GABIMMO: 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.
GABIMMO
Largest movements
- Tangible fixed assets -€496,150
down €496,150 (-6.8%), from €7.3m to €6.8m
of which Land and buildings: -€489,970
- Reserves -€474,472
down €474,472 (-13.8%), from €3.4m to €3.0m
of which Distributable reserves: -€431,201
- Other debts +€408,851
up €408,851 (+198%), from €206,783 to €615,633
- Debts after one year -€344,692
down €344,692 (-12.3%), from €2.8m to €2.5m
- Taxes -€471,657
down €471,657 (-95.1%), from €495,799 to €24,142
- Financial income -€254,089
no longer reported in 2025 (was €254,089)
of which Financial income: -€254,089
- Gross operating margin +€69,721
up €69,721 (+31.9%), from €218,478 to €288,200
- Financial charges -€28,057
down €28,057 (-25.4%), from €110,523 to €82,466
of which Non-recurring financial charges: -€17,962
- Other operating charges -€18,655
down €18,655 (-44.1%), from €42,275 to €23,620
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 | €7,967,104 | €7,559,505 | -€407,599 | -5.1% |
| Fixed assets | 21/28 | €7,304,528 | €6,808,377 | -€496,150 | -6.8% |
| Tangible fixed assets | 22/27 | €7,304,528 | €6,808,377 | -€496,150 | -6.8% |
| Land and buildings | 22 | €7,226,464 | €6,736,493 | -€489,970 | -6.8% |
| Plant, machinery and equipment | 23 | €78,064 | €71,884 | -€6,180 | -7.9% |
| Current assets | 29/58 | €662,577 | €751,128 | +€88,551 | +13.4% |
| Amounts receivable within one year | 40/41 | €3,991 | €14,592 | +€10,602 | +266% |
| Other amounts receivable | 41 | €3,991 | €14,592 | +€10,602 | +266% |
| Cash at bank and in hand | 54/58 | €653,530 | €732,535 | +€79,005 | +12.1% |
| Deferred charges and accrued income | 490/1 | €5,056 | €4,001 | -€1,055 | -20.9% |
| Total equity and liabilities | 10/49 | €7,967,104 | €7,559,505 | -€407,599 | -5.1% |
| Equity | 10/15 | €4,126,254 | €3,651,782 | -€474,472 | -11.5% |
| Contributions | 10/11 | €691,920 | €691,920 | = | 0.0% |
| Capital | 10 | €691,920 | €691,920 | = | 0.0% |
| Issued capital | 100 | €691,920 | €691,920 | = | 0.0% |
| Reserves | 13 | €3,434,334 | €2,959,862 | -€474,472 | -13.8% |
| Non-distributable reserves | 130/1 | €69,192 | €69,192 | = | 0.0% |
| Legal reserve | 130 | €69,192 | €69,192 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,252,746 | €1,209,475 | -€43,271 | -3.5% |
| Distributable reserves | 133 | €2,112,396 | €1,681,195 | -€431,201 | -20.4% |
| Provisions and deferred taxes | 16 | €418,113 | €403,689 | -€14,424 | -3.4% |
| Deferred taxes | 168 | €418,113 | €403,689 | -€14,424 | -3.4% |
| Amounts payable | 17/49 | €3,422,738 | €3,504,034 | +€81,297 | +2.4% |
| Amounts payable after more than one year | 17 | €2,798,692 | €2,454,000 | -€344,692 | -12.3% |
| Financial debts | 170/4 | €2,798,692 | €2,454,000 | -€344,692 | -12.3% |
| Amounts payable within one year | 42/48 | €611,337 | €1,039,708 | +€428,371 | +70.1% |
| Current portion of amounts payable after more than one year | 42 | €352,749 | €344,692 | -€8,057 | -2.3% |
| Trade debts | 44 | €19,061 | €19,283 | +€222 | +1.2% |
| Suppliers | 440/4 | €19,061 | €19,283 | +€222 | +1.2% |
| Taxes, remuneration and social security | 45 | €32,745 | €60,101 | +€27,355 | +83.5% |
| Taxes | 450/3 | €32,745 | €60,101 | +€27,355 | +83.5% |
| Other amounts payable | 47/48 | €206,783 | €615,633 | +€408,851 | +198% |
| Accrued charges and deferred income | 492/3 | €12,709 | €10,327 | -€2,382 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,236 | €163,934 | -€7,302 | -4.3% |
| Other operating charges | 640/8 | €42,275 | €23,620 | -€18,655 | -44.1% |
| Gross operating margin | 9900 | €218,478 | €288,200 | +€69,721 | +31.9% |
| Operating profit (loss) | 9901 | €4,967 | €100,646 | +€95,679 | +1,926% |
| Financial income | 75/76B | €254,089 | - | -€254,089 | |
| Recurring financial income | 75 | €254,089 | - | -€254,089 | |
| Non-recurring financial income | 76B | €254,089 | - | -€254,089 | |
| Financial charges | 65/66B | €110,523 | €82,466 | -€28,057 | -25.4% |
| Recurring financial charges | 65 | €77,317 | €67,222 | -€10,095 | -13.1% |
| Non-recurring financial charges | 66B | €33,206 | €15,244 | -€17,962 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €148,533 | €18,180 | -€130,353 | -87.8% |
| Transfer from deferred taxes | 780 | €352,423 | €14,424 | -€337,999 | -95.9% |
| Income taxes | 67/77 | €495,799 | €24,142 | -€471,657 | -95.1% |
| Profit (loss) for the period | 9904 | €5,157 | €8,462 | +€3,305 | +64.1% |
| Transfer from tax-exempt reserves | 789 | €1,057,269 | €43,271 | -€1.0m | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,062,426 | €51,733 | -€1.0m | -95.1% |
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 13 October 2026 via checked.be.