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RUN IMMO: 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.

What changed

RUN IMMO

BE 0807.208.066
NACE 68.310, Real estate agency activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4,402
2023 · €78,105-€82,507
Equity
€28,582
2023 · €32,984-€4,402
Cash
€335
2023 · €27,790-€27,455
Balance sheet total
€311,767
2023 · €323,490-€11,724

Largest movements

2023 to 2024
Assets
  • Stocks and contracts +€32,117

    up €32,117 (+13.5%), from €237,883 to €270,000

  • Cash -€27,455

    down €27,455 (-98.8%), from €27,790 to €335

    mainly Stocks and contracts (-€32,117) and Other debts (-€5,000)

  • Receivables within one year -€8,860

    down €8,860 (-27.1%), from €32,731 to €23,871

  • Tangible fixed assets -€7,215

    down €7,215 (-29.2%), from €24,714 to €17,499

Equity and liabilities
  • Trade debts +€6,009

    up €6,009 (+136.9%), from €4,389 to €10,398

  • Other debts -€5,000

    down €5,000 (-55.6%), from €9,000 to €4,000

  • Current portion of long-term debt -€4,468

    down €4,468 (-37.5%), from €11,904 to €7,436

  • Profit (loss) carried forward -€4,402

    down €4,402 (-35.1%), from €12,524 to €8,122

  • Debts after one year -€4,176

    down €4,176 (-1.7%), from €252,571 to €248,395

Income statement
  • Gross operating margin -€105,166

    down €105,166 (-77.1%), from €136,438 to €31,271

  • Other operating charges -€11,957

    down €11,957 (-75.2%), from €15,906 to €3,949

  • Taxes -€11,291

    down €11,291 (-93.2%), from €12,113 to €822

  • Depreciation +€2,943

    up €2,943 (+96.3%), from €3,057 to €6,000

  • Financial charges -€1,652

    down €1,652 (-6.2%), from €26,555 to €24,903

From the 2023 result to the 2024 result

effect on the 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 €78,105
Gross operating margin -€105,166
Staff costs +€703
Depreciation -€2,943
Other operating charges +€11,957
Financial charges +€1,652
Taxes +€11,291
Result 2024 -€4,402

Cash bridge derived

cash 2023 to 2024

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 -€19,987
Investment +€1,154
Financing -€8,621
Cash 2023 €27,790
Net result for the year -€4,402
Depreciation +€6,000
Stocks and contracts -€32,117
Receivables within one year +€8,860
Deferred charges and accrued income +€373
Trade debts +€6,009
Tax, wage and social debts +€291
Other debts -€5,000
Investment in fixed assets (net) +€1,154
Debts after one year -€4,176
Current portion of long-term debt -€4,468
Short-term financial debts +€23
Cash 2024 €335
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €323,490 €311,767 -€11,724 -3.6%
Fixed assets 21/28 €24,714 €17,560 -€7,153 -28.9%
Tangible fixed assets 22/27 €24,714 €17,499 -€7,215 -29.2%
Furniture and vehicles 24 €24,714 €17,499 -€7,215 -29.2%
Financial fixed assets 28 - €62 +€62
Current assets 29/58 €298,777 €294,206 -€4,570 -1.5%
Stocks and contracts in progress 3 €237,883 €270,000 +€32,117 +13.5%
Stocks 30/36 €237,883 €270,000 +€32,117 +13.5%
Amounts receivable within one year 40/41 €32,731 €23,871 -€8,860 -27.1%
Other amounts receivable 41 €32,731 €23,871 -€8,860 -27.1%
Cash at bank and in hand 54/58 €27,790 €335 -€27,455 -98.8%
Deferred charges and accrued income 490/1 €373 - -€373
Total equity and liabilities 10/49 €323,490 €311,767 -€11,724 -3.6%
Equity 10/15 €32,984 €28,582 -€4,402 -13.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €12,524 €8,122 -€4,402 -35.1%
Amounts payable 17/49 €290,506 €283,185 -€7,322 -2.5%
Amounts payable after more than one year 17 €252,571 €248,395 -€4,176 -1.7%
Financial debts 170/4 €252,571 €248,395 -€4,176 -1.7%
Amounts payable within one year 42/48 €37,936 €34,790 -€3,146 -8.3%
Current portion of amounts payable after more than one year 42 €11,904 €7,436 -€4,468 -37.5%
Financial debts 43 - €23 +€23
Credit institutions 430/8 - €23 +€23
Trade debts 44 €4,389 €10,398 +€6,009 +136.9%
Suppliers 440/4 €4,389 €10,398 +€6,009 +136.9%
Taxes, remuneration and social security 45 €12,642 €12,933 +€291 +2.3%
Taxes 450/3 €12,642 €12,933 +€291 +2.3%
Other amounts payable 47/48 €9,000 €4,000 -€5,000 -55.6%
Remuneration, social security and pensions 62 €703 - -€703
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,057 €6,000 +€2,943 +96.3%
Other operating charges 640/8 €15,906 €3,949 -€11,957 -75.2%
Gross operating margin 9900 €136,438 €31,271 -€105,166 -77.1%
Operating profit (loss) 9901 €116,772 €21,323 -€95,450 -81.7%
Financial charges 65/66B €26,555 €24,903 -€1,652 -6.2%
Recurring financial charges 65 €26,555 €24,903 -€1,652 -6.2%
Profit (loss) for the period before taxes 9903 €90,217 -€3,580 -€93,798
Income taxes 67/77 €12,113 €822 -€11,291 -93.2%
Profit (loss) for the period 9904 €78,105 -€4,402 -€82,507
Profit (loss) for the period to be appropriated 9905 €78,105 -€4,402 -€82,507

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 29 September 2026 via checked.be.