SJV IMMO: 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.
SJV IMMO
Largest movements
- Tangible fixed assets -€53,057
down €53,057 (-4.3%), from €1.2m to €1.2m
of which Land and buildings: -€57,388
- Receivables within one year +€24,416
up €24,416 (+175%), from €13,952 to €38,368
of which Trade receivables: +€22,658
- Cash -€24,413
down €24,413 (-77.6%), from €31,454 to €7,041
mainly Debts after one year (-€75,106) and Receivables within one year (-€24,416)
- Debts after one year -€75,106
down €75,106 (-7.6%), from €988,347 to €913,241
- Profit (loss) carried forward +€28,733
up €28,733 (+71.0%), from €40,446 to €69,180
- Other operating charges +€14,331
up €14,331 (+825%), from €1,736 to €16,067
- Gross operating margin -€8,534
down €8,534 (-6.9%), from €124,206 to €115,672
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 | €1,289,655 | €1,242,266 | -€47,388 | -3.7% |
| Fixed assets | 21/28 | €1,243,659 | €1,190,601 | -€53,057 | -4.3% |
| Tangible fixed assets | 22/27 | €1,243,659 | €1,190,601 | -€53,057 | -4.3% |
| Land and buildings | 22 | €1,243,659 | €1,186,271 | -€57,388 | -4.6% |
| Furniture and vehicles | 24 | - | €4,331 | +€4,331 | |
| Current assets | 29/58 | €45,996 | €51,665 | +€5,669 | +12.3% |
| Amounts receivable within one year | 40/41 | €13,952 | €38,368 | +€24,416 | +175% |
| Trade receivables | 40 | €13,924 | €36,582 | +€22,658 | +163% |
| Other amounts receivable | 41 | €28 | €1,786 | +€1,758 | +6,273% |
| Cash at bank and in hand | 54/58 | €31,454 | €7,041 | -€24,413 | -77.6% |
| Deferred charges and accrued income | 490/1 | €589 | €6,256 | +€5,666 | +961% |
| Total equity and liabilities | 10/49 | €1,289,655 | €1,242,266 | -€47,388 | -3.7% |
| Equity | 10/15 | €44,446 | €73,180 | +€28,733 | +64.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,446 | €69,180 | +€28,733 | +71.0% |
| Amounts payable | 17/49 | €1,245,208 | €1,169,087 | -€76,122 | -6.1% |
| Amounts payable after more than one year | 17 | €988,347 | €913,241 | -€75,106 | -7.6% |
| Financial debts | 170/4 | €988,347 | €913,241 | -€75,106 | -7.6% |
| Amounts payable within one year | 42/48 | €256,862 | €255,845 | -€1,016 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €74,132 | €75,106 | +€974 | +1.3% |
| Trade debts | 44 | €3,988 | €9,413 | +€5,425 | +136% |
| Suppliers | 440/4 | €3,988 | €9,413 | +€5,425 | +136% |
| Taxes, remuneration and social security | 45 | €14,520 | €8,626 | -€5,894 | -40.6% |
| Taxes | 450/3 | €14,520 | €8,626 | -€5,894 | -40.6% |
| Other amounts payable | 47/48 | €164,223 | €162,701 | -€1,521 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,447 | €57,659 | -€789 | -1.3% |
| Other operating charges | 640/8 | €1,736 | €16,067 | +€14,331 | +825% |
| Gross operating margin | 9900 | €124,206 | €115,672 | -€8,534 | -6.9% |
| Operating profit (loss) | 9901 | €64,022 | €41,946 | -€22,076 | -34.5% |
| Financial charges | 65/66B | €14,034 | €13,212 | -€822 | -5.9% |
| Recurring financial charges | 65 | €14,034 | €13,212 | -€822 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €49,988 | €28,733 | -€21,255 | -42.5% |
| Profit (loss) for the period | 9904 | €49,988 | €28,733 | -€21,255 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,988 | €28,733 | -€21,255 | -42.5% |
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 18 October 2026 via checked.be.