GEBOUW: 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.
GEBOUW
Largest movements
- Tangible fixed assets -€205,460
down €205,460 (-7.6%), from €2.7m to €2.5m
of which Land and buildings: -€193,369
- Cash +€74,738
up €74,738 (+73.2%), from €102,144 to €176,882
mainly Net result for the year (+€265,167) and Investment in fixed assets (net) (+€103,715)
- Debts after one year -€365,760
down €365,760 (-27.1%), from €1.4m to €984,279
- Profit (loss) carried forward +€139,976
up €139,976 (+35.7%), from €391,932 to €531,908
- Reserves +€125,192
up €125,192 (+6.9%), from €1.8m to €1.9m
of which Tax-exempt reserves: +€125,192
- Provisions -€55,374
down €55,374 (-21.9%), from €253,429 to €198,054
- Tax, wage and social debts +€41,540
up €41,540 (+288.3%), from €14,407 to €55,947
of which Taxes: +€38,907
- Gross operating margin +€247,228
up €247,228 (+110.5%), from €223,734 to €470,961
- Taxes +€48,407
up €48,407 (+986.4%), from €4,907 to €53,314
- Depreciation -€22,363
down €22,363 (-18.0%), from €124,107 to €101,745
- Staff costs +€22,141
new in 2025: €22,141
- Financial charges -€7,804
down €7,804 (-12.6%), from €61,939 to €54,135
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 | €4,055,389 | €3,927,317 | -€128,071 | -3.2% |
| Fixed assets | 21/28 | €3,948,015 | €3,742,555 | -€205,460 | -5.2% |
| Tangible fixed assets | 22/27 | €2,690,515 | €2,485,055 | -€205,460 | -7.6% |
| Land and buildings | 22 | €2,652,815 | €2,459,446 | -€193,369 | -7.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €37,701 | €25,609 | -€12,091 | -32.1% |
| Financial fixed assets | 28 | €1,257,500 | €1,257,500 | = | 0.0% |
| Current assets | 29/58 | €107,373 | €184,762 | +€77,389 | +72.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €2,053 | +€2,053 | |
| Other amounts receivable | 41 | €0 | €2,053 | +€2,053 | |
| Cash at bank and in hand | 54/58 | €102,144 | €176,882 | +€74,738 | +73.2% |
| Deferred charges and accrued income | 490/1 | €5,230 | €5,827 | +€597 | +11.4% |
| Total equity and liabilities | 10/49 | €4,055,389 | €3,927,317 | -€128,071 | -3.2% |
| Equity | 10/15 | €2,267,403 | €2,532,571 | +€265,167 | +11.7% |
| 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 | €1,813,971 | €1,939,163 | +€125,192 | +6.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €468,971 | €594,163 | +€125,192 | +26.7% |
| Distributable reserves | 133 | €1,338,850 | €1,338,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €391,932 | €531,908 | +€139,976 | +35.7% |
| Provisions and deferred taxes | 16 | €253,429 | €198,054 | -€55,374 | -21.9% |
| Deferred taxes | 168 | €253,429 | €198,054 | -€55,374 | -21.9% |
| Amounts payable | 17/49 | €1,534,557 | €1,196,692 | -€337,865 | -22.0% |
| Amounts payable after more than one year | 17 | €1,350,039 | €984,279 | -€365,760 | -27.1% |
| Financial debts | 170/4 | €1,350,039 | €984,279 | -€365,760 | -27.1% |
| Amounts payable within one year | 42/48 | €143,886 | €202,087 | +€58,202 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €113,469 | €115,760 | +€2,290 | +2.0% |
| Financial debts | 43 | - | €89 | +€89 | |
| Credit institutions | 430/8 | - | €89 | +€89 | |
| Trade debts | 44 | €7,265 | €27,547 | +€20,283 | +279.2% |
| Suppliers | 440/4 | €7,265 | €27,547 | +€20,283 | +279.2% |
| Taxes, remuneration and social security | 45 | €14,407 | €55,947 | +€41,540 | +288.3% |
| Taxes | 450/3 | €14,407 | €53,314 | +€38,907 | +270.1% |
| Remuneration and social security | 454/9 | - | €2,633 | +€2,633 | |
| Other amounts payable | 47/48 | €8,745 | €2,745 | -€6,000 | -68.6% |
| Accrued charges and deferred income | 492/3 | €40,632 | €10,326 | -€30,307 | -74.6% |
| Remuneration, social security and pensions | 62 | - | €22,141 | +€22,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,107 | €101,745 | -€22,363 | -18.0% |
| Other operating charges | 640/8 | €27,901 | €29,833 | +€1,932 | +6.9% |
| Gross operating margin | 9900 | €223,734 | €470,961 | +€247,228 | +110.5% |
| Operating profit (loss) | 9901 | €71,726 | €317,243 | +€245,517 | +342.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €61,939 | €54,135 | -€7,804 | -12.6% |
| Recurring financial charges | 65 | €61,939 | €54,135 | -€7,804 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €9,787 | €263,107 | +€253,321 | +2588.4% |
| Transfer from deferred taxes | 780 | €10,319 | €110,927 | +€100,608 | +975.0% |
| Transfer to deferred taxes | 680 | - | €55,552 | +€55,552 | |
| Income taxes | 67/77 | €4,907 | €53,314 | +€48,407 | +986.4% |
| Profit (loss) for the period | 9904 | €15,198 | €265,167 | +€249,970 | +1644.8% |
| Transfer from tax-exempt reserves | 789 | €30,956 | €41,465 | +€10,510 | +34.0% |
| Transfer to tax-exempt reserves | 689 | - | €166,657 | +€166,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,153 | €139,976 | +€93,822 | +203.3% |
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 11 October 2026 via checked.be.