G2-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.
G2-IMMO
Largest movements
- Tangible fixed assets -€19,584
down €19,584 (-8.2%), from €238,123 to €218,539
of which Land and buildings: -€20,398
- Financial fixed assets +€6,250
new in 2024: €6,250
- Cash -€3,847
down €3,847 (-100.0%), from €3,847 to €0
mainly Other debts (-€15,362) and Debts after one year (-€13,021)
- Other debts -€15,362
down €15,362 (-54.2%), from €28,337 to €12,975
- Debts after one year -€13,021
down €13,021 (-7.3%), from €178,877 to €165,856
- Trade debts +€5,541
up €5,541 (+12886.0%), from €43 to €5,584
- Profit (loss) carried forward +€3,628
up €3,628 (+78.3%), from -€4,636 to -€1,008
- Gross operating margin +€18,031
up €18,031 (+122.5%), from €14,715 to €32,746
- Purchases and services -€11,481
down €11,481 (-39.1%), from €29,330 to €17,849
- Depreciation +€11,026
up €11,026 (+113.0%), from €9,757 to €20,783
- Turnover +€6,550
up €6,550 (+14.9%), from €44,045 to €50,595
- Other operating charges -€1,686
no longer reported in 2024 (was €1,686)
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 | €244,486 | €226,956 | -€17,530 | -7.2% |
| Formation expenses | 20 | €1,371 | €1,021 | -€350 | -25.5% |
| Fixed assets | 21/28 | €238,123 | €224,789 | -€13,334 | -5.6% |
| Tangible fixed assets | 22/27 | €238,123 | €218,539 | -€19,584 | -8.2% |
| Land and buildings | 22 | €238,123 | €217,725 | -€20,398 | -8.6% |
| Furniture and vehicles | 24 | - | €814 | +€814 | |
| Financial fixed assets | 28 | - | €6,250 | +€6,250 | |
| Current assets | 29/58 | €4,992 | €1,146 | -€3,846 | -77.0% |
| Amounts receivable within one year | 40/41 | €1,145 | €1,146 | +€1 | +0.1% |
| Other amounts receivable | 41 | €1,145 | €1,146 | +€1 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,847 | €0 | -€3,847 | -100.0% |
| Total equity and liabilities | 10/49 | €244,486 | €226,956 | -€17,530 | -7.2% |
| Equity | 10/15 | €25,364 | €28,992 | +€3,628 | +14.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,636 | -€1,008 | +€3,628 | +78.3% |
| Amounts payable | 17/49 | €219,122 | €197,964 | -€21,158 | -9.7% |
| Amounts payable after more than one year | 17 | €178,877 | €165,856 | -€13,021 | -7.3% |
| Financial debts | 170/4 | €178,877 | €165,856 | -€13,021 | -7.3% |
| Amounts payable within one year | 42/48 | €40,245 | €32,108 | -€8,137 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €11,865 | €13,549 | +€1,684 | +14.2% |
| Trade debts | 44 | €43 | €5,584 | +€5,541 | +12886.0% |
| Suppliers | 440/4 | €43 | €5,584 | +€5,541 | +12886.0% |
| Other amounts payable | 47/48 | €28,337 | €12,975 | -€15,362 | -54.2% |
| Turnover | 70 | €44,045 | €50,595 | +€6,550 | +14.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,330 | €17,849 | -€11,481 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,757 | €20,783 | +€11,026 | +113.0% |
| Other operating charges | 640/8 | €1,686 | - | -€1,686 | |
| Gross operating margin | 9900 | €14,715 | €32,746 | +€18,031 | +122.5% |
| Operating profit (loss) | 9901 | €3,272 | €11,963 | +€8,691 | +265.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €7,909 | €8,335 | +€426 | +5.4% |
| Recurring financial charges | 65 | €7,909 | €8,335 | +€426 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,636 | €3,628 | +€8,264 | |
| Profit (loss) for the period | 9904 | -€4,636 | €3,628 | +€8,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,636 | €3,628 | +€8,264 |
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 5 October 2026 via checked.be.