IMMO BAUMAL: 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 BAUMAL
Largest movements
- Current investments -€119,380
down €119,380 (-15.7%), from €761,501 to €642,122
- Receivables within one year +€49,090
up €49,090 (+6822.2%), from €720 to €49,810
of which Trade receivables: +€44,838
- Tangible fixed assets +€45,956
up €45,956 (+12.8%), from €358,736 to €404,692
of which Plant, machinery and equipment: +€55,001
- Cash -€17,473
down €17,473 (-21.3%), from €81,844 to €64,372
mainly Investment in fixed assets (net) (-€80,818) and Receivables within one year (-€49,090)
- Other debts -€29,775
down €29,775 (-10.0%), from €297,894 to €268,119
- Profit (loss) carried forward -€14,294
down €14,294 (-2.3%), from €625,856 to €611,563
- Financial income +€14,800
up €14,800 (+274.4%), from €5,393 to €20,193
- Financial charges +€10,179
up €10,179 (+85.8%), from €11,863 to €22,042
- Gross operating margin +€806
up €806 (+2.7%), from €29,836 to €30,641
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 | €1,216,467 | €1,176,161 | -€40,306 | -3.3% |
| Formation expenses | 20 | €10,329 | €6,895 | -€3,434 | -33.3% |
| Fixed assets | 21/28 | €358,736 | €404,692 | +€45,956 | +12.8% |
| Tangible fixed assets | 22/27 | €358,736 | €404,692 | +€45,956 | +12.8% |
| Land and buildings | 22 | €228,635 | €216,894 | -€11,741 | -5.1% |
| Plant, machinery and equipment | 23 | €130,101 | €185,102 | +€55,001 | +42.3% |
| Furniture and vehicles | 24 | - | €2,695 | +€2,695 | |
| Current assets | 29/58 | €847,402 | €764,575 | -€82,827 | -9.8% |
| Amounts receivable within one year | 40/41 | €720 | €49,810 | +€49,090 | +6822.2% |
| Trade receivables | 40 | €0 | €44,838 | +€44,838 | |
| Other amounts receivable | 41 | €720 | €4,972 | +€4,252 | +591.0% |
| Current investments | 50/53 | €761,501 | €642,122 | -€119,380 | -15.7% |
| Cash at bank and in hand | 54/58 | €81,844 | €64,372 | -€17,473 | -21.3% |
| Deferred charges and accrued income | 490/1 | €3,336 | €8,272 | +€4,935 | +147.9% |
| Total equity and liabilities | 10/49 | €1,216,467 | €1,176,161 | -€40,306 | -3.3% |
| Equity | 10/15 | €911,970 | €897,676 | -€14,294 | -1.6% |
| Contributions | 10/11 | €54,191 | €54,191 | = | 0.0% |
| Reserves | 13 | €231,922 | €231,922 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,049 | €7,049 | = | 0.0% |
| Distributable reserves | 133 | €224,873 | €224,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | €625,856 | €611,563 | -€14,294 | -2.3% |
| Amounts payable | 17/49 | €304,497 | €278,485 | -€26,012 | -8.5% |
| Amounts payable within one year | 42/48 | €304,497 | €278,485 | -€26,012 | -8.5% |
| Trade debts | 44 | €2,843 | €2,346 | -€497 | -17.5% |
| Suppliers | 440/4 | €2,843 | €2,346 | -€497 | -17.5% |
| Taxes, remuneration and social security | 45 | €3,760 | €8,020 | +€4,260 | +113.3% |
| Taxes | 450/3 | €3,760 | €8,020 | +€4,260 | +113.3% |
| Other amounts payable | 47/48 | €297,894 | €268,119 | -€29,775 | -10.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,591 | €38,297 | -€294 | -0.8% |
| Other operating charges | 640/8 | €4,603 | €4,789 | +€187 | +4.1% |
| Gross operating margin | 9900 | €29,836 | €30,641 | +€806 | +2.7% |
| Operating profit (loss) | 9901 | -€13,358 | -€12,445 | +€913 | +6.8% |
| Financial income | 75/76B | €5,393 | €20,193 | +€14,800 | +274.4% |
| Recurring financial income | 75 | €5,393 | €20,193 | +€14,800 | +274.4% |
| Financial charges | 65/66B | €11,863 | €22,042 | +€10,179 | +85.8% |
| Recurring financial charges | 65 | €11,863 | €22,042 | +€10,179 | +85.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,828 | -€14,294 | +€5,534 | +27.9% |
| Profit (loss) for the period | 9904 | -€19,828 | -€14,294 | +€5,534 | +27.9% |
| Transfer from tax-exempt reserves | 789 | €543 | €0 | -€543 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,285 | -€14,294 | +€4,991 | +25.9% |
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 1 October 2026 via checked.be.