IMMOBEL financials
IMMOBEL
Country: BE Reporting currency: EUR Latest annual report: 2023-12-31
LEI:
549300GAV4HKKFJA8W67 Financial statements
(EUR, as reported — unscaled; 106 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | €152.6M | €227.2M |
| Cost of sales | €137.4M | €208.9M |
| Other income | €6.5M | €7.6M |
| Administrative expenses | €51.8M | €84.5M |
| Operating expenses | €189.2M | €293.6M |
| Operating profit (EBIT) | -€26.4M | -€49.7M |
| Net finance income / (cost) | -€2.0M | -€4.4M |
| Profit before tax | -€25.3M | €13.1M |
| Income tax expense | €12.3M | €2.8M |
| Profit for the year | -€37.6M | €10.4M |
| — attributable to owners | -€38.4M | €10.7M |
| — attributable to NCI | €836.0K | -€350.0K |
| Total comprehensive income | -€39.5M | €16.0M |
| Per share | ||
| Basic EPS | €-3.85 | €1.08 |
| Free cash flow / share | €-13.11 | €-8.83 |
| Cash flow statement | ||
| Cash generated from operations | -€111.1M | -€71.7M |
| Net cash from operating activities | -€125.4M | -€80.0M |
| Net cash from investing activities | -€17.0M | €86.7M |
| Net cash from financing activities | -€1.5M | -€8.3M |
| Dividends paid | €30.4M | €30.4M |
| Proceeds from borrowings | €193.9M | €405.5M |
| Repayments of borrowings | €131.4M | €369.7M |
| Balance sheet | ||
| Total assets | €1.73B | €1.75B |
| Non-current assets | €367.1M | €362.3M |
| Property, plant & equipment | €3.4M | €4.1M |
| Right-of-use assets | €9.0M | €9.9M |
| Current assets | €1.36B | €1.39B |
| Inventories | €1.12B | €985.7M |
| Trade & other receivables | €24.2M | €17.6M |
| Cash & equivalents | €132.1M | €275.9M |
| Total equity | €501.7M | €573.1M |
| — attributable to owners | €484.8M | €556.6M |
| Non-controlling interests | €16.9M | €16.6M |
| Non-current liabilities | €815.7M | €744.5M |
| Long-term borrowings | €787.9M | €722.8M |
| Current liabilities | €410.9M | €430.4M |
| Short-term borrowings | €176.2M | €179.7M |
| Deferred tax liabilities | €22.7M | €21.1M |
| Derived metrics | ||
| Free cash flow | -€128.0M | -€84.8M |
| Operating margin | -17.3% | -21.9% |
| Net margin | -24.6% | 4.6% |
| Return on equity | -7.5% | 1.8% |
| Cash conversion ratio | 3.34× | -7.72× |
| Capex coverage | -47.98× | -16.81× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €30.9M | €50.1M |
| Adjustments For Provisions | -€430.0K | €1.1M |
| Cash Advances and Loans Made To Related Parties | €52.5M | €40.2M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €4.1M | €1.5M |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | €15.5M | €83.7M |
| Changes In Equity | -€71.5M | -€9.8M |
| Comprehensive Income Attributable To Noncontrolling Interests | €648.0K | €544.0K |
| Comprehensive Income Attributable To Owners of Parent | -€40.1M | €15.5M |
| Current Accrued Expenses and Other Current Liabilities | €28.8M | €34.3M |
| Current Contract Assets | €22.5M | €42.1M |
| Current Contract Liabilities | €81.5M | €51.5M |
| Current Payables On Social Security and Taxes Other Than Income Tax | €12.5M | €20.0M |
| Current Prepayments and Other Current Assets | €49.0M | €56.2M |
| Current Provisions | €3.8M | €3.8M |
| Current Tax Assets Current | €2.0M | €988.0K |
| Current Tax Liabilities Current | €2.2M | €13.1M |
| Deferred Tax Assets | €13.5M | €21.7M |
| Dividends Received Classified As Investing Activities | €11.7M | €43.6M |
| Equity and Liabilities | €1.73B | €1.75B |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | — | €43.8M |
| Income Taxes Paid Refund Classified As Operating Activities | €14.2M | €8.3M |
| Increase Decrease In Cash and Cash Equivalents | -€143.8M | -€1.7M |
| Increase Decrease In Working Capital | €115.2M | €73.2M |
| Increase Decrease Through Change In Equity of Subsidiaries | — | €4.4M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -€901.0K | €3.0K |
| Increase Decrease Through Transactions With Owners | -€32.0M | -€25.8M |
| Increase Decrease Through Transfers and Other Changes Equity | -€638.0K | €259.0K |
| Increase Decrease Through Treasury Share Transactions | — | -€5.0K |
| Intangible Assets Other Than Goodwill | €1.7M | €1.4M |
| Interest Expense | €9.9M | €4.3M |
| Interest Paid Classified As Financing Activities | €33.5M | €19.7M |
| Interest Received Classified As Investing Activities | €10.5M | €4.4M |
| Investment Accounted For Using Equity Method | €167.3M | €144.9M |
| Investment Property | €60.1M | €67.7M |
| Issued Capital | €97.3M | €97.3M |
| Noncurrent Derivative Financial Liabilities | €4.9M | — |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €144.0K | €567.0K |
| Number of Shares Issued | 10.0M | — |
| Other Comprehensive Income | -€1.9M | €5.6M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -€3.4M | €3.7M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | €1.2M | €1.8M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €271.0K | €111.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€2.2M | €5.5M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €271.0K | €111.0K |
| Other Current Financial Assets | €2.7M | €3.7M |
| Other Expense By Nature | €51.8M | €40.7M |
| Other Finance Cost | €4.4M | €4.6M |
| Other Finance Income | €1.8M | €103.0K |
| Other Inflows Outflows of Cash Classified As Financing Activities | — | €1.5M |
| Other Noncurrent Assets | €1.4M | €1.0M |
| Other Noncurrent Financial Assets | €1.4M | — |
| Other Reserves | €4.4M | €3.0M |
| Proceeds From Changes In Ownership Interests In Subsidiaries | — | €4.4M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €372.0K | €54.0K |
| Proceeds From Sale Or Issue of Treasury Shares | — | €117.0K |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €2.6M | €4.8M |
| Rental Income | €3.8M | €9.1M |
| Retained Earnings | €383.2M | €456.2M |
| Revenue and Operating Income | €162.8M | €243.9M |
| Revenue From Interest | €10.5M | €4.4M |
| Share of Profit Loss of Continuing Operations of Associates and Joint Ventures Accounted For Using Equity Method | €3.0M | €67.2M |
| Trade and Other Current Payables To Trade Suppliers | €80.7M | €98.4M |
Methodology
Every line item above is a fact tagged in IMMOBEL's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.