IMMO A.G.Y.: 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.
IMMO A.G.Y.
Largest movements
- Cash -€305,558
down €305,558 (-100.0%), from €305,604 to €46
mainly Receivables within one year (-€186,215) and Trade debts (-€95,185)
- Receivables within one year +€186,215
up €186,215 (+114%), from €163,827 to €350,042
of which Other amounts receivable: +€181,502
- Trade debts -€95,185
down €95,185 (-97.0%), from €98,108 to €2,924
- Reserves -€27,924
down €27,924 (-28.3%), from €98,503 to €70,580
of which Distributable reserves: -€27,924
- Other debts +€6,165
up €6,165 (+5.0%), from €123,435 to €129,600
- Gross operating margin +€51,832
up €51,832, from -€31,195 to €20,637
- Other operating charges -€4,640
down €4,640 (-66.2%), from €7,011 to €2,371
- Financial income +€4,305
up €4,305 (+8,886%), from €48 to €4,354
- Financial charges -€2,573
down €2,573 (-19.6%), from €13,116 to €10,544
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 | €469,431 | €350,087 | -€119,343 | -25.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €469,431 | €350,087 | -€119,343 | -25.4% |
| Amounts receivable within one year | 40/41 | €163,827 | €350,042 | +€186,215 | +114% |
| Trade receivables | 40 | - | €4,713 | +€4,713 | |
| Other amounts receivable | 41 | €163,827 | €345,329 | +€181,502 | +111% |
| Cash at bank and in hand | 54/58 | €305,604 | €46 | -€305,558 | -100.0% |
| Total equity and liabilities | 10/49 | €469,431 | €350,087 | -€119,343 | -25.4% |
| Equity | 10/15 | €198,503 | €170,580 | -€27,924 | -14.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €98,503 | €70,580 | -€27,924 | -28.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €88,503 | €60,580 | -€27,924 | -31.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €270,927 | €179,508 | -€91,420 | -33.7% |
| Amounts payable after more than one year | 17 | €31,989 | €31,989 | = | 0.0% |
| Financial debts | 170/4 | €31,989 | €31,989 | = | 0.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €238,939 | €147,519 | -€91,420 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €8,556 | €8,556 | = | 0.0% |
| Trade debts | 44 | €98,108 | €2,924 | -€95,185 | -97.0% |
| Suppliers | 440/4 | €98,108 | €2,924 | -€95,185 | -97.0% |
| Taxes, remuneration and social security | 45 | €8,839 | €6,439 | -€2,400 | -27.2% |
| Taxes | 450/3 | €8,839 | €6,439 | -€2,400 | -27.2% |
| Other amounts payable | 47/48 | €123,435 | €129,600 | +€6,165 | +5.0% |
| Non-recurring operating income | 76A | €73,820 | €0 | -€73,820 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €7,011 | €2,371 | -€4,640 | -66.2% |
| Non-recurring operating charges | 66A | €329,480 | €40,000 | -€289,480 | -87.9% |
| Gross operating margin | 9900 | -€31,195 | €20,637 | +€51,832 | |
| Operating profit (loss) | 9901 | -€367,686 | -€21,734 | +€345,953 | +94.1% |
| Financial income | 75/76B | €48 | €4,354 | +€4,305 | +8,886% |
| Recurring financial income | 75 | €48 | €4,354 | +€4,305 | +8,886% |
| Financial charges | 65/66B | €13,116 | €10,544 | -€2,573 | -19.6% |
| Recurring financial charges | 65 | €13,116 | €10,544 | -€2,573 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€380,754 | -€27,924 | +€352,831 | +92.7% |
| Transfer from deferred taxes | 780 | €87,397 | €0 | -€87,397 | -100% |
| Profit (loss) for the period | 9904 | -€293,357 | -€27,924 | +€265,433 | +90.5% |
| Transfer from tax-exempt reserves | 789 | €262,192 | €0 | -€262,192 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,165 | -€27,924 | +€3,242 | +10.4% |
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 17 October 2026 via checked.be.