IMMO GMJ: 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 GMJ
Largest movements
- Tangible fixed assets -€11,310
down €11,310 (-4.6%), from €244,579 to €233,269
of which Land and buildings: -€10,174
- Debts after one year -€10,100
down €10,100 (-8.7%), from €116,149 to €106,049
- Gross operating margin -€6,504
down €6,504 (-32.0%), from €20,305 to €13,801
- Purchases and services -€1,337
down €1,337 (-36.4%), from €3,676 to €2,339
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 | €250,850 | €239,480 | -€11,371 | -4.5% |
| Fixed assets | 21/28 | €244,579 | €233,269 | -€11,310 | -4.6% |
| Tangible fixed assets | 22/27 | €244,579 | €233,269 | -€11,310 | -4.6% |
| Land and buildings | 22 | €240,708 | €230,535 | -€10,174 | -4.2% |
| Plant, machinery and equipment | 23 | €3,871 | €2,735 | -€1,136 | -29.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €6,271 | €6,210 | -€61 | -1.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €927 | €847 | -€80 | -8.6% |
| Deferred charges and accrued income | 490/1 | €345 | €364 | +€19 | +5.5% |
| Total equity and liabilities | 10/49 | €250,850 | €239,480 | -€11,371 | -4.5% |
| Equity | 10/15 | -€20,159 | -€21,736 | -€1,577 | -7.8% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,159 | -€66,736 | -€1,577 | -2.4% |
| Amounts payable | 17/49 | €271,009 | €261,215 | -€9,794 | -3.6% |
| Amounts payable after more than one year | 17 | €116,149 | €106,049 | -€10,100 | -8.7% |
| Financial debts | 170/4 | €116,149 | €106,049 | -€10,100 | -8.7% |
| Amounts payable within one year | 42/48 | €154,861 | €155,166 | +€306 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €10,793 | €10,099 | -€694 | -6.4% |
| Trade debts | 44 | €511 | €180 | -€331 | -64.8% |
| Suppliers | 440/4 | €511 | €180 | -€331 | -64.8% |
| Taxes, remuneration and social security | 45 | €41 | €44 | +€3 | +8.5% |
| Taxes | 450/3 | €41 | €44 | +€3 | +8.5% |
| Other amounts payable | 47/48 | €143,516 | €144,843 | +€1,326 | +0.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €16,140 | €16,140 | = | 0.0% |
| Non-recurring operating income | 76A | €6,640 | - | -€6,640 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,676 | €2,339 | -€1,337 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,310 | €11,310 | = | 0.0% |
| Other operating charges | 640/8 | €1,832 | €1,673 | -€160 | -8.7% |
| Gross operating margin | 9900 | €20,305 | €13,801 | -€6,504 | -32.0% |
| Operating profit (loss) | 9901 | €7,163 | €818 | -€6,344 | -88.6% |
| Financial income | 75/76B | €184 | €199 | +€15 | +8.0% |
| Recurring financial income | 75 | €184 | €199 | +€15 | +8.0% |
| Financial charges | 65/66B | €2,683 | €2,534 | -€149 | -5.5% |
| Recurring financial charges | 65 | €2,683 | €2,534 | -€149 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €4,663 | -€1,517 | -€6,181 | |
| Income taxes | 67/77 | €41 | €59 | +€19 | +45.5% |
| Profit (loss) for the period | 9904 | €4,623 | -€1,577 | -€6,199 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,623 | -€1,577 | -€6,199 |
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 18 October 2026 via checked.be.