GINGO-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.
GINGO-IMMO
Largest movements
- Cash -€104,417
down €104,417 (-45.4%), from €229,853 to €125,436
mainly Other debts (-€200,535) and Tax, wage and social debts (-€534)
- Financial fixed assets -€74,952
down €74,952 (-50.1%), from €149,734 to €74,782
- Tangible fixed assets -€15,279
down €15,279 (-11.6%), from €131,254 to €115,975
of which Land and buildings: -€13,680
- Other debts -€200,535
down €200,535 (-65.0%), from €308,395 to €107,860
- Profit (loss) carried forward +€5,450
up €5,450 (+228.2%), from €2,388 to €7,838
- Purchases and services -€32,799
down €32,799 (-53.9%), from €60,866 to €28,067
- Turnover -€21,061
down €21,061 (-29.5%), from €71,418 to €50,357
- Financial income -€13,118
down €13,118 (-98.4%), from €13,338 to €220
- Gross operating margin +€11,738
up €11,738 (+111.2%), from €10,552 to €22,290
- Depreciation -€2,703
down €2,703 (-15.0%), from €17,982 to €15,279
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,590 | €335,785 | -€195,805 | -36.8% |
| Fixed assets | 21/28 | €280,988 | €190,757 | -€90,231 | -32.1% |
| Tangible fixed assets | 22/27 | €131,254 | €115,975 | -€15,279 | -11.6% |
| Land and buildings | 22 | €128,056 | €114,376 | -€13,680 | -10.7% |
| Furniture and vehicles | 24 | €3,198 | €1,599 | -€1,599 | -50.0% |
| Financial fixed assets | 28 | €149,734 | €74,782 | -€74,952 | -50.1% |
| Current assets | 29/58 | €250,602 | €145,028 | -€105,574 | -42.1% |
| Amounts receivable within one year | 40/41 | €20,749 | €19,592 | -€1,157 | -5.6% |
| Trade receivables | 40 | €1,157 | €0 | -€1,157 | -100.0% |
| Other amounts receivable | 41 | €19,592 | €19,592 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €229,853 | €125,436 | -€104,417 | -45.4% |
| Total equity and liabilities | 10/49 | €531,590 | €335,785 | -€195,805 | -36.8% |
| Equity | 10/15 | €219,342 | €224,792 | +€5,450 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,354 | €198,354 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,469 | €8,469 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,469 | €8,469 | = | 0.0% |
| Distributable reserves | 133 | €189,885 | €189,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,388 | €7,838 | +€5,450 | +228.2% |
| Amounts payable | 17/49 | €312,248 | €110,993 | -€201,255 | -64.5% |
| Amounts payable within one year | 42/48 | €312,248 | €110,993 | -€201,255 | -64.5% |
| Trade debts | 44 | €1,595 | €1,409 | -€186 | -11.7% |
| Suppliers | 440/4 | €1,595 | €1,409 | -€186 | -11.7% |
| Taxes, remuneration and social security | 45 | €2,258 | €1,724 | -€534 | -23.6% |
| Taxes | 450/3 | €2,258 | €1,724 | -€534 | -23.6% |
| Other amounts payable | 47/48 | €308,395 | €107,860 | -€200,535 | -65.0% |
| Turnover | 70 | €71,418 | €50,357 | -€21,061 | -29.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €60,866 | €28,067 | -€32,799 | -53.9% |
| Remuneration, social security and pensions | 62 | €357 | €394 | +€37 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,982 | €15,279 | -€2,703 | -15.0% |
| Gross operating margin | 9900 | €10,552 | €22,290 | +€11,738 | +111.2% |
| Operating profit (loss) | 9901 | -€7,787 | €6,617 | +€14,404 | |
| Financial income | 75/76B | €13,338 | €220 | -€13,118 | -98.4% |
| Recurring financial income | 75 | €13,338 | €220 | -€13,118 | -98.4% |
| Financial charges | 65/66B | €360 | €339 | -€21 | -5.8% |
| Recurring financial charges | 65 | €360 | €339 | -€21 | -5.8% |
| Non-recurring financial charges | 66B | €360 | €339 | -€21 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,191 | €6,498 | +€1,307 | +25.2% |
| Income taxes | 67/77 | €451 | €1,048 | +€597 | +132.4% |
| Profit (loss) for the period | 9904 | €4,740 | €5,450 | +€710 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,740 | €5,450 | +€710 | +15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.