IMMOCOM: 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.
IMMOCOM
Largest movements
- Receivables within one year +€231,023
up €231,023 (+121%), from €190,849 to €421,872
of which Trade receivables: +€221,912
- Current investments +€20,489
up €20,489 (+337%), from €6,073 to €26,562
- Cash -€20,214
down €20,214 (-45.5%), from €44,427 to €24,213
mainly Receivables within one year (-€231,023) and Investment in fixed assets (net) (-€35,559)
- Tangible fixed assets +€6,641
up €6,641 (+4.6%), from €143,459 to €150,101
of which Other tangible fixed assets: +€10,417
- Trade debts +€120,023
up €120,023 (+92.7%), from €129,485 to €249,508
- Advances received +€69,500
up €69,500 (+2,901%), from €2,396 to €71,896
- Profit (loss) carried forward +€31,253
up €31,253 (+46.9%), from €66,608 to €97,861
- Tax, wage and social debts +€23,124
up €23,124 (+24.2%), from €95,503 to €118,627
of which Remuneration and social security: +€25,570
- Other debts -€9,221
down €9,221 (-65.5%), from €14,083 to €4,862
- Gross operating margin +€152,751
up €152,751 (+32.1%), from €475,894 to €628,645
- Staff costs +€105,188
up €105,188 (+25.2%), from €417,589 to €522,777
- Other operating charges +€31,092
up €31,092 (+134%), from €23,185 to €54,277
- Write-downs -€17,106
down €17,106, from €1,857 to -€15,249
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 | €390,694 | €630,108 | +€239,414 | +61.3% |
| Fixed assets | 21/28 | €147,554 | €154,196 | +€6,641 | +4.5% |
| Tangible fixed assets | 22/27 | €143,459 | €150,101 | +€6,641 | +4.6% |
| Plant, machinery and equipment | 23 | €613 | €90 | -€523 | -85.3% |
| Furniture and vehicles | 24 | €6,742 | €3,489 | -€3,253 | -48.2% |
| Other tangible fixed assets | 26 | €136,105 | €146,522 | +€10,417 | +7.7% |
| Financial fixed assets | 28 | €4,095 | €4,095 | = | 0.0% |
| Current assets | 29/58 | €243,139 | €475,912 | +€232,772 | +95.7% |
| Stocks and contracts in progress | 3 | €1,627 | €947 | -€681 | -41.8% |
| Stocks | 30/36 | €1,627 | €947 | -€681 | -41.8% |
| Amounts receivable within one year | 40/41 | €190,849 | €421,872 | +€231,023 | +121% |
| Trade receivables | 40 | €156,831 | €378,743 | +€221,912 | +141% |
| Other amounts receivable | 41 | €34,018 | €43,129 | +€9,111 | +26.8% |
| Current investments | 50/53 | €6,073 | €26,562 | +€20,489 | +337% |
| Cash at bank and in hand | 54/58 | €44,427 | €24,213 | -€20,214 | -45.5% |
| Deferred charges and accrued income | 490/1 | €163 | €2,319 | +€2,156 | +1,321% |
| Total equity and liabilities | 10/49 | €390,694 | €630,108 | +€239,414 | +61.3% |
| Equity | 10/15 | €107,459 | €138,712 | +€31,253 | +29.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €22,259 | €22,259 | = | 0.0% |
| Distributable reserves | 133 | €22,259 | €22,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,608 | €97,861 | +€31,253 | +46.9% |
| Amounts payable | 17/49 | €283,235 | €491,396 | +€208,161 | +73.5% |
| Amounts payable after more than one year | 17 | €1,018 | €1,018 | = | 0.0% |
| Other amounts payable | 178/9 | €1,018 | €1,018 | = | 0.0% |
| Amounts payable within one year | 42/48 | €276,467 | €479,892 | +€203,425 | +73.6% |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €129,485 | €249,508 | +€120,023 | +92.7% |
| Suppliers | 440/4 | €129,485 | €249,508 | +€120,023 | +92.7% |
| Advances received on contracts in progress | 46 | €2,396 | €71,896 | +€69,500 | +2,901% |
| Taxes, remuneration and social security | 45 | €95,503 | €118,627 | +€23,124 | +24.2% |
| Taxes | 450/3 | €16,352 | €13,906 | -€2,446 | -15.0% |
| Remuneration and social security | 454/9 | €79,150 | €104,720 | +€25,570 | +32.3% |
| Other amounts payable | 47/48 | €14,083 | €4,862 | -€9,221 | -65.5% |
| Accrued charges and deferred income | 492/3 | €5,750 | €10,485 | +€4,735 | +82.4% |
| Remuneration, social security and pensions | 62 | €417,589 | €522,777 | +€105,188 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,725 | €28,918 | +€2,193 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,857 | -€15,249 | -€17,106 | |
| Other operating charges | 640/8 | €23,185 | €54,277 | +€31,092 | +134% |
| Gross operating margin | 9900 | €475,894 | €628,645 | +€152,751 | +32.1% |
| Operating profit (loss) | 9901 | €6,538 | €37,922 | +€31,385 | +480% |
| Financial income | 75/76B | €2,618 | €762 | -€1,856 | -70.9% |
| Recurring financial income | 75 | €2,618 | €762 | -€1,856 | -70.9% |
| Financial charges | 65/66B | €2,919 | €3,761 | +€842 | +28.8% |
| Recurring financial charges | 65 | €2,919 | €3,761 | +€842 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €6,236 | €34,923 | +€28,687 | +460% |
| Income taxes | 67/77 | €206 | €3,670 | +€3,464 | +1,684% |
| Profit (loss) for the period | 9904 | €6,031 | €31,253 | +€25,223 | +418% |
| Profit (loss) for the period to be appropriated | 9905 | €6,031 | €31,253 | +€25,223 | +418% |
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 28 October 2026 via checked.be.