IMMOVAL: 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.
IMMOVAL
Largest movements
- Tangible fixed assets -€10,024
down €10,024 (-13.8%), from €72,883 to €62,859
- Cash +€2,577
up €2,577 (+7.1%), from €36,204 to €38,782
mainly Depreciation (+€10,024) and Receivables within one year (+€1,465)
- Receivables within one year -€1,465
down €1,465 (-97.2%), from €1,507 to €42
of which Trade receivables: -€1,500
- Profit (loss) carried forward -€6,026
down €6,026 (-15.4%), from -€39,058 to -€45,084
- Reserves -€2,618
down €2,618 (-7.1%), from €36,687 to €34,070
- Gross operating margin -€14,886
down €14,886 (-78.3%), from €19,001 to €4,115
- Other operating charges -€3,322
down €3,322 (-65.9%), from €5,043 to €1,721
- Depreciation +€1,398
up €1,398 (+16.2%), from €8,625 to €10,024
- Financial charges +€605
up €605 (+39.3%), from €1,540 to €2,145
- Financial income +€236
up €236 (+1104.8%), from €21 to €258
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 | €110,594 | €101,683 | -€8,911 | -8.1% |
| Fixed assets | 21/28 | €72,883 | €62,859 | -€10,024 | -13.8% |
| Tangible fixed assets | 22/27 | €72,883 | €62,859 | -€10,024 | -13.8% |
| Land and buildings | 22 | €72,883 | €62,859 | -€10,024 | -13.8% |
| Current assets | 29/58 | €37,711 | €38,823 | +€1,112 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,507 | €42 | -€1,465 | -97.2% |
| Trade receivables | 40 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts receivable | 41 | €7 | €42 | +€35 | +522.4% |
| Cash at bank and in hand | 54/58 | €36,204 | €38,782 | +€2,577 | +7.1% |
| Total equity and liabilities | 10/49 | €110,594 | €101,683 | -€8,911 | -8.1% |
| Equity | 10/15 | €69,519 | €60,875 | -€8,644 | -12.4% |
| Contributions | 10/11 | €61,000 | €61,000 | = | 0.0% |
| Capital | 10 | €61,000 | €61,000 | = | 0.0% |
| Issued capital | 100 | €61,000 | €61,000 | = | 0.0% |
| Revaluation surpluses | 12 | €10,889 | €10,889 | = | 0.0% |
| Reserves | 13 | €36,687 | €34,070 | -€2,618 | -7.1% |
| Tax-exempt reserves | 132 | €36,687 | €34,070 | -€2,618 | -7.1% |
| Profit (loss) carried forward | 14 | -€39,058 | -€45,084 | -€6,026 | -15.4% |
| Provisions and deferred taxes | 16 | €12,229 | €11,357 | -€873 | -7.1% |
| Deferred taxes | 168 | €12,229 | €11,357 | -€873 | -7.1% |
| Amounts payable | 17/49 | €28,846 | €29,451 | +€605 | +2.1% |
| Amounts payable within one year | 42/48 | €28,846 | €29,451 | +€605 | +2.1% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €451 | €633 | +€182 | +40.2% |
| Taxes | 450/3 | €451 | €633 | +€182 | +40.2% |
| Other amounts payable | 47/48 | €28,395 | €28,818 | +€424 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,625 | €10,024 | +€1,398 | +16.2% |
| Other operating charges | 640/8 | €5,043 | €1,721 | -€3,322 | -65.9% |
| Gross operating margin | 9900 | €19,001 | €4,115 | -€14,886 | -78.3% |
| Operating profit (loss) | 9901 | €5,333 | -€7,629 | -€12,962 | |
| Financial income | 75/76B | €21 | €258 | +€236 | +1104.8% |
| Recurring financial income | 75 | €21 | €258 | +€236 | +1104.8% |
| Financial charges | 65/66B | €1,540 | €2,145 | +€605 | +39.3% |
| Recurring financial charges | 65 | €1,540 | €2,145 | +€605 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €3,814 | -€9,516 | -€13,330 | |
| Transfer from deferred taxes | 780 | €523 | €873 | +€350 | +66.8% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €4,337 | -€8,644 | -€12,981 | |
| Transfer from tax-exempt reserves | 789 | €1,569 | €2,618 | +€1,049 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,906 | -€6,026 | -€11,932 |
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 30 September 2026 via checked.be.