IMMO - SEVEN: 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 - SEVEN
Largest movements
- Tangible fixed assets -€309,465
down €309,465 (-56.8%), from €544,470 to €235,005
- Receivables within one year +€240,602
up €240,602 (+165.3%), from €145,530 to €386,132
of which Other amounts receivable: +€168,474
- Cash +€15,025
up €15,025 (+227.6%), from €6,602 to €21,627
- Reserves +€394,793
up €394,793 (+392.8%), from €100,511 to €495,304
of which Tax-exempt reserves: +€394,793
- Debts after one year -€329,822
no longer reported in 2023 (was €329,822)
- Provisions +€131,598
new in 2023: €131,598
- Profit (loss) carried forward -€119,366
down €119,366 (-461.7%), from -€25,854 to -€145,220
- Trade debts -€94,022
down €94,022 (-79.5%), from €118,290 to €24,268
- Gross operating margin -€54,820
down €54,820, from €28,168 to -€26,653
- Depreciation -€21,197
down €21,197 (-49.4%), from €42,929 to €21,732
- Financial charges -€11,119
down €11,119 (-97.7%), from €11,377 to €258
- Financial income -€3,108
down €3,108 (-71.6%), from €4,339 to €1,231
- Other operating charges +€2,695
up €2,695 (+47.5%), from €5,669 to €8,365
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,602 | €650,014 | -€46,587 | -6.7% |
| Fixed assets | 21/28 | €544,470 | €235,005 | -€309,465 | -56.8% |
| Tangible fixed assets | 22/27 | €544,470 | €235,005 | -€309,465 | -56.8% |
| Land and buildings | 22 | €95,421 | €29,400 | -€66,021 | -69.2% |
| Plant, machinery and equipment | 23 | €288,862 | €186,564 | -€102,298 | -35.4% |
| Furniture and vehicles | 24 | €160,187 | €19,041 | -€141,146 | -88.1% |
| Current assets | 29/58 | €152,132 | €415,009 | +€262,877 | +172.8% |
| Stocks and contracts in progress | 3 | - | €6,818 | +€6,818 | |
| Stocks | 30/36 | - | €6,818 | +€6,818 | |
| Amounts receivable within one year | 40/41 | €145,530 | €386,132 | +€240,602 | +165.3% |
| Trade receivables | 40 | €877 | €73,005 | +€72,128 | +8222.0% |
| Other amounts receivable | 41 | €144,653 | €313,127 | +€168,474 | +116.5% |
| Cash at bank and in hand | 54/58 | €6,602 | €21,627 | +€15,025 | +227.6% |
| Deferred charges and accrued income | 490/1 | - | €432 | +€432 | |
| Total equity and liabilities | 10/49 | €696,602 | €650,014 | -€46,587 | -6.7% |
| Equity | 10/15 | €136,630 | €412,057 | +€275,427 | +201.6% |
| 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% |
| Reserves | 13 | €100,511 | €495,304 | +€394,793 | +392.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €394,793 | +€394,793 | |
| Distributable reserves | 133 | €94,313 | €94,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,854 | -€145,220 | -€119,366 | -461.7% |
| Provisions and deferred taxes | 16 | - | €131,598 | +€131,598 | |
| Deferred taxes | 168 | - | €131,598 | +€131,598 | |
| Amounts payable | 17/49 | €559,971 | €106,359 | -€453,612 | -81.0% |
| Amounts payable after more than one year | 17 | €329,822 | - | -€329,822 | |
| Financial debts | 170/4 | €329,822 | - | -€329,822 | |
| Amounts payable within one year | 42/48 | €229,272 | €106,359 | -€122,913 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €40,116 | - | -€40,116 | |
| Trade debts | 44 | €118,290 | €24,268 | -€94,022 | -79.5% |
| Suppliers | 440/4 | €118,290 | €24,268 | -€94,022 | -79.5% |
| Taxes, remuneration and social security | 45 | €70,866 | €74,043 | +€3,178 | +4.5% |
| Taxes | 450/3 | €70,866 | €74,043 | +€3,178 | +4.5% |
| Other amounts payable | 47/48 | - | €8,048 | +€8,048 | |
| Accrued charges and deferred income | 492/3 | €877 | - | -€877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,929 | €21,732 | -€21,197 | -49.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,705 | +€1,705 | |
| Other operating charges | 640/8 | €5,669 | €8,365 | +€2,695 | +47.5% |
| Gross operating margin | 9900 | €28,168 | -€26,653 | -€54,820 | |
| Operating profit (loss) | 9901 | -€20,431 | -€58,454 | -€38,023 | -186.1% |
| Financial income | 75/76B | €4,339 | €1,231 | -€3,108 | -71.6% |
| Recurring financial income | 75 | €4,339 | €1,231 | -€3,108 | -71.6% |
| Financial charges | 65/66B | €11,377 | €258 | -€11,119 | -97.7% |
| Recurring financial charges | 65 | €11,377 | €258 | -€11,119 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,469 | -€57,481 | -€30,012 | -109.3% |
| Income taxes | 67/77 | - | €247 | +€247 | |
| Profit (loss) for the period | 9904 | -€27,469 | -€57,728 | -€30,259 | -110.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,469 | -€57,728 | -€30,259 | -110.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.