IMMOGEEST: 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.
IMMOGEEST
Largest movements
- Tangible fixed assets -€22,260
down €22,260 (-10.2%), from €218,891 to €196,631
of which Land and buildings: -€21,561
- Profit (loss) carried forward -€16,250
down €16,250 (-29.2%), from -€55,610 to -€71,861
- Revaluation surpluses -€12,120
down €12,120 (-9.1%), from €133,340 to €121,220
- Reserves +€12,120
up €12,120 (+18.2%), from €66,660 to €78,780
- Other debts -€8,589
down €8,589 (-15.0%), from €57,277 to €48,689
- Gross operating margin +€734
up €734 (+10.5%), from €6,965 to €7,699
- Other operating charges +€404
up €404 (+13.7%), from €2,953 to €3,357
From the 2021 result to the 2023 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 | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,213 | €202,049 | -€23,164 | -10.3% |
| Fixed assets | 21/28 | €218,891 | €196,631 | -€22,260 | -10.2% |
| Tangible fixed assets | 22/27 | €218,891 | €196,631 | -€22,260 | -10.2% |
| Land and buildings | 22 | €217,459 | €195,898 | -€21,561 | -9.9% |
| Plant, machinery and equipment | 23 | €1,432 | €733 | -€699 | -48.8% |
| Current assets | 29/58 | €6,322 | €5,418 | -€904 | -14.3% |
| Amounts receivable within one year | 40/41 | €6,305 | €5,415 | -€890 | -14.1% |
| Other amounts receivable | 41 | €6,305 | €5,415 | -€890 | -14.1% |
| Cash at bank and in hand | 54/58 | €17 | €3 | -€14 | -81.4% |
| Total equity and liabilities | 10/49 | €225,213 | €202,049 | -€23,164 | -10.3% |
| Equity | 10/15 | €162,982 | €146,731 | -€16,250 | -10.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €133,340 | €121,220 | -€12,120 | -9.1% |
| Reserves | 13 | €66,660 | €78,780 | +€12,120 | +18.2% |
| Distributable reserves | 133 | €66,660 | €78,780 | +€12,120 | +18.2% |
| Profit (loss) carried forward | 14 | -€55,610 | -€71,861 | -€16,250 | -29.2% |
| Amounts payable | 17/49 | €62,231 | €55,317 | -€6,914 | -11.1% |
| Amounts payable within one year | 42/48 | €62,231 | €55,317 | -€6,914 | -11.1% |
| Trade debts | 44 | €4,954 | €6,629 | +€1,675 | +33.8% |
| Suppliers | 440/4 | €4,954 | €6,629 | +€1,675 | +33.8% |
| Other amounts payable | 47/48 | €57,277 | €48,689 | -€8,589 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,138 | €11,130 | -€8 | -0.1% |
| Other operating charges | 640/8 | €2,953 | €3,357 | +€404 | +13.7% |
| Gross operating margin | 9900 | €6,965 | €7,699 | +€734 | +10.5% |
| Operating profit (loss) | 9901 | -€7,127 | -€6,788 | +€338 | +4.7% |
| Financial charges | 65/66B | €53 | €72 | +€19 | +34.8% |
| Recurring financial charges | 65 | €53 | €72 | +€19 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,180 | -€6,860 | +€320 | +4.5% |
| Profit (loss) for the period | 9904 | -€7,180 | -€6,860 | +€320 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,180 | -€6,860 | +€320 | +4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.