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EQUAL 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.

What changed

EQUAL IMMO

BE 0644.437.415
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,291
2023 · -€842+€5,134
Equity
€346,401
2023 · €342,110+€4,291
Cash
€13,238
2023 · €10,063+€3,175
Balance sheet total
€758,773
2023 · €772,675-€13,902

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€17,077

    down €17,077 (-2.2%), from €762,611 to €745,534

Equity and liabilities
  • Debts after one year -€25,475

    down €25,475 (-6.3%), from €405,491 to €380,016

    of which Financial debts: -€25,475

Income statement
  • Gross operating margin +€5,256

    up €5,256 (+17.1%), from €30,753 to €36,009

  • Other operating charges +€505

    up €505 (+7.2%), from €7,010 to €7,515

  • Financial charges -€396

    down €396 (-12.7%), from €3,107 to €2,712

From the 2023 result to the 2024 result

effect on the 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 2023 -€842
Gross operating margin +€5,256
Depreciation -€12
Other operating charges -€505
Financial charges +€396
Result 2024 €4,291

Cash bridge derived

cash 2023 to 2024

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.

From operations +€32,662
Investment -€4,413
Financing -€25,073
Cash 2023 €10,063
Net result for the year +€4,291
Depreciation +€21,490
Trade debts +€6,880
Investment in fixed assets (net) -€4,413
Debts after one year -€25,475
Current portion of long-term debt +€402
Cash 2024 €13,238
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €772,675 €758,773 -€13,902 -1.8%
Fixed assets 21/28 €762,611 €745,534 -€17,077 -2.2%
Tangible fixed assets 22/27 €762,611 €745,534 -€17,077 -2.2%
Land and buildings 22 €762,611 €745,534 -€17,077 -2.2%
Current assets 29/58 €10,063 €13,238 +€3,175 +31.6%
Amounts receivable within one year 40/41 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €10,063 €13,238 +€3,175 +31.6%
Total equity and liabilities 10/49 €772,675 €758,773 -€13,902 -1.8%
Equity 10/15 €342,110 €346,401 +€4,291 +1.3%
Contributions 10/11 €400,000 €400,000 = 0.0%
Profit (loss) carried forward 14 -€57,890 -€53,599 +€4,291 +7.4%
Amounts payable 17/49 €430,565 €412,371 -€18,193 -4.2%
Amounts payable after more than one year 17 €405,491 €380,016 -€25,475 -6.3%
Financial debts 170/4 €113,926 €88,451 -€25,475 -22.4%
Other amounts payable 178/9 €291,565 €291,565 = 0.0%
Amounts payable within one year 42/48 €25,073 €32,356 +€7,282 +29.0%
Current portion of amounts payable after more than one year 42 €25,073 €25,475 +€402 +1.6%
Trade debts 44 €0 €6,880 +€6,880
Suppliers 440/4 €0 €6,880 +€6,880
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,478 €21,490 +€12 +0.1%
Other operating charges 640/8 €7,010 €7,515 +€505 +7.2%
Gross operating margin 9900 €30,753 €36,009 +€5,256 +17.1%
Operating profit (loss) 9901 €2,265 €7,003 +€4,738 +209.2%
Financial charges 65/66B €3,107 €2,712 -€396 -12.7%
Recurring financial charges 65 €3,107 €2,712 -€396 -12.7%
Profit (loss) for the period before taxes 9903 -€842 €4,291 +€5,134
Profit (loss) for the period 9904 -€842 €4,291 +€5,134
Profit (loss) for the period to be appropriated 9905 -€842 €4,291 +€5,134

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 29 September 2026 via checked.be.