IMMO 1040: 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.
IMMO 1040
Largest movements
- Cash -€19,363
down €19,363 (-27.1%), from €71,353 to €51,990
mainly Other debts (-€25,025) and Trade debts (-€7,909)
- Other debts -€25,025
down €25,025 (-16.7%), from €150,002 to €124,977
- Profit (loss) carried forward +€9,991
up €9,991 (+17.1%), from €58,480 to €68,471
- Trade debts -€7,909
no longer reported in 2024 (was €7,909)
- Tax, wage and social debts +€3,580
new in 2024: €3,580
- Purchases and services -€8,680
down €8,680 (-57.2%), from €15,175 to €6,495
- Taxes +€3,580
new in 2024: €3,580
- Gross operating margin +€3,510
up €3,510 (+27.2%), from €12,896 to €16,406
- Turnover -€2,920
down €2,920 (-11.3%), from €25,821 to €22,901
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.
Derived cash bridge
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 | €284,612 | €265,249 | -€19,363 | -6.8% |
| Fixed assets | 21/28 | €213,240 | €213,240 | = | 0.0% |
| Tangible fixed assets | 22/27 | €213,240 | €213,240 | = | 0.0% |
| Land and buildings | 22 | €212,134 | €212,134 | = | 0.0% |
| Furniture and vehicles | 24 | €1,106 | €1,106 | = | 0.0% |
| Current assets | 29/58 | €71,372 | €52,009 | -€19,363 | -27.1% |
| Current investments | 50/53 | €19 | €19 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €71,353 | €51,990 | -€19,363 | -27.1% |
| Total equity and liabilities | 10/49 | €284,612 | €265,249 | -€19,363 | -6.8% |
| Equity | 10/15 | €126,680 | €136,671 | +€9,991 | +7.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,480 | €68,471 | +€9,991 | +17.1% |
| Amounts payable | 17/49 | €157,932 | €128,578 | -€29,354 | -18.6% |
| Amounts payable within one year | 42/48 | €157,911 | €128,557 | -€29,354 | -18.6% |
| Trade debts | 44 | €7,909 | - | -€7,909 | |
| Suppliers | 440/4 | €7,909 | - | -€7,909 | |
| Taxes, remuneration and social security | 45 | - | €3,580 | +€3,580 | |
| Taxes | 450/3 | - | €3,580 | +€3,580 | |
| Other amounts payable | 47/48 | €150,002 | €124,977 | -€25,025 | -16.7% |
| Accrued charges and deferred income | 492/3 | €21 | €21 | = | 0.0% |
| Turnover | 70 | €25,821 | €22,901 | -€2,920 | -11.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,175 | €6,495 | -€8,680 | -57.2% |
| Other operating charges | 640/8 | €2,656 | €2,751 | +€95 | +3.6% |
| Gross operating margin | 9900 | €12,896 | €16,406 | +€3,510 | +27.2% |
| Operating profit (loss) | 9901 | €10,240 | €13,655 | +€3,415 | +33.3% |
| Financial charges | 65/66B | €77 | €84 | +€7 | +9.1% |
| Recurring financial charges | 65 | €77 | €84 | +€7 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €10,163 | €13,571 | +€3,408 | +33.5% |
| Income taxes | 67/77 | - | €3,580 | +€3,580 | |
| Profit (loss) for the period | 9904 | €10,163 | €9,991 | -€172 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,163 | €9,991 | -€172 | -1.7% |
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 21 October 2026 via checked.be.