IMMO GEUSENS: 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 GEUSENS
Largest movements
- Receivables within one year +€10,000
up €10,000 (+17.0%), from €58,879 to €68,879
of which Other amounts receivable: +€10,000
- Tangible fixed assets -€5,092
down €5,092 (-1.3%), from €390,731 to €385,640
of which Land and buildings: -€5,092
- Cash -€4,772
down €4,772 (-34.3%), from €13,931 to €9,159
mainly Receivables within one year (-€10,000) and Trade debts (-€1,741)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€4,274
down €4,274 (-45.6%), from €9,365 to €5,092
- Gross operating margin -€2,685
down €2,685 (-14.9%), from €17,960 to €15,275
- Other operating charges +€315
up €315 (+4.0%), from €7,947 to €8,263
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 | €463,541 | €463,677 | +€136 | 0.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €390,731 | €385,640 | -€5,092 | -1.3% |
| Tangible fixed assets | 22/27 | €390,731 | €385,640 | -€5,092 | -1.3% |
| Land and buildings | 22 | €390,731 | €385,640 | -€5,092 | -1.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Current assets | 29/58 | €72,810 | €78,038 | +€5,228 | +7.2% |
| Amounts receivable within one year | 40/41 | €58,879 | €68,879 | +€10,000 | +17.0% |
| Trade receivables | 40 | €8,879 | €8,879 | = | 0.0% |
| Other amounts receivable | 41 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €13,931 | €9,159 | -€4,772 | -34.3% |
| Total equity and liabilities | 10/49 | €463,541 | €463,677 | +€136 | 0.0% |
| Equity | 10/15 | €459,788 | €461,665 | +€1,878 | +0.4% |
| Contributions | 10/11 | €638,100 | €638,100 | = | 0.0% |
| Capital | 10 | €638,100 | €638,100 | = | 0.0% |
| Issued capital | 100 | €638,100 | €638,100 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,412 | -€176,535 | +€1,878 | +1.1% |
| Amounts payable | 17/49 | €3,753 | €2,012 | -€1,741 | -46.4% |
| Amounts payable within one year | 42/48 | €3,753 | €2,012 | -€1,741 | -46.4% |
| Trade debts | 44 | €1,841 | €100 | -€1,741 | -94.6% |
| Suppliers | 440/4 | €1,841 | €100 | -€1,741 | -94.6% |
| Other amounts payable | 47/48 | €1,912 | €1,912 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,365 | €5,092 | -€4,274 | -45.6% |
| Other operating charges | 640/8 | €7,947 | €8,263 | +€315 | +4.0% |
| Gross operating margin | 9900 | €17,960 | €15,275 | -€2,685 | -14.9% |
| Operating profit (loss) | 9901 | €648 | €1,921 | +€1,273 | +197% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €609 | €1,878 | +€1,269 | +208% |
| Profit (loss) for the period | 9904 | €609 | €1,878 | +€1,269 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €609 | €1,878 | +€1,269 | +208% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.