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
- Tangible fixed assets +€81,686
up €81,686 (+20.3%), from €401,818 to €483,504
- Cash +€15,717
up €15,717 (+5186.9%), from €303 to €16,020
mainly Debts after one year (+€68,936) and Other debts (+€51,259)
- Receivables within one year +€9,651
up €9,651 (+1608.4%), from €600 to €10,251
of which Trade receivables: +€4,900
- Debts after one year +€68,936
up €68,936 (+26.0%), from €265,232 to €334,167
- Other debts +€51,259
up €51,259 (+34.4%), from €149,149 to €200,407
- Profit (loss) carried forward -€28,620
down €28,620 (-73.8%), from -€38,772 to -€67,393
- Trade debts +€10,174
up €10,174 (+408.3%), from €2,492 to €12,666
- Financial charges +€3,066
up €3,066 (+15.0%), from €20,432 to €23,497
- Other operating charges +€1,578
up €1,578 (+71.6%), from €2,204 to €3,782
- Depreciation +€1,462
up €1,462 (+11.2%), from €13,067 to €14,529
- Gross operating margin -€804
down €804 (-5.7%), from €13,993 to €13,189
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 | €403,140 | €510,188 | +€107,048 | +26.6% |
| Fixed assets | 21/28 | €401,818 | €483,504 | +€81,686 | +20.3% |
| Tangible fixed assets | 22/27 | €401,818 | €483,504 | +€81,686 | +20.3% |
| Land and buildings | 22 | €401,818 | €483,504 | +€81,686 | +20.3% |
| Current assets | 29/58 | €1,322 | €26,684 | +€25,362 | +1918.9% |
| Amounts receivable within one year | 40/41 | €600 | €10,251 | +€9,651 | +1608.4% |
| Trade receivables | 40 | €600 | €5,500 | +€4,900 | +816.7% |
| Other amounts receivable | 41 | - | €4,751 | +€4,751 | |
| Cash at bank and in hand | 54/58 | €303 | €16,020 | +€15,717 | +5186.9% |
| Deferred charges and accrued income | 490/1 | €419 | €413 | -€6 | -1.4% |
| Total equity and liabilities | 10/49 | €403,140 | €510,188 | +€107,048 | +26.6% |
| Equity | 10/15 | -€28,772 | -€57,393 | -€28,620 | -99.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,772 | -€67,393 | -€28,620 | -73.8% |
| Amounts payable | 17/49 | €431,912 | €567,580 | +€135,668 | +31.4% |
| Amounts payable after more than one year | 17 | €265,232 | €334,167 | +€68,936 | +26.0% |
| Financial debts | 170/4 | €265,232 | €334,167 | +€68,936 | +26.0% |
| Amounts payable within one year | 42/48 | €166,680 | €233,413 | +€66,732 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €10,533 | €10,935 | +€402 | +3.8% |
| Trade debts | 44 | €2,492 | €12,666 | +€10,174 | +408.3% |
| Suppliers | 440/4 | €2,492 | €12,666 | +€10,174 | +408.3% |
| Advances received on contracts in progress | 46 | €3,060 | €4,260 | +€1,200 | +39.2% |
| Taxes, remuneration and social security | 45 | €1,446 | €5,144 | +€3,697 | +255.6% |
| Taxes | 450/3 | €1,446 | €5,144 | +€3,697 | +255.6% |
| Other amounts payable | 47/48 | €149,149 | €200,407 | +€51,259 | +34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,067 | €14,529 | +€1,462 | +11.2% |
| Other operating charges | 640/8 | €2,204 | €3,782 | +€1,578 | +71.6% |
| Gross operating margin | 9900 | €13,993 | €13,189 | -€804 | -5.7% |
| Operating profit (loss) | 9901 | -€1,278 | -€5,123 | -€3,844 | -300.7% |
| Financial charges | 65/66B | €20,432 | €23,497 | +€3,066 | +15.0% |
| Recurring financial charges | 65 | €20,432 | €23,497 | +€3,066 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,710 | -€28,620 | -€6,910 | -31.8% |
| Profit (loss) for the period | 9904 | -€21,710 | -€28,620 | -€6,910 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,710 | -€28,620 | -€6,910 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.