IMMO-VIE: 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-VIE
Largest movements
- Receivables within one year -€458,946
down €458,946 (-78.7%), from €583,304 to €124,358
of which Other amounts receivable: -€458,946
- Receivables after one year +€250,000
new in 2024: €250,000
- Stocks and contracts -€158,748
no longer reported in 2024 (was €158,748)
- Tangible fixed assets -€99,613
down €99,613 (-3.2%), from €3.2m to €3.1m
of which Land and buildings: -€88,687
- Other debts -€167,051
down €167,051 (-50.3%), from €332,077 to €165,026
- Reserves -€101,041
down €101,041 (-7.6%), from €1.3m to €1.2m
of which Tax-exempt reserves: -€101,041
- Debts after one year -€96,937
down €96,937 (-6.6%), from €1.5m to €1.4m
of which Financial debts: -€96,937
- Profit (loss) carried forward -€63,933
down €63,933 (-86.9%), from €73,577 to €9,644
- Provisions -€39,777
down €39,777 (-7.4%), from €535,971 to €496,194
- Depreciation +€8,136
up €8,136 (+3.6%), from €224,139 to €232,275
- Financial charges -€5,268
down €5,268 (-23.1%), from €22,762 to €17,494
- Gross operating margin -€1,926
down €1,926 (-2.4%), from €81,580 to €79,654
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 | €3,901,675 | €3,459,507 | -€442,168 | -11.3% |
| Fixed assets | 21/28 | €3,156,064 | €3,081,708 | -€74,356 | -2.4% |
| Tangible fixed assets | 22/27 | €3,155,064 | €3,055,450 | -€99,613 | -3.2% |
| Land and buildings | 22 | €3,120,333 | €3,031,646 | -€88,687 | -2.8% |
| Furniture and vehicles | 24 | €34,730 | €23,804 | -€10,926 | -31.5% |
| Financial fixed assets | 28 | €1,000 | €26,258 | +€25,258 | +2,526% |
| Current assets | 29/58 | €745,611 | €377,799 | -€367,812 | -49.3% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Other amounts receivable | 291 | - | €250,000 | +€250,000 | |
| Stocks and contracts in progress | 3 | €158,748 | - | -€158,748 | |
| Stocks | 30/36 | €158,748 | - | -€158,748 | |
| Amounts receivable within one year | 40/41 | €583,304 | €124,358 | -€458,946 | -78.7% |
| Trade receivables | 40 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 41 | €533,304 | €74,358 | -€458,946 | -86.1% |
| Cash at bank and in hand | 54/58 | €2,050 | €275 | -€1,775 | -86.6% |
| Deferred charges and accrued income | 490/1 | €1,510 | €3,166 | +€1,656 | +110% |
| Total equity and liabilities | 10/49 | €3,901,675 | €3,459,507 | -€442,168 | -11.3% |
| Equity | 10/15 | €1,463,701 | €1,298,727 | -€164,974 | -11.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,328,123 | €1,227,082 | -€101,041 | -7.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,321,923 | €1,220,882 | -€101,041 | -7.6% |
| Profit (loss) carried forward | 14 | €73,577 | €9,644 | -€63,933 | -86.9% |
| Provisions and deferred taxes | 16 | €535,971 | €496,194 | -€39,777 | -7.4% |
| Deferred taxes | 168 | €535,971 | €496,194 | -€39,777 | -7.4% |
| Amounts payable | 17/49 | €1,902,003 | €1,664,586 | -€237,417 | -12.5% |
| Amounts payable after more than one year | 17 | €1,460,527 | €1,363,590 | -€96,937 | -6.6% |
| Financial debts | 170/4 | €543,962 | €447,025 | -€96,937 | -17.8% |
| Other amounts payable | 178/9 | €916,565 | €916,565 | = | 0.0% |
| Amounts payable within one year | 42/48 | €441,475 | €300,996 | -€140,480 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €98,640 | €97,524 | -€1,116 | -1.1% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €5,735 | €33,445 | +€27,710 | +483% |
| Suppliers | 440/4 | €5,735 | €33,445 | +€27,710 | +483% |
| Taxes, remuneration and social security | 45 | €24 | - | -€24 | |
| Taxes | 450/3 | €3 | - | -€3 | |
| Remuneration and social security | 454/9 | €21 | - | -€21 | |
| Other amounts payable | 47/48 | €332,077 | €165,026 | -€167,051 | -50.3% |
| Non-recurring operating income | 76A | €2,161 | - | -€2,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,139 | €232,275 | +€8,136 | +3.6% |
| Other operating charges | 640/8 | €34,581 | €34,679 | +€99 | +0.3% |
| Gross operating margin | 9900 | €81,580 | €79,654 | -€1,926 | -2.4% |
| Operating profit (loss) | 9901 | -€177,139 | -€187,300 | -€10,161 | -5.7% |
| Financial income | 75/76B | €342 | €43 | -€299 | -87.4% |
| Recurring financial income | 75 | €342 | €43 | -€299 | -87.4% |
| Financial charges | 65/66B | €22,762 | €17,494 | -€5,268 | -23.1% |
| Recurring financial charges | 65 | €22,762 | €17,494 | -€5,268 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€199,559 | -€204,751 | -€5,192 | -2.6% |
| Transfer from deferred taxes | 780 | €38,719 | €39,777 | +€1,058 | +2.7% |
| Profit (loss) for the period | 9904 | -€160,840 | -€164,974 | -€4,134 | -2.6% |
| Transfer from tax-exempt reserves | 789 | €97,868 | €101,041 | +€3,173 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,973 | -€63,933 | -€961 | -1.5% |
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 14 October 2026 via checked.be.