IMMO G.A.E.R.E.: 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.A.E.R.E.
Largest movements
- Tangible fixed assets -€29,208
down €29,208 (-7.1%), from €411,739 to €382,531
- Profit (loss) carried forward -€29,312
down €29,312 (-13.9%), from -€210,922 to -€240,234
- Gross operating margin +€116
up €116 (+52.9%), from -€219 to -€103
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 | €444,755 | €415,547 | -€29,208 | -6.6% |
| Fixed assets | 21/28 | €411,739 | €382,531 | -€29,208 | -7.1% |
| Tangible fixed assets | 22/27 | €411,739 | €382,531 | -€29,208 | -7.1% |
| Land and buildings | 22 | €411,739 | €382,531 | -€29,208 | -7.1% |
| Current assets | 29/58 | €33,016 | €33,016 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,000 | €33,000 | = | 0.0% |
| Trade receivables | 40 | €33,000 | €33,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16 | €16 | = | 0.0% |
| Total equity and liabilities | 10/49 | €444,755 | €415,547 | -€29,208 | -6.6% |
| Equity | 10/15 | €441,418 | €412,106 | -€29,312 | -6.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €584,169 | €584,169 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,922 | -€240,234 | -€29,312 | -13.9% |
| Amounts payable | 17/49 | €3,338 | €3,441 | +€103 | +3.1% |
| Amounts payable within one year | 42/48 | €3,338 | €3,441 | +€103 | +3.1% |
| Financial debts | 43 | €148 | €148 | = | 0.0% |
| Credit institutions | 430/8 | €148 | €148 | = | 0.0% |
| Trade debts | 44 | €219 | €181 | -€38 | -17.5% |
| Suppliers | 440/4 | €219 | €181 | -€38 | -17.5% |
| Other amounts payable | 47/48 | €2,971 | €3,112 | +€142 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,208 | €29,208 | = | 0.0% |
| Gross operating margin | 9900 | -€219 | -€103 | +€116 | +52.9% |
| Operating profit (loss) | 9901 | -€29,427 | -€29,312 | +€116 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,427 | -€29,312 | +€116 | +0.4% |
| Profit (loss) for the period | 9904 | -€29,427 | -€29,312 | +€116 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,427 | -€29,312 | +€116 | +0.4% |
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 4 October 2026 via checked.be.