Immo Gijsbrechts: 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 Gijsbrechts
Largest movements
- Cash -€61,733
down €61,733 (-97.6%), from €63,237 to €1,504
mainly Receivables within one year (-€50,994) and Net result for the year (-€45,160)
- Receivables after one year -€60,405
down €60,405 (-50.0%), from €120,811 to €60,405
- Receivables within one year +€50,994
up €50,994 (+8.3%), from €616,701 to €667,696
of which Other amounts receivable: +€56,439
- Profit (loss) carried forward -€45,160
down €45,160 (-21.2%), from €212,975 to €167,815
- Debts after one year -€23,808
down €23,808 (-22.0%), from €108,095 to €84,287
- Taxes -€10,910
no longer reported in 2025 (was €10,910)
- Services and other goods -€4,768
down €4,768 (-22.1%), from €21,591 to €16,823
- Other operating income -€2,075
down €2,075 (-66.0%), from €3,144 to €1,069
- Other operating charges +€1,313
up €1,313 (+3.1%), from €42,204 to €43,516
- Financial charges -€585
down €585 (-12.7%), from €4,611 to €4,026
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 | €1,479,778 | €1,410,793 | -€68,984 | -4.7% |
| Fixed assets | 21/28 | €678,743 | €681,189 | +€2,446 | +0.4% |
| Tangible fixed assets | 22/27 | €678,493 | €680,939 | +€2,446 | +0.4% |
| Land and buildings | 22 | €678,493 | €680,939 | +€2,446 | +0.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Other financial fixed assets | 284/8 | €250 | €250 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €801,035 | €729,604 | -€71,430 | -8.9% |
| Amounts receivable after more than one year | 29 | €120,811 | €60,405 | -€60,405 | -50.0% |
| Other amounts receivable | 291 | €120,811 | €60,405 | -€60,405 | -50.0% |
| Amounts receivable within one year | 40/41 | €616,701 | €667,696 | +€50,994 | +8.3% |
| Trade receivables | 40 | €9,075 | €3,630 | -€5,445 | -60.0% |
| Other amounts receivable | 41 | €607,626 | €664,066 | +€56,439 | +9.3% |
| Cash at bank and in hand | 54/58 | €63,237 | €1,504 | -€61,733 | -97.6% |
| Deferred charges and accrued income | 490/1 | €286 | - | -€286 | |
| Total equity and liabilities | 10/49 | €1,479,778 | €1,410,793 | -€68,984 | -4.7% |
| Equity | 10/15 | €1,346,501 | €1,301,340 | -€45,160 | -3.4% |
| Contributions | 10/11 | €1,042,336 | €1,042,336 | = | 0.0% |
| Capital | 10 | €1,042,336 | €1,042,336 | = | 0.0% |
| Issued capital | 100 | €1,042,336 | €1,042,336 | = | 0.0% |
| Reserves | 13 | €91,189 | €91,189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85,039 | €85,039 | = | 0.0% |
| Legal reserve | 130 | €79,446 | €79,446 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,593 | €5,593 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,975 | €167,815 | -€45,160 | -21.2% |
| Amounts payable | 17/49 | €133,277 | €109,453 | -€23,824 | -17.9% |
| Amounts payable after more than one year | 17 | €108,095 | €84,287 | -€23,808 | -22.0% |
| Financial debts | 170/4 | €108,095 | €84,287 | -€23,808 | -22.0% |
| Credit institutions | 173 | €108,095 | €84,287 | -€23,808 | -22.0% |
| Amounts payable within one year | 42/48 | €25,182 | €25,166 | -€16 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €23,159 | €23,808 | +€649 | +2.8% |
| Trade debts | 44 | €2,023 | €1,080 | -€943 | -46.6% |
| Suppliers | 440/4 | €2,023 | €1,080 | -€943 | -46.6% |
| Taxes, remuneration and social security | 45 | - | €278 | +€278 | |
| Taxes | 450/3 | - | €278 | +€278 | |
| Operating income | 70/76A | €21,144 | €19,069 | -€2,075 | -9.8% |
| Turnover | 70 | €18,000 | €18,000 | = | 0.0% |
| Other operating income | 74 | €3,144 | €1,069 | -€2,075 | -66.0% |
| Operating charges | 60/66A | €63,795 | €60,340 | -€3,456 | -5.4% |
| Services and other goods | 61 | €21,591 | €16,823 | -€4,768 | -22.1% |
| Other operating charges | 640/8 | €42,204 | €43,516 | +€1,313 | +3.1% |
| Operating profit (loss) | 9901 | -€42,651 | -€41,270 | +€1,381 | +3.2% |
| Financial income | 75/76B | - | €135 | +€135 | |
| Recurring financial income | 75 | - | €135 | +€135 | |
| Other financial income | 752/9 | - | €135 | +€135 | |
| Financial charges | 65/66B | €4,611 | €4,026 | -€585 | -12.7% |
| Recurring financial charges | 65 | €4,611 | €4,026 | -€585 | -12.7% |
| Debt charges | 650 | €3,972 | €3,341 | -€632 | -15.9% |
| Other financial charges | 652/9 | €639 | €685 | +€46 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€47,262 | -€45,160 | +€2,101 | +4.4% |
| Income taxes | 67/77 | €10,910 | - | -€10,910 | |
| Taxes | 670/3 | €10,910 | - | -€10,910 | |
| Profit (loss) for the period | 9904 | -€58,172 | -€45,160 | +€13,011 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,172 | -€45,160 | +€13,011 | +22.4% |
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 30 October 2026 via checked.be.