Immoferm: 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.
Immoferm
Largest movements
- Cash -€111,069
down €111,069 (-20.1%), from €553,939 to €442,870
mainly Tax, wage and social debts (-€104,538) and Net result for the year (-€9,687)
- Tax, wage and social debts -€104,538
no longer reported in 2024 (was €104,538)
- Profit (loss) carried forward -€9,687
down €9,687, from €8,095 to -€1,592
- Gross operating margin +€669
up €669 (+13.5%), from -€4,949 to -€4,281
- Financial charges +€358
up €358 (+75.1%), from €477 to €835
- Financial income +€64
up €64 (+25.5%), from €252 to €316
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 | €603,187 | €489,627 | -€113,560 | -18.8% |
| Fixed assets | 21/28 | €48,735 | €46,245 | -€2,490 | -5.1% |
| Tangible fixed assets | 22/27 | €48,716 | €46,245 | -€2,472 | -5.1% |
| Land and buildings | 22 | €48,716 | €46,245 | -€2,472 | -5.1% |
| Financial fixed assets | 28 | €19 | - | -€19 | |
| Current assets | 29/58 | €554,452 | €443,382 | -€111,070 | -20.0% |
| Cash at bank and in hand | 54/58 | €553,939 | €442,870 | -€111,069 | -20.1% |
| Deferred charges and accrued income | 490/1 | €513 | €512 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €603,187 | €489,627 | -€113,560 | -18.8% |
| Equity | 10/15 | €487,338 | €477,650 | -€9,687 | -2.0% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Capital | 10 | €230,000 | €230,000 | = | 0.0% |
| Issued capital | 100 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €249,242 | €249,242 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,000 | €23,000 | = | 0.0% |
| Legal reserve | 130 | €23,000 | €23,000 | = | 0.0% |
| Distributable reserves | 133 | €226,242 | €226,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,095 | -€1,592 | -€9,687 | |
| Amounts payable | 17/49 | €115,849 | €11,976 | -€103,873 | -89.7% |
| Amounts payable within one year | 42/48 | €114,674 | €11,001 | -€103,673 | -90.4% |
| Trade debts | 44 | €3,149 | €2,650 | -€499 | -15.8% |
| Suppliers | 440/4 | €3,149 | €2,650 | -€499 | -15.8% |
| Taxes, remuneration and social security | 45 | €104,538 | - | -€104,538 | |
| Taxes | 450/3 | €104,538 | - | -€104,538 | |
| Other amounts payable | 47/48 | €6,987 | €8,351 | +€1,364 | +19.5% |
| Accrued charges and deferred income | 492/3 | €1,175 | €976 | -€200 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,472 | €2,472 | = | 0.0% |
| Other operating charges | 640/8 | €2,458 | €2,417 | -€41 | -1.7% |
| Gross operating margin | 9900 | -€4,949 | -€4,281 | +€669 | +13.5% |
| Operating profit (loss) | 9901 | -€9,879 | -€9,169 | +€710 | +7.2% |
| Financial income | 75/76B | €252 | €316 | +€64 | +25.5% |
| Recurring financial income | 75 | €252 | €316 | +€64 | +25.5% |
| Financial charges | 65/66B | €477 | €835 | +€358 | +75.1% |
| Recurring financial charges | 65 | €477 | €835 | +€358 | +75.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,104 | -€9,687 | +€416 | +4.1% |
| Profit (loss) for the period | 9904 | -€10,104 | -€9,687 | +€416 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,104 | -€9,687 | +€416 | +4.1% |
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 1 October 2026 via checked.be.