IMMO BELFRI: 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 BELFRI
Largest movements
- Tangible fixed assets -€3,451
down €3,451 (-3.6%), from €95,464 to €92,013
of which Land and buildings: -€2,727
- Receivables within one year -€2,151
no longer reported in 2024 (was €2,151)
- Profit (loss) carried forward -€8,339
down €8,339 (-29.6%), from -€28,178 to -€36,517
- Other debts +€3,500
up €3,500 (+9.8%), from €35,777 to €39,277
- Gross operating margin +€13,977
up €13,977, from -€8,255 to €5,722
- Other operating charges +€3,698
up €3,698 (+53.8%), from €6,868 to €10,566
- Depreciation -€267
down €267 (-7.2%), from €3,718 to €3,451
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 | €98,649 | €93,403 | -€5,247 | -5.3% |
| Fixed assets | 21/28 | €95,464 | €92,013 | -€3,451 | -3.6% |
| Tangible fixed assets | 22/27 | €95,464 | €92,013 | -€3,451 | -3.6% |
| Land and buildings | 22 | €92,988 | €90,261 | -€2,727 | -2.9% |
| Plant, machinery and equipment | 23 | €2,475 | €1,751 | -€724 | -29.3% |
| Current assets | 29/58 | €3,186 | €1,390 | -€1,796 | -56.4% |
| Amounts receivable within one year | 40/41 | €2,151 | - | -€2,151 | |
| Other amounts receivable | 41 | €2,151 | - | -€2,151 | |
| Cash at bank and in hand | 54/58 | €137 | €475 | +€339 | +247.7% |
| Deferred charges and accrued income | 490/1 | €898 | €915 | +€17 | +1.9% |
| Total equity and liabilities | 10/49 | €98,649 | €93,403 | -€5,247 | -5.3% |
| Equity | 10/15 | €61,860 | €53,521 | -€8,339 | -13.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €28,537 | €28,537 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €22,387 | €22,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,178 | -€36,517 | -€8,339 | -29.6% |
| Amounts payable | 17/49 | €36,790 | €39,882 | +€3,092 | +8.4% |
| Amounts payable within one year | 42/48 | €36,790 | €39,882 | +€3,092 | +8.4% |
| Trade debts | 44 | €1,013 | €605 | -€408 | -40.3% |
| Suppliers | 440/4 | €1,013 | €605 | -€408 | -40.3% |
| Other amounts payable | 47/48 | €35,777 | €39,277 | +€3,500 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,718 | €3,451 | -€267 | -7.2% |
| Other operating charges | 640/8 | €6,868 | €10,566 | +€3,698 | +53.8% |
| Gross operating margin | 9900 | -€8,255 | €5,722 | +€13,977 | |
| Operating profit (loss) | 9901 | -€18,841 | -€8,295 | +€10,546 | +56.0% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,880 | -€8,339 | +€10,542 | +55.8% |
| Profit (loss) for the period | 9904 | -€18,880 | -€8,339 | +€10,542 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,880 | -€8,339 | +€10,542 | +55.8% |
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 3 October 2026 via checked.be.