IGP 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.
IGP Immo
Largest movements
- Receivables within one year +€64,887
up €64,887 (+3633.1%), from €1,786 to €66,673
of which Trade receivables: +€61,691
- Tangible fixed assets +€52,081
up €52,081 (+1.9%), from €2.8m to €2.9m
of which Leasing and similar rights: +€61,231
- Debts after one year +€617,664
up €617,664 (+42.5%), from €1.5m to €2.1m
- Other debts -€616,564
down €616,564 (-100.0%), from €616,564 to €0
- Profit (loss) carried forward +€132,287
up €132,287 (+28.6%), from -€462,798 to -€330,511
- Current portion of long-term debt +€67,034
up €67,034 (+28.3%), from €236,641 to €303,676
- Reserves -€41,327
down €41,327 (-5.9%), from €701,190 to €659,864
- Turnover +€471,648
new in 2024: €471,648
- Gross operating margin +€69,032
up €69,032 (+16.9%), from €407,709 to €476,741
- Purchases and services +€45,294
new in 2024: €45,294
- Depreciation +€31,779
up €31,779 (+12.3%), from €258,303 to €290,082
- Provisions +€18,000
up €18,000, from -€18,000 to €0
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 | €2,810,166 | €2,926,818 | +€116,651 | +4.2% |
| Fixed assets | 21/28 | €2,803,066 | €2,855,147 | +€52,081 | +1.9% |
| Tangible fixed assets | 22/27 | €2,803,066 | €2,855,147 | +€52,081 | +1.9% |
| Land and buildings | 22 | €71,612 | €69,242 | -€2,370 | -3.3% |
| Leasing and similar rights | 25 | €2,553,164 | €2,614,396 | +€61,231 | +2.4% |
| Other tangible fixed assets | 26 | €178,290 | €171,509 | -€6,781 | -3.8% |
| Current assets | 29/58 | €7,100 | €71,671 | +€64,571 | +909.4% |
| Amounts receivable within one year | 40/41 | €1,786 | €66,673 | +€64,887 | +3633.1% |
| Trade receivables | 40 | - | €61,691 | +€61,691 | |
| Other amounts receivable | 41 | €1,786 | €4,982 | +€3,196 | +178.9% |
| Cash at bank and in hand | 54/58 | €5,314 | €4,998 | -€316 | -6.0% |
| Total equity and liabilities | 10/49 | €2,810,166 | €2,926,818 | +€116,651 | +4.2% |
| Equity | 10/15 | €299,892 | €390,853 | +€90,961 | +30.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €701,190 | €659,864 | -€41,327 | -5.9% |
| Tax-exempt reserves | 132 | €701,190 | €659,864 | -€41,327 | -5.9% |
| Profit (loss) carried forward | 14 | -€462,798 | -€330,511 | +€132,287 | +28.6% |
| Provisions and deferred taxes | 16 | €196,426 | €155,535 | -€40,890 | -20.8% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €196,426 | €155,535 | -€40,890 | -20.8% |
| Amounts payable | 17/49 | €2,313,849 | €2,380,430 | +€66,581 | +2.9% |
| Amounts payable after more than one year | 17 | €1,452,497 | €2,070,161 | +€617,664 | +42.5% |
| Financial debts | 170/4 | €1,452,497 | €2,070,161 | +€617,664 | +42.5% |
| Amounts payable within one year | 42/48 | €861,351 | €310,268 | -€551,083 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €236,641 | €303,676 | +€67,034 | +28.3% |
| Trade debts | 44 | €8,146 | €6,592 | -€1,554 | -19.1% |
| Suppliers | 440/4 | €8,146 | €6,592 | -€1,554 | -19.1% |
| Other amounts payable | 47/48 | €616,564 | €0 | -€616,564 | -100.0% |
| Turnover | 70 | - | €471,648 | +€471,648 | |
| Non-recurring operating income | 76A | €19,745 | €0 | -€19,745 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €45,294 | +€45,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,303 | €290,082 | +€31,779 | +12.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€18,000 | €0 | +€18,000 | |
| Other operating charges | 640/8 | €49,493 | €51,473 | +€1,980 | +4.0% |
| Gross operating margin | 9900 | €407,709 | €476,741 | +€69,032 | +16.9% |
| Operating profit (loss) | 9901 | €117,913 | €135,187 | +€17,274 | +14.6% |
| Financial charges | 65/66B | €89,496 | €85,116 | -€4,380 | -4.9% |
| Recurring financial charges | 65 | €89,496 | €85,116 | -€4,380 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €28,417 | €50,071 | +€21,653 | +76.2% |
| Transfer from deferred taxes | 780 | €40,890 | €40,890 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | €69,307 | €90,961 | +€21,653 | +31.2% |
| Transfer from tax-exempt reserves | 789 | €41,327 | €41,327 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €110,634 | €132,287 | +€21,653 | +19.6% |
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 5 October 2026 via checked.be.