GBJP 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.
GBJP IMMO
Largest movements
- Current investments +€175,000
new in 2025: €175,000
- Cash +€134,893
up €134,893 (+42.7%), from €316,230 to €451,123
mainly Net result for the year (+€390,138) and Other debts (+€210,283)
- Receivables within one year -€12,393
down €12,393 (-17.1%), from €72,356 to €59,963
of which Trade receivables: -€17,453
- Other debts +€210,283
up €210,283 (+150.2%), from €140,000 to €350,283
- Trade debts +€50,181
up €50,181 (+1116.9%), from €4,493 to €54,674
- Reserves +€40,000
up €40,000 (+25.0%), from €160,000 to €200,000
- Tax, wage and social debts +€9,984
up €9,984 (+15.3%), from €65,414 to €75,398
of which Remuneration and social security: +€7,223
- Gross operating margin +€211,036
up €211,036 (+75.0%), from €281,379 to €492,415
- Staff costs +€13,158
up €13,158 (+19.3%), from €68,149 to €81,307
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 | €389,162 | €693,749 | +€304,587 | +78.3% |
| Fixed assets | 21/28 | €576 | €7,121 | +€6,545 | +1136.2% |
| Tangible fixed assets | 22/27 | €576 | €7,121 | +€6,545 | +1136.2% |
| Plant, machinery and equipment | 23 | €576 | - | -€576 | |
| Furniture and vehicles | 24 | - | €5,540 | +€5,540 | |
| Other tangible fixed assets | 26 | - | €1,582 | +€1,582 | |
| Current assets | 29/58 | €388,586 | €686,627 | +€298,042 | +76.7% |
| Amounts receivable within one year | 40/41 | €72,356 | €59,963 | -€12,393 | -17.1% |
| Trade receivables | 40 | €72,356 | €54,903 | -€17,453 | -24.1% |
| Other amounts receivable | 41 | - | €5,060 | +€5,060 | |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €316,230 | €451,123 | +€134,893 | +42.7% |
| Deferred charges and accrued income | 490/1 | - | €541 | +€541 | |
| Total equity and liabilities | 10/49 | €389,162 | €693,749 | +€304,587 | +78.3% |
| Equity | 10/15 | €170,255 | €210,393 | +€40,138 | +23.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €160,000 | €200,000 | +€40,000 | +25.0% |
| Distributable reserves | 133 | €160,000 | €200,000 | +€40,000 | +25.0% |
| Profit (loss) carried forward | 14 | €7,755 | €7,893 | +€138 | +1.8% |
| Amounts payable | 17/49 | €218,907 | €483,356 | +€264,449 | +120.8% |
| Amounts payable within one year | 42/48 | €209,907 | €480,356 | +€270,449 | +128.8% |
| Trade debts | 44 | €4,493 | €54,674 | +€50,181 | +1116.9% |
| Suppliers | 440/4 | €4,493 | €54,674 | +€50,181 | +1116.9% |
| Taxes, remuneration and social security | 45 | €65,414 | €75,398 | +€9,984 | +15.3% |
| Taxes | 450/3 | €52,883 | €55,643 | +€2,761 | +5.2% |
| Remuneration and social security | 454/9 | €12,531 | €19,755 | +€7,223 | +57.6% |
| Other amounts payable | 47/48 | €140,000 | €350,283 | +€210,283 | +150.2% |
| Accrued charges and deferred income | 492/3 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Remuneration, social security and pensions | 62 | €68,149 | €81,307 | +€13,158 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,441 | €4,741 | +€2,300 | +94.2% |
| Other operating charges | 640/8 | €1,447 | €1,509 | +€62 | +4.3% |
| Gross operating margin | 9900 | €281,379 | €492,415 | +€211,036 | +75.0% |
| Operating profit (loss) | 9901 | €209,342 | €404,858 | +€195,517 | +93.4% |
| Financial income | 75/76B | - | €355 | +€355 | |
| Recurring financial income | 75 | - | €355 | +€355 | |
| Financial charges | 65/66B | €492 | €136 | -€356 | -72.4% |
| Recurring financial charges | 65 | €492 | €136 | -€356 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €208,850 | €405,078 | +€196,228 | +94.0% |
| Income taxes | 67/77 | €16,588 | €14,940 | -€1,648 | -9.9% |
| Profit (loss) for the period | 9904 | €192,262 | €390,138 | +€197,876 | +102.9% |
| Profit (loss) for the period to be appropriated | 9905 | €192,262 | €390,138 | +€197,876 | +102.9% |
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 10 October 2026 via checked.be.