AS PRO 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.
AS PRO IMMO
Largest movements
- Financial fixed assets +€183,746
up €183,746 (+15,399%), from €1,193 to €184,940
- Receivables within one year -€161,099
down €161,099 (-93.8%), from €171,699 to €10,600
of which Other amounts receivable: -€161,099
- Tangible fixed assets -€14,037
down €14,037 (-4.5%), from €309,164 to €295,127
of which Land and buildings: -€20,765
- Other debts -€59,088
down €59,088 (-100%), from €59,088 to €0
- Debts after one year +€40,992
up €40,992 (+10.4%), from €394,513 to €435,505
of which Other amounts payable: +€30,000
- Profit (loss) carried forward +€23,195
up €23,195 (+6.5%), from -€357,692 to -€334,497
- Write-downs -€92,614
down €92,614 (-99.2%), from €93,400 to €786
- Gross operating margin -€30,197
down €30,197 (-21.2%), from €142,181 to €111,984
- Taxes -€13,810
down €13,810 (-55.1%), from €25,042 to €11,232
- Financial charges -€7,267
down €7,267 (-17.3%), from €41,970 to €34,703
- Other operating charges +€3,679
up €3,679 (+29.7%), from €12,388 to €16,067
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 | €492,260 | €501,758 | +€9,499 | +1.9% |
| Fixed assets | 21/28 | €310,357 | €480,067 | +€169,709 | +54.7% |
| Tangible fixed assets | 22/27 | €309,164 | €295,127 | -€14,037 | -4.5% |
| Land and buildings | 22 | €287,682 | €266,917 | -€20,765 | -7.2% |
| Plant, machinery and equipment | 23 | €21,482 | €16,423 | -€5,059 | -23.5% |
| Furniture and vehicles | 24 | - | €11,787 | +€11,787 | |
| Financial fixed assets | 28 | €1,193 | €184,940 | +€183,746 | +15,399% |
| Current assets | 29/58 | €181,902 | €21,692 | -€160,211 | -88.1% |
| Amounts receivable within one year | 40/41 | €171,699 | €10,600 | -€161,099 | -93.8% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €161,699 | €600 | -€161,099 | -99.6% |
| Cash at bank and in hand | 54/58 | €7,873 | €11,092 | +€3,219 | +40.9% |
| Deferred charges and accrued income | 490/1 | €2,331 | €0 | -€2,331 | -100% |
| Total equity and liabilities | 10/49 | €492,260 | €501,758 | +€9,499 | +1.9% |
| Equity | 10/15 | €14,252 | €37,446 | +€23,195 | +163% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Revaluation surpluses | 12 | €84,990 | €84,990 | = | 0.0% |
| Reserves | 13 | €211,954 | €211,954 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,072 | €7,072 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,072 | €7,072 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,049 | €28,049 | = | 0.0% |
| Distributable reserves | 133 | €176,833 | €176,833 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€357,692 | -€334,497 | +€23,195 | +6.5% |
| Amounts payable | 17/49 | €478,008 | €464,312 | -€13,696 | -2.9% |
| Amounts payable after more than one year | 17 | €394,513 | €435,505 | +€40,992 | +10.4% |
| Financial debts | 170/4 | €394,513 | €405,505 | +€10,992 | +2.8% |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €83,495 | €28,807 | -€54,688 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €7,118 | €7,826 | +€708 | +10.0% |
| Trade debts | 44 | €17,289 | €20,980 | +€3,692 | +21.4% |
| Suppliers | 440/4 | €17,289 | €20,980 | +€3,692 | +21.4% |
| Other amounts payable | 47/48 | €59,088 | €0 | -€59,088 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,607 | €25,830 | +€1,223 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €93,400 | €786 | -€92,614 | -99.2% |
| Other operating charges | 640/8 | €12,388 | €16,067 | +€3,679 | +29.7% |
| Gross operating margin | 9900 | €142,181 | €111,984 | -€30,197 | -21.2% |
| Operating profit (loss) | 9901 | €11,785 | €69,300 | +€57,514 | +488% |
| Financial charges | 65/66B | €41,970 | €34,703 | -€7,267 | -17.3% |
| Recurring financial charges | 65 | €41,970 | €34,703 | -€7,267 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,185 | €34,597 | +€64,782 | |
| Income taxes | 67/77 | €25,042 | €11,232 | -€13,810 | -55.1% |
| Profit (loss) for the period | 9904 | -€55,227 | €23,365 | +€78,592 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,227 | €23,365 | +€78,592 |
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 18 October 2026 via checked.be.