Immo - Prim: 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 - Prim
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+10.5%), from €14.0m to €15.4m
of which Land and buildings: +€1.5m
- Cash -€642,600
down €642,600 (-57.3%), from €1.1m to €478,949
mainly Investment in fixed assets (net) (-€2.2m) and Other debts (-€440,824)
- Current investments +€200,000
new in 2024: €200,000
- Debts after one year +€1.3m
up €1.3m (+10.9%), from €12.3m to €13.6m
of which Financial debts: +€1.3m
- Other debts -€440,824
down €440,824 (-96.2%), from €458,015 to €17,191
- Gross operating margin +€240,888
up €240,888 (+20.1%), from €1.2m to €1.4m
- Financial charges +€114,232
up €114,232 (+42.2%), from €270,983 to €385,215
- Taxes +€43,588
up €43,588 (+201.2%), from €21,664 to €65,252
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 | €15,202,104 | €16,151,795 | +€949,691 | +6.2% |
| Fixed assets | 21/28 | €13,975,821 | €15,439,501 | +€1.5m | +10.5% |
| Tangible fixed assets | 22/27 | €13,975,821 | €15,439,501 | +€1.5m | +10.5% |
| Land and buildings | 22 | €13,451,671 | €14,950,926 | +€1.5m | +11.1% |
| Plant, machinery and equipment | 23 | €524,150 | €488,575 | -€35,575 | -6.8% |
| Current assets | 29/58 | €1,226,283 | €712,294 | -€513,989 | -41.9% |
| Amounts receivable within one year | 40/41 | €101,960 | €31,272 | -€70,688 | -69.3% |
| Trade receivables | 40 | €99,514 | €10,313 | -€89,201 | -89.6% |
| Other amounts receivable | 41 | €2,446 | €20,959 | +€18,513 | +756.9% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €1,121,549 | €478,949 | -€642,600 | -57.3% |
| Deferred charges and accrued income | 490/1 | €2,774 | €2,073 | -€701 | -25.3% |
| Total equity and liabilities | 10/49 | €15,202,104 | €16,151,795 | +€949,691 | +6.2% |
| Equity | 10/15 | €1,440,972 | €1,575,401 | +€134,429 | +9.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €1,712,563 | €1,712,563 | = | 0.0% |
| Reserves | 13 | €65,138 | €128,288 | +€63,150 | +96.9% |
| Non-distributable reserves | 130/1 | €6,198 | €6,198 | = | 0.0% |
| Legal reserve | 130 | €6,198 | €6,198 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,940 | €122,090 | +€63,150 | +107.1% |
| Profit (loss) carried forward | 14 | -€398,702 | -€327,423 | +€71,279 | +17.9% |
| Amounts payable | 17/49 | €13,761,132 | €14,576,394 | +€815,262 | +5.9% |
| Amounts payable after more than one year | 17 | €12,267,518 | €13,608,376 | +€1.3m | +10.9% |
| Financial debts | 170/4 | €12,176,407 | €13,490,905 | +€1.3m | +10.8% |
| Other amounts payable | 178/9 | €91,111 | €117,471 | +€26,360 | +28.9% |
| Amounts payable within one year | 42/48 | €1,480,259 | €955,612 | -€524,647 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €853,715 | €883,643 | +€29,928 | +3.5% |
| Trade debts | 44 | €149,555 | €54,778 | -€94,777 | -63.4% |
| Suppliers | 440/4 | €149,555 | €54,778 | -€94,777 | -63.4% |
| Taxes, remuneration and social security | 45 | €18,974 | - | -€18,974 | |
| Taxes | 450/3 | €18,974 | - | -€18,974 | |
| Other amounts payable | 47/48 | €458,015 | €17,191 | -€440,824 | -96.2% |
| Accrued charges and deferred income | 492/3 | €13,355 | €12,406 | -€949 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728,861 | €734,582 | +€5,721 | +0.8% |
| Other operating charges | 640/8 | €116,703 | €127,968 | +€11,265 | +9.7% |
| Gross operating margin | 9900 | €1,198,602 | €1,439,490 | +€240,888 | +20.1% |
| Operating profit (loss) | 9901 | €353,038 | €576,940 | +€223,902 | +63.4% |
| Financial income | 75/76B | €1,321 | €7,956 | +€6,635 | +502.3% |
| Recurring financial income | 75 | €1,321 | €7,956 | +€6,635 | +502.3% |
| Financial charges | 65/66B | €270,983 | €385,215 | +€114,232 | +42.2% |
| Recurring financial charges | 65 | €270,983 | €385,215 | +€114,232 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €83,376 | €199,681 | +€116,305 | +139.5% |
| Income taxes | 67/77 | €21,664 | €65,252 | +€43,588 | +201.2% |
| Profit (loss) for the period | 9904 | €61,712 | €134,429 | +€72,717 | +117.8% |
| Transfer to tax-exempt reserves | 689 | €58,940 | €63,150 | +€4,210 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,772 | €71,279 | +€68,507 | +2471.4% |
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.