IMMO CONSTRUCT AHKIM: what changed
Two fiscal 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 CONSTRUCT AHKIM
Largest movements
- Tangible fixed assets -€27,969
down €27,969 (-9.0%), from €311,877 to €283,908
- Receivables within one year +€16,378
up €16,378 (+76.8%), from €21,322 to €37,700
of which Other amounts receivable: +€17,700
- Cash -€4,768
down €4,768 (-97.2%), from €4,904 to €137
mainly Other debts (-€17,000) and Receivables within one year (-€16,378)
- Trade debts +€17,773
new in 2025: €17,773
- Other debts -€17,000
down €17,000 (-5.7%), from €297,428 to €280,428
- Profit (loss) carried forward -€13,885
down €13,885 (-81.8%), from €16,969 to €3,084
- Gross operating margin -€25,400
down €25,400 (-49.4%), from €51,379 to €25,979
- Taxes -€3,247
no longer reported in 2025 (was €3,247)
- Other operating charges -€2,045
down €2,045 (-14.9%), from €13,764 to €11,719
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.
Cash bridge derived
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 | €338,104 | €321,745 | -€16,359 | -4.8% |
| Fixed assets | 21/28 | €311,877 | €283,908 | -€27,969 | -9.0% |
| Tangible fixed assets | 22/27 | €311,877 | €283,908 | -€27,969 | -9.0% |
| Land and buildings | 22 | €311,877 | €283,908 | -€27,969 | -9.0% |
| Current assets | 29/58 | €26,227 | €37,837 | +€11,610 | +44.3% |
| Amounts receivable within one year | 40/41 | €21,322 | €37,700 | +€16,378 | +76.8% |
| Trade receivables | 40 | €1,322 | - | -€1,322 | |
| Other amounts receivable | 41 | €20,000 | €37,700 | +€17,700 | +88.5% |
| Cash at bank and in hand | 54/58 | €4,904 | €137 | -€4,768 | -97.2% |
| Total equity and liabilities | 10/49 | €338,104 | €321,745 | -€16,359 | -4.8% |
| Equity | 10/15 | €37,429 | €23,544 | -€13,885 | -37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,969 | €3,084 | -€13,885 | -81.8% |
| Amounts payable | 17/49 | €300,675 | €298,201 | -€2,474 | -0.8% |
| Amounts payable within one year | 42/48 | €300,675 | €298,201 | -€2,474 | -0.8% |
| Trade debts | 44 | - | €17,773 | +€17,773 | |
| Suppliers | 440/4 | - | €17,773 | +€17,773 | |
| Taxes, remuneration and social security | 45 | €3,247 | - | -€3,247 | |
| Taxes | 450/3 | €3,247 | - | -€3,247 | |
| Other amounts payable | 47/48 | €297,428 | €280,428 | -€17,000 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,969 | €27,969 | = | 0.0% |
| Other operating charges | 640/8 | €13,764 | €11,719 | -€2,045 | -14.9% |
| Gross operating margin | 9900 | €51,379 | €25,979 | -€25,400 | -49.4% |
| Operating profit (loss) | 9901 | €9,646 | -€13,709 | -€23,355 | |
| Financial charges | 65/66B | €122 | €176 | +€54 | +44.6% |
| Recurring financial charges | 65 | €122 | €176 | +€54 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €9,524 | -€13,885 | -€23,409 | |
| Income taxes | 67/77 | €3,247 | - | -€3,247 | |
| Profit (loss) for the period | 9904 | €6,277 | -€13,885 | -€20,162 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,277 | -€13,885 | -€20,162 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.