Immo De Aak: 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 De Aak
Largest movements
- Cash -€15,706
down €15,706 (-42.1%), from €37,269 to €21,562
mainly Debts after one year (-€28,608) and Investment in fixed assets (net) (-€26,000)
- Tangible fixed assets +€5,890
up €5,890 (+2.0%), from €290,240 to €296,130
- Debts after one year -€28,608
down €28,608 (-91.7%), from €31,199 to €2,591
- Current portion of long-term debt +€15,173
up €15,173, from €0 to €15,173
- Reserves +€9,136
up €9,136 (+3.7%), from €248,968 to €258,104
of which Distributable reserves: +€9,136
- Tax, wage and social debts -€6,311
down €6,311 (-60.0%), from €10,515 to €4,204
- Other operating charges +€1,188
up €1,188 (+38.0%), from €3,126 to €4,315
- Depreciation +€502
up €502 (+2.6%), from €19,608 to €20,110
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 | €327,677 | €317,773 | -€9,904 | -3.0% |
| Fixed assets | 21/28 | €290,240 | €296,130 | +€5,890 | +2.0% |
| Tangible fixed assets | 22/27 | €290,240 | €296,130 | +€5,890 | +2.0% |
| Land and buildings | 22 | €290,240 | €296,130 | +€5,890 | +2.0% |
| Current assets | 29/58 | €37,437 | €21,643 | -€15,794 | -42.2% |
| Amounts receivable within one year | 40/41 | - | €81 | +€81 | |
| Other amounts receivable | 41 | - | €81 | +€81 | |
| Cash at bank and in hand | 54/58 | €37,269 | €21,562 | -€15,706 | -42.1% |
| Deferred charges and accrued income | 490/1 | €168 | €0 | -€168 | -100% |
| Total equity and liabilities | 10/49 | €327,677 | €317,773 | -€9,904 | -3.0% |
| Equity | 10/15 | €272,739 | €281,875 | +€9,136 | +3.3% |
| Contributions | 10/11 | €23,771 | €23,771 | = | 0.0% |
| Reserves | 13 | €248,968 | €258,104 | +€9,136 | +3.7% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €248,968 | €258,104 | +€9,136 | +3.7% |
| Amounts payable | 17/49 | €54,938 | €35,898 | -€19,039 | -34.7% |
| Amounts payable after more than one year | 17 | €31,199 | €2,591 | -€28,608 | -91.7% |
| Financial debts | 170/4 | €31,199 | €2,591 | -€28,608 | -91.7% |
| Amounts payable within one year | 42/48 | €10,600 | €19,463 | +€8,862 | +83.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €15,173 | +€15,173 | |
| Trade debts | 44 | €85 | €85 | = | 0.0% |
| Suppliers | 440/4 | €85 | €85 | = | 0.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,515 | €4,204 | -€6,311 | -60.0% |
| Taxes | 450/3 | €10,515 | €4,204 | -€6,311 | -60.0% |
| Accrued charges and deferred income | 492/3 | €13,138 | €13,845 | +€707 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,608 | €20,110 | +€502 | +2.6% |
| Other operating charges | 640/8 | €3,126 | €4,315 | +€1,188 | +38.0% |
| Gross operating margin | 9900 | €39,045 | €39,368 | +€323 | +0.8% |
| Operating profit (loss) | 9901 | €16,311 | €14,944 | -€1,368 | -8.4% |
| Financial charges | 65/66B | €2,142 | €2,300 | +€158 | +7.4% |
| Recurring financial charges | 65 | €2,142 | €2,300 | +€158 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €14,170 | €12,644 | -€1,526 | -10.8% |
| Income taxes | 67/77 | €3,615 | €3,508 | -€107 | -3.0% |
| Profit (loss) for the period | 9904 | €10,555 | €9,136 | -€1,419 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,555 | €9,136 | -€1,419 | -13.4% |
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 19 October 2026 via checked.be.