TORD’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.
TORD’IMMO
Largest movements
- Tangible fixed assets -€9,746
down €9,746 (-3.3%), from €294,642 to €284,896
- Debts after one year -€15,875
down €15,875 (-7.7%), from €204,963 to €189,089
of which Financial debts: -€15,875
- Profit (loss) carried forward +€5,303
up €5,303 (+45.8%), from -€11,586 to -€6,284
- Turnover -€8,351
down €8,351 (-25.9%), from €32,226 to €23,875
- Gross operating margin -€8,238
down €8,238 (-28.6%), from €28,835 to €20,597
- Other operating charges -€1,329
down €1,329 (-37.7%), from €3,523 to €2,194
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 | €298,951 | €288,680 | -€10,272 | -3.4% |
| Fixed assets | 21/28 | €294,642 | €284,896 | -€9,746 | -3.3% |
| Tangible fixed assets | 22/27 | €294,642 | €284,896 | -€9,746 | -3.3% |
| Land and buildings | 22 | €294,642 | €284,896 | -€9,746 | -3.3% |
| Current assets | 29/58 | €4,309 | €3,784 | -€525 | -12.2% |
| Cash at bank and in hand | 54/58 | €4,309 | €3,784 | -€525 | -12.2% |
| Total equity and liabilities | 10/49 | €298,951 | €288,680 | -€10,272 | -3.4% |
| Equity | 10/15 | €78,414 | €83,716 | +€5,303 | +6.8% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,586 | -€6,284 | +€5,303 | +45.8% |
| Amounts payable | 17/49 | €220,538 | €204,963 | -€15,574 | -7.1% |
| Amounts payable after more than one year | 17 | €204,963 | €189,089 | -€15,875 | -7.7% |
| Financial debts | 170/4 | €189,163 | €173,289 | -€15,875 | -8.4% |
| Other amounts payable | 178/9 | €15,800 | €15,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,574 | €15,875 | +€300 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,574 | €15,875 | +€300 | +1.9% |
| Turnover | 70 | €32,226 | €23,875 | -€8,351 | -25.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,391 | €3,278 | -€113 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,746 | €9,746 | = | 0.0% |
| Other operating charges | 640/8 | €3,523 | €2,194 | -€1,329 | -37.7% |
| Gross operating margin | 9900 | €28,835 | €20,597 | -€8,238 | -28.6% |
| Operating profit (loss) | 9901 | €15,566 | €8,657 | -€6,909 | -44.4% |
| Financial charges | 65/66B | €3,588 | €3,354 | -€234 | -6.5% |
| Recurring financial charges | 65 | €3,588 | €3,354 | -€234 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €11,977 | €5,303 | -€6,675 | -55.7% |
| Profit (loss) for the period | 9904 | €11,977 | €5,303 | -€6,675 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,977 | €5,303 | -€6,675 | -55.7% |
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 6 October 2026 via checked.be.