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IMMO MAREE: 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.

What changed

IMMO MAREE

BE 0508.503.001
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€46,955
2023 · €7,277+€39,678
Equity
€248,030
2023 · €201,075+€46,955
Cash
€8,247
2023 · €1,211+€7,037
Balance sheet total
€322,648
2023 · €299,823+€22,824

Largest movements

2023 to 2024
Assets
  • Current investments +€180,000

    new in 2024: €180,000

  • Receivables within one year -€124,867

    down €124,867 (-88.7%), from €140,734 to €15,867

  • Receivables after one year -€99,198

    no longer reported in 2024 (was €99,198)

  • Intangible fixed assets +€35,781

    up €35,781 (+99.1%), from €36,121 to €71,902

  • Deferred charges and accrued income +€17,385

    up €17,385 (+1738.5%), from €1,000 to €18,385

Equity and liabilities
  • Reserves +€180,000

    up €180,000 (+9677.4%), from €1,860 to €181,860

  • Profit (loss) carried forward -€133,045

    down €133,045 (-73.7%), from €180,615 to €47,570

  • Other debts -€34,300

    no longer reported in 2024 (was €34,300)

  • Accrued charges and deferred income +€28,895

    up €28,895 (+214.3%), from €13,485 to €42,380

  • Trade debts -€10,081

    down €10,081 (-38.1%), from €26,493 to €16,412

Income statement
  • Turnover -€330,663

    no longer reported in 2024 (was €330,663)

  • Purchases and services +€84,837

    up €84,837 (+27.4%), from €309,896 to €394,733

  • Gross operating margin +€52,506

    up €52,506 (+164.7%), from €31,876 to €84,381

  • Taxes +€15,257

    up €15,257 (+804.1%), from €1,897 to €17,155

  • Other operating charges -€14,909

    down €14,909 (-50.7%), from €29,423 to €14,515

From the 2023 result to the 2024 result

effect on the 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 €7,277
Gross operating margin +€52,506
Depreciation -€354
Other operating charges +€14,909
Financial income -€12,220
Financial charges +€95
Taxes -€15,257
Result 2024 €46,955

Cash bridge derived

cash 2023 to 2024

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 +€234,537
Investment -€227,500
Financing €0
Cash 2023 €1,211
Net result for the year +€46,955
Depreciation +€5,032
Receivables after one year +€99,198
Receivables within one year +€124,867
Deferred charges and accrued income -€17,385
Trade debts -€10,081
Tax, wage and social debts -€8,645
Other debts -€34,300
Accrued charges and deferred income +€28,895
Investment in fixed assets (net) -€47,500
Current investments -€180,000
Cash 2024 €8,247
Every line side by side 47 lines
Line Code 2023 2024 Change %
Total assets 20/58 €299,823 €322,648 +€22,824 +7.6%
Fixed assets 21/28 €57,680 €100,149 +€42,468 +73.6%
Intangible fixed assets 21 €36,121 €71,902 +€35,781 +99.1%
Tangible fixed assets 22/27 €3,160 €2,347 -€813 -25.7%
Furniture and vehicles 24 €3,160 €2,347 -€813 -25.7%
Financial fixed assets 28 €18,400 €25,900 +€7,500 +40.8%
Current assets 29/58 €242,143 €222,499 -€19,644 -8.1%
Amounts receivable after more than one year 29 €99,198 - -€99,198
Trade receivables 290 €99,198 - -€99,198
Amounts receivable within one year 40/41 €140,734 €15,867 -€124,867 -88.7%
Other amounts receivable 41 €140,734 €15,867 -€124,867 -88.7%
Current investments 50/53 - €180,000 +€180,000
Cash at bank and in hand 54/58 €1,211 €8,247 +€7,037 +581.3%
Deferred charges and accrued income 490/1 €1,000 €18,385 +€17,385 +1738.5%
Total equity and liabilities 10/49 €299,823 €322,648 +€22,824 +7.6%
Equity 10/15 €201,075 €248,030 +€46,955 +23.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 €18,600 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €181,860 +€180,000 +9677.4%
Non-distributable reserves 130/1 €1,860 €181,860 +€180,000 +9677.4%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Own shares acquired 1312 - €180,000 +€180,000
Profit (loss) carried forward 14 €180,615 €47,570 -€133,045 -73.7%
Amounts payable 17/49 €98,748 €74,617 -€24,131 -24.4%
Amounts payable within one year 42/48 €85,263 €32,237 -€53,026 -62.2%
Trade debts 44 €26,493 €16,412 -€10,081 -38.1%
Suppliers 440/4 €26,493 €16,412 -€10,081 -38.1%
Taxes, remuneration and social security 45 €24,470 €15,825 -€8,645 -35.3%
Taxes 450/3 €24,470 €15,825 -€8,645 -35.3%
Other amounts payable 47/48 €34,300 - -€34,300
Accrued charges and deferred income 492/3 €13,485 €42,380 +€28,895 +214.3%
Turnover 70 €330,663 - -€330,663
Non-recurring operating income 76A €11,108 €479,114 +€468,006 +4213.1%
Goods, raw materials, services and sundry goods 60/61 €309,896 €394,733 +€84,837 +27.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,677 €5,032 +€354 +7.6%
Other operating charges 640/8 €29,423 €14,515 -€14,909 -50.7%
Gross operating margin 9900 €31,876 €84,381 +€52,506 +164.7%
Operating profit (loss) 9901 -€2,225 €64,835 +€67,060
Financial income 75/76B €12,230 €10 -€12,220 -99.9%
Recurring financial income 75 €12,230 €10 -€12,220 -99.9%
Financial charges 65/66B €830 €735 -€95 -11.5%
Recurring financial charges 65 €830 €735 -€95 -11.5%
Profit (loss) for the period before taxes 9903 €9,175 €64,110 +€54,935 +598.8%
Income taxes 67/77 €1,897 €17,155 +€15,257 +804.1%
Profit (loss) for the period 9904 €7,277 €46,955 +€39,678 +545.2%
Profit (loss) for the period to be appropriated 9905 €7,277 €46,955 +€39,678 +545.2%

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.