Immo FGB: what changed
What changed
Immo FGB
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€37,612
2024 · €15,047+€22,565
Equity
€1.1m
2024 · €1.1m+€37,612
Cash
€239,753
2024 · €186,661+€53,092
Balance sheet total
€3.2m
2024 · €3.4m-€225,127
Largest movements
Assets
- Tangible fixed assets -€278,220
down €278,220 (-8.6%), from €3.2m to €2.9m
- Cash +€53,092
up €53,092 (+28.4%), from €186,661 to €239,753
mainly Depreciation (+€278,220) and Net result for the year (+€37,612)
Equity and liabilities
- Debts after one year -€238,034
down €238,034 (-11.4%), from €2.1m to €1.9m
- Profit (loss) carried forward +€37,612
up €37,612 (+19.0%), from -€198,404 to -€160,792
Income statement
- Gross operating margin +€20,924
up €20,924 (+5.8%), from €359,931 to €380,855
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,047
Gross operating margin
+€20,924
Other operating charges
-€1,369
Financial charges
+€3,010
Result 2025
€37,612
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€314,694
Investment
€0
Financing
-€261,602
Cash 2024
€186,661
From operations (derived)
+€314,694
Net result for the year
+€37,612
Depreciation
+€278,220
Deferred charges and accrued income
-€1
Trade debts
-€1,137
Financing
-€261,602
Debts after one year
-€238,034
Current portion of long-term debt
-€23,568
Cash 2025
€239,753
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,413,940 | €3,188,813 | -€225,127 | -6.6% |
| Fixed assets | 21/28 | €3,225,102 | €2,946,882 | -€278,220 | -8.6% |
| Tangible fixed assets | 22/27 | €3,225,102 | €2,946,882 | -€278,220 | -8.6% |
| Land and buildings | 22 | €3,225,102 | €2,946,882 | -€278,220 | -8.6% |
| Current assets | 29/58 | €188,838 | €241,931 | +€53,093 | +28.1% |
| Cash at bank and in hand | 54/58 | €186,661 | €239,753 | +€53,092 | +28.4% |
| Deferred charges and accrued income | 490/1 | €2,177 | €2,178 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €3,413,940 | €3,188,813 | -€225,127 | -6.6% |
| Equity | 10/15 | €1,051,596 | €1,089,208 | +€37,612 | +3.6% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,404 | -€160,792 | +€37,612 | +19.0% |
| Amounts payable | 17/49 | €2,362,344 | €2,099,605 | -€262,739 | -11.1% |
| Amounts payable after more than one year | 17 | €2,096,116 | €1,858,082 | -€238,034 | -11.4% |
| Financial debts | 170/4 | €2,096,116 | €1,858,082 | -€238,034 | -11.4% |
| Amounts payable within one year | 42/48 | €266,228 | €241,523 | -€24,705 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €261,602 | €238,034 | -€23,568 | -9.0% |
| Trade debts | 44 | €4,626 | €3,489 | -€1,137 | -24.6% |
| Suppliers | 440/4 | €4,626 | €3,489 | -€1,137 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278,220 | €278,220 | = | 0.0% |
| Other operating charges | 640/8 | €38,854 | €40,223 | +€1,369 | +3.5% |
| Gross operating margin | 9900 | €359,931 | €380,855 | +€20,924 | +5.8% |
| Operating profit (loss) | 9901 | €42,857 | €62,412 | +€19,555 | +45.6% |
| Financial charges | 65/66B | €27,810 | €24,800 | -€3,010 | -10.8% |
| Recurring financial charges | 65 | €27,810 | €24,800 | -€3,010 | -10.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €15,047 | €37,612 | +€22,565 | +150% |
| Profit (loss) for the period | 9904 | €15,047 | €37,612 | +€22,565 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €15,047 | €37,612 | +€22,565 | +150% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.