IMMO FÉLINE: 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.
What changed
IMMO FÉLINE
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€541,323
2023 · -€55,841+€597,165
Equity
€642,246
2023 · €100,923+€541,323
Cash
€27,534
2023 · €64,522-€36,988
Balance sheet total
€4.6m
2023 · €3.0m+€1.6m
Largest movements
Assets
- Financial fixed assets +€1.6m
up €1.6m (+74.5%), from €2.2m to €3.8m
of which Affiliated companies: +€1.6m
Equity and liabilities
- Other debts +€1.4m
up €1.4m (+240%), from €566,005 to €1.9m
- Profit (loss) carried forward +€541,323
up €541,323 (+713%), from €75,923 to €617,246
- Debts after one year -€303,768
down €303,768 (-14.9%), from €2.0m to €1.7m
Income statement
- Financial income +€557,716
up €557,716 (+1,237%), from €45,099 to €602,815
- Depreciation -€26,294
no longer reported in 2024 (was €26,294)
- Financial charges -€17,122
down €17,122 (-16.5%), from €103,749 to €86,627
- Services and other goods +€4,146
up €4,146 (+74.9%), from €5,535 to €9,681
- Other operating income +€1,680
new in 2024: €1,680
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
-€55,841
Other operating income
+€1,680
Services and other goods
-€4,146
Depreciation
+€26,294
Other operating charges
-€1,500
Financial income
+€557,716
Financial charges
+€17,122
Result 2024
€541,323
raises the resultlowers the result
Derived cash bridge
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
+€1.9m
Investment
-€1.6m
Financing
-€292,428
Cash 2023
€64,522
From operations (derived)
+€1.9m
Net result for the year
+€541,323
Smaller working-capital items
+€4,885
Trade debts
-€5,066
Other debts
+€1.4m
Accrued charges and deferred income
-€23,959
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
-€292,428
Debts after one year
-€303,768
Current portion of long-term debt
+€11,339
Cash 2024
€27,534
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,038,122 | €4,622,034 | +€1.6m | +52.1% |
| Fixed assets | 21/28 | €2,909,474 | €4,531,544 | +€1.6m | +55.8% |
| Tangible fixed assets | 22/27 | €759,474 | €780,044 | +€20,570 | +2.7% |
| Land and buildings | 22 | €759,474 | €780,044 | +€20,570 | +2.7% |
| Financial fixed assets | 28 | €2,150,000 | €3,751,500 | +€1.6m | +74.5% |
| Affiliated companies | 280/1 | €2,150,000 | €3,750,000 | +€1.6m | +74.4% |
| Participating interests | 280 | €2,150,000 | €3,750,000 | +€1.6m | +74.4% |
| Other financial fixed assets | 284/8 | - | €1,500 | +€1,500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €128,648 | €90,490 | -€38,157 | -29.7% |
| Amounts receivable within one year | 40/41 | €64,125 | €62,956 | -€1,169 | -1.8% |
| Trade receivables | 40 | €10,890 | €21,780 | +€10,890 | +100% |
| Other amounts receivable | 41 | €53,235 | €41,176 | -€12,059 | -22.7% |
| Cash at bank and in hand | 54/58 | €64,522 | €27,534 | -€36,988 | -57.3% |
| Total equity and liabilities | 10/49 | €3,038,122 | €4,622,034 | +€1.6m | +52.1% |
| Equity | 10/15 | €100,923 | €642,246 | +€541,323 | +536% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,923 | €617,246 | +€541,323 | +713% |
| Amounts payable | 17/49 | €2,937,199 | €3,979,788 | +€1.0m | +35.5% |
| Amounts payable after more than one year | 17 | €2,034,574 | €1,730,806 | -€303,768 | -14.9% |
| Financial debts | 170/4 | €2,034,574 | €1,730,806 | -€303,768 | -14.9% |
| Subordinated loans | 170 | €411,956 | €416,074 | +€4,118 | +1.0% |
| Credit institutions | 173 | €1,622,618 | €1,314,732 | -€307,886 | -19.0% |
| Amounts payable within one year | 42/48 | €873,393 | €2,243,709 | +€1.4m | +157% |
| Current portion of amounts payable after more than one year | 42 | €296,547 | €307,886 | +€11,339 | +3.8% |
| Trade debts | 44 | €10,842 | €5,775 | -€5,066 | -46.7% |
| Suppliers | 440/4 | €10,842 | €5,775 | -€5,066 | -46.7% |
| Taxes, remuneration and social security | 45 | - | €3,716 | +€3,716 | |
| Taxes | 450/3 | - | €3,716 | +€3,716 | |
| Other amounts payable | 47/48 | €566,005 | €1,926,332 | +€1.4m | +240% |
| Accrued charges and deferred income | 492/3 | €29,232 | €5,273 | -€23,959 | -82.0% |
| Operating income | 70/76A | €36,000 | €37,680 | +€1,680 | +4.7% |
| Turnover | 70 | €36,000 | €36,000 | = | 0.0% |
| Other operating income | 74 | - | €1,680 | +€1,680 | |
| Operating charges | 60/66A | €33,192 | €12,544 | -€20,647 | -62.2% |
| Services and other goods | 61 | €5,535 | €9,681 | +€4,146 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,294 | - | -€26,294 | |
| Other operating charges | 640/8 | €1,363 | €2,863 | +€1,500 | +110% |
| Operating profit (loss) | 9901 | €2,808 | €25,136 | +€22,327 | +795% |
| Financial income | 75/76B | €45,099 | €602,815 | +€557,716 | +1,237% |
| Recurring financial income | 75 | €45,099 | €602,815 | +€557,716 | +1,237% |
| Income from financial fixed assets | 750 | €40,000 | €2,119 | -€37,881 | -94.7% |
| Income from current assets | 751 | €5,099 | €600,696 | +€595,596 | +11,680% |
| Financial charges | 65/66B | €103,749 | €86,627 | -€17,122 | -16.5% |
| Recurring financial charges | 65 | €103,749 | €86,627 | -€17,122 | -16.5% |
| Debt charges | 650 | €103,749 | €86,627 | -€17,122 | -16.5% |
| Other financial charges | 652/9 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€55,841 | €541,323 | +€597,165 | |
| Profit (loss) for the period | 9904 | -€55,841 | €541,323 | +€597,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,841 | €541,323 | +€597,165 |
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 31 October 2026 via checked.be.