IMMOBELD: 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.
IMMOBELD
Largest movements
- Tangible fixed assets -€19,145
down €19,145 (-8.7%), from €219,009 to €199,864
of which Land and buildings: -€17,521
- Cash -€6,387
down €6,387 (-44.4%), from €14,372 to €7,985
mainly Debts after one year (-€28,086) and Investment in fixed assets (net) (-€4,497)
- Debts after one year -€28,086
down €28,086 (-12.7%), from €221,478 to €193,391
- Profit (loss) carried forward +€3,252
up €3,252 (+14.9%), from -€21,793 to -€18,540
- Current portion of long-term debt +€3,215
up €3,215 (+12.0%), from €26,736 to €29,951
- Accrued charges and deferred income -€2,731
no longer reported in 2024 (was €2,731)
- Gross operating margin -€7,883
down €7,883 (-14.4%), from €54,662 to €46,779
- Depreciation +€2,105
up €2,105 (+9.8%), from €21,537 to €23,643
- Financial charges -€1,372
down €1,372 (-11.0%), from €12,524 to €11,152
- Other operating charges +€1,329
up €1,329 (+17.9%), from €7,404 to €8,733
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 | €236,818 | €212,311 | -€24,507 | -10.3% |
| Fixed assets | 21/28 | €219,009 | €199,864 | -€19,145 | -8.7% |
| Tangible fixed assets | 22/27 | €219,009 | €199,864 | -€19,145 | -8.7% |
| Land and buildings | 22 | €178,411 | €160,890 | -€17,521 | -9.8% |
| Plant, machinery and equipment | 23 | €40,599 | €38,974 | -€1,624 | -4.0% |
| Current assets | 29/58 | €17,808 | €12,447 | -€5,361 | -30.1% |
| Amounts receivable within one year | 40/41 | €3,437 | €4,462 | +€1,025 | +29.8% |
| Trade receivables | 40 | €561 | - | -€561 | |
| Other amounts receivable | 41 | €2,875 | €4,462 | +€1,587 | +55.2% |
| Cash at bank and in hand | 54/58 | €14,372 | €7,985 | -€6,387 | -44.4% |
| Total equity and liabilities | 10/49 | €236,818 | €212,311 | -€24,507 | -10.3% |
| Equity | 10/15 | -€15,593 | -€12,340 | +€3,252 | +20.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,793 | -€18,540 | +€3,252 | +14.9% |
| Amounts payable | 17/49 | €252,410 | €224,652 | -€27,759 | -11.0% |
| Amounts payable after more than one year | 17 | €221,478 | €193,391 | -€28,086 | -12.7% |
| Financial debts | 170/4 | €221,478 | €193,391 | -€28,086 | -12.7% |
| Amounts payable within one year | 42/48 | €28,202 | €31,260 | +€3,058 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €26,736 | €29,951 | +€3,215 | +12.0% |
| Trade debts | 44 | €366 | €210 | -€157 | -42.8% |
| Suppliers | 440/4 | €366 | €210 | -€157 | -42.8% |
| Other amounts payable | 47/48 | €1,100 | €1,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,731 | - | -€2,731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,537 | €23,643 | +€2,105 | +9.8% |
| Other operating charges | 640/8 | €7,404 | €8,733 | +€1,329 | +17.9% |
| Gross operating margin | 9900 | €54,662 | €46,779 | -€7,883 | -14.4% |
| Operating profit (loss) | 9901 | €25,720 | €14,404 | -€11,317 | -44.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,524 | €11,152 | -€1,372 | -11.0% |
| Recurring financial charges | 65 | €12,524 | €11,152 | -€1,372 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €13,197 | €3,252 | -€9,945 | -75.4% |
| Profit (loss) for the period | 9904 | €13,197 | €3,252 | -€9,945 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,197 | €3,252 | -€9,945 | -75.4% |
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 1 October 2026 via checked.be.