IMOCOBEL VENTURES: 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.
IMOCOBEL VENTURES
Largest movements
- Cash -€708,114
down €708,114 (-97.3%), from €728,034 to €19,919
mainly Net result for the year (-€1.0m) and Current investments (-€400,000)
- Current investments +€400,000
new in 2024: €400,000
- Receivables within one year +€312,197
up €312,197 (+3,306%), from €9,444 to €321,641
- Profit (loss) carried forward -€1.0m
down €1.0m (-209%), from -€499,597 to -€1.5m
- Other debts +€667,059
up €667,059 (+4,002%), from €16,668 to €683,728
- Debts after one year +€380,488
up €380,488 (+1.9%), from €20.5m to €20.8m
of which Financial debts: +€10.7m
- Financial charges +€755,840
up €755,840 (+154%), from €490,806 to €1.2m
- Financial income +€259,026
up €259,026 (+2,743%), from €9,444 to €268,470
- Gross operating margin -€49,511
down €49,511 (-280%), from -€17,701 to -€67,212
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 | €20,777,405 | €20,789,196 | +€11,791 | +0.1% |
| Fixed assets | 21/28 | €20,039,927 | €20,047,394 | +€7,467 | 0.0% |
| Financial fixed assets | 28 | €20,039,927 | €20,047,394 | +€7,467 | 0.0% |
| Current assets | 29/58 | €737,478 | €741,802 | +€4,324 | +0.6% |
| Amounts receivable within one year | 40/41 | €9,444 | €321,641 | +€312,197 | +3,306% |
| Other amounts receivable | 41 | €9,444 | €321,641 | +€312,197 | +3,306% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €728,034 | €19,919 | -€708,114 | -97.3% |
| Deferred charges and accrued income | 490/1 | - | €241 | +€241 | |
| Total equity and liabilities | 10/49 | €20,777,405 | €20,789,196 | +€11,791 | +0.1% |
| Equity | 10/15 | €300,403 | -€745,035 | -€1.0m | |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€499,597 | -€1,545,035 | -€1.0m | -209% |
| Amounts payable | 17/49 | €20,477,002 | €21,534,231 | +€1.1m | +5.2% |
| Amounts payable after more than one year | 17 | €20,460,334 | €20,840,822 | +€380,488 | +1.9% |
| Financial debts | 170/4 | €10,000,000 | €20,674,870 | +€10.7m | +107% |
| Other amounts payable | 178/9 | €10,460,334 | €165,952 | -€10.3m | -98.4% |
| Amounts payable within one year | 42/48 | €16,668 | €693,409 | +€676,741 | +4,060% |
| Trade debts | 44 | - | €9,681 | +€9,681 | |
| Suppliers | 440/4 | - | €9,681 | +€9,681 | |
| Other amounts payable | 47/48 | €16,668 | €683,728 | +€667,059 | +4,002% |
| Other operating charges | 640/8 | €534 | €50 | -€484 | -90.6% |
| Gross operating margin | 9900 | -€17,701 | -€67,212 | -€49,511 | -280% |
| Operating profit (loss) | 9901 | -€18,236 | -€67,262 | -€49,026 | -269% |
| Financial income | 75/76B | €9,444 | €268,470 | +€259,026 | +2,743% |
| Recurring financial income | 75 | €9,444 | €268,470 | +€259,026 | +2,743% |
| Financial charges | 65/66B | €490,806 | €1,246,646 | +€755,840 | +154% |
| Recurring financial charges | 65 | €490,806 | €1,246,646 | +€755,840 | +154% |
| Profit (loss) for the period before taxes | 9903 | -€499,597 | -€1,045,438 | -€545,841 | -109% |
| Profit (loss) for the period | 9904 | -€499,597 | -€1,045,438 | -€545,841 | -109% |
| Profit (loss) for the period to be appropriated | 9905 | -€499,597 | -€1,045,438 | -€545,841 | -109% |
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 28 October 2026 via checked.be.