IMMO DC GENK: 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.
IMMO DC GENK
Largest movements
- Tangible fixed assets -€66,667
down €66,667 (-1.5%), from €4.4m to €4.3m
of which Land and buildings: -€66,667
- Cash +€46,021
up €46,021 (+298%), from €15,440 to €61,460
mainly Net result for the year (+€161,179) and Other debts (+€148,000)
- Other debts +€148,000
new in 2025: €148,000
- Trade debts -€145,492
down €145,492 (-99.2%), from €146,605 to €1,113
- Debts after one year -€64,034
down €64,034 (-1.8%), from €3.5m to €3.5m
- Gross operating margin +€91,507
up €91,507 (+37.6%), from €243,202 to €334,709
- Depreciation -€91,391
down €91,391 (-57.8%), from €158,058 to €66,667
- Financial charges +€11,361
up €11,361 (+12.3%), from €92,326 to €103,687
of which Financial charges: +€11,886
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.
Derived cash bridge
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 | €4,465,506 | €4,440,072 | -€25,434 | -0.6% |
| Fixed assets | 21/28 | €4,400,163 | €4,333,497 | -€66,667 | -1.5% |
| Tangible fixed assets | 22/27 | €4,400,163 | €4,333,497 | -€66,667 | -1.5% |
| Land and buildings | 22 | €3,981,020 | €3,914,353 | -€66,667 | -1.7% |
| Other tangible fixed assets | 26 | €419,143 | €419,143 | = | 0.0% |
| Current assets | 29/58 | €65,343 | €106,575 | +€41,232 | +63.1% |
| Amounts receivable within one year | 40/41 | €49,903 | €45,114 | -€4,789 | -9.6% |
| Trade receivables | 40 | €42,095 | €45,114 | +€3,020 | +7.2% |
| Other amounts receivable | 41 | €7,808 | - | -€7,808 | |
| Cash at bank and in hand | 54/58 | €15,440 | €61,460 | +€46,021 | +298% |
| Total equity and liabilities | 10/49 | €4,465,506 | €4,440,072 | -€25,434 | -0.6% |
| Equity | 10/15 | €497,224 | €510,403 | +€13,179 | +2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,024 | €267,203 | +€13,179 | +5.2% |
| Investment grants | 15 | €175,000 | €175,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,968,282 | €3,929,669 | -€38,613 | -1.0% |
| Amounts payable after more than one year | 17 | €3,548,656 | €3,484,622 | -€64,034 | -1.8% |
| Financial debts | 170/4 | €3,548,656 | €3,484,622 | -€64,034 | -1.8% |
| Amounts payable within one year | 42/48 | €419,626 | €445,047 | +€25,421 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €273,021 | €276,829 | +€3,808 | +1.4% |
| Trade debts | 44 | €146,605 | €1,113 | -€145,492 | -99.2% |
| Suppliers | 440/4 | €146,605 | €1,113 | -€145,492 | -99.2% |
| Taxes, remuneration and social security | 45 | - | €19,105 | +€19,105 | |
| Taxes | 450/3 | - | €19,105 | +€19,105 | |
| Other amounts payable | 47/48 | - | €148,000 | +€148,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,058 | €66,667 | -€91,391 | -57.8% |
| Other operating charges | 640/8 | €4,971 | €2,804 | -€2,168 | -43.6% |
| Gross operating margin | 9900 | €243,202 | €334,709 | +€91,507 | +37.6% |
| Operating profit (loss) | 9901 | €80,173 | €265,239 | +€185,066 | +231% |
| Financial charges | 65/66B | €92,326 | €103,687 | +€11,361 | +12.3% |
| Recurring financial charges | 65 | €91,801 | €103,687 | +€11,886 | +12.9% |
| Non-recurring financial charges | 66B | €525 | - | -€525 | |
| Profit (loss) for the period before taxes | 9903 | -€12,154 | €161,552 | +€173,705 | |
| Income taxes | 67/77 | - | €373 | +€373 | |
| Profit (loss) for the period | 9904 | -€12,154 | €161,179 | +€173,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,154 | €161,179 | +€173,332 |
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 21 October 2026 via checked.be.