IMMO APB ARLON: 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 APB ARLON
Largest movements
- Tangible fixed assets -€112,434
down €112,434 (-6.9%), from €1.6m to €1.5m
of which Leasing and similar rights: -€112,434
- Receivables within one year -€24,769
down €24,769 (-100.0%), from €24,770 to €1
- Debts after one year -€123,076
down €123,076 (-11.8%), from €1.0m to €923,666
of which Financial debts: -€123,076
- Short-term financial debts -€95,739
down €95,739 (-55.4%), from €172,933 to €77,194
- Profit (loss) carried forward +€81,789
up €81,789 (+23.6%), from €346,068 to €427,857
- Gross operating margin +€29,942
up €29,942 (+12.4%), from €240,834 to €270,776
- Financial charges -€23,478
down €23,478 (-32.3%), from €72,767 to €49,289
- Taxes +€13,355
up €13,355 (+96.0%), from €13,908 to €27,263
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 | €1,717,920 | €1,587,006 | -€130,914 | -7.6% |
| Fixed assets | 21/28 | €1,656,281 | €1,543,847 | -€112,434 | -6.8% |
| Tangible fixed assets | 22/27 | €1,635,205 | €1,522,771 | -€112,434 | -6.9% |
| Leasing and similar rights | 25 | €1,404,965 | €1,292,531 | -€112,434 | -8.0% |
| Other tangible fixed assets | 26 | €230,240 | €230,240 | = | 0.0% |
| Financial fixed assets | 28 | €21,076 | €21,076 | = | 0.0% |
| Current assets | 29/58 | €61,638 | €43,158 | -€18,480 | -30.0% |
| Amounts receivable within one year | 40/41 | €24,770 | €1 | -€24,769 | -100.0% |
| Other amounts receivable | 41 | €24,770 | €1 | -€24,769 | -100.0% |
| Cash at bank and in hand | 54/58 | €36,868 | €43,157 | +€6,289 | +17.1% |
| Total equity and liabilities | 10/49 | €1,717,920 | €1,587,006 | -€130,914 | -7.6% |
| Equity | 10/15 | €368,068 | €449,857 | +€81,789 | +22.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,068 | €427,857 | +€81,789 | +23.6% |
| Amounts payable | 17/49 | €1,349,852 | €1,137,149 | -€212,704 | -15.8% |
| Amounts payable after more than one year | 17 | €1,046,742 | €923,666 | -€123,076 | -11.8% |
| Financial debts | 170/4 | €990,492 | €867,416 | -€123,076 | -12.4% |
| Other amounts payable | 178/9 | €56,250 | €56,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €303,110 | €213,483 | -€89,627 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €119,600 | €123,428 | +€3,828 | +3.2% |
| Financial debts | 43 | €172,933 | €77,194 | -€95,739 | -55.4% |
| Other loans | 439 | €172,933 | €77,194 | -€95,739 | -55.4% |
| Trade debts | 44 | €10,577 | €10,598 | +€21 | +0.2% |
| Suppliers | 440/4 | €10,577 | €10,598 | +€21 | +0.2% |
| Taxes, remuneration and social security | 45 | - | €2,263 | +€2,263 | |
| Taxes | 450/3 | - | €2,263 | +€2,263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,434 | €112,434 | = | 0.0% |
| Gross operating margin | 9900 | €240,834 | €270,776 | +€29,942 | +12.4% |
| Operating profit (loss) | 9901 | €128,400 | €158,342 | +€29,942 | +23.3% |
| Financial charges | 65/66B | €72,767 | €49,289 | -€23,478 | -32.3% |
| Recurring financial charges | 65 | €72,767 | €49,289 | -€23,478 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €55,633 | €109,053 | +€53,420 | +96.0% |
| Income taxes | 67/77 | €13,908 | €27,263 | +€13,355 | +96.0% |
| Profit (loss) for the period | 9904 | €41,725 | €81,789 | +€40,065 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,725 | €81,789 | +€40,065 | +96.0% |
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 25 October 2026 via checked.be.