IMMO Gembloux: 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 Gembloux
Largest movements
- Cash +€395,377
up €395,377 (+460.3%), from €85,902 to €481,279
mainly Advances received (+€383,146) and Debts after one year (+€163,666)
- Financial fixed assets +€308,000
new in 2025: €308,000
- Receivables within one year +€42,117
up €42,117 (+336.4%), from €12,518 to €54,635
of which Trade receivables: +€29,884
- Advances received +€383,146
new in 2025: €383,146
- Debts after one year +€163,666
up €163,666 (+82.4%), from €198,596 to €362,262
- Other debts +€88,644
up €88,644 (+82.3%), from €107,676 to €196,319
- Trade debts +€65,657
up €65,657 (+566.9%), from €11,581 to €77,238
- Current portion of long-term debt +€28,502
up €28,502 (+363.9%), from €7,832 to €36,334
- Gross operating margin +€54,510
up €54,510 (+374.8%), from €14,544 to €69,054
- Staff costs +€18,893
up €18,893 (+1273.3%), from €1,484 to €20,377
- Financial charges +€18,324
up €18,324 (+7024.5%), from €261 to €18,585
- Depreciation +€4,790
up €4,790 (+55.8%), from €8,589 to €13,379
- Taxes +€2,894
new in 2025: €2,894
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 | €332,711 | €1,078,116 | +€745,405 | +224.0% |
| Fixed assets | 21/28 | €233,899 | €539,680 | +€305,781 | +130.7% |
| Tangible fixed assets | 22/27 | €233,899 | €231,680 | -€2,219 | -0.9% |
| Land and buildings | 22 | €228,024 | €217,884 | -€10,139 | -4.4% |
| Plant, machinery and equipment | 23 | - | €4,293 | +€4,293 | |
| Furniture and vehicles | 24 | €5,875 | €9,502 | +€3,627 | +61.7% |
| Financial fixed assets | 28 | - | €308,000 | +€308,000 | |
| Current assets | 29/58 | €98,812 | €538,437 | +€439,624 | +444.9% |
| Amounts receivable within one year | 40/41 | €12,518 | €54,635 | +€42,117 | +336.4% |
| Trade receivables | 40 | €11,566 | €41,450 | +€29,884 | +258.4% |
| Other amounts receivable | 41 | €952 | €13,185 | +€12,233 | +1284.4% |
| Cash at bank and in hand | 54/58 | €85,902 | €481,279 | +€395,377 | +460.3% |
| Deferred charges and accrued income | 490/1 | €393 | €2,523 | +€2,130 | +542.4% |
| Total equity and liabilities | 10/49 | €332,711 | €1,078,116 | +€745,405 | +224.0% |
| Equity | 10/15 | €6,226 | €19,752 | +€13,526 | +217.2% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,826 | €17,352 | +€13,526 | +353.5% |
| Amounts payable | 17/49 | €326,485 | €1,058,364 | +€731,879 | +224.2% |
| Amounts payable after more than one year | 17 | €198,596 | €362,262 | +€163,666 | +82.4% |
| Financial debts | 170/4 | €198,596 | €362,262 | +€163,666 | +82.4% |
| Amounts payable within one year | 42/48 | €127,889 | €696,102 | +€568,213 | +444.3% |
| Current portion of amounts payable after more than one year | 42 | €7,832 | €36,334 | +€28,502 | +363.9% |
| Trade debts | 44 | €11,581 | €77,238 | +€65,657 | +566.9% |
| Suppliers | 440/4 | €11,581 | €77,238 | +€65,657 | +566.9% |
| Advances received on contracts in progress | 46 | - | €383,146 | +€383,146 | |
| Taxes, remuneration and social security | 45 | €800 | €3,064 | +€2,264 | +282.9% |
| Taxes | 450/3 | - | €2,851 | +€2,851 | |
| Remuneration and social security | 454/9 | €800 | €213 | -€587 | -73.4% |
| Other amounts payable | 47/48 | €107,676 | €196,319 | +€88,644 | +82.3% |
| Non-recurring operating income | 76A | - | €127 | +€127 | |
| Remuneration, social security and pensions | 62 | €1,484 | €20,377 | +€18,893 | +1273.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,589 | €13,379 | +€4,790 | +55.8% |
| Other operating charges | 640/8 | €387 | €586 | +€198 | +51.2% |
| Gross operating margin | 9900 | €14,544 | €69,054 | +€54,510 | +374.8% |
| Operating profit (loss) | 9901 | €4,084 | €34,713 | +€30,629 | +750.0% |
| Financial income | 75/76B | €3 | €292 | +€289 | +9590.4% |
| Recurring financial income | 75 | €3 | €292 | +€289 | +9590.4% |
| Financial charges | 65/66B | €261 | €18,585 | +€18,324 | +7024.5% |
| Recurring financial charges | 65 | €261 | €18,585 | +€18,324 | +7024.5% |
| Profit (loss) for the period before taxes | 9903 | €3,826 | €16,420 | +€12,594 | +329.2% |
| Income taxes | 67/77 | - | €2,894 | +€2,894 | |
| Profit (loss) for the period | 9904 | €3,826 | €13,526 | +€9,700 | +253.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,826 | €13,526 | +€9,700 | +253.5% |
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 4 October 2026 via checked.be.