IMMO WOON !: 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 WOON !
Largest movements
- Tangible fixed assets +€46,992
up €46,992 (+5.6%), from €839,342 to €886,334
of which Land and buildings: +€48,624
- Cash +€41,208
up €41,208 (+41.3%), from €99,699 to €140,907
mainly Net result for the year (+€102,408) and Depreciation (+€39,452)
- Receivables within one year +€41,091
up €41,091 (+269%), from €15,247 to €56,339
of which Trade receivables: +€36,901
- Reserves +€95,358
up €95,358 (+29.4%), from €324,369 to €419,727
of which Distributable reserves: +€95,358
- Debts after one year -€36,341
down €36,341 (-7.4%), from €487,943 to €451,602
- Advances received +€32,222
up €32,222, from €0 to €32,222
- Tax, wage and social debts +€16,793
up €16,793 (+43.7%), from €38,422 to €55,215
of which Remuneration and social security: +€17,177
- Gross operating margin +€178,203
up €178,203 (+83.4%), from €213,627 to €391,830
- Taxes +€37,402
up €37,402 (+11,545%), from €324 to €37,726
- Staff costs +€5,370
up €5,370 (+2.9%), from €182,319 to €187,689
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 | €960,991 | €1,087,735 | +€126,744 | +13.2% |
| Fixed assets | 21/28 | €841,392 | €888,384 | +€46,992 | +5.6% |
| Tangible fixed assets | 22/27 | €839,342 | €886,334 | +€46,992 | +5.6% |
| Land and buildings | 22 | €466,648 | €515,273 | +€48,624 | +10.4% |
| Plant, machinery and equipment | 23 | €3,375 | €2,455 | -€919 | -27.2% |
| Furniture and vehicles | 24 | €12,922 | €24,608 | +€11,686 | +90.4% |
| Other tangible fixed assets | 26 | €356,397 | €343,998 | -€12,399 | -3.5% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €119,599 | €199,351 | +€79,752 | +66.7% |
| Amounts receivable within one year | 40/41 | €15,247 | €56,339 | +€41,091 | +269% |
| Trade receivables | 40 | €1,350 | €38,251 | +€36,901 | +2,733% |
| Other amounts receivable | 41 | €13,897 | €18,088 | +€4,191 | +30.2% |
| Cash at bank and in hand | 54/58 | €99,699 | €140,907 | +€41,208 | +41.3% |
| Deferred charges and accrued income | 490/1 | €4,652 | €2,105 | -€2,548 | -54.8% |
| Total equity and liabilities | 10/49 | €960,991 | €1,087,735 | +€126,744 | +13.2% |
| Equity | 10/15 | €323,518 | €425,927 | +€102,408 | +31.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €324,369 | €419,727 | +€95,358 | +29.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €172 | €172 | = | 0.0% |
| Distributable reserves | 133 | €324,198 | €419,555 | +€95,358 | +29.4% |
| Profit (loss) carried forward | 14 | -€7,051 | €0 | +€7,051 | |
| Amounts payable | 17/49 | €637,473 | €661,808 | +€24,335 | +3.8% |
| Amounts payable after more than one year | 17 | €487,943 | €451,602 | -€36,341 | -7.4% |
| Financial debts | 170/4 | €487,943 | €451,602 | -€36,341 | -7.4% |
| Amounts payable within one year | 42/48 | €149,530 | €207,355 | +€57,825 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €35,294 | €36,341 | +€1,047 | +3.0% |
| Trade debts | 44 | €36,867 | €35,836 | -€1,032 | -2.8% |
| Suppliers | 440/4 | €36,867 | €35,836 | -€1,032 | -2.8% |
| Advances received on contracts in progress | 46 | €0 | €32,222 | +€32,222 | |
| Taxes, remuneration and social security | 45 | €38,422 | €55,215 | +€16,793 | +43.7% |
| Taxes | 450/3 | €20,739 | €20,355 | -€384 | -1.9% |
| Remuneration and social security | 454/9 | €17,683 | €34,861 | +€17,177 | +97.1% |
| Other amounts payable | 47/48 | €38,947 | €47,741 | +€8,795 | +22.6% |
| Accrued charges and deferred income | 492/3 | €0 | €2,851 | +€2,851 | |
| Remuneration, social security and pensions | 62 | €182,319 | €187,689 | +€5,370 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,273 | €39,452 | -€3,821 | -8.8% |
| Other operating charges | 640/8 | €7,085 | €6,087 | -€998 | -14.1% |
| Gross operating margin | 9900 | €213,627 | €391,830 | +€178,203 | +83.4% |
| Operating profit (loss) | 9901 | -€19,051 | €158,602 | +€177,652 | |
| Financial income | 75/76B | €1,413 | €0 | -€1,413 | -100% |
| Recurring financial income | 75 | €1,413 | €0 | -€1,413 | -100% |
| Financial charges | 65/66B | €17,347 | €18,467 | +€1,120 | +6.5% |
| Recurring financial charges | 65 | €17,347 | €18,467 | +€1,120 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,984 | €140,135 | +€175,119 | |
| Income taxes | 67/77 | €324 | €37,726 | +€37,402 | +11,545% |
| Profit (loss) for the period | 9904 | -€35,308 | €102,408 | +€137,717 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,308 | €102,408 | +€137,717 |
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 13 October 2026 via checked.be.