IMMO4U: 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.
IMMO4U
Largest movements
- Tangible fixed assets +€235,109
new in 2024: €235,109
- Receivables within one year -€8,731
down €8,731 (-16.0%), from €54,430 to €45,698
of which Other amounts receivable: -€9,950
- Cash -€5,051
down €5,051 (-63.1%), from €8,001 to €2,950
mainly Investment in fixed assets (net) (-€247,621) and Tax, wage and social debts (-€11,765)
- Deferred charges and accrued income +€3,807
up €3,807 (+2181.5%), from €175 to €3,982
- Debts after one year +€180,298
new in 2024: €180,298
- Trade debts +€33,345
new in 2024: €33,345
- Other debts +€21,527
up €21,527 (+21.1%), from €101,873 to €123,400
- Current portion of long-term debt +€18,039
new in 2024: €18,039
- Tax, wage and social debts -€11,765
down €11,765 (-97.8%), from €12,032 to €267
of which Remuneration and social security: -€10,720
- Staff costs -€17,388
no longer reported in 2024 (was €17,388)
- Gross operating margin -€17,074
down €17,074 (-51.0%), from €33,447 to €16,373
- Depreciation +€10,950
up €10,950 (+3306.2%), from €331 to €11,281
- Financial charges +€5,128
up €5,128 (+666.0%), from €770 to €5,898
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 | €63,925 | €290,289 | +€226,365 | +354.1% |
| Fixed assets | 21/28 | €1,319 | €237,659 | +€236,340 | +17914.0% |
| Intangible fixed assets | 21 | €1,239 | €2,550 | +€1,312 | +105.9% |
| Tangible fixed assets | 22/27 | - | €235,109 | +€235,109 | |
| Other tangible fixed assets | 26 | - | €235,109 | +€235,109 | |
| Financial fixed assets | 28 | €81 | - | -€81 | |
| Current assets | 29/58 | €62,605 | €52,630 | -€9,975 | -15.9% |
| Amounts receivable within one year | 40/41 | €54,430 | €45,698 | -€8,731 | -16.0% |
| Trade receivables | 40 | €30,561 | €31,780 | +€1,219 | +4.0% |
| Other amounts receivable | 41 | €23,869 | €13,919 | -€9,950 | -41.7% |
| Cash at bank and in hand | 54/58 | €8,001 | €2,950 | -€5,051 | -63.1% |
| Deferred charges and accrued income | 490/1 | €175 | €3,982 | +€3,807 | +2181.5% |
| Total equity and liabilities | 10/49 | €63,925 | €290,289 | +€226,365 | +354.1% |
| Equity | 10/15 | -€57,798 | -€65,523 | -€7,725 | -13.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,048 | €9,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,189 | €7,189 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,189 | €7,189 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,438 | -€93,163 | -€7,725 | -9.0% |
| Amounts payable | 17/49 | €121,723 | €355,813 | +€234,090 | +192.3% |
| Amounts payable after more than one year | 17 | - | €180,298 | +€180,298 | |
| Financial debts | 170/4 | - | €180,298 | +€180,298 | |
| Amounts payable within one year | 42/48 | €121,405 | €175,051 | +€53,646 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | - | €18,039 | +€18,039 | |
| Trade debts | 44 | - | €33,345 | +€33,345 | |
| Suppliers | 440/4 | - | €33,345 | +€33,345 | |
| Advances received on contracts in progress | 46 | €7,500 | - | -€7,500 | |
| Taxes, remuneration and social security | 45 | €12,032 | €267 | -€11,765 | -97.8% |
| Taxes | 450/3 | €1,313 | €267 | -€1,046 | -79.7% |
| Remuneration and social security | 454/9 | €10,720 | - | -€10,720 | |
| Other amounts payable | 47/48 | €101,873 | €123,400 | +€21,527 | +21.1% |
| Accrued charges and deferred income | 492/3 | €318 | €464 | +€146 | +45.9% |
| Non-recurring operating income | 76A | - | €1,110 | +€1,110 | |
| Remuneration, social security and pensions | 62 | €17,388 | - | -€17,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €11,281 | +€10,950 | +3306.2% |
| Other operating charges | 640/8 | €1,131 | €1,006 | -€125 | -11.1% |
| Non-recurring operating charges | 66A | €116 | €5,858 | +€5,741 | +4928.8% |
| Gross operating margin | 9900 | €33,447 | €16,373 | -€17,074 | -51.0% |
| Operating profit (loss) | 9901 | €14,481 | -€1,772 | -€16,253 | |
| Financial charges | 65/66B | €770 | €5,898 | +€5,128 | +666.0% |
| Recurring financial charges | 65 | €770 | €5,898 | +€5,128 | +666.0% |
| Profit (loss) for the period before taxes | 9903 | €13,711 | -€7,670 | -€21,381 | |
| Income taxes | 67/77 | - | €55 | +€55 | |
| Profit (loss) for the period | 9904 | €13,711 | -€7,725 | -€21,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,711 | -€7,725 | -€21,436 |
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 2 October 2026 via checked.be.