IMMOVITE.BE: 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.
What changed
IMMOVITE.BE
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€33,679
2023 · -€243,446+€277,125
Equity
€2.1m
2023 · €2.1m+€33,679
Cash
€121,297
2023 · €105,863+€15,434
Balance sheet total
€7.6m
2023 · €8.0m-€392,384
Largest movements
Assets
- Tangible fixed assets -€327,467
down €327,467 (-4.7%), from €7.0m to €6.7m
of which Land and buildings: -€328,427
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-33.5%), from €3.3m to €2.2m
- Other debts +€749,727
up €749,727 (+59.4%), from €1.3m to €2.0m
Income statement
- Gross operating margin +€292,793
up €292,793, from -€220,618 to €72,175
- Financial income -€9,652
down €9,652 (-92.9%), from €10,386 to €734
- Financial charges +€5,653
up €5,653 (+17.5%), from €32,299 to €37,952
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.
Result 2023
-€243,446
Gross operating margin
+€292,793
Depreciation
-€363
Financial income
-€9,652
Financial charges
-€5,653
Result 2024
€33,679
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.
From operations
+€869,981
Investment
+€326,189
Financing
-€1.2m
Cash 2023
€105,863
From operations (derived)
+€869,981
Net result for the year
+€33,679
Depreciation
+€1,278
Receivables within one year
+€79,351
Deferred charges and accrued income
+€1,000
Trade debts
+€4,946
Other debts
+€749,727
Investment (derived)
+€326,189
Investment in fixed assets (net)
+€326,189
Financing
-€1.2m
Debts after one year
-€1.1m
Short-term financial debts
-€65,557
Cash 2024
€121,297
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,011,112 | €7,618,728 | -€392,384 | -4.9% |
| Fixed assets | 21/28 | €6,995,254 | €6,667,787 | -€327,467 | -4.7% |
| Tangible fixed assets | 22/27 | €6,990,018 | €6,662,551 | -€327,467 | -4.7% |
| Land and buildings | 22 | €6,986,998 | €6,658,571 | -€328,427 | -4.7% |
| Plant, machinery and equipment | 23 | €2,867 | €2,028 | -€839 | -29.3% |
| Furniture and vehicles | 24 | €153 | €1,952 | +€1,799 | +1175.8% |
| Financial fixed assets | 28 | €5,236 | €5,236 | = | 0.0% |
| Current assets | 29/58 | €1,015,858 | €950,941 | -€64,917 | -6.4% |
| Amounts receivable within one year | 40/41 | €797,575 | €718,224 | -€79,351 | -9.9% |
| Trade receivables | 40 | €587,139 | €507,788 | -€79,351 | -13.5% |
| Other amounts receivable | 41 | €210,436 | €210,436 | = | 0.0% |
| Current investments | 50/53 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €105,863 | €121,297 | +€15,434 | +14.6% |
| Deferred charges and accrued income | 490/1 | €2,420 | €1,420 | -€1,000 | -41.3% |
| Total equity and liabilities | 10/49 | €8,011,112 | €7,618,728 | -€392,384 | -4.9% |
| Equity | 10/15 | €2,105,149 | €2,138,828 | +€33,679 | +1.6% |
| Contributions | 10/11 | €1,875,040 | €1,875,040 | = | 0.0% |
| Reserves | 13 | €479,282 | €479,282 | = | 0.0% |
| Non-distributable reserves | 130/1 | €142,985 | €142,985 | = | 0.0% |
| Reserves not available under the articles | 1311 | €142,985 | €142,985 | = | 0.0% |
| Tax-exempt reserves | 132 | €336,297 | €336,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,173 | -€215,494 | +€33,679 | +13.5% |
| Provisions and deferred taxes | 16 | €115,788 | €115,788 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €115,788 | €115,788 | = | 0.0% |
| Other liabilities and charges | 164/5 | €115,788 | €115,788 | = | 0.0% |
| Amounts payable | 17/49 | €5,790,175 | €5,364,112 | -€426,063 | -7.4% |
| Amounts payable after more than one year | 17 | €3,331,047 | €2,215,868 | -€1.1m | -33.5% |
| Financial debts | 170/4 | €3,331,047 | €2,215,868 | -€1.1m | -33.5% |
| Amounts payable within one year | 42/48 | €2,459,128 | €3,148,244 | +€689,116 | +28.0% |
| Financial debts | 43 | €496,791 | €431,234 | -€65,557 | -13.2% |
| Credit institutions | 430/8 | €258,733 | €193,177 | -€65,556 | -25.3% |
| Other loans | 439 | €238,058 | €238,057 | -€1 | 0.0% |
| Trade debts | 44 | €700,296 | €705,242 | +€4,946 | +0.7% |
| Suppliers | 440/4 | €700,296 | €705,242 | +€4,946 | +0.7% |
| Other amounts payable | 47/48 | €1,262,041 | €2,011,768 | +€749,727 | +59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €915 | €1,278 | +€363 | +39.7% |
| Gross operating margin | 9900 | -€220,618 | €72,175 | +€292,793 | |
| Operating profit (loss) | 9901 | -€221,533 | €70,897 | +€292,430 | |
| Financial income | 75/76B | €10,386 | €734 | -€9,652 | -92.9% |
| Recurring financial income | 75 | €10,386 | €734 | -€9,652 | -92.9% |
| Financial charges | 65/66B | €32,299 | €37,952 | +€5,653 | +17.5% |
| Recurring financial charges | 65 | €32,299 | €37,952 | +€5,653 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€243,446 | €33,679 | +€277,125 | |
| Profit (loss) for the period | 9904 | -€243,446 | €33,679 | +€277,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€243,446 | €33,679 | +€277,125 |
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 10 October 2026 via checked.be.