IMMO-ATELIER 4D: 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-ATELIER 4D
Largest movements
- Tangible fixed assets -€19,420
down €19,420 (-4.4%), from €443,275 to €423,855
- Cash +€9,206
up €9,206 (+573%), from €1,607 to €10,813
mainly Depreciation (+€19,420) and Net result for the year (+€17,451)
- Debts after one year -€32,365
down €32,365 (-10.0%), from €323,737 to €291,372
- Profit (loss) carried forward +€17,451
up €17,451 (+36.9%), from €47,278 to €64,730
- Gross operating margin +€2,688
up €2,688 (+5.6%), from €48,008 to €50,696
- Taxes +€1,380
up €1,380 (+30.8%), from €4,481 to €5,862
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 | €444,882 | €434,668 | -€10,214 | -2.3% |
| Fixed assets | 21/28 | €443,275 | €423,855 | -€19,420 | -4.4% |
| Tangible fixed assets | 22/27 | €443,275 | €423,855 | -€19,420 | -4.4% |
| Land and buildings | 22 | €443,275 | €423,855 | -€19,420 | -4.4% |
| Current assets | 29/58 | €1,607 | €10,813 | +€9,206 | +573% |
| Cash at bank and in hand | 54/58 | €1,607 | €10,813 | +€9,206 | +573% |
| Total equity and liabilities | 10/49 | €444,882 | €434,668 | -€10,214 | -2.3% |
| Equity | 10/15 | €65,878 | €83,330 | +€17,451 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,278 | €64,730 | +€17,451 | +36.9% |
| Amounts payable | 17/49 | €379,003 | €351,338 | -€27,665 | -7.3% |
| Amounts payable after more than one year | 17 | €323,737 | €291,372 | -€32,365 | -10.0% |
| Financial debts | 170/4 | €323,737 | €291,372 | -€32,365 | -10.0% |
| Amounts payable within one year | 42/48 | €55,266 | €59,966 | +€4,700 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €32,034 | €32,365 | +€331 | +1.0% |
| Trade debts | 44 | €296 | €583 | +€287 | +97.0% |
| Suppliers | 440/4 | €296 | €583 | +€287 | +97.0% |
| Taxes, remuneration and social security | 45 | €3,342 | €5,584 | +€2,241 | +67.1% |
| Taxes | 450/3 | €3,342 | €5,584 | +€2,241 | +67.1% |
| Other amounts payable | 47/48 | €19,594 | €21,434 | +€1,840 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,420 | €19,420 | = | 0.0% |
| Other operating charges | 640/8 | €4,500 | €4,349 | -€151 | -3.4% |
| Gross operating margin | 9900 | €48,008 | €50,696 | +€2,688 | +5.6% |
| Operating profit (loss) | 9901 | €24,088 | €26,927 | +€2,839 | +11.8% |
| Financial charges | 65/66B | €3,925 | €3,614 | -€311 | -7.9% |
| Recurring financial charges | 65 | €3,925 | €3,614 | -€311 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €20,163 | €23,313 | +€3,150 | +15.6% |
| Income taxes | 67/77 | €4,481 | €5,862 | +€1,380 | +30.8% |
| Profit (loss) for the period | 9904 | €15,682 | €17,451 | +€1,769 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,682 | €17,451 | +€1,769 | +11.3% |
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.