Gimall Vastgoed: 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.
Gimall Vastgoed
Largest movements
- Cash -€152,065
down €152,065 (-49.2%), from €308,998 to €156,934
mainly Debts after one year (-€452,055) and Receivables within one year (-€8,838)
- Tangible fixed assets -€65,925
down €65,925 (-2.9%), from €2.3m to €2.2m
of which Land and buildings: -€54,963
- Debts after one year -€452,055
down €452,055 (-25.3%), from €1.8m to €1.3m
of which Other amounts payable: -€1.8m
- Current portion of long-term debt +€146,698
new in 2025: €146,698
- Profit (loss) carried forward +€82,587
up €82,587 (+62.1%), from €133,019 to €215,606
- Gross operating margin -€12,642
down €12,642 (-4.7%), from €267,485 to €254,843
- Financial charges -€6,282
down €6,282 (-12.1%), from €52,068 to €45,786
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 | €2,583,192 | €2,373,483 | -€209,709 | -8.1% |
| Fixed assets | 21/28 | €2,251,933 | €2,186,009 | -€65,925 | -2.9% |
| Tangible fixed assets | 22/27 | €2,251,933 | €2,186,009 | -€65,925 | -2.9% |
| Land and buildings | 22 | €2,161,055 | €2,106,093 | -€54,963 | -2.5% |
| Plant, machinery and equipment | 23 | €90,878 | €79,916 | -€10,962 | -12.1% |
| Current assets | 29/58 | €331,258 | €187,474 | -€143,784 | -43.4% |
| Amounts receivable within one year | 40/41 | €20,893 | €29,731 | +€8,838 | +42.3% |
| Trade receivables | 40 | €18,669 | €21,511 | +€2,842 | +15.2% |
| Other amounts receivable | 41 | €2,224 | €8,220 | +€5,996 | +270% |
| Cash at bank and in hand | 54/58 | €308,998 | €156,934 | -€152,065 | -49.2% |
| Deferred charges and accrued income | 490/1 | €1,367 | €809 | -€558 | -40.8% |
| Total equity and liabilities | 10/49 | €2,583,192 | €2,373,483 | -€209,709 | -8.1% |
| Equity | 10/15 | €753,019 | €835,606 | +€82,587 | +11.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €420,000 | €420,000 | = | 0.0% |
| Distributable reserves | 133 | €420,000 | €420,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,019 | €215,606 | +€82,587 | +62.1% |
| Amounts payable | 17/49 | €1,830,173 | €1,537,877 | -€292,296 | -16.0% |
| Amounts payable after more than one year | 17 | €1,785,565 | €1,333,510 | -€452,055 | -25.3% |
| Financial debts | 170/4 | - | €1,333,510 | +€1.3m | |
| Other amounts payable | 178/9 | €1,785,565 | €0 | -€1.8m | -100% |
| Amounts payable within one year | 42/48 | €44,608 | €200,528 | +€155,920 | +350% |
| Current portion of amounts payable after more than one year | 42 | - | €146,698 | +€146,698 | |
| Trade debts | 44 | €6,442 | €17,537 | +€11,095 | +172% |
| Suppliers | 440/4 | €6,442 | €17,537 | +€11,095 | +172% |
| Taxes, remuneration and social security | 45 | €11,786 | €9,913 | -€1,873 | -15.9% |
| Taxes | 450/3 | €11,786 | €9,913 | -€1,873 | -15.9% |
| Other amounts payable | 47/48 | €26,380 | €26,380 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,839 | +€3,839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,818 | €71,961 | +€1,143 | +1.6% |
| Other operating charges | 640/8 | €26,167 | €26,981 | +€813 | +3.1% |
| Gross operating margin | 9900 | €267,485 | €254,843 | -€12,642 | -4.7% |
| Operating profit (loss) | 9901 | €170,500 | €155,902 | -€14,598 | -8.6% |
| Financial income | 75/76B | €672 | €0 | -€672 | -100.0% |
| Recurring financial income | 75 | €672 | €0 | -€672 | -100.0% |
| Financial charges | 65/66B | €52,068 | €45,786 | -€6,282 | -12.1% |
| Recurring financial charges | 65 | €52,068 | €45,786 | -€6,282 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €119,104 | €110,116 | -€8,988 | -7.5% |
| Income taxes | 67/77 | €29,776 | €27,529 | -€2,247 | -7.5% |
| Profit (loss) for the period | 9904 | €89,328 | €82,587 | -€6,741 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €89,328 | €82,587 | -€6,741 | -7.5% |
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 31 October 2026 via checked.be.