IMMO GAMA: 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 GAMA
Largest movements
- Tangible fixed assets -€5,285
down €5,285 (-5.8%), from €90,750 to €85,466
of which Plant, machinery and equipment: -€5,285
- Profit (loss) carried forward -€5,618
down €5,618 (-30.8%), from €18,217 to €12,599
- Other debts -€1,800
down €1,800 (-3.3%), from €54,118 to €52,318
- Short-term financial debts +€1,648
up €1,648 (+183%), from €902 to €2,549
- Gross operating margin -€4,938
down €4,938 (-79.8%), from €6,184 to €1,246
- Purchases and services +€2,848
up €2,848 (+22.3%), from €12,756 to €15,604
- Turnover -€2,300
down €2,300 (-15.0%), from €15,300 to €13,000
- Other operating charges -€359
down €359 (-23.8%), from €1,509 to €1,150
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,927 | €88,157 | -€5,770 | -6.1% |
| Fixed assets | 21/28 | €91,000 | €85,716 | -€5,285 | -5.8% |
| Tangible fixed assets | 22/27 | €90,750 | €85,466 | -€5,285 | -5.8% |
| Land and buildings | 22 | €74,368 | €74,368 | = | 0.0% |
| Plant, machinery and equipment | 23 | €16,382 | €11,098 | -€5,285 | -32.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,927 | €2,441 | -€486 | -16.6% |
| Amounts receivable within one year | 40/41 | €2,927 | €2,441 | -€486 | -16.6% |
| Trade receivables | 40 | €2,927 | €2,441 | -€486 | -16.6% |
| Total equity and liabilities | 10/49 | €93,927 | €88,157 | -€5,770 | -6.1% |
| Equity | 10/15 | €38,907 | €33,289 | -€5,618 | -14.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,140 | €2,140 | = | 0.0% |
| Distributable reserves | 133 | €2,140 | €2,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,217 | €12,599 | -€5,618 | -30.8% |
| Amounts payable | 17/49 | €55,020 | €54,868 | -€152 | -0.3% |
| Amounts payable within one year | 42/48 | €55,020 | €54,868 | -€152 | -0.3% |
| Financial debts | 43 | €902 | €2,549 | +€1,648 | +183% |
| Credit institutions | 430/8 | €902 | €2,549 | +€1,648 | +183% |
| Other amounts payable | 47/48 | €54,118 | €52,318 | -€1,800 | -3.3% |
| Turnover | 70 | €15,300 | €13,000 | -€2,300 | -15.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,756 | €15,604 | +€2,848 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,235 | €5,285 | +€50 | +0.9% |
| Other operating charges | 640/8 | €1,509 | €1,150 | -€359 | -23.8% |
| Gross operating margin | 9900 | €6,184 | €1,246 | -€4,938 | -79.8% |
| Operating profit (loss) | 9901 | -€560 | -€5,188 | -€4,628 | -827% |
| Financial charges | 65/66B | €507 | €430 | -€77 | -15.1% |
| Recurring financial charges | 65 | €507 | €430 | -€77 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,067 | -€5,618 | -€4,552 | -427% |
| Profit (loss) for the period | 9904 | -€1,067 | -€5,618 | -€4,552 | -427% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,067 | -€5,618 | -€4,552 | -427% |
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 16 October 2026 via checked.be.