IMMO SFO: 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 SFO
Largest movements
- Tangible fixed assets -€9,937
down €9,937 (-4.7%), from €210,618 to €200,681
- Other debts -€5,331
down €5,331 (-2.3%), from €228,172 to €222,841
- Trade debts -€2,606
down €2,606 (-38.6%), from €6,748 to €4,142
- Other operating charges -€900
down €900 (-39.2%), from €2,297 to €1,397
- Depreciation +€799
up €799 (+8.7%), from €9,138 to €9,937
- Gross operating margin -€684
down €684 (-6.1%), from €11,190 to €10,506
- Financial charges +€196
up €196 (+929.0%), from €21 to €217
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €210,618 | €201,636 | -€8,982 | -4.3% |
| Fixed assets | 21/28 | €210,618 | €200,681 | -€9,937 | -4.7% |
| Tangible fixed assets | 22/27 | €210,618 | €200,681 | -€9,937 | -4.7% |
| Land and buildings | 22 | €210,618 | €200,681 | -€9,937 | -4.7% |
| Current assets | 29/58 | - | €955 | +€955 | |
| Deferred charges and accrued income | 490/1 | - | €955 | +€955 | |
| Total equity and liabilities | 10/49 | €210,618 | €201,636 | -€8,982 | -4.3% |
| Equity | 10/15 | -€24,302 | -€25,347 | -€1,045 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €39,008 | €39,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,910 | -€82,955 | -€1,045 | -1.3% |
| Amounts payable | 17/49 | €234,920 | €226,983 | -€7,937 | -3.4% |
| Amounts payable within one year | 42/48 | €234,920 | €226,983 | -€7,937 | -3.4% |
| Trade debts | 44 | €6,748 | €4,142 | -€2,606 | -38.6% |
| Suppliers | 440/4 | €6,748 | €4,142 | -€2,606 | -38.6% |
| Other amounts payable | 47/48 | €228,172 | €222,841 | -€5,331 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,138 | €9,937 | +€799 | +8.7% |
| Other operating charges | 640/8 | €2,297 | €1,397 | -€900 | -39.2% |
| Gross operating margin | 9900 | €11,190 | €10,506 | -€684 | -6.1% |
| Operating profit (loss) | 9901 | -€245 | -€828 | -€583 | -238.1% |
| Financial charges | 65/66B | €21 | €217 | +€196 | +929.0% |
| Recurring financial charges | 65 | €21 | €217 | +€196 | +929.0% |
| Profit (loss) for the period before taxes | 9903 | -€266 | -€1,045 | -€779 | -292.9% |
| Profit (loss) for the period | 9904 | -€266 | -€1,045 | -€779 | -292.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€266 | -€1,045 | -€779 | -292.9% |
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 2 October 2026 via checked.be.