IMMO BURST: what changed
Two financial 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 BURST
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+65.5%), from €1.8m to €2.9m
- Debts after one year +€626,306
up €626,306 (+53.9%), from €1.2m to €1.8m
- Other debts +€519,732
up €519,732 (+368.6%), from €140,995 to €660,727
- Turnover +€34,042
up €34,042 (+37.8%), from €90,000 to €124,042
- Gross operating margin +€30,840
up €30,840 (+36.0%), from €85,736 to €116,576
- Financial charges +€29,318
up €29,318 (+68.6%), from €42,768 to €72,086
- Depreciation +€5,653
up €5,653 (+23.2%), from €24,330 to €29,983
- Taxes +€3,500
new in 2024: €3,500
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 | €1,778,610 | €2,946,057 | +€1.2m | +65.6% |
| Fixed assets | 21/28 | €1,778,156 | €2,942,297 | +€1.2m | +65.5% |
| Tangible fixed assets | 22/27 | €1,778,156 | €2,942,297 | +€1.2m | +65.5% |
| Land and buildings | 22 | €1,778,156 | €2,942,297 | +€1.2m | +65.5% |
| Current assets | 29/58 | €454 | €3,760 | +€3,306 | +728.2% |
| Amounts receivable within one year | 40/41 | - | €2,594 | +€2,594 | |
| Other amounts receivable | 41 | - | €2,594 | +€2,594 | |
| Cash at bank and in hand | 54/58 | €454 | €1,166 | +€712 | +156.8% |
| Total equity and liabilities | 10/49 | €1,778,610 | €2,946,057 | +€1.2m | +65.6% |
| Equity | 10/15 | €403,336 | €413,856 | +€10,520 | +2.6% |
| Contributions | 10/11 | €407,500 | €407,500 | = | 0.0% |
| Capital | 10 | €407,500 | €407,500 | = | 0.0% |
| Issued capital | 100 | €407,500 | €407,500 | = | 0.0% |
| Reserves | 13 | - | €6,356 | +€6,356 | |
| Non-distributable reserves | 130/1 | - | €6,356 | +€6,356 | |
| Legal reserve | 130 | - | €6,356 | +€6,356 | |
| Profit (loss) carried forward | 14 | -€4,164 | - | +€4,164 | |
| Amounts payable | 17/49 | €1,375,274 | €2,532,201 | +€1.2m | +84.1% |
| Amounts payable after more than one year | 17 | €1,162,032 | €1,788,338 | +€626,306 | +53.9% |
| Financial debts | 170/4 | €1,162,032 | €1,788,338 | +€626,306 | +53.9% |
| Amounts payable within one year | 42/48 | €213,242 | €743,863 | +€530,621 | +248.8% |
| Current portion of amounts payable after more than one year | 42 | €70,848 | €79,251 | +€8,403 | +11.9% |
| Trade debts | 44 | €1,399 | €385 | -€1,014 | -72.5% |
| Suppliers | 440/4 | €1,399 | €385 | -€1,014 | -72.5% |
| Taxes, remuneration and social security | 45 | - | €3,500 | +€3,500 | |
| Taxes | 450/3 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €140,995 | €660,727 | +€519,732 | +368.6% |
| Turnover | 70 | €90,000 | €124,042 | +€34,042 | +37.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,264 | €7,466 | +€3,202 | +75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,330 | €29,983 | +€5,653 | +23.2% |
| Other operating charges | 640/8 | €2,079 | €487 | -€1,592 | -76.6% |
| Gross operating margin | 9900 | €85,736 | €116,576 | +€30,840 | +36.0% |
| Operating profit (loss) | 9901 | €59,327 | €86,106 | +€26,779 | +45.1% |
| Financial income | 75/76B | €631 | - | -€631 | |
| Recurring financial income | 75 | €631 | - | -€631 | |
| Financial charges | 65/66B | €42,768 | €72,086 | +€29,318 | +68.6% |
| Recurring financial charges | 65 | €42,768 | €72,086 | +€29,318 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | €17,190 | €14,020 | -€3,170 | -18.4% |
| Income taxes | 67/77 | - | €3,500 | +€3,500 | |
| Profit (loss) for the period | 9904 | €17,190 | €10,520 | -€6,670 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,190 | €10,520 | -€6,670 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.