IMMOSARTOISE: 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.
IMMOSARTOISE
Largest movements
- Tangible fixed assets +€72,252
up €72,252 (+21.0%), from €344,667 to €416,919
of which Land and buildings: +€74,168
- Deferred charges and accrued income +€28,500
new in 2024: €28,500
- Cash +€7,470
up €7,470 (+8360.8%), from €89 to €7,560
mainly Other debts (+€120,303) and Depreciation (+€6,783)
- Other debts +€120,303
up €120,303 (+53.4%), from €225,487 to €345,791
- Debts after one year -€15,519
down €15,519 (-9.7%), from €160,495 to €144,976
- Gross operating margin +€35,289
up €35,289, from -€15,214 to €20,075
- Other operating charges +€2,115
up €2,115 (+873.7%), from €242 to €2,357
- Depreciation +€1,204
up €1,204 (+21.6%), from €5,579 to €6,783
- Financial charges +€742
up €742 (+12.0%), from €6,193 to €6,935
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 | €344,756 | €452,979 | +€108,223 | +31.4% |
| Fixed assets | 21/28 | €344,667 | €416,919 | +€72,252 | +21.0% |
| Tangible fixed assets | 22/27 | €344,667 | €416,919 | +€72,252 | +21.0% |
| Land and buildings | 22 | €337,138 | €411,306 | +€74,168 | +22.0% |
| Furniture and vehicles | 24 | €7,529 | €5,613 | -€1,916 | -25.4% |
| Current assets | 29/58 | €89 | €36,060 | +€35,970 | +40257.9% |
| Cash at bank and in hand | 54/58 | €89 | €7,560 | +€7,470 | +8360.8% |
| Deferred charges and accrued income | 490/1 | - | €28,500 | +€28,500 | |
| Total equity and liabilities | 10/49 | €344,756 | €452,979 | +€108,223 | +31.4% |
| Equity | 10/15 | -€47,335 | -€43,334 | +€4,001 | +8.5% |
| Profit (loss) carried forward | 14 | -€47,335 | -€43,334 | +€4,001 | +8.5% |
| Amounts payable | 17/49 | €392,091 | €496,313 | +€104,222 | +26.6% |
| Amounts payable after more than one year | 17 | €160,495 | €144,976 | -€15,519 | -9.7% |
| Financial debts | 170/4 | €160,495 | €144,976 | -€15,519 | -9.7% |
| Amounts payable within one year | 42/48 | €231,596 | €351,337 | +€119,740 | +51.7% |
| Current portion of amounts payable after more than one year | 42 | €5,280 | €5,519 | +€239 | +4.5% |
| Trade debts | 44 | €829 | €27 | -€802 | -96.7% |
| Suppliers | 440/4 | €829 | €27 | -€802 | -96.7% |
| Other amounts payable | 47/48 | €225,487 | €345,791 | +€120,303 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,579 | €6,783 | +€1,204 | +21.6% |
| Other operating charges | 640/8 | €242 | €2,357 | +€2,115 | +873.7% |
| Gross operating margin | 9900 | -€15,214 | €20,075 | +€35,289 | |
| Operating profit (loss) | 9901 | -€21,034 | €10,936 | +€31,970 | |
| Financial charges | 65/66B | €6,193 | €6,935 | +€742 | +12.0% |
| Recurring financial charges | 65 | €6,193 | €6,935 | +€742 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,227 | €4,001 | +€31,228 | |
| Profit (loss) for the period | 9904 | -€27,227 | €4,001 | +€31,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,227 | €4,001 | +€31,228 |
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 5 October 2026 via checked.be.