IMMO DEGE: 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 DEGE
Largest movements
- Tangible fixed assets -€133,668
down €133,668 (-34.9%), from €383,436 to €249,768
- Cash +€131,435
up €131,435 (+2144.8%), from €6,128 to €137,563
mainly Net result for the year (+€134,059) and Investment in fixed assets (net) (+€110,693)
- Reserves +€123,367
up €123,367 (+219.9%), from €56,108 to €179,475
of which Tax-exempt reserves: +€123,367
- Debts after one year -€116,823
no longer reported in 2024 (was €116,823)
- Current portion of long-term debt -€75,277
no longer reported in 2024 (was €75,277)
- Provisions +€46,397
up €46,397 (+123.8%), from €37,473 to €83,870
of which Deferred taxes: +€46,397
- Profit (loss) carried forward +€10,692
up €10,692 (+24.4%), from €43,766 to €54,458
- Gross operating margin +€166,040
up €166,040 (+277.7%), from €59,795 to €225,835
- Turnover -€15,718
down €15,718 (-11.4%), from €138,229 to €122,511
- Purchases and services +€4,923
up €4,923 (+6.3%), from €78,434 to €83,357
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 | €432,788 | €432,581 | -€207 | 0.0% |
| Fixed assets | 21/28 | €408,470 | €274,802 | -€133,668 | -32.7% |
| Tangible fixed assets | 22/27 | €383,436 | €249,768 | -€133,668 | -34.9% |
| Land and buildings | 22 | €383,436 | €249,768 | -€133,668 | -34.9% |
| Financial fixed assets | 28 | €25,034 | €25,034 | = | 0.0% |
| Current assets | 29/58 | €24,318 | €157,779 | +€133,461 | +548.8% |
| Amounts receivable within one year | 40/41 | €18,190 | €20,216 | +€2,026 | +11.1% |
| Trade receivables | 40 | - | €3,826 | +€3,826 | |
| Other amounts receivable | 41 | €18,190 | €16,390 | -€1,800 | -9.9% |
| Cash at bank and in hand | 54/58 | €6,128 | €137,563 | +€131,435 | +2144.8% |
| Total equity and liabilities | 10/49 | €432,788 | €432,581 | -€207 | 0.0% |
| Equity | 10/15 | €118,466 | €252,525 | +€134,059 | +113.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,108 | €179,475 | +€123,367 | +219.9% |
| Non-distributable reserves | 130/1 | €1,775 | €1,775 | = | 0.0% |
| Legal reserve | 130 | €1,775 | €1,775 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,333 | €177,700 | +€123,367 | +227.1% |
| Profit (loss) carried forward | 14 | €43,766 | €54,458 | +€10,692 | +24.4% |
| Provisions and deferred taxes | 16 | €37,473 | €83,870 | +€46,397 | +123.8% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Deferred taxes | 168 | €17,473 | €63,870 | +€46,397 | +265.5% |
| Amounts payable | 17/49 | €276,849 | €96,186 | -€180,663 | -65.3% |
| Amounts payable after more than one year | 17 | €116,823 | - | -€116,823 | |
| Financial debts | 170/4 | €116,823 | - | -€116,823 | |
| Amounts payable within one year | 42/48 | €125,814 | €62,259 | -€63,555 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €75,277 | - | -€75,277 | |
| Trade debts | 44 | €27,937 | €36,059 | +€8,122 | +29.1% |
| Suppliers | 440/4 | €27,937 | €36,059 | +€8,122 | +29.1% |
| Other amounts payable | 47/48 | €22,600 | €26,200 | +€3,600 | +15.9% |
| Accrued charges and deferred income | 492/3 | €34,212 | €33,927 | -€285 | -0.8% |
| Turnover | 70 | €138,229 | €122,511 | -€15,718 | -11.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,434 | €83,357 | +€4,923 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,065 | €22,975 | -€2,090 | -8.3% |
| Other operating charges | 640/8 | €10,814 | €11,169 | +€355 | +3.3% |
| Gross operating margin | 9900 | €59,795 | €225,835 | +€166,040 | +277.7% |
| Operating profit (loss) | 9901 | €23,916 | €191,691 | +€167,775 | +701.5% |
| Financial income | 75/76B | €10 | €48 | +€38 | +380.0% |
| Recurring financial income | 75 | €10 | €48 | +€38 | +380.0% |
| Financial charges | 65/66B | €10,495 | €10,371 | -€124 | -1.2% |
| Recurring financial charges | 65 | €10,495 | €10,371 | -€124 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €13,431 | €181,368 | +€167,937 | +1250.4% |
| Transfer from deferred taxes | 780 | €1,495 | €3,146 | +€1,651 | +110.4% |
| Transfer to deferred taxes | 680 | - | €49,543 | +€49,543 | |
| Income taxes | 67/77 | €938 | €912 | -€26 | -2.8% |
| Profit (loss) for the period | 9904 | €13,988 | €134,059 | +€120,071 | +858.4% |
| Transfer from tax-exempt reserves | 789 | €4,489 | €8,898 | +€4,409 | +98.2% |
| Transfer to tax-exempt reserves | 689 | - | €132,265 | +€132,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,477 | €10,692 | -€7,785 | -42.1% |
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 12 October 2026 via checked.be.