IMMODELNA: 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.
IMMODELNA
Largest movements
- Stocks and contracts +€91,703
up €91,703 (+37.6%), from €243,625 to €335,328
- Cash -€22,055
down €22,055 (-56.7%), from €38,876 to €16,822
mainly Stocks and contracts (-€91,703) and Net result for the year (-€28,791)
- Tangible fixed assets -€5,776
down €5,776 (-4.5%), from €127,139 to €121,363
of which Land and buildings: -€5,602
- Other debts +€87,051
up €87,051 (+22.2%), from €391,546 to €478,597
- Profit (loss) carried forward -€28,791
down €28,791 (-44.3%), from -€64,946 to -€93,737
- Trade debts +€8,355
up €8,355 (+414.2%), from €2,017 to €10,373
- Gross operating margin -€8,314
down €8,314 (-71.3%), from -€11,667 to -€19,981
- Other operating charges +€464
up €464 (+48.7%), from €953 to €1,418
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 | €414,055 | €478,371 | +€64,316 | +15.5% |
| Fixed assets | 21/28 | €127,139 | €121,363 | -€5,776 | -4.5% |
| Tangible fixed assets | 22/27 | €127,139 | €121,363 | -€5,776 | -4.5% |
| Land and buildings | 22 | €117,923 | €112,322 | -€5,602 | -4.8% |
| Plant, machinery and equipment | 23 | €7,931 | €8,237 | +€306 | +3.9% |
| Furniture and vehicles | 24 | €1,285 | €805 | -€480 | -37.4% |
| Current assets | 29/58 | €286,916 | €357,008 | +€70,092 | +24.4% |
| Stocks and contracts in progress | 3 | €243,625 | €335,328 | +€91,703 | +37.6% |
| Stocks | 30/36 | €243,625 | €335,328 | +€91,703 | +37.6% |
| Amounts receivable within one year | 40/41 | €4,414 | €4,858 | +€444 | +10.1% |
| Trade receivables | 40 | - | €4,608 | +€4,608 | |
| Other amounts receivable | 41 | €4,414 | €250 | -€4,164 | -94.3% |
| Cash at bank and in hand | 54/58 | €38,876 | €16,822 | -€22,055 | -56.7% |
| Total equity and liabilities | 10/49 | €414,055 | €478,371 | +€64,316 | +15.5% |
| Equity | 10/15 | €5,054 | -€23,737 | -€28,791 | |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,946 | -€93,737 | -€28,791 | -44.3% |
| Amounts payable | 17/49 | €409,000 | €502,107 | +€93,107 | +22.8% |
| Amounts payable within one year | 42/48 | €409,000 | €502,107 | +€93,107 | +22.8% |
| Trade debts | 44 | €2,017 | €10,373 | +€8,355 | +414.2% |
| Suppliers | 440/4 | €2,017 | €10,373 | +€8,355 | +414.2% |
| Taxes, remuneration and social security | 45 | €15,437 | €13,137 | -€2,299 | -14.9% |
| Taxes | 450/3 | €4,187 | €3,137 | -€1,049 | -25.1% |
| Remuneration and social security | 454/9 | €11,250 | €10,000 | -€1,250 | -11.1% |
| Other amounts payable | 47/48 | €391,546 | €478,597 | +€87,051 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,141 | €7,196 | +€55 | +0.8% |
| Other operating charges | 640/8 | €953 | €1,418 | +€464 | +48.7% |
| Gross operating margin | 9900 | -€11,667 | -€19,981 | -€8,314 | -71.3% |
| Operating profit (loss) | 9901 | -€19,761 | -€28,594 | -€8,833 | -44.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €353 | €202 | -€151 | -42.7% |
| Recurring financial charges | 65 | €353 | €202 | -€151 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,114 | -€28,791 | -€8,677 | -43.1% |
| Profit (loss) for the period | 9904 | -€20,114 | -€28,791 | -€8,677 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,114 | -€28,791 | -€8,677 | -43.1% |
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 9 October 2026 via checked.be.