IMMO YBO: 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 YBO
Largest movements
- Tangible fixed assets +€18,175
up €18,175 (+8.5%), from €213,536 to €231,711
of which Land and buildings: +€21,407
- Receivables within one year -€15,111
down €15,111 (-28.7%), from €52,659 to €37,548
of which Other amounts receivable: -€11,800
- Receivables after one year -€10,000
no longer reported in 2024 (was €10,000)
- Cash -€5,488
down €5,488 (-99.7%), from €5,506 to €18
mainly Investment in fixed assets (net) (-€41,440) and Debts after one year (-€14,947)
- Debts after one year -€14,947
down €14,947 (-9.5%), from €156,828 to €141,881
- Gross operating margin +€11,128
up €11,128 (+57.2%), from €19,464 to €30,592
- Depreciation +€5,384
up €5,384 (+30.1%), from €17,881 to €23,265
- Taxes +€840
up €840 (+58.1%), from €1,446 to €2,286
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 | €281,701 | €269,277 | -€12,424 | -4.4% |
| Fixed assets | 21/28 | €213,536 | €231,711 | +€18,175 | +8.5% |
| Tangible fixed assets | 22/27 | €213,536 | €231,711 | +€18,175 | +8.5% |
| Land and buildings | 22 | €187,924 | €209,331 | +€21,407 | +11.4% |
| Plant, machinery and equipment | 23 | €25,612 | €22,380 | -€3,232 | -12.6% |
| Current assets | 29/58 | €68,165 | €37,566 | -€30,599 | -44.9% |
| Amounts receivable after more than one year | 29 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 291 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €52,659 | €37,548 | -€15,111 | -28.7% |
| Trade receivables | 40 | €13,845 | €10,534 | -€3,311 | -23.9% |
| Other amounts receivable | 41 | €38,814 | €27,014 | -€11,800 | -30.4% |
| Cash at bank and in hand | 54/58 | €5,506 | €18 | -€5,488 | -99.7% |
| Total equity and liabilities | 10/49 | €281,701 | €269,277 | -€12,424 | -4.4% |
| Equity | 10/15 | €95,626 | €95,936 | +€310 | +0.3% |
| Contributions | 10/11 | €31,250 | €31,250 | = | 0.0% |
| Reserves | 13 | €64,376 | €64,686 | +€310 | +0.5% |
| Tax-exempt reserves | 132 | €50,400 | €46,200 | -€4,200 | -8.3% |
| Distributable reserves | 133 | €13,976 | €18,486 | +€4,510 | +32.3% |
| Provisions and deferred taxes | 16 | €9,600 | €8,800 | -€800 | -8.3% |
| Deferred taxes | 168 | €9,600 | €8,800 | -€800 | -8.3% |
| Amounts payable | 17/49 | €176,475 | €164,541 | -€11,934 | -6.8% |
| Amounts payable after more than one year | 17 | €156,828 | €141,881 | -€14,947 | -9.5% |
| Financial debts | 170/4 | €156,828 | €141,881 | -€14,947 | -9.5% |
| Amounts payable within one year | 42/48 | €16,744 | €20,761 | +€4,017 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €14,605 | €16,067 | +€1,462 | +10.0% |
| Trade debts | 44 | €597 | €2,131 | +€1,534 | +257.0% |
| Suppliers | 440/4 | €597 | €2,131 | +€1,534 | +257.0% |
| Taxes, remuneration and social security | 45 | €1,023 | €1,050 | +€27 | +2.6% |
| Taxes | 450/3 | €1,023 | €1,050 | +€27 | +2.6% |
| Other amounts payable | 47/48 | €519 | €1,513 | +€994 | +191.5% |
| Accrued charges and deferred income | 492/3 | €2,903 | €1,899 | -€1,004 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,881 | €23,265 | +€5,384 | +30.1% |
| Other operating charges | 640/8 | €2,017 | €2,170 | +€153 | +7.6% |
| Gross operating margin | 9900 | €19,464 | €30,592 | +€11,128 | +57.2% |
| Operating profit (loss) | 9901 | -€434 | €5,157 | +€5,591 | |
| Financial charges | 65/66B | €3,146 | €3,361 | +€215 | +6.8% |
| Recurring financial charges | 65 | €3,146 | €3,361 | +€215 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,580 | €1,796 | +€5,376 | |
| Transfer from deferred taxes | 780 | €800 | €800 | = | 0.0% |
| Income taxes | 67/77 | €1,446 | €2,286 | +€840 | +58.1% |
| Profit (loss) for the period | 9904 | -€4,226 | €310 | +€4,536 | |
| Transfer from tax-exempt reserves | 789 | €4,200 | €4,200 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€26 | €4,510 | +€4,536 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2023 and 31 May 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.