IMMO GABAL: 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 GABAL
Largest movements
- Tangible fixed assets -€3,801
down €3,801 (-6.1%), from €62,126 to €58,325
- Cash +€1,464
up €1,464 (+29.5%), from €4,968 to €6,432
mainly Depreciation (+€4,067) and Other debts (+€339)
- Profit (loss) carried forward -€2,726
down €2,726 (-72.7%), from -€3,748 to -€6,474
- Depreciation +€1,941
up €1,941 (+91.3%), from €2,126 to €4,067
- Gross operating margin +€1,894
up €1,894 (+1232.7%), from €154 to €2,048
- Financial charges -€72
down €72 (-38.7%), from €186 to €114
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 | €69,302 | €66,915 | -€2,387 | -3.4% |
| Formation expenses | 20 | €1,181 | €915 | -€266 | -22.5% |
| Fixed assets | 21/28 | €62,126 | €58,325 | -€3,801 | -6.1% |
| Tangible fixed assets | 22/27 | €62,126 | €58,325 | -€3,801 | -6.1% |
| Land and buildings | 22 | €62,126 | €58,325 | -€3,801 | -6.1% |
| Current assets | 29/58 | €5,995 | €7,675 | +€1,680 | +28.0% |
| Cash at bank and in hand | 54/58 | €4,968 | €6,432 | +€1,464 | +29.5% |
| Deferred charges and accrued income | 490/1 | €1,027 | €1,242 | +€216 | +21.0% |
| Total equity and liabilities | 10/49 | €69,302 | €66,915 | -€2,387 | -3.4% |
| Equity | 10/15 | €2,252 | -€474 | -€2,726 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,748 | -€6,474 | -€2,726 | -72.7% |
| Amounts payable | 17/49 | €67,050 | €67,389 | +€339 | +0.5% |
| Amounts payable within one year | 42/48 | €67,050 | €67,389 | +€339 | +0.5% |
| Other amounts payable | 47/48 | €67,050 | €67,389 | +€339 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,126 | €4,067 | +€1,941 | +91.3% |
| Other operating charges | 640/8 | €578 | €593 | +€14 | +2.5% |
| Non-recurring operating charges | 66A | €1,012 | - | -€1,012 | |
| Gross operating margin | 9900 | €154 | €2,048 | +€1,894 | +1232.7% |
| Operating profit (loss) | 9901 | -€3,562 | -€2,612 | +€950 | +26.7% |
| Financial charges | 65/66B | €186 | €114 | -€72 | -38.7% |
| Recurring financial charges | 65 | €186 | €114 | -€72 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,748 | -€2,726 | +€1,022 | +27.3% |
| Profit (loss) for the period | 9904 | -€3,748 | -€2,726 | +€1,022 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,748 | -€2,726 | +€1,022 | +27.3% |
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.