IMMOFRAN: 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.
IMMOFRAN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€10,754
up €10,754 (+4.8%), from -€225,171 to -€214,417
- Other debts -€10,495
down €10,495 (-8.5%), from €122,935 to €112,440
- Gross operating margin +€6,982
up €6,982 (+84.6%), from €8,257 to €15,238
- Other operating charges -€1,194
down €1,194 (-70.3%), from €1,700 to €505
- Financial charges +€351
up €351 (+103.2%), from €340 to €691
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,220 | €529,007 | +€787 | +0.1% |
| Fixed assets | 21/28 | €527,273 | €523,734 | -€3,539 | -0.7% |
| Tangible fixed assets | 22/27 | €527,273 | €523,734 | -€3,539 | -0.7% |
| Land and buildings | 22 | €515,681 | €517,451 | +€1,769 | +0.3% |
| Plant, machinery and equipment | 23 | €11,592 | €6,283 | -€5,308 | -45.8% |
| Current assets | 29/58 | €947 | €5,273 | +€4,326 | +456.9% |
| Cash at bank and in hand | 54/58 | €947 | €5,273 | +€4,326 | +456.9% |
| Total equity and liabilities | 10/49 | €528,220 | €529,007 | +€787 | +0.1% |
| Equity | 10/15 | €405,284 | €416,039 | +€10,754 | +2.7% |
| Contributions | 10/11 | €573,192 | €573,192 | = | 0.0% |
| Capital | 10 | €572,634 | €572,634 | = | 0.0% |
| Issued capital | 100 | €572,634 | €572,634 | = | 0.0% |
| Outside capital | 11 | €558 | €558 | = | 0.0% |
| Share premium | 1100/10 | €558 | €558 | = | 0.0% |
| Reserves | 13 | €57,263 | €57,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,263 | €57,263 | = | 0.0% |
| Legal reserve | 130 | €57,263 | €57,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,171 | -€214,417 | +€10,754 | +4.8% |
| Amounts payable | 17/49 | €122,935 | €112,969 | -€9,967 | -8.1% |
| Amounts payable within one year | 42/48 | €122,935 | €112,969 | -€9,967 | -8.1% |
| Trade debts | 44 | - | €528 | +€528 | |
| Suppliers | 440/4 | - | €528 | +€528 | |
| Other amounts payable | 47/48 | €122,935 | €112,440 | -€10,495 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €1,769 | -€22 | -1.2% |
| Other operating charges | 640/8 | €1,700 | €505 | -€1,194 | -70.3% |
| Gross operating margin | 9900 | €8,257 | €15,238 | +€6,982 | +84.6% |
| Operating profit (loss) | 9901 | €4,766 | €12,963 | +€8,197 | +172.0% |
| Financial charges | 65/66B | €340 | €691 | +€351 | +103.2% |
| Recurring financial charges | 65 | €340 | €691 | +€351 | +103.2% |
| Profit (loss) for the period before taxes | 9903 | €4,426 | €12,272 | +€7,846 | +177.3% |
| Profit (loss) for the period | 9904 | €4,426 | €12,272 | +€7,846 | +177.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,426 | €12,272 | +€7,846 | +177.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 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.