IMMO GRIMMO: 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 GRIMMO
Largest movements
- Cash +€55,356
up €55,356 (+11.4%), from €483,606 to €538,962
mainly Other debts (+€82,222) and Net result for the year (+€66,474)
- Other debts +€82,222
up €82,222 (+963.7%), from €8,532 to €90,754
- Current portion of long-term debt -€74,231
no longer reported in 2024 (was €74,231)
- Reserves +€66,474
up €66,474 (+4.5%), from €1.5m to €1.5m
of which Distributable reserves: +€66,474
- Gross operating margin -€26,283
down €26,283 (-19.4%), from €135,289 to €109,006
- Financial income +€11,370
up €11,370 (+110.3%), from €10,310 to €21,680
- Financial charges +€7,144
up €7,144 (+68362.2%), from €10 to €7,154
- Taxes -€5,948
down €5,948 (-16.1%), from €36,969 to €31,021
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 | €3,097,350 | €3,140,382 | +€43,032 | +1.4% |
| Fixed assets | 21/28 | €2,530,396 | €2,518,038 | -€12,358 | -0.5% |
| Tangible fixed assets | 22/27 | €351,396 | €339,038 | -€12,358 | -3.5% |
| Land and buildings | 22 | €343,482 | €334,501 | -€8,981 | -2.6% |
| Plant, machinery and equipment | 23 | €7,913 | €4,536 | -€3,377 | -42.7% |
| Financial fixed assets | 28 | €2,179,000 | €2,179,000 | = | 0.0% |
| Current assets | 29/58 | €566,955 | €622,344 | +€55,390 | +9.8% |
| Amounts receivable within one year | 40/41 | €83,348 | €83,383 | +€34 | 0.0% |
| Trade receivables | 40 | €58,160 | €58,160 | = | 0.0% |
| Other amounts receivable | 41 | €25,188 | €25,222 | +€34 | +0.1% |
| Cash at bank and in hand | 54/58 | €483,606 | €538,962 | +€55,356 | +11.4% |
| Total equity and liabilities | 10/49 | €3,097,350 | €3,140,382 | +€43,032 | +1.4% |
| Equity | 10/15 | €2,964,722 | €3,031,196 | +€66,474 | +2.2% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €1,464,722 | €1,531,196 | +€66,474 | +4.5% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €1,314,722 | €1,381,196 | +€66,474 | +5.1% |
| Profit (loss) carried forward | 14 | - | -€0 | -€0 | |
| Amounts payable | 17/49 | €132,628 | €109,186 | -€23,442 | -17.7% |
| Amounts payable after more than one year | 17 | €19,725 | - | -€19,725 | |
| Financial debts | 170/4 | €19,725 | - | -€19,725 | |
| Amounts payable within one year | 42/48 | €111,201 | €102,476 | -€8,724 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €74,231 | - | -€74,231 | |
| Trade debts | 44 | €5,230 | €2,453 | -€2,777 | -53.1% |
| Suppliers | 440/4 | €5,230 | €2,453 | -€2,777 | -53.1% |
| Taxes, remuneration and social security | 45 | €23,208 | €9,270 | -€13,938 | -60.1% |
| Taxes | 450/3 | €23,208 | €9,270 | -€13,938 | -60.1% |
| Other amounts payable | 47/48 | €8,532 | €90,754 | +€82,222 | +963.7% |
| Accrued charges and deferred income | 492/3 | €1,702 | €6,710 | +€5,008 | +294.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,908 | €12,358 | -€550 | -4.3% |
| Other operating charges | 640/8 | €13,176 | €13,678 | +€503 | +3.8% |
| Gross operating margin | 9900 | €135,289 | €109,006 | -€26,283 | -19.4% |
| Operating profit (loss) | 9901 | €109,206 | €82,969 | -€26,237 | -24.0% |
| Financial income | 75/76B | €10,310 | €21,680 | +€11,370 | +110.3% |
| Recurring financial income | 75 | €10,310 | €21,680 | +€11,370 | +110.3% |
| Financial charges | 65/66B | €10 | €7,154 | +€7,144 | +68362.2% |
| Recurring financial charges | 65 | €10 | €7,154 | +€7,144 | +68362.2% |
| Profit (loss) for the period before taxes | 9903 | €119,505 | €97,495 | -€22,010 | -18.4% |
| Income taxes | 67/77 | €36,969 | €31,021 | -€5,948 | -16.1% |
| Profit (loss) for the period | 9904 | €82,536 | €66,474 | -€16,062 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,536 | €66,474 | -€16,062 | -19.5% |
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.