T.F. 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.
T.F. IMMO
Largest movements
- Financial fixed assets -€15,050
no longer reported in 2024 (was €15,050)
- Receivables within one year +€9,311
up €9,311 (+47.1%), from €19,751 to €29,062
- Cash +€3,135
up €3,135 (+128%), from €2,443 to €5,578
mainly Investment in fixed assets (net) (+€15,050) and Accrued charges and deferred income (+€425)
- Profit (loss) carried forward -€2,908
down €2,908 (-135%), from -€2,147 to -€5,055
- Gross operating margin -€1,118
down €1,118 (-83.1%), from -€1,346 to -€2,464
- Financial income +€173
new in 2024: €173
- Financial charges -€162
down €162 (-50.6%), from €320 to €158
- Other operating charges -€39
down €39 (-7.8%), from €498 to €459
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 | €130,775 | €128,171 | -€2,604 | -2.0% |
| Fixed assets | 21/28 | €108,581 | €93,531 | -€15,050 | -13.9% |
| Tangible fixed assets | 22/27 | €93,531 | €93,531 | = | 0.0% |
| Land and buildings | 22 | €93,531 | €93,531 | = | 0.0% |
| Financial fixed assets | 28 | €15,050 | - | -€15,050 | |
| Current assets | 29/58 | €22,194 | €34,640 | +€12,446 | +56.1% |
| Amounts receivable within one year | 40/41 | €19,751 | €29,062 | +€9,311 | +47.1% |
| Other amounts receivable | 41 | €19,751 | €29,062 | +€9,311 | +47.1% |
| Cash at bank and in hand | 54/58 | €2,443 | €5,578 | +€3,135 | +128% |
| Total equity and liabilities | 10/49 | €130,775 | €128,171 | -€2,604 | -2.0% |
| Equity | 10/15 | €97,353 | €94,445 | -€2,908 | -3.0% |
| Contributions | 10/11 | €49,500 | €49,500 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,147 | -€5,055 | -€2,908 | -135% |
| Amounts payable | 17/49 | €33,422 | €33,726 | +€304 | +0.9% |
| Amounts payable within one year | 42/48 | €33,037 | €32,916 | -€121 | -0.4% |
| Trade debts | 44 | €18,221 | €18,131 | -€90 | -0.5% |
| Suppliers | 440/4 | €18,221 | €18,131 | -€90 | -0.5% |
| Taxes, remuneration and social security | 45 | €31 | - | -€31 | |
| Taxes | 450/3 | €31 | - | -€31 | |
| Other amounts payable | 47/48 | €14,785 | €14,785 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €385 | €810 | +€425 | +110% |
| Other operating charges | 640/8 | €498 | €459 | -€39 | -7.8% |
| Gross operating margin | 9900 | -€1,346 | -€2,464 | -€1,118 | -83.1% |
| Operating profit (loss) | 9901 | -€1,844 | -€2,923 | -€1,079 | -58.5% |
| Financial income | 75/76B | - | €173 | +€173 | |
| Recurring financial income | 75 | - | €173 | +€173 | |
| Financial charges | 65/66B | €320 | €158 | -€162 | -50.6% |
| Recurring financial charges | 65 | €320 | €158 | -€162 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,164 | -€2,908 | -€744 | -34.4% |
| Profit (loss) for the period | 9904 | -€2,164 | -€2,908 | -€744 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,164 | -€2,908 | -€744 | -34.4% |
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 29 October 2026 via checked.be.