IMMO GBL: 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 GBL
Largest movements
- Tangible fixed assets -€8,067
down €8,067 (-3.0%), from €271,828 to €263,761
- Cash -€6,397
down €6,397 (-63.2%), from €10,117 to €3,720
mainly Debts after one year (-€15,770) and Other debts (-€13,197)
- Debts after one year -€15,770
down €15,770 (-6.4%), from €248,124 to €232,354
- Other debts -€13,197
down €13,197 (-38.0%), from €34,746 to €21,549
- Profit (loss) carried forward +€11,348
up €11,348 (+52.1%), from -€21,782 to -€10,434
- Depreciation -€13,079
down €13,079 (-61.9%), from €21,146 to €8,067
- Other operating charges +€3,585
up €3,585 (+1375.8%), from €261 to €3,845
- Gross operating margin +€793
up €793 (+2.4%), from €32,417 to €33,210
- Financial charges -€571
down €571 (-5.4%), from €10,522 to €9,951
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 | €282,264 | €267,481 | -€14,783 | -5.2% |
| Fixed assets | 21/28 | €271,828 | €263,761 | -€8,067 | -3.0% |
| Tangible fixed assets | 22/27 | €271,828 | €263,761 | -€8,067 | -3.0% |
| Land and buildings | 22 | €271,828 | €263,761 | -€8,067 | -3.0% |
| Current assets | 29/58 | €10,436 | €3,720 | -€6,716 | -64.4% |
| Cash at bank and in hand | 54/58 | €10,117 | €3,720 | -€6,397 | -63.2% |
| Deferred charges and accrued income | 490/1 | €319 | - | -€319 | |
| Total equity and liabilities | 10/49 | €282,264 | €267,481 | -€14,783 | -5.2% |
| Equity | 10/15 | -€15,782 | -€4,434 | +€11,348 | +71.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,782 | -€10,434 | +€11,348 | +52.1% |
| Amounts payable | 17/49 | €298,045 | €271,914 | -€26,131 | -8.8% |
| Amounts payable after more than one year | 17 | €248,124 | €232,354 | -€15,770 | -6.4% |
| Financial debts | 170/4 | €248,124 | €232,354 | -€15,770 | -6.4% |
| Amounts payable within one year | 42/48 | €49,922 | €39,561 | -€10,361 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €15,176 | €15,770 | +€594 | +3.9% |
| Trade debts | 44 | - | €2,242 | +€2,242 | |
| Suppliers | 440/4 | - | €2,242 | +€2,242 | |
| Other amounts payable | 47/48 | €34,746 | €21,549 | -€13,197 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,146 | €8,067 | -€13,079 | -61.9% |
| Other operating charges | 640/8 | €261 | €3,845 | +€3,585 | +1375.8% |
| Gross operating margin | 9900 | €32,417 | €33,210 | +€793 | +2.4% |
| Operating profit (loss) | 9901 | €11,011 | €21,298 | +€10,288 | +93.4% |
| Financial charges | 65/66B | €10,522 | €9,951 | -€571 | -5.4% |
| Recurring financial charges | 65 | €10,522 | €9,951 | -€571 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €489 | €11,348 | +€10,859 | +2220.6% |
| Profit (loss) for the period | 9904 | €489 | €11,348 | +€10,859 | +2220.6% |
| Profit (loss) for the period to be appropriated | 9905 | €489 | €11,348 | +€10,859 | +2220.6% |
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 5 October 2026 via checked.be.