IMMO - SARAZINS: 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 - SARAZINS
NACE 41.001, General construction of residential buildings
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€8,586
2023 · €1,367-€9,953
Equity
€315,075
2023 · €323,660-€8,586
Cash
€17,011
2023 · €17,011
Balance sheet total
€860,777
2023 · €854,305+€6,472
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Accrued charges and deferred income +€57,749
up €57,749 (+2,372%), from €2,434 to €60,183
- Trade debts -€39,524
down €39,524 (-100%), from €39,524 to €0
Income statement
- Gross operating margin -€67,654
down €67,654, from €59,069 to -€8,586
- Depreciation -€34,698
no longer reported in 2024 (was €34,698)
- Financial charges -€17,431
no longer reported in 2024 (was €17,431)
- Other operating charges -€5,027
no longer reported in 2024 (was €5,027)
- Taxes -€1,105
no longer reported in 2024 (was €1,105)
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
€1,367
Gross operating margin
-€67,654
Depreciation
+€34,698
Other operating charges
+€5,027
Financial income
-€4
Financial charges
+€17,431
Taxes
+€1,105
Deferred taxes and other
-€556
Result 2024
-€8,586
raises the resultlowers the resultnot broken down further in the accounts
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
+€5,317
Investment
-€2,149
Financing
-€3,168
Cash 2023
€17,011
From operations (derived)
+€5,317
Net result for the year
-€8,586
Receivables within one year
-€4,323
Trade debts
-€39,524
Accrued charges and deferred income
+€57,749
Investment (derived)
-€2,149
Investment in fixed assets (net)
-€2,149
Financing
-€3,168
Debts after one year
-€3,168
Cash 2024
€17,011
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €854,305 | €860,777 | +€6,472 | +0.8% |
| Fixed assets | 21/28 | €819,284 | €821,433 | +€2,149 | +0.3% |
| Tangible fixed assets | 22/27 | €819,284 | €821,433 | +€2,149 | +0.3% |
| Land and buildings | 22 | €818,094 | €818,094 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €2,149 | +€2,149 | |
| Furniture and vehicles | 24 | €1,189 | €1,189 | = | 0.0% |
| Current assets | 29/58 | €35,021 | €39,344 | +€4,323 | +12.3% |
| Amounts receivable within one year | 40/41 | €9,950 | €14,273 | +€4,323 | +43.4% |
| Trade receivables | 40 | €9,950 | €9,950 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €4,323 | +€4,323 | |
| Cash at bank and in hand | 54/58 | €17,011 | €17,011 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €8,060 | €8,060 | = | 0.0% |
| Total equity and liabilities | 10/49 | €854,305 | €860,777 | +€6,472 | +0.8% |
| Equity | 10/15 | €323,660 | €315,075 | -€8,586 | -2.7% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | - | -€62,100 | |
| Issued capital | 100 | €62,100 | - | -€62,100 | |
| Revaluation surpluses | 12 | €135,570 | €135,570 | = | 0.0% |
| Reserves | 13 | €53,793 | €53,793 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,210 | €6,210 | = | 0.0% |
| Legal reserve | 130 | €6,210 | - | -€6,210 | |
| Reserves not available under the articles | 1311 | - | €6,210 | +€6,210 | |
| Tax-exempt reserves | 132 | €47,583 | €47,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,197 | €63,612 | -€8,586 | -11.9% |
| Provisions and deferred taxes | 16 | €13,943 | €13,943 | = | 0.0% |
| Deferred taxes | 168 | €13,943 | €13,943 | = | 0.0% |
| Amounts payable | 17/49 | €516,702 | €531,760 | +€15,058 | +2.9% |
| Amounts payable after more than one year | 17 | €453,939 | €450,771 | -€3,168 | -0.7% |
| Financial debts | 170/4 | €450,771 | €450,771 | = | 0.0% |
| Other amounts payable | 178/9 | €3,168 | - | -€3,168 | |
| Amounts payable within one year | 42/48 | €60,329 | €20,805 | -€39,524 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €19,284 | €19,284 | = | 0.0% |
| Trade debts | 44 | €39,524 | €0 | -€39,524 | -100% |
| Suppliers | 440/4 | €39,524 | €0 | -€39,524 | -100% |
| Taxes, remuneration and social security | 45 | €1,521 | €1,521 | = | 0.0% |
| Taxes | 450/3 | €1,421 | €1,421 | = | 0.0% |
| Remuneration and social security | 454/9 | €100 | €100 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,434 | €60,183 | +€57,749 | +2,372% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,698 | - | -€34,698 | |
| Other operating charges | 640/8 | €5,027 | - | -€5,027 | |
| Gross operating margin | 9900 | €59,069 | -€8,586 | -€67,654 | |
| Operating profit (loss) | 9901 | €19,343 | -€8,586 | -€27,929 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €17,431 | - | -€17,431 | |
| Recurring financial charges | 65 | €17,431 | - | -€17,431 | |
| Profit (loss) for the period before taxes | 9903 | €1,916 | -€8,586 | -€10,502 | |
| Transfer from deferred taxes | 780 | €556 | - | -€556 | |
| Income taxes | 67/77 | €1,105 | - | -€1,105 | |
| Profit (loss) for the period | 9904 | €1,367 | -€8,586 | -€9,953 | |
| Transfer from tax-exempt reserves | 789 | €1,668 | - | -€1,668 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,036 | -€8,586 | -€11,621 |
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 23 October 2026 via checked.be.