IMMO A & J: 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 & J
Largest movements
- Tangible fixed assets +€45,703
up €45,703 (+32.6%), from €140,283 to €185,985
of which Furniture and vehicles: +€59,720
- Cash -€41,075
down €41,075 (-40.3%), from €102,045 to €60,971
mainly Investment in fixed assets (net) (-€66,660) and Other debts (-€6,000)
- Profit (loss) carried forward +€8,651
up €8,651 (+18.0%), from €48,127 to €56,778
- Other debts -€6,000
down €6,000 (-3.8%), from €156,475 to €150,475
- Gross operating margin +€7,544
up €7,544 (+21.9%), from €34,478 to €42,022
- Depreciation +€6,940
up €6,940 (+49.5%), from €14,017 to €20,957
- Financial charges -€1,274
down €1,274 (-24.8%), from €5,145 to €3,871
- Taxes +€556
up €556 (+20.5%), from €2,717 to €3,272
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 | €245,276 | €249,933 | +€4,657 | +1.9% |
| Fixed assets | 21/28 | €140,283 | €185,985 | +€45,703 | +32.6% |
| Tangible fixed assets | 22/27 | €140,283 | €185,985 | +€45,703 | +32.6% |
| Land and buildings | 22 | €140,283 | €126,266 | -€14,017 | -10.0% |
| Furniture and vehicles | 24 | - | €59,720 | +€59,720 | |
| Current assets | 29/58 | €104,994 | €63,948 | -€41,046 | -39.1% |
| Amounts receivable within one year | 40/41 | €1,906 | €1,239 | -€667 | -35.0% |
| Trade receivables | 40 | €1,906 | €1,239 | -€667 | -35.0% |
| Current investments | 50/53 | €41 | - | -€41 | |
| Cash at bank and in hand | 54/58 | €102,045 | €60,971 | -€41,075 | -40.3% |
| Deferred charges and accrued income | 490/1 | €1,002 | €1,738 | +€736 | +73.5% |
| Total equity and liabilities | 10/49 | €245,276 | €249,933 | +€4,657 | +1.9% |
| Equity | 10/15 | €83,629 | €92,280 | +€8,651 | +10.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €502 | €502 | = | 0.0% |
| Distributable reserves | 133 | €502 | €502 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,127 | €56,778 | +€8,651 | +18.0% |
| Amounts payable | 17/49 | €161,647 | €157,653 | -€3,993 | -2.5% |
| Amounts payable within one year | 42/48 | €161,647 | €157,653 | -€3,993 | -2.5% |
| Trade debts | 44 | €1,074 | €1,943 | +€869 | +80.9% |
| Suppliers | 440/4 | €1,074 | €1,943 | +€869 | +80.9% |
| Taxes, remuneration and social security | 45 | €4,098 | €5,235 | +€1,138 | +27.8% |
| Taxes | 450/3 | €4,098 | €5,235 | +€1,138 | +27.8% |
| Other amounts payable | 47/48 | €156,475 | €150,475 | -€6,000 | -3.8% |
| Non-recurring operating income | 76A | - | €8,250 | +€8,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,017 | €20,957 | +€6,940 | +49.5% |
| Other operating charges | 640/8 | €5,310 | €5,274 | -€36 | -0.7% |
| Gross operating margin | 9900 | €34,478 | €42,022 | +€7,544 | +21.9% |
| Operating profit (loss) | 9901 | €15,151 | €15,792 | +€641 | +4.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €5,145 | €3,871 | -€1,274 | -24.8% |
| Recurring financial charges | 65 | €5,145 | €3,871 | -€1,274 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €10,006 | €11,923 | +€1,917 | +19.2% |
| Income taxes | 67/77 | €2,717 | €3,272 | +€556 | +20.5% |
| Profit (loss) for the period | 9904 | €7,289 | €8,651 | +€1,361 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,289 | €8,651 | +€1,361 | +18.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.