IMMO AFC: 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 AFC
Largest movements
- Tangible fixed assets -€2,420
down €2,420 (-12.3%), from €19,739 to €17,319
- Cash +€1,851
up €1,851 (+35.1%), from €5,267 to €7,118
mainly Net result for the year (+€3,536) and Depreciation (+€2,420)
- Deferred charges and accrued income +€335
new in 2025: €335
- Profit (loss) carried forward +€3,536
up €3,536 (+36.4%), from -€9,717 to -€6,180
- Debts after one year -€2,743
no longer reported in 2025 (was €2,743)
- Current portion of long-term debt -€1,287
down €1,287 (-30.7%), from €4,186 to €2,899
- Trade debts +€400
new in 2025: €400
- Gross operating margin +€2,286
up €2,286 (+34.5%), from €6,627 to €8,913
- Other operating charges +€1,421
up €1,421 (+107.9%), from €1,316 to €2,737
- Financial charges -€151
down €151 (-40.6%), from €371 to €220
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 | €25,006 | €24,772 | -€234 | -0.9% |
| Fixed assets | 21/28 | €19,739 | €17,319 | -€2,420 | -12.3% |
| Tangible fixed assets | 22/27 | €19,739 | €17,319 | -€2,420 | -12.3% |
| Land and buildings | 22 | €19,739 | €17,319 | -€2,420 | -12.3% |
| Current assets | 29/58 | €5,267 | €7,453 | +€2,186 | +41.5% |
| Cash at bank and in hand | 54/58 | €5,267 | €7,118 | +€1,851 | +35.1% |
| Deferred charges and accrued income | 490/1 | - | €335 | +€335 | |
| Total equity and liabilities | 10/49 | €25,006 | €24,772 | -€234 | -0.9% |
| Equity | 10/15 | €9,059 | €12,595 | +€3,536 | +39.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €183 | €183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €183 | €183 | = | 0.0% |
| Reserves not available under the articles | 1311 | €183 | €183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,717 | -€6,180 | +€3,536 | +36.4% |
| Amounts payable | 17/49 | €15,947 | €12,177 | -€3,770 | -23.6% |
| Amounts payable after more than one year | 17 | €2,743 | - | -€2,743 | |
| Financial debts | 170/4 | €2,743 | - | -€2,743 | |
| Amounts payable within one year | 42/48 | €13,204 | €12,177 | -€1,027 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €4,186 | €2,899 | -€1,287 | -30.7% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €140 | - | -€140 | |
| Taxes | 450/3 | €140 | - | -€140 | |
| Other amounts payable | 47/48 | €8,879 | €8,879 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,420 | €2,420 | = | 0.0% |
| Other operating charges | 640/8 | €1,316 | €2,737 | +€1,421 | +107.9% |
| Gross operating margin | 9900 | €6,627 | €8,913 | +€2,286 | +34.5% |
| Operating profit (loss) | 9901 | €2,891 | €3,757 | +€865 | +29.9% |
| Financial charges | 65/66B | €371 | €220 | -€151 | -40.6% |
| Recurring financial charges | 65 | €371 | €220 | -€151 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €2,520 | €3,536 | +€1,016 | +40.3% |
| Profit (loss) for the period | 9904 | €2,520 | €3,536 | +€1,016 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,520 | €3,536 | +€1,016 | +40.3% |
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 6 October 2026 via checked.be.