IMMOBAU: 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.
IMMOBAU
Largest movements
- Tangible fixed assets -€17,664
down €17,664 (-3.9%), from €452,412 to €434,749
of which Land and buildings: -€12,489
- Cash +€5,611
new in 2024: €5,611
mainly Depreciation (+€17,664) and Net result for the year (+€6,126)
- Debts after one year -€17,728
down €17,728 (-4.7%), from €379,874 to €362,146
- Profit (loss) carried forward +€6,126
up €6,126 (+35.2%), from -€17,412 to -€11,287
- Gross operating margin +€8,398
up €8,398 (+34.8%), from €24,115 to €32,513
- Financial charges -€7,505
down €7,505 (-50.9%), from €14,741 to €7,236
- Purchases and services -€4,248
down €4,248 (-32.5%), from €13,085 to €8,837
- Turnover +€4,150
up €4,150 (+11.2%), from €37,200 to €41,350
- Depreciation -€1,980
down €1,980 (-10.1%), from €19,644 to €17,664
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 | €452,412 | €440,360 | -€12,053 | -2.7% |
| Fixed assets | 21/28 | €452,412 | €434,749 | -€17,664 | -3.9% |
| Tangible fixed assets | 22/27 | €452,412 | €434,749 | -€17,664 | -3.9% |
| Land and buildings | 22 | €357,797 | €345,309 | -€12,489 | -3.5% |
| Other tangible fixed assets | 26 | €94,615 | €89,440 | -€5,175 | -5.5% |
| Current assets | 29/58 | - | €5,611 | +€5,611 | |
| Cash at bank and in hand | 54/58 | - | €5,611 | +€5,611 | |
| Total equity and liabilities | 10/49 | €452,412 | €440,360 | -€12,053 | -2.7% |
| Equity | 10/15 | €88 | €6,213 | +€6,126 | +6999.4% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Capital | 10 | €17,500 | €17,500 | = | 0.0% |
| Issued capital | 100 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,412 | -€11,287 | +€6,126 | +35.2% |
| Amounts payable | 17/49 | €452,325 | €434,146 | -€18,178 | -4.0% |
| Amounts payable after more than one year | 17 | €379,874 | €362,146 | -€17,728 | -4.7% |
| Financial debts | 170/4 | €379,874 | €362,146 | -€17,728 | -4.7% |
| Amounts payable within one year | 42/48 | €72,451 | €72,000 | -€451 | -0.6% |
| Financial debts | 43 | €451 | - | -€451 | |
| Credit institutions | 430/8 | €451 | - | -€451 | |
| Other amounts payable | 47/48 | €72,000 | €72,000 | = | 0.0% |
| Turnover | 70 | €37,200 | €41,350 | +€4,150 | +11.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,085 | €8,837 | -€4,248 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,644 | €17,664 | -€1,980 | -10.1% |
| Other operating charges | 640/8 | €679 | €1,488 | +€810 | +119.3% |
| Gross operating margin | 9900 | €24,115 | €32,513 | +€8,398 | +34.8% |
| Operating profit (loss) | 9901 | €3,792 | €13,362 | +€9,569 | +252.3% |
| Financial charges | 65/66B | €14,741 | €7,236 | -€7,505 | -50.9% |
| Recurring financial charges | 65 | €14,741 | €7,236 | -€7,505 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,948 | €6,126 | +€17,074 | |
| Profit (loss) for the period | 9904 | -€10,948 | €6,126 | +€17,074 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,948 | €6,126 | +€17,074 |
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 10 October 2026 via checked.be.