IMMOWIN: 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.
IMMOWIN
Largest movements
- Tangible fixed assets -€17,192
down €17,192 (-33.1%), from €51,979 to €34,787
of which Plant, machinery and equipment: -€14,411
- Receivables within one year +€8,832
up €8,832 (+172%), from €5,139 to €13,971
of which Other amounts receivable: +€8,832
- Profit (loss) carried forward -€14,907
down €14,907 (-20.3%), from -€73,261 to -€88,168
- Trade debts +€6,570
up €6,570 (+46.1%), from €14,242 to €20,812
- Gross operating margin -€7,318
down €7,318 (-60.4%), from €12,109 to €4,791
- Depreciation +€6,447
up €6,447 (+60.0%), from €10,746 to €17,192
- Taxes -€4,445
no longer reported in 2023 (was €4,445)
- Other operating charges +€695
up €695 (+69.5%), from €1,000 to €1,695
- Financial charges +€597
up €597 (+280%), from €213 to €810
of which Non-recurring financial charges: +€350
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,544 | €111,368 | -€7,176 | -6.1% |
| Fixed assets | 21/28 | €61,200 | €44,007 | -€17,192 | -28.1% |
| Tangible fixed assets | 22/27 | €51,979 | €34,787 | -€17,192 | -33.1% |
| Land and buildings | 22 | €29,387 | €27,992 | -€1,396 | -4.7% |
| Plant, machinery and equipment | 23 | €14,411 | - | -€14,411 | |
| Furniture and vehicles | 24 | €8,181 | €6,795 | -€1,386 | -16.9% |
| Financial fixed assets | 28 | €9,220 | €9,220 | = | 0.0% |
| Current assets | 29/58 | €57,345 | €67,361 | +€10,016 | +17.5% |
| Amounts receivable after more than one year | 29 | €46,596 | €46,596 | = | 0.0% |
| Other amounts receivable | 291 | €46,596 | €46,596 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,139 | €13,971 | +€8,832 | +172% |
| Trade receivables | 40 | €3,058 | €3,058 | = | 0.0% |
| Other amounts receivable | 41 | €2,081 | €10,913 | +€8,832 | +424% |
| Cash at bank and in hand | 54/58 | €2,996 | €3,897 | +€901 | +30.1% |
| Deferred charges and accrued income | 490/1 | €2,614 | €2,897 | +€283 | +10.8% |
| Total equity and liabilities | 10/49 | €118,544 | €111,368 | -€7,176 | -6.1% |
| Equity | 10/15 | €53,204 | €38,297 | -€14,907 | -28.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €64,492 | €64,492 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,826 | €1,826 | = | 0.0% |
| Legal reserve | 130 | €1,826 | €1,826 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,666 | €62,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,261 | -€88,168 | -€14,907 | -20.3% |
| Provisions and deferred taxes | 16 | €41,777 | €41,777 | = | 0.0% |
| Deferred taxes | 168 | €41,777 | €41,777 | = | 0.0% |
| Amounts payable | 17/49 | €23,563 | €31,294 | +€7,730 | +32.8% |
| Amounts payable after more than one year | 17 | €1,858 | €1,858 | = | 0.0% |
| Trade debts | 175 | €1,858 | €1,858 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,242 | €21,972 | +€7,730 | +54.3% |
| Financial debts | 43 | €0 | €1,160 | +€1,160 | +5,800,150% |
| Credit institutions | 430/8 | €0 | €1,160 | +€1,160 | +5,800,150% |
| Trade debts | 44 | €14,242 | €20,812 | +€6,570 | +46.1% |
| Suppliers | 440/4 | €14,242 | €20,812 | +€6,570 | +46.1% |
| Accrued charges and deferred income | 492/3 | €7,463 | €7,463 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,746 | €17,192 | +€6,447 | +60.0% |
| Other operating charges | 640/8 | €1,000 | €1,695 | +€695 | +69.5% |
| Gross operating margin | 9900 | €12,109 | €4,791 | -€7,318 | -60.4% |
| Operating profit (loss) | 9901 | €363 | -€14,097 | -€14,460 | |
| Financial income | 75/76B | €548 | - | -€548 | |
| Recurring financial income | 75 | €548 | - | -€548 | |
| Non-recurring financial income | 76B | €548 | - | -€548 | |
| Financial charges | 65/66B | €213 | €810 | +€597 | +280% |
| Recurring financial charges | 65 | €213 | €460 | +€247 | +116% |
| Non-recurring financial charges | 66B | - | €350 | +€350 | |
| Profit (loss) for the period before taxes | 9903 | €698 | -€14,907 | -€15,605 | |
| Income taxes | 67/77 | €4,445 | - | -€4,445 | |
| Profit (loss) for the period | 9904 | -€3,747 | -€14,907 | -€11,160 | -298% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,747 | -€14,907 | -€11,160 | -298% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.