IMMOBELEC: 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.
IMMOBELEC
Largest movements
- Cash +€8,591
up €8,591 (+2.2%), from €384,699 to €393,290
mainly Other debts (+€50,000) and Net result for the year (+€41,842)
- Other debts +€50,000
new in 2024: €50,000
- Reserves -€33,900
down €33,900 (-9.3%), from €363,900 to €330,000
of which Distributable reserves: -€30,000
- Profit (loss) carried forward -€8,159
down €8,159 (-29.2%), from €27,937 to €19,778
- Taxes -€4,826
down €4,826 (-28.2%), from €17,133 to €12,307
- Gross operating margin +€3,333
up €3,333 (+6.2%), from €54,173 to €57,506
- Financial income +€1,033
up €1,033 (+81.8%), from €1,263 to €2,296
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 | €433,837 | €442,678 | +€8,841 | +2.0% |
| Fixed assets | 21/28 | €47,100 | €47,100 | = | 0.0% |
| Tangible fixed assets | 22/27 | €47,100 | €47,100 | = | 0.0% |
| Land and buildings | 22 | €47,100 | €47,100 | = | 0.0% |
| Current assets | 29/58 | €386,737 | €395,578 | +€8,841 | +2.3% |
| Cash at bank and in hand | 54/58 | €384,699 | €393,290 | +€8,591 | +2.2% |
| Deferred charges and accrued income | 490/1 | €2,038 | €2,288 | +€250 | +12.3% |
| Total equity and liabilities | 10/49 | €433,837 | €442,678 | +€8,841 | +2.0% |
| Equity | 10/15 | €430,837 | €392,678 | -€38,159 | -8.9% |
| Contributions | 10/11 | €39,000 | €42,900 | +€3,900 | +10.0% |
| Reserves | 13 | €363,900 | €330,000 | -€33,900 | -9.3% |
| Non-distributable reserves | 130/1 | €3,900 | - | -€3,900 | |
| Reserves not available under the articles | 1311 | €3,900 | - | -€3,900 | |
| Distributable reserves | 133 | €360,000 | €330,000 | -€30,000 | -8.3% |
| Profit (loss) carried forward | 14 | €27,937 | €19,778 | -€8,159 | -29.2% |
| Amounts payable | 17/49 | €3,000 | €50,000 | +€47,000 | +1566.7% |
| Amounts payable within one year | 42/48 | €3,000 | €50,000 | +€47,000 | +1566.7% |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Taxes | 450/3 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Other operating charges | 640/8 | €5,273 | €5,473 | +€200 | +3.8% |
| Gross operating margin | 9900 | €54,173 | €57,506 | +€3,333 | +6.2% |
| Operating profit (loss) | 9901 | €48,900 | €52,033 | +€3,133 | +6.4% |
| Financial income | 75/76B | €1,263 | €2,296 | +€1,033 | +81.8% |
| Recurring financial income | 75 | €1,263 | €2,296 | +€1,033 | +81.8% |
| Financial charges | 65/66B | €174 | €180 | +€6 | +3.4% |
| Recurring financial charges | 65 | €174 | €180 | +€6 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €49,989 | €54,149 | +€4,160 | +8.3% |
| Income taxes | 67/77 | €17,133 | €12,307 | -€4,826 | -28.2% |
| Profit (loss) for the period | 9904 | €32,856 | €41,842 | +€8,986 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,856 | €41,842 | +€8,986 | +27.3% |
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 3 October 2026 via checked.be.