IMMO-EXPERT: 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-EXPERT
Largest movements
- Cash -€11,506
down €11,506 (-70.9%), from €16,230 to €4,723
mainly Tax, wage and social debts (-€11,388) and Debts after one year (-€8,200)
- Receivables within one year -€4,052
down €4,052 (-57.3%), from €7,077 to €3,025
of which Trade receivables: -€4,042
- Tangible fixed assets -€2,508
down €2,508 (-1.9%), from €132,215 to €129,708
of which Land and buildings: -€3,711
- Tax, wage and social debts -€11,388
down €11,388 (-91.9%), from €12,392 to €1,004
of which Remuneration and social security: -€7,872
- Trade debts +€8,564
up €8,564 (+286.2%), from €2,992 to €11,556
- Debts after one year -€8,200
down €8,200 (-7.2%), from €113,942 to €105,742
- Other debts -€4,786
down €4,786 (-37.0%), from €12,927 to €8,140
- Profit (loss) carried forward -€1,944
down €1,944 (-6.5%), from -€30,084 to -€32,028
- Staff costs -€35,805
down €35,805 (-88.4%), from €40,507 to €4,703
- Gross operating margin -€30,088
down €30,088 (-72.4%), from €41,542 to €11,454
- Depreciation -€4,929
down €4,929 (-54.0%), from €9,131 to €4,202
- Financial charges -€645
down €645 (-16.0%), from €4,025 to €3,380
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 | €155,970 | €137,456 | -€18,514 | -11.9% |
| Fixed assets | 21/28 | €132,215 | €129,708 | -€2,508 | -1.9% |
| Tangible fixed assets | 22/27 | €132,215 | €129,708 | -€2,508 | -1.9% |
| Land and buildings | 22 | €130,851 | €127,140 | -€3,711 | -2.8% |
| Furniture and vehicles | 24 | €1,365 | €2,568 | +€1,203 | +88.1% |
| Current assets | 29/58 | €23,754 | €7,748 | -€16,006 | -67.4% |
| Amounts receivable within one year | 40/41 | €7,077 | €3,025 | -€4,052 | -57.3% |
| Trade receivables | 40 | €7,066 | €3,025 | -€4,042 | -57.2% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Cash at bank and in hand | 54/58 | €16,230 | €4,723 | -€11,506 | -70.9% |
| Deferred charges and accrued income | 490/1 | €448 | - | -€448 | |
| Total equity and liabilities | 10/49 | €155,970 | €137,456 | -€18,514 | -11.9% |
| Equity | 10/15 | €3,876 | €1,932 | -€1,944 | -50.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,360 | €15,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,084 | -€32,028 | -€1,944 | -6.5% |
| Amounts payable | 17/49 | €152,094 | €135,524 | -€16,570 | -10.9% |
| Amounts payable after more than one year | 17 | €113,942 | €105,742 | -€8,200 | -7.2% |
| Financial debts | 170/4 | €113,942 | €105,742 | -€8,200 | -7.2% |
| Amounts payable within one year | 42/48 | €37,005 | €28,899 | -€8,106 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €8,694 | €8,200 | -€495 | -5.7% |
| Trade debts | 44 | €2,992 | €11,556 | +€8,564 | +286.2% |
| Suppliers | 440/4 | €2,992 | €11,556 | +€8,564 | +286.2% |
| Taxes, remuneration and social security | 45 | €12,392 | €1,004 | -€11,388 | -91.9% |
| Taxes | 450/3 | €4,520 | €1,004 | -€3,517 | -77.8% |
| Remuneration and social security | 454/9 | €7,872 | - | -€7,872 | |
| Other amounts payable | 47/48 | €12,927 | €8,140 | -€4,786 | -37.0% |
| Accrued charges and deferred income | 492/3 | €1,147 | €882 | -€265 | -23.1% |
| Non-recurring operating income | 76A | - | €1,825 | +€1,825 | |
| Remuneration, social security and pensions | 62 | €40,507 | €4,703 | -€35,805 | -88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,131 | €4,202 | -€4,929 | -54.0% |
| Other operating charges | 640/8 | €1,191 | €1,093 | -€98 | -8.3% |
| Gross operating margin | 9900 | €41,542 | €11,454 | -€30,088 | -72.4% |
| Operating profit (loss) | 9901 | -€9,288 | €1,456 | +€10,744 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,025 | €3,380 | -€645 | -16.0% |
| Recurring financial charges | 65 | €4,025 | €3,380 | -€645 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,313 | -€1,924 | +€11,389 | +85.5% |
| Income taxes | 67/77 | €225 | €20 | -€206 | -91.2% |
| Profit (loss) for the period | 9904 | -€13,538 | -€1,944 | +€11,595 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,538 | -€1,944 | +€11,595 | +85.6% |
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.