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.
What changed
AUVIMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€90,842
2024 · €67,047+€23,795
Equity
€1.3m
2024 · €1.2m+€90,842
Cash
€5,863
2024 · €4,875+€988
Balance sheet total
€5.2m
2024 · €5.4m-€166,830
Largest movements
Assets
- Tangible fixed assets -€276,971
down €276,971 (-5.2%), from €5.3m to €5.0m
of which Land and buildings: -€206,574
- Receivables within one year +€111,813
up €111,813 (+456.2%), from €24,507 to €136,321
of which Other amounts receivable: +€118,887
Equity and liabilities
- Profit (loss) carried forward +€240,146
up €240,146 (+10.6%), from -€2.3m to -€2.0m
- Debts after one year -€223,754
down €223,754 (-8.6%), from €2.6m to €2.4m
- Reserves -€149,304
down €149,304 (-4.6%), from €3.2m to €3.1m
of which Tax-exempt reserves: -€149,304
- Provisions -€67,379
down €67,379 (-6.1%), from €1.1m to €1.0m
Income statement
- Gross operating margin +€28,830
up €28,830 (+6.5%), from €446,235 to €475,065
- Depreciation +€4,822
up €4,822 (+1.7%), from €288,785 to €293,607
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.
Result 2024
€67,047
Gross operating margin
+€28,830
Depreciation
-€4,822
Other operating charges
-€3,400
Financial income
+€3,246
Financial charges
+€57
Taxes
+€99
Deferred taxes and other
-€216
Result 2025
€90,842
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.
From operations
+€204,218
Investment
-€16,636
Financing
-€186,593
Cash 2024
€4,875
From operations (derived)
+€204,218
Net result for the year
+€90,842
Depreciation
+€293,607
Receivables within one year
-€111,813
Deferred charges and accrued income
+€2,661
Provisions
-€67,379
Trade debts
+€12,830
Tax, wage and social debts
-€788
Other debts
-€15,741
Investment (derived)
-€16,636
Investment in fixed assets (net)
-€16,636
Financing
-€186,593
Debts after one year
-€223,754
Current portion of long-term debt
+€19,256
Short-term financial debts
+€17,905
Cash 2025
€5,863
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,352,438 | €5,185,608 | -€166,830 | -3.1% |
| Fixed assets | 21/28 | €5,305,218 | €5,028,247 | -€276,971 | -5.2% |
| Tangible fixed assets | 22/27 | €5,304,928 | €5,027,957 | -€276,971 | -5.2% |
| Land and buildings | 22 | €4,754,481 | €4,547,907 | -€206,574 | -4.3% |
| Plant, machinery and equipment | 23 | €547,561 | €478,255 | -€69,305 | -12.7% |
| Furniture and vehicles | 24 | €2,886 | €1,794 | -€1,092 | -37.8% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €47,220 | €157,361 | +€110,141 | +233.2% |
| Amounts receivable within one year | 40/41 | €24,507 | €136,321 | +€111,813 | +456.2% |
| Trade receivables | 40 | €24,507 | €17,434 | -€7,073 | -28.9% |
| Other amounts receivable | 41 | - | €118,887 | +€118,887 | |
| Cash at bank and in hand | 54/58 | €4,875 | €5,863 | +€988 | +20.3% |
| Deferred charges and accrued income | 490/1 | €17,839 | €15,178 | -€2,661 | -14.9% |
| Total equity and liabilities | 10/49 | €5,352,438 | €5,185,608 | -€166,830 | -3.1% |
| Equity | 10/15 | €1,162,574 | €1,253,416 | +€90,842 | +7.8% |
| Contributions | 10/11 | €194,000 | €194,000 | = | 0.0% |
| Reserves | 13 | €3,240,418 | €3,091,114 | -€149,304 | -4.6% |
| Tax-exempt reserves | 132 | €2,742,754 | €2,593,450 | -€149,304 | -5.4% |
| Distributable reserves | 133 | €497,664 | €497,664 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,271,844 | -€2,031,698 | +€240,146 | +10.6% |
| Provisions and deferred taxes | 16 | €1,106,845 | €1,039,466 | -€67,379 | -6.1% |
| Deferred taxes | 168 | €1,106,845 | €1,039,466 | -€67,379 | -6.1% |
| Amounts payable | 17/49 | €3,083,020 | €2,892,727 | -€190,293 | -6.2% |
| Amounts payable after more than one year | 17 | €2,609,157 | €2,385,402 | -€223,754 | -8.6% |
| Financial debts | 170/4 | €2,609,157 | €2,385,402 | -€223,754 | -8.6% |
| Amounts payable within one year | 42/48 | €472,363 | €505,824 | +€33,461 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €263,401 | €282,657 | +€19,256 | +7.3% |
| Financial debts | 43 | €15,396 | €33,301 | +€17,905 | +116.3% |
| Credit institutions | 430/8 | €15,396 | €33,301 | +€17,905 | +116.3% |
| Trade debts | 44 | €147,896 | €160,726 | +€12,830 | +8.7% |
| Suppliers | 440/4 | €147,896 | €160,726 | +€12,830 | +8.7% |
| Taxes, remuneration and social security | 45 | €9,044 | €8,256 | -€788 | -8.7% |
| Taxes | 450/3 | €9,044 | €8,256 | -€788 | -8.7% |
| Other amounts payable | 47/48 | €36,626 | €20,885 | -€15,741 | -43.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,785 | €293,607 | +€4,822 | +1.7% |
| Other operating charges | 640/8 | €70,741 | €74,141 | +€3,400 | +4.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €446,235 | €475,065 | +€28,830 | +6.5% |
| Operating profit (loss) | 9901 | €86,708 | €107,317 | +€20,609 | +23.8% |
| Financial income | 75/76B | €4 | €3,250 | +€3,246 | +77658.1% |
| Recurring financial income | 75 | €4 | €3,250 | +€3,246 | +77658.1% |
| Financial charges | 65/66B | €85,542 | €85,486 | -€57 | -0.1% |
| Recurring financial charges | 65 | €85,542 | €85,486 | -€57 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €1,170 | €25,082 | +€23,912 | +2043.4% |
| Transfer from deferred taxes | 780 | €67,595 | €67,379 | -€216 | -0.3% |
| Income taxes | 67/77 | €1,718 | €1,619 | -€99 | -5.8% |
| Profit (loss) for the period | 9904 | €67,047 | €90,842 | +€23,795 | +35.5% |
| Transfer from tax-exempt reserves | 789 | €149,794 | €149,304 | -€490 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €216,841 | €240,146 | +€23,305 | +10.7% |
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 28 September 2026 via checked.be.