IMMO CHENEENNE: 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 CHENEENNE
Largest movements
- Cash +€401,122
up €401,122 (+506.0%), from €79,275 to €480,396
mainly Current investments (+€395,305) and Depreciation (+€44,729)
- Current investments -€395,305
down €395,305 (-76.0%), from €520,023 to €124,718
- Tangible fixed assets -€37,134
down €37,134 (-3.7%), from €994,099 to €956,965
of which Land and buildings: -€38,934
- Debts after one year -€34,618
down €34,618 (-14.0%), from €246,528 to €211,910
- Financial charges -€71,994
down €71,994, from €2,302 to -€69,693
- Taxes +€23,066
up €23,066, from -€2,876 to €20,191
- Gross operating margin -€17,411
down €17,411 (-39.1%), from €44,473 to €27,062
- Other operating charges +€5,039
up €5,039 (+29.3%), from €17,223 to €22,261
- Financial income +€2,801
up €2,801 (+264.5%), from €1,059 to €3,860
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 | €1,593,397 | €1,571,761 | -€21,635 | -1.4% |
| Fixed assets | 21/28 | €994,099 | €956,965 | -€37,134 | -3.7% |
| Tangible fixed assets | 22/27 | €994,099 | €956,965 | -€37,134 | -3.7% |
| Land and buildings | 22 | €977,607 | €938,673 | -€38,934 | -4.0% |
| Plant, machinery and equipment | 23 | €15,584 | €17,928 | +€2,343 | +15.0% |
| Furniture and vehicles | 24 | €908 | €364 | -€544 | -59.9% |
| Current assets | 29/58 | €599,297 | €614,796 | +€15,499 | +2.6% |
| Amounts receivable within one year | 40/41 | €0 | €5,809 | +€5,809 | |
| Other amounts receivable | 41 | €0 | €5,809 | +€5,809 | |
| Current investments | 50/53 | €520,023 | €124,718 | -€395,305 | -76.0% |
| Cash at bank and in hand | 54/58 | €79,275 | €480,396 | +€401,122 | +506.0% |
| Deferred charges and accrued income | 490/1 | €0 | €3,873 | +€3,873 | |
| Total equity and liabilities | 10/49 | €1,593,397 | €1,571,761 | -€21,635 | -1.4% |
| Equity | 10/15 | €1,142,471 | €1,161,000 | +€18,529 | +1.6% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €448,905 | €463,713 | +€14,808 | +3.3% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Tax-exempt reserves | 132 | €287,932 | €277,740 | -€10,192 | -3.5% |
| Distributable reserves | 133 | €99,000 | €124,000 | +€25,000 | +25.3% |
| Profit (loss) carried forward | 14 | €73,832 | €77,553 | +€3,722 | +5.0% |
| Provisions and deferred taxes | 16 | €145,375 | €140,279 | -€5,096 | -3.5% |
| Deferred taxes | 168 | €145,375 | €140,279 | -€5,096 | -3.5% |
| Amounts payable | 17/49 | €305,551 | €270,482 | -€35,068 | -11.5% |
| Amounts payable after more than one year | 17 | €246,528 | €211,910 | -€34,618 | -14.0% |
| Financial debts | 170/4 | €246,528 | €211,910 | -€34,618 | -14.0% |
| Amounts payable within one year | 42/48 | €53,474 | €57,523 | +€4,049 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €39,990 | €37,625 | -€2,365 | -5.9% |
| Trade debts | 44 | €405 | €14,019 | +€13,614 | +3361.5% |
| Suppliers | 440/4 | €405 | €14,019 | +€13,614 | +3361.5% |
| Taxes, remuneration and social security | 45 | €9,766 | €2,500 | -€7,266 | -74.4% |
| Taxes | 450/3 | €9,766 | €2,500 | -€7,266 | -74.4% |
| Other amounts payable | 47/48 | €3,313 | €3,379 | +€66 | +2.0% |
| Accrued charges and deferred income | 492/3 | €5,549 | €1,050 | -€4,499 | -81.1% |
| Non-recurring operating income | 76A | €1,203 | €0 | -€1,203 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,993 | €44,729 | +€736 | +1.7% |
| Other operating charges | 640/8 | €17,223 | €22,261 | +€5,039 | +29.3% |
| Gross operating margin | 9900 | €44,473 | €27,062 | -€17,411 | -39.1% |
| Operating profit (loss) | 9901 | -€16,744 | -€39,929 | -€23,185 | -138.5% |
| Financial income | 75/76B | €1,059 | €3,860 | +€2,801 | +264.5% |
| Recurring financial income | 75 | €1,059 | €3,860 | +€2,801 | +264.5% |
| Financial charges | 65/66B | €2,302 | -€69,693 | -€71,994 | |
| Recurring financial charges | 65 | €2,302 | -€69,693 | -€71,994 | |
| Profit (loss) for the period before taxes | 9903 | -€17,986 | €33,624 | +€51,610 | |
| Transfer from deferred taxes | 780 | €5,096 | €5,096 | = | 0.0% |
| Income taxes | 67/77 | -€2,876 | €20,191 | +€23,066 | |
| Profit (loss) for the period | 9904 | -€10,015 | €18,529 | +€28,544 | |
| Transfer from tax-exempt reserves | 789 | €10,192 | €10,192 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €178 | €28,722 | +€28,544 | +16052.1% |
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 9 October 2026 via checked.be.