FG 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.
FG IMMO
Largest movements
- Cash +€9,093
up €9,093 (+457.7%), from €1,987 to €11,080
mainly Net result for the year (+€9,632) and Trade debts (+€2,520)
- Deferred charges and accrued income -€1,522
down €1,522 (-14.8%), from €10,282 to €8,760
- Receivables within one year -€452
down €452 (-78.9%), from €573 to €121
- Profit (loss) carried forward +€9,632
up €9,632 (+78.6%), from -€12,254 to -€2,623
- Other debts -€5,122
down €5,122 (-38.5%), from €13,306 to €8,184
- Trade debts +€2,520
up €2,520 (+148.4%), from €1,698 to €4,218
- Gross operating margin +€14,654
up €14,654 (+621.5%), from €2,358 to €17,011
- Financial charges +€2,446
up €2,446 (+75.6%), from €3,237 to €5,682
- Depreciation -€396
no longer reported in 2025 (was €396)
- Other operating charges -€303
down €303 (-18.7%), from €1,616 to €1,313
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.
Cash bridge derived
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 | €12,935 | €20,055 | +€7,119 | +55.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €94 | €94 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €12,841 | €19,961 | +€7,119 | +55.4% |
| Amounts receivable within one year | 40/41 | €573 | €121 | -€452 | -78.9% |
| Trade receivables | 40 | €573 | €121 | -€452 | -78.9% |
| Cash at bank and in hand | 54/58 | €1,987 | €11,080 | +€9,093 | +457.7% |
| Deferred charges and accrued income | 490/1 | €10,282 | €8,760 | -€1,522 | -14.8% |
| Total equity and liabilities | 10/49 | €12,935 | €20,055 | +€7,119 | +55.0% |
| Equity | 10/15 | -€9,754 | -€123 | +€9,632 | +98.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,254 | -€2,623 | +€9,632 | +78.6% |
| Amounts payable | 17/49 | €22,690 | €20,177 | -€2,512 | -11.1% |
| Amounts payable within one year | 42/48 | €22,690 | €20,177 | -€2,512 | -11.1% |
| Trade debts | 44 | €1,698 | €4,218 | +€2,520 | +148.4% |
| Suppliers | 440/4 | €1,698 | €4,218 | +€2,520 | +148.4% |
| Taxes, remuneration and social security | 45 | €7,686 | €7,775 | +€90 | +1.2% |
| Taxes | 450/3 | €5,686 | €7,775 | +€2,090 | +36.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €13,306 | €8,184 | -€5,122 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | - | -€396 | |
| Other operating charges | 640/8 | €1,616 | €1,313 | -€303 | -18.7% |
| Gross operating margin | 9900 | €2,358 | €17,011 | +€14,654 | +621.5% |
| Operating profit (loss) | 9901 | €345 | €15,698 | +€15,353 | +4447.0% |
| Financial charges | 65/66B | €3,237 | €5,682 | +€2,446 | +75.6% |
| Recurring financial charges | 65 | €3,237 | €5,682 | +€2,446 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,891 | €10,016 | +€12,907 | |
| Income taxes | 67/77 | €352 | €384 | +€32 | +9.1% |
| Profit (loss) for the period | 9904 | -€3,243 | €9,632 | +€12,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,243 | €9,632 | +€12,875 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.