Gits 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.
Gits Immo
Largest movements
- Tangible fixed assets -€24,434
down €24,434 (-6.1%), from €399,837 to €375,403
of which Land and buildings: -€17,987
- Receivables within one year +€9,506
up €9,506 (+1,036%), from €918 to €10,423
of which Trade receivables: +€9,506
- Debts after one year -€33,766
down €33,766 (-10.1%), from €333,407 to €299,642
- Reserves +€9,008
up €9,008 (+85.5%), from €10,531 to €19,539
- Gross operating margin +€9,278
up €9,278 (+12.4%), from €74,571 to €83,848
- Staff costs +€5,310
up €5,310 (+16.1%), from €33,002 to €38,312
- Depreciation +€4,583
up €4,583 (+23.1%), from €19,851 to €24,434
- Taxes +€2,376
up €2,376 (+495%), from €480 to €2,855
- Financial charges +€884
up €884 (+16.4%), from €5,401 to €6,285
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 | €410,957 | €392,716 | -€18,241 | -4.4% |
| Fixed assets | 21/28 | €399,837 | €375,403 | -€24,434 | -6.1% |
| Tangible fixed assets | 22/27 | €399,837 | €375,403 | -€24,434 | -6.1% |
| Land and buildings | 22 | €354,515 | €336,528 | -€17,987 | -5.1% |
| Plant, machinery and equipment | 23 | €38,303 | €32,868 | -€5,436 | -14.2% |
| Furniture and vehicles | 24 | €7,019 | €6,007 | -€1,012 | -14.4% |
| Current assets | 29/58 | €11,120 | €17,313 | +€6,193 | +55.7% |
| Amounts receivable within one year | 40/41 | €918 | €10,423 | +€9,506 | +1,036% |
| Trade receivables | 40 | €918 | €10,423 | +€9,506 | +1,036% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,187 | €6,890 | -€3,297 | -32.4% |
| Deferred charges and accrued income | 490/1 | €16 | €0 | -€16 | -100% |
| Total equity and liabilities | 10/49 | €410,957 | €392,716 | -€18,241 | -4.4% |
| Equity | 10/15 | €19,531 | €28,539 | +€9,008 | +46.1% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €10,531 | €19,539 | +€9,008 | +85.5% |
| Distributable reserves | 133 | €10,531 | €19,539 | +€9,008 | +85.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €391,427 | €364,178 | -€27,249 | -7.0% |
| Amounts payable after more than one year | 17 | €333,407 | €299,642 | -€33,766 | -10.1% |
| Financial debts | 170/4 | €333,407 | €299,642 | -€33,766 | -10.1% |
| Amounts payable within one year | 42/48 | €58,020 | €64,532 | +€6,512 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €33,099 | €33,766 | +€667 | +2.0% |
| Trade debts | 44 | €1,998 | €5,488 | +€3,490 | +175% |
| Suppliers | 440/4 | €1,998 | €5,488 | +€3,490 | +175% |
| Taxes, remuneration and social security | 45 | €7,129 | €9,266 | +€2,137 | +30.0% |
| Taxes | 450/3 | €1,129 | €2,105 | +€975 | +86.4% |
| Remuneration and social security | 454/9 | €5,999 | €7,161 | +€1,161 | +19.4% |
| Other amounts payable | 47/48 | €15,794 | €16,012 | +€219 | +1.4% |
| Accrued charges and deferred income | 492/3 | €0 | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €33,002 | €38,312 | +€5,310 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,851 | €24,434 | +€4,583 | +23.1% |
| Other operating charges | 640/8 | €3,018 | €2,954 | -€64 | -2.1% |
| Gross operating margin | 9900 | €74,571 | €83,848 | +€9,278 | +12.4% |
| Operating profit (loss) | 9901 | €18,700 | €18,148 | -€551 | -2.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,401 | €6,285 | +€884 | +16.4% |
| Recurring financial charges | 65 | €5,401 | €6,285 | +€884 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €13,299 | €11,863 | -€1,436 | -10.8% |
| Income taxes | 67/77 | €480 | €2,855 | +€2,376 | +495% |
| Profit (loss) for the period | 9904 | €12,819 | €9,008 | -€3,811 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,819 | €9,008 | -€3,811 | -29.7% |
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 18 October 2026 via checked.be.