GHYSELEN 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.
GHYSELEN IMMO
Largest movements
- Tangible fixed assets -€66,210
down €66,210 (-93.8%), from €70,594 to €4,383
of which Land and buildings: -€64,095
- Cash +€4,086
up €4,086 (+5.7%), from €72,037 to €76,123
mainly Investment in fixed assets (net) (+€54,917) and Depreciation (+€11,293)
- Deferred charges and accrued income +€2,419
new in 2025: €2,419
- Profit (loss) carried forward -€29,609
new in 2025: -€29,609
- Tax, wage and social debts -€19,071
down €19,071 (-85.0%), from €22,427 to €3,356
- Debts after one year -€6,025
down €6,025 (-15.4%), from €39,240 to €33,215
of which Financial debts: -€6,025
- Trade debts +€5,068
up €5,068 (+6,958%), from €73 to €5,141
- Other debts -€4,763
down €4,763 (-39.2%), from €12,141 to €7,378
- Gross operating margin -€53,106
down €53,106, from €29,532 to -€23,573
- Financial income +€22,850
new in 2025: €22,850
of which Non-recurring financial income: +€22,845
- Depreciation +€8,866
up €8,866 (+365%), from €2,427 to €11,293
- Taxes -€6,042
down €6,042 (-84.8%), from €7,122 to €1,080
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 | €151,515 | €92,465 | -€59,050 | -39.0% |
| Fixed assets | 21/28 | €70,724 | €4,513 | -€66,210 | -93.6% |
| Tangible fixed assets | 22/27 | €70,594 | €4,383 | -€66,210 | -93.8% |
| Land and buildings | 22 | €64,095 | - | -€64,095 | |
| Plant, machinery and equipment | 23 | - | €1,211 | +€1,211 | |
| Furniture and vehicles | 24 | €6,499 | €3,172 | -€3,326 | -51.2% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €80,792 | €87,952 | +€7,160 | +8.9% |
| Amounts receivable within one year | 40/41 | €8,755 | €9,410 | +€655 | +7.5% |
| Other amounts receivable | 41 | €8,755 | €9,410 | +€655 | +7.5% |
| Cash at bank and in hand | 54/58 | €72,037 | €76,123 | +€4,086 | +5.7% |
| Deferred charges and accrued income | 490/1 | - | €2,419 | +€2,419 | |
| Total equity and liabilities | 10/49 | €151,515 | €92,465 | -€59,050 | -39.0% |
| Equity | 10/15 | €66,959 | €37,351 | -€29,609 | -44.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,359 | €48,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,499 | €46,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,609 | -€29,609 | |
| Amounts payable | 17/49 | €84,556 | €55,114 | -€29,441 | -34.8% |
| Amounts payable after more than one year | 17 | €39,240 | €33,215 | -€6,025 | -15.4% |
| Financial debts | 170/4 | €34,240 | €28,215 | -€6,025 | -17.6% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,316 | €21,900 | -€23,416 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €10,675 | €6,025 | -€4,650 | -43.6% |
| Trade debts | 44 | €73 | €5,141 | +€5,068 | +6,958% |
| Suppliers | 440/4 | €73 | €5,141 | +€5,068 | +6,958% |
| Taxes, remuneration and social security | 45 | €22,427 | €3,356 | -€19,071 | -85.0% |
| Taxes | 450/3 | €22,427 | €3,356 | -€19,071 | -85.0% |
| Other amounts payable | 47/48 | €12,141 | €7,378 | -€4,763 | -39.2% |
| Non-recurring operating income | 76A | €3,706 | - | -€3,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,427 | €11,293 | +€8,866 | +365% |
| Other operating charges | 640/8 | €1,404 | €1,242 | -€162 | -11.6% |
| Non-recurring operating charges | 66A | - | €14,095 | +€14,095 | |
| Gross operating margin | 9900 | €29,532 | -€23,573 | -€53,106 | |
| Operating profit (loss) | 9901 | €25,701 | -€50,204 | -€75,904 | |
| Financial income | 75/76B | - | €22,850 | +€22,850 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Non-recurring financial income | 76B | - | €22,845 | +€22,845 | |
| Financial charges | 65/66B | €1,395 | €1,175 | -€220 | -15.8% |
| Recurring financial charges | 65 | €1,395 | €1,175 | -€220 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €24,306 | -€28,528 | -€52,834 | |
| Income taxes | 67/77 | €7,122 | €1,080 | -€6,042 | -84.8% |
| Profit (loss) for the period | 9904 | €17,183 | -€29,609 | -€46,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,183 | -€29,609 | -€46,792 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.