IMMO GERFIN: 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 GERFIN
Largest movements
- Cash -€164,991
down €164,991 (-51.2%), from €322,495 to €157,504
mainly Other debts (-€125,640) and Net result for the year (-€19,244)
- Receivables within one year +€16,698
up €16,698 (+2.6%), from €648,098 to €664,796
- Other debts -€125,640
down €125,640 (-89.6%), from €140,207 to €14,567
- Profit (loss) carried forward -€19,244
down €19,244 (-4.1%), from -€470,316 to -€489,560
- Gross operating margin +€26,741
up €26,741 (+61.6%), from -€43,379 to -€16,637
- Other operating charges +€2,493
up €2,493 (+546.1%), from €457 to €2,949
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €970,593 | €822,300 | -€148,293 | -15.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €970,593 | €822,300 | -€148,293 | -15.3% |
| Amounts receivable within one year | 40/41 | €648,098 | €664,796 | +€16,698 | +2.6% |
| Other amounts receivable | 41 | €648,098 | €664,796 | +€16,698 | +2.6% |
| Cash at bank and in hand | 54/58 | €322,495 | €157,504 | -€164,991 | -51.2% |
| Total equity and liabilities | 10/49 | €970,593 | €822,300 | -€148,293 | -15.3% |
| Equity | 10/15 | €824,989 | €805,745 | -€19,244 | -2.3% |
| Contributions | 10/11 | €1,295,305 | €1,295,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€470,316 | -€489,560 | -€19,244 | -4.1% |
| Amounts payable | 17/49 | €145,604 | €16,555 | -€129,049 | -88.6% |
| Amounts payable within one year | 42/48 | €145,604 | €16,555 | -€129,049 | -88.6% |
| Trade debts | 44 | €5,397 | €1,988 | -€3,409 | -63.2% |
| Suppliers | 440/4 | €5,397 | €1,988 | -€3,409 | -63.2% |
| Other amounts payable | 47/48 | €140,207 | €14,567 | -€125,640 | -89.6% |
| Other operating charges | 640/8 | €457 | €2,949 | +€2,493 | +546.1% |
| Gross operating margin | 9900 | -€43,379 | -€16,637 | +€26,741 | +61.6% |
| Operating profit (loss) | 9901 | -€43,835 | -€19,587 | +€24,249 | +55.3% |
| Financial income | 75/76B | - | €416 | +€416 | |
| Recurring financial income | 75 | - | €416 | +€416 | |
| Financial charges | 65/66B | €175 | €74 | -€102 | -58.1% |
| Recurring financial charges | 65 | €175 | €74 | -€102 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | -€44,011 | -€19,244 | +€24,766 | +56.3% |
| Income taxes | 67/77 | -€17 | €0 | +€17 | |
| Profit (loss) for the period | 9904 | -€43,993 | -€19,244 | +€24,749 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,993 | -€19,244 | +€24,749 | +56.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.