IMMO-AMIAI: 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-AMIAI
Largest movements
- Cash +€242,782
up €242,782 (+37.1%), from €654,525 to €897,307
mainly Receivables within one year (+€203,464) and Net result for the year (+€112,634)
- Receivables within one year -€203,464
down €203,464 (-57.6%), from €353,482 to €150,018
- Tangible fixed assets -€58,270
down €58,270 (-7.8%), from €746,979 to €688,709
of which Land and buildings: -€45,575
- Tax, wage and social debts -€28,546
down €28,546 (-94.9%), from €30,077 to €1,531
- Trade debts +€27,781
up €27,781 (+687%), from €4,041 to €31,822
- Financial income +€39,866
new in 2025: €39,866
- Gross operating margin -€21,122
down €21,122 (-8.4%), from €251,209 to €230,087
- Taxes +€7,910
up €7,910 (+20.5%), from €38,509 to €46,419
- Depreciation -€2,832
down €2,832 (-4.6%), from €61,102 to €58,270
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 | €1,762,173 | €1,759,252 | -€2,922 | -0.2% |
| Fixed assets | 21/28 | €746,979 | €688,709 | -€58,270 | -7.8% |
| Tangible fixed assets | 22/27 | €746,979 | €688,709 | -€58,270 | -7.8% |
| Land and buildings | 22 | €717,207 | €671,632 | -€45,575 | -6.4% |
| Plant, machinery and equipment | 23 | €2,748 | €1,859 | -€890 | -32.4% |
| Furniture and vehicles | 24 | €27,024 | €15,219 | -€11,805 | -43.7% |
| Current assets | 29/58 | €1,015,194 | €1,070,543 | +€55,348 | +5.5% |
| Amounts receivable within one year | 40/41 | €353,482 | €150,018 | -€203,464 | -57.6% |
| Other amounts receivable | 41 | €353,482 | €150,018 | -€203,464 | -57.6% |
| Cash at bank and in hand | 54/58 | €654,525 | €897,307 | +€242,782 | +37.1% |
| Deferred charges and accrued income | 490/1 | €7,187 | €23,217 | +€16,031 | +223% |
| Total equity and liabilities | 10/49 | €1,762,173 | €1,759,252 | -€2,922 | -0.2% |
| Equity | 10/15 | €1,652,806 | €1,666,898 | +€14,092 | +0.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,590,833 | €1,604,925 | +€14,092 | +0.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €1,584,636 | €1,598,727 | +€14,092 | +0.9% |
| Amounts payable | 17/49 | €109,367 | €92,354 | -€17,013 | -15.6% |
| Amounts payable after more than one year | 17 | €54,610 | €54,610 | = | 0.0% |
| Other amounts payable | 178/9 | €54,610 | €54,610 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,687 | €33,353 | -€15,333 | -31.5% |
| Trade debts | 44 | €4,041 | €31,822 | +€27,781 | +687% |
| Suppliers | 440/4 | €4,041 | €31,822 | +€27,781 | +687% |
| Taxes, remuneration and social security | 45 | €30,077 | €1,531 | -€28,546 | -94.9% |
| Taxes | 450/3 | €30,077 | €1,531 | -€28,546 | -94.9% |
| Other amounts payable | 47/48 | €14,569 | - | -€14,569 | |
| Accrued charges and deferred income | 492/3 | €6,070 | €4,390 | -€1,680 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,102 | €58,270 | -€2,832 | -4.6% |
| Other operating charges | 640/8 | €54,536 | €52,224 | -€2,311 | -4.2% |
| Gross operating margin | 9900 | €251,209 | €230,087 | -€21,122 | -8.4% |
| Operating profit (loss) | 9901 | €135,572 | €119,593 | -€15,979 | -11.8% |
| Financial income | 75/76B | - | €39,866 | +€39,866 | |
| Recurring financial income | 75 | - | €39,866 | +€39,866 | |
| Financial charges | 65/66B | €382 | €407 | +€25 | +6.6% |
| Recurring financial charges | 65 | €382 | €407 | +€25 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €135,190 | €159,052 | +€23,862 | +17.7% |
| Income taxes | 67/77 | €38,509 | €46,419 | +€7,910 | +20.5% |
| Profit (loss) for the period | 9904 | €96,681 | €112,634 | +€15,952 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,681 | €112,634 | +€15,952 | +16.5% |
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.