IMMO SCARCEZ: 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 SCARCEZ
Largest movements
- Current investments +€23,654
new in 2024: €23,654
- Cash -€15,828
down €15,828 (-97.5%), from €16,228 to €401
mainly Current investments (-€23,654) and Net result for the year (-€1,596)
- Tangible fixed assets -€7,763
down €7,763 (-6.3%), from €122,316 to €114,554
- Trade debts +€1,660
new in 2024: €1,660
- Profit (loss) carried forward -€1,596
down €1,596 (-40.2%), from -€3,973 to -€5,569
- Gross operating margin +€4,507
up €4,507 (+144%), from €3,126 to €7,632
- Other operating charges +€1,763
new in 2024: €1,763
- Depreciation +€701
up €701 (+9.9%), from €7,062 to €7,763
- Financial income +€510
new in 2024: €510
- Taxes +€153
new in 2024: €153
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,544 | €138,609 | +€64 | 0.0% |
| Fixed assets | 21/28 | €122,316 | €114,554 | -€7,763 | -6.3% |
| Tangible fixed assets | 22/27 | €122,316 | €114,554 | -€7,763 | -6.3% |
| Land and buildings | 22 | €122,316 | €114,554 | -€7,763 | -6.3% |
| Current assets | 29/58 | €16,228 | €24,055 | +€7,827 | +48.2% |
| Current investments | 50/53 | - | €23,654 | +€23,654 | |
| Cash at bank and in hand | 54/58 | €16,228 | €401 | -€15,828 | -97.5% |
| Total equity and liabilities | 10/49 | €138,544 | €138,609 | +€64 | 0.0% |
| Equity | 10/15 | €6,027 | €4,431 | -€1,596 | -26.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,973 | -€5,569 | -€1,596 | -40.2% |
| Amounts payable | 17/49 | €132,518 | €134,178 | +€1,660 | +1.3% |
| Amounts payable within one year | 42/48 | €132,518 | €134,178 | +€1,660 | +1.3% |
| Trade debts | 44 | - | €1,660 | +€1,660 | |
| Suppliers | 440/4 | - | €1,660 | +€1,660 | |
| Other amounts payable | 47/48 | €132,518 | €132,518 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,062 | €7,763 | +€701 | +9.9% |
| Other operating charges | 640/8 | - | €1,763 | +€1,763 | |
| Gross operating margin | 9900 | €3,126 | €7,632 | +€4,507 | +144% |
| Operating profit (loss) | 9901 | -€3,936 | -€1,894 | +€2,042 | +51.9% |
| Financial income | 75/76B | - | €510 | +€510 | |
| Recurring financial income | 75 | - | €510 | +€510 | |
| Financial charges | 65/66B | €38 | €59 | +€22 | +57.3% |
| Recurring financial charges | 65 | €38 | €59 | +€22 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,973 | -€1,443 | +€2,530 | +63.7% |
| Income taxes | 67/77 | - | €153 | +€153 | |
| Profit (loss) for the period | 9904 | -€3,973 | -€1,596 | +€2,377 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,973 | -€1,596 | +€2,377 | +59.8% |
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 19 October 2026 via checked.be.