IMMO AOUAD: 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 AOUAD
Largest movements
- Tangible fixed assets -€60,845
down €60,845 (-9.9%), from €614,831 to €553,987
of which Land and buildings: -€56,291
- Receivables within one year +€13,768
up €13,768 (+81.8%), from €16,841 to €30,609
of which Other amounts receivable: +€13,768
- Debts after one year -€51,598
down €51,598 (-9.6%), from €536,528 to €484,929
of which Financial debts: -€51,598
- Financial charges -€1,886
down €1,886 (-10.0%), from €18,877 to €16,991
- Gross operating margin -€1,826
down €1,826 (-1.9%), from €96,328 to €94,502
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 | €632,610 | €589,885 | -€42,725 | -6.8% |
| Fixed assets | 21/28 | €614,831 | €553,987 | -€60,845 | -9.9% |
| Tangible fixed assets | 22/27 | €614,831 | €553,987 | -€60,845 | -9.9% |
| Land and buildings | 22 | €596,617 | €540,326 | -€56,291 | -9.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €18,214 | €13,661 | -€4,554 | -25.0% |
| Current assets | 29/58 | €17,779 | €35,899 | +€18,120 | +101.9% |
| Amounts receivable within one year | 40/41 | €16,841 | €30,609 | +€13,768 | +81.8% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €16,841 | €30,609 | +€13,768 | +81.8% |
| Cash at bank and in hand | 54/58 | €938 | €1,964 | +€1,026 | +109.4% |
| Deferred charges and accrued income | 490/1 | - | €3,326 | +€3,326 | |
| Total equity and liabilities | 10/49 | €632,610 | €589,885 | -€42,725 | -6.8% |
| Equity | 10/15 | €44,896 | €46,324 | +€1,428 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,296 | €27,724 | +€1,428 | +5.4% |
| Amounts payable | 17/49 | €587,714 | €543,562 | -€44,152 | -7.5% |
| Amounts payable after more than one year | 17 | €536,528 | €484,929 | -€51,598 | -9.6% |
| Financial debts | 170/4 | €528,938 | €477,339 | -€51,598 | -9.8% |
| Other amounts payable | 178/9 | €7,590 | €7,590 | = | 0.0% |
| Amounts payable within one year | 42/48 | €51,187 | €56,795 | +€5,608 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €50,239 | €51,598 | +€1,359 | +2.7% |
| Trade debts | 44 | - | €4,052 | +€4,052 | |
| Suppliers | 440/4 | - | €4,052 | +€4,052 | |
| Taxes, remuneration and social security | 45 | - | €197 | +€197 | |
| Taxes | 450/3 | - | €197 | +€197 | |
| Other amounts payable | 47/48 | €947 | €947 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,838 | +€1,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,786 | €60,845 | +€58 | +0.1% |
| Other operating charges | 640/8 | €14,226 | €14,602 | +€376 | +2.6% |
| Gross operating margin | 9900 | €96,328 | €94,502 | -€1,826 | -1.9% |
| Operating profit (loss) | 9901 | €21,316 | €19,056 | -€2,259 | -10.6% |
| Financial charges | 65/66B | €18,877 | €16,991 | -€1,886 | -10.0% |
| Recurring financial charges | 65 | €18,877 | €16,991 | -€1,886 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €2,438 | €2,065 | -€373 | -15.3% |
| Income taxes | 67/77 | €768 | €637 | -€130 | -17.0% |
| Profit (loss) for the period | 9904 | €1,670 | €1,428 | -€243 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,670 | €1,428 | -€243 | -14.5% |
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 9 October 2026 via checked.be.