IMMO GEUNS: what changed
Two financial 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 GEUNS
Largest movements
- Tangible fixed assets -€12,712
down €12,712 (-7.6%), from €166,559 to €153,848
- Cash -€9,623
down €9,623 (-78.3%), from €12,288 to €2,664
mainly Other debts (-€15,954) and Net result for the year (-€5,218)
- Other debts -€15,954
down €15,954 (-14.2%), from €112,130 to €96,176
- Profit (loss) carried forward -€5,218
down €5,218 (-39.2%), from -€13,327 to -€18,545
- Other operating charges -€1,184
down €1,184 (-37.4%), from €3,168 to €1,984
- Gross operating margin +€1,125
up €1,125 (+13.4%), from €8,422 to €9,547
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.
Derived cash bridge
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 | €181,116 | €159,804 | -€21,312 | -11.8% |
| Fixed assets | 21/28 | €166,559 | €153,848 | -€12,712 | -7.6% |
| Tangible fixed assets | 22/27 | €166,559 | €153,848 | -€12,712 | -7.6% |
| Land and buildings | 22 | €166,559 | €153,848 | -€12,712 | -7.6% |
| Current assets | 29/58 | €14,557 | €5,956 | -€8,601 | -59.1% |
| Amounts receivable within one year | 40/41 | €1,766 | €2,769 | +€1,003 | +56.8% |
| Trade receivables | 40 | €1,766 | €2,482 | +€716 | +40.5% |
| Other amounts receivable | 41 | - | €287 | +€287 | |
| Cash at bank and in hand | 54/58 | €12,288 | €2,664 | -€9,623 | -78.3% |
| Deferred charges and accrued income | 490/1 | €502 | €523 | +€20 | +4.0% |
| Total equity and liabilities | 10/49 | €181,116 | €159,804 | -€21,312 | -11.8% |
| Equity | 10/15 | €68,081 | €62,863 | -€5,218 | -7.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €56,408 | €56,408 | = | 0.0% |
| Distributable reserves | 133 | €56,408 | €56,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,327 | -€18,545 | -€5,218 | -39.2% |
| Amounts payable | 17/49 | €113,035 | €96,941 | -€16,094 | -14.2% |
| Amounts payable within one year | 42/48 | €112,992 | €96,821 | -€16,172 | -14.3% |
| Trade debts | 44 | €212 | €645 | +€432 | +204% |
| Suppliers | 440/4 | €212 | €645 | +€432 | +204% |
| Taxes, remuneration and social security | 45 | €650 | €0 | -€650 | -100% |
| Taxes | 450/3 | €650 | €0 | -€650 | -100% |
| Other amounts payable | 47/48 | €112,130 | €96,176 | -€15,954 | -14.2% |
| Accrued charges and deferred income | 492/3 | €42 | €120 | +€78 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,712 | €12,712 | = | 0.0% |
| Other operating charges | 640/8 | €3,168 | €1,984 | -€1,184 | -37.4% |
| Gross operating margin | 9900 | €8,422 | €9,547 | +€1,125 | +13.4% |
| Operating profit (loss) | 9901 | -€7,458 | -€5,148 | +€2,310 | +31.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,900% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,527 | -€5,218 | +€2,308 | +30.7% |
| Profit (loss) for the period | 9904 | -€7,527 | -€5,218 | +€2,308 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,527 | -€5,218 | +€2,308 | +30.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.