IMMO GROOTLO: 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 GROOTLO
Largest movements
- Tangible fixed assets -€34,875
down €34,875 (-4.2%), from €825,003 to €790,128
- Debts after one year -€56,250
down €56,250 (-100.0%), from €56,250 to €0
- Profit (loss) carried forward +€41,491
up €41,491 (+23.6%), from €175,543 to €217,035
- Revaluation surpluses -€30,783
down €30,783 (-4.5%), from €689,510 to €658,726
- Reserves +€30,783
up €30,783 (+15.4%), from €200,522 to €231,306
- Gross operating margin -€8,272
down €8,272 (-7.3%), from €113,523 to €105,251
- Financial charges -€2,750
down €2,750 (-38.5%), from €7,144 to €4,394
- Taxes -€1,852
down €1,852 (-11.5%), from €16,074 to €14,222
- Other operating charges +€1,360
up €1,360 (+15.3%), from €8,910 to €10,270
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 | €1,220,054 | €1,200,517 | -€19,537 | -1.6% |
| Fixed assets | 21/28 | €825,003 | €790,128 | -€34,875 | -4.2% |
| Tangible fixed assets | 22/27 | €825,003 | €790,128 | -€34,875 | -4.2% |
| Land and buildings | 22 | €825,003 | €790,128 | -€34,875 | -4.2% |
| Current assets | 29/58 | €395,051 | €410,389 | +€15,338 | +3.9% |
| Amounts receivable within one year | 40/41 | €377,670 | €378,658 | +€989 | +0.3% |
| Trade receivables | 40 | €1,046 | €256 | -€789 | -75.5% |
| Other amounts receivable | 41 | €376,624 | €378,402 | +€1,778 | +0.5% |
| Cash at bank and in hand | 54/58 | €17,381 | €27,551 | +€10,170 | +58.5% |
| Deferred charges and accrued income | 490/1 | - | €4,179 | +€4,179 | |
| Total equity and liabilities | 10/49 | €1,220,054 | €1,200,517 | -€19,537 | -1.6% |
| Equity | 10/15 | €1,097,616 | €1,139,107 | +€41,491 | +3.8% |
| Contributions | 10/11 | €32,041 | €32,041 | = | 0.0% |
| Revaluation surpluses | 12 | €689,510 | €658,726 | -€30,783 | -4.5% |
| Reserves | 13 | €200,522 | €231,306 | +€30,783 | +15.4% |
| Distributable reserves | 133 | €200,522 | €231,306 | +€30,783 | +15.4% |
| Profit (loss) carried forward | 14 | €175,543 | €217,035 | +€41,491 | +23.6% |
| Amounts payable | 17/49 | €122,437 | €61,409 | -€61,028 | -49.8% |
| Amounts payable after more than one year | 17 | €56,250 | €0 | -€56,250 | -100.0% |
| Financial debts | 170/4 | €56,250 | €0 | -€56,250 | -100.0% |
| Amounts payable within one year | 42/48 | €66,187 | €61,409 | -€4,778 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €64,772 | €56,250 | -€8,522 | -13.2% |
| Trade debts | 44 | €740 | €4,558 | +€3,818 | +515.8% |
| Suppliers | 440/4 | €740 | €4,558 | +€3,818 | +515.8% |
| Taxes, remuneration and social security | 45 | €74 | €0 | -€74 | -100.0% |
| Taxes | 450/3 | €74 | €0 | -€74 | -100.0% |
| Other amounts payable | 47/48 | €602 | €602 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,542 | €34,875 | +€332 | +1.0% |
| Other operating charges | 640/8 | €8,910 | €10,270 | +€1,360 | +15.3% |
| Gross operating margin | 9900 | €113,523 | €105,251 | -€8,272 | -7.3% |
| Operating profit (loss) | 9901 | €70,071 | €60,107 | -€9,964 | -14.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,144 | €4,394 | -€2,750 | -38.5% |
| Recurring financial charges | 65 | €7,144 | €4,394 | -€2,750 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €62,927 | €55,713 | -€7,214 | -11.5% |
| Income taxes | 67/77 | €16,074 | €14,222 | -€1,852 | -11.5% |
| Profit (loss) for the period | 9904 | €46,853 | €41,491 | -€5,362 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,853 | €41,491 | -€5,362 | -11.4% |
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 1 October 2026 via checked.be.