IMMO ATR: 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 ATR
Largest movements
- Tangible fixed assets -€21,359
down €21,359 (-4.7%), from €452,604 to €431,245
of which Land and buildings: -€16,916
- Debts after one year -€34,873
down €34,873 (-12.9%), from €270,218 to €235,345
- Reserves +€9,174
up €9,174 (+38.5%), from €23,802 to €32,976
- Accrued charges and deferred income +€5,961
up €5,961 (+887%), from €672 to €6,634
- Trade debts -€5,808
down €5,808 (-100%), from €5,808 to €0
- Depreciation +€1,400
up €1,400 (+5.4%), from €25,961 to €27,361
- Gross operating margin +€1,070
up €1,070 (+1.8%), from €59,074 to €60,144
- Financial charges -€1,044
down €1,044 (-6.8%), from €15,414 to €14,370
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 | €473,596 | €449,374 | -€24,222 | -5.1% |
| Fixed assets | 21/28 | €452,604 | €431,245 | -€21,359 | -4.7% |
| Tangible fixed assets | 22/27 | €452,604 | €431,245 | -€21,359 | -4.7% |
| Land and buildings | 22 | €421,503 | €404,587 | -€16,916 | -4.0% |
| Plant, machinery and equipment | 23 | €31,101 | €26,658 | -€4,443 | -14.3% |
| Current assets | 29/58 | €20,992 | €18,129 | -€2,863 | -13.6% |
| Amounts receivable within one year | 40/41 | €16,021 | €13,629 | -€2,392 | -14.9% |
| Other amounts receivable | 41 | €16,021 | €13,629 | -€2,392 | -14.9% |
| Cash at bank and in hand | 54/58 | €3,747 | €3,236 | -€511 | -13.6% |
| Deferred charges and accrued income | 490/1 | €1,225 | €1,264 | +€39 | +3.2% |
| Total equity and liabilities | 10/49 | €473,596 | €449,374 | -€24,222 | -5.1% |
| Equity | 10/15 | €123,802 | €132,976 | +€9,174 | +7.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €23,802 | €32,976 | +€9,174 | +38.5% |
| Distributable reserves | 133 | €23,802 | €32,976 | +€9,174 | +38.5% |
| Amounts payable | 17/49 | €349,794 | €316,398 | -€33,396 | -9.5% |
| Amounts payable after more than one year | 17 | €270,218 | €235,345 | -€34,873 | -12.9% |
| Financial debts | 170/4 | €270,218 | €235,345 | -€34,873 | -12.9% |
| Amounts payable within one year | 42/48 | €78,904 | €74,420 | -€4,484 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €33,467 | €34,873 | +€1,406 | +4.2% |
| Trade debts | 44 | €5,808 | €0 | -€5,808 | -100% |
| Suppliers | 440/4 | €5,808 | €0 | -€5,808 | -100% |
| Taxes, remuneration and social security | 45 | €3,898 | €1,987 | -€1,912 | -49.0% |
| Taxes | 450/3 | €3,898 | €1,987 | -€1,912 | -49.0% |
| Other amounts payable | 47/48 | €35,730 | €37,560 | +€1,830 | +5.1% |
| Accrued charges and deferred income | 492/3 | €672 | €6,634 | +€5,961 | +887% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,961 | €27,361 | +€1,400 | +5.4% |
| Other operating charges | 640/8 | €5,870 | €6,184 | +€314 | +5.3% |
| Gross operating margin | 9900 | €59,074 | €60,144 | +€1,070 | +1.8% |
| Operating profit (loss) | 9901 | €27,243 | €26,599 | -€644 | -2.4% |
| Financial income | 75/76B | €156 | €148 | -€8 | -5.2% |
| Recurring financial income | 75 | €156 | €148 | -€8 | -5.2% |
| Financial charges | 65/66B | €15,414 | €14,370 | -€1,044 | -6.8% |
| Recurring financial charges | 65 | €15,414 | €14,370 | -€1,044 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €11,985 | €12,376 | +€392 | +3.3% |
| Income taxes | 67/77 | €3,198 | €3,203 | +€4 | +0.1% |
| Profit (loss) for the period | 9904 | €8,786 | €9,174 | +€388 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,786 | €9,174 | +€388 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.