IMMO D'ESTE: 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 D'ESTE
Largest movements
- Tangible fixed assets +€16,720
up €16,720 (+2.9%), from €584,450 to €601,170
of which Plant, machinery and equipment: +€28,362
- Receivables within one year +€7,835
up €7,835 (+28.9%), from €27,104 to €34,940
of which Trade receivables: +€4,755
- Other debts +€108,282
up €108,282 (+10.8%), from €1.0m to €1.1m
- Profit (loss) carried forward -€57,622
down €57,622 (-12.3%), from -€467,015 to -€524,636
- Trade debts -€21,842
down €21,842 (-97.0%), from €22,508 to €666
- Depreciation -€37,221
down €37,221 (-48.5%), from €76,765 to €39,544
- Gross operating margin +€29,392
up €29,392 (+67.9%), from -€43,283 to -€13,891
- Other operating charges -€1,312
down €1,312 (-24.2%), from €5,429 to €4,117
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 | €620,217 | €649,036 | +€28,819 | +4.6% |
| Fixed assets | 21/28 | €584,450 | €601,170 | +€16,720 | +2.9% |
| Tangible fixed assets | 22/27 | €584,450 | €601,170 | +€16,720 | +2.9% |
| Land and buildings | 22 | €557,961 | €545,120 | -€12,842 | -2.3% |
| Plant, machinery and equipment | 23 | - | €28,362 | +€28,362 | |
| Furniture and vehicles | 24 | €26,489 | €21,124 | -€5,365 | -20.3% |
| Assets under construction and advance payments | 27 | - | €6,565 | +€6,565 | |
| Current assets | 29/58 | €35,767 | €47,866 | +€12,099 | +33.8% |
| Amounts receivable within one year | 40/41 | €27,104 | €34,940 | +€7,835 | +28.9% |
| Trade receivables | 40 | €6,000 | €10,755 | +€4,755 | +79.3% |
| Other amounts receivable | 41 | €21,104 | €24,184 | +€3,080 | +14.6% |
| Cash at bank and in hand | 54/58 | €6,589 | €12,293 | +€5,704 | +86.6% |
| Deferred charges and accrued income | 490/1 | €2,074 | €633 | -€1,441 | -69.5% |
| Total equity and liabilities | 10/49 | €620,217 | €649,036 | +€28,819 | +4.6% |
| Equity | 10/15 | -€405,015 | -€462,636 | -€57,622 | -14.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€467,015 | -€524,636 | -€57,622 | -12.3% |
| Amounts payable | 17/49 | €1,025,232 | €1,111,672 | +€86,441 | +8.4% |
| Amounts payable within one year | 42/48 | €1,025,232 | €1,111,672 | +€86,441 | +8.4% |
| Trade debts | 44 | €22,508 | €666 | -€21,842 | -97.0% |
| Suppliers | 440/4 | €22,508 | €666 | -€21,842 | -97.0% |
| Other amounts payable | 47/48 | €1,002,724 | €1,111,006 | +€108,282 | +10.8% |
| Non-recurring operating income | 76A | - | €8,700 | +€8,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,765 | €39,544 | -€37,221 | -48.5% |
| Other operating charges | 640/8 | €5,429 | €4,117 | -€1,312 | -24.2% |
| Gross operating margin | 9900 | -€43,283 | -€13,891 | +€29,392 | +67.9% |
| Operating profit (loss) | 9901 | -€125,477 | -€57,552 | +€67,925 | +54.1% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €62 | €69 | +€8 | +12.7% |
| Recurring financial charges | 65 | €62 | €69 | +€8 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€125,500 | -€57,622 | +€67,879 | +54.1% |
| Income taxes | 67/77 | €16 | - | -€16 | |
| Profit (loss) for the period | 9904 | -€125,516 | -€57,622 | +€67,894 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,516 | -€57,622 | +€67,894 | +54.1% |
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 3 October 2026 via checked.be.