IMMO BLEU: 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 BLEU
Largest movements
- Receivables within one year +€41,189
up €41,189 (+169.0%), from €24,366 to €65,555
of which Other amounts receivable: +€27,839
- Tangible fixed assets -€32,508
down €32,508 (-5.2%), from €627,457 to €594,949
- Cash -€16,210
no longer reported in 2024 (was €16,210)
mainly Current portion of long-term debt (-€449,571) and Receivables within one year (-€41,189)
- Short-term financial debts +€451,088
new in 2024: €451,088
- Current portion of long-term debt -€449,571
down €449,571 (-94.4%), from €476,258 to €26,687
- Trade debts +€26,987
up €26,987 (+876.2%), from €3,080 to €30,067
- Debts after one year -€26,067
down €26,067 (-18.1%), from €143,657 to €117,591
of which Financial debts: -€26,687
- Financial charges +€8,284
up €8,284 (+35.6%), from €23,249 to €31,533
- Gross operating margin -€4,425
down €4,425 (-6.4%), from €68,681 to €64,256
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 | €668,033 | €666,200 | -€1,833 | -0.3% |
| Fixed assets | 21/28 | €627,457 | €594,949 | -€32,508 | -5.2% |
| Tangible fixed assets | 22/27 | €627,457 | €594,949 | -€32,508 | -5.2% |
| Land and buildings | 22 | €627,457 | €594,949 | -€32,508 | -5.2% |
| Current assets | 29/58 | €40,576 | €71,251 | +€30,675 | +75.6% |
| Amounts receivable within one year | 40/41 | €24,366 | €65,555 | +€41,189 | +169.0% |
| Trade receivables | 40 | - | €13,350 | +€13,350 | |
| Other amounts receivable | 41 | €24,366 | €52,205 | +€27,839 | +114.3% |
| Cash at bank and in hand | 54/58 | €16,210 | - | -€16,210 | |
| Deferred charges and accrued income | 490/1 | - | €5,696 | +€5,696 | |
| Total equity and liabilities | 10/49 | €668,033 | €666,200 | -€1,833 | -0.3% |
| Equity | 10/15 | €44,820 | €39,978 | -€4,843 | -10.8% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,180 | -€50,022 | -€4,843 | -10.7% |
| Amounts payable | 17/49 | €623,212 | €626,222 | +€3,010 | +0.5% |
| Amounts payable after more than one year | 17 | €143,657 | €117,591 | -€26,067 | -18.1% |
| Financial debts | 170/4 | €137,867 | €111,181 | -€26,687 | -19.4% |
| Other amounts payable | 178/9 | €5,790 | €6,410 | +€620 | +10.7% |
| Amounts payable within one year | 42/48 | €479,555 | €507,841 | +€28,286 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €476,258 | €26,687 | -€449,571 | -94.4% |
| Financial debts | 43 | - | €451,088 | +€451,088 | |
| Other loans | 439 | - | €451,088 | +€451,088 | |
| Trade debts | 44 | €3,080 | €30,067 | +€26,987 | +876.2% |
| Suppliers | 440/4 | €3,080 | €30,067 | +€26,987 | +876.2% |
| Other amounts payable | 47/48 | €218 | - | -€218 | |
| Accrued charges and deferred income | 492/3 | - | €790 | +€790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,508 | €32,508 | = | 0.0% |
| Other operating charges | 640/8 | €5,404 | €5,481 | +€77 | +1.4% |
| Gross operating margin | 9900 | €68,681 | €64,256 | -€4,425 | -6.4% |
| Operating profit (loss) | 9901 | €30,769 | €26,268 | -€4,501 | -14.6% |
| Financial income | 75/76B | - | €423 | +€423 | |
| Recurring financial income | 75 | - | €423 | +€423 | |
| Financial charges | 65/66B | €23,249 | €31,533 | +€8,284 | +35.6% |
| Recurring financial charges | 65 | €23,249 | €31,533 | +€8,284 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €7,520 | -€4,843 | -€12,363 | |
| Profit (loss) for the period | 9904 | €7,520 | -€4,843 | -€12,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,520 | -€4,843 | -€12,363 |
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 5 October 2026 via checked.be.