IMMOPS: 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
IMMOPS
NACE 77.320, Rental and leasing activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€56,064
2023 · €16,850+€39,214
Equity
€7.6m
2023 · €7.6m+€56,064
Cash
€175,877
2023 · €83,388+€92,489
Balance sheet total
€13.3m
2023 · €11.6m+€1.6m
Largest movements
Assets
- Financial fixed assets +€876,000
up €876,000 (+11.5%), from €7.6m to €8.5m
of which Affiliated companies: +€876,000
- Tangible fixed assets +€699,492
up €699,492 (+22.3%), from €3.1m to €3.8m
of which Land and buildings: +€712,785
Equity and liabilities
- Debts after one year +€1.3m
up €1.3m (+42.0%), from €3.2m to €4.5m
of which Financial debts: +€1.3m
- Current portion of long-term debt +€192,238
up €192,238 (+71.1%), from €270,357 to €462,595
Income statement
- Turnover +€503,624
up €503,624 (+36.0%), from €1.4m to €1.9m
- Goods and materials +€494,644
up €494,644 (+37.2%), from €1.3m to €1.8m
- Other operating income +€83,557
up €83,557 (+4.4%), from €1.9m to €2.0m
- Financial charges +€69,994
up €69,994 (+55.1%), from €127,089 to €197,084
- Staff costs +€52,822
up €52,822 (+7.4%), from €716,944 to €769,765
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
€16,850
Turnover
+€503,624
Other operating income
+€83,557
Goods and materials
-€494,644
Services and other goods
+€40,099
Staff costs
-€52,822
Depreciation
-€44,147
Other operating charges
-€5,375
Other operating items
+€94,664
Financial income
-€1
Financial charges
-€69,994
Taxes
-€18,807
Deferred taxes and other
+€3,060
Result 2024
€56,064
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
+€464,565
Investment
-€1.9m
Financing
+€1.5m
Cash 2023
€83,388
From operations (derived)
+€464,565
Net result for the year
+€56,064
Depreciation
+€379,275
Smaller working-capital items
+€382
Trade debts
+€7,720
Tax, wage and social debts
+€21,124
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€1.9m
Financing
+€1.5m
Debts after one year
+€1.3m
Current portion of long-term debt
+€192,238
Short-term financial debts
+€8,763
Cash 2024
€175,877
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,631,813 | €13,250,899 | +€1.6m | +13.9% |
| Fixed assets | 21/28 | €10,819,007 | €12,349,761 | +€1.5m | +14.1% |
| Intangible fixed assets | 21 | €76,151 | €31,414 | -€44,737 | -58.7% |
| Tangible fixed assets | 22/27 | €3,141,856 | €3,841,347 | +€699,492 | +22.3% |
| Land and buildings | 22 | €3,037,714 | €3,750,499 | +€712,785 | +23.5% |
| Plant, machinery and equipment | 23 | €95,220 | €87,956 | -€7,264 | -7.6% |
| Furniture and vehicles | 24 | €8,922 | €2,893 | -€6,030 | -67.6% |
| Financial fixed assets | 28 | €7,601,000 | €8,477,000 | +€876,000 | +11.5% |
| Affiliated companies | 280/1 | €7,600,000 | €8,476,000 | +€876,000 | +11.5% |
| Participating interests | 280 | €7,600,000 | €8,476,000 | +€876,000 | +11.5% |
| Other financial fixed assets | 284/8 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €812,805 | €901,137 | +€88,332 | +10.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €716,817 | €714,296 | -€2,522 | -0.4% |
| Trade receivables | 40 | €677,692 | €685,310 | +€7,618 | +1.1% |
| Other amounts receivable | 41 | €39,125 | €28,985 | -€10,140 | -25.9% |
| Cash at bank and in hand | 54/58 | €83,388 | €175,877 | +€92,489 | +110.9% |
| Deferred charges and accrued income | 490/1 | €12,600 | €10,965 | -€1,636 | -13.0% |
| Total equity and liabilities | 10/49 | €11,631,813 | €13,250,899 | +€1.6m | +13.9% |
| Equity | 10/15 | €7,566,227 | €7,622,290 | +€56,064 | +0.7% |
| Contributions | 10/11 | €5,227,250 | €5,227,250 | = | 0.0% |
| Capital | 10 | €5,225,000 | €5,225,000 | = | 0.0% |
| Issued capital | 100 | €5,225,000 | €5,225,000 | = | 0.0% |
| Outside capital | 11 | €2,250 | €2,250 | = | 0.0% |
| Share premium | 1100/10 | €2,250 | €2,250 | = | 0.0% |
