Immo B: 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 B
Largest movements
- Receivables within one year -€132,056
down €132,056 (-61.9%), from €213,351 to €81,295
of which Trade receivables: -€117,450
- Tangible fixed assets +€56,597
up €56,597 (+10.6%), from €534,587 to €591,184
- Cash +€24,366
up €24,366 (+5,505%), from €443 to €24,808
mainly Receivables within one year (+€132,056) and Tax, wage and social debts (+€33,664)
- Debts after one year -€80,011
down €80,011 (-18.1%), from €441,477 to €361,467
of which Other amounts payable: -€74,487
- Tax, wage and social debts +€33,664
up €33,664 (+206%), from €16,344 to €50,008
- Gross operating margin -€25,419
down €25,419 (-29.1%), from €87,482 to €62,063
- Financial charges -€24,597
down €24,597 (-47.7%), from €51,577 to €26,980
- Depreciation +€4,285
up €4,285 (+22.3%), from €19,244 to €23,530
- Financial income +€3,176
up €3,176 (+563%), from €564 to €3,740
- Taxes +€1,333
up €1,333, from -€230 to €1,102
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 | €755,580 | €704,487 | -€51,093 | -6.8% |
| Fixed assets | 21/28 | €534,587 | €591,184 | +€56,597 | +10.6% |
| Tangible fixed assets | 22/27 | €534,587 | €591,184 | +€56,597 | +10.6% |
| Land and buildings | 22 | €534,587 | €591,184 | +€56,597 | +10.6% |
| Current assets | 29/58 | €220,994 | €113,304 | -€107,690 | -48.7% |
| Amounts receivable within one year | 40/41 | €213,351 | €81,295 | -€132,056 | -61.9% |
| Trade receivables | 40 | €123,596 | €6,146 | -€117,450 | -95.0% |
| Other amounts receivable | 41 | €89,755 | €75,149 | -€14,606 | -16.3% |
| Current investments | 50/53 | €7,200 | €7,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €443 | €24,808 | +€24,366 | +5,505% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €755,580 | €704,487 | -€51,093 | -6.8% |
| Equity | 10/15 | €281,772 | €281,921 | +€149 | +0.1% |
| Contributions | 10/11 | €12,592 | €12,592 | = | 0.0% |
| Revaluation surpluses | 12 | €334,297 | €334,297 | = | 0.0% |
| Reserves | 13 | €54,776 | €54,776 | = | 0.0% |
| Distributable reserves | 133 | €54,776 | €54,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,893 | -€119,744 | +€149 | +0.1% |
| Amounts payable | 17/49 | €473,809 | €422,566 | -€51,243 | -10.8% |
| Amounts payable after more than one year | 17 | €441,477 | €361,467 | -€80,011 | -18.1% |
| Financial debts | 170/4 | €270,990 | €265,467 | -€5,524 | -2.0% |
| Other amounts payable | 178/9 | €170,487 | €96,000 | -€74,487 | -43.7% |
| Amounts payable within one year | 42/48 | €32,332 | €61,100 | +€28,768 | +89.0% |
| Current portion of amounts payable after more than one year | 42 | €5,038 | €5,524 | +€485 | +9.6% |
| Financial debts | 43 | €3,465 | €4,340 | +€875 | +25.2% |
| Credit institutions | 430/8 | €3,465 | €2,057 | -€1,408 | -40.6% |
| Other loans | 439 | - | €2,283 | +€2,283 | |
| Trade debts | 44 | €7,484 | €1,228 | -€6,256 | -83.6% |
| Suppliers | 440/4 | €7,484 | €1,228 | -€6,256 | -83.6% |
| Taxes, remuneration and social security | 45 | €16,344 | €50,008 | +€33,664 | +206% |
| Taxes | 450/3 | €16,344 | €50,008 | +€33,664 | +206% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,244 | €23,530 | +€4,285 | +22.3% |
| Other operating charges | 640/8 | €4,317 | €4,042 | -€275 | -6.4% |
| Non-recurring operating charges | 66A | €12,481 | €10,000 | -€2,481 | -19.9% |
| Gross operating margin | 9900 | €87,482 | €62,063 | -€25,419 | -29.1% |
| Operating profit (loss) | 9901 | €51,440 | €24,492 | -€26,948 | -52.4% |
| Financial income | 75/76B | €564 | €3,740 | +€3,176 | +563% |
| Recurring financial income | 75 | €564 | €3,740 | +€3,176 | +563% |
| Financial charges | 65/66B | €51,577 | €26,980 | -€24,597 | -47.7% |
| Recurring financial charges | 65 | €51,577 | €26,980 | -€24,597 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €427 | €1,252 | +€825 | +193% |
| Income taxes | 67/77 | -€230 | €1,102 | +€1,333 | |
| Profit (loss) for the period | 9904 | €657 | €149 | -€508 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €657 | €149 | -€508 | -77.3% |
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 16 October 2026 via checked.be.