Immo-Beheer AKG: 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-Beheer AKG
Largest movements
- Cash -€485,419
down €485,419 (-90.9%), from €533,972 to €48,553
mainly Receivables within one year (-€263,600) and Trade debts (-€190,248)
- Receivables within one year +€263,600
up €263,600 (+242%), from €109,144 to €372,744
of which Other amounts receivable: +€221,880
- Tangible fixed assets -€29,345
down €29,345 (-1.9%), from €1.5m to €1.5m
of which Land and buildings: -€82,628
- Trade debts -€190,248
down €190,248 (-93.1%), from €204,407 to €14,159
- Reserves +€166,496
up €166,496 (+34.1%), from €488,153 to €654,649
- Debts after one year -€154,060
down €154,060 (-13.4%), from €1.2m to €997,537
- Tax, wage and social debts -€82,171
down €82,171 (-67.8%), from €121,118 to €38,946
- Gross operating margin +€168,082
up €168,082 (+83.7%), from €200,784 to €368,866
- Taxes +€41,329
up €41,329 (+258%), from €16,005 to €57,335
- Financial income +€21,426
up €21,426 (+7,010%), from €306 to €21,732
of which Financial income: +€21,426
- Financial charges +€18,874
up €18,874 (+74.8%), from €25,239 to €44,114
- Other operating charges -€13,174
down €13,174 (-41.8%), from €31,483 to €18,309
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 | €2,150,014 | €1,898,851 | -€251,164 | -11.7% |
| Fixed assets | 21/28 | €1,506,899 | €1,477,554 | -€29,345 | -1.9% |
| Tangible fixed assets | 22/27 | €1,506,899 | €1,477,554 | -€29,345 | -1.9% |
| Land and buildings | 22 | €1,413,349 | €1,330,721 | -€82,628 | -5.8% |
| Plant, machinery and equipment | 23 | €93,550 | €146,833 | +€53,283 | +57.0% |
| Current assets | 29/58 | €643,116 | €421,297 | -€221,819 | -34.5% |
| Amounts receivable within one year | 40/41 | €109,144 | €372,744 | +€263,600 | +242% |
| Trade receivables | 40 | €53,971 | €95,691 | +€41,720 | +77.3% |
| Other amounts receivable | 41 | €55,173 | €277,053 | +€221,880 | +402% |
| Cash at bank and in hand | 54/58 | €533,972 | €48,553 | -€485,419 | -90.9% |
| Total equity and liabilities | 10/49 | €2,150,014 | €1,898,851 | -€251,164 | -11.7% |
| Equity | 10/15 | €508,153 | €674,649 | +€166,496 | +32.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €488,153 | €654,649 | +€166,496 | +34.1% |
| Distributable reserves | 133 | €488,153 | €654,649 | +€166,496 | +34.1% |
| Amounts payable | 17/49 | €1,641,861 | €1,224,202 | -€417,659 | -25.4% |
| Amounts payable after more than one year | 17 | €1,151,597 | €997,537 | -€154,060 | -13.4% |
| Financial debts | 170/4 | €1,151,597 | €997,537 | -€154,060 | -13.4% |
| Amounts payable within one year | 42/48 | €490,264 | €226,665 | -€263,599 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €151,390 | €154,060 | +€2,671 | +1.8% |
| Trade debts | 44 | €204,407 | €14,159 | -€190,248 | -93.1% |
| Suppliers | 440/4 | €204,407 | €14,159 | -€190,248 | -93.1% |
| Taxes, remuneration and social security | 45 | €121,118 | €38,946 | -€82,171 | -67.8% |
| Taxes | 450/3 | €121,118 | €38,946 | -€82,171 | -67.8% |
| Other amounts payable | 47/48 | €13,349 | €19,499 | +€6,150 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,361 | €104,345 | +€2,984 | +2.9% |
| Other operating charges | 640/8 | €31,483 | €18,309 | -€13,174 | -41.8% |
| Gross operating margin | 9900 | €200,784 | €368,866 | +€168,082 | +83.7% |
| Operating profit (loss) | 9901 | €67,940 | €246,212 | +€178,273 | +262% |
| Financial income | 75/76B | €306 | €21,732 | +€21,426 | +7,010% |
| Recurring financial income | 75 | €306 | €21,732 | +€21,426 | +7,010% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €25,239 | €44,114 | +€18,874 | +74.8% |
| Recurring financial charges | 65 | €25,239 | €44,114 | +€18,874 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €43,006 | €223,831 | +€180,825 | +420% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €16,005 | €57,335 | +€41,329 | +258% |
| Profit (loss) for the period | 9904 | €27,001 | €166,496 | +€139,495 | +517% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €27,001 | €166,496 | +€139,495 | +517% |
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 30 October 2026 via checked.be.