IMMO GIOTA: 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 GIOTA
Largest movements
- Financial fixed assets -€325,000
down €325,000 (-99.7%), from €326,000 to €1,000
- Receivables within one year +€147,688
new in 2025: €147,688
- Tangible fixed assets -€25,940
down €25,940 (-4.6%), from €559,081 to €533,141
of which Land and buildings: -€22,396
- Other debts -€157,163
down €157,163 (-46.3%), from €339,244 to €182,081
- Debts after one year -€42,304
down €42,304 (-14.3%), from €295,688 to €253,384
- Financial income +€17,258
new in 2025: €17,258
- Financial charges -€13,306
down €13,306 (-31.4%), from €42,416 to €29,111
- Gross operating margin -€9,249
down €9,249 (-19.6%), from €47,150 to €37,901
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 | €885,081 | €684,371 | -€200,709 | -22.7% |
| Fixed assets | 21/28 | €885,081 | €534,141 | -€350,940 | -39.7% |
| Tangible fixed assets | 22/27 | €559,081 | €533,141 | -€25,940 | -4.6% |
| Land and buildings | 22 | €548,890 | €526,494 | -€22,396 | -4.1% |
| Plant, machinery and equipment | 23 | €10,191 | €6,647 | -€3,544 | -34.8% |
| Financial fixed assets | 28 | €326,000 | €1,000 | -€325,000 | -99.7% |
| Current assets | 29/58 | - | €150,231 | +€150,231 | |
| Amounts receivable within one year | 40/41 | - | €147,688 | +€147,688 | |
| Other amounts receivable | 41 | - | €147,688 | +€147,688 | |
| Cash at bank and in hand | 54/58 | - | €2,543 | +€2,543 | |
| Total equity and liabilities | 10/49 | €885,081 | €684,371 | -€200,709 | -22.7% |
| Equity | 10/15 | €156,379 | €154,175 | -€2,204 | -1.4% |
| Contributions | 10/11 | €121,468 | €121,468 | = | 0.0% |
| Capital | 10 | €121,468 | €121,468 | = | 0.0% |
| Issued capital | 100 | €121,468 | €121,468 | = | 0.0% |
| Reserves | 13 | €159,385 | €152,396 | -€6,989 | -4.4% |
| Non-distributable reserves | 130/1 | €12,147 | €12,147 | = | 0.0% |
| Legal reserve | 130 | €12,147 | €12,147 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,238 | €140,249 | -€6,989 | -4.7% |
| Profit (loss) carried forward | 14 | -€124,474 | -€119,688 | +€4,785 | +3.8% |
| Provisions and deferred taxes | 16 | €49,079 | €46,750 | -€2,330 | -4.7% |
| Deferred taxes | 168 | €49,079 | €46,750 | -€2,330 | -4.7% |
| Amounts payable | 17/49 | €679,622 | €483,446 | -€196,176 | -28.9% |
| Amounts payable after more than one year | 17 | €295,688 | €253,384 | -€42,304 | -14.3% |
| Financial debts | 170/4 | €295,688 | €253,384 | -€42,304 | -14.3% |
| Amounts payable within one year | 42/48 | €383,934 | €230,062 | -€153,872 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €41,714 | €43,672 | +€1,958 | +4.7% |
| Financial debts | 43 | €911 | - | -€911 | |
| Credit institutions | 430/8 | €911 | - | -€911 | |
| Trade debts | 44 | €2,066 | €410 | -€1,656 | -80.2% |
| Suppliers | 440/4 | €2,066 | €410 | -€1,656 | -80.2% |
| Advances received on contracts in progress | 46 | - | €3,900 | +€3,900 | |
| Other amounts payable | 47/48 | €339,244 | €182,081 | -€157,163 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,940 | €25,940 | = | 0.0% |
| Other operating charges | 640/8 | €4,396 | €4,642 | +€246 | +5.6% |
| Gross operating margin | 9900 | €47,150 | €37,901 | -€9,249 | -19.6% |
| Operating profit (loss) | 9901 | €16,814 | €7,319 | -€9,495 | -56.5% |
| Financial income | 75/76B | - | €17,258 | +€17,258 | |
| Recurring financial income | 75 | - | €17,258 | +€17,258 | |
| Financial charges | 65/66B | €42,416 | €29,111 | -€13,306 | -31.4% |
| Recurring financial charges | 65 | €42,416 | €29,111 | -€13,306 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,602 | -€4,533 | +€21,069 | +82.3% |
| Transfer from deferred taxes | 780 | €2,330 | €2,330 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€23,272 | -€2,204 | +€21,069 | +90.5% |
| Transfer from tax-exempt reserves | 789 | €6,989 | €6,989 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,283 | €4,785 | +€21,069 |
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 12 October 2026 via checked.be.