IMMOTEL: 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.
IMMOTEL
Largest movements
- Tangible fixed assets -€14,399
down €14,399 (-3.4%), from €423,393 to €408,995
- Receivables within one year +€7,221
up €7,221 (+59.8%), from €12,082 to €19,303
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,255
down €3,255 (-16.1%), from €20,192 to €16,938
- Financial income +€358
up €358 (+153%), from €234 to €592
- Other operating charges -€245
down €245 (-2.9%), from €8,327 to €8,083
- Depreciation -€221
down €221 (-1.5%), from €14,619 to €14,399
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 | €705,058 | €700,342 | -€4,716 | -0.7% |
| Fixed assets | 21/28 | €423,393 | €408,995 | -€14,399 | -3.4% |
| Tangible fixed assets | 22/27 | €423,393 | €408,995 | -€14,399 | -3.4% |
| Land and buildings | 22 | €423,393 | €408,995 | -€14,399 | -3.4% |
| Current assets | 29/58 | €281,665 | €291,347 | +€9,683 | +3.4% |
| Amounts receivable within one year | 40/41 | €12,082 | €19,303 | +€7,221 | +59.8% |
| Other amounts receivable | 41 | €12,082 | €19,303 | +€7,221 | +59.8% |
| Current investments | 50/53 | €158,367 | €158,367 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,216 | €113,497 | +€2,281 | +2.1% |
| Deferred charges and accrued income | 490/1 | - | €180 | +€180 | |
| Total equity and liabilities | 10/49 | €705,058 | €700,342 | -€4,716 | -0.7% |
| Equity | 10/15 | €497,019 | €493,018 | -€4,001 | -0.8% |
| Contributions | 10/11 | €295,231 | €295,231 | = | 0.0% |
| Contributions outside capital | 11 | €295,231 | €295,231 | = | 0.0% |
| Other | 1109/19 | €295,231 | €295,231 | = | 0.0% |
| Revaluation surpluses | 12 | €98,794 | €98,794 | = | 0.0% |
| Reserves | 13 | €234,449 | €231,085 | -€3,364 | -1.4% |
| Non-distributable reserves | 130/1 | €57,387 | €57,387 | = | 0.0% |
| Legal reserve | 130 | €57,387 | €57,387 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,111 | €37,747 | -€3,364 | -8.2% |
| Distributable reserves | 133 | €135,951 | €135,951 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,455 | -€132,092 | -€637 | -0.5% |
| Provisions and deferred taxes | 16 | €13,704 | €12,582 | -€1,121 | -8.2% |
| Deferred taxes | 168 | €13,704 | €12,582 | -€1,121 | -8.2% |
| Amounts payable | 17/49 | €194,335 | €194,742 | +€407 | +0.2% |
| Amounts payable after more than one year | 17 | €225 | €325 | +€100 | +44.4% |
| Other amounts payable | 178/9 | €225 | €325 | +€100 | +44.4% |
| Amounts payable within one year | 42/48 | €187,899 | €188,276 | +€377 | +0.2% |
| Trade debts | 44 | €1,146 | €1,225 | +€79 | +6.9% |
| Suppliers | 440/4 | €1,146 | €1,225 | +€79 | +6.9% |
| Other amounts payable | 47/48 | €186,752 | €187,050 | +€298 | +0.2% |
| Accrued charges and deferred income | 492/3 | €6,212 | €6,141 | -€71 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,619 | €14,399 | -€221 | -1.5% |
| Other operating charges | 640/8 | €8,327 | €8,083 | -€245 | -2.9% |
| Gross operating margin | 9900 | €20,192 | €16,938 | -€3,255 | -16.1% |
| Operating profit (loss) | 9901 | -€2,754 | -€5,544 | -€2,789 | -101% |
| Financial income | 75/76B | €234 | €592 | +€358 | +153% |
| Recurring financial income | 75 | €234 | €592 | +€358 | +153% |
| Financial charges | 65/66B | €151 | €171 | +€19 | +12.7% |
| Recurring financial charges | 65 | €151 | €171 | +€19 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,672 | -€5,123 | -€2,451 | -91.7% |
| Transfer from deferred taxes | 780 | €1,119 | €1,121 | +€2 | +0.2% |
| Profit (loss) for the period | 9904 | -€1,553 | -€4,001 | -€2,449 | -158% |
| Transfer from tax-exempt reserves | 789 | €3,358 | €3,364 | +€6 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,806 | -€637 | -€2,443 |
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 15 October 2026 via checked.be.