IMMOSALE: 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.
IMMOSALE
Largest movements
- Stocks and contracts +€30,000
up €30,000 (+3.6%), from €839,401 to €869,401
- Debts after one year +€30,500
up €30,500 (+8.6%), from €356,500 to €387,000
- Gross operating margin -€56,897
down €56,897 (-48.2%), from €117,933 to €61,036
- Financial charges +€37,722
up €37,722 (+247.2%), from €15,259 to €52,981
- Taxes -€7,180
down €7,180 (-98.6%), from €7,284 to €105
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 | €846,331 | €869,953 | +€23,622 | +2.8% |
| Current assets | 29/58 | €846,331 | €869,953 | +€23,622 | +2.8% |
| Stocks and contracts in progress | 3 | €839,401 | €869,401 | +€30,000 | +3.6% |
| Stocks | 30/36 | €839,401 | €869,401 | +€30,000 | +3.6% |
| Amounts receivable within one year | 40/41 | €5,626 | - | -€5,626 | |
| Trade receivables | 40 | €5,626 | - | -€5,626 | |
| Cash at bank and in hand | 54/58 | €264 | €349 | +€86 | +32.5% |
| Deferred charges and accrued income | 490/1 | €1,040 | €202 | -€838 | -80.5% |
| Total equity and liabilities | 10/49 | €846,331 | €869,953 | +€23,622 | +2.8% |
| Equity | 10/15 | €298,447 | €298,866 | +€419 | +0.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,447 | €98,866 | +€419 | +0.4% |
| Amounts payable | 17/49 | €547,884 | €571,087 | +€23,203 | +4.2% |
| Amounts payable after more than one year | 17 | €356,500 | €387,000 | +€30,500 | +8.6% |
| Financial debts | 170/4 | €356,500 | €387,000 | +€30,500 | +8.6% |
| Amounts payable within one year | 42/48 | €191,384 | €184,087 | -€7,297 | -3.8% |
| Trade debts | 44 | €19,968 | €20,324 | +€357 | +1.8% |
| Suppliers | 440/4 | €19,968 | €20,324 | +€357 | +1.8% |
| Taxes, remuneration and social security | 45 | €7,284 | €105 | -€7,180 | -98.6% |
| Taxes | 450/3 | €7,284 | €105 | -€7,180 | -98.6% |
| Other amounts payable | 47/48 | €164,132 | €163,658 | -€475 | -0.3% |
| Other operating charges | 640/8 | €8,254 | €7,532 | -€723 | -8.8% |
| Gross operating margin | 9900 | €117,933 | €61,036 | -€56,897 | -48.2% |
| Operating profit (loss) | 9901 | €109,679 | €53,505 | -€56,174 | -51.2% |
| Financial charges | 65/66B | €15,259 | €52,981 | +€37,722 | +247.2% |
| Recurring financial charges | 65 | €15,259 | €52,981 | +€37,722 | +247.2% |
| Profit (loss) for the period before taxes | 9903 | €94,420 | €524 | -€93,896 | -99.4% |
| Income taxes | 67/77 | €7,284 | €105 | -€7,180 | -98.6% |
| Profit (loss) for the period | 9904 | €87,136 | €419 | -€86,716 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,136 | €419 | -€86,716 | -99.5% |
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 3 October 2026 via checked.be.