FM-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.
FM-IMMO
Largest movements
- Tangible fixed assets -€175,203
down €175,203 (-4.1%), from €4.3m to €4.1m
- Trade debts -€161,176
down €161,176 (-89.8%), from €179,542 to €18,367
- Current portion of long-term debt -€148,389
down €148,389 (-39.2%), from €378,294 to €229,904
- Debts after one year +€68,677
up €68,677 (+4.0%), from €1.7m to €1.8m
of which Trade debts: +€114,903
- Staff costs +€22,300
new in 2024: €22,300
- Other operating charges +€8,192
up €8,192 (+12.9%), from €63,507 to €71,699
- Financial charges -€7,616
down €7,616 (-9.7%), from €78,146 to €70,529
- Taxes -€7,466
down €7,466 (-37.9%), from €19,709 to €12,242
- Depreciation +€5,865
up €5,865 (+3.2%), from €183,838 to €189,703
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 | €4,300,671 | €4,126,569 | -€174,102 | -4.0% |
| Fixed assets | 21/28 | €4,291,888 | €4,116,685 | -€175,203 | -4.1% |
| Tangible fixed assets | 22/27 | €4,291,888 | €4,116,685 | -€175,203 | -4.1% |
| Land and buildings | 22 | €4,291,888 | €4,116,685 | -€175,203 | -4.1% |
| Current assets | 29/58 | €8,783 | €9,884 | +€1,101 | +12.5% |
| Amounts receivable within one year | 40/41 | €6,189 | €6,943 | +€753 | +12.2% |
| Trade receivables | 40 | €5,938 | €4,036 | -€1,901 | -32.0% |
| Other amounts receivable | 41 | €251 | €2,906 | +€2,655 | +1056.4% |
| Cash at bank and in hand | 54/58 | €279 | €1,163 | +€884 | +316.7% |
| Deferred charges and accrued income | 490/1 | €2,314 | €1,778 | -€536 | -23.2% |
| Total equity and liabilities | 10/49 | €4,300,671 | €4,126,569 | -€174,102 | -4.0% |
| Equity | 10/15 | €1,196,792 | €1,233,519 | +€36,727 | +3.1% |
| Contributions | 10/11 | €1,029,851 | €1,029,851 | = | 0.0% |
| Capital | 10 | €1,029,851 | €1,029,851 | = | 0.0% |
| Issued capital | 100 | €1,029,851 | €1,029,851 | = | 0.0% |
| Reserves | 13 | €166,941 | €203,669 | +€36,727 | +22.0% |
| Non-distributable reserves | 130/1 | €102,985 | €102,985 | = | 0.0% |
| Legal reserve | 130 | €102,985 | €102,985 | = | 0.0% |
| Distributable reserves | 133 | €63,956 | €100,684 | +€36,727 | +57.4% |
| Amounts payable | 17/49 | €3,103,879 | €2,893,050 | -€210,829 | -6.8% |
| Amounts payable after more than one year | 17 | €1,725,651 | €1,794,328 | +€68,677 | +4.0% |
| Financial debts | 170/4 | €333,904 | €287,679 | -€46,225 | -13.8% |
| Trade debts | 175 | €1,391,747 | €1,506,650 | +€114,903 | +8.3% |
| Amounts payable within one year | 42/48 | €1,378,228 | €1,093,492 | -€284,736 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €378,294 | €229,904 | -€148,389 | -39.2% |
| Trade debts | 44 | €179,542 | €18,367 | -€161,176 | -89.8% |
| Suppliers | 440/4 | €179,542 | €18,367 | -€161,176 | -89.8% |
| Taxes, remuneration and social security | 45 | €36,998 | €23,094 | -€13,904 | -37.6% |
| Taxes | 450/3 | €36,998 | €19,994 | -€17,004 | -46.0% |
| Remuneration and social security | 454/9 | - | €3,100 | +€3,100 | |
| Other amounts payable | 47/48 | €783,394 | €822,127 | +€38,733 | +4.9% |
| Accrued charges and deferred income | 492/3 | - | €5,230 | +€5,230 | |
| Non-recurring operating income | 76A | €44,081 | - | -€44,081 | |
| Remuneration, social security and pensions | 62 | - | €22,300 | +€22,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,838 | €189,703 | +€5,865 | +3.2% |
| Other operating charges | 640/8 | €63,507 | €71,699 | +€8,192 | +12.9% |
| Gross operating margin | 9900 | €399,340 | €403,201 | +€3,861 | +1.0% |
| Operating profit (loss) | 9901 | €151,996 | €119,499 | -€32,496 | -21.4% |
| Financial charges | 65/66B | €78,146 | €70,529 | -€7,616 | -9.7% |
| Recurring financial charges | 65 | €78,146 | €70,529 | -€7,616 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €73,850 | €48,970 | -€24,880 | -33.7% |
| Income taxes | 67/77 | €19,709 | €12,242 | -€7,466 | -37.9% |
| Profit (loss) for the period | 9904 | €54,141 | €36,727 | -€17,414 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,141 | €36,727 | -€17,414 | -32.2% |
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 2 October 2026 via checked.be.