AREGO 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.
AREGO IMMO
Largest movements
- Cash -€39,669
down €39,669 (-64.4%), from €61,610 to €21,941
mainly Investment in fixed assets (net) (-€43,673) and Debts after one year (-€37,072)
- Receivables within one year +€7,606
up €7,606 (+77.4%), from €9,823 to €17,428
of which Trade receivables: +€6,499
- Debts after one year -€37,072
down €37,072 (-17.1%), from €217,264 to €180,192
- Reserves +€11,810
up €11,810 (+117.1%), from €10,083 to €21,893
- Trade debts -€5,423
down €5,423 (-95.7%), from €5,665 to €242
- Depreciation -€1,490
down €1,490 (-3.4%), from €44,344 to €42,854
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 | €521,125 | €489,881 | -€31,244 | -6.0% |
| Fixed assets | 21/28 | €449,692 | €450,511 | +€820 | +0.2% |
| Tangible fixed assets | 22/27 | €449,692 | €450,511 | +€820 | +0.2% |
| Land and buildings | 22 | €449,692 | €450,511 | +€820 | +0.2% |
| Current assets | 29/58 | €71,433 | €39,370 | -€32,063 | -44.9% |
| Amounts receivable within one year | 40/41 | €9,823 | €17,428 | +€7,606 | +77.4% |
| Trade receivables | 40 | €9,343 | €15,841 | +€6,499 | +69.6% |
| Other amounts receivable | 41 | €480 | €1,587 | +€1,107 | +230.6% |
| Cash at bank and in hand | 54/58 | €61,610 | €21,941 | -€39,669 | -64.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €521,125 | €489,881 | -€31,244 | -6.0% |
| Equity | 10/15 | €260,083 | €271,893 | +€11,810 | +4.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €10,083 | €21,893 | +€11,810 | +117.1% |
| Distributable reserves | 133 | €10,083 | €21,893 | +€11,810 | +117.1% |
| Amounts payable | 17/49 | €261,041 | €217,988 | -€43,053 | -16.5% |
| Amounts payable after more than one year | 17 | €217,264 | €180,192 | -€37,072 | -17.1% |
| Financial debts | 170/4 | €217,264 | €180,192 | -€37,072 | -17.1% |
| Amounts payable within one year | 42/48 | €43,777 | €37,796 | -€5,981 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €37,681 | €37,554 | -€127 | -0.3% |
| Trade debts | 44 | €5,665 | €242 | -€5,423 | -95.7% |
| Suppliers | 440/4 | €5,665 | €242 | -€5,423 | -95.7% |
| Other amounts payable | 47/48 | €432 | €0 | -€432 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,344 | €42,854 | -€1,490 | -3.4% |
| Other operating charges | 640/8 | €563 | €577 | +€14 | +2.5% |
| Gross operating margin | 9900 | €63,302 | €63,353 | +€52 | +0.1% |
| Operating profit (loss) | 9901 | €18,395 | €19,922 | +€1,527 | +8.3% |
| Financial charges | 65/66B | €5,401 | €5,700 | +€299 | +5.5% |
| Recurring financial charges | 65 | €5,401 | €5,700 | +€299 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €12,994 | €14,222 | +€1,228 | +9.5% |
| Income taxes | 67/77 | €3,020 | €2,413 | -€607 | -20.1% |
| Profit (loss) for the period | 9904 | €9,974 | €11,810 | +€1,836 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,974 | €11,810 | +€1,836 | +18.4% |
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 9 October 2026 via checked.be.