IMMO BREE: 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 BREE
Largest movements
- Tangible fixed assets -€8,236
down €8,236 (-3.1%), from €269,777 to €261,541
of which Land and buildings: -€13,656
- Cash +€5,971
up €5,971 (+12.0%), from €49,605 to €55,575
mainly Depreciation (+€14,262) and Receivables within one year (+€3,682)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€13,649
up €13,649 (+1521.2%), from €897 to €14,547
- Depreciation -€435
down €435 (-3.0%), from €14,696 to €14,262
- Taxes +€153
new in 2024: €153
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 | €542,160 | €536,217 | -€5,944 | -1.1% |
| Fixed assets | 21/28 | €309,277 | €301,041 | -€8,236 | -2.7% |
| Tangible fixed assets | 22/27 | €269,777 | €261,541 | -€8,236 | -3.1% |
| Land and buildings | 22 | €269,777 | €256,121 | -€13,656 | -5.1% |
| Plant, machinery and equipment | 23 | - | €5,420 | +€5,420 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €39,500 | €39,500 | = | 0.0% |
| Current assets | 29/58 | €232,884 | €235,176 | +€2,292 | +1.0% |
| Amounts receivable within one year | 40/41 | €183,240 | €179,559 | -€3,682 | -2.0% |
| Trade receivables | 40 | €23,643 | €23,962 | +€318 | +1.3% |
| Other amounts receivable | 41 | €159,597 | €155,597 | -€4,000 | -2.5% |
| Cash at bank and in hand | 54/58 | €49,605 | €55,575 | +€5,971 | +12.0% |
| Deferred charges and accrued income | 490/1 | €39 | €42 | +€3 | +6.8% |
| Total equity and liabilities | 10/49 | €542,160 | €536,217 | -€5,944 | -1.1% |
| Equity | 10/15 | €495,646 | €492,661 | -€2,985 | -0.6% |
| Contributions | 10/11 | €69,000 | €69,000 | = | 0.0% |
| Capital | 10 | €69,000 | €69,000 | = | 0.0% |
| Issued capital | 100 | €69,000 | €69,000 | = | 0.0% |
| Reserves | 13 | €426,646 | €423,661 | -€2,985 | -0.7% |
| Non-distributable reserves | 130/1 | €6,900 | €6,900 | = | 0.0% |
| Legal reserve | 130 | €6,900 | €6,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,873 | €81,354 | -€4,519 | -5.3% |
| Distributable reserves | 133 | €333,872 | €335,407 | +€1,534 | +0.5% |
| Provisions and deferred taxes | 16 | €44,218 | €41,891 | -€2,327 | -5.3% |
| Deferred taxes | 168 | €44,218 | €41,891 | -€2,327 | -5.3% |
| Amounts payable | 17/49 | €2,297 | €1,665 | -€632 | -27.5% |
| Amounts payable after more than one year | 17 | €744 | €744 | = | 0.0% |
| Other amounts payable | 178/9 | €744 | €744 | = | 0.0% |
| Amounts payable within one year | 42/48 | €828 | €196 | -€632 | -76.4% |
| Trade debts | 44 | €828 | €42 | -€786 | -94.9% |
| Suppliers | 440/4 | €828 | €42 | -€786 | -94.9% |
| Taxes, remuneration and social security | 45 | - | €153 | +€153 | |
| Taxes | 450/3 | - | €153 | +€153 | |
| Accrued charges and deferred income | 492/3 | €725 | €725 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,696 | €14,262 | -€435 | -3.0% |
| Other operating charges | 640/8 | €5,491 | €5,405 | -€85 | -1.6% |
| Gross operating margin | 9900 | €897 | €14,547 | +€13,649 | +1521.2% |
| Operating profit (loss) | 9901 | -€19,290 | -€5,121 | +€14,169 | +73.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €33 | €38 | +€5 | +13.6% |
| Recurring financial charges | 65 | €33 | €38 | +€5 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,323 | -€5,158 | +€14,165 | +73.3% |
| Transfer from deferred taxes | 780 | €2,327 | €2,327 | = | 0.0% |
| Income taxes | 67/77 | - | €153 | +€153 | |
| Profit (loss) for the period | 9904 | -€16,996 | -€2,985 | +€14,011 | +82.4% |
| Transfer from tax-exempt reserves | 789 | €4,519 | €4,519 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,477 | €1,534 | +€14,011 |
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 2 October 2026 via checked.be.