IMMO LEVENS: 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 LEVENS
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+52.7%), from €2.9m to €4.4m
- Cash -€117,129
down €117,129 (-88.2%), from €132,856 to €15,727
mainly Stocks and contracts (-€1.5m) and Trade debts (-€173,483)
- Receivables within one year +€104,236
up €104,236 (+45.4%), from €229,846 to €334,082
of which Trade receivables: +€215,877
- Debts after one year +€1.1m
up €1.1m (+152.4%), from €709,752 to €1.8m
- Short-term financial debts +€810,000
up €810,000 (+150.7%), from €537,455 to €1.3m
- Trade debts -€173,483
down €173,483 (-35.6%), from €486,709 to €313,226
- Profit (loss) carried forward -€115,890
down €115,890, from €89,434 to -€26,456
- Accrued charges and deferred income -€58,626
no longer reported in 2024 (was €58,626)
- Gross operating margin -€489,117
down €489,117 (-91.0%), from €537,545 to €48,428
- Financial charges -€251,991
down €251,991 (-62.3%), from €404,196 to €152,205
of which Non-recurring financial charges: -€262,808
- Taxes -€40,439
down €40,439 (-98.4%), from €41,114 to €674
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 | €3,258,756 | €4,800,093 | +€1.5m | +47.3% |
| Fixed assets | 21/28 | - | €27,189 | +€27,189 | |
| Tangible fixed assets | 22/27 | - | €27,189 | +€27,189 | |
| Furniture and vehicles | 24 | - | €27,189 | +€27,189 | |
| Current assets | 29/58 | €3,258,756 | €4,772,905 | +€1.5m | +46.5% |
| Stocks and contracts in progress | 3 | €2,896,053 | €4,423,095 | +€1.5m | +52.7% |
| Contracts in progress | 37 | €2,896,053 | €4,423,095 | +€1.5m | +52.7% |
| Amounts receivable within one year | 40/41 | €229,846 | €334,082 | +€104,236 | +45.4% |
| Trade receivables | 40 | €118,082 | €333,959 | +€215,877 | +182.8% |
| Other amounts receivable | 41 | €111,765 | €124 | -€111,641 | -99.9% |
| Cash at bank and in hand | 54/58 | €132,856 | €15,727 | -€117,129 | -88.2% |
| Total equity and liabilities | 10/49 | €3,258,756 | €4,800,093 | +€1.5m | +47.3% |
| Equity | 10/15 | €119,434 | €3,544 | -€115,890 | -97.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,434 | -€26,456 | -€115,890 | |
| Amounts payable | 17/49 | €3,139,322 | €4,796,550 | +€1.7m | +52.8% |
| Amounts payable after more than one year | 17 | €709,752 | €1,791,447 | +€1.1m | +152.4% |
| Financial debts | 170/4 | €709,752 | €1,791,447 | +€1.1m | +152.4% |
| Amounts payable within one year | 42/48 | €2,370,944 | €3,005,103 | +€634,159 | +26.7% |
| Financial debts | 43 | €537,455 | €1,347,455 | +€810,000 | +150.7% |
| Credit institutions | 430/8 | €537,455 | €1,347,455 | +€810,000 | +150.7% |
| Trade debts | 44 | €486,709 | €313,226 | -€173,483 | -35.6% |
| Suppliers | 440/4 | €486,709 | €313,226 | -€173,483 | -35.6% |
| Taxes, remuneration and social security | 45 | €34,580 | €40,481 | +€5,901 | +17.1% |
| Taxes | 450/3 | €34,580 | €40,481 | +€5,901 | +17.1% |
| Other amounts payable | 47/48 | €1,312,199 | €1,303,941 | -€8,258 | -0.6% |
| Accrued charges and deferred income | 492/3 | €58,626 | - | -€58,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,396 | +€4,396 | |
| Other operating charges | 640/8 | €3,538 | €8,425 | +€4,887 | +138.1% |
| Gross operating margin | 9900 | €537,545 | €48,428 | -€489,117 | -91.0% |
| Operating profit (loss) | 9901 | €534,007 | €35,607 | -€498,401 | -93.3% |
| Financial income | 75/76B | €736 | €1,383 | +€647 | +87.8% |
| Recurring financial income | 75 | €736 | €1,383 | +€647 | +87.8% |
| Financial charges | 65/66B | €404,196 | €152,205 | -€251,991 | -62.3% |
| Recurring financial charges | 65 | €141,388 | €152,205 | +€10,817 | +7.7% |
| Non-recurring financial charges | 66B | €262,808 | - | -€262,808 | |
| Profit (loss) for the period before taxes | 9903 | €130,548 | -€115,216 | -€245,763 | |
| Income taxes | 67/77 | €41,114 | €674 | -€40,439 | -98.4% |
| Profit (loss) for the period | 9904 | €89,434 | -€115,890 | -€205,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,434 | -€115,890 | -€205,324 |
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 8 October 2026 via checked.be.