IBN 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.
IBN IMMO
Largest movements
- Intangible fixed assets +€294,800
new in 2024: €294,800
- Debts after one year +€220,904
up €220,904 (+14.6%), from €1.5m to €1.7m
- Other debts +€125,000
up €125,000 (+61.3%), from €204,000 to €329,000
- Profit (loss) carried forward -€72,464
down €72,464, from €24,930 to -€47,534
- Depreciation +€164,186
new in 2024: €164,186
- Gross operating margin +€95,289
up €95,289 (+154.7%), from €61,613 to €156,902
- Purchases and services -€49,593
down €49,593 (-67.3%), from €73,686 to €24,093
- Turnover +€45,696
up €45,696 (+33.8%), from €135,299 to €180,995
- Financial charges +€13,727
up €13,727 (+38.0%), from €36,107 to €49,834
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 | €1,842,688 | €2,124,691 | +€282,003 | +15.3% |
| Formation expenses | 20 | €969 | €739 | -€230 | -23.7% |
| Fixed assets | 21/28 | €1,830,994 | €2,115,038 | +€284,044 | +15.5% |
| Intangible fixed assets | 21 | - | €294,800 | +€294,800 | |
| Tangible fixed assets | 22/27 | €1,830,994 | €1,820,238 | -€10,756 | -0.6% |
| Land and buildings | 22 | €250,000 | €399,234 | +€149,234 | +59.7% |
| Leasing and similar rights | 25 | €1,580,994 | €1,421,004 | -€159,990 | -10.1% |
| Current assets | 29/58 | €10,725 | €8,914 | -€1,811 | -16.9% |
| Amounts receivable within one year | 40/41 | - | €8,156 | +€8,156 | |
| Trade receivables | 40 | - | €8,156 | +€8,156 | |
| Cash at bank and in hand | 54/58 | €10,725 | €758 | -€9,967 | -92.9% |
| Total equity and liabilities | 10/49 | €1,842,688 | €2,124,691 | +€282,003 | +15.3% |
| Equity | 10/15 | €124,930 | €52,466 | -€72,464 | -58.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Profit (loss) carried forward | 14 | €24,930 | -€47,534 | -€72,464 | |
| Amounts payable | 17/49 | €1,717,758 | €2,072,225 | +€354,467 | +20.6% |
| Amounts payable after more than one year | 17 | €1,513,487 | €1,734,391 | +€220,904 | +14.6% |
| Financial debts | 170/4 | €1,513,487 | €1,734,391 | +€220,904 | +14.6% |
| Amounts payable within one year | 42/48 | €204,271 | €337,834 | +€133,563 | +65.4% |
| Trade debts | 44 | €271 | €8,834 | +€8,563 | +3159.8% |
| Suppliers | 440/4 | €271 | €8,834 | +€8,563 | +3159.8% |
| Other amounts payable | 47/48 | €204,000 | €329,000 | +€125,000 | +61.3% |
| Turnover | 70 | €135,299 | €180,995 | +€45,696 | +33.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,686 | €24,093 | -€49,593 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €164,186 | +€164,186 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €184 | - | -€184 | |
| Other operating charges | 640/8 | €392 | €9,114 | +€8,722 | +2225.0% |
| Gross operating margin | 9900 | €61,613 | €156,902 | +€95,289 | +154.7% |
| Operating profit (loss) | 9901 | €61,037 | -€16,398 | -€77,435 | |
| Financial charges | 65/66B | €36,107 | €49,834 | +€13,727 | +38.0% |
| Recurring financial charges | 65 | €36,107 | €49,834 | +€13,727 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €24,930 | -€66,232 | -€91,162 | |
| Income taxes | 67/77 | - | €6,232 | +€6,232 | |
| Profit (loss) for the period | 9904 | €24,930 | -€72,464 | -€97,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,930 | -€72,464 | -€97,394 |
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 8 October 2026 via checked.be.