IMMO AERO: 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 AERO
Largest movements
- Tangible fixed assets -€64,255
down €64,255 (-4.8%), from €1.3m to €1.3m
of which Land and buildings: -€60,340
- Receivables within one year -€20,158
down €20,158 (-9.3%), from €216,038 to €195,879
of which Other amounts receivable: -€22,370
- Debts after one year -€103,545
down €103,545 (-10.9%), from €950,150 to €846,605
- Provisions +€71,352
up €71,352 (+285.4%), from €25,000 to €96,352
- Tax, wage and social debts -€52,812
down €52,812 (-70.4%), from €75,005 to €22,193
of which Taxes: -€52,812
- Trade debts +€34,875
up €34,875 (+46.1%), from €75,732 to €110,607
- Gross operating margin +€140,622
up €140,622 (+106.6%), from €131,935 to €272,556
- Provisions +€63,352
up €63,352 (+791.9%), from €8,000 to €71,352
- Financial charges +€44,383
up €44,383 (+209.8%), from €21,153 to €65,536
of which Non-recurring financial charges: +€44,971
- Write-downs +€15,837
new in 2024: €15,837
- Other operating charges +€13,244
up €13,244 (+47.3%), from €27,988 to €41,232
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 | €1,553,998 | €1,476,041 | -€77,956 | -5.0% |
| Fixed assets | 21/28 | €1,337,218 | €1,273,056 | -€64,162 | -4.8% |
| Tangible fixed assets | 22/27 | €1,336,968 | €1,272,713 | -€64,255 | -4.8% |
| Land and buildings | 22 | €1,333,053 | €1,272,713 | -€60,340 | -4.5% |
| Plant, machinery and equipment | 23 | €99 | - | -€99 | |
| Furniture and vehicles | 24 | €3,815 | - | -€3,815 | |
| Financial fixed assets | 28 | €250 | €343 | +€93 | +37.0% |
| Current assets | 29/58 | €216,780 | €202,986 | -€13,794 | -6.4% |
| Amounts receivable within one year | 40/41 | €216,038 | €195,879 | -€20,158 | -9.3% |
| Trade receivables | 40 | €1,677 | €3,888 | +€2,211 | +131.9% |
| Other amounts receivable | 41 | €214,361 | €191,991 | -€22,370 | -10.4% |
| Cash at bank and in hand | 54/58 | €560 | €866 | +€306 | +54.8% |
| Deferred charges and accrued income | 490/1 | €183 | €6,241 | +€6,058 | +3310.9% |
| Total equity and liabilities | 10/49 | €1,553,998 | €1,476,041 | -€77,956 | -5.0% |
| Equity | 10/15 | €287,210 | €279,712 | -€7,498 | -2.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,710 | €262,212 | -€7,498 | -2.8% |
| Provisions and deferred taxes | 16 | €25,000 | €96,352 | +€71,352 | +285.4% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €96,352 | +€71,352 | +285.4% |
| Taxes | 161 | - | €71,352 | +€71,352 | |
| Other liabilities and charges | 164/5 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,241,787 | €1,099,977 | -€141,810 | -11.4% |
| Amounts payable after more than one year | 17 | €950,150 | €846,605 | -€103,545 | -10.9% |
| Financial debts | 170/4 | €950,150 | €846,605 | -€103,545 | -10.9% |
| Amounts payable within one year | 42/48 | €282,707 | €253,372 | -€29,335 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €102,066 | €103,546 | +€1,480 | +1.5% |
| Financial debts | 43 | €29,905 | €17,000 | -€12,905 | -43.2% |
| Credit institutions | 430/8 | €29,905 | €17,000 | -€12,905 | -43.2% |
| Trade debts | 44 | €75,732 | €110,607 | +€34,875 | +46.1% |
| Suppliers | 440/4 | €75,732 | €110,607 | +€34,875 | +46.1% |
| Taxes, remuneration and social security | 45 | €75,005 | €22,193 | -€52,812 | -70.4% |
| Taxes | 450/3 | €75,005 | €22,193 | -€52,812 | -70.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €27 | +€27 | |
| Accrued charges and deferred income | 492/3 | €8,930 | - | -€8,930 | |
| Remuneration, social security and pensions | 62 | €1,947 | €13,562 | +€11,615 | +596.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,577 | €72,453 | -€124 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,837 | +€15,837 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,000 | €71,352 | +€63,352 | +791.9% |
| Other operating charges | 640/8 | €27,988 | €41,232 | +€13,244 | +47.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €131,935 | €272,556 | +€140,622 | +106.6% |
| Operating profit (loss) | 9901 | €21,423 | €58,120 | +€36,697 | +171.3% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €21,153 | €65,536 | +€44,383 | +209.8% |
| Recurring financial charges | 65 | €21,153 | €20,565 | -€588 | -2.8% |
| Non-recurring financial charges | 66B | - | €44,971 | +€44,971 | |
| Profit (loss) for the period before taxes | 9903 | €307 | -€7,417 | -€7,723 | |
| Income taxes | 67/77 | -€135 | €82 | +€217 | |
| Profit (loss) for the period | 9904 | €442 | -€7,498 | -€7,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €442 | -€7,498 | -€7,940 |
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 2 October 2026 via checked.be.