GEBON 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.
GEBON IMMO
Largest movements
- Cash +€27,787
up €27,787 (+78.6%), from €35,368 to €63,155
mainly Depreciation (+€14,895) and Net result for the year (+€7,575)
- Tangible fixed assets -€14,895
down €14,895 (-3.8%), from €395,426 to €380,531
- Profit (loss) carried forward +€7,575
up €7,575 (+23.2%), from €32,670 to €40,245
- Gross operating margin +€6,813
up €6,813 (+32.4%), from €21,003 to €27,816
- Depreciation +€2,482
up €2,482 (+20.0%), from €12,413 to €14,895
- Other operating charges -€570
down €570 (-10.4%), from €5,471 to €4,901
- Taxes -€401
no longer reported in 2025 (was €401)
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 | €433,008 | €445,578 | +€12,570 | +2.9% |
| Fixed assets | 21/28 | €395,826 | €380,531 | -€15,295 | -3.9% |
| Tangible fixed assets | 22/27 | €395,426 | €380,531 | -€14,895 | -3.8% |
| Land and buildings | 22 | €395,426 | €380,531 | -€14,895 | -3.8% |
| Financial fixed assets | 28 | €400 | - | -€400 | |
| Current assets | 29/58 | €37,182 | €65,047 | +€27,865 | +74.9% |
| Cash at bank and in hand | 54/58 | €35,368 | €63,155 | +€27,787 | +78.6% |
| Deferred charges and accrued income | 490/1 | €1,814 | €1,892 | +€78 | +4.3% |
| Total equity and liabilities | 10/49 | €433,008 | €445,578 | +€12,570 | +2.9% |
| Equity | 10/15 | €100,320 | €107,895 | +€7,575 | +7.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,670 | €40,245 | +€7,575 | +23.2% |
| Amounts payable | 17/49 | €332,688 | €337,683 | +€4,995 | +1.5% |
| Amounts payable after more than one year | 17 | €331,246 | €335,224 | +€3,978 | +1.2% |
| Other amounts payable | 178/9 | €331,246 | €335,224 | +€3,978 | +1.2% |
| Amounts payable within one year | 42/48 | €480 | €2,459 | +€1,979 | +412% |
| Trade debts | 44 | €480 | €2,459 | +€1,979 | +412% |
| Suppliers | 440/4 | €480 | €2,459 | +€1,979 | +412% |
| Accrued charges and deferred income | 492/3 | €962 | - | -€962 | |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,413 | €14,895 | +€2,482 | +20.0% |
| Other operating charges | 640/8 | €5,471 | €4,901 | -€570 | -10.4% |
| Gross operating margin | 9900 | €21,003 | €27,816 | +€6,813 | +32.4% |
| Operating profit (loss) | 9901 | €2,732 | €7,620 | +€4,888 | +179% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €2,689 | €7,575 | +€4,886 | +182% |
| Income taxes | 67/77 | €401 | - | -€401 | |
| Profit (loss) for the period | 9904 | €2,288 | €7,575 | +€5,288 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €2,288 | €7,575 | +€5,288 | +231% |
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 14 October 2026 via checked.be.