Antony 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.
Antony Immo
Largest movements
- Tangible fixed assets -€46,605
down €46,605 (-4.5%), from €1.0m to €989,130
- Cash +€18,745
up €18,745 (+1406.1%), from €1,333 to €20,078
mainly Depreciation (+€46,605) and Net result for the year (+€21,801)
- Debts after one year -€50,956
down €50,956 (-5.4%), from €945,712 to €894,756
of which Financial debts: -€50,956
- Profit (loss) carried forward +€13,940
no longer reported in 2025 (was -€13,940)
- Gross operating margin +€65,804
up €65,804 (+151.4%), from €43,456 to €109,260
- Depreciation +€23,775
up €23,775 (+104.1%), from €22,830 to €46,605
- Taxes +€2,861
new in 2025: €2,861
- Other operating charges +€2,400
up €2,400 (+43.5%), from €5,515 to €7,915
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 | €1,037,068 | €1,014,908 | -€22,160 | -2.1% |
| Fixed assets | 21/28 | €1,035,735 | €989,130 | -€46,605 | -4.5% |
| Tangible fixed assets | 22/27 | €1,035,735 | €989,130 | -€46,605 | -4.5% |
| Land and buildings | 22 | €1,035,735 | €989,130 | -€46,605 | -4.5% |
| Current assets | 29/58 | €1,333 | €25,778 | +€24,445 | +1833.7% |
| Cash at bank and in hand | 54/58 | €1,333 | €20,078 | +€18,745 | +1406.1% |
| Deferred charges and accrued income | 490/1 | - | €5,700 | +€5,700 | |
| Total equity and liabilities | 10/49 | €1,037,068 | €1,014,908 | -€22,160 | -2.1% |
| Equity | 10/15 | €32,679 | €54,480 | +€21,801 | +66.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,019 | €35,880 | +€7,860 | +28.1% |
| Distributable reserves | 133 | €28,019 | €35,880 | +€7,860 | +28.1% |
| Profit (loss) carried forward | 14 | -€13,940 | - | +€13,940 | |
| Amounts payable | 17/49 | €1,004,389 | €960,428 | -€43,960 | -4.4% |
| Amounts payable after more than one year | 17 | €945,712 | €894,756 | -€50,956 | -5.4% |
| Financial debts | 170/4 | €761,412 | €710,456 | -€50,956 | -6.7% |
| Other amounts payable | 178/9 | €184,300 | €184,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,841 | €64,347 | +€6,506 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €47,688 | €49,642 | +€1,954 | +4.1% |
| Taxes, remuneration and social security | 45 | €6,224 | €2,861 | -€3,362 | -54.0% |
| Taxes | 450/3 | €6,224 | €2,861 | -€3,362 | -54.0% |
| Other amounts payable | 47/48 | €3,930 | €11,844 | +€7,915 | +201.4% |
| Accrued charges and deferred income | 492/3 | €835 | €1,325 | +€490 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,830 | €46,605 | +€23,775 | +104.1% |
| Other operating charges | 640/8 | €5,515 | €7,915 | +€2,400 | +43.5% |
| Gross operating margin | 9900 | €43,456 | €109,260 | +€65,804 | +151.4% |
| Operating profit (loss) | 9901 | €15,111 | €54,740 | +€39,629 | +262.2% |
| Financial charges | 65/66B | €29,052 | €30,078 | +€1,027 | +3.5% |
| Recurring financial charges | 65 | €29,052 | €30,078 | +€1,027 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,940 | €24,662 | +€38,602 | |
| Income taxes | 67/77 | - | €2,861 | +€2,861 | |
| Profit (loss) for the period | 9904 | -€13,940 | €21,801 | +€35,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,940 | €21,801 | +€35,741 |
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 7 October 2026 via checked.be.