IDG 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.
What changed
IDG IMMO
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€67,862
2023 · -€114,395+€46,533
Equity
€7.9m
2023 · €7.9m-€39,539
Cash
€33,572
2023 · €112,075-€78,503
Balance sheet total
€12.2m
2023 · €12.7m-€494,537
Largest movements
Assets
- Tangible fixed assets -€414,378
down €414,378 (-3.3%), from €12.5m to €12.1m
of which Land and buildings: -€367,377
Equity and liabilities
- Debts after one year -€469,247
down €469,247 (-14.8%), from €3.2m to €2.7m
- Revaluation surpluses -€342,511
down €342,511 (-3.7%), from €9.4m to €9.0m
- Profit (loss) carried forward +€327,236
up €327,236 (+7.9%), from -€4.2m to -€3.8m
- Short-term financial debts +€220,000
up €220,000 (+440.0%), from €50,000 to €270,000
- Other debts -€168,875
down €168,875 (-78.8%), from €214,285 to €45,410
Income statement
- Other operating income -€1.1m
no longer reported in 2024 (was €1.1m)
- Gross operating margin +€862,282
new in 2024: €862,282
- Other operating charges -€449,341
down €449,341 (-80.0%), from €561,756 to €112,415
- Financial income -€254,822
no longer reported in 2024 (was €254,822)
- Services and other goods -€209,574
no longer reported in 2024 (was €209,574)
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.
Result 2023
-€114,395
Staff costs
-€73,486
Depreciation
+€22,708
Other operating charges
+€449,341
Other operating items
-€67,324
Financial income
-€254,822
Financial charges
+€5,851
Taxes
-€24,708
Deferred taxes and other
-€11,027
Result 2024
-€67,862
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.
From operations
+€307,518
Investment
-€169,770
Financing
-€216,251
Cash 2023
€112,075
From operations (derived)
+€307,518
Net result for the year
-€67,862
Depreciation
+€584,148
Receivables within one year
-€2,316
Deferred charges and accrued income
+€3,972
Provisions
-€28,322
Tax, wage and social debts
-€13,227
Other debts
-€168,875
Investment (derived)
-€169,770
Investment in fixed assets (net)
-€169,770
Financing
-€216,251
Debts after one year
-€469,247
Current portion of long-term debt
+€4,673
Short-term financial debts
+€220,000
Contributions, distributions and other
+€28,323
Cash 2024
€33,572
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,651,528 | €12,156,991 | -€494,537 | -3.9% |
| Fixed assets | 21/28 | €12,501,707 | €12,087,329 | -€414,378 | -3.3% |
| Tangible fixed assets | 22/27 | €12,501,707 | €12,087,329 | -€414,378 | -3.3% |
| Land and buildings | 22 | €12,237,361 | €11,869,984 | -€367,377 | -3.0% |
| Plant, machinery and equipment | 23 | €4,097 | €1,205 | -€2,892 | -70.6% |
| Furniture and vehicles | 24 | €4,546 | - | -€4,546 | |
| Leasing and similar rights | 25 | €255,703 | €216,140 | -€39,563 | -15.5% |
| Current assets | 29/58 | €149,821 | €69,662 | -€80,159 | -53.5% |
| Amounts receivable within one year | 40/41 | €33,774 | €36,090 | +€2,316 | +6.9% |
| Trade receivables | 40 | €15,427 | €597 | -€14,830 | -96.1% |
| Other amounts receivable | 41 | €18,347 | €35,493 | +€17,146 | +93.5% |
| Cash at bank and in hand | 54/58 | €112,075 | €33,572 | -€78,503 | -70.0% |
| Deferred charges and accrued income | 490/1 | €3,972 | - | -€3,972 | |
| Total equity and liabilities | 10/49 | €12,651,528 | €12,156,991 | -€494,537 | -3.9% |
| Equity | 10/15 | €7,892,079 | €7,852,540 | -€39,539 | -0.5% |
| Contributions | 10/11 | €2,121,642 | €2,121,642 | = | 0.0% |
| Capital | 10 | €2,121,642 | €2,121,642 | = | 0.0% |
| Issued capital | 100 | €2,121,642 | €2,121,642 | = | 0.0% |
| Revaluation surpluses | 12 | €9,374,145 | €9,031,634 | -€342,511 | -3.7% |
