AMARU 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.
AMARU IMMO
Largest movements
- Tangible fixed assets -€51,233
down €51,233 (-4.7%), from €1.1m to €1.0m
- Cash +€14,508
up €14,508 (+86.4%), from €16,801 to €31,310
mainly Depreciation (+€51,678) and Net result for the year (+€20,327)
- Debts after one year -€54,921
down €54,921 (-5.2%), from €1.1m to €1.0m
- Reserves +€15,488
new in 2025: €15,488
- Gross operating margin +€53,023
up €53,023 (+72.4%), from €73,265 to €126,288
- Financial charges +€12,321
up €12,321 (+46.8%), from €26,335 to €38,656
- Taxes +€7,228
new in 2025: €7,228
- Depreciation +€5,139
up €5,139 (+11.0%), from €46,539 to €51,678
- Other operating charges +€3,171
up €3,171 (+60.6%), from €5,229 to €8,400
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 | €1,115,977 | €1,084,568 | -€31,410 | -2.8% |
| Formation expenses | 20 | €1,869 | €1,425 | -€444 | -23.8% |
| Fixed assets | 21/28 | €1,092,333 | €1,041,100 | -€51,233 | -4.7% |
| Tangible fixed assets | 22/27 | €1,092,333 | €1,041,100 | -€51,233 | -4.7% |
| Land and buildings | 22 | €1,092,333 | €1,041,100 | -€51,233 | -4.7% |
| Current assets | 29/58 | €21,775 | €42,043 | +€20,268 | +93.1% |
| Amounts receivable within one year | 40/41 | - | €2,821 | +€2,821 | |
| Other amounts receivable | 41 | - | €2,821 | +€2,821 | |
| Cash at bank and in hand | 54/58 | €16,801 | €31,310 | +€14,508 | +86.4% |
| Deferred charges and accrued income | 490/1 | €4,974 | €7,912 | +€2,939 | +59.1% |
| Total equity and liabilities | 10/49 | €1,115,977 | €1,084,568 | -€31,410 | -2.8% |
| Equity | 10/15 | €5,162 | €25,488 | +€20,327 | +394% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €15,488 | +€15,488 | |
| Distributable reserves | 133 | - | €15,488 | +€15,488 | |
| Profit (loss) carried forward | 14 | -€4,838 | - | +€4,838 | |
| Amounts payable | 17/49 | €1,110,816 | €1,059,079 | -€51,737 | -4.7% |
| Amounts payable after more than one year | 17 | €1,057,487 | €1,002,566 | -€54,921 | -5.2% |
| Financial debts | 170/4 | €1,057,487 | €1,002,566 | -€54,921 | -5.2% |
| Amounts payable within one year | 42/48 | €53,290 | €56,470 | +€3,180 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €53,017 | €54,921 | +€1,904 | +3.6% |
| Trade debts | 44 | €272 | - | -€272 | |
| Suppliers | 440/4 | €272 | - | -€272 | |
| Taxes, remuneration and social security | 45 | - | €1,549 | +€1,549 | |
| Taxes | 450/3 | - | €1,549 | +€1,549 | |
| Accrued charges and deferred income | 492/3 | €39 | €43 | +€4 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,539 | €51,678 | +€5,139 | +11.0% |
| Other operating charges | 640/8 | €5,229 | €8,400 | +€3,171 | +60.6% |
| Gross operating margin | 9900 | €73,265 | €126,288 | +€53,023 | +72.4% |
| Operating profit (loss) | 9901 | €21,497 | €66,211 | +€44,714 | +208% |
| Financial charges | 65/66B | €26,335 | €38,656 | +€12,321 | +46.8% |
| Recurring financial charges | 65 | €26,335 | €38,656 | +€12,321 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,838 | €27,555 | +€32,393 | |
| Income taxes | 67/77 | - | €7,228 | +€7,228 | |
| Profit (loss) for the period | 9904 | -€4,838 | €20,327 | +€25,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,838 | €20,327 | +€25,165 |
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.