IMMO - GLAISE: 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 - GLAISE
Largest movements
- Tangible fixed assets -€17,522
down €17,522 (-5.9%), from €296,316 to €278,794
of which Land and buildings: -€16,946
- Cash -€6,202
down €6,202 (-37.1%), from €16,727 to €10,525
mainly Provisions (-€15,000) and Debts after one year (-€13,000)
- Provisions -€15,000
no longer reported in 2025 (was €15,000)
- Debts after one year -€13,000
down €13,000 (-6.6%), from €198,000 to €185,000
- Purchases and services +€16,659
up €16,659 (+228.8%), from €7,281 to €23,940
- Gross operating margin -€15,221
down €15,221 (-40.9%), from €37,185 to €21,965
- Provisions -€15,000
no longer reported in 2025 (was €15,000)
- Turnover +€1,438
up €1,438 (+3.2%), from €44,467 to €45,904
- Financial charges -€523
down €523 (-91.9%), from €569 to €46
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 | €313,043 | €289,319 | -€23,724 | -7.6% |
| Fixed assets | 21/28 | €296,316 | €278,794 | -€17,522 | -5.9% |
| Tangible fixed assets | 22/27 | €296,316 | €278,794 | -€17,522 | -5.9% |
| Land and buildings | 22 | €294,588 | €277,642 | -€16,946 | -5.8% |
| Plant, machinery and equipment | 23 | €1,728 | €1,152 | -€576 | -33.3% |
| Current assets | 29/58 | €16,727 | €10,525 | -€6,202 | -37.1% |
| Cash at bank and in hand | 54/58 | €16,727 | €10,525 | -€6,202 | -37.1% |
| Total equity and liabilities | 10/49 | €313,043 | €289,319 | -€23,724 | -7.6% |
| Equity | 10/15 | €85,640 | €86,943 | +€1,303 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,640 | €64,943 | +€1,303 | +2.0% |
| Provisions and deferred taxes | 16 | €15,000 | - | -€15,000 | |
| Provisions for liabilities and charges | 160/5 | €15,000 | - | -€15,000 | |
| Other liabilities and charges | 164/5 | €15,000 | - | -€15,000 | |
| Amounts payable | 17/49 | €212,402 | €202,376 | -€10,026 | -4.7% |
| Amounts payable after more than one year | 17 | €198,000 | €185,000 | -€13,000 | -6.6% |
| Financial debts | 170/4 | €198,000 | €185,000 | -€13,000 | -6.6% |
| Amounts payable within one year | 42/48 | €12,580 | €15,543 | +€2,963 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €11,000 | €12,000 | +€1,000 | +9.1% |
| Trade debts | 44 | €1,160 | €3,048 | +€1,888 | +162.8% |
| Suppliers | 440/4 | €1,160 | €3,048 | +€1,888 | +162.8% |
| Taxes, remuneration and social security | 45 | €420 | €495 | +€75 | +17.9% |
| Taxes | 450/3 | €420 | €495 | +€75 | +17.9% |
| Accrued charges and deferred income | 492/3 | €1,822 | €1,833 | +€10 | +0.6% |
| Turnover | 70 | €44,467 | €45,904 | +€1,438 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,281 | €23,940 | +€16,659 | +228.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,522 | €17,522 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,000 | - | -€15,000 | |
| Other operating charges | 640/8 | €2,509 | €2,587 | +€78 | +3.1% |
| Gross operating margin | 9900 | €37,185 | €21,965 | -€15,221 | -40.9% |
| Operating profit (loss) | 9901 | €2,155 | €1,856 | -€299 | -13.9% |
| Financial income | 75/76B | €2 | €1 | -€1 | -59.9% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -59.9% |
| Financial charges | 65/66B | €569 | €46 | -€523 | -91.9% |
| Recurring financial charges | 65 | €569 | €46 | -€523 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €1,588 | €1,810 | +€222 | +14.0% |
| Income taxes | 67/77 | €420 | €508 | +€88 | +20.9% |
| Profit (loss) for the period | 9904 | €1,168 | €1,303 | +€135 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,168 | €1,303 | +€135 | +11.5% |
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 5 October 2026 via checked.be.