2G-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.
2G-IMMO
Largest movements
- Tangible fixed assets -€36,946
down €36,946 (-4.2%), from €882,253 to €845,307
- Cash -€32,648
down €32,648 (-88.0%), from €37,091 to €4,443
mainly Trade debts (-€37,432) and Debts after one year (-€21,647)
- Trade debts -€37,432
down €37,432 (-99.5%), from €37,615 to €183
- Debts after one year -€21,647
down €21,647 (-8.9%), from €243,463 to €221,816
- Other debts -€12,200
down €12,200 (-2.2%), from €561,440 to €549,240
- Gross operating margin +€6,924
up €6,924 (+18.0%), from €38,478 to €45,402
- Depreciation +€5,573
up €5,573 (+15.5%), from €35,872 to €41,446
- Financial income +€2,771
up €2,771 (+106%), from €2,607 to €5,377
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €923,017 | €857,368 | -€65,648 | -7.1% |
| Fixed assets | 21/28 | €882,253 | €845,307 | -€36,946 | -4.2% |
| Tangible fixed assets | 22/27 | €882,253 | €845,307 | -€36,946 | -4.2% |
| Land and buildings | 22 | €882,253 | €845,307 | -€36,946 | -4.2% |
| Current assets | 29/58 | €40,763 | €12,061 | -€28,702 | -70.4% |
| Amounts receivable within one year | 40/41 | €1,991 | €6,054 | +€4,062 | +204% |
| Trade receivables | 40 | €1,800 | - | -€1,800 | |
| Other amounts receivable | 41 | €191 | €6,054 | +€5,862 | +3,063% |
| Cash at bank and in hand | 54/58 | €37,091 | €4,443 | -€32,648 | -88.0% |
| Deferred charges and accrued income | 490/1 | €1,681 | €1,564 | -€117 | -7.0% |
| Total equity and liabilities | 10/49 | €923,017 | €857,368 | -€65,648 | -7.1% |
| Equity | 10/15 | €59,171 | €64,482 | +€5,311 | +9.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,056 | -€40,387 | +€4,670 | +10.4% |
| Investment grants | 15 | €42,727 | €43,369 | +€642 | +1.5% |
| Amounts payable | 17/49 | €863,846 | €792,886 | -€70,960 | -8.2% |
| Amounts payable after more than one year | 17 | €243,463 | €221,816 | -€21,647 | -8.9% |
| Financial debts | 170/4 | €243,463 | €221,816 | -€21,647 | -8.9% |
| Amounts payable within one year | 42/48 | €620,382 | €571,070 | -€49,313 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €21,328 | €21,647 | +€319 | +1.5% |
| Trade debts | 44 | €37,615 | €183 | -€37,432 | -99.5% |
| Suppliers | 440/4 | €37,615 | €183 | -€37,432 | -99.5% |
| Other amounts payable | 47/48 | €561,440 | €549,240 | -€12,200 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,872 | €41,446 | +€5,573 | +15.5% |
| Other operating charges | 640/8 | €1,503 | €1,551 | +€48 | +3.2% |
| Gross operating margin | 9900 | €38,478 | €45,402 | +€6,924 | +18.0% |
| Operating profit (loss) | 9901 | €1,102 | €2,405 | +€1,303 | +118% |
| Financial income | 75/76B | €2,607 | €5,377 | +€2,771 | +106% |
| Recurring financial income | 75 | €2,607 | €5,377 | +€2,771 | +106% |
| Financial charges | 65/66B | €3,399 | €3,113 | -€286 | -8.4% |
| Recurring financial charges | 65 | €3,399 | €3,113 | -€286 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €310 | €4,670 | +€4,360 | +1,408% |
| Profit (loss) for the period | 9904 | €310 | €4,670 | +€4,360 | +1,408% |
| Profit (loss) for the period to be appropriated | 9905 | €310 | €4,670 | +€4,360 | +1,408% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.