ALMAX 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.
ALMAX IMMO
Largest movements
- Tangible fixed assets -€5,462
down €5,462 (-3.4%), from €159,358 to €153,896
- Deferred charges and accrued income -€4,590
down €4,590 (-11.3%), from €40,667 to €36,077
- Debts after one year -€10,706
down €10,706 (-5.9%), from €181,103 to €170,397
- Profit (loss) carried forward +€3,393
up €3,393 (+21.7%), from -€15,609 to -€12,216
- Other debts -€2,500
down €2,500 (-11.1%), from €22,602 to €20,102
- Gross operating margin +€1,010
up €1,010 (+8.2%), from €12,346 to €13,356
- Other operating charges -€391
down €391 (-49.5%), from €791 to €400
- Financial charges -€167
down €167 (-3.9%), from €4,269 to €4,102
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 | €201,694 | €191,881 | -€9,813 | -4.9% |
| Fixed assets | 21/28 | €159,358 | €153,896 | -€5,462 | -3.4% |
| Tangible fixed assets | 22/27 | €159,358 | €153,896 | -€5,462 | -3.4% |
| Land and buildings | 22 | €159,358 | €153,896 | -€5,462 | -3.4% |
| Current assets | 29/58 | €42,336 | €37,985 | -€4,351 | -10.3% |
| Amounts receivable within one year | 40/41 | €575 | €1,093 | +€518 | +90.0% |
| Other amounts receivable | 41 | €575 | €1,093 | +€518 | +90.0% |
| Cash at bank and in hand | 54/58 | €1,094 | €816 | -€278 | -25.4% |
| Deferred charges and accrued income | 490/1 | €40,667 | €36,077 | -€4,590 | -11.3% |
| Total equity and liabilities | 10/49 | €201,694 | €191,881 | -€9,813 | -4.9% |
| Equity | 10/15 | -€13,609 | -€10,216 | +€3,393 | +24.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,609 | -€12,216 | +€3,393 | +21.7% |
| Amounts payable | 17/49 | €215,303 | €202,097 | -€13,206 | -6.1% |
| Amounts payable after more than one year | 17 | €181,103 | €170,397 | -€10,706 | -5.9% |
| Financial debts | 170/4 | €181,103 | €170,397 | -€10,706 | -5.9% |
| Amounts payable within one year | 42/48 | €34,200 | €31,700 | -€2,500 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €11,598 | €11,598 | = | 0.0% |
| Other amounts payable | 47/48 | €22,602 | €20,102 | -€2,500 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,462 | €5,462 | = | 0.0% |
| Other operating charges | 640/8 | €791 | €400 | -€391 | -49.5% |
| Gross operating margin | 9900 | €12,346 | €13,356 | +€1,010 | +8.2% |
| Operating profit (loss) | 9901 | €6,093 | €7,494 | +€1,401 | +23.0% |
| Financial charges | 65/66B | €4,269 | €4,102 | -€167 | -3.9% |
| Recurring financial charges | 65 | €4,269 | €4,102 | -€167 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €1,824 | €3,393 | +€1,568 | +86.0% |
| Profit (loss) for the period | 9904 | €1,824 | €3,393 | +€1,568 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,824 | €3,393 | +€1,568 | +86.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.