IMMO GP: 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.
IMMO GP
Largest movements
- Stocks and contracts -€200,366
down €200,366 (-48.5%), from €412,866 to €212,500
- Tangible fixed assets -€25,488
down €25,488 (-2.9%), from €879,383 to €853,895
of which Land and buildings: -€13,755
- Receivables within one year +€25,483
up €25,483 (+948%), from €2,688 to €28,171
- Current portion of long-term debt -€154,467
down €154,467 (-54.9%), from €281,439 to €126,972
- Debts after one year -€65,721
down €65,721 (-6.9%), from €950,014 to €884,293
- Profit (loss) carried forward -€41,147
down €41,147 (-18.0%), from -€227,985 to -€269,132
- Revaluation surpluses +€25,603
up €25,603 (+10.2%), from €250,000 to €275,603
- Short-term financial debts +€20,659
new in 2023: €20,659
- Gross operating margin +€15,787
up €15,787 (+56.8%), from €27,814 to €43,601
- Other operating charges +€12,022
up €12,022 (+1,336%), from €900 to €12,922
- Financial charges -€3,399
down €3,399 (-6.8%), from €49,737 to €46,338
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,306,625 | €1,101,043 | -€205,582 | -15.7% |
| Fixed assets | 21/28 | €879,383 | €853,895 | -€25,488 | -2.9% |
| Tangible fixed assets | 22/27 | €879,383 | €853,895 | -€25,488 | -2.9% |
| Land and buildings | 22 | €719,400 | €705,645 | -€13,755 | -1.9% |
| Furniture and vehicles | 24 | €39,500 | €39,500 | = | 0.0% |
| Leasing and similar rights | 25 | €120,483 | €108,750 | -€11,733 | -9.7% |
| Current assets | 29/58 | €427,242 | €247,148 | -€180,094 | -42.2% |
| Stocks and contracts in progress | 3 | €412,866 | €212,500 | -€200,366 | -48.5% |
| Stocks | 30/36 | €412,866 | €212,500 | -€200,366 | -48.5% |
| Amounts receivable within one year | 40/41 | €2,688 | €28,171 | +€25,483 | +948% |
| Other amounts receivable | 41 | €2,688 | €28,171 | +€25,483 | +948% |
| Cash at bank and in hand | 54/58 | €1,444 | €25 | -€1,419 | -98.3% |
| Deferred charges and accrued income | 490/1 | €10,244 | €6,452 | -€3,792 | -37.0% |
| Total equity and liabilities | 10/49 | €1,306,625 | €1,101,043 | -€205,582 | -15.7% |
| Equity | 10/15 | €28,215 | €12,671 | -€15,544 | -55.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €250,000 | €275,603 | +€25,603 | +10.2% |
| Profit (loss) carried forward | 14 | -€227,985 | -€269,132 | -€41,147 | -18.0% |
| Amounts payable | 17/49 | €1,278,410 | €1,088,372 | -€190,038 | -14.9% |
| Amounts payable after more than one year | 17 | €950,014 | €884,293 | -€65,721 | -6.9% |
| Financial debts | 170/4 | €950,014 | €884,293 | -€65,721 | -6.9% |
| Amounts payable within one year | 42/48 | €311,810 | €188,129 | -€123,681 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €281,439 | €126,972 | -€154,467 | -54.9% |
| Financial debts | 43 | - | €20,659 | +€20,659 | |
| Credit institutions | 430/8 | - | €20,659 | +€20,659 | |
| Trade debts | 44 | €13,215 | €24,356 | +€11,141 | +84.3% |
| Suppliers | 440/4 | €13,215 | €24,356 | +€11,141 | +84.3% |
| Other amounts payable | 47/48 | €17,156 | €16,142 | -€1,014 | -5.9% |
| Accrued charges and deferred income | 492/3 | €16,586 | €15,950 | -€636 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,488 | €25,488 | = | 0.0% |
| Other operating charges | 640/8 | €900 | €12,922 | +€12,022 | +1,336% |
| Gross operating margin | 9900 | €27,814 | €43,601 | +€15,787 | +56.8% |
| Operating profit (loss) | 9901 | €1,426 | €5,191 | +€3,765 | +264% |
| Financial charges | 65/66B | €49,737 | €46,338 | -€3,399 | -6.8% |
| Recurring financial charges | 65 | €49,737 | €46,338 | -€3,399 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,311 | -€41,147 | +€7,164 | +14.8% |
| Profit (loss) for the period | 9904 | -€48,311 | -€41,147 | +€7,164 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,311 | -€41,147 | +€7,164 | +14.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.