IMMO TIROU: 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 TIROU
Largest movements
- Cash +€19,993
up €19,993 (+76.1%), from €26,286 to €46,278
mainly Debts after one year (+€126,355) and Net result for the year (+€72,830)
- Receivables after one year -€5,810
down €5,810 (-26.3%), from €22,051 to €16,241
- Receivables within one year +€3,091
up €3,091 (+41.2%), from €7,509 to €10,600
of which Other amounts receivable: +€10,600
- Deferred charges and accrued income +€1,792
up €1,792 (+780%), from €230 to €2,022
- Tangible fixed assets -€1,758
down €1,758 (-71.5%), from €2,457 to €699
of which Other tangible fixed assets: -€1,251
- Tax, wage and social debts -€144,237
down €144,237 (-65.9%), from €218,728 to €74,490
of which Taxes: -€120,265
- Debts after one year +€126,355
up €126,355 (+226%), from €55,919 to €182,274
- Profit (loss) carried forward +€72,830
up €72,830 (+19.0%), from -€382,490 to -€309,660
- Current portion of long-term debt -€15,827
no longer reported in 2024 (was €15,827)
- Trade debts -€14,035
down €14,035 (-27.4%), from €51,262 to €37,227
- Gross operating margin +€80,738
up €80,738 (+331%), from €24,378 to €105,116
- Staff costs -€36,807
down €36,807 (-59.7%), from €61,637 to €24,830
- Financial charges -€1,478
down €1,478 (-23.2%), from €6,360 to €4,883
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 | €91,390 | €108,391 | +€17,001 | +18.6% |
| Fixed assets | 21/28 | €35,315 | €33,249 | -€2,065 | -5.8% |
| Tangible fixed assets | 22/27 | €2,457 | €699 | -€1,758 | -71.5% |
| Furniture and vehicles | 24 | €653 | €146 | -€507 | -77.7% |
| Other tangible fixed assets | 26 | €1,805 | €554 | -€1,251 | -69.3% |
| Financial fixed assets | 28 | €32,857 | €32,550 | -€307 | -0.9% |
| Current assets | 29/58 | €56,076 | €75,142 | +€19,066 | +34.0% |
| Amounts receivable after more than one year | 29 | €22,051 | €16,241 | -€5,810 | -26.3% |
| Other amounts receivable | 291 | €22,051 | €16,241 | -€5,810 | -26.3% |
| Amounts receivable within one year | 40/41 | €7,509 | €10,600 | +€3,091 | +41.2% |
| Trade receivables | 40 | €7,509 | - | -€7,509 | |
| Other amounts receivable | 41 | - | €10,600 | +€10,600 | |
| Cash at bank and in hand | 54/58 | €26,286 | €46,278 | +€19,993 | +76.1% |
| Deferred charges and accrued income | 490/1 | €230 | €2,022 | +€1,792 | +780% |
| Total equity and liabilities | 10/49 | €91,390 | €108,391 | +€17,001 | +18.6% |
| Equity | 10/15 | -€355,204 | -€282,374 | +€72,830 | +20.5% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Contributions outside capital | 11 | €27,000 | €27,000 | = | 0.0% |
| Other | 1109/19 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €286 | €286 | = | 0.0% |
| Non-distributable reserves | 130/1 | €286 | €286 | = | 0.0% |
| Reserves not available under the articles | 1311 | €286 | €286 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,490 | -€309,660 | +€72,830 | +19.0% |
| Amounts payable | 17/49 | €446,594 | €390,765 | -€55,829 | -12.5% |
| Amounts payable after more than one year | 17 | €55,919 | €182,274 | +€126,355 | +226% |
| Financial debts | 170/4 | €55,919 | €182,274 | +€126,355 | +226% |
| Amounts payable within one year | 42/48 | €389,017 | €198,067 | -€190,950 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €15,827 | - | -€15,827 | |
| Financial debts | 43 | €48,806 | €40,000 | -€8,806 | -18.0% |
| Credit institutions | 430/8 | €48,806 | €40,000 | -€8,806 | -18.0% |
| Trade debts | 44 | €51,262 | €37,227 | -€14,035 | -27.4% |
| Suppliers | 440/4 | €51,262 | €37,227 | -€14,035 | -27.4% |
| Advances received on contracts in progress | 46 | €44,625 | €42,500 | -€2,125 | -4.8% |
| Taxes, remuneration and social security | 45 | €218,728 | €74,490 | -€144,237 | -65.9% |
| Taxes | 450/3 | €160,161 | €39,896 | -€120,265 | -75.1% |
| Remuneration and social security | 454/9 | €58,566 | €34,594 | -€23,972 | -40.9% |
| Other amounts payable | 47/48 | €9,769 | €3,850 | -€5,919 | -60.6% |
| Accrued charges and deferred income | 492/3 | €1,658 | €10,424 | +€8,765 | +529% |
| Non-recurring operating income | 76A | - | €74,885 | +€74,885 | |
| Remuneration, social security and pensions | 62 | €61,637 | €24,830 | -€36,807 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,282 | €1,758 | -€524 | -23.0% |
| Other operating charges | 640/8 | €1,443 | €1,105 | -€338 | -23.4% |
| Gross operating margin | 9900 | €24,378 | €105,116 | +€80,738 | +331% |
| Operating profit (loss) | 9901 | -€40,984 | €77,423 | +€118,407 | |
| Financial income | 75/76B | €0 | €290 | +€289 | +144,730% |
| Recurring financial income | 75 | €0 | €290 | +€289 | +144,730% |
| Financial charges | 65/66B | €6,360 | €4,883 | -€1,478 | -23.2% |
| Recurring financial charges | 65 | €6,360 | €4,883 | -€1,478 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,344 | €72,830 | +€120,174 | |
| Profit (loss) for the period | 9904 | -€47,344 | €72,830 | +€120,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,344 | €72,830 | +€120,174 |
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 15 October 2026 via checked.be.