IMMO MARC: 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 MARC
Largest movements
- Cash +€98,409
up €98,409 (+2472.7%), from €3,980 to €102,388
mainly Net result for the year (+€240,186) and Other debts (+€28,810)
- Receivables within one year +€54,070
up €54,070 (+191.4%), from €28,248 to €82,318
- Tangible fixed assets -€29,094
down €29,094 (-7.8%), from €375,172 to €346,079
of which Land and buildings: -€35,501
- Reserves +€88,520
up €88,520 (+52.1%), from €170,000 to €258,520
of which Distributable reserves: +€88,520
- Other debts +€28,810
up €28,810 (+16.2%), from €177,850 to €206,660
- Tax, wage and social debts +€7,500
new in 2024: €7,500
- Gross operating margin +€320,745
up €320,745 (+2548.8%), from €12,584 to €333,329
- Taxes +€66,023
new in 2024: €66,023
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 | €508,313 | €631,515 | +€123,202 | +24.2% |
| Fixed assets | 21/28 | €475,172 | €446,079 | -€29,094 | -6.1% |
| Tangible fixed assets | 22/27 | €375,172 | €346,079 | -€29,094 | -7.8% |
| Land and buildings | 22 | €374,476 | €338,975 | -€35,501 | -9.5% |
| Plant, machinery and equipment | 23 | €697 | €7,104 | +€6,407 | +919.5% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €33,141 | €185,436 | +€152,295 | +459.5% |
| Amounts receivable within one year | 40/41 | €28,248 | €82,318 | +€54,070 | +191.4% |
| Other amounts receivable | 41 | €28,248 | €82,318 | +€54,070 | +191.4% |
| Cash at bank and in hand | 54/58 | €3,980 | €102,388 | +€98,409 | +2472.7% |
| Deferred charges and accrued income | 490/1 | €913 | €729 | -€183 | -20.1% |
| Total equity and liabilities | 10/49 | €508,313 | €631,515 | +€123,202 | +24.2% |
| Equity | 10/15 | €325,278 | €413,798 | +€88,520 | +27.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €170,000 | €258,520 | +€88,520 | +52.1% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €238,520 | +€88,520 | +59.0% |
| Profit (loss) carried forward | 14 | -€44,722 | -€44,722 | = | 0.0% |
| Amounts payable | 17/49 | €183,035 | €217,716 | +€34,682 | +18.9% |
| Amounts payable after more than one year | 17 | - | €2,122 | +€2,122 | |
| Financial debts | 170/4 | - | €2,122 | +€2,122 | |
| Amounts payable within one year | 42/48 | €183,035 | €215,594 | +€32,559 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €4,386 | €0 | -€4,386 | -100.0% |
| Trade debts | 44 | €799 | €1,435 | +€636 | +79.6% |
| Suppliers | 440/4 | €799 | €1,435 | +€636 | +79.6% |
| Taxes, remuneration and social security | 45 | - | €7,500 | +€7,500 | |
| Taxes | 450/3 | - | €7,500 | +€7,500 | |
| Other amounts payable | 47/48 | €177,850 | €206,660 | +€28,810 | +16.2% |
| Non-recurring operating income | 76A | €0 | €346,498 | +€346,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,662 | €19,582 | -€3,080 | -13.6% |
| Other operating charges | 640/8 | €5,753 | €5,550 | -€202 | -3.5% |
| Gross operating margin | 9900 | €12,584 | €333,329 | +€320,745 | +2548.8% |
| Operating profit (loss) | 9901 | -€15,831 | €308,197 | +€324,028 | |
| Financial income | 75/76B | €12 | €313 | +€301 | +2545.0% |
| Recurring financial income | 75 | €12 | €313 | +€301 | +2545.0% |
| Financial charges | 65/66B | €651 | €2,300 | +€1,650 | +253.6% |
| Recurring financial charges | 65 | €651 | €2,300 | +€1,650 | +253.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,470 | €306,209 | +€322,679 | |
| Income taxes | 67/77 | - | €66,023 | +€66,023 | |
| Profit (loss) for the period | 9904 | -€16,470 | €240,186 | +€256,656 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,470 | €240,186 | +€256,656 |
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 30 September 2026 via checked.be.