IMMO CODILE: 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 CODILE
Largest movements
- Cash -€14,169
down €14,169 (-74.7%), from €18,968 to €4,799
mainly Debts after one year (-€24,967) and Investment in fixed assets (net) (-€17,739)
- Tangible fixed assets -€11,053
down €11,053 (-2.3%), from €485,180 to €474,128
of which Land and buildings: -€27,254
- Debts after one year -€24,967
down €24,967 (-6.5%), from €384,821 to €359,854
- Profit (loss) carried forward +€9,263
up €9,263 (+1072.5%), from €864 to €10,127
- Other debts -€5,600
down €5,600 (-7.5%), from €75,160 to €69,560
- Depreciation +€964
up €964 (+3.5%), from €27,827 to €28,791
- Gross operating margin -€690
down €690 (-1.5%), from €46,185 to €45,495
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 | €504,148 | €483,253 | -€20,895 | -4.1% |
| Fixed assets | 21/28 | €485,180 | €474,128 | -€11,053 | -2.3% |
| Tangible fixed assets | 22/27 | €485,180 | €474,128 | -€11,053 | -2.3% |
| Land and buildings | 22 | €476,589 | €449,335 | -€27,254 | -5.7% |
| Plant, machinery and equipment | 23 | €8,591 | €24,792 | +€16,201 | +188.6% |
| Current assets | 29/58 | €18,968 | €9,126 | -€9,843 | -51.9% |
| Amounts receivable within one year | 40/41 | - | €4,327 | +€4,327 | |
| Trade receivables | 40 | - | €4,000 | +€4,000 | |
| Other amounts receivable | 41 | - | €327 | +€327 | |
| Cash at bank and in hand | 54/58 | €18,968 | €4,799 | -€14,169 | -74.7% |
| Total equity and liabilities | 10/49 | €504,148 | €483,253 | -€20,895 | -4.1% |
| Equity | 10/15 | €19,464 | €28,727 | +€9,263 | +47.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €864 | €10,127 | +€9,263 | +1072.5% |
| Amounts payable | 17/49 | €484,685 | €454,526 | -€30,158 | -6.2% |
| Amounts payable after more than one year | 17 | €384,821 | €359,854 | -€24,967 | -6.5% |
| Financial debts | 170/4 | €384,821 | €359,854 | -€24,967 | -6.5% |
| Amounts payable within one year | 42/48 | €99,864 | €94,672 | -€5,191 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €24,558 | €24,967 | +€409 | +1.7% |
| Trade debts | 44 | €145 | €145 | = | 0.0% |
| Suppliers | 440/4 | €145 | €145 | = | 0.0% |
| Other amounts payable | 47/48 | €75,160 | €69,560 | -€5,600 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,827 | €28,791 | +€964 | +3.5% |
| Other operating charges | 640/8 | €384 | €451 | +€67 | +17.3% |
| Gross operating margin | 9900 | €46,185 | €45,495 | -€690 | -1.5% |
| Operating profit (loss) | 9901 | €17,974 | €16,253 | -€1,721 | -9.6% |
| Financial charges | 65/66B | €7,369 | €6,990 | -€379 | -5.1% |
| Recurring financial charges | 65 | €7,369 | €6,990 | -€379 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €10,605 | €9,263 | -€1,342 | -12.7% |
| Profit (loss) for the period | 9904 | €10,605 | €9,263 | -€1,342 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,605 | €9,263 | -€1,342 | -12.7% |
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 1 October 2026 via checked.be.