IMMO-ARAD: 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-ARAD
Largest movements
- Receivables after one year +€28,646
new in 2023: €28,646
- Tangible fixed assets -€19,332
down €19,332 (-5.8%), from €335,228 to €315,897
of which Land and buildings: -€22,409
- Cash -€5,377
down €5,377 (-66.5%), from €8,085 to €2,708
mainly Receivables after one year (-€28,646) and Debts after one year (-€23,153)
- Profit (loss) carried forward +€27,046
up €27,046 (+73.0%), from -€37,031 to -€9,985
- Debts after one year -€23,153
down €23,153 (-7.5%), from €309,421 to €286,267
of which Financial debts: -€23,153
- Trade debts -€9,055
down €9,055 (-31.3%), from €28,939 to €19,884
- Tax, wage and social debts +€6,853
up €6,853 (+55.6%), from €12,317 to €19,169
of which Taxes: +€5,359
- Gross operating margin +€27,119
up €27,119 (+24.1%), from €112,297 to €139,415
- Staff costs +€12,671
up €12,671 (+21.3%), from €59,424 to €72,095
- Financial charges +€8,790
up €8,790 (+13952.6%), from €63 to €8,853
- Other operating charges +€2,346
up €2,346 (+52.0%), from €4,512 to €6,858
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.
Cash bridge derived
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 | €436,987 | €438,630 | +€1,643 | +0.4% |
| Fixed assets | 21/28 | €340,828 | €321,497 | -€19,332 | -5.7% |
| Tangible fixed assets | 22/27 | €335,228 | €315,897 | -€19,332 | -5.8% |
| Land and buildings | 22 | €327,000 | €304,591 | -€22,409 | -6.9% |
| Plant, machinery and equipment | 23 | €8,228 | €11,306 | +€3,078 | +37.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €5,600 | €5,600 | = | 0.0% |
| Current assets | 29/58 | €96,159 | €117,133 | +€20,974 | +21.8% |
| Amounts receivable after more than one year | 29 | - | €28,646 | +€28,646 | |
| Other amounts receivable | 291 | - | €28,646 | +€28,646 | |
| Stocks and contracts in progress | 3 | €76,372 | €72,538 | -€3,835 | -5.0% |
| Stocks | 30/36 | €76,372 | €72,538 | -€3,835 | -5.0% |
| Amounts receivable within one year | 40/41 | €11,451 | €12,392 | +€941 | +8.2% |
| Other amounts receivable | 41 | €11,451 | €12,392 | +€941 | +8.2% |
| Cash at bank and in hand | 54/58 | €8,085 | €2,708 | -€5,377 | -66.5% |
| Deferred charges and accrued income | 490/1 | €251 | €850 | +€599 | +238.7% |
| Total equity and liabilities | 10/49 | €436,987 | €438,630 | +€1,643 | +0.4% |
| Equity | 10/15 | -€18,431 | €8,615 | +€27,046 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,031 | -€9,985 | +€27,046 | +73.0% |
| Amounts payable | 17/49 | €455,418 | €430,015 | -€25,403 | -5.6% |
| Amounts payable after more than one year | 17 | €309,421 | €286,267 | -€23,153 | -7.5% |
| Financial debts | 170/4 | €301,621 | €278,467 | -€23,153 | -7.7% |
| Other amounts payable | 178/9 | €7,800 | €7,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €145,998 | €143,748 | -€2,250 | -1.5% |
| Trade debts | 44 | €28,939 | €19,884 | -€9,055 | -31.3% |
| Suppliers | 440/4 | €28,939 | €19,884 | -€9,055 | -31.3% |
| Taxes, remuneration and social security | 45 | €12,317 | €19,169 | +€6,853 | +55.6% |
| Taxes | 450/3 | €5,578 | €10,937 | +€5,359 | +96.1% |
| Remuneration and social security | 454/9 | €6,739 | €8,233 | +€1,494 | +22.2% |
| Other amounts payable | 47/48 | €104,742 | €104,694 | -€48 | 0.0% |
| Remuneration, social security and pensions | 62 | €59,424 | €72,095 | +€12,671 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,655 | €24,563 | +€908 | +3.8% |
| Other operating charges | 640/8 | €4,512 | €6,858 | +€2,346 | +52.0% |
| Non-recurring operating charges | 66A | €10,416 | - | -€10,416 | |
| Gross operating margin | 9900 | €112,297 | €139,415 | +€27,119 | +24.1% |
| Operating profit (loss) | 9901 | €14,290 | €35,899 | +€21,610 | +151.2% |
| Financial charges | 65/66B | €63 | €8,853 | +€8,790 | +13952.6% |
| Recurring financial charges | 65 | €63 | €8,853 | +€8,790 | +13952.6% |
| Profit (loss) for the period before taxes | 9903 | €14,227 | €27,046 | +€12,820 | +90.1% |
| Profit (loss) for the period | 9904 | €14,227 | €27,046 | +€12,820 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,227 | €27,046 | +€12,820 | +90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.