AY 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.
AY IMMO
Largest movements
- Tangible fixed assets -€14,875
down €14,875 (-6.2%), from €238,438 to €223,563
- Cash +€5,920
up €5,920 (+63.3%), from €9,360 to €15,280
mainly Net result for the year (+€16,888) and Depreciation (+€14,875)
- Debts after one year -€22,130
down €22,130 (-13.7%), from €161,378 to €139,248
- Profit (loss) carried forward +€16,888
up €16,888 (+53.0%), from €31,843 to €48,731
- Accrued charges and deferred income -€3,500
no longer reported in 2025 (was €3,500)
- Purchases and services +€2,109
new in 2025: €2,109
- Gross operating margin +€755
up €755 (+1.7%), from €43,479 to €44,234
- Financial charges -€471
down €471 (-10.4%), from €4,535 to €4,064
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 | €265,131 | €256,207 | -€8,924 | -3.4% |
| Fixed assets | 21/28 | €238,438 | €223,563 | -€14,875 | -6.2% |
| Tangible fixed assets | 22/27 | €238,438 | €223,563 | -€14,875 | -6.2% |
| Land and buildings | 22 | €238,438 | €223,563 | -€14,875 | -6.2% |
| Current assets | 29/58 | €26,694 | €32,645 | +€5,951 | +22.3% |
| Amounts receivable within one year | 40/41 | €16,513 | €16,513 | = | 0.0% |
| Trade receivables | 40 | €1,513 | €1,513 | = | 0.0% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,360 | €15,280 | +€5,920 | +63.3% |
| Deferred charges and accrued income | 490/1 | €822 | €852 | +€31 | +3.7% |
| Total equity and liabilities | 10/49 | €265,131 | €256,207 | -€8,924 | -3.4% |
| Equity | 10/15 | €50,443 | €67,331 | +€16,888 | +33.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,843 | €48,731 | +€16,888 | +53.0% |
| Amounts payable | 17/49 | €214,688 | €188,876 | -€25,812 | -12.0% |
| Amounts payable after more than one year | 17 | €161,378 | €139,248 | -€22,130 | -13.7% |
| Financial debts | 170/4 | €161,378 | €139,248 | -€22,130 | -13.7% |
| Amounts payable within one year | 42/48 | €49,810 | €49,628 | -€183 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €21,649 | €22,130 | +€481 | +2.2% |
| Trade debts | 44 | €2,776 | €2,507 | -€269 | -9.7% |
| Suppliers | 440/4 | €2,776 | €2,507 | -€269 | -9.7% |
| Taxes, remuneration and social security | 45 | €10,586 | €8,991 | -€1,595 | -15.1% |
| Taxes | 450/3 | €10,586 | €8,991 | -€1,595 | -15.1% |
| Other amounts payable | 47/48 | €14,800 | €16,000 | +€1,200 | +8.1% |
| Accrued charges and deferred income | 492/3 | €3,500 | - | -€3,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,109 | +€2,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,875 | €14,875 | = | 0.0% |
| Other operating charges | 640/8 | €2,175 | €2,259 | +€84 | +3.9% |
| Gross operating margin | 9900 | €43,479 | €44,234 | +€755 | +1.7% |
| Operating profit (loss) | 9901 | €26,429 | €27,100 | +€671 | +2.5% |
| Financial charges | 65/66B | €4,535 | €4,064 | -€471 | -10.4% |
| Recurring financial charges | 65 | €4,535 | €4,064 | -€471 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €21,894 | €23,036 | +€1,142 | +5.2% |
| Income taxes | 67/77 | €5,843 | €6,148 | +€305 | +5.2% |
| Profit (loss) for the period | 9904 | €16,051 | €16,888 | +€837 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,051 | €16,888 | +€837 | +5.2% |
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.