IMMO ALDERS: 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 ALDERS
Largest movements
- Tangible fixed assets -€20,892
down €20,892 (-9.6%), from €217,187 to €196,296
- Receivables within one year +€9,605
up €9,605 (+5.6%), from €172,443 to €182,048
- Profit (loss) carried forward -€11,221
down €11,221 (-4.5%), from -€249,387 to -€260,609
- Gross operating margin -€45,279
down €45,279 (-78.9%), from €57,363 to €12,085
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 | €469,504 | €458,368 | -€11,136 | -2.4% |
| Fixed assets | 21/28 | €217,187 | €196,296 | -€20,892 | -9.6% |
| Tangible fixed assets | 22/27 | €217,187 | €196,296 | -€20,892 | -9.6% |
| Land and buildings | 22 | €217,187 | €196,296 | -€20,892 | -9.6% |
| Current assets | 29/58 | €252,316 | €262,072 | +€9,756 | +3.9% |
| Amounts receivable within one year | 40/41 | €172,443 | €182,048 | +€9,605 | +5.6% |
| Other amounts receivable | 41 | €172,443 | €182,048 | +€9,605 | +5.6% |
| Cash at bank and in hand | 54/58 | €79,873 | €78,424 | -€1,449 | -1.8% |
| Deferred charges and accrued income | 490/1 | - | €1,600 | +€1,600 | |
| Total equity and liabilities | 10/49 | €469,504 | €458,368 | -€11,136 | -2.4% |
| Equity | 10/15 | €469,504 | €458,283 | -€11,221 | -2.4% |
| Contributions | 10/11 | €718,891 | €718,891 | = | 0.0% |
| Capital | 10 | €718,891 | €718,891 | = | 0.0% |
| Issued capital | 100 | €718,891 | €718,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,387 | -€260,609 | -€11,221 | -4.5% |
| Amounts payable | 17/49 | €0 | €86 | +€86 | |
| Amounts payable within one year | 42/48 | €0 | €86 | +€86 | |
| Trade debts | 44 | €0 | €86 | +€86 | |
| Suppliers | 440/4 | €0 | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,892 | €20,892 | = | 0.0% |
| Other operating charges | 640/8 | €11,511 | €11,869 | +€358 | +3.1% |
| Gross operating margin | 9900 | €57,363 | €12,085 | -€45,279 | -78.9% |
| Operating profit (loss) | 9901 | €24,960 | -€20,676 | -€45,637 | |
| Financial income | 75/76B | €10,144 | €9,605 | -€539 | -5.3% |
| Recurring financial income | 75 | €10,144 | €9,605 | -€539 | -5.3% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €34,969 | -€11,221 | -€46,190 | |
| Profit (loss) for the period | 9904 | €34,969 | -€11,221 | -€46,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,969 | -€11,221 | -€46,190 |
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 16 October 2026 via checked.be.