GREGONY 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.
GREGONY IMMO
Largest movements
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Tangible fixed assets -€143,457
down €143,457 (-4.3%), from €3.3m to €3.2m
of which Land and buildings: -€135,800
- Other debts -€445,068
down €445,068 (-20.7%), from €2.1m to €1.7m
- Debts after one year -€44,652
down €44,652 (-7.9%), from €565,385 to €520,734
- Gross operating margin -€26,090
down €26,090 (-12.4%), from €210,389 to €184,300
- Financial charges +€25,034
up €25,034 (+65.3%), from €38,321 to €63,354
- Depreciation +€8,017
up €8,017 (+5.9%), from €135,439 to €143,457
- Other operating charges -€2,749
down €2,749 (-39.3%), from €6,992 to €4,243
- Financial income +€2,451
up €2,451 (+1256.0%), from €195 to €2,646
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 | €3,777,007 | €3,259,644 | -€517,364 | -13.7% |
| Fixed assets | 21/28 | €3,339,882 | €3,196,425 | -€143,457 | -4.3% |
| Tangible fixed assets | 22/27 | €3,339,882 | €3,196,425 | -€143,457 | -4.3% |
| Land and buildings | 22 | €3,314,682 | €3,178,882 | -€135,800 | -4.1% |
| Furniture and vehicles | 24 | €25,200 | €17,543 | -€7,657 | -30.4% |
| Current assets | 29/58 | €437,125 | €63,218 | -€373,907 | -85.5% |
| Amounts receivable within one year | 40/41 | - | €349 | +€349 | |
| Other amounts receivable | 41 | - | €349 | +€349 | |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €36,530 | €62,144 | +€25,614 | +70.1% |
| Deferred charges and accrued income | 490/1 | €595 | €725 | +€130 | +21.8% |
| Total equity and liabilities | 10/49 | €3,777,007 | €3,259,644 | -€517,364 | -13.7% |
| Equity | 10/15 | €830,332 | €810,582 | -€19,750 | -2.4% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Reserves | 13 | €515,684 | €495,265 | -€20,419 | -4.0% |
| Tax-exempt reserves | 132 | €515,684 | €495,265 | -€20,419 | -4.0% |
| Profit (loss) carried forward | 14 | €4,781 | €5,450 | +€669 | +14.0% |
| Provisions and deferred taxes | 16 | €171,895 | €165,088 | -€6,806 | -4.0% |
| Deferred taxes | 168 | €171,895 | €165,088 | -€6,806 | -4.0% |
| Amounts payable | 17/49 | €2,774,780 | €2,283,973 | -€490,807 | -17.7% |
| Amounts payable after more than one year | 17 | €565,385 | €520,734 | -€44,652 | -7.9% |
| Financial debts | 170/4 | €565,385 | €520,734 | -€44,652 | -7.9% |
| Amounts payable within one year | 42/48 | €2,206,050 | €1,758,257 | -€447,793 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €44,163 | €44,652 | +€488 | +1.1% |
| Trade debts | 44 | €1,017 | €1,174 | +€157 | +15.5% |
| Suppliers | 440/4 | €1,017 | €1,174 | +€157 | +15.5% |
| Taxes, remuneration and social security | 45 | €13,190 | €9,819 | -€3,370 | -25.6% |
| Taxes | 450/3 | €13,190 | €9,819 | -€3,370 | -25.6% |
| Other amounts payable | 47/48 | €2,147,681 | €1,702,613 | -€445,068 | -20.7% |
| Accrued charges and deferred income | 492/3 | €3,345 | €4,982 | +€1,637 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,439 | €143,457 | +€8,017 | +5.9% |
| Other operating charges | 640/8 | €6,992 | €4,243 | -€2,749 | -39.3% |
| Gross operating margin | 9900 | €210,389 | €184,300 | -€26,090 | -12.4% |
| Operating profit (loss) | 9901 | €67,958 | €36,600 | -€31,358 | -46.1% |
| Financial income | 75/76B | €195 | €2,646 | +€2,451 | +1256.0% |
| Recurring financial income | 75 | €195 | €2,646 | +€2,451 | +1256.0% |
| Financial charges | 65/66B | €38,321 | €63,354 | +€25,034 | +65.3% |
| Recurring financial charges | 65 | €38,321 | €63,354 | +€25,034 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €29,833 | -€24,109 | -€53,941 | |
| Transfer from deferred taxes | 780 | €6,806 | €6,806 | = | 0.0% |
| Income taxes | 67/77 | €3,848 | €2,448 | -€1,400 | -36.4% |
| Profit (loss) for the period | 9904 | €32,791 | -€19,750 | -€52,541 | |
| Transfer from tax-exempt reserves | 789 | €20,419 | €20,419 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,210 | €669 | -€52,541 | -98.7% |
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 10 October 2026 via checked.be.