BLACK TURTLE 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.
BLACK TURTLE IMMO
Largest movements
- Receivables within one year +€50,762
new in 2024: €50,762
- Current investments +€11,226
up €11,226 (+5.1%), from €220,186 to €231,412
- Cash -€6,153
down €6,153 (-82.7%), from €7,445 to €1,292
mainly Receivables within one year (-€50,762) and Current investments (-€11,226)
- Profit (loss) carried forward +€37,944
up €37,944, from -€2,555 to €35,389
- Tax, wage and social debts +€11,796
new in 2024: €11,796
- Other debts +€6,226
up €6,226 (+2.8%), from €220,186 to €226,412
- Gross operating margin +€49,910
up €49,910 (+10835.4%), from €461 to €50,371
- Taxes +€11,796
new in 2024: €11,796
- Financial charges -€2,164
down €2,164 (-96.1%), from €2,252 to €88
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 | €227,631 | €283,598 | +€55,967 | +24.6% |
| Current assets | 29/58 | €227,631 | €283,598 | +€55,967 | +24.6% |
| Amounts receivable within one year | 40/41 | - | €50,762 | +€50,762 | |
| Other amounts receivable | 41 | - | €50,762 | +€50,762 | |
| Current investments | 50/53 | €220,186 | €231,412 | +€11,226 | +5.1% |
| Cash at bank and in hand | 54/58 | €7,445 | €1,292 | -€6,153 | -82.7% |
| Deferred charges and accrued income | 490/1 | - | €132 | +€132 | |
| Total equity and liabilities | 10/49 | €227,631 | €283,598 | +€55,967 | +24.6% |
| Equity | 10/15 | €7,445 | €45,389 | +€37,944 | +509.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,555 | €35,389 | +€37,944 | |
| Amounts payable | 17/49 | €220,186 | €238,208 | +€18,022 | +8.2% |
| Amounts payable within one year | 42/48 | €220,186 | €238,208 | +€18,022 | +8.2% |
| Taxes, remuneration and social security | 45 | - | €11,796 | +€11,796 | |
| Taxes | 450/3 | - | €11,796 | +€11,796 | |
| Other amounts payable | 47/48 | €220,186 | €226,412 | +€6,226 | +2.8% |
| Other operating charges | 640/8 | €764 | €674 | -€90 | -11.7% |
| Gross operating margin | 9900 | €461 | €50,371 | +€49,910 | +10835.4% |
| Operating profit (loss) | 9901 | -€303 | €49,696 | +€50,000 | |
| Financial income | 75/76B | - | €132 | +€132 | |
| Recurring financial income | 75 | - | €132 | +€132 | |
| Financial charges | 65/66B | €2,252 | €88 | -€2,164 | -96.1% |
| Recurring financial charges | 65 | €2,252 | €88 | -€2,164 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,555 | €49,741 | +€52,296 | |
| Income taxes | 67/77 | - | €11,796 | +€11,796 | |
| Profit (loss) for the period | 9904 | -€2,555 | €37,944 | +€40,499 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,555 | €37,944 | +€40,499 |
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 10 October 2026 via checked.be.