Immo Art Scène: 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 Art Scène
Largest movements
- Tangible fixed assets +€131,611
up €131,611 (+27.2%), from €483,513 to €615,124
- Debts after one year +€56,356
up €56,356 (+25.9%), from €217,353 to €273,709
- Other debts +€54,364
up €54,364 (+41.7%), from €130,342 to €184,706
- Profit (loss) carried forward +€8,776
up €8,776, from -€1,019 to €7,757
- Current portion of long-term debt +€8,235
up €8,235 (+25.4%), from €32,365 to €40,600
- Gross operating margin +€10,109
up €10,109 (+27.3%), from €36,988 to €47,097
- Depreciation +€3,760
up €3,760 (+19.2%), from €19,602 to €23,362
- Taxes +€3,287
new in 2024: €3,287
- Financial charges +€1,850
up €1,850 (+18.8%), from €9,822 to €11,672
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.
Derived cash bridge
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 | €483,579 | €615,137 | +€131,558 | +27.2% |
| Fixed assets | 21/28 | €483,513 | €615,124 | +€131,611 | +27.2% |
| Tangible fixed assets | 22/27 | €483,513 | €615,124 | +€131,611 | +27.2% |
| Land and buildings | 22 | €483,513 | €615,124 | +€131,611 | +27.2% |
| Current assets | 29/58 | €66 | €13 | -€53 | -80.6% |
| Cash at bank and in hand | 54/58 | €66 | €13 | -€53 | -80.6% |
| Total equity and liabilities | 10/49 | €483,579 | €615,137 | +€131,558 | +27.2% |
| Equity | 10/15 | €98,981 | €107,757 | +€8,776 | +8.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Profit (loss) carried forward | 14 | -€1,019 | €7,757 | +€8,776 | |
| Amounts payable | 17/49 | €384,598 | €507,380 | +€122,782 | +31.9% |
| Amounts payable after more than one year | 17 | €217,353 | €273,709 | +€56,356 | +25.9% |
| Financial debts | 170/4 | €217,353 | €273,709 | +€56,356 | +25.9% |
| Amounts payable within one year | 42/48 | €167,245 | €233,671 | +€66,426 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €32,365 | €40,600 | +€8,235 | +25.4% |
| Trade debts | 44 | €4,538 | €5,077 | +€539 | +11.9% |
| Suppliers | 440/4 | €4,538 | €5,077 | +€539 | +11.9% |
| Taxes, remuneration and social security | 45 | - | €3,287 | +€3,287 | |
| Taxes | 450/3 | - | €3,287 | +€3,287 | |
| Other amounts payable | 47/48 | €130,342 | €184,706 | +€54,364 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,602 | €23,362 | +€3,760 | +19.2% |
| Gross operating margin | 9900 | €36,988 | €47,097 | +€10,109 | +27.3% |
| Operating profit (loss) | 9901 | €17,386 | €23,735 | +€6,349 | +36.5% |
| Financial charges | 65/66B | €9,822 | €11,672 | +€1,850 | +18.8% |
| Recurring financial charges | 65 | €9,822 | €11,672 | +€1,850 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €7,564 | €12,063 | +€4,499 | +59.5% |
| Income taxes | 67/77 | - | €3,287 | +€3,287 | |
| Profit (loss) for the period | 9904 | €7,564 | €8,776 | +€1,212 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,564 | €8,776 | +€1,212 | +16.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.