IMMO AVA & CO: 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 AVA & CO
Largest movements
- Cash -€137,946
down €137,946 (-71.0%), from €194,336 to €56,390
mainly Debts after one year (-€309,308) and Net result for the year (-€68,787)
- Tangible fixed assets -€45,585
down €45,585 (-4.7%), from €979,524 to €933,939
of which Other tangible fixed assets: -€40,052
- Debts after one year -€309,308
down €309,308 (-57.1%), from €541,834 to €232,525
of which Other amounts payable: -€255,634
- Other debts +€149,675
up €149,675 (+38.4%), from €389,472 to €539,146
- Reserves -€59,800
no longer reported in 2025 (was €59,800)
- Accrued charges and deferred income +€52,564
up €52,564 (+11.6%), from €454,172 to €506,736
- Provisions -€19,933
no longer reported in 2025 (was €19,933)
- Gross operating margin -€59,552
down €59,552 (-64.5%), from €92,320 to €32,768
- Financial charges -€6,186
down €6,186 (-9.3%), from €66,285 to €60,099
- Other operating charges +€4,847
up €4,847 (+52.3%), from €9,264 to €14,110
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 | €1,532,031 | €1,340,899 | -€191,132 | -12.5% |
| Fixed assets | 21/28 | €1,308,868 | €1,263,283 | -€45,585 | -3.5% |
| Tangible fixed assets | 22/27 | €979,524 | €933,939 | -€45,585 | -4.7% |
| Land and buildings | 22 | €370,051 | €365,329 | -€4,722 | -1.3% |
| Plant, machinery and equipment | 23 | €4,549 | €4,475 | -€75 | -1.6% |
| Furniture and vehicles | 24 | €1,123 | €387 | -€736 | -65.5% |
| Other tangible fixed assets | 26 | €603,800 | €563,748 | -€40,052 | -6.6% |
| Financial fixed assets | 28 | €329,344 | €329,344 | = | 0.0% |
| Current assets | 29/58 | €223,163 | €77,616 | -€145,547 | -65.2% |
| Amounts receivable within one year | 40/41 | €28,665 | €21,053 | -€7,613 | -26.6% |
| Trade receivables | 40 | €21,284 | €9,332 | -€11,953 | -56.2% |
| Other amounts receivable | 41 | €7,381 | €11,721 | +€4,340 | +58.8% |
| Cash at bank and in hand | 54/58 | €194,336 | €56,390 | -€137,946 | -71.0% |
| Deferred charges and accrued income | 490/1 | €161 | €173 | +€12 | +7.4% |
| Total equity and liabilities | 10/49 | €1,532,031 | €1,340,899 | -€191,132 | -12.5% |
| Equity | 10/15 | €58,538 | -€10,249 | -€68,787 | |
| Contributions | 10/11 | €462,000 | €462,000 | = | 0.0% |
| Contributions outside capital | 11 | €462,000 | €462,000 | = | 0.0% |
| Other | 1109/19 | €462,000 | €462,000 | = | 0.0% |
| Reserves | 13 | €59,800 | - | -€59,800 | |
| Tax-exempt reserves | 132 | €59,800 | - | -€59,800 | |
| Profit (loss) carried forward | 14 | -€463,262 | -€472,249 | -€8,987 | -1.9% |
| Provisions and deferred taxes | 16 | €19,933 | - | -€19,933 | |
| Deferred taxes | 168 | €19,933 | - | -€19,933 | |
| Amounts payable | 17/49 | €1,453,559 | €1,351,147 | -€102,412 | -7.0% |
| Amounts payable after more than one year | 17 | €541,834 | €232,525 | -€309,308 | -57.1% |
| Financial debts | 170/4 | €118,734 | €65,059 | -€53,675 | -45.2% |
| Other amounts payable | 178/9 | €423,100 | €167,466 | -€255,634 | -60.4% |
| Amounts payable within one year | 42/48 | €457,554 | €611,886 | +€154,332 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €54,658 | €53,675 | -€984 | -1.8% |
| Trade debts | 44 | €13,303 | €19,065 | +€5,762 | +43.3% |
| Suppliers | 440/4 | €13,303 | €19,065 | +€5,762 | +43.3% |
| Taxes, remuneration and social security | 45 | €121 | - | -€121 | |
| Taxes | 450/3 | €121 | - | -€121 | |
| Other amounts payable | 47/48 | €389,472 | €539,146 | +€149,675 | +38.4% |
| Accrued charges and deferred income | 492/3 | €454,172 | €506,736 | +€52,564 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,217 | €47,280 | +€63 | +0.1% |
| Other operating charges | 640/8 | €9,264 | €14,110 | +€4,847 | +52.3% |
| Non-recurring operating charges | 66A | €6,090 | - | -€6,090 | |
| Gross operating margin | 9900 | €92,320 | €32,768 | -€59,552 | -64.5% |
| Operating profit (loss) | 9901 | €29,749 | -€28,623 | -€58,372 | |
| Financial income | 75/76B | €67 | €1 | -€66 | -98.3% |
| Recurring financial income | 75 | €67 | €1 | -€66 | -98.3% |
| Financial charges | 65/66B | €66,285 | €60,099 | -€6,186 | -9.3% |
| Recurring financial charges | 65 | €66,285 | €60,099 | -€6,186 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,469 | -€88,720 | -€52,252 | -143% |
| Transfer from deferred taxes | 780 | - | €19,933 | +€19,933 | |
| Profit (loss) for the period | 9904 | -€36,469 | -€68,787 | -€32,318 | -88.6% |
| Transfer from tax-exempt reserves | 789 | - | €59,800 | +€59,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,469 | -€8,987 | +€27,482 | +75.4% |
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 14 October 2026 via checked.be.