Immo Alay: 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 Alay
Largest movements
- Tangible fixed assets +€257,741
up €257,741 (+27.1%), from €949,441 to €1.2m
- Receivables within one year +€161,510
new in 2023: €161,510
- Cash +€34,264
up €34,264 (+228%), from €15,053 to €49,317
mainly Trade debts (+€351,396) and Other debts (+€121,301)
- Deferred charges and accrued income +€24,711
up €24,711 (+161%), from €15,314 to €40,025
- Trade debts +€351,396
up €351,396 (+8,553%), from €4,109 to €355,505
- Other debts +€121,301
up €121,301 (+36.4%), from €333,463 to €454,764
- Reserves +€47,155
up €47,155 (+65.9%), from €71,590 to €118,745
- Debts after one year -€34,547
down €34,547 (-7.3%), from €472,067 to €437,520
- Gross operating margin +€32,194
up €32,194 (+28.6%), from €112,638 to €144,832
- Other operating charges -€31,961
down €31,961 (-65.0%), from €49,188 to €17,227
- Taxes +€20,227
up €20,227 (+215%), from €9,386 to €29,614
- Depreciation +€12,783
up €12,783 (+39.7%), from €32,169 to €44,952
- Financial charges +€2,747
up €2,747 (+87.6%), from €3,137 to €5,884
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €984,408 | €1,462,634 | +€478,226 | +48.6% |
| Fixed assets | 21/28 | €949,441 | €1,207,182 | +€257,741 | +27.1% |
| Tangible fixed assets | 22/27 | €949,441 | €1,207,182 | +€257,741 | +27.1% |
| Land and buildings | 22 | €949,441 | €1,207,182 | +€257,741 | +27.1% |
| Current assets | 29/58 | €34,967 | €255,452 | +€220,485 | +631% |
| Amounts receivable within one year | 40/41 | - | €161,510 | +€161,510 | |
| Trade receivables | 40 | - | €161,510 | +€161,510 | |
| Current investments | 50/53 | €4,600 | €4,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,053 | €49,317 | +€34,264 | +228% |
| Deferred charges and accrued income | 490/1 | €15,314 | €40,025 | +€24,711 | +161% |
| Total equity and liabilities | 10/49 | €984,408 | €1,462,634 | +€478,226 | +48.6% |
| Equity | 10/15 | €106,590 | €153,745 | +€47,155 | +44.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Contributions outside capital | 11 | €35,000 | €35,000 | = | 0.0% |
| Other | 1109/19 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €71,590 | €118,745 | +€47,155 | +65.9% |
| Distributable reserves | 133 | €71,590 | €118,745 | +€47,155 | +65.9% |
| Amounts payable | 17/49 | €877,818 | €1,308,890 | +€431,072 | +49.1% |
| Amounts payable after more than one year | 17 | €472,067 | €437,520 | -€34,547 | -7.3% |
| Financial debts | 170/4 | €472,067 | €437,520 | -€34,547 | -7.3% |
| Amounts payable within one year | 42/48 | €405,751 | €871,370 | +€465,619 | +115% |
| Current portion of amounts payable after more than one year | 42 | €36,670 | €35,924 | -€746 | -2.0% |
| Trade debts | 44 | €4,109 | €355,505 | +€351,396 | +8,553% |
| Suppliers | 440/4 | €4,109 | €355,505 | +€351,396 | +8,553% |
| Taxes, remuneration and social security | 45 | €31,509 | €25,178 | -€6,332 | -20.1% |
| Taxes | 450/3 | €31,509 | €25,178 | -€6,332 | -20.1% |
| Other amounts payable | 47/48 | €333,463 | €454,764 | +€121,301 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,169 | €44,952 | +€12,783 | +39.7% |
| Other operating charges | 640/8 | €49,188 | €17,227 | -€31,961 | -65.0% |
| Gross operating margin | 9900 | €112,638 | €144,832 | +€32,194 | +28.6% |
| Operating profit (loss) | 9901 | €31,280 | €82,652 | +€51,372 | +164% |
| Financial charges | 65/66B | €3,137 | €5,884 | +€2,747 | +87.6% |
| Recurring financial charges | 65 | €3,137 | €5,884 | +€2,747 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | €28,143 | €76,768 | +€48,625 | +173% |
| Income taxes | 67/77 | €9,386 | €29,614 | +€20,227 | +215% |
| Profit (loss) for the period | 9904 | €18,757 | €47,155 | +€28,398 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €18,757 | €47,155 | +€28,398 | +151% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.