IMMO AT-CONSTRUCT: 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 AT-CONSTRUCT
Largest movements
- Tangible fixed assets -€7,960
down €7,960 (-2.1%), from €372,156 to €364,196
- Cash -€5,153
down €5,153 (-92.9%), from €5,549 to €396
mainly Debts after one year (-€19,924) and Advances received (-€3,873)
- Debts after one year -€19,924
down €19,924 (-26.5%), from €75,279 to €55,355
- Reserves +€10,311
up €10,311 (+5.1%), from €200,556 to €210,867
of which Distributable reserves: +€10,311
- Advances received -€3,873
down €3,873 (-69.2%), from €5,598 to €1,725
- Gross operating margin +€13,143
up €13,143 (+120%), from €10,932 to €24,075
- Depreciation +€7,960
new in 2025: €7,960
- Financial charges -€814
down €814 (-23.7%), from €3,435 to €2,622
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 | €379,179 | €366,476 | -€12,703 | -3.4% |
| Fixed assets | 21/28 | €372,156 | €364,196 | -€7,960 | -2.1% |
| Tangible fixed assets | 22/27 | €372,156 | €364,196 | -€7,960 | -2.1% |
| Land and buildings | 22 | €372,156 | €364,196 | -€7,960 | -2.1% |
| Current assets | 29/58 | €7,023 | €2,280 | -€4,743 | -67.5% |
| Amounts receivable within one year | 40/41 | €1,474 | €1,884 | +€410 | +27.8% |
| Other amounts receivable | 41 | €1,474 | €1,884 | +€410 | +27.8% |
| Cash at bank and in hand | 54/58 | €5,549 | €396 | -€5,153 | -92.9% |
| Total equity and liabilities | 10/49 | €379,179 | €366,476 | -€12,703 | -3.4% |
| Equity | 10/15 | €229,467 | €237,090 | +€7,623 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,556 | €210,867 | +€10,311 | +5.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,696 | €209,007 | +€10,311 | +5.2% |
| Profit (loss) carried forward | 14 | €10,311 | €7,623 | -€2,689 | -26.1% |
| Amounts payable | 17/49 | €149,712 | €129,386 | -€20,325 | -13.6% |
| Amounts payable after more than one year | 17 | €75,279 | €55,355 | -€19,924 | -26.5% |
| Financial debts | 170/4 | €75,279 | €55,355 | -€19,924 | -26.5% |
| Amounts payable within one year | 42/48 | €74,432 | €74,031 | -€401 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €20,586 | €20,396 | -€190 | -0.9% |
| Trade debts | 44 | €7,551 | €11,262 | +€3,711 | +49.1% |
| Suppliers | 440/4 | €7,551 | €11,262 | +€3,711 | +49.1% |
| Advances received on contracts in progress | 46 | €5,598 | €1,725 | -€3,873 | -69.2% |
| Taxes, remuneration and social security | 45 | €8,261 | €8,212 | -€49 | -0.6% |
| Taxes | 450/3 | €8,261 | €8,212 | -€49 | -0.6% |
| Other amounts payable | 47/48 | €32,436 | €32,436 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,960 | +€7,960 | |
| Other operating charges | 640/8 | €5,945 | €5,871 | -€74 | -1.2% |
| Gross operating margin | 9900 | €10,932 | €24,075 | +€13,143 | +120% |
| Operating profit (loss) | 9901 | €4,987 | €10,244 | +€5,257 | +105% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,435 | €2,622 | -€814 | -23.7% |
| Recurring financial charges | 65 | €3,435 | €2,622 | -€814 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €1,551 | €7,623 | +€6,071 | +391% |
| Profit (loss) for the period | 9904 | €1,551 | €7,623 | +€6,071 | +391% |
| Profit (loss) for the period to be appropriated | 9905 | €1,551 | €7,623 | +€6,071 | +391% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.