IMMO ALDEN BIESEN: 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 ALDEN BIESEN
Largest movements
- Tangible fixed assets -€219,650
down €219,650 (-4.3%), from €5.2m to €4.9m
- Receivables within one year +€74,775
up €74,775 (+261%), from €28,598 to €103,373
of which Trade receivables: +€69,697
- Debts after one year -€233,340
down €233,340 (-7.3%), from €3.2m to €2.9m
- Profit (loss) carried forward +€104,260
up €104,260 (+32.9%), from -€317,321 to -€213,061
- Financial charges -€61,507
down €61,507 (-31.9%), from €192,894 to €131,387
- Turnover +€54,065
up €54,065 (+12.4%), from €437,641 to €491,706
- Other operating income +€14,023
up €14,023 (+109%), from €12,871 to €26,894
- Services and other goods +€10,894
up €10,894 (+21.2%), from €51,349 to €62,243
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 | €5,297,513 | €5,157,644 | -€139,869 | -2.6% |
| Fixed assets | 21/28 | €5,162,717 | €4,943,067 | -€219,650 | -4.3% |
| Tangible fixed assets | 22/27 | €5,162,717 | €4,943,067 | -€219,650 | -4.3% |
| Other tangible fixed assets | 26 | €5,162,717 | €4,943,067 | -€219,650 | -4.3% |
| Current assets | 29/58 | €134,796 | €214,577 | +€79,781 | +59.2% |
| Amounts receivable within one year | 40/41 | €28,598 | €103,373 | +€74,775 | +261% |
| Trade receivables | 40 | €25,075 | €94,772 | +€69,697 | +278% |
| Other amounts receivable | 41 | €3,523 | €8,600 | +€5,077 | +144% |
| Cash at bank and in hand | 54/58 | €92,427 | €97,182 | +€4,756 | +5.1% |
| Deferred charges and accrued income | 490/1 | €13,772 | €14,022 | +€251 | +1.8% |
| Total equity and liabilities | 10/49 | €5,297,513 | €5,157,644 | -€139,869 | -2.6% |
| Equity | 10/15 | €1,842,679 | €1,946,939 | +€104,260 | +5.7% |
| Contributions | 10/11 | €2,160,000 | €2,160,000 | = | 0.0% |
| Capital | 10 | €2,160,000 | €2,160,000 | = | 0.0% |
| Issued capital | 100 | €2,700,000 | €2,700,000 | = | 0.0% |
| Uncalled capital | 101 | €540,000 | €540,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€317,321 | -€213,061 | +€104,260 | +32.9% |
| Amounts payable | 17/49 | €3,454,834 | €3,210,704 | -€244,129 | -7.1% |
| Amounts payable after more than one year | 17 | €3,183,290 | €2,949,950 | -€233,340 | -7.3% |
| Financial debts | 170/4 | €3,183,290 | €2,949,950 | -€233,340 | -7.3% |
| Credit institutions | 173 | €3,183,290 | €2,949,950 | -€233,340 | -7.3% |
| Amounts payable within one year | 42/48 | €254,227 | €241,437 | -€12,790 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €233,340 | €233,340 | = | 0.0% |
| Trade debts | 44 | €20,887 | €8,097 | -€12,790 | -61.2% |
| Suppliers | 440/4 | €20,887 | €8,097 | -€12,790 | -61.2% |
| Accrued charges and deferred income | 492/3 | €17,317 | €19,318 | +€2,001 | +11.6% |
| Operating income | 70/76A | €450,512 | €518,600 | +€68,088 | +15.1% |
| Turnover | 70 | €437,641 | €491,706 | +€54,065 | +12.4% |
| Other operating income | 74 | €12,871 | €26,894 | +€14,023 | +109% |
| Operating charges | 60/66A | €272,028 | €282,953 | +€10,925 | +4.0% |
| Services and other goods | 61 | €51,349 | €62,243 | +€10,894 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,650 | €219,650 | = | 0.0% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Operating profit (loss) | 9901 | €178,484 | €235,647 | +€57,163 | +32.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €192,894 | €131,387 | -€61,507 | -31.9% |
| Recurring financial charges | 65 | €192,894 | €131,387 | -€61,507 | -31.9% |
| Debt charges | 650 | €192,744 | €131,170 | -€61,574 | -31.9% |
| Other financial charges | 652/9 | €150 | €216 | +€66 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,410 | €104,260 | +€118,670 | |
| Profit (loss) for the period | 9904 | -€14,410 | €104,260 | +€118,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,410 | €104,260 | +€118,670 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.