Immo Relemko: 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.
Immo Relemko
Largest movements
- Tangible fixed assets +€322,950
up €322,950 (+65.1%), from €496,050 to €819,000
of which Land and buildings: +€327,950
- Receivables within one year -€21,825
no longer reported in 2024 (was €21,825)
of which Other amounts receivable: -€19,665
- Revaluation surpluses +€313,331
up €313,331 (+153.8%), from €203,680 to €517,011
- Other debts +€69,907
up €69,907 (+25.7%), from €272,091 to €341,999
- Profit (loss) carried forward -€52,911
down €52,911 (-13.3%), from -€398,126 to -€451,037
- Debts after one year -€15,692
down €15,692 (-8.0%), from €197,088 to €181,396
- Current portion of long-term debt -€10,124
down €10,124 (-39.2%), from €25,816 to €15,692
- Depreciation +€11,447
new in 2024: €11,447
- Financial income -€4,999
down €4,999 (-100.0%), from €5,000 to €1
of which Non-recurring financial income: -€5,000
- Gross operating margin +€2,007
up €2,007 (+28.8%), from -€6,961 to -€4,954
- Staff costs +€1,702
up €1,702 (+5.8%), from €29,369 to €31,071
- Other operating charges -€544
down €544 (-51.9%), from €1,047 to €503
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 | €518,497 | €819,836 | +€301,339 | +58.1% |
| Fixed assets | 21/28 | €496,050 | €819,000 | +€322,950 | +65.1% |
| Tangible fixed assets | 22/27 | €496,050 | €819,000 | +€322,950 | +65.1% |
| Land and buildings | 22 | €491,050 | €819,000 | +€327,950 | +66.8% |
| Assets under construction and advance payments | 27 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €22,448 | €836 | -€21,611 | -96.3% |
| Amounts receivable within one year | 40/41 | €21,825 | - | -€21,825 | |
| Trade receivables | 40 | €2,160 | - | -€2,160 | |
| Other amounts receivable | 41 | €19,665 | - | -€19,665 | |
| Cash at bank and in hand | 54/58 | €3 | €268 | +€264 | +7708.2% |
| Deferred charges and accrued income | 490/1 | €619 | €569 | -€51 | -8.2% |
| Total equity and liabilities | 10/49 | €518,497 | €819,836 | +€301,339 | +58.1% |
| Equity | 10/15 | €10,754 | €271,174 | +€260,420 | +2421.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €203,680 | €517,011 | +€313,331 | +153.8% |
| Reserves | 13 | €5,200 | €5,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,200 | €5,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,200 | €5,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€398,126 | -€451,037 | -€52,911 | -13.3% |
| Amounts payable | 17/49 | €507,743 | €548,662 | +€40,919 | +8.1% |
| Amounts payable after more than one year | 17 | €197,088 | €181,396 | -€15,692 | -8.0% |
| Financial debts | 170/4 | €197,088 | €181,396 | -€15,692 | -8.0% |
| Amounts payable within one year | 42/48 | €310,655 | €367,266 | +€56,611 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €25,816 | €15,692 | -€10,124 | -39.2% |
| Trade debts | 44 | €7,808 | €4,155 | -€3,653 | -46.8% |
| Suppliers | 440/4 | €7,808 | €4,155 | -€3,653 | -46.8% |
| Taxes, remuneration and social security | 45 | €4,939 | €5,420 | +€481 | +9.7% |
| Taxes | 450/3 | €166 | €268 | +€102 | +61.5% |
| Remuneration and social security | 454/9 | €4,773 | €5,152 | +€379 | +7.9% |
| Other amounts payable | 47/48 | €272,091 | €341,999 | +€69,907 | +25.7% |
| Remuneration, social security and pensions | 62 | €29,369 | €31,071 | +€1,702 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,447 | +€11,447 | |
| Other operating charges | 640/8 | €1,047 | €503 | -€544 | -51.9% |
| Gross operating margin | 9900 | -€6,961 | -€4,954 | +€2,007 | +28.8% |
| Operating profit (loss) | 9901 | -€37,378 | -€47,975 | -€10,598 | -28.4% |
| Financial income | 75/76B | €5,000 | €1 | -€4,999 | -100.0% |
| Recurring financial income | 75 | €5,000 | €1 | -€4,999 | -100.0% |
| Non-recurring financial income | 76B | €5,000 | - | -€5,000 | |
| Financial charges | 65/66B | €4,969 | €4,877 | -€92 | -1.9% |
| Recurring financial charges | 65 | €4,969 | €4,877 | -€92 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,347 | -€52,852 | -€15,505 | -41.5% |
| Income taxes | 67/77 | €77 | €60 | -€17 | -22.1% |
| Profit (loss) for the period | 9904 | -€37,423 | -€52,911 | -€15,488 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,423 | -€52,911 | -€15,488 | -41.4% |
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 9 October 2026 via checked.be.