IMMO GEER: 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 GEER
Largest movements
- Tangible fixed assets -€13,240
down €13,240 (-4.0%), from €333,336 to €320,096
- Debts after one year -€9,265
no longer reported in 2025 (was €9,265)
- Profit (loss) carried forward +€7,966
up €7,966 (+5.0%), from €159,895 to €167,861
- Current portion of long-term debt -€6,464
down €6,464 (-41.1%), from €15,729 to €9,265
- Gross operating margin +€2,685
up €2,685 (+6.6%), from €40,688 to €43,372
- Taxes +€903
up €903 (+55.6%), from €1,625 to €2,527
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 | €403,035 | €397,795 | -€5,240 | -1.3% |
| Fixed assets | 21/28 | €333,753 | €320,513 | -€13,240 | -4.0% |
| Tangible fixed assets | 22/27 | €333,336 | €320,096 | -€13,240 | -4.0% |
| Land and buildings | 22 | €333,336 | €320,096 | -€13,240 | -4.0% |
| Financial fixed assets | 28 | €417 | €417 | = | 0.0% |
| Current assets | 29/58 | €69,282 | €77,282 | +€8,000 | +11.5% |
| Amounts receivable within one year | 40/41 | €24,105 | €27,789 | +€3,683 | +15.3% |
| Other amounts receivable | 41 | €24,105 | €27,789 | +€3,683 | +15.3% |
| Cash at bank and in hand | 54/58 | €44,650 | €48,451 | +€3,800 | +8.5% |
| Deferred charges and accrued income | 490/1 | €526 | €1,042 | +€516 | +98.1% |
| Total equity and liabilities | 10/49 | €403,035 | €397,795 | -€5,240 | -1.3% |
| Equity | 10/15 | €378,041 | €386,007 | +€7,966 | +2.1% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €19,831 | €19,831 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,831 | €19,831 | = | 0.0% |
| Legal reserve | 130 | €19,831 | €19,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,895 | €167,861 | +€7,966 | +5.0% |
| Amounts payable | 17/49 | €24,994 | €11,788 | -€13,206 | -52.8% |
| Amounts payable after more than one year | 17 | €9,265 | - | -€9,265 | |
| Financial debts | 170/4 | €9,265 | - | -€9,265 | |
| Amounts payable within one year | 42/48 | €15,729 | €11,788 | -€3,941 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €15,729 | €9,265 | -€6,464 | -41.1% |
| Taxes, remuneration and social security | 45 | - | €2,523 | +€2,523 | |
| Taxes | 450/3 | - | €2,523 | +€2,523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,309 | €23,465 | +€155 | +0.7% |
| Other operating charges | 640/8 | €8,821 | €9,105 | +€284 | +3.2% |
| Gross operating margin | 9900 | €40,688 | €43,372 | +€2,685 | +6.6% |
| Operating profit (loss) | 9901 | €8,557 | €10,802 | +€2,245 | +26.2% |
| Financial income | 75/76B | €8 | €14 | +€6 | +77.0% |
| Recurring financial income | 75 | €8 | €14 | +€6 | +77.0% |
| Financial charges | 65/66B | €515 | €323 | -€191 | -37.2% |
| Recurring financial charges | 65 | €515 | €323 | -€191 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €8,050 | €10,493 | +€2,443 | +30.3% |
| Income taxes | 67/77 | €1,625 | €2,527 | +€903 | +55.6% |
| Profit (loss) for the period | 9904 | €6,426 | €7,966 | +€1,540 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,426 | €7,966 | +€1,540 | +24.0% |
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 2 October 2026 via checked.be.