IMMO EDMA: 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.
What changed
IMMO EDMA
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,151
2023 · -€60,729+€58,578
Equity
€2.8m
2023 · €2.8m-€2,151
Cash
€5,346
2023 · €22,469-€17,123
Balance sheet total
€3.7m
2023 · €3.6m+€118,573
Largest movements
Assets
- Receivables after one year +€180,500
new in 2024: €180,500
- Tangible fixed assets -€69,340
down €69,340 (-2.1%), from €3.4m to €3.3m
of which Land and buildings: -€68,066
Equity and liabilities
- Other debts +€191,970
up €191,970 (+899.3%), from €21,348 to €213,318
- Debts after one year -€67,555
down €67,555 (-10.0%), from €672,433 to €604,878
Income statement
- Gross operating margin +€61,081
up €61,081 (+87.2%), from €70,009 to €131,089
- Financial charges -€2,746
down €2,746 (-8.8%), from €31,111 to €28,365
- Financial income -€2,289
down €2,289 (-83.5%), from €2,740 to €451
- Depreciation +€2,120
up €2,120 (+2.6%), from €80,870 to €82,989
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.
Result 2023
-€60,729
Gross operating margin
+€61,081
Depreciation
-€2,120
Other operating charges
-€840
Financial income
-€2,289
Financial charges
+€2,746
Result 2024
-€2,151
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.
From operations
+€63,787
Investment
-€13,649
Financing
-€67,261
Cash 2023
€22,469
From operations (derived)
+€63,787
Net result for the year
-€2,151
Depreciation
+€82,989
Receivables after one year
-€180,500
Receivables within one year
-€20,451
Deferred charges and accrued income
-€4,085
Trade debts
-€6,261
Tax, wage and social debts
+€3,500
Other debts
+€191,970
Accrued charges and deferred income
-€1,224
Investment (derived)
-€13,649
Investment in fixed assets (net)
-€13,649
Financing
-€67,261
Debts after one year
-€67,555
Current portion of long-term debt
+€294
Short-term financial debts
+€1
Cash 2024
€5,346
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,560,387 | €3,678,960 | +€118,573 | +3.3% |
| Fixed assets | 21/28 | €3,373,370 | €3,304,030 | -€69,340 | -2.1% |
| Tangible fixed assets | 22/27 | €3,373,370 | €3,304,030 | -€69,340 | -2.1% |
| Land and buildings | 22 | €3,357,578 | €3,289,512 | -€68,066 | -2.0% |
| Plant, machinery and equipment | 23 | €13,181 | €14,518 | +€1,337 | +10.1% |
| Furniture and vehicles | 24 | €2,611 | - | -€2,611 | |
| Current assets | 29/58 | €187,017 | €374,931 | +€187,913 | +100.5% |
| Amounts receivable after more than one year | 29 | - | €180,500 | +€180,500 | |
| Other amounts receivable | 291 | - | €180,500 | +€180,500 | |
| Amounts receivable within one year | 40/41 | €164,375 | €184,827 | +€20,451 | +12.4% |
| Other amounts receivable | 41 | €164,375 | €184,827 | +€20,451 | +12.4% |
| Cash at bank and in hand | 54/58 | €22,469 | €5,346 | -€17,123 | -76.2% |
| Deferred charges and accrued income | 490/1 | €173 | €4,258 | +€4,085 | +2363.9% |
| Total equity and liabilities | 10/49 | €3,560,387 | €3,678,960 | +€118,573 | +3.3% |
| Equity | 10/15 | €2,785,130 | €2,782,979 | -€2,151 | -0.1% |
| 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% |
| Revaluation surpluses | 12 | €3,053,558 | €3,053,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€330,428 | -€332,579 | -€2,151 | -0.7% |
| Amounts payable | 17/49 | €775,257 | €895,982 | +€120,725 | +15.6% |
| Amounts payable after more than one year | 17 | €672,433 | €604,878 | -€67,555 | -10.0% |
| Financial debts | 170/4 | €672,433 | €604,878 | -€67,555 | -10.0% |
| Amounts payable within one year | 42/48 | €101,600 | €291,104 | +€189,504 | +186.5% |
| Current portion of amounts payable after more than one year | 42 | €66,835 | €67,129 | +€294 | +0.4% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €6,417 | €156 | -€6,261 | -97.6% |
| Suppliers | 440/4 | €6,417 | €156 | -€6,261 | -97.6% |
| Taxes, remuneration and social security | 45 | €7,000 | €10,500 | +€3,500 | +50.0% |
| Remuneration and social security | 454/9 | €7,000 | €10,500 | +€3,500 | +50.0% |
| Other amounts payable | 47/48 | €21,348 | €213,318 | +€191,970 | +899.3% |
| Accrued charges and deferred income | 492/3 | €1,224 | - | -€1,224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,870 | €82,989 | +€2,120 | +2.6% |
| Other operating charges | 640/8 | €21,498 | €22,337 | +€840 | +3.9% |
| Gross operating margin | 9900 | €70,009 | €131,089 | +€61,081 | +87.2% |
| Operating profit (loss) | 9901 | -€32,358 | €25,763 | +€58,121 | |
| Financial income | 75/76B | €2,740 | €451 | -€2,289 | -83.5% |
| Recurring financial income | 75 | €2,740 | €451 | -€2,289 | -83.5% |
| Financial charges | 65/66B | €31,111 | €28,365 | -€2,746 | -8.8% |
| Recurring financial charges | 65 | €31,111 | €28,365 | -€2,746 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€60,729 | -€2,151 | +€58,578 | +96.5% |
| Profit (loss) for the period | 9904 | -€60,729 | -€2,151 | +€58,578 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,729 | -€2,151 | +€58,578 | +96.5% |
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 30 September 2026 via checked.be.