IMMO GIJSEN: 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 GIJSEN
Largest movements
- Cash +€119,600
up €119,600 (+11.1%), from €1.1m to €1.2m
mainly Depreciation (+€64,210) and Net result for the year (+€62,549)
- Tangible fixed assets -€57,631
down €57,631 (-13.5%), from €427,539 to €369,908
of which Land and buildings: -€44,777
- Reserves +€60,000
up €60,000 (+19.5%), from €307,120 to €367,120
of which Distributable reserves: +€60,000
- Gross operating margin +€31,846
up €31,846 (+22.8%), from €139,672 to €171,518
- Financial income +€24,475
up €24,475 (+28,556%), from €86 to €24,561
- Taxes +€14,593
up €14,593 (+122%), from €12,006 to €26,598
- Other operating charges +€2,120
up €2,120 (+5.3%), from €40,352 to €42,472
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 | €1,502,264 | €1,567,318 | +€65,054 | +4.3% |
| Fixed assets | 21/28 | €427,539 | €369,908 | -€57,631 | -13.5% |
| Tangible fixed assets | 22/27 | €427,539 | €369,908 | -€57,631 | -13.5% |
| Land and buildings | 22 | €387,448 | €342,671 | -€44,777 | -11.6% |
| Plant, machinery and equipment | 23 | €6,308 | €5,478 | -€830 | -13.2% |
| Furniture and vehicles | 24 | €33,783 | €21,759 | -€12,024 | -35.6% |
| Current assets | 29/58 | €1,074,726 | €1,197,410 | +€122,685 | +11.4% |
| Cash at bank and in hand | 54/58 | €1,073,439 | €1,193,038 | +€119,600 | +11.1% |
| Deferred charges and accrued income | 490/1 | €1,287 | €4,372 | +€3,085 | +240% |
| Total equity and liabilities | 10/49 | €1,502,264 | €1,567,318 | +€65,054 | +4.3% |
| Equity | 10/15 | €1,347,474 | €1,410,023 | +€62,549 | +4.6% |
| Contributions | 10/11 | €1,040,354 | €1,040,354 | = | 0.0% |
| Reserves | 13 | €307,120 | €367,120 | +€60,000 | +19.5% |
| Non-distributable reserves | 130/1 | €47,675 | €47,675 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47,675 | €47,675 | = | 0.0% |
| Distributable reserves | 133 | €259,445 | €319,445 | +€60,000 | +23.1% |
| Profit (loss) carried forward | 14 | - | €2,549 | +€2,549 | |
| Amounts payable | 17/49 | €154,791 | €157,295 | +€2,505 | +1.6% |
| Amounts payable within one year | 42/48 | €154,791 | €157,295 | +€2,505 | +1.6% |
| Trade debts | 44 | €3,216 | €2,390 | -€826 | -25.7% |
| Suppliers | 440/4 | €3,216 | €2,390 | -€826 | -25.7% |
| Taxes, remuneration and social security | 45 | €15,137 | €21,454 | +€6,317 | +41.7% |
| Taxes | 450/3 | €15,137 | €19,354 | +€4,217 | +27.9% |
| Remuneration and social security | 454/9 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €136,437 | €133,451 | -€2,986 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,948 | €64,210 | +€1,261 | +2.0% |
| Other operating charges | 640/8 | €40,352 | €42,472 | +€2,120 | +5.3% |
| Gross operating margin | 9900 | €139,672 | €171,518 | +€31,846 | +22.8% |
| Operating profit (loss) | 9901 | €36,372 | €64,836 | +€28,464 | +78.3% |
| Financial income | 75/76B | €86 | €24,561 | +€24,475 | +28,556% |
| Recurring financial income | 75 | €86 | €24,561 | +€24,475 | +28,556% |
| Financial charges | 65/66B | €198 | €250 | +€51 | +25.9% |
| Recurring financial charges | 65 | €198 | €250 | +€51 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €36,259 | €89,148 | +€52,888 | +146% |
| Income taxes | 67/77 | €12,006 | €26,598 | +€14,593 | +122% |
| Profit (loss) for the period | 9904 | €24,253 | €62,549 | +€38,296 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €24,253 | €62,549 | +€38,296 | +158% |
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 14 October 2026 via checked.be.