BIST IMMO: 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.
BIST IMMO
Largest movements
- Current investments +€115,999
up €115,999 (+11599900.0%), from €1 to €116,000
- Receivables within one year -€113,014
down €113,014 (-62.5%), from €180,774 to €67,760
of which Other amounts receivable: -€116,564
- Cash -€84,738
down €84,738 (-99.7%), from €84,980 to €242
mainly Current investments (-€115,999) and Other debts (-€37,899)
- Deferred charges and accrued income +€11,588
new in 2024: €11,588
- Tangible fixed assets -€9,482
down €9,482 (-3.1%), from €305,532 to €296,050
of which Land and buildings: -€8,443
- Other debts -€37,899
down €37,899 (-29.4%), from €128,972 to €91,073
- Debts after one year -€30,734
down €30,734 (-12.7%), from €242,516 to €211,782
- Trade debts -€10,833
down €10,833 (-96.8%), from €11,186 to €353
- Short-term financial debts -€7,602
down €7,602 (-62.4%), from €12,178 to €4,576
- Reserves +€6,479
up €6,479 (+8.0%), from €81,372 to €87,851
of which Distributable reserves: +€9,091
- Gross operating margin -€18,028
down €18,028 (-27.0%), from €66,760 to €48,732
- Financial charges -€12,233
down €12,233 (-61.0%), from €20,058 to €7,825
- Financial income -€6,860
down €6,860 (-80.9%), from €8,476 to €1,616
- Other operating charges -€3,871
down €3,871 (-57.5%), from €6,734 to €2,863
- Taxes +€3,281
new in 2024: €3,281
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 | €574,287 | €494,640 | -€79,647 | -13.9% |
| Fixed assets | 21/28 | €308,532 | €299,050 | -€9,482 | -3.1% |
| Tangible fixed assets | 22/27 | €305,532 | €296,050 | -€9,482 | -3.1% |
| Land and buildings | 22 | €302,297 | €293,854 | -€8,443 | -2.8% |
| Plant, machinery and equipment | 23 | €2,386 | €1,590 | -€796 | -33.4% |
| Furniture and vehicles | 24 | €849 | €606 | -€243 | -28.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €265,755 | €195,590 | -€70,165 | -26.4% |
| Amounts receivable within one year | 40/41 | €180,774 | €67,760 | -€113,014 | -62.5% |
| Trade receivables | 40 | €22,550 | €26,100 | +€3,550 | +15.7% |
| Other amounts receivable | 41 | €158,224 | €41,660 | -€116,564 | -73.7% |
| Current investments | 50/53 | €1 | €116,000 | +€115,999 | +11599900.0% |
| Cash at bank and in hand | 54/58 | €84,980 | €242 | -€84,738 | -99.7% |
| Deferred charges and accrued income | 490/1 | - | €11,588 | +€11,588 | |
| Total equity and liabilities | 10/49 | €574,287 | €494,640 | -€79,647 | -13.9% |
| Equity | 10/15 | €114,285 | €120,764 | +€6,479 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €81,372 | €87,851 | +€6,479 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,512 | €76,900 | -€2,612 | -3.3% |
| Distributable reserves | 133 | - | €9,091 | +€9,091 | |
| Profit (loss) carried forward | 14 | €20,513 | €20,513 | = | 0.0% |
| Provisions and deferred taxes | 16 | €26,504 | €25,633 | -€871 | -3.3% |
| Deferred taxes | 168 | €26,504 | €25,633 | -€871 | -3.3% |
| Amounts payable | 17/49 | €433,498 | €348,243 | -€85,255 | -19.7% |
| Amounts payable after more than one year | 17 | €242,516 | €211,782 | -€30,734 | -12.7% |
| Financial debts | 170/4 | €242,516 | €211,782 | -€30,734 | -12.7% |
| Amounts payable within one year | 42/48 | €190,982 | €136,461 | -€54,521 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €35,312 | €37,425 | +€2,113 | +6.0% |
| Financial debts | 43 | €12,178 | €4,576 | -€7,602 | -62.4% |
| Credit institutions | 430/8 | €12,178 | €4,576 | -€7,602 | -62.4% |
| Trade debts | 44 | €11,186 | €353 | -€10,833 | -96.8% |
| Suppliers | 440/4 | €11,186 | €353 | -€10,833 | -96.8% |
| Taxes, remuneration and social security | 45 | €3,334 | €3,034 | -€300 | -9.0% |
| Taxes | 450/3 | €3,334 | €3,034 | -€300 | -9.0% |
| Other amounts payable | 47/48 | €128,972 | €91,073 | -€37,899 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,056 | €9,821 | -€235 | -2.3% |
| Other operating charges | 640/8 | €6,734 | €2,863 | -€3,871 | -57.5% |
| Gross operating margin | 9900 | €66,760 | €48,732 | -€18,028 | -27.0% |
| Operating profit (loss) | 9901 | €49,970 | €36,048 | -€13,922 | -27.9% |
| Financial income | 75/76B | €8,476 | €1,616 | -€6,860 | -80.9% |
| Recurring financial income | 75 | €8,476 | €1,616 | -€6,860 | -80.9% |
| Financial charges | 65/66B | €20,058 | €7,825 | -€12,233 | -61.0% |
| Recurring financial charges | 65 | €20,058 | €7,825 | -€12,233 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €38,388 | €29,839 | -€8,549 | -22.3% |
| Transfer from deferred taxes | 780 | €836 | €870 | +€34 | +4.1% |
| Transfer to deferred taxes | 680 | €14,393 | - | -€14,393 | |
| Income taxes | 67/77 | - | €3,281 | +€3,281 | |
| Profit (loss) for the period | 9904 | €24,831 | €27,428 | +€2,597 | +10.5% |
| Transfer from tax-exempt reserves | 789 | €2,508 | €2,612 | +€104 | +4.1% |
| Transfer to tax-exempt reserves | 689 | €43,181 | - | -€43,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,842 | €30,040 | +€45,882 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.