IMMO TD: 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 TD
Largest movements
- Tangible fixed assets -€18,521
down €18,521 (-11.7%), from €158,738 to €140,216
of which Plant, machinery and equipment: -€14,919
- Cash -€2,957
down €2,957 (-78.3%), from €3,778 to €821
mainly Net result for the year (-€19,410) and Debts after one year (-€2,769)
- Deferred charges and accrued income +€1,842
new in 2024: €1,842
- Profit (loss) carried forward -€19,410
down €19,410, from €5,074 to -€14,336
- Debts after one year -€2,769
down €2,769 (-2.0%), from €135,161 to €132,392
of which Financial debts: -€2,769
- Trade debts +€2,306
up €2,306 (+311.1%), from €741 to €3,047
- Depreciation -€7,352
down €7,352 (-28.4%), from €25,873 to €18,521
- Gross operating margin -€6,990
down €6,990 (-61.0%), from €11,458 to €4,469
- Other operating charges -€1,327
down €1,327 (-26.4%), from €5,034 to €3,706
- Financial charges -€217
down €217 (-11.6%), from €1,868 to €1,651
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 | €162,516 | €142,879 | -€19,636 | -12.1% |
| Fixed assets | 21/28 | €158,738 | €140,216 | -€18,521 | -11.7% |
| Tangible fixed assets | 22/27 | €158,738 | €140,216 | -€18,521 | -11.7% |
| Land and buildings | 22 | €23,495 | €19,894 | -€3,602 | -15.3% |
| Plant, machinery and equipment | 23 | €135,242 | €120,323 | -€14,919 | -11.0% |
| Current assets | 29/58 | €3,778 | €2,663 | -€1,115 | -29.5% |
| Amounts receivable within one year | 40/41 | €0 | - | -€0 | |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €3,778 | €821 | -€2,957 | -78.3% |
| Deferred charges and accrued income | 490/1 | - | €1,842 | +€1,842 | |
| Total equity and liabilities | 10/49 | €162,516 | €142,879 | -€19,636 | -12.1% |
| Equity | 10/15 | €10,055 | -€9,355 | -€19,410 | |
| Contributions | 10/11 | €4,095 | €4,095 | = | 0.0% |
| Outside capital | 11 | €4,095 | - | -€4,095 | |
| Other | 1109/19 | €4,095 | - | -€4,095 | |
| Reserves | 13 | €886 | €886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €410 | €410 | = | 0.0% |
| Reserves not available under the articles | 1311 | €410 | €410 | = | 0.0% |
| Tax-exempt reserves | 132 | €476 | €476 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,074 | -€14,336 | -€19,410 | |
| Amounts payable | 17/49 | €152,460 | €152,234 | -€226 | -0.1% |
| Amounts payable after more than one year | 17 | €135,161 | €132,392 | -€2,769 | -2.0% |
| Financial debts | 170/4 | €45,161 | €42,392 | -€2,769 | -6.1% |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,164 | €19,714 | +€2,550 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €2,677 | €2,769 | +€92 | +3.4% |
| Trade debts | 44 | €741 | €3,047 | +€2,306 | +311.1% |
| Suppliers | 440/4 | €741 | €3,047 | +€2,306 | +311.1% |
| Other amounts payable | 47/48 | €13,746 | €13,898 | +€152 | +1.1% |
| Accrued charges and deferred income | 492/3 | €135 | €128 | -€8 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,873 | €18,521 | -€7,352 | -28.4% |
| Other operating charges | 640/8 | €5,034 | €3,706 | -€1,327 | -26.4% |
| Gross operating margin | 9900 | €11,458 | €4,469 | -€6,990 | -61.0% |
| Operating profit (loss) | 9901 | -€19,449 | -€17,759 | +€1,690 | +8.7% |
| Financial charges | 65/66B | €1,868 | €1,651 | -€217 | -11.6% |
| Recurring financial charges | 65 | €1,868 | €1,651 | -€217 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,316 | -€19,410 | +€1,906 | +8.9% |
| Profit (loss) for the period | 9904 | -€21,316 | -€19,410 | +€1,906 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,316 | -€19,410 | +€1,906 | +8.9% |
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 30 September 2026 via checked.be.