IMMO AURORAL: 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 AURORAL
Largest movements
- Tangible fixed assets +€903,076
up €903,076 (+455%), from €198,557 to €1.1m
of which Land and buildings: +€905,767
- Receivables after one year -€82,500
no longer reported in 2025 (was €82,500)
- Cash -€67,846
down €67,846 (-73.6%), from €92,120 to €24,274
mainly Investment in fixed assets (net) (-€942,995) and Net result for the year (-€31,639)
- Debts after one year +€619,550
up €619,550 (+390%), from €158,993 to €778,543
of which Financial debts: +€619,550
- Other debts +€145,182
up €145,182 (+103%), from €141,480 to €286,662
- Profit (loss) carried forward -€31,639
down €31,639, from €13,447 to -€18,192
- Current portion of long-term debt +€22,718
up €22,718 (+213%), from €10,658 to €33,376
- Depreciation +€23,218
up €23,218 (+139%), from €16,700 to €39,919
- Financial charges +€20,478
up €20,478 (+491%), from €4,168 to €24,646
- Other operating charges +€16,225
up €16,225 (+288%), from €5,625 to €21,850
- Taxes -€6,946
down €6,946 (-93.6%), from €7,419 to €473
- Gross operating margin +€5,659
up €5,659 (+11.4%), from €49,588 to €55,248
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 | €374,990 | €1,125,908 | +€750,917 | +200% |
| Fixed assets | 21/28 | €198,557 | €1,101,634 | +€903,076 | +455% |
| Tangible fixed assets | 22/27 | €198,557 | €1,101,634 | +€903,076 | +455% |
| Land and buildings | 22 | €165,650 | €1,071,417 | +€905,767 | +547% |
| Plant, machinery and equipment | 23 | €32,907 | €30,216 | -€2,691 | -8.2% |
| Current assets | 29/58 | €176,433 | €24,274 | -€152,159 | -86.2% |
| Amounts receivable after more than one year | 29 | €82,500 | - | -€82,500 | |
| Trade receivables | 290 | €82,500 | - | -€82,500 | |
| Amounts receivable within one year | 40/41 | €1,813 | - | -€1,813 | |
| Trade receivables | 40 | €1,813 | - | -€1,813 | |
| Cash at bank and in hand | 54/58 | €92,120 | €24,274 | -€67,846 | -73.6% |
| Total equity and liabilities | 10/49 | €374,990 | €1,125,908 | +€750,917 | +200% |
| Equity | 10/15 | €56,547 | €24,908 | -€31,639 | -56.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,900 | €36,900 | = | 0.0% |
| Distributable reserves | 133 | €36,900 | €36,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,447 | -€18,192 | -€31,639 | |
| Amounts payable | 17/49 | €318,443 | €1,101,000 | +€782,557 | +246% |
| Amounts payable after more than one year | 17 | €158,993 | €778,543 | +€619,550 | +390% |
| Financial debts | 170/4 | €127,408 | €746,958 | +€619,550 | +486% |
| Other amounts payable | 178/9 | €31,585 | €31,585 | = | 0.0% |
| Amounts payable within one year | 42/48 | €159,450 | €322,457 | +€163,006 | +102% |
| Current portion of amounts payable after more than one year | 42 | €10,658 | €33,376 | +€22,718 | +213% |
| Trade debts | 44 | €4,894 | - | -€4,894 | |
| Suppliers | 440/4 | €4,894 | - | -€4,894 | |
| Taxes, remuneration and social security | 45 | €2,419 | €2,419 | = | 0.0% |
| Taxes | 450/3 | €2,419 | €2,419 | = | 0.0% |
| Other amounts payable | 47/48 | €141,480 | €286,662 | +€145,182 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,700 | €39,919 | +€23,218 | +139% |
| Other operating charges | 640/8 | €5,625 | €21,850 | +€16,225 | +288% |
| Gross operating margin | 9900 | €49,588 | €55,248 | +€5,659 | +11.4% |
| Operating profit (loss) | 9901 | €27,263 | -€6,521 | -€33,784 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,168 | €24,646 | +€20,478 | +491% |
| Recurring financial charges | 65 | €4,168 | €24,646 | +€20,478 | +491% |
| Profit (loss) for the period before taxes | 9903 | €23,096 | -€31,167 | -€54,262 | |
| Income taxes | 67/77 | €7,419 | €473 | -€6,946 | -93.6% |
| Profit (loss) for the period | 9904 | €15,677 | -€31,639 | -€47,316 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,677 | -€31,639 | -€47,316 |
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 28 October 2026 via checked.be.