IMMO 3M: 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 3M
Largest movements
- Receivables within one year -€6,215
no longer reported in 2011 (was €6,215)
- Cash +€4,956
up €4,956 (+1534.4%), from €323 to €5,279
mainly Receivables within one year (+€6,215) and Net result for the year (+€5,490)
- Tangible fixed assets -€2,465
down €2,465 (-4.1%), from €59,715 to €57,250
- Profit (loss) carried forward +€5,490
up €5,490 (+22.8%), from -€24,122 to -€18,632
- Debts within one year -€4,722
down €4,722 (-16.8%), from €28,148 to €23,426
- Debts after one year -€4,492
down €4,492 (-8.0%), from €56,027 to €51,535
- Turnover +€2,230
up €2,230 (+16.4%), from €13,560 to €15,790
- Gross operating margin +€2,207
up €2,207 (+20.4%), from €10,797 to €13,004
From the 2010 result to the 2011 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 2010 and 2011 balance sheets and the 2011 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2010 | 2011 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,253 | €62,529 | -€3,724 | -5.6% |
| Fixed assets | 21/28 | €59,715 | €57,250 | -€2,465 | -4.1% |
| Tangible fixed assets | 22/27 | €59,715 | €57,250 | -€2,465 | -4.1% |
| Current assets | 29/58 | €6,538 | €5,279 | -€1,259 | -19.3% |
| Amounts receivable within one year | 40/41 | €6,215 | - | -€6,215 | |
| Cash at bank and in hand | 54/58 | €323 | €5,279 | +€4,956 | +1534.4% |
| Total equity and liabilities | 10/49 | €66,253 | €62,529 | -€3,724 | -5.6% |
| Equity | 10/15 | -€17,922 | -€12,432 | +€5,490 | +30.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,122 | -€18,632 | +€5,490 | +22.8% |
| Amounts payable | 17/49 | €84,175 | €74,961 | -€9,214 | -10.9% |
| Amounts payable after more than one year | 17 | €56,027 | €51,535 | -€4,492 | -8.0% |
| Amounts payable within one year | 42/48 | €28,148 | €23,426 | -€4,722 | -16.8% |
| Trade debts | 44 | €1,185 | €1,185 | = | 0.0% |
| Turnover | 70 | €13,560 | €15,790 | +€2,230 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,466 | €2,466 | = | 0.0% |
| Gross operating margin | 9900 | €10,797 | €13,004 | +€2,207 | +20.4% |
| Operating profit (loss) | 9901 | €7,235 | €9,427 | +€2,192 | +30.3% |
| Recurring financial charges | 65 | €4,224 | €3,937 | -€287 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €3,011 | €5,490 | +€2,479 | +82.3% |
| Profit (loss) for the period | 9904 | €3,011 | €5,490 | +€2,479 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,011 | €5,490 | +€2,479 | +82.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2010 and 31 December 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.