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GreSam 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.

What changed

GreSam IMMO

BE 0882.732.959
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,478
2024 · €4,149-€7,628
Equity
€6,619
2024 · €10,097-€3,478
Cash
€8,276
2024 · €11,456-€3,180
Balance sheet total
€337,351
2024 · €354,402-€17,051

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€13,894

    down €13,894 (-4.1%), from €342,174 to €328,280

    of which Land and buildings: -€13,470

Equity and liabilities
  • Debts after one year -€21,485

    down €21,485 (-17.4%), from €123,243 to €101,758

  • Other debts +€6,920

    up €6,920 (+3.5%), from €199,154 to €206,074

Income statement
  • Gross operating margin -€7,253

    down €7,253 (-22.1%), from €32,783 to €25,530

  • Depreciation +€577

    up €577 (+3.2%), from €18,182 to €18,759

  • Other operating charges -€408

    down €408 (-11.3%), from €3,622 to €3,214

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,149
Gross operating margin -€7,253
Depreciation -€577
Other operating charges +€408
Financial charges -€206
Result 2025 -€3,478

Cash bridge derived

cash 2024 to 2025

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.

From operations +€22,143
Investment -€4,865
Financing -€20,458
Cash 2024 €11,456
Net result for the year -€3,478
Depreciation +€18,759
Deferred charges and accrued income -€23
Trade debts +€674
Other debts +€6,920
Accrued charges and deferred income -€708
Investment in fixed assets (net) -€4,865
Debts after one year -€21,485
Current portion of long-term debt +€1,027
Cash 2025 €8,276
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €354,402 €337,351 -€17,051 -4.8%
Fixed assets 21/28 €342,174 €328,280 -€13,894 -4.1%
Tangible fixed assets 22/27 €342,174 €328,280 -€13,894 -4.1%
Land and buildings 22 €340,478 €327,008 -€13,470 -4.0%
Plant, machinery and equipment 23 €1,697 €1,272 -€424 -25.0%
Current assets 29/58 €12,228 €9,071 -€3,157 -25.8%
Cash at bank and in hand 54/58 €11,456 €8,276 -€3,180 -27.8%
Deferred charges and accrued income 490/1 €772 €795 +€23 +3.0%
Total equity and liabilities 10/49 €354,402 €337,351 -€17,051 -4.8%
Equity 10/15 €10,097 €6,619 -€3,478 -34.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€8,503 -€11,982 -€3,478 -40.9%
Amounts payable 17/49 €344,305 €330,733 -€13,572 -3.9%
Amounts payable after more than one year 17 €123,243 €101,758 -€21,485 -17.4%
Financial debts 170/4 €123,243 €101,758 -€21,485 -17.4%
Amounts payable within one year 42/48 €219,612 €228,233 +€8,621 +3.9%
Current portion of amounts payable after more than one year 42 €20,458 €21,485 +€1,027 +5.0%
Trade debts 44 - €674 +€674
Suppliers 440/4 - €674 +€674
Other amounts payable 47/48 €199,154 €206,074 +€6,920 +3.5%
Accrued charges and deferred income 492/3 €1,450 €742 -€708 -48.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,182 €18,759 +€577 +3.2%
Other operating charges 640/8 €3,622 €3,214 -€408 -11.3%
Gross operating margin 9900 €32,783 €25,530 -€7,253 -22.1%
Operating profit (loss) 9901 €10,979 €3,557 -€7,422 -67.6%
Financial charges 65/66B €6,830 €7,035 +€206 +3.0%
Recurring financial charges 65 €6,830 €7,035 +€206 +3.0%
Profit (loss) for the period before taxes 9903 €4,149 -€3,478 -€7,628
Profit (loss) for the period 9904 €4,149 -€3,478 -€7,628
Profit (loss) for the period to be appropriated 9905 €4,149 -€3,478 -€7,628

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 30 September 2026 via checked.be.