Immo GL: 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 GL
Largest movements
- Cash +€93,128
up €93,128 (+305.7%), from €30,461 to €123,589
mainly Other debts (+€95,383) and Net result for the year (+€20,582)
- Other debts +€95,383
up €95,383 (+139.1%), from €68,568 to €163,951
- Profit (loss) carried forward +€20,582
up €20,582 (+45.6%), from -€45,102 to -€24,520
- Trade debts -€10,765
down €10,765 (-38.8%), from €27,748 to €16,983
- Current portion of long-term debt -€7,362
no longer reported in 2025 (was €7,362)
- Tax, wage and social debts -€5,183
down €5,183 (-45.2%), from €11,463 to €6,280
of which Taxes: -€5,958
- Gross operating margin +€19,286
up €19,286 (+85.5%), from €22,554 to €41,839
- Depreciation -€828
down €828 (-26.5%), from €3,123 to €2,295
- Staff costs +€456
up €456 (+3.2%), from €14,091 to €14,548
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 | €90,782 | €181,771 | +€90,988 | +100.2% |
| Fixed assets | 21/28 | €36,952 | €35,787 | -€1,165 | -3.2% |
| Tangible fixed assets | 22/27 | €33,727 | €32,562 | -€1,165 | -3.5% |
| Land and buildings | 22 | €30,388 | €29,068 | -€1,320 | -4.3% |
| Plant, machinery and equipment | 23 | €3,339 | €2,445 | -€895 | -26.8% |
| Furniture and vehicles | 24 | - | €1,049 | +€1,049 | |
| Financial fixed assets | 28 | €3,225 | €3,225 | = | 0.0% |
| Current assets | 29/58 | €53,830 | €145,983 | +€92,153 | +171.2% |
| Amounts receivable within one year | 40/41 | €21,974 | €20,617 | -€1,357 | -6.2% |
| Trade receivables | 40 | €16,707 | €20,350 | +€3,643 | +21.8% |
| Other amounts receivable | 41 | €5,267 | €267 | -€5,000 | -94.9% |
| Cash at bank and in hand | 54/58 | €30,461 | €123,589 | +€93,128 | +305.7% |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,777 | +€382 | +27.4% |
| Total equity and liabilities | 10/49 | €90,782 | €181,771 | +€90,988 | +100.2% |
| Equity | 10/15 | -€26,025 | -€5,444 | +€20,582 | +79.1% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €5,477 | €5,477 | = | 0.0% |
| Distributable reserves | 133 | €5,477 | €5,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,102 | -€24,520 | +€20,582 | +45.6% |
| Amounts payable | 17/49 | €116,807 | €187,214 | +€70,407 | +60.3% |
| Amounts payable within one year | 42/48 | €116,807 | €187,214 | +€70,407 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €7,362 | - | -€7,362 | |
| Financial debts | 43 | €1,667 | - | -€1,667 | |
| Credit institutions | 430/8 | €1,667 | - | -€1,667 | |
| Trade debts | 44 | €27,748 | €16,983 | -€10,765 | -38.8% |
| Suppliers | 440/4 | €27,748 | €16,983 | -€10,765 | -38.8% |
| Taxes, remuneration and social security | 45 | €11,463 | €6,280 | -€5,183 | -45.2% |
| Taxes | 450/3 | €9,820 | €3,862 | -€5,958 | -60.7% |
| Remuneration and social security | 454/9 | €1,643 | €2,418 | +€775 | +47.2% |
| Other amounts payable | 47/48 | €68,568 | €163,951 | +€95,383 | +139.1% |
| Non-recurring operating income | 76A | €4,474 | - | -€4,474 | |
| Remuneration, social security and pensions | 62 | €14,091 | €14,548 | +€456 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,123 | €2,295 | -€828 | -26.5% |
| Other operating charges | 640/8 | €2,850 | €2,962 | +€112 | +3.9% |
| Gross operating margin | 9900 | €22,554 | €41,839 | +€19,286 | +85.5% |
| Operating profit (loss) | 9901 | €2,489 | €22,035 | +€19,546 | +785.3% |
| Financial income | 75/76B | €204 | €61 | -€143 | -70.1% |
| Recurring financial income | 75 | €204 | €61 | -€143 | -70.1% |
| Financial charges | 65/66B | €1,381 | €1,514 | +€133 | +9.6% |
| Recurring financial charges | 65 | €1,381 | €1,514 | +€133 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €1,311 | €20,581 | +€19,270 | +1469.5% |
| Income taxes | 67/77 | €0 | -€0 | -€0 | |
| Profit (loss) for the period | 9904 | €1,311 | €20,582 | +€19,270 | +1469.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,311 | €20,582 | +€19,270 | +1469.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.