IMMO - GEST: 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 - GEST
Largest movements
- Tangible fixed assets -€16,148
down €16,148 (-9.2%), from €174,891 to €158,744
- Profit (loss) carried forward -€14,196
down €14,196 (-4.2%), from -€334,500 to -€348,696
- Other debts -€2,500
down €2,500 (-45.5%), from €5,491 to €2,991
- Gross operating margin +€2,028
up €2,028 (+65.1%), from €3,114 to €5,142
- Other operating charges +€96
up €96 (+3.2%), from €2,989 to €3,086
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 | €181,652 | €165,022 | -€16,630 | -9.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €174,891 | €158,744 | -€16,148 | -9.2% |
| Tangible fixed assets | 22/27 | €174,891 | €158,744 | -€16,148 | -9.2% |
| Land and buildings | 22 | €174,891 | €158,744 | -€16,148 | -9.2% |
| Current assets | 29/58 | €6,760 | €6,278 | -€482 | -7.1% |
| Cash at bank and in hand | 54/58 | €6,760 | €6,278 | -€482 | -7.1% |
| Total equity and liabilities | 10/49 | €181,652 | €165,022 | -€16,630 | -9.2% |
| Equity | 10/15 | €176,160 | €161,965 | -€14,196 | -8.1% |
| Contributions | 10/11 | €510,661 | €510,661 | = | 0.0% |
| Capital | 10 | €510,661 | €510,661 | = | 0.0% |
| Issued capital | 100 | €510,661 | €510,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€334,500 | -€348,696 | -€14,196 | -4.2% |
| Amounts payable | 17/49 | €5,491 | €3,057 | -€2,434 | -44.3% |
| Amounts payable within one year | 42/48 | €5,491 | €3,057 | -€2,434 | -44.3% |
| Trade debts | 44 | - | €66 | +€66 | |
| Suppliers | 440/4 | - | €66 | +€66 | |
| Other amounts payable | 47/48 | €5,491 | €2,991 | -€2,500 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,148 | €16,148 | = | 0.0% |
| Other operating charges | 640/8 | €2,989 | €3,086 | +€96 | +3.2% |
| Gross operating margin | 9900 | €3,114 | €5,142 | +€2,028 | +65.1% |
| Operating profit (loss) | 9901 | -€16,023 | -€14,091 | +€1,932 | +12.1% |
| Financial charges | 65/66B | €98 | €105 | +€7 | +6.9% |
| Recurring financial charges | 65 | €98 | €105 | +€7 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,121 | -€14,196 | +€1,925 | +11.9% |
| Profit (loss) for the period | 9904 | -€16,121 | -€14,196 | +€1,925 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,121 | -€14,196 | +€1,925 | +11.9% |
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 29 September 2026 via checked.be.