IMMO G: 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.
IMMO G
Largest movements
- Cash +€66,062
up €66,062 (+194.6%), from €33,944 to €100,005
mainly Trade debts (+€60,782) and Depreciation (+€30,821)
- Tangible fixed assets -€20,696
down €20,696 (-4.8%), from €432,874 to €412,178
- Trade debts +€60,782
up €60,782 (+232.7%), from €26,122 to €86,904
- Tax, wage and social debts -€18,030
down €18,030 (-85.2%), from €21,166 to €3,136
- Profit (loss) carried forward +€8,614
up €8,614 (+4.0%), from €212,875 to €221,489
- Other debts -€7,886
no longer reported in 2025 (was €7,886)
- Gross operating margin -€14,537
down €14,537 (-20.4%), from €71,351 to €56,815
- Other operating charges +€7,512
up €7,512 (+112.1%), from €6,703 to €14,214
- Taxes -€6,301
down €6,301 (-66.8%), from €9,437 to €3,136
- Depreciation +€1,051
up €1,051 (+3.5%), from €29,769 to €30,821
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 | €558,248 | €601,729 | +€43,481 | +7.8% |
| Fixed assets | 21/28 | €432,874 | €412,178 | -€20,696 | -4.8% |
| Tangible fixed assets | 22/27 | €432,874 | €412,178 | -€20,696 | -4.8% |
| Land and buildings | 22 | €432,874 | €412,178 | -€20,696 | -4.8% |
| Current assets | 29/58 | €125,375 | €189,552 | +€64,177 | +51.2% |
| Amounts receivable within one year | 40/41 | €91,431 | €87,931 | -€3,500 | -3.8% |
| Trade receivables | 40 | €18,894 | €11,489 | -€7,405 | -39.2% |
| Other amounts receivable | 41 | €72,537 | €76,442 | +€3,905 | +5.4% |
| Cash at bank and in hand | 54/58 | €33,944 | €100,005 | +€66,062 | +194.6% |
| Deferred charges and accrued income | 490/1 | - | €1,616 | +€1,616 | |
| Total equity and liabilities | 10/49 | €558,248 | €601,729 | +€43,481 | +7.8% |
| Equity | 10/15 | €281,075 | €289,689 | +€8,614 | +3.1% |
| 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 | €212,875 | €221,489 | +€8,614 | +4.0% |
| Amounts payable | 17/49 | €277,174 | €312,040 | +€34,867 | +12.6% |
| Amounts payable after more than one year | 17 | €222,000 | €222,000 | = | 0.0% |
| Financial debts | 170/4 | €222,000 | €222,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,174 | €90,040 | +€34,867 | +63.2% |
| Trade debts | 44 | €26,122 | €86,904 | +€60,782 | +232.7% |
| Suppliers | 440/4 | €26,122 | €86,904 | +€60,782 | +232.7% |
| Taxes, remuneration and social security | 45 | €21,166 | €3,136 | -€18,030 | -85.2% |
| Taxes | 450/3 | €21,166 | €3,136 | -€18,030 | -85.2% |
| Other amounts payable | 47/48 | €7,886 | - | -€7,886 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,769 | €30,821 | +€1,051 | +3.5% |
| Other operating charges | 640/8 | €6,703 | €14,214 | +€7,512 | +112.1% |
| Gross operating margin | 9900 | €71,351 | €56,815 | -€14,537 | -20.4% |
| Operating profit (loss) | 9901 | €34,879 | €11,780 | -€23,100 | -66.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €247 | €29 | -€218 | -88.1% |
| Recurring financial charges | 65 | €247 | €29 | -€218 | -88.1% |
| Profit (loss) for the period before taxes | 9903 | €34,632 | €11,750 | -€22,882 | -66.1% |
| Income taxes | 67/77 | €9,437 | €3,136 | -€6,301 | -66.8% |
| Profit (loss) for the period | 9904 | €25,195 | €8,614 | -€16,580 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,195 | €8,614 | -€16,580 | -65.8% |
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.