IDEAL PROPERTIES: 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.
IDEAL PROPERTIES
Largest movements
- Stocks and contracts -€251,648
no longer reported in 2024 (was €251,648)
- Tangible fixed assets -€173,508
down €173,508 (-1.7%), from €10.1m to €10.0m
- Debts after one year -€405,017
down €405,017 (-6.1%), from €6.7m to €6.3m
of which Financial debts: -€411,316
- Other debts -€241,994
down €241,994 (-77.1%), from €313,830 to €71,835
- Profit (loss) carried forward +€222,562
up €222,562 (+43.0%), from -€517,204 to -€294,642
- Gross operating margin +€360,035
up €360,035 (+86.0%), from €418,859 to €778,894
- Other operating charges +€22,235
up €22,235 (+75.9%), from €29,306 to €51,541
- Financial charges -€14,076
down €14,076 (-7.2%), from €195,454 to €181,379
- Depreciation +€14,074
up €14,074 (+4.5%), from €310,531 to €324,604
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 | €10,638,934 | €10,169,796 | -€469,138 | -4.4% |
| Fixed assets | 21/28 | €10,147,116 | €9,973,608 | -€173,508 | -1.7% |
| Tangible fixed assets | 22/27 | €10,147,116 | €9,973,608 | -€173,508 | -1.7% |
| Land and buildings | 22 | €10,147,116 | €9,973,608 | -€173,508 | -1.7% |
| Current assets | 29/58 | €491,818 | €196,188 | -€295,630 | -60.1% |
| Stocks and contracts in progress | 3 | €251,648 | - | -€251,648 | |
| Stocks | 30/36 | €251,648 | - | -€251,648 | |
| Amounts receivable within one year | 40/41 | €59,138 | €58,511 | -€627 | -1.1% |
| Trade receivables | 40 | €11,543 | €9,726 | -€1,817 | -15.7% |
| Other amounts receivable | 41 | €47,595 | €48,785 | +€1,190 | +2.5% |
| Cash at bank and in hand | 54/58 | €150,644 | €130,668 | -€19,976 | -13.3% |
| Deferred charges and accrued income | 490/1 | €30,388 | €7,008 | -€23,380 | -76.9% |
| Total equity and liabilities | 10/49 | €10,638,934 | €10,169,796 | -€469,138 | -4.4% |
| Equity | 10/15 | €2,193,131 | €2,415,694 | +€222,562 | +10.1% |
| Contributions | 10/11 | €2,709,785 | €2,709,785 | = | 0.0% |
| Reserves | 13 | €550 | €550 | = | 0.0% |
| Distributable reserves | 133 | €550 | €550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€517,204 | -€294,642 | +€222,562 | +43.0% |
| Amounts payable | 17/49 | €8,445,803 | €7,754,102 | -€691,701 | -8.2% |
| Amounts payable after more than one year | 17 | €6,667,391 | €6,262,373 | -€405,017 | -6.1% |
| Financial debts | 170/4 | €6,666,831 | €6,255,515 | -€411,316 | -6.2% |
| Other amounts payable | 178/9 | €560 | €6,858 | +€6,298 | +1124.7% |
| Amounts payable within one year | 42/48 | €1,753,988 | €1,467,774 | -€286,214 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €1,424,617 | €1,368,816 | -€55,802 | -3.9% |
| Trade debts | 44 | €13,828 | €26,884 | +€13,055 | +94.4% |
| Suppliers | 440/4 | €13,828 | €26,884 | +€13,055 | +94.4% |
| Taxes, remuneration and social security | 45 | €1,713 | €240 | -€1,473 | -86.0% |
| Taxes | 450/3 | €1,713 | €240 | -€1,473 | -86.0% |
| Other amounts payable | 47/48 | €313,830 | €71,835 | -€241,994 | -77.1% |
| Accrued charges and deferred income | 492/3 | €24,424 | €23,955 | -€470 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310,531 | €324,604 | +€14,074 | +4.5% |
| Other operating charges | 640/8 | €29,306 | €51,541 | +€22,235 | +75.9% |
| Gross operating margin | 9900 | €418,859 | €778,894 | +€360,035 | +86.0% |
| Operating profit (loss) | 9901 | €79,023 | €402,749 | +€323,726 | +409.7% |
| Financial income | 75/76B | €871 | €1,192 | +€321 | +36.9% |
| Recurring financial income | 75 | €871 | €1,192 | +€321 | +36.9% |
| Financial charges | 65/66B | €195,454 | €181,379 | -€14,076 | -7.2% |
| Recurring financial charges | 65 | €195,454 | €181,379 | -€14,076 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€115,561 | €222,562 | +€338,123 | |
| Profit (loss) for the period | 9904 | -€115,561 | €222,562 | +€338,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€115,561 | €222,562 | +€338,123 |
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.