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Immo Gils: what changed

Two fiscal 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.

What changed

Immo Gils

BE 0454.403.725
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,500
2024 · -€6,857+€2,357
Equity
€46,387
2024 · €50,887-€4,500
Cash
€2,309
2024 · €6,877-€4,568
Balance sheet total
€183,373
2024 · €187,537-€4,164

Largest movements

2024 to 2025
Assets
  • Cash -€4,568

    down €4,568 (-66.4%), from €6,877 to €2,309

    mainly Investment in fixed assets (net) (-€16,973) and Net result for the year (-€4,500)

Equity and liabilities
  • Profit (loss) carried forward -€4,500

    down €4,500 (-11.2%), from -€40,157 to -€44,657

Income statement
  • Gross operating margin +€4,937

    up €4,937 (+46.2%), from €10,696 to €15,633

  • Depreciation +€2,461

    up €2,461 (+18.3%), from €13,485 to €15,946

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€6,857
Gross operating margin +€4,937
Depreciation -€2,461
Other operating charges -€108
Financial income -€0
Financial charges -€10
Taxes +€0
Result 2025 -€4,500

Cash bridge derived

cash 2024 to 2025

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.

From operations +€12,406
Investment -€16,973
Financing €0
Cash 2024 €6,877
Net result for the year -€4,500
Depreciation +€15,946
Receivables within one year +€638
Deferred charges and accrued income -€14
Trade debts +€494
Other debts -€159
Investment in fixed assets (net) -€16,973
Cash 2025 €2,309
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €187,537 €183,373 -€4,164 -2.2%
Fixed assets 21/28 €179,721 €180,748 +€1,028 +0.6%
Tangible fixed assets 22/27 €179,221 €180,248 +€1,028 +0.6%
Land and buildings 22 €154,431 €153,678 -€753 -0.5%
Furniture and vehicles 24 - €1,781 +€1,781
Other tangible fixed assets 26 €24,789 €24,789 = 0.0%
Financial fixed assets 28 €500 €500 = 0.0%
Current assets 29/58 €7,817 €2,625 -€5,192 -66.4%
Amounts receivable within one year 40/41 €638 - -€638
Trade receivables 40 €638 - -€638
Cash at bank and in hand 54/58 €6,877 €2,309 -€4,568 -66.4%
Deferred charges and accrued income 490/1 €302 €316 +€14 +4.7%
Total equity and liabilities 10/49 €187,537 €183,373 -€4,164 -2.2%
Equity 10/15 €50,887 €46,387 -€4,500 -8.8%
Contributions 10/11 €90,000 €90,000 = 0.0%
Capital 10 €90,000 €90,000 = 0.0%
Issued capital 100 €90,000 €90,000 = 0.0%
Reserves 13 €1,044 €1,044 = 0.0%
Non-distributable reserves 130/1 €1,044 €1,044 = 0.0%
Legal reserve 130 €1,044 €1,044 = 0.0%
Profit (loss) carried forward 14 -€40,157 -€44,657 -€4,500 -11.2%
Amounts payable 17/49 €136,650 €136,986 +€336 +0.2%
Amounts payable after more than one year 17 €127,000 €127,000 = 0.0%
Other amounts payable 178/9 €127,000 €127,000 = 0.0%
Amounts payable within one year 42/48 €9,030 €9,366 +€336 +3.7%
Trade debts 44 - €494 +€494
Suppliers 440/4 - €494 +€494
Other amounts payable 47/48 €9,030 €8,872 -€159 -1.8%
Accrued charges and deferred income 492/3 €620 €620 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,485 €15,946 +€2,461 +18.3%
Other operating charges 640/8 €3,708 €3,816 +€108 +2.9%
Gross operating margin 9900 €10,696 €15,633 +€4,937 +46.2%
Operating profit (loss) 9901 -€6,497 -€4,130 +€2,367 +36.4%
Financial income 75/76B €0 €0 -€0 -80.0%
Recurring financial income 75 €0 €0 -€0 -80.0%
Financial charges 65/66B €361 €371 +€10 +2.7%
Recurring financial charges 65 €361 €371 +€10 +2.7%
Profit (loss) for the period before taxes 9903 -€6,857 -€4,500 +€2,357 +34.4%
Income taxes 67/77 €0 - -€0
Profit (loss) for the period 9904 -€6,857 -€4,500 +€2,357 +34.4%
Profit (loss) for the period to be appropriated 9905 -€6,857 -€4,500 +€2,357 +34.4%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.