IMMONTZEN: 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.
IMMONTZEN
Largest movements
- Cash +€52,497
up €52,497 (+455.0%), from €11,538 to €64,035
mainly Depreciation (+€60,183) and Trade debts (+€33,140)
- Tangible fixed assets -€42,550
down €42,550 (-10.7%), from €396,682 to €354,133
of which Land and buildings: -€45,651
- Debts after one year -€35,451
down €35,451 (-21.4%), from €165,978 to €130,527
- Trade debts +€33,140
up €33,140 (+434.9%), from €7,620 to €40,759
- Reserves +€8,000
up €8,000 (+12.8%), from €62,500 to €70,500
- Gross operating margin +€10,957
up €10,957 (+14.3%), from €76,634 to €87,591
- Taxes +€3,412
up €3,412 (+162.1%), from €2,105 to €5,517
- Other operating charges -€1,602
down €1,602 (-18.9%), from €8,485 to €6,883
- Financial charges -€1,184
down €1,184 (-14.7%), from €8,067 to €6,883
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 | €429,890 | €440,256 | +€10,366 | +2.4% |
| Fixed assets | 21/28 | €396,682 | €354,133 | -€42,550 | -10.7% |
| Tangible fixed assets | 22/27 | €396,682 | €354,133 | -€42,550 | -10.7% |
| Land and buildings | 22 | €392,751 | €347,100 | -€45,651 | -11.6% |
| Furniture and vehicles | 24 | €3,931 | €7,033 | +€3,102 | +78.9% |
| Current assets | 29/58 | €33,207 | €86,123 | +€52,916 | +159.4% |
| Amounts receivable within one year | 40/41 | €21,669 | €22,088 | +€419 | +1.9% |
| Trade receivables | 40 | €21,669 | €22,088 | +€419 | +1.9% |
| Cash at bank and in hand | 54/58 | €11,538 | €64,035 | +€52,497 | +455.0% |
| Total equity and liabilities | 10/49 | €429,890 | €440,256 | +€10,366 | +2.4% |
| Equity | 10/15 | €167,311 | €175,436 | +€8,124 | +4.9% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €62,500 | €70,500 | +€8,000 | +12.8% |
| Distributable reserves | 133 | €62,500 | €70,500 | +€8,000 | +12.8% |
| Profit (loss) carried forward | 14 | €49,011 | €49,136 | +€124 | +0.3% |
| Amounts payable | 17/49 | €262,578 | €264,820 | +€2,242 | +0.9% |
| Amounts payable after more than one year | 17 | €165,978 | €130,527 | -€35,451 | -21.4% |
| Financial debts | 170/4 | €165,978 | €130,527 | -€35,451 | -21.4% |
| Amounts payable within one year | 42/48 | €96,601 | €134,293 | +€37,692 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €34,257 | €35,451 | +€1,193 | +3.5% |
| Trade debts | 44 | €7,620 | €40,759 | +€33,140 | +434.9% |
| Suppliers | 440/4 | €7,620 | €40,759 | +€33,140 | +434.9% |
| Taxes, remuneration and social security | 45 | €20,021 | €24,314 | +€4,293 | +21.4% |
| Taxes | 450/3 | €20,021 | €24,314 | +€4,293 | +21.4% |
| Other amounts payable | 47/48 | €34,703 | €33,770 | -€934 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,405 | €60,183 | +€778 | +1.3% |
| Other operating charges | 640/8 | €8,485 | €6,883 | -€1,602 | -18.9% |
| Gross operating margin | 9900 | €76,634 | €87,591 | +€10,957 | +14.3% |
| Operating profit (loss) | 9901 | €8,745 | €20,525 | +€11,780 | +134.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,067 | €6,883 | -€1,184 | -14.7% |
| Recurring financial charges | 65 | €8,067 | €6,883 | -€1,184 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €677 | €13,642 | +€12,964 | +1913.9% |
| Income taxes | 67/77 | €2,105 | €5,517 | +€3,412 | +162.1% |
| Profit (loss) for the period | 9904 | -€1,428 | €8,124 | +€9,552 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,428 | €8,124 | +€9,552 |
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 11 October 2026 via checked.be.