IMMO A & T: 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 & T
Largest movements
- Tangible fixed assets -€21,928
down €21,928 (-7.0%), from €312,335 to €290,407
- Deferred charges and accrued income +€3,601
up €3,601 (+179%), from €2,013 to €5,614
- Debts after one year -€24,075
down €24,075 (-15.5%), from €155,026 to €130,950
- Short-term financial debts +€7,655
up €7,655 (+109%), from €6,994 to €14,649
- Tax, wage and social debts -€6,340
down €6,340 (-100%), from €6,340 to €0
- Gross operating margin -€11,038
down €11,038 (-23.2%), from €47,616 to €36,578
- Other operating charges -€8,696
down €8,696 (-60.3%), from €14,416 to €5,720
- Financial charges -€3,837
down €3,837 (-39.1%), from €9,813 to €5,976
- Depreciation +€1,982
up €1,982 (+9.9%), from €19,946 to €21,928
- Taxes -€1,806
down €1,806 (-59.1%), from €3,055 to €1,249
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 | €346,758 | €327,237 | -€19,521 | -5.6% |
| Fixed assets | 21/28 | €312,335 | €290,407 | -€21,928 | -7.0% |
| Tangible fixed assets | 22/27 | €312,335 | €290,407 | -€21,928 | -7.0% |
| Land and buildings | 22 | €236,407 | €230,746 | -€5,661 | -2.4% |
| Plant, machinery and equipment | 23 | €49,352 | €40,332 | -€9,019 | -18.3% |
| Furniture and vehicles | 24 | €26,577 | €19,328 | -€7,248 | -27.3% |
| Current assets | 29/58 | €34,423 | €36,830 | +€2,408 | +7.0% |
| Amounts receivable within one year | 40/41 | €18,644 | €17,812 | -€832 | -4.5% |
| Trade receivables | 40 | €4,505 | €4,862 | +€357 | +7.9% |
| Other amounts receivable | 41 | €14,139 | €12,950 | -€1,189 | -8.4% |
| Cash at bank and in hand | 54/58 | €13,765 | €13,404 | -€362 | -2.6% |
| Deferred charges and accrued income | 490/1 | €2,013 | €5,614 | +€3,601 | +179% |
| Total equity and liabilities | 10/49 | €346,758 | €327,237 | -€19,521 | -5.6% |
| Equity | 10/15 | €147,404 | €149,161 | +€1,758 | +1.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,004 | €138,761 | +€1,758 | +1.3% |
| Amounts payable | 17/49 | €199,354 | €178,075 | -€21,278 | -10.7% |
| Amounts payable after more than one year | 17 | €155,026 | €130,950 | -€24,075 | -15.5% |
| Financial debts | 170/4 | €155,026 | €130,950 | -€24,075 | -15.5% |
| Amounts payable within one year | 42/48 | €44,328 | €47,125 | +€2,797 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €16,516 | €16,159 | -€357 | -2.2% |
| Financial debts | 43 | €6,994 | €14,649 | +€7,655 | +109% |
| Credit institutions | 430/8 | €6,994 | €14,649 | +€7,655 | +109% |
| Trade debts | 44 | €14,478 | €16,317 | +€1,839 | +12.7% |
| Suppliers | 440/4 | €14,478 | €16,317 | +€1,839 | +12.7% |
| Taxes, remuneration and social security | 45 | €6,340 | €0 | -€6,340 | -100% |
| Taxes | 450/3 | €6,340 | €0 | -€6,340 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,946 | €21,928 | +€1,982 | +9.9% |
| Other operating charges | 640/8 | €14,416 | €5,720 | -€8,696 | -60.3% |
| Gross operating margin | 9900 | €47,616 | €36,578 | -€11,038 | -23.2% |
| Operating profit (loss) | 9901 | €13,253 | €8,930 | -€4,323 | -32.6% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €9,813 | €5,976 | -€3,837 | -39.1% |
| Recurring financial charges | 65 | €9,813 | €5,976 | -€3,837 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €3,440 | €3,007 | -€434 | -12.6% |
| Income taxes | 67/77 | €3,055 | €1,249 | -€1,806 | -59.1% |
| Profit (loss) for the period | 9904 | €385 | €1,758 | +€1,372 | +356% |
| Profit (loss) for the period to be appropriated | 9905 | €385 | €1,758 | +€1,372 | +356% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.