GATHOYE 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.
GATHOYE IMMO
Largest movements
- Receivables within one year +€130,031
up €130,031 (+46.0%), from €282,657 to €412,688
- Tangible fixed assets -€50,740
down €50,740 (-5.4%), from €936,886 to €886,146
- Deferred charges and accrued income +€15,658
new in 2025: €15,658
- Debts after one year +€63,264
up €63,264 (+63.9%), from €98,953 to €162,218
- Short-term financial debts +€40,910
up €40,910 (+160.6%), from €25,467 to €66,377
- Current portion of long-term debt -€17,870
down €17,870 (-33.1%), from €53,966 to €36,096
- Trade debts +€14,854
up €14,854 (+8985.3%), from €165 to €15,019
- Financial charges +€2,605
up €2,605 (+36.1%), from €7,223 to €9,828
- Gross operating margin -€1,912
down €1,912 (-2.6%), from €73,039 to €71,127
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 | €1,219,700 | €1,314,650 | +€94,950 | +7.8% |
| Fixed assets | 21/28 | €936,886 | €886,146 | -€50,740 | -5.4% |
| Tangible fixed assets | 22/27 | €936,886 | €886,146 | -€50,740 | -5.4% |
| Land and buildings | 22 | €936,886 | €886,146 | -€50,740 | -5.4% |
| Current assets | 29/58 | €282,814 | €428,504 | +€145,689 | +51.5% |
| Amounts receivable within one year | 40/41 | €282,657 | €412,688 | +€130,031 | +46.0% |
| Other amounts receivable | 41 | €282,657 | €412,688 | +€130,031 | +46.0% |
| Cash at bank and in hand | 54/58 | €157 | €158 | +€1 | +0.6% |
| Deferred charges and accrued income | 490/1 | - | €15,658 | +€15,658 | |
| Total equity and liabilities | 10/49 | €1,219,700 | €1,314,650 | +€94,950 | +7.8% |
| Equity | 10/15 | €1,036,059 | €1,029,271 | -€6,788 | -0.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €34,538 | €34,538 | = | 0.0% |
| Distributable reserves | 133 | €34,538 | €34,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,521 | -€5,267 | -€6,788 | |
| Amounts payable | 17/49 | €183,641 | €285,379 | +€101,738 | +55.4% |
| Amounts payable after more than one year | 17 | €98,953 | €162,218 | +€63,264 | +63.9% |
| Financial debts | 170/4 | €98,953 | €162,218 | +€63,264 | +63.9% |
| Amounts payable within one year | 42/48 | €83,505 | €121,390 | +€37,885 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | €53,966 | €36,096 | -€17,870 | -33.1% |
| Financial debts | 43 | €25,467 | €66,377 | +€40,910 | +160.6% |
| Credit institutions | 430/8 | €25,467 | €66,377 | +€40,910 | +160.6% |
| Trade debts | 44 | €165 | €15,019 | +€14,854 | +8985.3% |
| Suppliers | 440/4 | €165 | €15,019 | +€14,854 | +8985.3% |
| Other amounts payable | 47/48 | €3,907 | €3,898 | -€9 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,182 | €1,771 | +€589 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,740 | €50,740 | = | 0.0% |
| Other operating charges | 640/8 | €16,821 | €17,349 | +€528 | +3.1% |
| Gross operating margin | 9900 | €73,039 | €71,127 | -€1,912 | -2.6% |
| Operating profit (loss) | 9901 | €5,479 | €3,038 | -€2,440 | -44.5% |
| Financial income | 75/76B | €2 | €2 | -€0 | -2.4% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -2.4% |
| Financial charges | 65/66B | €7,223 | €9,828 | +€2,605 | +36.1% |
| Recurring financial charges | 65 | €7,223 | €9,828 | +€2,605 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,743 | -€6,788 | -€5,045 | -289.5% |
| Income taxes | 67/77 | €1 | €0 | -€0 | -5.9% |
| Profit (loss) for the period | 9904 | -€1,743 | -€6,788 | -€5,045 | -289.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,743 | -€6,788 | -€5,045 | -289.4% |
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 4 October 2026 via checked.be.