IMMO G: 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 G
Largest movements
- Tangible fixed assets -€49,478
down €49,478 (-7.5%), from €656,297 to €606,819
- Cash +€46,291
up €46,291 (+873.2%), from €5,301 to €51,592
mainly Depreciation (+€49,478) and Tax, wage and social debts (+€11,229)
- Tax, wage and social debts +€11,229
up €11,229 (+89.3%), from €12,581 to €23,810
- Trade debts -€8,046
no longer reported in 2024 (was €8,046)
- Provisions -€7,076
down €7,076 (-15.3%), from €46,194 to €39,119
- Gross operating margin -€5,954
down €5,954 (-8.9%), from €67,042 to €61,088
- Financial charges -€1,640
down €1,640 (-95.4%), from €1,719 to €79
- Taxes -€1,352
down €1,352 (-10.7%), from €12,581 to €11,229
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 | €697,087 | €693,899 | -€3,188 | -0.5% |
| Fixed assets | 21/28 | €656,581 | €607,103 | -€49,478 | -7.5% |
| Tangible fixed assets | 22/27 | €656,297 | €606,819 | -€49,478 | -7.5% |
| Land and buildings | 22 | €656,297 | €606,819 | -€49,478 | -7.5% |
| Financial fixed assets | 28 | €284 | €284 | = | 0.0% |
| Current assets | 29/58 | €40,506 | €86,797 | +€46,291 | +114.3% |
| Amounts receivable within one year | 40/41 | €35,204 | €35,204 | = | 0.0% |
| Other amounts receivable | 41 | €35,204 | €35,204 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,301 | €51,592 | +€46,291 | +873.2% |
| Total equity and liabilities | 10/49 | €697,087 | €693,899 | -€3,188 | -0.5% |
| Equity | 10/15 | €630,266 | €630,970 | +€704 | +0.1% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €170,023 | €170,726 | +€703 | +0.4% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €138,583 | €117,356 | -€21,227 | -15.3% |
| Distributable reserves | 133 | €25,140 | €47,070 | +€21,930 | +87.2% |
| Profit (loss) carried forward | 14 | €397,243 | €397,244 | +€1 | 0.0% |
| Provisions and deferred taxes | 16 | €46,194 | €39,119 | -€7,076 | -15.3% |
| Deferred taxes | 168 | €46,194 | €39,119 | -€7,076 | -15.3% |
| Amounts payable | 17/49 | €20,627 | €23,810 | +€3,184 | +15.4% |
| Amounts payable within one year | 42/48 | €20,627 | €23,810 | +€3,184 | +15.4% |
| Trade debts | 44 | €8,046 | - | -€8,046 | |
| Suppliers | 440/4 | €8,046 | - | -€8,046 | |
| Taxes, remuneration and social security | 45 | €12,581 | €23,810 | +€11,229 | +89.3% |
| Taxes | 450/3 | €12,581 | €23,810 | +€11,229 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,478 | €49,478 | = | 0.0% |
| Other operating charges | 640/8 | €6,425 | €6,673 | +€248 | +3.9% |
| Gross operating margin | 9900 | €67,042 | €61,088 | -€5,954 | -8.9% |
| Operating profit (loss) | 9901 | €11,138 | €4,936 | -€6,202 | -55.7% |
| Financial charges | 65/66B | €1,719 | €79 | -€1,640 | -95.4% |
| Recurring financial charges | 65 | €1,719 | €79 | -€1,640 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | €9,419 | €4,858 | -€4,561 | -48.4% |
| Transfer from deferred taxes | 780 | €7,076 | €7,076 | = | 0.0% |
| Income taxes | 67/77 | €12,581 | €11,229 | -€1,352 | -10.7% |
| Profit (loss) for the period | 9904 | €3,914 | €704 | -€3,210 | -82.0% |
| Transfer from tax-exempt reserves | 789 | €21,227 | €21,227 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,141 | €21,931 | -€3,210 | -12.8% |
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 2 October 2026 via checked.be.