,769 | -52.8% |
| Financial debts | 170/4 | €21,931 | €8,162 | -€13,769 | -62.8% |
| Other amounts payable | 178/9 | €4,140 | €4,140 | = | 0.0% |
| Amounts payable within one year | 42/48 | €233,412 | €151,885 | -€81,527 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €13,494 | €13,769 | +€275 | +2.0% |
| Trade debts | 44 | €681 | €67 | -€614 | -90.2% |
| Suppliers | 440/4 | €681 | €67 | -€614 | -90.2% |
| Taxes, remuneration and social security | 45 | €977 | €1,582 | +€604 | +61.8% |
| Taxes | 450/3 | €977 | €1,582 | +€604 | +61.8% |
| Other amounts payable | 47/48 | €218,260 | €136,468 | -€81,792 | -37.5% |
| Accrued charges and deferred income | 492/3 | - | €5,565 | +€5,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,181 | €10,910 | +€729 | +7.2% |
| Other operating charges | 640/8 | €2,987 | €3,079 | +€92 | +3.1% |
| Gross operating margin | 9900 | €17,714 | €26,180 | +€8,466 | +47.8% |
| Operating profit (loss) | 9901 | €4,546 | €12,191 | +€7,645 | +168% |
| Financial charges | 65/66B | €960 | €6,265 | +€5,306 | +553% |
| Recurring financial charges | 65 | €960 | €6,265 | +€5,306 | +553% |
| Profit (loss) for the period before taxes | 9903 | €3,586 | €5,926 | +€2,340 | +65.2% |
| Income taxes | 67/77 | €978 | €1,582 | +€604 | +61.8% |
| Profit (loss) for the period | 9904 | €2,608 | €4,344 | +€1,736 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,608 | €4,344 | +€1,736 | +66.6% |
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 15 October 2026 via checked.be.