IMMO LAMMERTYN: 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.
What changed
IMMO LAMMERTYN
NACE 68.121, Development of residential building projects
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€47,452
2023 · -€59,352+€11,900
Equity
€155,162
2023 · €201,003-€45,841
Cash
-
2023 · €0
Balance sheet total
€3.6m
2023 · €3.7m-€108,490
Largest movements
Assets
- Tangible fixed assets -€177,814
down €177,814 (-4.9%), from €3.7m to €3.5m
- Receivables within one year +€62,835
up €62,835 (+112%), from €56,001 to €118,836
of which Trade receivables: +€62,630
Equity and liabilities
- Trade debts -€201,839
down €201,839 (-95.1%), from €212,220 to €10,381
- Other debts +€129,226
up €129,226 (+464%), from €27,859 to €157,085
- Debts after one year -€58,860
down €58,860 (-1.9%), from €3.1m to €3.0m
- Profit (loss) carried forward -€47,452
down €47,452 (-32.9%), from -€144,171 to -€191,623
Income statement
- Gross operating margin +€43,902
up €43,902 (+22.7%), from €193,053 to €236,955
- Financial charges +€35,507
up €35,507 (+58.4%), from €60,794 to €96,301
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.
Result 2023
-€59,352
Gross operating margin
+€43,902
Depreciation
+€1,611
Other operating charges
+€1,735
Financial income
+€159
Financial charges
-€35,507
Result 2024
-€47,452
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€56,192
Investment
-€1,611
Financing
-€54,581
Cash 2023
€0
From operations (derived)
+€56,192
Net result for the year
-€47,452
Depreciation
+€179,425
Receivables within one year
-€62,835
Deferred charges and accrued income
-€6,488
Trade debts
-€201,839
Tax, wage and social debts
+€31,465
Other debts
+€129,226
Accrued charges and deferred income
+€34,691
Investment (derived)
-€1,611
Investment in fixed assets (net)
-€1,611
Financing
-€54,581
Debts after one year
-€58,860
Current portion of long-term debt
+€2,668
Contributions, distributions and other
+€1,611
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,743,039 | €3,634,549 | -€108,490 | -2.9% |
| Fixed assets | 21/28 | €3,665,799 | €3,487,985 | -€177,814 | -4.9% |
| Tangible fixed assets | 22/27 | €3,665,799 | €3,487,985 | -€177,814 | -4.9% |
| Land and buildings | 22 | €3,665,799 | €3,487,985 | -€177,814 | -4.9% |
| Current assets | 29/58 | €77,241 | €146,564 | +€69,323 | +89.7% |
| Stocks and contracts in progress | 3 | €13,762 | €13,762 | = | 0.0% |
| Stocks | 30/36 | €13,762 | €13,762 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,001 | €118,836 | +€62,835 | +112% |
| Trade receivables | 40 | €7,563 | €70,193 | +€62,630 | +828% |
| Other amounts receivable | 41 | €48,439 | €48,644 | +€205 | +0.4% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €7,477 | €13,966 | +€6,488 | +86.8% |
| Total equity and liabilities | 10/49 | €3,743,039 | €3,634,549 | -€108,490 | -2.9% |
| Equity | 10/15 | €201,003 | €155,162 | -€45,841 | -22.8% |
| Contributions | 10/11 | €204,760 | €204,760 | = | 0.0% |
| Capital | 10 | €204,760 | €204,760 | = | 0.0% |
| Issued capital | 100 | €204,760 | €204,760 | = | 0.0% |
| Revaluation surpluses | 12 | €58,949 | €60,560 | +€1,611 | +2.7% |
| Reserves | 13 | €81,464 | €81,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,476 | €20,476 | = | 0.0% |
| Legal reserve | 130 | €20,476 | €20,476 | = | 0.0% |
| Distributable reserves | 133 | €60,988 | €60,988 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,171 | -€191,623 | -€47,452 | -32.9% |
| Amounts payable | 17/49 | €3,542,036 | €3,479,387 | -€62,649 | -1.8% |
| Amounts payable after more than one year | 17 | €3,083,725 | €3,024,865 | -€58,860 | -1.9% |
| Financial debts | 170/4 | €3,083,725 | €3,024,865 | -€58,860 | -1.9% |
| Amounts payable within one year | 42/48 | €436,266 | €397,786 | -€38,480 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €174,692 | €177,360 | +€2,668 | +1.5% |
| Trade debts | 44 | €212,220 | €10,381 | -€201,839 | -95.1% |
| Suppliers | 440/4 | €212,220 | €10,381 | -€201,839 | -95.1% |
| Taxes, remuneration and social security | 45 | €21,494 | €52,960 | +€31,465 | +146% |
| Taxes | 450/3 | €21,494 | €52,960 | +€31,465 | +146% |
| Other amounts payable | 47/48 | €27,859 | €157,085 | +€129,226 | +464% |
| Accrued charges and deferred income | 492/3 | €22,045 | €56,736 | +€34,691 | +157% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,036 | €179,425 | -€1,611 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €11,865 | €10,130 | -€1,735 | -14.6% |
| Gross operating margin | 9900 | €193,053 | €236,955 | +€43,902 | +22.7% |
| Operating profit (loss) | 9901 | €152 | €47,400 | +€47,248 | +31,062% |
| Financial income | 75/76B | €1,290 | €1,449 | +€159 | +12.3% |
| Recurring financial income | 75 | €1,290 | €1,449 | +€159 | +12.3% |
| Financial charges | 65/66B | €60,794 | €96,301 | +€35,507 | +58.4% |
| Recurring financial charges | 65 | €60,794 | €96,301 | +€35,507 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,352 | -€47,452 | +€11,900 | +20.1% |
| Profit (loss) for the period | 9904 | -€59,352 | -€47,452 | +€11,900 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,352 | -€47,452 | +€11,900 | +20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.