IMMOVLI: 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
IMMOVLI
NACE 66.300, Activities auxiliary to financial services and insurance activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€31,146
2023 · -€258,260+€227,114
Equity
€706,542
2023 · €737,688-€31,146
Cash
€16,139
2023 · €6,243+€9,896
Balance sheet total
€3.7m
2023 · €3.3m+€346,060
Largest movements
Assets
- Tangible fixed assets +€210,767
up €210,767 (+6.8%), from €3.1m to €3.3m
- Receivables within one year +€153,138
up €153,138 (+75.6%), from €202,451 to €355,590
of which Trade receivables: +€153,115
Equity and liabilities
- Other debts +€503,782
up €503,782 (+160%), from €314,665 to €818,447
- Debts after one year -€97,733
down €97,733 (-6.5%), from €1.5m to €1.4m
of which Financial debts: -€97,733
Income statement
- Financial charges -€194,389
down €194,389 (-81.1%), from €239,748 to €45,359
- Gross operating margin +€89,862
up €89,862 (+50.1%), from €179,502 to €269,364
- Depreciation +€41,803
up €41,803 (+24.0%), from €173,880 to €215,683
- Other operating charges +€10,799
up €10,799 (+35.9%), from €30,055 to €40,854
- Taxes +€4,533
up €4,533, from -€4,495 to €38
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
-€258,260
Gross operating margin
+€89,862
Depreciation
-€41,803
Other operating charges
-€10,799
Financial income
-€0
Financial charges
+€194,389
Taxes
-€4,533
Result 2024
-€31,146
raises the resultlowers the result
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.
From operations
+€526,838
Investment
-€398,708
Financing
-€118,233
Cash 2023
€6,243
From operations (derived)
+€526,838
Net result for the year
-€31,146
Depreciation
+€215,683
Receivables within one year
-€153,138
Provisions
-€1,425
Trade debts
-€20,811
Tax, wage and social debts
+€13,892
Other debts
+€503,782
Investment (derived)
-€398,708
Investment in fixed assets (net)
-€426,450
Current investments
+€27,742
Financing
-€118,233
Debts after one year
-€97,733
Current portion of long-term debt
-€20,501
Cash 2024
€16,139
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,332,366 | €3,678,426 | +€346,060 | +10.4% |
| Fixed assets | 21/28 | €3,095,250 | €3,306,017 | +€210,767 | +6.8% |
| Tangible fixed assets | 22/27 | €3,095,250 | €3,306,017 | +€210,767 | +6.8% |
| Land and buildings | 22 | €3,095,250 | €3,306,017 | +€210,767 | +6.8% |
| Current assets | 29/58 | €237,116 | €372,409 | +€135,293 | +57.1% |
| Amounts receivable within one year | 40/41 | €202,451 | €355,590 | +€153,138 | +75.6% |
| Trade receivables | 40 | €149,419 | €302,535 | +€153,115 | +102% |
| Other amounts receivable | 41 | €53,032 | €53,055 | +€23 | 0.0% |
| Current investments | 50/53 | €27,742 | €0 | -€27,742 | -100% |
| Cash at bank and in hand | 54/58 | €6,243 | €16,139 | +€9,896 | +159% |
| Deferred charges and accrued income | 490/1 | €680 | €680 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,332,366 | €3,678,426 | +€346,060 | +10.4% |
| Equity | 10/15 | €737,688 | €706,542 | -€31,146 | -4.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €208,702 | €204,426 | -€4,276 | -2.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €149,980 | €145,704 | -€4,276 | -2.9% |
| Distributable reserves | 133 | €8,722 | €8,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,985 | €2,116 | -€26,870 | -92.7% |
| Provisions and deferred taxes | 16 | €328,224 | €326,799 | -€1,425 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €278,231 | €278,231 | = | 0.0% |
| Pensions and similar obligations | 160 | €278,231 | €278,231 | = | 0.0% |
| Deferred taxes | 168 | €49,993 | €48,568 | -€1,425 | -2.9% |
| Amounts payable | 17/49 | €2,266,454 | €2,645,085 | +€378,630 | +16.7% |
| Amounts payable after more than one year | 17 | €1,497,448 | €1,399,715 | -€97,733 | -6.5% |
| Financial debts | 170/4 | €897,448 | €799,715 | -€97,733 | -10.9% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €734,718 | €1,211,082 | +€476,363 | +64.8% |
| Current portion of amounts payable after more than one year | 42 | €118,053 | €97,553 | -€20,501 | -17.4% |
| Trade debts | 44 | €42,174 | €21,363 | -€20,811 | -49.3% |
| Suppliers | 440/4 | €42,174 | €21,363 | -€20,811 | -49.3% |
| Taxes, remuneration and social security | 45 | €259,827 | €273,719 | +€13,892 | +5.3% |
| Taxes | 450/3 | €21,964 | €11,986 | -€9,979 | -45.4% |
| Remuneration and social security | 454/9 | €237,862 | €261,733 | +€23,871 | +10.0% |
| Other amounts payable | 47/48 | €314,665 | €818,447 | +€503,782 | +160% |
| Accrued charges and deferred income | 492/3 | €34,288 | €34,288 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,880 | €215,683 | +€41,803 | +24.0% |
| Other operating charges | 640/8 | €30,055 | €40,854 | +€10,799 | +35.9% |
| Gross operating margin | 9900 | €179,502 | €269,364 | +€89,862 | +50.1% |
| Operating profit (loss) | 9901 | -€24,433 | €12,827 | +€37,259 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €239,748 | €45,359 | -€194,389 | -81.1% |
| Recurring financial charges | 65 | €239,748 | €45,359 | -€194,389 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€264,180 | -€32,533 | +€231,648 | +87.7% |
| Transfer from deferred taxes | 780 | €1,425 | €1,425 | = | 0.0% |
| Income taxes | 67/77 | -€4,495 | €38 | +€4,533 | |
| Profit (loss) for the period | 9904 | -€258,260 | -€31,146 | +€227,114 | +87.9% |
| Transfer from tax-exempt reserves | 789 | €4,276 | €4,276 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€253,984 | -€26,870 | +€227,114 | +89.4% |
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 25 October 2026 via checked.be.