GIJBELS 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.
GIJBELS IMMO
Largest movements
- Tangible fixed assets -€67,829
down €67,829 (-3.9%), from €1.7m to €1.7m
- Debts after one year -€109,726
down €109,726 (-10.5%), from €1.0m to €932,346
of which Financial debts: -€117,826
- Other debts +€54,600
up €54,600 (+5.1%), from €1.1m to €1.1m
- Financial charges +€57,445
up €57,445 (+156%), from €36,825 to €94,270
- Gross operating margin +€2,608
up €2,608 (+1.4%), from €180,836 to €183,444
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 | €2,253,453 | €2,180,658 | -€72,795 | -3.2% |
| Fixed assets | 21/28 | €2,244,371 | €2,176,542 | -€67,829 | -3.0% |
| Tangible fixed assets | 22/27 | €1,719,171 | €1,651,342 | -€67,829 | -3.9% |
| Land and buildings | 22 | €1,719,171 | €1,651,342 | -€67,829 | -3.9% |
| Financial fixed assets | 28 | €525,200 | €525,200 | = | 0.0% |
| Current assets | 29/58 | €9,082 | €4,116 | -€4,966 | -54.7% |
| Amounts receivable within one year | 40/41 | €2,208 | €89 | -€2,119 | -96.0% |
| Trade receivables | 40 | €2,208 | €89 | -€2,119 | -96.0% |
| Current investments | 50/53 | €1,615 | - | -€1,615 | |
| Cash at bank and in hand | 54/58 | - | €81 | +€81 | |
| Deferred charges and accrued income | 490/1 | €5,259 | €3,947 | -€1,313 | -25.0% |
| Total equity and liabilities | 10/49 | €2,253,453 | €2,180,658 | -€72,795 | -3.2% |
| Equity | 10/15 | €7,337 | €3,915 | -€3,422 | -46.6% |
| Contributions | 10/11 | €525,200 | €525,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€517,863 | -€521,285 | -€3,422 | -0.7% |
| Amounts payable | 17/49 | €2,246,116 | €2,176,744 | -€69,372 | -3.1% |
| Amounts payable after more than one year | 17 | €1,042,072 | €932,346 | -€109,726 | -10.5% |
| Financial debts | 170/4 | €1,039,572 | €921,746 | -€117,826 | -11.3% |
| Other amounts payable | 178/9 | €2,500 | €10,600 | +€8,100 | +324% |
| Amounts payable within one year | 42/48 | €1,204,044 | €1,240,320 | +€36,276 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €118,916 | €120,122 | +€1,207 | +1.0% |
| Trade debts | 44 | €22,311 | €2,780 | -€19,531 | -87.5% |
| Suppliers | 440/4 | €22,311 | €2,780 | -€19,531 | -87.5% |
| Other amounts payable | 47/48 | €1,062,817 | €1,117,418 | +€54,600 | +5.1% |
| Accrued charges and deferred income | 492/3 | - | €4,077 | +€4,077 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,829 | €67,829 | = | 0.0% |
| Other operating charges | 640/8 | €22,401 | €22,648 | +€247 | +1.1% |
| Non-recurring operating charges | 66A | - | €2,119 | +€2,119 | |
| Gross operating margin | 9900 | €180,836 | €183,444 | +€2,608 | +1.4% |
| Operating profit (loss) | 9901 | €90,605 | €90,848 | +€242 | +0.3% |
| Financial charges | 65/66B | €36,825 | €94,270 | +€57,445 | +156% |
| Recurring financial charges | 65 | €36,825 | €94,270 | +€57,445 | +156% |
| Profit (loss) for the period before taxes | 9903 | €53,780 | -€3,422 | -€57,202 | |
| Profit (loss) for the period | 9904 | €53,780 | -€3,422 | -€57,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,780 | -€3,422 | -€57,202 |
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 22 October 2026 via checked.be.