ACCESS IMMO: 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.
ACCESS IMMO
Largest movements
- Cash -€2.1m
down €2.1m (-48.5%), from €4.3m to €2.2m
mainly Debts after one year (-€11.7m) and Tax, wage and social debts (-€582,145)
- Tangible fixed assets -€948,019
down €948,019 (-4.5%), from €21.1m to €20.2m
- Debts after one year -€11.7m
down €11.7m (-59.3%), from €19.7m to €8.0m
- Current portion of long-term debt +€8.9m
new in 2024: €8.9m
- Tax, wage and social debts -€582,145
down €582,145 (-100.0%), from €582,376 to €231
- Depreciation -€133,588
down €133,588 (-12.4%), from €1.1m to €948,019
- Gross operating margin +€94,547
up €94,547 (+3.8%), from €2.5m to €2.6m
- Other operating charges +€29,111
up €29,111 (+5.0%), from €582,076 to €611,188
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,190,779 | €23,048,451 | -€3.1m | -12.0% |
| Fixed assets | 21/28 | €21,138,363 | €20,190,344 | -€948,019 | -4.5% |
| Tangible fixed assets | 22/27 | €21,138,363 | €20,190,344 | -€948,019 | -4.5% |
| Land and buildings | 22 | €21,138,363 | €20,190,344 | -€948,019 | -4.5% |
| Current assets | 29/58 | €5,052,416 | €2,858,107 | -€2.2m | -43.4% |
| Amounts receivable within one year | 40/41 | €233,324 | €297,864 | +€64,540 | +27.7% |
| Trade receivables | 40 | €233,324 | €297,864 | +€64,540 | +27.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,258,589 | €2,191,155 | -€2.1m | -48.5% |
| Deferred charges and accrued income | 490/1 | €560,503 | €369,088 | -€191,415 | -34.2% |
| Total equity and liabilities | 10/49 | €26,190,779 | €23,048,451 | -€3.1m | -12.0% |
| Equity | 10/15 | €5,767,729 | €5,923,487 | +€155,758 | +2.7% |
| Contributions | 10/11 | €18,284,264 | €18,284,264 | = | 0.0% |
| Capital | 10 | €18,284,264 | €18,284,264 | = | 0.0% |
| Issued capital | 100 | €18,284,264 | €18,284,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,516,535 | -€12,360,777 | +€155,758 | +1.2% |
| Provisions and deferred taxes | 16 | €19,762 | €0 | -€19,762 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €19,762 | €0 | -€19,762 | -100.0% |
| Other liabilities and charges | 164/5 | €19,762 | €0 | -€19,762 | -100.0% |
| Amounts payable | 17/49 | €20,403,289 | €17,124,964 | -€3.3m | -16.1% |
| Amounts payable after more than one year | 17 | €19,650,252 | €8,000,000 | -€11.7m | -59.3% |
| Financial debts | 170/4 | €19,650,252 | €8,000,000 | -€11.7m | -59.3% |
| Amounts payable within one year | 42/48 | €749,698 | €9,124,964 | +€8.4m | +1117.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,941,376 | +€8.9m | |
| Trade debts | 44 | €95,332 | €106,367 | +€11,035 | +11.6% |
| Suppliers | 440/4 | €95,332 | €106,367 | +€11,035 | +11.6% |
| Taxes, remuneration and social security | 45 | €582,376 | €231 | -€582,145 | -100.0% |
| Taxes | 450/3 | €582,376 | €231 | -€582,145 | -100.0% |
| Other amounts payable | 47/48 | €71,990 | €76,990 | +€5,000 | +6.9% |
| Accrued charges and deferred income | 492/3 | €3,339 | €0 | -€3,339 | -100.0% |
| Non-recurring operating income | 76A | €7,211 | €0 | -€7,211 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,081,607 | €948,019 | -€133,588 | -12.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€19,762 | -€19,762 | |
| Other operating charges | 640/8 | €582,076 | €611,188 | +€29,111 | +5.0% |
| Gross operating margin | 9900 | €2,479,805 | €2,574,353 | +€94,547 | +3.8% |
| Operating profit (loss) | 9901 | €816,122 | €1,034,908 | +€218,786 | +26.8% |
| Financial income | 75/76B | - | €2,270 | +€2,270 | |
| Recurring financial income | 75 | - | €2,270 | +€2,270 | |
| Financial charges | 65/66B | €867,720 | €881,419 | +€13,700 | +1.6% |
| Recurring financial charges | 65 | €867,720 | €881,419 | +€13,700 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€51,598 | €155,758 | +€207,356 | |
| Profit (loss) for the period | 9904 | -€51,598 | €155,758 | +€207,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,598 | €155,758 | +€207,356 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.