Immo A.D.F.: what changed
Immo A.D.F.
Largest movements
- Cash +€4,291
up €4,291 (+185%), from €2,322 to €6,613
mainly Other debts (+€3,590) and Deferred charges and accrued income (+€3,264)
- Deferred charges and accrued income -€3,264
down €3,264 (-66.8%), from €4,887 to €1,623
- Tangible fixed assets -€1,438
down €1,438 (-25.9%), from €5,549 to €4,111
of which Furniture and vehicles: -€1,191
- Other debts +€3,590
up €3,590 (+39.0%), from €9,215 to €12,805
- Tax, wage and social debts -€2,240
down €2,240 (-74.5%), from €3,009 to €769
- Trade debts -€2,230
down €2,230 (-41.2%), from €5,406 to €3,177
- Profit (loss) carried forward +€450
up €450 (+0.2%), from -€222,724 to -€222,274
- Depreciation -€775
down €775 (-35.0%), from €2,212 to €1,438
- Gross operating margin -€602
down €602 (-9.9%), from €6,109 to €5,506
- Financial income +€319
up €319, from €0 to €319
- Financial charges +€218
up €218 (+32.2%), from €677 to €895
- Other operating charges +€96
up €96 (+3.7%), from €2,556 to €2,652
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,189 | €21,758 | -€431 | -1.9% |
| Fixed assets | 21/28 | €5,549 | €4,111 | -€1,438 | -25.9% |
| Tangible fixed assets | 22/27 | €5,549 | €4,111 | -€1,438 | -25.9% |
| Plant, machinery and equipment | 23 | €470 | €223 | -€247 | -52.5% |
| Furniture and vehicles | 24 | €5,079 | €3,888 | -€1,191 | -23.5% |
| Current assets | 29/58 | €16,640 | €17,647 | +€1,007 | +6.1% |
| Amounts receivable within one year | 40/41 | €9,431 | €9,412 | -€20 | -0.2% |
| Trade receivables | 40 | €6,573 | €6,782 | +€209 | +3.2% |
| Other amounts receivable | 41 | €2,858 | €2,630 | -€229 | -8.0% |
| Cash at bank and in hand | 54/58 | €2,322 | €6,613 | +€4,291 | +185% |
| Deferred charges and accrued income | 490/1 | €4,887 | €1,623 | -€3,264 | -66.8% |
| Total equity and liabilities | 10/49 | €22,189 | €21,758 | -€431 | -1.9% |
| Equity | 10/15 | €4,558 | €5,008 | +€450 | +9.9% |
| Contributions | 10/11 | €206,500 | €206,500 | = | 0.0% |
| Capital | 10 | €206,500 | €206,500 | = | 0.0% |
| Issued capital | 100 | €206,500 | €206,500 | = | 0.0% |
| Reserves | 13 | €20,782 | €20,782 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,917 | €4,917 | = | 0.0% |
| Legal reserve | 130 | €4,917 | €4,917 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,471 | €3,471 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,724 | -€222,274 | +€450 | +0.2% |
| Amounts payable | 17/49 | €17,631 | €16,750 | -€880 | -5.0% |
| Amounts payable within one year | 42/48 | €17,631 | €16,750 | -€880 | -5.0% |
| Trade debts | 44 | €5,406 | €3,177 | -€2,230 | -41.2% |
| Suppliers | 440/4 | €5,406 | €3,177 | -€2,230 | -41.2% |
| Taxes, remuneration and social security | 45 | €3,009 | €769 | -€2,240 | -74.5% |
| Taxes | 450/3 | €3,009 | €769 | -€2,240 | -74.5% |
| Other amounts payable | 47/48 | €9,215 | €12,805 | +€3,590 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,212 | €1,438 | -€775 | -35.0% |
| Other operating charges | 640/8 | €2,556 | €2,652 | +€96 | +3.7% |
| Gross operating margin | 9900 | €6,109 | €5,506 | -€602 | -9.9% |
| Operating profit (loss) | 9901 | €1,340 | €1,416 | +€76 | +5.7% |
| Financial income | 75/76B | €0 | €319 | +€319 | |
| Recurring financial income | 75 | €0 | €319 | +€319 | |
| Financial charges | 65/66B | €677 | €895 | +€218 | +32.2% |
| Recurring financial charges | 65 | €677 | €895 | +€218 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €663 | €841 | +€178 | +26.9% |
| Income taxes | 67/77 | €482 | €391 | -€90 | -18.8% |
| Profit (loss) for the period | 9904 | €181 | €450 | +€269 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €181 | €450 | +€269 | +148% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.