Astrid 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.
What changed
Astrid Immo
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€40,195
2024 · €37,473+€2,722
Equity
€2.1m
2024 · €2.1m+€40,195
Cash
€52,471
2024 · €49,892+€2,578
Balance sheet total
€9.2m
2024 · €9.5m-€305,402
Largest movements
Assets
- Tangible fixed assets -€316,580
down €316,580 (-3.4%), from €9.4m to €9.1m
of which Other tangible fixed assets: -€319,001
Equity and liabilities
- Debts after one year -€445,340
down €445,340 (-7.3%), from €6.1m to €5.6m
- Other debts +€122,027
up €122,027 (+22.7%), from €536,839 to €658,866
Income statement
- Depreciation -€43,336
down €43,336 (-10.4%), from €416,355 to €373,019
- Financial charges +€31,905
up €31,905 (+31.8%), from €100,318 to €132,223
- Gross operating margin -€8,918
down €8,918 (-1.4%), from €618,866 to €609,948
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.
Result 2024
€37,473
Gross operating margin
-€8,918
Depreciation
+€43,336
Other operating charges
-€703
Other operating items
+€1,026
Financial income
-€60
Financial charges
-€31,905
Taxes
-€54
Result 2025
€40,195
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.
From operations
+€503,715
Investment
-€56,439
Financing
-€444,697
Cash 2024
€49,892
From operations (derived)
+€503,715
Net result for the year
+€40,195
Depreciation
+€373,019
Receivables within one year
-€6,916
Deferred charges and accrued income
-€1,684
Provisions
-€11,705
Trade debts
+€16,977
Tax, wage and social debts
+€28
Other debts
+€122,027
Accrued charges and deferred income
-€28,226
Investment (derived)
-€56,439
Investment in fixed assets (net)
-€56,439
Financing
-€444,697
Debts after one year
-€445,340
Current portion of long-term debt
+€643
Cash 2025
€52,471
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,461,306 | €9,155,904 | -€305,402 | -3.2% |
| Fixed assets | 21/28 | €9,405,107 | €9,088,527 | -€316,580 | -3.4% |
| Tangible fixed assets | 22/27 | €9,405,107 | €9,088,527 | -€316,580 | -3.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,031 | €4,453 | +€2,421 | +119.2% |
| Other tangible fixed assets | 26 | €9,403,076 | €9,084,075 | -€319,001 | -3.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €56,199 | €67,377 | +€11,178 | +19.9% |
| Amounts receivable within one year | 40/41 | €418 | €7,334 | +€6,916 | +1655.0% |
| Trade receivables | 40 | €0 | €6,916 | +€6,916 | |
| Other amounts receivable | 41 | €418 | €418 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,892 | €52,471 | +€2,578 | +5.2% |
| Deferred charges and accrued income | 490/1 | €5,888 | €7,573 | +€1,684 | +28.6% |
| Total equity and liabilities | 10/49 | €9,461,306 | €9,155,904 | -€305,402 | -3.2% |
| Equity | 10/15 | €2,076,587 | €2,116,782 | +€40,195 | +1.9% |
| Contributions | 10/11 | €199,802 | €199,802 | = | 0.0% |
| Capital | 10 | €199,802 | €199,802 | = | 0.0% |
| Issued capital | 100 | €199,802 | €199,802 | = | 0.0% |
| Reserves | 13 | €1,876,785 | €1,916,980 | +€40,195 | +2.1% |
| Non-distributable reserves | 130/1 | €19,980 | €19,980 | = | 0.0% |
| Legal reserve | 130 | €19,980 | €19,980 | = | 0.0% |
| Tax-exempt reserves | 132 | €791,079 | €755,963 | -€35,115 | -4.4% |
| Distributable reserves | 133 | €1,065,726 | €1,141,036 | +€75,310 | +7.1% |
| Provisions and deferred taxes | 16 | €263,693 | €251,988 | -€11,705 | -4.4% |
| Deferred taxes | 168 | €263,693 | €251,988 | -€11,705 | -4.4% |
| Amounts payable | 17/49 | €7,121,026 | €6,787,134 | -€333,891 | -4.7% |
| Amounts payable after more than one year | 17 | €6,089,476 | €5,644,136 | -€445,340 | -7.3% |
| Financial debts | 170/4 | €6,089,476 | €5,644,136 | -€445,340 | -7.3% |
| Amounts payable within one year | 42/48 | €998,513 | €1,138,188 | +€139,675 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €452,284 | €452,926 | +€643 | +0.1% |
| Trade debts | 44 | €3,873 | €20,850 | +€16,977 | +438.4% |
| Suppliers | 440/4 | €3,873 | €20,850 | +€16,977 | +438.4% |
| Taxes, remuneration and social security | 45 | €5,518 | €5,546 | +€28 | +0.5% |
| Taxes | 450/3 | €5,518 | €5,546 | +€28 | +0.5% |
| Other amounts payable | 47/48 | €536,839 | €658,866 | +€122,027 | +22.7% |
| Accrued charges and deferred income | 492/3 | €33,037 | €4,811 | -€28,226 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416,355 | €373,019 | -€43,336 | -10.4% |
| Other operating charges | 640/8 | €74,967 | €75,671 | +€703 | +0.9% |
| Non-recurring operating charges | 66A | €1,026 | €0 | -€1,026 | -100.0% |
| Gross operating margin | 9900 | €618,866 | €609,948 | -€8,918 | -1.4% |
| Operating profit (loss) | 9901 | €126,517 | €161,258 | +€34,741 | +27.5% |
| Financial income | 75/76B | €60 | €0 | -€60 | -100.0% |
| Recurring financial income | 75 | €60 | €0 | -€60 | -100.0% |
| Financial charges | 65/66B | €100,318 | €132,223 | +€31,905 | +31.8% |
| Recurring financial charges | 65 | €100,318 | €132,223 | +€31,905 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €26,259 | €29,036 | +€2,776 | +10.6% |
| Transfer from deferred taxes | 780 | €11,705 | €11,705 | = | 0.0% |
| Income taxes | 67/77 | €492 | €546 | +€54 | +11.0% |
| Profit (loss) for the period | 9904 | €37,473 | €40,195 | +€2,722 | +7.3% |
| Transfer from tax-exempt reserves | 789 | €35,115 | €35,115 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,588 | €75,310 | +€2,722 | +3.8% |
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.