GNW 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.
GNW IMMO
Largest movements
- Cash -€16,453
down €16,453 (-93.1%), from €17,673 to €1,220
mainly Receivables within one year (-€16,223) and Net result for the year (-€6,776)
- Receivables within one year +€16,223
up €16,223 (+88.9%), from €18,258 to €34,481
of which Other amounts receivable: +€31,223
- Other debts +€8,554
up €8,554 (+401%), from €2,132 to €10,686
- Reserves -€6,776
down €6,776 (-81.2%), from €8,341 to €1,565
- Tax, wage and social debts -€1,689
down €1,689 (-50.6%), from €3,340 to €1,651
- Gross operating margin -€53,483
down €53,483, from €47,256 to -€6,226
- Taxes -€3,340
down €3,340 (-100%), from €3,340 to €0
- Other operating charges -€2,747
down €2,747 (-84.3%), from €3,260 to €513
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.
Derived cash bridge
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 | €35,931 | €35,701 | -€230 | -0.6% |
| Current assets | 29/58 | €35,931 | €35,701 | -€230 | -0.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,258 | €34,481 | +€16,223 | +88.9% |
| Trade receivables | 40 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts receivable | 41 | €3,258 | €34,481 | +€31,223 | +958% |
| Cash at bank and in hand | 54/58 | €17,673 | €1,220 | -€16,453 | -93.1% |
| Total equity and liabilities | 10/49 | €35,931 | €35,701 | -€230 | -0.6% |
| Equity | 10/15 | €28,341 | €21,565 | -€6,776 | -23.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,341 | €1,565 | -€6,776 | -81.2% |
| Distributable reserves | 133 | €8,341 | €1,565 | -€6,776 | -81.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,590 | €14,136 | +€6,546 | +86.2% |
| Amounts payable within one year | 42/48 | €7,590 | €14,136 | +€6,546 | +86.2% |
| Trade debts | 44 | €2,118 | €1,799 | -€319 | -15.1% |
| Suppliers | 440/4 | €2,118 | €1,799 | -€319 | -15.1% |
| Taxes, remuneration and social security | 45 | €3,340 | €1,651 | -€1,689 | -50.6% |
| Taxes | 450/3 | €3,340 | €1,651 | -€1,689 | -50.6% |
| Other amounts payable | 47/48 | €2,132 | €10,686 | +€8,554 | +401% |
| Other operating charges | 640/8 | €3,260 | €513 | -€2,747 | -84.3% |
| Gross operating margin | 9900 | €47,256 | -€6,226 | -€53,483 | |
| Operating profit (loss) | 9901 | €43,996 | -€6,740 | -€50,736 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €50 | €44 | -€6 | -12.4% |
| Recurring financial charges | 65 | €50 | €44 | -€6 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €43,947 | -€6,776 | -€50,722 | |
| Income taxes | 67/77 | €3,340 | €0 | -€3,340 | -100% |
| Profit (loss) for the period | 9904 | €40,606 | -€6,776 | -€47,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,606 | -€6,776 | -€47,382 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.