IMMO 2004: 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.
IMMO 2004
Largest movements
- Receivables within one year +€21,956
up €21,956 (+88.5%), from €24,822 to €46,778
of which Trade receivables: +€28,694
- Stocks and contracts -€9,700
no longer reported in 2024 (was €9,700)
- Cash -€7,353
down €7,353 (-95.1%), from €7,735 to €382
mainly Receivables within one year (-€21,956) and Other debts (-€4,930)
- Tangible fixed assets -€7,060
down €7,060 (-13.0%), from €54,329 to €47,269
of which Land and buildings: -€5,044
- Other debts -€4,930
down €4,930 (-3.9%), from €126,517 to €121,587
- Trade debts +€1,371
up €1,371 (+22.8%), from €6,014 to €7,385
- Profit (loss) carried forward +€987
up €987 (+1.0%), from -€98,030 to -€97,043
- Financial charges -€77,556
down €77,556 (-99.7%), from €77,757 to €201
of which Non-recurring financial charges: -€77,710
- Gross operating margin -€21,526
down €21,526 (-61.8%), from €34,838 to €13,312
- Depreciation -€1,438
down €1,438 (-16.9%), from €8,498 to €7,060
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 | €97,001 | €94,429 | -€2,572 | -2.7% |
| Fixed assets | 21/28 | €54,329 | €47,269 | -€7,060 | -13.0% |
| Tangible fixed assets | 22/27 | €54,329 | €47,269 | -€7,060 | -13.0% |
| Land and buildings | 22 | €52,313 | €47,269 | -€5,044 | -9.6% |
| Furniture and vehicles | 24 | €2,016 | - | -€2,016 | |
| Current assets | 29/58 | €42,672 | €47,160 | +€4,488 | +10.5% |
| Stocks and contracts in progress | 3 | €9,700 | - | -€9,700 | |
| Stocks | 30/36 | €9,700 | - | -€9,700 | |
| Amounts receivable within one year | 40/41 | €24,822 | €46,778 | +€21,956 | +88.5% |
| Trade receivables | 40 | €14,874 | €43,568 | +€28,694 | +192.9% |
| Other amounts receivable | 41 | €9,948 | €3,210 | -€6,738 | -67.7% |
| Cash at bank and in hand | 54/58 | €7,735 | €382 | -€7,353 | -95.1% |
| Deferred charges and accrued income | 490/1 | €415 | - | -€415 | |
| Total equity and liabilities | 10/49 | €97,001 | €94,429 | -€2,572 | -2.7% |
| Equity | 10/15 | -€35,530 | -€34,543 | +€987 | +2.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,030 | -€97,043 | +€987 | +1.0% |
| Amounts payable | 17/49 | €132,531 | €128,972 | -€3,559 | -2.7% |
| Amounts payable within one year | 42/48 | €132,531 | €128,972 | -€3,559 | -2.7% |
| Trade debts | 44 | €6,014 | €7,385 | +€1,371 | +22.8% |
| Suppliers | 440/4 | €6,014 | €7,385 | +€1,371 | +22.8% |
| Other amounts payable | 47/48 | €126,517 | €121,587 | -€4,930 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,498 | €7,060 | -€1,438 | -16.9% |
| Other operating charges | 640/8 | €5,301 | €5,064 | -€237 | -4.5% |
| Gross operating margin | 9900 | €34,838 | €13,312 | -€21,526 | -61.8% |
| Operating profit (loss) | 9901 | €21,039 | €1,188 | -€19,851 | -94.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €77,757 | €201 | -€77,556 | -99.7% |
| Recurring financial charges | 65 | €47 | €201 | +€154 | +327.7% |
| Non-recurring financial charges | 66B | €77,710 | - | -€77,710 | |
| Profit (loss) for the period before taxes | 9903 | -€56,717 | €987 | +€57,704 | |
| Profit (loss) for the period | 9904 | -€56,717 | €987 | +€57,704 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,717 | €987 | +€57,704 |
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.