IMMO FRERI: 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 FRERI
Largest movements
- Tangible fixed assets -€26,065
down €26,065 (-3.5%), from €738,695 to €712,630
of which Land and buildings: -€25,308
- Receivables within one year +€21,583
up €21,583 (+48.5%), from €44,535 to €66,118
No liability line moved by more than 1% of the balance sheet total.
- Taxes +€8,990
up €8,990 (+5618.8%), from €160 to €9,150
- Gross operating margin +€3,893
up €3,893 (+8.4%), from €46,350 to €50,243
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 | €985,156 | €984,542 | -€614 | -0.1% |
| Fixed assets | 21/28 | €738,695 | €712,630 | -€26,065 | -3.5% |
| Tangible fixed assets | 22/27 | €738,695 | €712,630 | -€26,065 | -3.5% |
| Land and buildings | 22 | €732,228 | €706,920 | -€25,308 | -3.5% |
| Plant, machinery and equipment | 23 | €6,467 | €5,710 | -€757 | -11.7% |
| Current assets | 29/58 | €246,461 | €271,912 | +€25,451 | +10.3% |
| Amounts receivable within one year | 40/41 | €44,535 | €66,118 | +€21,583 | +48.5% |
| Other amounts receivable | 41 | €44,535 | €66,118 | +€21,583 | +48.5% |
| Cash at bank and in hand | 54/58 | €201,926 | €205,794 | +€3,868 | +1.9% |
| Total equity and liabilities | 10/49 | €985,156 | €984,542 | -€614 | -0.1% |
| Equity | 10/15 | €968,012 | €968,705 | +€693 | +0.1% |
| Contributions | 10/11 | €960,000 | €960,000 | = | 0.0% |
| Capital | 10 | €960,000 | €960,000 | = | 0.0% |
| Issued capital | 100 | €960,000 | €960,000 | = | 0.0% |
| Reserves | 13 | €5,939 | €5,939 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,939 | €5,939 | = | 0.0% |
| Legal reserve | 130 | €5,939 | €5,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,073 | €2,766 | +€693 | +33.4% |
| Amounts payable | 17/49 | €17,144 | €15,837 | -€1,307 | -7.6% |
| Amounts payable within one year | 42/48 | €17,143 | €15,837 | -€1,306 | -7.6% |
| Trade debts | 44 | - | €4,837 | +€4,837 | |
| Suppliers | 440/4 | - | €4,837 | +€4,837 | |
| Other amounts payable | 47/48 | €17,143 | €11,000 | -€6,143 | -35.8% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,065 | €26,065 | = | 0.0% |
| Other operating charges | 640/8 | €4,648 | €4,837 | +€189 | +4.1% |
| Gross operating margin | 9900 | €46,350 | €50,243 | +€3,893 | +8.4% |
| Operating profit (loss) | 9901 | €15,637 | €19,341 | +€3,704 | +23.7% |
| Financial income | 75/76B | €1,834 | €1,583 | -€251 | -13.7% |
| Recurring financial income | 75 | €1,834 | €1,583 | -€251 | -13.7% |
| Financial charges | 65/66B | €61 | €81 | +€20 | +32.8% |
| Recurring financial charges | 65 | €61 | €81 | +€20 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €17,410 | €20,843 | +€3,433 | +19.7% |
| Income taxes | 67/77 | €160 | €9,150 | +€8,990 | +5618.8% |
| Profit (loss) for the period | 9904 | €17,250 | €11,693 | -€5,557 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,250 | €11,693 | -€5,557 | -32.2% |
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 8 October 2026 via checked.be.