GO 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.
GO IMMO
Largest movements
- Cash +€156,228
up €156,228 (+324.9%), from €48,083 to €204,311
mainly Depreciation (+€137,369) and Net result for the year (+€126,841)
- Tangible fixed assets -€71,023
down €71,023 (-6.0%), from €1.2m to €1.1m
of which Furniture and vehicles: -€96,257
- Receivables within one year +€59,927
up €59,927 (+29.0%), from €206,787 to €266,713
of which Other amounts receivable: +€70,334
- Profit (loss) carried forward +€126,841
up €126,841 (+51.9%), from €244,497 to €371,338
- Debts after one year -€116,185
down €116,185 (-12.8%), from €907,566 to €791,381
- Advances received +€90,955
new in 2025: €90,955
- Current portion of long-term debt +€16,581
up €16,581 (+13.2%), from €125,508 to €142,089
- Gross operating margin +€106,115
up €106,115 (+25.5%), from €416,558 to €522,672
- Staff costs +€60,828
up €60,828 (+59.5%), from €102,202 to €163,030
- Taxes +€15,399
up €15,399 (+41.7%), from €36,904 to €52,303
- Other operating charges -€5,697
down €5,697 (-21.8%), from €26,114 to €20,418
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 | €1,510,807 | €1,654,495 | +€143,689 | +9.5% |
| Fixed assets | 21/28 | €1,195,754 | €1,120,203 | -€75,551 | -6.3% |
| Intangible fixed assets | 21 | €8,080 | €3,552 | -€4,528 | -56.0% |
| Tangible fixed assets | 22/27 | €1,187,649 | €1,116,627 | -€71,023 | -6.0% |
| Land and buildings | 22 | €851,640 | €892,875 | +€41,235 | +4.8% |
| Plant, machinery and equipment | 23 | €155,945 | €139,943 | -€16,001 | -10.3% |
| Furniture and vehicles | 24 | €180,065 | €83,808 | -€96,257 | -53.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €315,053 | €534,292 | +€219,239 | +69.6% |
| Amounts receivable within one year | 40/41 | €206,787 | €266,713 | +€59,927 | +29.0% |
| Trade receivables | 40 | €138,344 | €127,937 | -€10,407 | -7.5% |
| Other amounts receivable | 41 | €68,442 | €138,776 | +€70,334 | +102.8% |
| Current investments | 50/53 | €59,540 | €59,540 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,083 | €204,311 | +€156,228 | +324.9% |
| Deferred charges and accrued income | 490/1 | €643 | €3,727 | +€3,085 | +479.9% |
| Total equity and liabilities | 10/49 | €1,510,807 | €1,654,495 | +€143,689 | +9.5% |
| Equity | 10/15 | €264,957 | €391,798 | +€126,841 | +47.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,497 | €371,338 | +€126,841 | +51.9% |
| Amounts payable | 17/49 | €1,245,850 | €1,262,698 | +€16,847 | +1.4% |
| Amounts payable after more than one year | 17 | €907,566 | €791,381 | -€116,185 | -12.8% |
| Financial debts | 170/4 | €907,566 | €791,381 | -€116,185 | -12.8% |
| Amounts payable within one year | 42/48 | €333,088 | €469,285 | +€136,197 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €125,508 | €142,089 | +€16,581 | +13.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €49,217 | €60,362 | +€11,146 | +22.6% |
| Suppliers | 440/4 | €49,217 | €60,362 | +€11,146 | +22.6% |
| Advances received on contracts in progress | 46 | - | €90,955 | +€90,955 | |
| Taxes, remuneration and social security | 45 | €75,133 | €87,678 | +€12,546 | +16.7% |
| Taxes | 450/3 | €64,551 | €75,890 | +€11,339 | +17.6% |
| Remuneration and social security | 454/9 | €10,581 | €11,788 | +€1,207 | +11.4% |
| Other amounts payable | 47/48 | €83,231 | €88,201 | +€4,970 | +6.0% |
| Accrued charges and deferred income | 492/3 | €5,196 | €2,032 | -€3,164 | -60.9% |
| Non-recurring operating income | 76A | €450 | €0 | -€450 | -100.0% |
| Remuneration, social security and pensions | 62 | €102,202 | €163,030 | +€60,828 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,993 | €137,369 | -€3,624 | -2.6% |
| Other operating charges | 640/8 | €26,114 | €20,418 | -€5,697 | -21.8% |
| Non-recurring operating charges | 66A | €4,517 | €0 | -€4,517 | -100.0% |
| Gross operating margin | 9900 | €416,558 | €522,672 | +€106,115 | +25.5% |
| Operating profit (loss) | 9901 | €142,732 | €201,856 | +€59,124 | +41.4% |
| Financial income | 75/76B | €256 | €0 | -€256 | -100.0% |
| Recurring financial income | 75 | €256 | €0 | -€256 | -100.0% |
| Financial charges | 65/66B | €19,604 | €22,712 | +€3,109 | +15.9% |
| Recurring financial charges | 65 | €19,604 | €22,712 | +€3,109 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €123,384 | €179,144 | +€55,760 | +45.2% |
| Income taxes | 67/77 | €36,904 | €52,303 | +€15,399 | +41.7% |
| Profit (loss) for the period | 9904 | €86,480 | €126,841 | +€40,361 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,480 | €126,841 | +€40,361 | +46.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.