Immo-Bee: 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-Bee
Largest movements
- Tangible fixed assets +€896,318
up €896,318 (+59.4%), from €1.5m to €2.4m
of which Land and buildings: +€875,754
- Cash -€43,682
down €43,682 (-40.6%), from €107,717 to €64,035
mainly Investment in fixed assets (net) (-€1.1m) and Other debts (-€90,521)
- Debts after one year +€951,668
up €951,668 (+89.7%), from €1.1m to €2.0m
of which Financial debts: +€640,418
- Other debts -€90,521
down €90,521 (-50.9%), from €177,725 to €87,203
- Current portion of long-term debt +€39,471
up €39,471 (+75.0%), from €52,640 to €92,111
- Profit (loss) carried forward -€33,501
down €33,501 (-30.3%), from €110,390 to €76,889
- Depreciation +€98,539
up €98,539 (+106.5%), from €92,511 to €191,050
- Gross operating margin -€45,937
down €45,937 (-14.9%), from €307,569 to €261,632
- Taxes -€30,612
no longer reported in 2024 (was €30,612)
- Staff costs +€29,823
up €29,823 (+400.5%), from €7,447 to €37,269
- Financial charges +€24,695
up €24,695 (+87.6%), from €28,205 to €52,900
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 | €1,639,621 | €2,514,792 | +€875,172 | +53.4% |
| Formation expenses | 20 | €1,115 | €519 | -€596 | -53.5% |
| Fixed assets | 21/28 | €1,509,856 | €2,406,173 | +€896,318 | +59.4% |
| Tangible fixed assets | 22/27 | €1,507,856 | €2,404,173 | +€896,318 | +59.4% |
| Land and buildings | 22 | €1,479,438 | €2,355,192 | +€875,754 | +59.2% |
| Furniture and vehicles | 24 | €28,417 | €48,981 | +€20,563 | +72.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €128,650 | €108,101 | -€20,550 | -16.0% |
| Amounts receivable within one year | 40/41 | €19,853 | €21,013 | +€1,160 | +5.8% |
| Other amounts receivable | 41 | €19,853 | €21,013 | +€1,160 | +5.8% |
| Current investments | 50/53 | - | €19,314 | +€19,314 | |
| Cash at bank and in hand | 54/58 | €107,717 | €64,035 | -€43,682 | -40.6% |
| Deferred charges and accrued income | 490/1 | €1,081 | €3,740 | +€2,659 | +246.0% |
| Total equity and liabilities | 10/49 | €1,639,621 | €2,514,792 | +€875,172 | +53.4% |
| Equity | 10/15 | €310,390 | €276,889 | -€33,501 | -10.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,390 | €76,889 | -€33,501 | -30.3% |
| Amounts payable | 17/49 | €1,329,230 | €2,237,903 | +€908,673 | +68.4% |
| Amounts payable after more than one year | 17 | €1,061,416 | €2,013,084 | +€951,668 | +89.7% |
| Financial debts | 170/4 | €1,061,416 | €1,701,834 | +€640,418 | +60.3% |
| Other amounts payable | 178/9 | - | €311,250 | +€311,250 | |
| Amounts payable within one year | 42/48 | €267,814 | €221,069 | -€46,745 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €52,640 | €92,111 | +€39,471 | +75.0% |
| Trade debts | 44 | €238 | €5,291 | +€5,053 | +2126.9% |
| Suppliers | 440/4 | €238 | €5,291 | +€5,053 | +2126.9% |
| Taxes, remuneration and social security | 45 | €37,212 | €36,464 | -€748 | -2.0% |
| Taxes | 450/3 | €34,523 | €35,377 | +€854 | +2.5% |
| Remuneration and social security | 454/9 | €2,689 | €1,087 | -€1,602 | -59.6% |
| Other amounts payable | 47/48 | €177,725 | €87,203 | -€90,521 | -50.9% |
| Accrued charges and deferred income | 492/3 | - | €3,750 | +€3,750 | |
| Remuneration, social security and pensions | 62 | €7,447 | €37,269 | +€29,823 | +400.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,511 | €191,050 | +€98,539 | +106.5% |
| Other operating charges | 640/8 | €9,309 | €14,555 | +€5,245 | +56.3% |
| Gross operating margin | 9900 | €307,569 | €261,632 | -€45,937 | -14.9% |
| Operating profit (loss) | 9901 | €198,302 | €18,759 | -€179,544 | -90.5% |
| Financial income | 75/76B | €395 | €640 | +€245 | +62.1% |
| Recurring financial income | 75 | €395 | €640 | +€245 | +62.1% |
| Financial charges | 65/66B | €28,205 | €52,900 | +€24,695 | +87.6% |
| Recurring financial charges | 65 | €28,205 | €52,900 | +€24,695 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | €170,492 | -€33,501 | -€203,993 | |
| Income taxes | 67/77 | €30,612 | - | -€30,612 | |
| Profit (loss) for the period | 9904 | €139,881 | -€33,501 | -€173,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,881 | -€33,501 | -€173,382 |
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 7 October 2026 via checked.be.