FGH 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.
FGH Immo
Largest movements
- Cash +€95,158
up €95,158 (+1154.8%), from €8,240 to €103,399
mainly Contributions, distributions and other (+€100,000) and Depreciation (+€57,661)
- Tangible fixed assets -€31,598
down €31,598 (-3.6%), from €868,164 to €836,566
of which Land and buildings: -€33,301
- Contributions +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Profit (loss) carried forward -€68,848
down €68,848 (-45.0%), from -€153,165 to -€222,013
- Other debts +€17,848
up €17,848 (+82.9%), from €21,540 to €39,388
- Gross operating margin +€24,240
up €24,240 (+372.5%), from €6,507 to €30,747
- Depreciation +€19,312
up €19,312 (+50.4%), from €38,348 to €57,661
- Other operating charges -€771
down €771 (-29.5%), from €2,618 to €1,847
- Financial charges -€403
down €403 (-1.0%), from €40,267 to €39,864
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 | €881,473 | €943,885 | +€62,412 | +7.1% |
| Formation expenses | 20 | €2,352 | €1,628 | -€725 | -30.8% |
| Fixed assets | 21/28 | €868,164 | €836,566 | -€31,598 | -3.6% |
| Tangible fixed assets | 22/27 | €868,164 | €836,566 | -€31,598 | -3.6% |
| Land and buildings | 22 | €727,795 | €694,495 | -€33,301 | -4.6% |
| Plant, machinery and equipment | 23 | €59,317 | €70,504 | +€11,187 | +18.9% |
| Furniture and vehicles | 24 | €26,728 | €23,335 | -€3,393 | -12.7% |
| Other tangible fixed assets | 26 | €54,324 | €48,232 | -€6,091 | -11.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €10,957 | €105,691 | +€94,734 | +864.6% |
| Amounts receivable within one year | 40/41 | €2,645 | €2,218 | -€427 | -16.1% |
| Trade receivables | 40 | €1,298 | €1,437 | +€139 | +10.7% |
| Other amounts receivable | 41 | €1,347 | €781 | -€566 | -42.0% |
| Cash at bank and in hand | 54/58 | €8,240 | €103,399 | +€95,158 | +1154.8% |
| Deferred charges and accrued income | 490/1 | €71 | €74 | +€3 | +4.2% |
| Total equity and liabilities | 10/49 | €881,473 | €943,885 | +€62,412 | +7.1% |
| Equity | 10/15 | €146,835 | €177,987 | +€31,152 | +21.2% |
| Contributions | 10/11 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Profit (loss) carried forward | 14 | -€153,165 | -€222,013 | -€68,848 | -45.0% |
| Amounts payable | 17/49 | €734,638 | €765,898 | +€31,260 | +4.3% |
| Amounts payable after more than one year | 17 | €656,492 | €663,372 | +€6,880 | +1.0% |
| Financial debts | 170/4 | €347,992 | €326,272 | -€21,720 | -6.2% |
| Other amounts payable | 178/9 | €308,500 | €337,100 | +€28,600 | +9.3% |
| Amounts payable within one year | 42/48 | €45,877 | €76,242 | +€30,365 | +66.2% |
| Current portion of amounts payable after more than one year | 42 | €22,509 | €23,489 | +€980 | +4.4% |
| Trade debts | 44 | €1,299 | €3,691 | +€2,392 | +184.2% |
| Suppliers | 440/4 | €1,299 | €3,691 | +€2,392 | +184.2% |
| Taxes, remuneration and social security | 45 | €529 | €9,674 | +€9,144 | +1727.8% |
| Taxes | 450/3 | €529 | €9,674 | +€9,144 | +1727.8% |
| Other amounts payable | 47/48 | €21,540 | €39,388 | +€17,848 | +82.9% |
| Accrued charges and deferred income | 492/3 | €32,269 | €26,285 | -€5,984 | -18.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,348 | €57,661 | +€19,312 | +50.4% |
| Other operating charges | 640/8 | €2,618 | €1,847 | -€771 | -29.5% |
| Gross operating margin | 9900 | €6,507 | €30,747 | +€24,240 | +372.5% |
| Operating profit (loss) | 9901 | -€34,460 | -€28,761 | +€5,699 | +16.5% |
| Financial income | 75/76B | €60 | €17 | -€42 | -71.3% |
| Recurring financial income | 75 | €60 | €17 | -€42 | -71.3% |
| Financial charges | 65/66B | €40,267 | €39,864 | -€403 | -1.0% |
| Recurring financial charges | 65 | €40,267 | €39,864 | -€403 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€74,667 | -€68,608 | +€6,059 | +8.1% |
| Income taxes | 67/77 | €229 | €240 | +€11 | +4.9% |
| Profit (loss) for the period | 9904 | -€74,896 | -€68,848 | +€6,048 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,896 | -€68,848 | +€6,048 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.