| Reserves | 13 | €2,336,103 | €2,395,040 | +€58,938 | +2.5% |
| Non-distributable reserves | 130/1 | €340,500 | €344,000 | +€3,500 | +1.0% |
| Legal reserve | 130 | €340,500 | €344,000 | +€3,500 | +1.0% |
| Tax-exempt reserves | 132 | €585,603 | €576,424 | -€9,179 | -1.6% |
| Distributable reserves | 133 | €1,410,000 | €1,474,617 | +€64,617 | +4.6% |
| Profit (loss) carried forward | 14 | €2,874 | €0 | -€2,874 | -100.0% |
| Provisions and deferred taxes | 16 | €195,201 | €192,141 | -€3,060 | -1.6% |
| Deferred taxes | 168 | €195,201 | €192,141 | -€3,060 | -1.6% |
| Amounts payable | 17/49 | €3,870,385 | €5,436,467 | +€1.6m | +40.5% |
| Amounts payable after more than one year | 17 | €3,183,732 | €4,520,684 | +€1.3m | +42.0% |
| Financial debts | 170/4 | €404,732 | €1,741,684 | +€1.3m | +330.3% |
| Credit institutions | 173 | €404,732 | €1,741,684 | +€1.3m | +330.3% |
| Other amounts payable | 178/9 | €2,779,000 | €2,779,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €686,653 | €915,782 | +€229,130 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €270,357 | €462,595 | +€192,238 | +71.1% |
| Financial debts | 43 | €68,283 | €77,046 | +€8,763 | +12.8% |
| Other loans | 439 | €68,283 | €77,046 | +€8,763 | +12.8% |
| Trade debts | 44 | €184,738 | €192,458 | +€7,720 | +4.2% |
| Suppliers | 440/4 | €184,738 | €192,458 | +€7,720 | +4.2% |
| Taxes, remuneration and social security | 45 | €135,592 | €156,715 | +€21,124 | +15.6% |
| Taxes | 450/3 | €34,895 | €63,938 | +€29,043 | +83.2% |
| Remuneration and social security | 454/9 | €100,696 | €92,777 | -€7,919 | -7.9% |
| Other amounts payable | 47/48 | €27,683 | €26,968 | -€715 | -2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €3,319,636 | €3,907,273 | +€587,637 | +17.7% |
| Turnover | 70 | €1,400,284 | €1,903,908 | +€503,624 | +36.0% |
| Other operating income | 74 | €1,919,351 | €2,002,908 | +€83,557 | +4.4% |
| Non-recurring operating income | 76A | €0 | €457 | +€457 | |
| Operating charges | 60/66A | €3,146,606 | €3,609,287 | +€462,681 | +14.7% |
| Goods for resale, raw materials and consumables | 60 | €1,330,484 | €1,825,127 | +€494,644 | +37.2% |
| Purchases | 600/8 | €1,330,484 | €1,825,127 | +€494,644 | +37.2% |
| Services and other goods | 61 | €619,969 | €579,870 | -€40,099 | -6.5% |
| Remuneration, social security and pensions | 62 | €716,944 | €769,765 | +€52,822 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,128 | €379,275 | +€44,147 | +13.2% |
| Other operating charges | 640/8 | €49,875 | €55,250 | +€5,375 | +10.8% |
| Non-recurring operating charges | 66A | €94,208 | €0 | -€94,208 | -100.0% |
| Operating profit (loss) | 9901 | €173,030 | €297,986 | +€124,956 | +72.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -65.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -65.8% |
| Other financial income | 752/9 | €1 | €0 | -€1 | -65.8% |
| Financial charges | 65/66B | €127,089 | €197,084 | +€69,994 | +55.1% |
| Recurring financial charges | 65 | €127,089 | €197,084 | +€69,994 | +55.1% |
| Debt charges | 650 | €126,182 | €191,144 | +€64,961 | +51.5% |
| Other financial charges | 652/9 | €907 | €5,940 | +€5,033 | +554.8% |
| Profit (loss) for the period before taxes | 9903 | €45,941 | €100,902 | +€54,961 | +119.6% |
| Transfer from deferred taxes | 780 | - | €3,060 | +€3,060 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €29,091 | €47,898 | +€18,807 | +64.6% |
| Taxes | 670/3 | €29,091 | €47,898 | +€18,807 | +64.6% |
| Profit (loss) for the period | 9904 | €16,850 | €56,064 | +€39,214 | +232.7% |
| Transfer from tax-exempt reserves | 789 | - | €9,179 | +€9,179 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €16,850 | €65,243 | +€48,393 | +287.2% |
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 7 October 2026 via checked.be.