| Reserves | 13 | €558,581 | €534,317 | -€24,264 | -4.3% |
| Non-distributable reserves | 130/1 | €175,432 | €175,432 | = | 0.0% |
| Legal reserve | 130 | €175,432 | €175,432 | = | 0.0% |
| Tax-exempt reserves | 132 | €244,176 | €219,912 | -€24,264 | -9.9% |
| Distributable reserves | 133 | €138,973 | €138,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,162,289 | -€3,835,053 | +€327,236 | +7.9% |
| Provisions and deferred taxes | 16 | €683,950 | €655,628 | -€28,322 | -4.1% |
| Provisions for liabilities and charges | 160/5 | €425,000 | €425,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €425,000 | €425,000 | = | 0.0% |
| Deferred taxes | 168 | €258,950 | €230,628 | -€28,322 | -10.9% |
| Amounts payable | 17/49 | €4,075,499 | €3,648,823 | -€426,676 | -10.5% |
| Amounts payable after more than one year | 17 | €3,174,035 | €2,704,788 | -€469,247 | -14.8% |
| Financial debts | 170/4 | €3,174,035 | €2,704,788 | -€469,247 | -14.8% |
| Other loans | 174 | €3,174,035 | - | -€3.2m | |
| Amounts payable within one year | 42/48 | €901,464 | €944,035 | +€42,571 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €464,575 | €469,248 | +€4,673 | +1.0% |
| Financial debts | 43 | €50,000 | €270,000 | +€220,000 | +440.0% |
| Credit institutions | 430/8 | €50,000 | €270,000 | +€220,000 | +440.0% |
| Taxes, remuneration and social security | 45 | €172,604 | €159,377 | -€13,227 | -7.7% |
| Taxes | 450/3 | €171,334 | €159,377 | -€11,957 | -7.0% |
| Remuneration and social security | 454/9 | €1,270 | - | -€1,270 | |
| Other amounts payable | 47/48 | €214,285 | €45,410 | -€168,875 | -78.8% |
| Operating income | 70/76A | €1,160,847 | - | -€1.2m | |
| Other operating income | 74 | €1,132,190 | - | -€1.1m | |
| Non-recurring operating income | 76A | €28,657 | €1,044 | -€27,613 | -96.4% |
| Operating charges | 60/66A | €1,400,053 | - | -€1.4m | |
| Goods for resale, raw materials and consumables | 60 | €10,630 | - | -€10,630 | |
| Purchases | 600/8 | €10,630 | - | -€10,630 | |
| Services and other goods | 61 | €209,574 | - | -€209,574 | |
| Remuneration, social security and pensions | 62 | - | €73,486 | +€73,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606,856 | €584,148 | -€22,708 | -3.7% |
| Other operating charges | 640/8 | €561,756 | €112,415 | -€449,341 | -80.0% |
| Non-recurring operating charges | 66A | €11,237 | €200 | -€11,037 | -98.2% |
| Gross operating margin | 9900 | - | €862,282 | +€862,282 | |
| Operating profit (loss) | 9901 | -€239,206 | €92,033 | +€331,239 | |
| Financial income | 75/76B | €254,822 | - | -€254,822 | |
| Recurring financial income | 75 | €254,822 | - | -€254,822 | |
| Income from financial fixed assets | 750 | €254,822 | - | -€254,822 | |
| Financial charges | 65/66B | €157,787 | €151,936 | -€5,851 | -3.7% |
| Recurring financial charges | 65 | €157,787 | €151,936 | -€5,851 | -3.7% |
| Debt charges | 650 | €157,787 | - | -€157,787 | |
| Profit (loss) for the period before taxes | 9903 | -€142,171 | -€59,903 | +€82,268 | +57.9% |
| Transfer from deferred taxes | 780 | €11,027 | - | -€11,027 | |
| Income taxes | 67/77 | -€16,749 | €7,959 | +€24,708 | |
| Tax adjustments and reversals of tax provisions | 77 | €16,749 | - | -€16,749 | |
| Profit (loss) for the period | 9904 | -€114,395 | -€67,862 | +€46,533 | +40.7% |
| Transfer from tax-exempt reserves | 789 | €434,112 | €418,040 | -€16,072 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €319,717 | €350,178 | +€30,461 | +9.5% |
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 11 October 2026 via checked.be.