IMMOPAK: 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.
IMMOPAK
Largest movements
- Receivables within one year -€156,597
down €156,597 (-47.7%), from €328,106 to €171,509
of which Trade receivables: -€156,596
- Tax, wage and social debts -€125,064
down €125,064 (-89.5%), from €139,667 to €14,603
- Other debts -€15,338
no longer reported in 2023 (was €15,338)
- Trade debts -€14,010
down €14,010 (-68.5%), from €20,442 to €6,432
of which Bills of exchange payable: -€13,822
- Gross operating margin -€9,959
no longer reported in 2023 (was €9,959)
- Financial charges +€363
up €363 (+133%), from €273 to €636
From the 2022 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €328,178 | €173,027 | -€155,151 | -47.3% |
| Current assets | 29/58 | €328,178 | €173,027 | -€155,151 | -47.3% |
| Amounts receivable within one year | 40/41 | €328,106 | €171,509 | -€156,597 | -47.7% |
| Trade receivables | 40 | €326,104 | €169,508 | -€156,596 | -48.0% |
| Other amounts receivable | 41 | €2,002 | €2,001 | -€1 | 0.0% |
| Current investments | 50/53 | €70 | €70 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €3 | €1,448 | +€1,445 | +56,242% |
| Total equity and liabilities | 10/49 | €328,178 | €173,027 | -€155,151 | -47.3% |
| Equity | 10/15 | €152,628 | €151,992 | -€636 | -0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,428 | €83,792 | -€636 | -0.8% |
| Amounts payable | 17/49 | €175,550 | €21,035 | -€154,515 | -88.0% |
| Amounts payable within one year | 42/48 | €175,550 | €21,035 | -€154,515 | -88.0% |
| Financial debts | 43 | €103 | - | -€103 | |
| Credit institutions | 430/8 | €103 | - | -€103 | |
| Trade debts | 44 | €20,442 | €6,432 | -€14,010 | -68.5% |
| Suppliers | 440/4 | €6,620 | €6,432 | -€188 | -2.8% |
| Bills of exchange payable | 441 | €13,822 | - | -€13,822 | |
| Taxes, remuneration and social security | 45 | €139,667 | €14,603 | -€125,064 | -89.5% |
| Taxes | 450/3 | €139,667 | €14,603 | -€125,064 | -89.5% |
| Other amounts payable | 47/48 | €15,338 | - | -€15,338 | |
| Gross operating margin | 9900 | €9,959 | - | -€9,959 | |
| Operating profit (loss) | 9901 | €9,959 | - | -€9,959 | |
| Financial charges | 65/66B | €273 | €636 | +€363 | +133% |
| Recurring financial charges | 65 | €273 | €636 | +€363 | +133% |
| Profit (loss) for the period before taxes | 9903 | €9,686 | -€636 | -€10,322 | |
| Profit (loss) for the period | 9904 | €9,686 | -€636 | -€10,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,686 | -€636 | -€10,322 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.