Immo GC: 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 GC
Largest movements
- Tangible fixed assets -€4,644
down €4,644 (-1.9%), from €239,182 to €234,539
- Cash -€3,292
down €3,292 (-25.0%), from €13,144 to €9,852
mainly Net result for the year (-€7,935) and Investment in fixed assets (net) (-€6,517)
- Reserves -€7,935
down €7,935 (-20.0%), from €39,735 to €31,799
of which Distributable reserves: -€7,935
- Gross operating margin +€3,238
up €3,238 (+198.7%), from €1,629 to €4,867
- Depreciation +€387
up €387 (+3.6%), from €10,774 to €11,161
- Other operating charges +€106
up €106 (+7.0%), from €1,512 to €1,618
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 | €252,326 | €244,391 | -€7,935 | -3.1% |
| Fixed assets | 21/28 | €239,182 | €234,539 | -€4,644 | -1.9% |
| Tangible fixed assets | 22/27 | €239,182 | €234,539 | -€4,644 | -1.9% |
| Land and buildings | 22 | €239,182 | €234,539 | -€4,644 | -1.9% |
| Current assets | 29/58 | €13,144 | €9,852 | -€3,292 | -25.0% |
| Cash at bank and in hand | 54/58 | €13,144 | €9,852 | -€3,292 | -25.0% |
| Total equity and liabilities | 10/49 | €252,326 | €244,391 | -€7,935 | -3.1% |
| Equity | 10/15 | €114,735 | €106,799 | -€7,935 | -6.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €39,735 | €31,799 | -€7,935 | -20.0% |
| Non-distributable reserves | 130/1 | €1,502 | €1,502 | = | 0.0% |
| Legal reserve | 130 | €1,502 | €1,502 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,596 | €22,596 | = | 0.0% |
| Distributable reserves | 133 | €15,638 | €7,702 | -€7,935 | -50.7% |
| Amounts payable | 17/49 | €137,591 | €137,591 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,591 | €137,591 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €137,591 | €137,591 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,774 | €11,161 | +€387 | +3.6% |
| Other operating charges | 640/8 | €1,512 | €1,618 | +€106 | +7.0% |
| Gross operating margin | 9900 | €1,629 | €4,867 | +€3,238 | +198.7% |
| Operating profit (loss) | 9901 | -€10,657 | -€7,911 | +€2,746 | +25.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,680 | -€7,935 | +€2,745 | +25.7% |
| Profit (loss) for the period | 9904 | -€10,680 | -€7,935 | +€2,745 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,680 | -€7,935 | +€2,745 | +25.7% |
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 8 October 2026 via checked.be.