IMMOPUB: 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.
IMMOPUB
Largest movements
- Cash -€136,885
down €136,885 (-27.6%), from €495,621 to €358,737
mainly Investment in fixed assets (net) (-€139,575) and Receivables within one year (-€27,151)
- Tangible fixed assets +€103,952
up €103,952 (+210%), from €49,425 to €153,377
of which Furniture and vehicles: +€103,067
- Receivables within one year +€27,151
up €27,151 (+7.1%), from €381,997 to €409,148
of which Other amounts receivable: +€49,034
- Financial fixed assets -€16,149
down €16,149 (-24.7%), from €65,250 to €49,101
- Tax, wage and social debts -€22,582
down €22,582 (-98.7%), from €22,887 to €305
- Gross operating margin -€22,519
down €22,519, from €8,225 to -€14,294
- Financial income +€21,637
up €21,637 (+41.4%), from €52,307 to €73,945
- Financial charges +€17,352
up €17,352, from -€17,219 to €133
- Taxes -€11,084
down €11,084 (-94.0%), from €11,788 to €704
- Depreciation +€10,472
up €10,472 (+25.4%), from €41,299 to €51,772
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.
Derived cash bridge
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 | €1,613,328 | €1,591,943 | -€21,386 | -1.3% |
| Fixed assets | 21/28 | €114,675 | €202,478 | +€87,803 | +76.6% |
| Tangible fixed assets | 22/27 | €49,425 | €153,377 | +€103,952 | +210% |
| Furniture and vehicles | 24 | €43,573 | €146,640 | +€103,067 | +237% |
| Other tangible fixed assets | 26 | €5,852 | €6,737 | +€885 | +15.1% |
| Financial fixed assets | 28 | €65,250 | €49,101 | -€16,149 | -24.7% |
| Current assets | 29/58 | €1,498,653 | €1,389,464 | -€109,189 | -7.3% |
| Amounts receivable within one year | 40/41 | €381,997 | €409,148 | +€27,151 | +7.1% |
| Trade receivables | 40 | €51,416 | €29,533 | -€21,884 | -42.6% |
| Other amounts receivable | 41 | €330,581 | €379,615 | +€49,034 | +14.8% |
| Current investments | 50/53 | €619,207 | €619,550 | +€342 | +0.1% |
| Cash at bank and in hand | 54/58 | €495,621 | €358,737 | -€136,885 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,827 | €2,030 | +€204 | +11.1% |
| Total equity and liabilities | 10/49 | €1,613,328 | €1,591,943 | -€21,386 | -1.3% |
| Equity | 10/15 | €1,551,039 | €1,558,080 | +€7,041 | +0.5% |
| Reserves | 13 | €1,503,060 | €1,510,101 | +€7,041 | +0.5% |
| Distributable reserves | 133 | €1,503,060 | €1,510,101 | +€7,041 | +0.5% |
| Profit (loss) carried forward | 14 | €47,979 | €47,979 | = | 0.0% |
| Amounts payable | 17/49 | €62,289 | €33,862 | -€28,427 | -45.6% |
| Amounts payable within one year | 42/48 | €62,289 | €33,862 | -€28,427 | -45.6% |
| Trade debts | 44 | €1,662 | €5,477 | +€3,815 | +230% |
| Suppliers | 440/4 | €1,662 | €5,477 | +€3,815 | +230% |
| Taxes, remuneration and social security | 45 | €22,887 | €305 | -€22,582 | -98.7% |
| Taxes | 450/3 | €22,887 | €305 | -€22,582 | -98.7% |
| Other amounts payable | 47/48 | €37,740 | €28,080 | -€9,661 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,299 | €51,772 | +€10,472 | +25.4% |
| Other operating charges | 640/8 | €153 | - | -€153 | |
| Gross operating margin | 9900 | €8,225 | -€14,294 | -€22,519 | |
| Operating profit (loss) | 9901 | -€33,228 | -€66,066 | -€32,839 | -98.8% |
| Financial income | 75/76B | €52,307 | €73,945 | +€21,637 | +41.4% |
| Recurring financial income | 75 | €52,307 | €73,945 | +€21,637 | +41.4% |
| Financial charges | 65/66B | -€17,219 | €133 | +€17,352 | |
| Recurring financial charges | 65 | -€17,219 | €133 | +€17,352 | |
| Profit (loss) for the period before taxes | 9903 | €36,299 | €7,745 | -€28,554 | -78.7% |
| Income taxes | 67/77 | €11,788 | €704 | -€11,084 | -94.0% |
| Profit (loss) for the period | 9904 | €24,511 | €7,041 | -€17,470 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,511 | €7,041 | -€17,470 | -71.3% |
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 16 October 2026 via checked.be.