IMMO GEYBELS: 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 GEYBELS
Largest movements
- Tangible fixed assets -€23,041
down €23,041 (-6.0%), from €382,602 to €359,561
- Other debts -€51,910
no longer reported in 2025 (was €51,910)
- Debts after one year +€29,686
up €29,686 (+9.3%), from €318,885 to €348,571
of which Other amounts payable: +€51,910
- Gross operating margin -€2,682
down €2,682 (-7.7%), from €34,853 to €32,171
- Financial charges -€424
down €424 (-5.6%), from €7,545 to €7,121
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 | €385,046 | €361,995 | -€23,052 | -6.0% |
| Fixed assets | 21/28 | €382,602 | €359,561 | -€23,041 | -6.0% |
| Tangible fixed assets | 22/27 | €382,602 | €359,561 | -€23,041 | -6.0% |
| Land and buildings | 22 | €382,602 | €359,561 | -€23,041 | -6.0% |
| Current assets | 29/58 | €2,444 | €2,434 | -€11 | -0.4% |
| Cash at bank and in hand | 54/58 | €2,444 | €34 | -€2,411 | -98.6% |
| Deferred charges and accrued income | 490/1 | - | €2,400 | +€2,400 | |
| Total equity and liabilities | 10/49 | €385,046 | €361,995 | -€23,052 | -6.0% |
| Equity | 10/15 | -€9,923 | -€11,208 | -€1,285 | -13.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,923 | -€16,208 | -€1,285 | -8.6% |
| Amounts payable | 17/49 | €394,969 | €373,203 | -€21,767 | -5.5% |
| Amounts payable after more than one year | 17 | €318,885 | €348,571 | +€29,686 | +9.3% |
| Financial debts | 170/4 | €318,885 | €296,661 | -€22,223 | -7.0% |
| Other amounts payable | 178/9 | - | €51,910 | +€51,910 | |
| Amounts payable within one year | 42/48 | €73,674 | €22,223 | -€51,450 | -69.8% |
| Current portion of amounts payable after more than one year | 42 | €21,764 | €22,223 | +€459 | +2.1% |
| Other amounts payable | 47/48 | €51,910 | - | -€51,910 | |
| Accrued charges and deferred income | 492/3 | €2,411 | €2,408 | -€2 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,041 | €23,041 | = | 0.0% |
| Other operating charges | 640/8 | €3,580 | €3,294 | -€286 | -8.0% |
| Gross operating margin | 9900 | €34,853 | €32,171 | -€2,682 | -7.7% |
| Operating profit (loss) | 9901 | €8,233 | €5,836 | -€2,396 | -29.1% |
| Financial charges | 65/66B | €7,545 | €7,121 | -€424 | -5.6% |
| Recurring financial charges | 65 | €7,545 | €7,121 | -€424 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €688 | -€1,285 | -€1,973 | |
| Profit (loss) for the period | 9904 | €688 | -€1,285 | -€1,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €688 | -€1,285 | -€1,973 |
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 9 October 2026 via checked.be.