IMMOBEL CONCEPT: 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.
IMMOBEL CONCEPT
Largest movements
- Tangible fixed assets -€540,591
down €540,591 (-55.0%), from €983,331 to €442,740
of which Land and buildings: -€470,642
- Receivables within one year -€32,961
down €32,961 (-7.7%), from €428,897 to €395,937
of which Other amounts receivable: -€23,931
- Debts after one year -€759,150
no longer reported in 2024 (was €759,150)
- Profit (loss) carried forward +€199,375
up €199,375, from -€107,402 to €91,973
- Gross operating margin +€262,350
up €262,350 (+1,550%), from €16,923 to €279,274
- Depreciation -€68,309
down €68,309 (-63.1%), from €108,236 to €39,927
- Financial charges -€39,030
down €39,030 (-58.6%), from €66,627 to €27,597
- Other operating charges +€7,660
up €7,660 (+47.7%), from €16,063 to €23,723
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 | €1,412,279 | €838,805 | -€573,474 | -40.6% |
| Fixed assets | 21/28 | €983,381 | €442,790 | -€540,591 | -55.0% |
| Tangible fixed assets | 22/27 | €983,331 | €442,740 | -€540,591 | -55.0% |
| Land and buildings | 22 | €830,797 | €360,155 | -€470,642 | -56.6% |
| Other tangible fixed assets | 26 | €152,535 | €82,585 | -€69,949 | -45.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €428,897 | €396,015 | -€32,882 | -7.7% |
| Amounts receivable within one year | 40/41 | €428,897 | €395,937 | -€32,961 | -7.7% |
| Trade receivables | 40 | €9,030 | - | -€9,030 | |
| Other amounts receivable | 41 | €419,868 | €395,937 | -€23,931 | -5.7% |
| Cash at bank and in hand | 54/58 | - | €78 | +€78 | |
| Total equity and liabilities | 10/49 | €1,412,279 | €838,805 | -€573,474 | -40.6% |
| Equity | 10/15 | €112,598 | €311,973 | +€199,375 | +177% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,402 | €91,973 | +€199,375 | |
| Provisions and deferred taxes | 16 | €369,286 | €358,096 | -€11,190 | -3.0% |
| Deferred taxes | 168 | €369,286 | €358,096 | -€11,190 | -3.0% |
| Amounts payable | 17/49 | €930,394 | €168,736 | -€761,658 | -81.9% |
| Amounts payable after more than one year | 17 | €759,150 | - | -€759,150 | |
| Financial debts | 170/4 | €759,150 | - | -€759,150 | |
| Amounts payable within one year | 42/48 | €171,244 | €168,736 | -€2,508 | -1.5% |
| Financial debts | 43 | €8,134 | - | -€8,134 | |
| Credit institutions | 430/8 | €8,134 | - | -€8,134 | |
| Trade debts | 44 | €51,910 | €57,362 | +€5,451 | +10.5% |
| Suppliers | 440/4 | €51,910 | €57,362 | +€5,451 | +10.5% |
| Taxes, remuneration and social security | 45 | - | €174 | +€174 | |
| Taxes | 450/3 | - | €174 | +€174 | |
| Other amounts payable | 47/48 | €111,200 | €111,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,236 | €39,927 | -€68,309 | -63.1% |
| Other operating charges | 640/8 | €16,063 | €23,723 | +€7,660 | +47.7% |
| Gross operating margin | 9900 | €16,923 | €279,274 | +€262,350 | +1,550% |
| Operating profit (loss) | 9901 | -€107,376 | €215,623 | +€322,999 | |
| Financial income | 75/76B | - | €158 | +€158 | |
| Recurring financial income | 75 | - | €158 | +€158 | |
| Financial charges | 65/66B | €66,627 | €27,597 | -€39,030 | -58.6% |
| Recurring financial charges | 65 | €66,627 | €27,597 | -€39,030 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | -€174,003 | €188,184 | +€362,187 | |
| Transfer from deferred taxes | 780 | €11,540 | €11,190 | -€350 | -3.0% |
| Income taxes | 67/77 | €1,483 | - | -€1,483 | |
| Profit (loss) for the period | 9904 | -€163,946 | €199,375 | +€363,321 | |
| Transfer from tax-exempt reserves | 789 | €40,953 | - | -€40,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€122,993 | €199,375 | +€322,368 |
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 22 October 2026 via checked.be.