IMMO-TOP: 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-TOP
Largest movements
- Tangible fixed assets -€27,745
down €27,745 (-10.4%), from €267,058 to €239,313
- Receivables within one year +€12,680
up €12,680 (+24.9%), from €51,003 to €63,683
of which Trade receivables: +€14,981
- Cash -€12,210
down €12,210 (-75.1%), from €16,261 to €4,051
mainly Debts after one year (-€15,587) and Receivables within one year (-€12,680)
- Debts after one year -€15,587
down €15,587 (-47.8%), from €32,593 to €17,006
- Trade debts -€10,136
down €10,136 (-30.4%), from €33,330 to €23,194
- Tax, wage and social debts -€9,374
down €9,374 (-28.0%), from €33,472 to €24,098
of which Taxes: -€8,374
- Profit (loss) carried forward +€8,956
up €8,956 (+5.6%), from €158,861 to €167,817
- Gross operating margin +€13,060
up €13,060 (+30.6%), from €42,706 to €55,766
- Taxes +€4,199
up €4,199 (+848.2%), from €495 to €4,694
- Other operating charges -€1,478
down €1,478 (-25.2%), from €5,858 to €4,379
- Depreciation +€1,103
up €1,103 (+3.0%), from €37,252 to €38,354
- Financial charges +€822
up €822 (+27.5%), from €2,990 to €3,812
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 | €334,322 | €307,047 | -€27,275 | -8.2% |
| Fixed assets | 21/28 | €267,058 | €239,313 | -€27,745 | -10.4% |
| Tangible fixed assets | 22/27 | €267,058 | €239,313 | -€27,745 | -10.4% |
| Land and buildings | 22 | €198,279 | €185,928 | -€12,351 | -6.2% |
| Plant, machinery and equipment | 23 | €30,004 | €28,411 | -€1,593 | -5.3% |
| Furniture and vehicles | 24 | €38,775 | €24,974 | -€13,801 | -35.6% |
| Current assets | 29/58 | €67,265 | €67,734 | +€470 | +0.7% |
| Amounts receivable within one year | 40/41 | €51,003 | €63,683 | +€12,680 | +24.9% |
| Trade receivables | 40 | €24,428 | €39,409 | +€14,981 | +61.3% |
| Other amounts receivable | 41 | €26,575 | €24,274 | -€2,301 | -8.7% |
| Cash at bank and in hand | 54/58 | €16,261 | €4,051 | -€12,210 | -75.1% |
| Total equity and liabilities | 10/49 | €334,322 | €307,047 | -€27,275 | -8.2% |
| Equity | 10/15 | €207,160 | €213,872 | +€6,712 | +3.2% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €29,499 | €27,255 | -€2,244 | -7.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,299 | €24,055 | -€2,244 | -8.5% |
| Distributable reserves | 133 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,861 | €167,817 | +€8,956 | +5.6% |
| Provisions and deferred taxes | 16 | €8,907 | €7,752 | -€1,155 | -13.0% |
| Deferred taxes | 168 | €8,907 | €7,752 | -€1,155 | -13.0% |
| Amounts payable | 17/49 | €118,255 | €85,424 | -€32,831 | -27.8% |
| Amounts payable after more than one year | 17 | €32,593 | €17,006 | -€15,587 | -47.8% |
| Financial debts | 170/4 | €32,593 | €17,006 | -€15,587 | -47.8% |
| Amounts payable within one year | 42/48 | €85,315 | €68,071 | -€17,244 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €16,334 | €16,864 | +€530 | +3.2% |
| Trade debts | 44 | €33,330 | €23,194 | -€10,136 | -30.4% |
| Suppliers | 440/4 | €33,330 | €23,194 | -€10,136 | -30.4% |
| Taxes, remuneration and social security | 45 | €33,472 | €24,098 | -€9,374 | -28.0% |
| Taxes | 450/3 | €32,472 | €24,098 | -€8,374 | -25.8% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €2,179 | €3,914 | +€1,736 | +79.7% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,252 | €38,354 | +€1,103 | +3.0% |
| Other operating charges | 640/8 | €5,858 | €4,379 | -€1,478 | -25.2% |
| Gross operating margin | 9900 | €42,706 | €55,766 | +€13,060 | +30.6% |
| Operating profit (loss) | 9901 | -€403 | €13,033 | +€13,436 | |
| Financial income | 75/76B | €1,350 | €1,030 | -€320 | -23.7% |
| Recurring financial income | 75 | €1,350 | €1,030 | -€320 | -23.7% |
| Financial charges | 65/66B | €2,990 | €3,812 | +€822 | +27.5% |
| Recurring financial charges | 65 | €2,990 | €3,812 | +€822 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,043 | €10,250 | +€12,293 | |
| Transfer from deferred taxes | 780 | €1,155 | €1,155 | = | 0.0% |
| Income taxes | 67/77 | €495 | €4,694 | +€4,199 | +848.2% |
| Profit (loss) for the period | 9904 | -€1,383 | €6,712 | +€8,094 | |
| Transfer from tax-exempt reserves | 789 | €2,244 | €2,244 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €861 | €8,956 | +€8,094 | +939.8% |
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 3 October 2026 via checked.be.