GGDD IMMO: what changed
Two fiscal 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.
GGDD IMMO
Largest movements
- Cash -€77,333
down €77,333 (-85.9%), from €89,979 to €12,646
mainly Other debts (-€125,000)
- Tangible fixed assets -€37,471
down €37,471 (-3.5%), from €1.1m to €1.0m
- Other debts -€125,000
down €125,000 (-10.9%), from €1.2m to €1.0m
- Turnover -€75,315
no longer reported in 2025 (was €75,315)
- Financial charges +€46,009
up €46,009 (+26905.8%), from €171 to €46,180
- Gross operating margin +€35,900
up €35,900 (+49.3%), from €72,800 to €108,700
- Taxes -€3,204
down €3,204 (-65.3%), from €4,910 to €1,706
- Purchases and services -€2,515
no longer reported in 2025 (was €2,515)
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 | €1,162,561 | €1,044,237 | -€118,324 | -10.2% |
| Fixed assets | 21/28 | €1,065,912 | €1,028,441 | -€37,471 | -3.5% |
| Tangible fixed assets | 22/27 | €1,065,912 | €1,028,441 | -€37,471 | -3.5% |
| Land and buildings | 22 | €1,065,912 | €1,028,441 | -€37,471 | -3.5% |
| Current assets | 29/58 | €96,649 | €15,796 | -€80,853 | -83.7% |
| Cash at bank and in hand | 54/58 | €89,979 | €12,646 | -€77,333 | -85.9% |
| Deferred charges and accrued income | 490/1 | €6,670 | €3,150 | -€3,520 | -52.8% |
| Total equity and liabilities | 10/49 | €1,162,561 | €1,044,237 | -€118,324 | -10.2% |
| Equity | 10/15 | €7,651 | €12,621 | +€4,970 | +65.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,349 | €2,621 | +€4,970 | |
| Amounts payable | 17/49 | €1,154,910 | €1,031,616 | -€123,294 | -10.7% |
| Amounts payable within one year | 42/48 | €1,154,910 | €1,031,616 | -€123,294 | -10.7% |
| Taxes, remuneration and social security | 45 | €4,910 | €6,616 | +€1,706 | +34.7% |
| Taxes | 450/3 | €4,910 | €6,616 | +€1,706 | +34.7% |
| Other amounts payable | 47/48 | €1,150,000 | €1,025,000 | -€125,000 | -10.9% |
| Turnover | 70 | €75,315 | - | -€75,315 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,515 | - | -€2,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,470 | €37,470 | +€0 | 0.0% |
| Other operating charges | 640/8 | €17,141 | €18,374 | +€1,233 | +7.2% |
| Gross operating margin | 9900 | €72,800 | €108,700 | +€35,900 | +49.3% |
| Operating profit (loss) | 9901 | €18,189 | €52,856 | +€34,667 | +190.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €171 | €46,180 | +€46,009 | +26905.8% |
| Recurring financial charges | 65 | €171 | €46,180 | +€46,009 | +26905.8% |
| Profit (loss) for the period before taxes | 9903 | €18,018 | €6,676 | -€11,342 | -62.9% |
| Income taxes | 67/77 | €4,910 | €1,706 | -€3,204 | -65.3% |
| Profit (loss) for the period | 9904 | €13,108 | €4,970 | -€8,138 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,108 | €4,970 | -€8,138 | -62.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.