IMMO TESSE: 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 TESSE
Largest movements
- Tangible fixed assets +€21,791
up €21,791 (+4.1%), from €532,926 to €554,717
- Cash -€6,242
down €6,242 (-30.8%), from €20,293 to €14,050
mainly Investment in fixed assets (net) (-€38,874) and Debts after one year (-€24,285)
- Other debts +€38,620
up €38,620 (+560.3%), from €6,893 to €45,513
- Debts after one year -€24,285
down €24,285 (-6.2%), from €393,937 to €369,651
- Other operating charges -€70,161
down €70,161 (-94.2%), from €74,503 to €4,342
- Gross operating margin -€4,918
down €4,918 (-12.6%), from €39,172 to €34,254
- Financial charges -€2,081
down €2,081 (-11.4%), from €18,329 to €16,249
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 | €555,259 | €569,650 | +€14,390 | +2.6% |
| Fixed assets | 21/28 | €532,926 | €554,717 | +€21,791 | +4.1% |
| Tangible fixed assets | 22/27 | €532,926 | €554,717 | +€21,791 | +4.1% |
| Land and buildings | 22 | €532,926 | €554,717 | +€21,791 | +4.1% |
| Current assets | 29/58 | €22,333 | €14,933 | -€7,401 | -33.1% |
| Amounts receivable within one year | 40/41 | €1,173 | - | -€1,173 | |
| Trade receivables | 40 | €1,173 | - | -€1,173 | |
| Cash at bank and in hand | 54/58 | €20,293 | €14,050 | -€6,242 | -30.8% |
| Deferred charges and accrued income | 490/1 | €868 | €882 | +€14 | +1.6% |
| Total equity and liabilities | 10/49 | €555,259 | €569,650 | +€14,390 | +2.6% |
| Equity | 10/15 | €129,267 | €125,860 | -€3,406 | -2.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,733 | -€74,140 | -€3,406 | -4.8% |
| Amounts payable | 17/49 | €425,993 | €443,790 | +€17,797 | +4.2% |
| Amounts payable after more than one year | 17 | €393,937 | €369,651 | -€24,285 | -6.2% |
| Financial debts | 170/4 | €393,937 | €369,651 | -€24,285 | -6.2% |
| Amounts payable within one year | 42/48 | €31,186 | €71,207 | +€40,021 | +128.3% |
| Current portion of amounts payable after more than one year | 42 | €23,440 | €24,285 | +€845 | +3.6% |
| Trade debts | 44 | €853 | €1,409 | +€555 | +65.1% |
| Suppliers | 440/4 | €853 | €1,409 | +€555 | +65.1% |
| Other amounts payable | 47/48 | €6,893 | €45,513 | +€38,620 | +560.3% |
| Accrued charges and deferred income | 492/3 | €870 | €2,931 | +€2,061 | +236.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,074 | €17,083 | +€9 | +0.1% |
| Other operating charges | 640/8 | €74,503 | €4,342 | -€70,161 | -94.2% |
| Gross operating margin | 9900 | €39,172 | €34,254 | -€4,918 | -12.6% |
| Operating profit (loss) | 9901 | -€52,404 | €12,829 | +€65,233 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €18,329 | €16,249 | -€2,081 | -11.4% |
| Recurring financial charges | 65 | €18,329 | €16,249 | -€2,081 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€70,733 | -€3,406 | +€67,327 | +95.2% |
| Profit (loss) for the period | 9904 | -€70,733 | -€3,406 | +€67,327 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,733 | -€3,406 | +€67,327 | +95.2% |
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 29 September 2026 via checked.be.