IMMO GAVERBEEK: 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 GAVERBEEK
Largest movements
- Cash -€107,489
down €107,489 (-58.6%), from €183,493 to €76,004
mainly Debts after one year (-€2.1m) and Other debts (-€113,512)
- Receivables within one year +€97,813
up €97,813 (+289%), from €33,879 to €131,692
of which Other amounts receivable: +€89,489
- Tangible fixed assets -€61,221
down €61,221 (-2.7%), from €2.3m to €2.2m
of which Land and buildings: -€51,922
- Debts after one year -€2.1m
down €2.1m (-100%), from €2.1m to €0
- Contributions +€2.0m
up €2.0m (+1,737%), from €115,163 to €2.1m
- Other debts -€113,512
down €113,512 (-23.3%), from €487,103 to €373,591
- Profit (loss) carried forward +€75,471
up €75,471 (+48.2%), from -€156,715 to -€81,244
- Trade debts +€36,369
up €36,369 (+14,589%), from €249 to €36,618
- Gross operating margin -€82,829
down €82,829 (-28.1%), from €295,021 to €212,192
- Financial charges -€54,732
down €54,732 (-73.0%), from €74,989 to €20,257
- Other operating charges +€18,269
up €18,269 (+154%), from €11,860 to €30,129
- Taxes -€10,692
down €10,692 (-29.1%), from €36,730 to €26,038
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
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 | €2,525,531 | €2,454,881 | -€70,650 | -2.8% |
| Fixed assets | 21/28 | €2,305,926 | €2,244,705 | -€61,221 | -2.7% |
| Tangible fixed assets | 22/27 | €2,305,926 | €2,244,705 | -€61,221 | -2.7% |
| Land and buildings | 22 | €2,221,857 | €2,169,935 | -€51,922 | -2.3% |
| Plant, machinery and equipment | 23 | €84,069 | €74,770 | -€9,299 | -11.1% |
| Current assets | 29/58 | €219,605 | €210,176 | -€9,429 | -4.3% |
| Amounts receivable within one year | 40/41 | €33,879 | €131,692 | +€97,813 | +289% |
| Trade receivables | 40 | €30,579 | €38,904 | +€8,324 | +27.2% |
| Other amounts receivable | 41 | €3,300 | €92,789 | +€89,489 | +2,712% |
| Cash at bank and in hand | 54/58 | €183,493 | €76,004 | -€107,489 | -58.6% |
| Deferred charges and accrued income | 490/1 | €2,233 | €2,480 | +€247 | +11.1% |
| Total equity and liabilities | 10/49 | €2,525,531 | €2,454,881 | -€70,650 | -2.8% |
| Equity | 10/15 | -€30,800 | €2,044,671 | +€2.1m | |
| Contributions | 10/11 | €115,163 | €2,115,163 | +€2.0m | +1,737% |
| Capital | 10 | €115,163 | €2,115,163 | +€2.0m | +1,737% |
| Issued capital | 100 | €115,163 | €2,115,163 | +€2.0m | +1,737% |
| Reserves | 13 | €10,752 | €10,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,752 | €10,752 | = | 0.0% |
| Legal reserve | 130 | €10,752 | €10,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,715 | -€81,244 | +€75,471 | +48.2% |
| Amounts payable | 17/49 | €2,556,331 | €410,210 | -€2.1m | -84.0% |
| Amounts payable after more than one year | 17 | €2,062,448 | €0 | -€2.1m | -100% |
| Other amounts payable | 178/9 | €2,062,448 | €0 | -€2.1m | -100% |
| Amounts payable within one year | 42/48 | €493,883 | €410,210 | -€83,673 | -16.9% |
| Trade debts | 44 | €249 | €36,618 | +€36,369 | +14,589% |
| Suppliers | 440/4 | €249 | €36,618 | +€36,369 | +14,589% |
| Taxes, remuneration and social security | 45 | €6,530 | €0 | -€6,530 | -100% |
| Taxes | 450/3 | €6,530 | €0 | -€6,530 | -100% |
| Other amounts payable | 47/48 | €487,103 | €373,591 | -€113,512 | -23.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,221 | €61,221 | = | 0.0% |
| Other operating charges | 640/8 | €11,860 | €30,129 | +€18,269 | +154% |
| Gross operating margin | 9900 | €295,021 | €212,192 | -€82,829 | -28.1% |
| Operating profit (loss) | 9901 | €221,940 | €120,842 | -€101,098 | -45.6% |
| Financial income | 75/76B | - | €924 | +€924 | |
| Recurring financial income | 75 | - | €924 | +€924 | |
| Financial charges | 65/66B | €74,989 | €20,257 | -€54,732 | -73.0% |
| Recurring financial charges | 65 | €74,989 | €20,257 | -€54,732 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €146,951 | €101,509 | -€45,443 | -30.9% |
| Income taxes | 67/77 | €36,730 | €26,038 | -€10,692 | -29.1% |
| Profit (loss) for the period | 9904 | €110,221 | €75,471 | -€34,750 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,221 | €75,471 | -€34,750 | -31.5% |
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 18 October 2026 via checked.be.