IMMO GIO: 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.
IMMO GIO
Largest movements
- Receivables within one year +€7,000
up €7,000 (+46.7%), from €15,000 to €22,000
- Tangible fixed assets -€2,700
down €2,700 (-3.6%), from €75,700 to €73,000
- Formation expenses -€1,530
no longer reported in 2025 (was €1,530)
- Debts after one year -€7,719
down €7,719 (-43.4%), from €17,771 to €10,052
- Reserves +€5,207
up €5,207 (+13.5%), from €38,586 to €43,794
- Trade debts +€4,811
up €4,811 (+57.5%), from €8,365 to €13,176
- Other debts +€1,028
up €1,028 (+45.6%), from €2,254 to €3,282
- Taxes -€2,284
down €2,284 (-54.2%), from €4,215 to €1,931
- Purchases and services -€1,319
down €1,319 (-26.6%), from €4,964 to €3,645
- Gross operating margin +€319
up €319 (+2.3%), from €14,036 to €14,355
- Financial charges +€180
up €180 (+13.0%), from €1,378 to €1,558
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 | €93,020 | €96,622 | +€3,602 | +3.9% |
| Formation expenses | 20 | €1,530 | - | -€1,530 | |
| Fixed assets | 21/28 | €75,700 | €73,000 | -€2,700 | -3.6% |
| Tangible fixed assets | 22/27 | €75,700 | €73,000 | -€2,700 | -3.6% |
| Land and buildings | 22 | €75,700 | €73,000 | -€2,700 | -3.6% |
| Current assets | 29/58 | €15,789 | €23,622 | +€7,833 | +49.6% |
| Amounts receivable within one year | 40/41 | €15,000 | €22,000 | +€7,000 | +46.7% |
| Trade receivables | 40 | €15,000 | €22,000 | +€7,000 | +46.7% |
| Cash at bank and in hand | 54/58 | €789 | €1,622 | +€833 | +105.6% |
| Total equity and liabilities | 10/49 | €93,020 | €96,622 | +€3,602 | +3.9% |
| Equity | 10/15 | €57,186 | €62,394 | +€5,207 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,586 | €43,794 | +€5,207 | +13.5% |
| Distributable reserves | 133 | €38,586 | €43,794 | +€5,207 | +13.5% |
| Amounts payable | 17/49 | €35,833 | €34,228 | -€1,605 | -4.5% |
| Amounts payable after more than one year | 17 | €17,771 | €10,052 | -€7,719 | -43.4% |
| Financial debts | 170/4 | €17,771 | €10,052 | -€7,719 | -43.4% |
| Amounts payable within one year | 42/48 | €18,063 | €24,177 | +€6,114 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €7,444 | €7,719 | +€275 | +3.7% |
| Trade debts | 44 | €8,365 | €13,176 | +€4,811 | +57.5% |
| Suppliers | 440/4 | €8,365 | €13,176 | +€4,811 | +57.5% |
| Other amounts payable | 47/48 | €2,254 | €3,282 | +€1,028 | +45.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,964 | €3,645 | -€1,319 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,230 | €4,230 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,343 | €1,429 | +€86 | +6.4% |
| Gross operating margin | 9900 | €14,036 | €14,355 | +€319 | +2.3% |
| Operating profit (loss) | 9901 | €8,462 | €8,695 | +€233 | +2.8% |
| Financial charges | 65/66B | €1,378 | €1,558 | +€180 | +13.0% |
| Recurring financial charges | 65 | €1,378 | €1,558 | +€180 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €7,084 | €7,138 | +€53 | +0.8% |
| Income taxes | 67/77 | €4,215 | €1,931 | -€2,284 | -54.2% |
| Profit (loss) for the period | 9904 | €2,870 | €5,207 | +€2,338 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,870 | €5,207 | +€2,338 | +81.5% |
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 3 October 2026 via checked.be.