IMMO GNP: 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 GNP
Largest movements
- Cash +€98,474
up €98,474 (+228.5%), from €43,101 to €141,575
mainly Net result for the year (+€67,218) and Tax, wage and social debts (+€67,113)
- Stocks and contracts -€42,746
down €42,746 (-12.1%), from €352,613 to €309,867
- Receivables within one year -€6,211
down €6,211 (-95.5%), from €6,506 to €295
- Debts after one year -€100,000
down €100,000 (-66.7%), from €150,000 to €50,000
- Tax, wage and social debts +€67,113
up €67,113 (+19885.2%), from €338 to €67,450
- Reserves +€60,000
up €60,000 (+31.6%), from €190,000 to €250,000
- Trade debts +€15,249
up €15,249 (+288.9%), from €5,278 to €20,527
- Profit (loss) carried forward +€7,218
up €7,218, from -€2,973 to €4,245
- Gross operating margin +€109,434
up €109,434, from -€10,501 to €98,933
- Taxes +€27,323
new in 2025: €27,323
- Financial charges +€2,675
up €2,675 (+229.3%), from €1,167 to €3,842
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 | €402,220 | €451,738 | +€49,518 | +12.3% |
| Current assets | 29/58 | €402,220 | €451,738 | +€49,518 | +12.3% |
| Stocks and contracts in progress | 3 | €352,613 | €309,867 | -€42,746 | -12.1% |
| Stocks | 30/36 | €352,613 | €309,867 | -€42,746 | -12.1% |
| Amounts receivable within one year | 40/41 | €6,506 | €295 | -€6,211 | -95.5% |
| Other amounts receivable | 41 | €6,506 | €295 | -€6,211 | -95.5% |
| Cash at bank and in hand | 54/58 | €43,101 | €141,575 | +€98,474 | +228.5% |
| Total equity and liabilities | 10/49 | €402,220 | €451,738 | +€49,518 | +12.3% |
| Equity | 10/15 | €193,228 | €260,445 | +€67,218 | +34.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €190,000 | €250,000 | +€60,000 | +31.6% |
| Distributable reserves | 133 | €190,000 | €250,000 | +€60,000 | +31.6% |
| Profit (loss) carried forward | 14 | -€2,973 | €4,245 | +€7,218 | |
| Amounts payable | 17/49 | €208,992 | €191,292 | -€17,700 | -8.5% |
| Amounts payable after more than one year | 17 | €150,000 | €50,000 | -€100,000 | -66.7% |
| Financial debts | 170/4 | €150,000 | €50,000 | -€100,000 | -66.7% |
| Amounts payable within one year | 42/48 | €58,992 | €141,292 | +€82,300 | +139.5% |
| Current portion of amounts payable after more than one year | 42 | €788 | - | -€788 | |
| Trade debts | 44 | €5,278 | €20,527 | +€15,249 | +288.9% |
| Suppliers | 440/4 | €5,278 | €20,527 | +€15,249 | +288.9% |
| Taxes, remuneration and social security | 45 | €338 | €67,450 | +€67,113 | +19885.2% |
| Taxes | 450/3 | €338 | €67,450 | +€67,113 | +19885.2% |
| Other amounts payable | 47/48 | €52,589 | €53,315 | +€726 | +1.4% |
| Other operating charges | 640/8 | €445 | €550 | +€105 | +23.6% |
| Gross operating margin | 9900 | -€10,501 | €98,933 | +€109,434 | |
| Operating profit (loss) | 9901 | -€10,945 | €98,383 | +€109,328 | |
| Financial charges | 65/66B | €1,167 | €3,842 | +€2,675 | +229.3% |
| Recurring financial charges | 65 | €1,167 | €3,842 | +€2,675 | +229.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,112 | €94,541 | +€106,653 | |
| Income taxes | 67/77 | - | €27,323 | +€27,323 | |
| Profit (loss) for the period | 9904 | -€12,112 | €67,218 | +€79,330 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,112 | €67,218 | +€79,330 |
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.