GIMAS 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.
GIMAS IMMO
Largest movements
- Stocks and contracts +€815,008
up €815,008 (+495.9%), from €164,348 to €979,356
- Receivables within one year +€77,135
up €77,135 (+12131.2%), from €636 to €77,771
of which Trade receivables: +€76,897
- Cash -€34,662
down €34,662 (-92.5%), from €37,492 to €2,831
mainly Stocks and contracts (-€815,008) and Receivables within one year (-€77,135)
- Short-term financial debts +€424,294
new in 2025: €424,294
- Debts after one year +€289,759
up €289,759 (+142.9%), from €202,726 to €492,486
of which Other amounts payable: +€219,759
- Trade debts +€155,432
new in 2025: €155,432
- Profit (loss) carried forward -€12,334
down €12,334 (-39.8%), from -€30,951 to -€43,285
- Other operating charges -€1,999
down €1,999 (-99.9%), from €2,000 to €1
- Financial charges +€1,738
up €1,738 (+21.6%), from €8,027 to €9,764
- Financial income +€646
up €646 (+272.4%), from €237 to €883
- Gross operating margin -€358
down €358 (-11.6%), from -€3,093 to -€3,451
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 | €202,566 | €1,060,718 | +€858,152 | +423.6% |
| Current assets | 29/58 | €202,566 | €1,060,718 | +€858,152 | +423.6% |
| Stocks and contracts in progress | 3 | €164,348 | €979,356 | +€815,008 | +495.9% |
| Stocks | 30/36 | €164,348 | €979,356 | +€815,008 | +495.9% |
| Amounts receivable within one year | 40/41 | €636 | €77,771 | +€77,135 | +12131.2% |
| Trade receivables | 40 | - | €76,897 | +€76,897 | |
| Other amounts receivable | 41 | €636 | €875 | +€239 | +37.5% |
| Cash at bank and in hand | 54/58 | €37,492 | €2,831 | -€34,662 | -92.5% |
| Deferred charges and accrued income | 490/1 | €90 | €761 | +€671 | +748.3% |
| Total equity and liabilities | 10/49 | €202,566 | €1,060,718 | +€858,152 | +423.6% |
| Equity | 10/15 | -€184 | -€12,518 | -€12,334 | -6692.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,767 | €25,767 | = | 0.0% |
| Distributable reserves | 133 | €25,767 | €25,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,951 | -€43,285 | -€12,334 | -39.8% |
| Amounts payable | 17/49 | €202,750 | €1,073,236 | +€870,486 | +429.3% |
| Amounts payable after more than one year | 17 | €202,726 | €492,486 | +€289,759 | +142.9% |
| Financial debts | 170/4 | €100,000 | €170,000 | +€70,000 | +70.0% |
| Other amounts payable | 178/9 | €102,726 | €322,486 | +€219,759 | +213.9% |
| Amounts payable within one year | 42/48 | - | €579,726 | +€579,726 | |
| Financial debts | 43 | - | €424,294 | +€424,294 | |
| Credit institutions | 430/8 | - | €424,294 | +€424,294 | |
| Trade debts | 44 | - | €155,432 | +€155,432 | |
| Suppliers | 440/4 | - | €155,432 | +€155,432 | |
| Accrued charges and deferred income | 492/3 | €24 | €1,024 | +€1,001 | +4249.0% |
| Other operating charges | 640/8 | €2,000 | €1 | -€1,999 | -99.9% |
| Gross operating margin | 9900 | -€3,093 | -€3,451 | -€358 | -11.6% |
| Operating profit (loss) | 9901 | -€5,093 | -€3,452 | +€1,641 | +32.2% |
| Financial income | 75/76B | €237 | €883 | +€646 | +272.4% |
| Recurring financial income | 75 | €237 | €883 | +€646 | +272.4% |
| Financial charges | 65/66B | €8,027 | €9,764 | +€1,738 | +21.6% |
| Recurring financial charges | 65 | €8,027 | €9,764 | +€1,738 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,883 | -€12,334 | +€549 | +4.3% |
| Profit (loss) for the period | 9904 | -€12,883 | -€12,334 | +€549 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,883 | -€12,334 | +€549 | +4.3% |
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 10 October 2026 via checked.be.