IMMO A.T: what changed
Two fiscal 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
- Deferred charges and accrued income +€25,400
up €25,400 (+552.2%), from €4,600 to €30,000
- Tangible fixed assets -€10,757
down €10,757 (-3.0%), from €364,516 to €353,758
- Other debts +€10,034
up €10,034 (+9.9%), from €101,000 to €111,034
- Debts after one year -€9,788
down €9,788 (-4.0%), from €247,693 to €237,906
- Profit (loss) carried forward +€5,742
up €5,742 (+71.1%), from -€8,074 to -€2,332
- Gross operating margin +€9,596
up €9,596 (+49.7%), from €19,324 to €28,920
- Depreciation -€6,547
down €6,547 (-36.0%), from €18,200 to €11,653
- Financial charges +€2,210
up €2,210 (+28.6%), from €7,731 to €9,941
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.
Cash bridge derived
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 | €373,196 | €383,758 | +€10,562 | +2.8% |
| Formation expenses | 20 | €896 | €0 | -€896 | -100.0% |
| Fixed assets | 21/28 | €364,516 | €353,758 | -€10,757 | -3.0% |
| Tangible fixed assets | 22/27 | €364,516 | €353,758 | -€10,757 | -3.0% |
| Land and buildings | 22 | €364,516 | €353,758 | -€10,757 | -3.0% |
| Current assets | 29/58 | €7,784 | €30,000 | +€22,216 | +285.4% |
| Cash at bank and in hand | 54/58 | €3,184 | €0 | -€3,184 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,600 | €30,000 | +€25,400 | +552.2% |
| Total equity and liabilities | 10/49 | €373,196 | €383,758 | +€10,562 | +2.8% |
| Equity | 10/15 | €9,926 | €15,668 | +€5,742 | +57.9% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,074 | -€2,332 | +€5,742 | +71.1% |
| Amounts payable | 17/49 | €363,271 | €368,091 | +€4,820 | +1.3% |
| Amounts payable after more than one year | 17 | €247,693 | €237,906 | -€9,788 | -4.0% |
| Financial debts | 170/4 | €247,693 | €237,906 | -€9,788 | -4.0% |
| Amounts payable within one year | 42/48 | €114,406 | €129,442 | +€15,036 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €10,215 | €10,588 | +€373 | +3.6% |
| Financial debts | 43 | - | €3,134 | +€3,134 | |
| Credit institutions | 430/8 | - | €3,134 | +€3,134 | |
| Trade debts | 44 | €3,191 | €4,686 | +€1,495 | +46.9% |
| Suppliers | 440/4 | €3,191 | €4,686 | +€1,495 | +46.9% |
| Other amounts payable | 47/48 | €101,000 | €111,034 | +€10,034 | +9.9% |
| Accrued charges and deferred income | 492/3 | €1,171 | €743 | -€428 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,200 | €11,653 | -€6,547 | -36.0% |
| Other operating charges | 640/8 | €1,468 | €1,584 | +€116 | +7.9% |
| Gross operating margin | 9900 | €19,324 | €28,920 | +€9,596 | +49.7% |
| Operating profit (loss) | 9901 | -€344 | €15,683 | +€16,027 | |
| Financial charges | 65/66B | €7,731 | €9,941 | +€2,210 | +28.6% |
| Recurring financial charges | 65 | €7,731 | €9,941 | +€2,210 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,074 | €5,742 | +€13,817 | |
| Profit (loss) for the period | 9904 | -€8,074 | €5,742 | +€13,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,074 | €5,742 | +€13,817 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.