IMMO A.M.D.: 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.M.D.
Largest movements
- Receivables within one year -€20,256
down €20,256 (-87.9%), from €23,045 to €2,789
of which Other amounts receivable: -€14,975
- Tangible fixed assets -€19,691
down €19,691 (-2.8%), from €698,829 to €679,137
- Cash -€10,954
down €10,954 (-7.3%), from €149,571 to €138,617
mainly Accrued charges and deferred income (-€31,728) and Net result for the year (-€21,054)
- Accrued charges and deferred income -€31,728
down €31,728 (-91.6%), from €34,646 to €2,918
- Profit (loss) carried forward -€21,054
down €21,054 (-146%), from -€14,455 to -€35,509
- Other debts +€9,232
up €9,232 (+4.0%), from €229,412 to €238,644
- Gross operating margin -€44,783
down €44,783 (-89.1%), from €50,253 to €5,471
- Financial charges -€14,489
down €14,489 (-99.1%), from €14,619 to €130
- Depreciation -€12,227
down €12,227 (-38.3%), from €31,919 to €19,691
- Financial income +€4,298
up €4,298 (+7,335%), from €59 to €4,356
- Other operating charges +€1,235
up €1,235 (+12.6%), from €9,824 to €11,059
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 | €871,445 | €820,543 | -€50,902 | -5.8% |
| Fixed assets | 21/28 | €698,829 | €679,137 | -€19,691 | -2.8% |
| Tangible fixed assets | 22/27 | €698,829 | €679,137 | -€19,691 | -2.8% |
| Land and buildings | 22 | €698,829 | €679,137 | -€19,691 | -2.8% |
| Current assets | 29/58 | €172,616 | €141,406 | -€31,210 | -18.1% |
| Amounts receivable within one year | 40/41 | €23,045 | €2,789 | -€20,256 | -87.9% |
| Trade receivables | 40 | €8,053 | €2,772 | -€5,281 | -65.6% |
| Other amounts receivable | 41 | €14,992 | €17 | -€14,975 | -99.9% |
| Cash at bank and in hand | 54/58 | €149,571 | €138,617 | -€10,954 | -7.3% |
| Total equity and liabilities | 10/49 | €871,445 | €820,543 | -€50,902 | -5.8% |
| Equity | 10/15 | €601,879 | €576,469 | -€25,410 | -4.2% |
| Contributions | 10/11 | €34,609 | €34,609 | = | 0.0% |
| Reserves | 13 | €577,369 | €577,369 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,461 | €3,461 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,461 | €3,461 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,227 | €117,227 | = | 0.0% |
| Distributable reserves | 133 | €456,681 | €456,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,455 | -€35,509 | -€21,054 | -146% |
| Investment grants | 15 | €4,356 | €0 | -€4,356 | -100% |
| Amounts payable | 17/49 | €269,566 | €244,074 | -€25,491 | -9.5% |
| Amounts payable after more than one year | 17 | €1,630 | €1,630 | = | 0.0% |
| Other amounts payable | 178/9 | €1,630 | €1,630 | = | 0.0% |
| Amounts payable within one year | 42/48 | €233,290 | €239,527 | +€6,237 | +2.7% |
| Trade debts | 44 | €2,449 | €414 | -€2,036 | -83.1% |
| Suppliers | 440/4 | €2,449 | €414 | -€2,036 | -83.1% |
| Taxes, remuneration and social security | 45 | €1,429 | €470 | -€959 | -67.1% |
| Taxes | 450/3 | €1,041 | €470 | -€572 | -54.9% |
| Remuneration and social security | 454/9 | €387 | €0 | -€387 | -100% |
| Other amounts payable | 47/48 | €229,412 | €238,644 | +€9,232 | +4.0% |
| Accrued charges and deferred income | 492/3 | €34,646 | €2,918 | -€31,728 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,919 | €19,691 | -€12,227 | -38.3% |
| Other operating charges | 640/8 | €9,824 | €11,059 | +€1,235 | +12.6% |
| Gross operating margin | 9900 | €50,253 | €5,471 | -€44,783 | -89.1% |
| Operating profit (loss) | 9901 | €8,511 | -€25,280 | -€33,790 | |
| Financial income | 75/76B | €59 | €4,356 | +€4,298 | +7,335% |
| Recurring financial income | 75 | €59 | €4,356 | +€4,298 | +7,335% |
| Financial charges | 65/66B | €14,619 | €130 | -€14,489 | -99.1% |
| Recurring financial charges | 65 | €14,619 | €130 | -€14,489 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,050 | -€21,054 | -€15,004 | -248% |
| Income taxes | 67/77 | €233 | €0 | -€233 | -100% |
| Profit (loss) for the period | 9904 | -€6,284 | -€21,054 | -€14,770 | -235% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,284 | -€21,054 | -€14,770 | -235% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.