IMMO LUXUS: 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 LUXUS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€85,149
2023 · €28,100+€57,049
Equity
€957,661
2023 · €872,512+€85,149
Cash
€2,663
2023 · €8,746-€6,083
Balance sheet total
€2.5m
2023 · €2.6m-€92,313
Largest movements
Assets
- Financial fixed assets +€100,000
up €100,000 (+4,000%), from €2,500 to €102,500
- Receivables after one year -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€79,442
down €79,442 (-3.3%), from €2.4m to €2.4m
of which Leasing and similar rights: -€65,000
Equity and liabilities
- Debts after one year -€141,859
down €141,859 (-14.7%), from €965,239 to €823,380
- Reserves +€85,149
up €85,149 (+10.5%), from €810,512 to €895,661
of which Distributable reserves: +€113,182
- Advances received -€41,491
down €41,491 (-100%), from €41,491 to €0
Income statement
- Gross operating margin +€97,445
up €97,445 (+50.3%), from €193,879 to €291,324
- Taxes +€31,165
up €31,165 (+128%), from €24,326 to €55,490
- Other operating charges +€5,524
up €5,524 (+19.9%), from €27,827 to €33,351
- Financial income -€4,229
down €4,229 (-97.3%), from €4,346 to €117
- Financial charges -€4,221
down €4,221 (-16.5%), from €25,552 to €21,331
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
€28,100
Gross operating margin
+€97,445
Staff costs
+€27
Depreciation
-€3,726
Other operating charges
-€5,524
Financial income
-€4,229
Financial charges
+€4,221
Taxes
-€31,165
Result 2024
€85,149
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
+€274,519
Investment
-€131,118
Financing
-€149,485
Cash 2023
€8,746
From operations (derived)
+€274,519
Net result for the year
+€85,149
Depreciation
+€110,560
Receivables after one year
+€100,000
Receivables within one year
+€8,050
Deferred charges and accrued income
-€1,262
Provisions
-€14,441
Trade debts
+€9,491
Tax, wage and social debts
+€5,752
Advances received
-€41,491
Other debts
+€12,713
Investment (derived)
-€131,118
Investment in fixed assets (net)
-€131,118
Financing
-€149,485
Debts after one year
-€141,859
Current portion of long-term debt
-€19,393
Short-term financial debts
+€11,767
Cash 2024
€2,663
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,578,055 | €2,485,742 | -€92,313 | -3.6% |
| Fixed assets | 21/28 | €2,444,733 | €2,465,290 | +€20,558 | +0.8% |
| Tangible fixed assets | 22/27 | €2,442,233 | €2,362,790 | -€79,442 | -3.3% |
| Land and buildings | 22 | €1,596,017 | €1,600,572 | +€4,555 | +0.3% |
| Plant, machinery and equipment | 23 | €118,786 | €105,834 | -€12,952 | -10.9% |
| Furniture and vehicles | 24 | €12,430 | €6,384 | -€6,045 | -48.6% |
| Leasing and similar rights | 25 | €715,000 | €650,000 | -€65,000 | -9.1% |
| Financial fixed assets | 28 | €2,500 | €102,500 | +€100,000 | +4,000% |
| Current assets | 29/58 | €133,323 | €20,452 | -€112,871 | -84.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100% |
| Amounts receivable within one year | 40/41 | €24,091 | €16,041 | -€8,050 | -33.4% |
| Trade receivables | 40 | €24,091 | €14,722 | -€9,369 | -38.9% |
| Other amounts receivable | 41 | €0 | €1,319 | +€1,319 | |
| Cash at bank and in hand | 54/58 | €8,746 | €2,663 | -€6,083 | -69.6% |
| Deferred charges and accrued income | 490/1 | €485 | €1,748 | +€1,262 | +260% |
| Total equity and liabilities | 10/49 | €2,578,055 | €2,485,742 | -€92,313 | -3.6% |
| Equity | 10/15 | €872,512 | €957,661 | +€85,149 | +9.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €810,512 | €895,661 | +€85,149 | +10.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €310,500 | €282,468 | -€28,033 | -9.0% |
| Distributable reserves | 133 | €493,812 | €606,993 | +€113,182 | +22.9% |
| Provisions and deferred taxes | 16 | €159,955 | €145,514 | -€14,441 | -9.0% |
| Deferred taxes | 168 | €159,955 | €145,514 | -€14,441 | -9.0% |
| Amounts payable | 17/49 | €1,545,588 | €1,382,567 | -€163,021 | -10.5% |
| Amounts payable after more than one year | 17 | €965,239 | €823,380 | -€141,859 | -14.7% |
| Financial debts | 170/4 | €965,239 | €823,380 | -€141,859 | -14.7% |
| Amounts payable within one year | 42/48 | €580,349 | €559,187 | -€21,162 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €161,252 | €141,859 | -€19,393 | -12.0% |
| Financial debts | 43 | - | €11,767 | +€11,767 | |
| Credit institutions | 430/8 | - | €11,767 | +€11,767 | |
| Trade debts | 44 | €2,730 | €12,221 | +€9,491 | +348% |
| Suppliers | 440/4 | €2,730 | €12,221 | +€9,491 | +348% |
| Advances received on contracts in progress | 46 | €41,491 | €0 | -€41,491 | -100% |
| Taxes, remuneration and social security | 45 | €24,976 | €30,727 | +€5,752 | +23.0% |
| Taxes | 450/3 | €24,976 | €30,727 | +€5,752 | +23.0% |
| Other amounts payable | 47/48 | €349,900 | €362,612 | +€12,713 | +3.6% |
| Remuneration, social security and pensions | 62 | €27 | €0 | -€27 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,834 | €110,560 | +€3,726 | +3.5% |
| Other operating charges | 640/8 | €27,827 | €33,351 | +€5,524 | +19.9% |
| Gross operating margin | 9900 | €193,879 | €291,324 | +€97,445 | +50.3% |
| Operating profit (loss) | 9901 | €59,191 | €147,413 | +€88,221 | +149% |
| Financial income | 75/76B | €4,346 | €117 | -€4,229 | -97.3% |
| Recurring financial income | 75 | €4,346 | €117 | -€4,229 | -97.3% |
| Financial charges | 65/66B | €25,552 | €21,331 | -€4,221 | -16.5% |
| Recurring financial charges | 65 | €25,552 | €21,331 | -€4,221 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €37,985 | €126,198 | +€88,213 | +232% |
| Transfer from deferred taxes | 780 | €14,441 | €14,441 | = | 0.0% |
| Income taxes | 67/77 | €24,326 | €55,490 | +€31,165 | +128% |
| Profit (loss) for the period | 9904 | €28,100 | €85,149 | +€57,049 | +203% |
| Transfer from tax-exempt reserves | 789 | €28,033 | €28,033 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,133 | €113,182 | +€57,049 | +102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.