ASM 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.
ASM IMMO
Largest movements
- Current investments +€17,008
up €17,008 (+106.3%), from €16,002 to €33,010
- Receivables within one year +€8,000
up €8,000 (+6.0%), from €132,610 to €140,610
- Reserves +€17,310
up €17,310 (+26.5%), from €65,252 to €82,562
of which Distributable reserves: +€17,310
- Tax, wage and social debts +€7,698
up €7,698 (+2029.9%), from €379 to €8,077
- Gross operating margin +€19,827
up €19,827 (+350.0%), from €5,665 to €25,492
- Taxes +€6,308
up €6,308 (+356.5%), from €1,770 to €8,078
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,327 | €216,334 | +€25,008 | +13.1% |
| Fixed assets | 21/28 | €42,714 | €42,714 | = | 0.0% |
| Tangible fixed assets | 22/27 | €42,714 | €42,714 | = | 0.0% |
| Land and buildings | 22 | €41,421 | €41,421 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,293 | €1,293 | = | 0.0% |
| Current assets | 29/58 | €148,613 | €173,620 | +€25,008 | +16.8% |
| Amounts receivable within one year | 40/41 | €132,610 | €140,610 | +€8,000 | +6.0% |
| Other amounts receivable | 41 | €132,610 | €140,610 | +€8,000 | +6.0% |
| Current investments | 50/53 | €16,002 | €33,010 | +€17,008 | +106.3% |
| Total equity and liabilities | 10/49 | €191,327 | €216,334 | +€25,008 | +13.1% |
| Equity | 10/15 | €175,972 | €193,282 | +€17,310 | +9.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €65,252 | €82,562 | +€17,310 | +26.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €57,752 | €75,062 | +€17,310 | +30.0% |
| Profit (loss) carried forward | 14 | €35,720 | €35,720 | = | 0.0% |
| Amounts payable | 17/49 | €15,355 | €23,052 | +€7,698 | +50.1% |
| Amounts payable within one year | 42/48 | €15,355 | €23,052 | +€7,698 | +50.1% |
| Trade debts | 44 | €1,268 | €1,268 | = | 0.0% |
| Suppliers | 440/4 | €1,268 | €1,268 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €379 | €8,077 | +€7,698 | +2029.9% |
| Taxes | 450/3 | €379 | €8,077 | +€7,698 | +2029.9% |
| Other amounts payable | 47/48 | €13,708 | €13,708 | = | 0.0% |
| Gross operating margin | 9900 | €5,665 | €25,492 | +€19,827 | +350.0% |
| Operating profit (loss) | 9901 | €5,665 | €25,492 | +€19,827 | +350.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Non-recurring financial income | 76B | - | €3 | +€3 | |
| Financial charges | 65/66B | €104 | €107 | +€3 | +3.1% |
| Recurring financial charges | 65 | €104 | €107 | +€3 | +3.1% |
| Non-recurring financial charges | 66B | €104 | €107 | +€3 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €5,562 | €25,388 | +€19,826 | +356.5% |
| Income taxes | 67/77 | €1,770 | €8,078 | +€6,308 | +356.5% |
| Profit (loss) for the period | 9904 | €3,792 | €17,310 | +€13,518 | +356.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,792 | €17,310 | +€13,518 | +356.5% |
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 2 October 2026 via checked.be.