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 -€62,537
down €62,537 (-4.1%), from €1.5m to €1.5m
of which Land and buildings: -€54,537
- Receivables within one year -€20,095
down €20,095 (-38.2%), from €52,583 to €32,488
of which Trade receivables: -€19,890
- Debts after one year -€66,902
down €66,902 (-8.7%), from €769,243 to €702,341
of which Financial debts: -€66,902
- Gross operating margin +€10,694
up €10,694 (+12.3%), from €86,884 to €97,578
- Depreciation +€3,849
up €3,849 (+6.6%), from €58,688 to €62,537
- Taxes +€3,647
up €3,647, from -€1,989 to €1,659
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 | €1,577,167 | €1,493,767 | -€83,400 | -5.3% |
| Fixed assets | 21/28 | €1,523,767 | €1,461,229 | -€62,537 | -4.1% |
| Tangible fixed assets | 22/27 | €1,523,767 | €1,461,229 | -€62,537 | -4.1% |
| Land and buildings | 22 | €1,474,224 | €1,419,687 | -€54,537 | -3.7% |
| Plant, machinery and equipment | 23 | €49,542 | €41,542 | -€8,000 | -16.1% |
| Current assets | 29/58 | €53,400 | €32,538 | -€20,862 | -39.1% |
| Amounts receivable within one year | 40/41 | €52,583 | €32,488 | -€20,095 | -38.2% |
| Trade receivables | 40 | €43,015 | €23,125 | -€19,890 | -46.2% |
| Other amounts receivable | 41 | €9,568 | €9,363 | -€205 | -2.1% |
| Cash at bank and in hand | 54/58 | €755 | €0 | -€755 | -100.0% |
| Deferred charges and accrued income | 490/1 | €62 | €50 | -€13 | -20.2% |
| Total equity and liabilities | 10/49 | €1,577,167 | €1,493,767 | -€83,400 | -5.3% |
| Equity | 10/15 | €641,716 | €634,354 | -€7,362 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €613,735 | €601,945 | -€11,790 | -1.9% |
| Reserves | 13 | €41,265 | €53,055 | +€11,790 | +28.6% |
| Non-distributable reserves | 130/1 | €41,265 | €53,055 | +€11,790 | +28.6% |
| Reserves not available under the articles | 1311 | €41,265 | €53,055 | +€11,790 | +28.6% |
| Profit (loss) carried forward | 14 | -€31,884 | -€39,246 | -€7,362 | -23.1% |
| Amounts payable | 17/49 | €935,451 | €859,413 | -€76,038 | -8.1% |
| Amounts payable after more than one year | 17 | €769,243 | €702,341 | -€66,902 | -8.7% |
| Financial debts | 170/4 | €762,243 | €695,341 | -€66,902 | -8.8% |
| Other amounts payable | 178/9 | €7,000 | €7,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €166,208 | €157,072 | -€9,136 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €64,736 | €74,146 | +€9,411 | +14.5% |
| Financial debts | 43 | €6,086 | €5 | -€6,081 | -99.9% |
| Credit institutions | 430/8 | €6,086 | €5 | -€6,081 | -99.9% |
| Trade debts | 44 | €57,672 | €52,222 | -€5,450 | -9.5% |
| Suppliers | 440/4 | €57,672 | €52,222 | -€5,450 | -9.5% |
| Taxes, remuneration and social security | 45 | €3,792 | €1,659 | -€2,134 | -56.3% |
| Taxes | 450/3 | €3,792 | €1,659 | -€2,134 | -56.3% |
| Other amounts payable | 47/48 | €33,922 | €29,041 | -€4,882 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,688 | €62,537 | +€3,849 | +6.6% |
| Other operating charges | 640/8 | €15,951 | €16,575 | +€624 | +3.9% |
| Gross operating margin | 9900 | €86,884 | €97,578 | +€10,694 | +12.3% |
| Operating profit (loss) | 9901 | €12,245 | €18,465 | +€6,220 | +50.8% |
| Financial charges | 65/66B | €24,020 | €24,168 | +€148 | +0.6% |
| Recurring financial charges | 65 | €24,020 | €24,168 | +€148 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,775 | -€5,703 | +€6,072 | +51.6% |
| Income taxes | 67/77 | -€1,989 | €1,659 | +€3,647 | |
| Profit (loss) for the period | 9904 | -€9,786 | -€7,362 | +€2,425 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,786 | -€7,362 | +€2,425 | +24.8% |
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 5 October 2026 via checked.be.