IMMOPAR: 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.
What changed
IMMOPAR
NACE 91.420, Libraries, archives, museums and other cultural activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€69,730
2023 · €77,789-€8,059
Equity
€1.4m
2023 · €1.4m+€69,730
Cash
€63,983
2023 · €29,398+€34,585
Balance sheet total
€7.0m
2023 · €6.7m+€296,820
Largest movements
Assets
- Tangible fixed assets +€254,766
up €254,766 (+3.8%), from €6.6m to €6.9m
of which Land and buildings: +€272,954
Equity and liabilities
- Debts after one year +€265,204
new in 2024: €265,204
- Short-term financial debts +€77,438
new in 2024: €77,438
- Other debts -€70,000
down €70,000 (-1.4%), from €4.9m to €4.8m
- Profit (loss) carried forward +€69,730
up €69,730 (+16.7%), from €418,477 to €488,207
Income statement
- Depreciation +€68,771
up €68,771 (+18.2%), from €378,118 to €446,889
- Gross operating margin +€64,005
up €64,005 (+10.1%), from €630,857 to €694,862
- Financial charges -€20,833
down €20,833 (-62.4%), from €33,393 to €12,560
- Write-downs +€12,500
no longer reported in 2024 (was -€12,500)
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.
Result 2023
€77,789
Gross operating margin
+€64,005
Depreciation
-€68,771
Write-downs
-€12,500
Other operating charges
-€5,790
Financial income
-€1,229
Financial charges
+€20,833
Taxes
-€4,607
Result 2024
€69,730
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.
From operations
+€452,588
Investment
-€701,655
Financing
+€283,652
Cash 2023
€29,398
From operations (derived)
+€452,588
Net result for the year
+€69,730
Depreciation
+€446,889
Receivables within one year
-€7,469
Trade debts
+€13,985
Tax, wage and social debts
-€547
Other debts
-€70,000
Investment (derived)
-€701,655
Investment in fixed assets (net)
-€701,655
Financing
+€283,652
Debts after one year
+€265,204
Current portion of long-term debt
-€58,990
Short-term financial debts
+€77,438
Cash 2024
€63,983
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,660,378 | €6,957,198 | +€296,820 | +4.5% |
| Fixed assets | 21/28 | €6,630,980 | €6,885,746 | +€254,766 | +3.8% |
| Tangible fixed assets | 22/27 | €6,630,980 | €6,885,746 | +€254,766 | +3.8% |
| Land and buildings | 22 | €6,573,502 | €6,846,456 | +€272,954 | +4.2% |
| Furniture and vehicles | 24 | €57,478 | €39,290 | -€18,188 | -31.6% |
| Current assets | 29/58 | €29,398 | €71,452 | +€42,054 | +143.1% |
| Amounts receivable within one year | 40/41 | - | €7,469 | +€7,469 | |
| Trade receivables | 40 | - | €354 | +€354 | |
| Other amounts receivable | 41 | - | €7,115 | +€7,115 | |
| Cash at bank and in hand | 54/58 | €29,398 | €63,983 | +€34,585 | +117.6% |
| Total equity and liabilities | 10/49 | €6,660,378 | €6,957,198 | +€296,820 | +4.5% |
| Equity | 10/15 | €1,379,584 | €1,449,314 | +€69,730 | +5.1% |
| Contributions | 10/11 | €547,349 | €547,349 | = | 0.0% |
| Capital | 10 | €547,349 | €547,349 | = | 0.0% |
| Issued capital | 100 | €547,349 | €547,349 | = | 0.0% |
| Reserves | 13 | €413,758 | €413,758 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,735 | €54,735 | = | 0.0% |
| Legal reserve | 130 | €54,735 | €54,735 | = | 0.0% |
| Distributable reserves | 133 | €359,023 | €359,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | €418,477 | €488,207 | +€69,730 | +16.7% |
| Provisions and deferred taxes | 16 | €220,000 | €220,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €220,000 | €220,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €220,000 | €220,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,060,794 | €5,287,884 | +€227,090 | +4.5% |
| Amounts payable after more than one year | 17 | - | €265,204 | +€265,204 | |
| Financial debts | 170/4 | - | €265,204 | +€265,204 | |
| Amounts payable within one year | 42/48 | €5,048,443 | €5,010,329 | -€38,114 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €58,990 | - | -€58,990 | |
| Financial debts | 43 | - | €77,438 | +€77,438 | |
| Credit institutions | 430/8 | - | €77,438 | +€77,438 | |
| Trade debts | 44 | €76,475 | €90,460 | +€13,985 | +18.3% |
| Suppliers | 440/4 | €76,475 | €90,460 | +€13,985 | +18.3% |
| Taxes, remuneration and social security | 45 | €23,733 | €23,186 | -€547 | -2.3% |
| Taxes | 450/3 | €23,733 | €23,186 | -€547 | -2.3% |
| Other amounts payable | 47/48 | €4,889,245 | €4,819,245 | -€70,000 | -1.4% |
| Accrued charges and deferred income | 492/3 | €12,351 | €12,351 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,118 | €446,889 | +€68,771 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,500 | - | +€12,500 | |
| Other operating charges | 640/8 | €135,660 | €141,450 | +€5,790 | +4.3% |
| Gross operating margin | 9900 | €630,857 | €694,862 | +€64,005 | +10.1% |
| Operating profit (loss) | 9901 | €129,579 | €106,523 | -€23,056 | -17.8% |
| Financial income | 75/76B | €2,776 | €1,547 | -€1,229 | -44.3% |
| Recurring financial income | 75 | €2,776 | €1,547 | -€1,229 | -44.3% |
| Financial charges | 65/66B | €33,393 | €12,560 | -€20,833 | -62.4% |
| Recurring financial charges | 65 | €33,393 | €12,560 | -€20,833 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €98,962 | €95,510 | -€3,452 | -3.5% |
| Income taxes | 67/77 | €21,173 | €25,780 | +€4,607 | +21.8% |
| Profit (loss) for the period | 9904 | €77,789 | €69,730 | -€8,059 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,789 | €69,730 | -€8,059 | -10.4% |
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 8 October 2026 via checked.be.