IMMO37: 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.
IMMO37
Largest movements
- Tangible fixed assets -€8,400
down €8,400 (-2.6%), from €328,988 to €320,588
- Current portion of long-term debt -€20,108
down €20,108 (-70.0%), from €28,713 to €8,605
- Profit (loss) carried forward +€15,716
up €15,716 (+127.5%), from €12,330 to €28,046
- Gross operating margin +€7,069
up €7,069 (+29.5%), from €23,978 to €31,047
- Taxes -€1,814
down €1,814 (-92.0%), from €1,971 to €157
- Financial charges -€1,377
down €1,377 (-24.5%), from €5,614 to €4,238
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 | €330,758 | €325,905 | -€4,853 | -1.5% |
| Fixed assets | 21/28 | €328,988 | €320,588 | -€8,400 | -2.6% |
| Tangible fixed assets | 22/27 | €328,988 | €320,588 | -€8,400 | -2.6% |
| Land and buildings | 22 | €328,988 | €320,588 | -€8,400 | -2.6% |
| Current assets | 29/58 | €1,769 | €5,317 | +€3,547 | +200.5% |
| Amounts receivable within one year | 40/41 | - | €159 | +€159 | |
| Other amounts receivable | 41 | - | €159 | +€159 | |
| Cash at bank and in hand | 54/58 | €1,769 | €4,725 | +€2,955 | +167.0% |
| Deferred charges and accrued income | 490/1 | - | €433 | +€433 | |
| Total equity and liabilities | 10/49 | €330,758 | €325,905 | -€4,853 | -1.5% |
| Equity | 10/15 | €15,330 | €31,046 | +€15,716 | +102.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,330 | €28,046 | +€15,716 | +127.5% |
| Amounts payable | 17/49 | €315,428 | €294,859 | -€20,568 | -6.5% |
| Amounts payable after more than one year | 17 | €273,127 | €273,127 | = | 0.0% |
| Financial debts | 170/4 | €273,127 | €273,127 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,301 | €21,732 | -€20,568 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €28,713 | €8,605 | -€20,108 | -70.0% |
| Trade debts | 44 | €2,491 | €73 | -€2,418 | -97.1% |
| Suppliers | 440/4 | €2,491 | €73 | -€2,418 | -97.1% |
| Taxes, remuneration and social security | 45 | €1,852 | €2,008 | +€157 | +8.5% |
| Taxes | 450/3 | €1,852 | €2,008 | +€157 | +8.5% |
| Other amounts payable | 47/48 | €9,245 | €11,046 | +€1,801 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,400 | €8,400 | = | 0.0% |
| Other operating charges | 640/8 | €2,439 | €2,537 | +€99 | +4.0% |
| Gross operating margin | 9900 | €23,978 | €31,047 | +€7,069 | +29.5% |
| Operating profit (loss) | 9901 | €13,140 | €20,110 | +€6,970 | +53.0% |
| Financial charges | 65/66B | €5,614 | €4,238 | -€1,377 | -24.5% |
| Recurring financial charges | 65 | €5,614 | €4,238 | -€1,377 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €7,525 | €15,872 | +€8,347 | +110.9% |
| Income taxes | 67/77 | €1,971 | €157 | -€1,814 | -92.0% |
| Profit (loss) for the period | 9904 | €5,555 | €15,716 | +€10,161 | +182.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,555 | €15,716 | +€10,161 | +182.9% |
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 29 September 2026 via checked.be.