Intelimmo: 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.
Intelimmo
Largest movements
- Cash +€34,492
up €34,492 (+382.2%), from €9,025 to €43,517
mainly Net result for the year (+€105,451) and Depreciation (+€23,867)
- Tangible fixed assets -€23,867
down €23,867 (-4.8%), from €502,306 to €478,439
of which Land and buildings: -€23,314
- Reserves +€58,451
up €58,451 (+65.5%), from €89,274 to €147,724
- Debts after one year -€30,918
down €30,918 (-7.4%), from €420,636 to €389,717
- Tax, wage and social debts -€6,185
down €6,185 (-23.5%), from €26,302 to €20,116
of which Remuneration and social security: -€10,930
- Gross operating margin +€63,305
up €63,305 (+58.3%), from €108,537 to €171,842
- Taxes +€19,946
up €19,946 (+209.3%), from €9,528 to €29,474
- Other operating charges -€9,891
down €9,891 (-60.3%), from €16,406 to €6,516
- Financial charges -€3,404
down €3,404 (-34.2%), from €9,939 to €6,535
- Depreciation +€2,246
up €2,246 (+10.4%), from €21,621 to €23,867
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 | €575,337 | €595,591 | +€20,254 | +3.5% |
| Fixed assets | 21/28 | €502,306 | €478,439 | -€23,867 | -4.8% |
| Tangible fixed assets | 22/27 | €502,306 | €478,439 | -€23,867 | -4.8% |
| Land and buildings | 22 | €499,820 | €476,507 | -€23,314 | -4.7% |
| Plant, machinery and equipment | 23 | €2,485 | €1,932 | -€553 | -22.2% |
| Current assets | 29/58 | €73,032 | €117,152 | +€44,121 | +60.4% |
| Amounts receivable within one year | 40/41 | €62,723 | €68,586 | +€5,863 | +9.3% |
| Trade receivables | 40 | €60,552 | €68,405 | +€7,853 | +13.0% |
| Other amounts receivable | 41 | €2,171 | €181 | -€1,991 | -91.7% |
| Cash at bank and in hand | 54/58 | €9,025 | €43,517 | +€34,492 | +382.2% |
| Deferred charges and accrued income | 490/1 | €1,284 | €5,049 | +€3,766 | +293.3% |
| Total equity and liabilities | 10/49 | €575,337 | €595,591 | +€20,254 | +3.5% |
| Equity | 10/15 | €94,274 | €152,724 | +€58,451 | +62.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,274 | €147,724 | +€58,451 | +65.5% |
| Distributable reserves | 133 | €89,274 | €147,724 | +€58,451 | +65.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €481,063 | €442,867 | -€38,197 | -7.9% |
| Amounts payable after more than one year | 17 | €420,636 | €389,717 | -€30,918 | -7.4% |
| Financial debts | 170/4 | €420,636 | €389,717 | -€30,918 | -7.4% |
| Amounts payable within one year | 42/48 | €57,439 | €52,835 | -€4,604 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €30,474 | €30,918 | +€445 | +1.5% |
| Trade debts | 44 | €664 | €1,487 | +€823 | +124.0% |
| Suppliers | 440/4 | €664 | €1,487 | +€823 | +124.0% |
| Taxes, remuneration and social security | 45 | €26,302 | €20,116 | -€6,185 | -23.5% |
| Taxes | 450/3 | €12,962 | €17,707 | +€4,745 | +36.6% |
| Remuneration and social security | 454/9 | €13,340 | €2,410 | -€10,930 | -81.9% |
| Other amounts payable | 47/48 | €0 | €314 | +€314 | |
| Accrued charges and deferred income | 492/3 | €2,988 | €314 | -€2,674 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,621 | €23,867 | +€2,246 | +10.4% |
| Other operating charges | 640/8 | €16,406 | €6,516 | -€9,891 | -60.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €108,537 | €171,842 | +€63,305 | +58.3% |
| Operating profit (loss) | 9901 | €70,510 | €141,459 | +€70,949 | +100.6% |
| Financial income | 75/76B | €66 | €0 | -€66 | -100.0% |
| Recurring financial income | 75 | €66 | €0 | -€66 | -100.0% |
| Financial charges | 65/66B | €9,939 | €6,535 | -€3,404 | -34.2% |
| Recurring financial charges | 65 | €9,939 | €6,535 | -€3,404 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €60,638 | €134,924 | +€74,287 | +122.5% |
| Income taxes | 67/77 | €9,528 | €29,474 | +€19,946 | +209.3% |
| Profit (loss) for the period | 9904 | €51,109 | €105,451 | +€54,341 | +106.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,109 | €105,451 | +€54,341 | +106.3% |
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 2 October 2026 via checked.be.