IMMO GJSR: 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 GJSR
Largest movements
- Tangible fixed assets -€10,414
down €10,414 (-1.9%), from €562,225 to €551,811
- Debts after one year -€95,801
down €95,801 (-65.5%), from €146,289 to €50,487
- Other debts +€70,022
up €70,022 (+103%), from €68,009 to €138,031
- Profit (loss) carried forward +€40,662
up €40,662 (+26.6%), from €152,901 to €193,562
- Tax, wage and social debts -€12,146
down €12,146 (-77.6%), from €15,658 to €3,512
- Current portion of long-term debt -€6,689
down €6,689 (-8.2%), from €81,171 to €74,482
- Other operating charges +€7,205
up €7,205 (+68.9%), from €10,461 to €17,666
- Taxes -€5,417
down €5,417 (-28.6%), from €18,929 to €13,512
- Gross operating margin -€4,256
down €4,256 (-3.9%), from €108,547 to €104,291
- Financial charges -€2,724
down €2,724 (-24.0%), from €11,345 to €8,621
- Depreciation +€1,432
up €1,432 (+5.7%), from €25,038 to €26,470
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 | €593,126 | €585,345 | -€7,781 | -1.3% |
| Fixed assets | 21/28 | €562,225 | €551,811 | -€10,414 | -1.9% |
| Tangible fixed assets | 22/27 | €562,225 | €551,811 | -€10,414 | -1.9% |
| Land and buildings | 22 | €562,225 | €551,811 | -€10,414 | -1.9% |
| Current assets | 29/58 | €30,901 | €33,534 | +€2,633 | +8.5% |
| Amounts receivable within one year | 40/41 | €22,573 | €21,455 | -€1,118 | -5.0% |
| Trade receivables | 40 | €22,220 | €21,214 | -€1,007 | -4.5% |
| Other amounts receivable | 41 | €353 | €242 | -€111 | -31.5% |
| Cash at bank and in hand | 54/58 | €8,327 | €12,079 | +€3,751 | +45.0% |
| Total equity and liabilities | 10/49 | €593,126 | €585,345 | -€7,781 | -1.3% |
| Equity | 10/15 | €258,548 | €297,230 | +€38,682 | +15.0% |
| Contributions | 10/11 | €7,480 | €7,480 | = | 0.0% |
| Reserves | 13 | €98,167 | €96,187 | -€1,980 | -2.0% |
| Tax-exempt reserves | 132 | €61,827 | €59,847 | -€1,980 | -3.2% |
| Distributable reserves | 133 | €36,340 | €36,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,901 | €193,562 | +€40,662 | +26.6% |
| Provisions and deferred taxes | 16 | €20,609 | €19,949 | -€660 | -3.2% |
| Deferred taxes | 168 | €20,609 | €19,949 | -€660 | -3.2% |
| Amounts payable | 17/49 | €313,968 | €268,166 | -€45,802 | -14.6% |
| Amounts payable after more than one year | 17 | €146,289 | €50,487 | -€95,801 | -65.5% |
| Financial debts | 170/4 | €146,289 | €50,487 | -€95,801 | -65.5% |
| Amounts payable within one year | 42/48 | €167,680 | €217,679 | +€49,999 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €81,171 | €74,482 | -€6,689 | -8.2% |
| Trade debts | 44 | €2,841 | €1,653 | -€1,188 | -41.8% |
| Suppliers | 440/4 | €2,841 | €1,653 | -€1,188 | -41.8% |
| Taxes, remuneration and social security | 45 | €15,658 | €3,512 | -€12,146 | -77.6% |
| Taxes | 450/3 | €15,658 | €3,512 | -€12,146 | -77.6% |
| Other amounts payable | 47/48 | €68,009 | €138,031 | +€70,022 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,038 | €26,470 | +€1,432 | +5.7% |
| Other operating charges | 640/8 | €10,461 | €17,666 | +€7,205 | +68.9% |
| Gross operating margin | 9900 | €108,547 | €104,291 | -€4,256 | -3.9% |
| Operating profit (loss) | 9901 | €73,047 | €60,155 | -€12,893 | -17.6% |
| Financial charges | 65/66B | €11,345 | €8,621 | -€2,724 | -24.0% |
| Recurring financial charges | 65 | €11,345 | €8,621 | -€2,724 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €61,703 | €51,534 | -€10,169 | -16.5% |
| Transfer from deferred taxes | 780 | €443 | €660 | +€217 | +49.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €18,929 | €13,512 | -€5,417 | -28.6% |
| Profit (loss) for the period | 9904 | €43,216 | €38,682 | -€4,534 | -10.5% |
| Transfer from tax-exempt reserves | 789 | €1,328 | €1,980 | +€652 | +49.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €44,544 | €40,662 | -€3,883 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.