IMMO-BUSCH: 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-BUSCH
Largest movements
- Cash +€46,368
up €46,368 (+1055.0%), from €4,395 to €50,763
mainly Other debts (+€84,939) and Depreciation (+€12,170)
- Receivables within one year +€30,000
up €30,000 (+50.0%), from €60,000 to €90,000
- Tangible fixed assets -€5,297
down €5,297 (-3.4%), from €156,000 to €150,703
- Other debts +€84,939
up €84,939 (+141.6%), from €59,989 to €144,928
- Debts after one year -€15,501
down €15,501 (-6.5%), from €236,767 to €221,266
of which Financial debts: -€15,500
- Turnover -€30,000
no longer reported in 2024 (was €30,000)
- Purchases and services -€10,067
no longer reported in 2024 (was €10,067)
- Gross operating margin +€5,825
up €5,825 (+29.2%), from €19,933 to €25,758
- Other operating charges +€4,397
new in 2024: €4,397
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 | €220,395 | €291,466 | +€71,071 | +32.2% |
| Fixed assets | 21/28 | €156,000 | €150,703 | -€5,297 | -3.4% |
| Tangible fixed assets | 22/27 | €156,000 | €150,703 | -€5,297 | -3.4% |
| Land and buildings | 22 | €156,000 | €150,703 | -€5,297 | -3.4% |
| Current assets | 29/58 | €64,395 | €140,763 | +€76,368 | +118.6% |
| Amounts receivable within one year | 40/41 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Trade receivables | 40 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €4,395 | €50,763 | +€46,368 | +1055.0% |
| Total equity and liabilities | 10/49 | €220,395 | €291,466 | +€71,071 | +32.2% |
| Equity | 10/15 | -€91,860 | -€90,228 | +€1,632 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,460 | -€108,828 | +€1,632 | +1.5% |
| Amounts payable | 17/49 | €312,255 | €381,694 | +€69,439 | +22.2% |
| Amounts payable after more than one year | 17 | €236,767 | €221,266 | -€15,501 | -6.5% |
| Financial debts | 170/4 | €79,021 | €63,521 | -€15,500 | -19.6% |
| Other amounts payable | 178/9 | €157,745 | €157,745 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €75,489 | €160,428 | +€84,939 | +112.5% |
| Current portion of amounts payable after more than one year | 42 | €15,500 | €15,500 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €59,989 | €144,928 | +€84,939 | +141.6% |
| Turnover | 70 | €30,000 | - | -€30,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,067 | - | -€10,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,000 | €12,170 | +€170 | +1.4% |
| Other operating charges | 640/8 | - | €4,397 | +€4,397 | |
| Gross operating margin | 9900 | €19,933 | €25,758 | +€5,825 | +29.2% |
| Operating profit (loss) | 9901 | €7,933 | €9,191 | +€1,258 | +15.9% |
| Financial charges | 65/66B | €7,574 | €7,559 | -€15 | -0.2% |
| Recurring financial charges | 65 | €7,574 | €7,559 | -€15 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €358 | €1,632 | +€1,274 | +355.5% |
| Profit (loss) for the period | 9904 | €358 | €1,632 | +€1,274 | +355.5% |
| Profit (loss) for the period to be appropriated | 9905 | €358 | €1,632 | +€1,274 | +355.5% |
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 29 September 2026 via checked.be.