IMMO HELSEN: 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 HELSEN
Largest movements
- Tangible fixed assets -€5,897
down €5,897 (-1.9%), from €311,800 to €305,903
of which Land and buildings: -€11,769
- Debts after one year -€24,580
down €24,580 (-11.7%), from €210,722 to €186,142
- Profit (loss) carried forward +€7,937
up €7,937 (+359.1%), from €2,210 to €10,147
- Trade debts +€6,186
up €6,186 (+25.8%), from €24,002 to €30,188
- Gross operating margin +€7,081
up €7,081 (+27.7%), from €25,571 to €32,652
- Taxes +€1,806
up €1,806 (+166.8%), from €1,083 to €2,889
- Depreciation +€427
up €427 (+2.9%), from €14,932 to €15,359
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.
Cash bridge derived
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 | €317,067 | €307,702 | -€9,365 | -3.0% |
| Fixed assets | 21/28 | €311,800 | €305,903 | -€5,897 | -1.9% |
| Tangible fixed assets | 22/27 | €311,800 | €305,903 | -€5,897 | -1.9% |
| Land and buildings | 22 | €289,344 | €277,574 | -€11,769 | -4.1% |
| Other tangible fixed assets | 26 | €22,456 | €18,867 | -€3,589 | -16.0% |
| Assets under construction and advance payments | 27 | - | €9,462 | +€9,462 | |
| Current assets | 29/58 | €5,267 | €1,799 | -€3,468 | -65.8% |
| Cash at bank and in hand | 54/58 | €1,177 | €49 | -€1,128 | -95.9% |
| Deferred charges and accrued income | 490/1 | €4,090 | €1,751 | -€2,339 | -57.2% |
| Total equity and liabilities | 10/49 | €317,067 | €307,702 | -€9,365 | -3.0% |
| Equity | 10/15 | €8,410 | €16,347 | +€7,937 | +94.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,210 | €10,147 | +€7,937 | +359.1% |
| Amounts payable | 17/49 | €308,657 | €291,355 | -€17,301 | -5.6% |
| Amounts payable after more than one year | 17 | €210,722 | €186,142 | -€24,580 | -11.7% |
| Financial debts | 170/4 | €210,722 | €186,142 | -€24,580 | -11.7% |
| Amounts payable within one year | 42/48 | €97,935 | €105,213 | +€7,278 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €24,105 | €24,580 | +€474 | +2.0% |
| Trade debts | 44 | €24,002 | €30,188 | +€6,186 | +25.8% |
| Suppliers | 440/4 | €24,002 | €30,188 | +€6,186 | +25.8% |
| Taxes, remuneration and social security | 45 | €1,083 | €3,972 | +€2,889 | +266.8% |
| Taxes | 450/3 | €1,083 | €3,972 | +€2,889 | +266.8% |
| Other amounts payable | 47/48 | €48,745 | €46,473 | -€2,271 | -4.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,932 | €15,359 | +€427 | +2.9% |
| Other operating charges | 640/8 | €1,460 | €1,664 | +€204 | +14.0% |
| Gross operating margin | 9900 | €25,571 | €32,652 | +€7,081 | +27.7% |
| Operating profit (loss) | 9901 | €9,180 | €15,629 | +€6,450 | +70.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,121 | €4,803 | -€318 | -6.2% |
| Recurring financial charges | 65 | €5,121 | €4,803 | -€318 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €4,058 | €10,826 | +€6,768 | +166.8% |
| Income taxes | 67/77 | €1,083 | €2,889 | +€1,806 | +166.8% |
| Profit (loss) for the period | 9904 | €2,975 | €7,937 | +€4,962 | +166.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,975 | €7,937 | +€4,962 | +166.8% |
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 9 October 2026 via checked.be.