IMMOCEL: 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.
IMMOCEL
Largest movements
- Tangible fixed assets -€26,852
down €26,852 (-37.5%), from €71,605 to €44,753
- Receivables within one year +€13,801
up €13,801 (+9.7%), from €142,148 to €155,949
of which Other amounts receivable: +€13,801
- Cash +€13,298
up €13,298 (+12.6%), from €105,264 to €118,562
mainly Depreciation (+€26,852) and Net result for the year (+€197)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,189
up €3,189 (+14.6%), from €21,809 to €24,998
- Financial income +€945
up €945 (+23.2%), from €4,083 to €5,028
- Other operating charges -€830
down €830 (-21.8%), from €3,807 to €2,977
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 | €319,017 | €319,264 | +€247 | +0.1% |
| Fixed assets | 21/28 | €71,605 | €44,753 | -€26,852 | -37.5% |
| Tangible fixed assets | 22/27 | €71,605 | €44,753 | -€26,852 | -37.5% |
| Land and buildings | 22 | €71,605 | €44,753 | -€26,852 | -37.5% |
| Current assets | 29/58 | €247,412 | €274,511 | +€27,099 | +11.0% |
| Amounts receivable within one year | 40/41 | €142,148 | €155,949 | +€13,801 | +9.7% |
| Trade receivables | 40 | €68,999 | €68,999 | = | 0.0% |
| Other amounts receivable | 41 | €73,149 | €86,950 | +€13,801 | +18.9% |
| Cash at bank and in hand | 54/58 | €105,264 | €118,562 | +€13,298 | +12.6% |
| Total equity and liabilities | 10/49 | €319,017 | €319,264 | +€247 | +0.1% |
| Equity | 10/15 | €319,017 | €319,214 | +€197 | +0.1% |
| Contributions | 10/11 | €396,000 | €396,000 | = | 0.0% |
| Capital | 10 | €396,000 | €396,000 | = | 0.0% |
| Issued capital | 100 | €396,000 | €396,000 | = | 0.0% |
| Reserves | 13 | €30,324 | €30,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,324 | €30,324 | = | 0.0% |
| Legal reserve | 130 | €18,145 | €18,145 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,179 | €12,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,308 | -€107,111 | +€197 | +0.2% |
| Amounts payable | 17/49 | - | €50 | +€50 | |
| Amounts payable within one year | 42/48 | - | €50 | +€50 | |
| Trade debts | 44 | - | €50 | +€50 | |
| Suppliers | 440/4 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,852 | €26,852 | = | 0.0% |
| Other operating charges | 640/8 | €3,807 | €2,977 | -€830 | -21.8% |
| Gross operating margin | 9900 | €21,809 | €24,998 | +€3,189 | +14.6% |
| Operating profit (loss) | 9901 | -€8,849 | -€4,831 | +€4,019 | +45.4% |
| Financial income | 75/76B | €4,083 | €5,028 | +€945 | +23.2% |
| Recurring financial income | 75 | €4,083 | €5,028 | +€945 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,767 | €197 | +€4,964 | |
| Profit (loss) for the period | 9904 | -€4,767 | €197 | +€4,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,767 | €197 | +€4,964 |
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 15 October 2026 via checked.be.