GENERIC 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.
GENERIC IMMO
Largest movements
- Tangible fixed assets -€70,806
down €70,806 (-10.5%), from €675,982 to €605,176
of which Other tangible fixed assets: -€60,307
- Cash +€49,170
up €49,170 (+16.9%), from €291,499 to €340,669
mainly Depreciation (+€85,851) and Deferred charges and accrued income (+€31,824)
- Deferred charges and accrued income -€31,824
down €31,824 (-76.9%), from €41,401 to €9,576
- Receivables within one year +€13,186
up €13,186 (+32.8%), from €40,217 to €53,403
of which Trade receivables: +€13,104
- Profit (loss) carried forward -€46,798
down €46,798 (-213%), from -€21,998 to -€68,796
- Other debts +€11,560
up €11,560 (+2.1%), from €548,356 to €559,916
- Trade debts -€10,749
down €10,749 (-25.2%), from €42,644 to €31,895
- Gross operating margin +€6,515
up €6,515 (+9.4%), from €69,434 to €75,949
- Other operating charges +€5,643
up €5,643 (+18.4%), from €30,707 to €36,351
- Depreciation +€4,910
up €4,910 (+6.1%), from €80,942 to €85,851
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 | €1,049,099 | €1,008,824 | -€40,275 | -3.8% |
| Fixed assets | 21/28 | €675,982 | €605,176 | -€70,806 | -10.5% |
| Tangible fixed assets | 22/27 | €675,982 | €605,176 | -€70,806 | -10.5% |
| Land and buildings | 22 | €93,682 | €92,182 | -€1,500 | -1.6% |
| Plant, machinery and equipment | 23 | €3,772 | €3,193 | -€579 | -15.3% |
| Furniture and vehicles | 24 | €33,144 | €24,724 | -€8,420 | -25.4% |
| Other tangible fixed assets | 26 | €545,385 | €485,078 | -€60,307 | -11.1% |
| Current assets | 29/58 | €373,117 | €403,648 | +€30,531 | +8.2% |
| Amounts receivable within one year | 40/41 | €40,217 | €53,403 | +€13,186 | +32.8% |
| Trade receivables | 40 | €34,584 | €47,688 | +€13,104 | +37.9% |
| Other amounts receivable | 41 | €5,634 | €5,715 | +€82 | +1.4% |
| Cash at bank and in hand | 54/58 | €291,499 | €340,669 | +€49,170 | +16.9% |
| Deferred charges and accrued income | 490/1 | €41,401 | €9,576 | -€31,824 | -76.9% |
| Total equity and liabilities | 10/49 | €1,049,099 | €1,008,824 | -€40,275 | -3.8% |
| Equity | 10/15 | €349,222 | €302,423 | -€46,798 | -13.4% |
| Contributions | 10/11 | €288,052 | €288,052 | = | 0.0% |
| Capital | 10 | €288,052 | €288,052 | = | 0.0% |
| Issued capital | 100 | €288,052 | €288,052 | = | 0.0% |
| Reserves | 13 | €83,167 | €83,167 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,805 | €28,805 | = | 0.0% |
| Legal reserve | 130 | €28,805 | €28,805 | = | 0.0% |
| Distributable reserves | 133 | €54,362 | €54,362 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,998 | -€68,796 | -€46,798 | -213% |
| Amounts payable | 17/49 | €699,878 | €706,401 | +€6,523 | +0.9% |
| Amounts payable within one year | 42/48 | €615,564 | €622,087 | +€6,523 | +1.1% |
| Trade debts | 44 | €42,644 | €31,895 | -€10,749 | -25.2% |
| Suppliers | 440/4 | €42,644 | €31,895 | -€10,749 | -25.2% |
| Taxes, remuneration and social security | 45 | €24,564 | €30,275 | +€5,712 | +23.3% |
| Taxes | 450/3 | €24,564 | €30,275 | +€5,712 | +23.3% |
| Other amounts payable | 47/48 | €548,356 | €559,916 | +€11,560 | +2.1% |
| Accrued charges and deferred income | 492/3 | €84,314 | €84,314 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,942 | €85,851 | +€4,910 | +6.1% |
| Other operating charges | 640/8 | €30,707 | €36,351 | +€5,643 | +18.4% |
| Gross operating margin | 9900 | €69,434 | €75,949 | +€6,515 | +9.4% |
| Operating profit (loss) | 9901 | -€42,215 | -€46,253 | -€4,038 | -9.6% |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.7% |
| Financial charges | 65/66B | €879 | €202 | -€677 | -77.0% |
| Recurring financial charges | 65 | €879 | €202 | -€677 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,088 | -€46,455 | -€3,367 | -7.8% |
| Income taxes | 67/77 | €325 | €343 | +€18 | +5.6% |
| Profit (loss) for the period | 9904 | -€43,413 | -€46,798 | -€3,385 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,413 | -€46,798 | -€3,385 | -7.8% |
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 21 October 2026 via checked.be.