Gecofisc 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.
Gecofisc Immo
Largest movements
- Tangible fixed assets -€19,034
down €19,034 (-3.9%), from €492,664 to €473,631
- Other debts +€48,000
up €48,000 (+25.0%), from €192,244 to €240,244
- Profit (loss) carried forward -€37,116
down €37,116 (-8.3%), from -€445,050 to -€482,166
- Debts after one year -€33,500
down €33,500 (-5.3%), from €636,084 to €602,584
No income-statement line moved by more than 1% of the activity.
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,999 | €476,965 | -€19,034 | -3.8% |
| Fixed assets | 21/28 | €492,664 | €473,631 | -€19,034 | -3.9% |
| Tangible fixed assets | 22/27 | €492,664 | €473,631 | -€19,034 | -3.9% |
| Land and buildings | 22 | €492,664 | €473,631 | -€19,034 | -3.9% |
| Current assets | 29/58 | €3,334 | €3,334 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,321 | €3,321 | = | 0.0% |
| Trade receivables | 40 | €3,321 | €3,321 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13 | €13 | = | 0.0% |
| Total equity and liabilities | 10/49 | €495,999 | €476,965 | -€19,034 | -3.8% |
| Equity | 10/15 | -€415,050 | -€452,166 | -€37,116 | -8.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€445,050 | -€482,166 | -€37,116 | -8.3% |
| Amounts payable | 17/49 | €911,048 | €929,131 | +€18,082 | +2.0% |
| Amounts payable after more than one year | 17 | €636,084 | €602,584 | -€33,500 | -5.3% |
| Financial debts | 170/4 | €636,084 | €602,584 | -€33,500 | -5.3% |
| Amounts payable within one year | 42/48 | €269,706 | €321,288 | +€51,582 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €33,451 | €34,451 | +€1,000 | +3.0% |
| Financial debts | 43 | €4,087 | €4,087 | = | 0.0% |
| Credit institutions | 430/8 | €4,087 | €4,087 | = | 0.0% |
| Trade debts | 44 | €39,923 | €42,506 | +€2,582 | +6.5% |
| Suppliers | 440/4 | €39,923 | €42,506 | +€2,582 | +6.5% |
| Other amounts payable | 47/48 | €192,244 | €240,244 | +€48,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €5,258 | €5,258 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,034 | €19,034 | = | 0.0% |
| Other operating charges | 640/8 | €2,235 | €2,235 | = | 0.0% |
| Gross operating margin | 9900 | -€348 | -€348 | = | 0.0% |
| Operating profit (loss) | 9901 | -€21,616 | -€21,616 | = | 0.0% |
| Financial charges | 65/66B | €15,500 | €15,500 | = | 0.0% |
| Recurring financial charges | 65 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€37,116 | -€37,116 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€37,116 | -€37,116 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,116 | -€37,116 | = | 0.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.