IMMO DEN ABEELE: 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 DEN ABEELE
Largest movements
- Current investments -€135,000
no longer reported in 2025 (was €135,000)
- Cash +€127,985
up €127,985 (+39.4%), from €325,001 to €452,986
mainly Current investments (+€135,000) and Net result for the year (+€25,086)
- Receivables within one year +€34,510
up €34,510 (+125.8%), from €27,440 to €61,949
of which Other amounts receivable: +€21,180
- Tangible fixed assets +€25,054
up €25,054 (+20.2%), from €123,854 to €148,908
of which Furniture and vehicles: +€26,086
- Other debts +€23,576
up €23,576 (+19.5%), from €120,706 to €144,281
- Reserves +€21,754
up €21,754 (+5.8%), from €376,485 to €398,239
of which Distributable reserves: +€21,754
- Gross operating margin -€29,573
down €29,573 (-14.3%), from €207,434 to €177,861
- Taxes -€10,771
down €10,771 (-46.8%), from €23,013 to €12,241
- Staff costs +€2,856
up €2,856 (+2.7%), from €106,919 to €109,776
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 | €614,327 | €666,732 | +€52,405 | +8.5% |
| Fixed assets | 21/28 | €123,854 | €148,908 | +€25,054 | +20.2% |
| Tangible fixed assets | 22/27 | €123,854 | €148,908 | +€25,054 | +20.2% |
| Land and buildings | 22 | €109,479 | €94,901 | -€14,578 | -13.3% |
| Plant, machinery and equipment | 23 | €7,196 | €20,742 | +€13,546 | +188.2% |
| Furniture and vehicles | 24 | €7,179 | €33,265 | +€26,086 | +363.4% |
| Current assets | 29/58 | €490,473 | €517,824 | +€27,351 | +5.6% |
| Amounts receivable within one year | 40/41 | €27,440 | €61,949 | +€34,510 | +125.8% |
| Trade receivables | 40 | €18,814 | €32,143 | +€13,329 | +70.8% |
| Other amounts receivable | 41 | €8,626 | €29,807 | +€21,180 | +245.5% |
| Current investments | 50/53 | €135,000 | - | -€135,000 | |
| Cash at bank and in hand | 54/58 | €325,001 | €452,986 | +€127,985 | +39.4% |
| Deferred charges and accrued income | 490/1 | €3,032 | €2,889 | -€143 | -4.7% |
| Total equity and liabilities | 10/49 | €614,327 | €666,732 | +€52,405 | +8.5% |
| Equity | 10/15 | €395,085 | €416,839 | +€21,754 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €376,485 | €398,239 | +€21,754 | +5.8% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €368,985 | €390,739 | +€21,754 | +5.9% |
| Amounts payable | 17/49 | €219,242 | €249,893 | +€30,651 | +14.0% |
| Amounts payable after more than one year | 17 | €17,228 | €17,841 | +€613 | +3.6% |
| Financial debts | 170/4 | €17,228 | €17,841 | +€613 | +3.6% |
| Amounts payable within one year | 42/48 | €190,161 | €218,729 | +€28,568 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €16,902 | €18,765 | +€1,863 | +11.0% |
| Financial debts | 43 | €20,000 | €20,000 | = | 0.0% |
| Other loans | 439 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €11,314 | €15,022 | +€3,708 | +32.8% |
| Suppliers | 440/4 | €11,314 | €15,022 | +€3,708 | +32.8% |
| Taxes, remuneration and social security | 45 | €21,240 | €20,660 | -€579 | -2.7% |
| Taxes | 450/3 | €3,801 | €1,891 | -€1,911 | -50.3% |
| Remuneration and social security | 454/9 | €17,438 | €18,770 | +€1,331 | +7.6% |
| Other amounts payable | 47/48 | €120,706 | €144,281 | +€23,576 | +19.5% |
| Accrued charges and deferred income | 492/3 | €11,853 | €13,323 | +€1,471 | +12.4% |
| Non-recurring operating income | 76A | - | €7,142 | +€7,142 | |
| Remuneration, social security and pensions | 62 | €106,919 | €109,776 | +€2,856 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,343 | €21,814 | +€1,471 | +7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €130 | - | -€130 | |
| Other operating charges | 640/8 | €3,054 | €3,404 | +€350 | +11.5% |
| Gross operating margin | 9900 | €207,434 | €177,861 | -€29,573 | -14.3% |
| Operating profit (loss) | 9901 | €76,988 | €42,868 | -€34,120 | -44.3% |
| Financial income | 75/76B | €4,121 | €5,300 | +€1,179 | +28.6% |
| Recurring financial income | 75 | €4,121 | €5,300 | +€1,179 | +28.6% |
| Financial charges | 65/66B | €11,335 | €10,841 | -€494 | -4.4% |
| Recurring financial charges | 65 | €11,335 | €10,841 | -€494 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €69,774 | €37,327 | -€32,447 | -46.5% |
| Income taxes | 67/77 | €23,013 | €12,241 | -€10,771 | -46.8% |
| Profit (loss) for the period | 9904 | €46,761 | €25,086 | -€21,675 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,761 | €25,086 | -€21,675 | -46.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.