IMMO GOFDEN: 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 GOFDEN
Largest movements
- Receivables within one year +€466,485
up €466,485 (+307.1%), from €151,883 to €618,368
of which Other amounts receivable: +€513,948
- Tangible fixed assets -€90,623
down €90,623 (-2.9%), from €3.1m to €3.0m
- Investment grants +€392,985
new in 2025: €392,985
- Debts after one year -€163,607
down €163,607 (-5.9%), from €2.8m to €2.6m
- Reserves +€158,765
up €158,765 (+58.2%), from €273,021 to €431,786
- Financial income +€48,526
new in 2025: €48,526
- Taxes +€24,231
up €24,231 (+151.4%), from €16,000 to €40,231
- Other operating charges -€21,938
down €21,938 (-95.0%), from €23,080 to €1,143
- Gross operating margin -€21,394
down €21,394 (-6.5%), from €331,608 to €310,214
- Financial charges -€8,440
down €8,440 (-21.4%), from €39,500 to €31,060
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 | €3,280,149 | €3,678,272 | +€398,123 | +12.1% |
| Fixed assets | 21/28 | €3,128,264 | €3,037,640 | -€90,623 | -2.9% |
| Tangible fixed assets | 22/27 | €3,128,264 | €3,037,640 | -€90,623 | -2.9% |
| Land and buildings | 22 | €3,128,264 | €3,037,640 | -€90,623 | -2.9% |
| Current assets | 29/58 | €151,885 | €640,632 | +€488,746 | +321.8% |
| Amounts receivable within one year | 40/41 | €151,883 | €618,368 | +€466,485 | +307.1% |
| Trade receivables | 40 | €151,883 | €104,420 | -€47,463 | -31.2% |
| Other amounts receivable | 41 | €0 | €513,948 | +€513,948 | |
| Cash at bank and in hand | 54/58 | €0 | €13,999 | +€13,999 | |
| Deferred charges and accrued income | 490/1 | €2 | €8,265 | +€8,263 | +393460.5% |
| Total equity and liabilities | 10/49 | €3,280,149 | €3,678,272 | +€398,123 | +12.1% |
| Equity | 10/15 | €283,021 | €834,771 | +€551,750 | +195.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €273,021 | €431,786 | +€158,765 | +58.2% |
| Distributable reserves | 133 | €273,021 | €431,786 | +€158,765 | +58.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | - | €392,985 | +€392,985 | |
| Amounts payable | 17/49 | €2,997,128 | €2,843,501 | -€153,627 | -5.1% |
| Amounts payable after more than one year | 17 | €2,766,370 | €2,602,763 | -€163,607 | -5.9% |
| Financial debts | 170/4 | €2,766,370 | €2,602,763 | -€163,607 | -5.9% |
| Amounts payable within one year | 42/48 | €230,759 | €240,739 | +€9,980 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €159,793 | €162,107 | +€2,314 | +1.4% |
| Financial debts | 43 | €18,665 | €0 | -€18,665 | -100.0% |
| Credit institutions | 430/8 | €18,665 | €0 | -€18,665 | -100.0% |
| Trade debts | 44 | €1,221 | €22,371 | +€21,150 | +1732.5% |
| Suppliers | 440/4 | €1,221 | €22,371 | +€21,150 | +1732.5% |
| Taxes, remuneration and social security | 45 | €34,137 | €39,320 | +€5,184 | +15.2% |
| Taxes | 450/3 | €34,137 | €39,320 | +€5,184 | +15.2% |
| Other amounts payable | 47/48 | €16,943 | €16,940 | -€3 | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,674 | €97,264 | +€3,590 | +3.8% |
| Other operating charges | 640/8 | €23,080 | €1,143 | -€21,938 | -95.0% |
| Non-recurring operating charges | 66A | - | €30,277 | +€30,277 | |
| Gross operating margin | 9900 | €331,608 | €310,214 | -€21,394 | -6.5% |
| Operating profit (loss) | 9901 | €214,854 | €181,530 | -€33,324 | -15.5% |
| Financial income | 75/76B | - | €48,526 | +€48,526 | |
| Recurring financial income | 75 | - | €48,526 | +€48,526 | |
| Financial charges | 65/66B | €39,500 | €31,060 | -€8,440 | -21.4% |
| Recurring financial charges | 65 | €39,500 | €31,060 | -€8,440 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €175,354 | €198,996 | +€23,642 | +13.5% |
| Income taxes | 67/77 | €16,000 | €40,231 | +€24,231 | +151.4% |
| Profit (loss) for the period | 9904 | €159,354 | €158,765 | -€588 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €159,354 | €158,765 | -€588 | -0.4% |
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 10 October 2026 via checked.be.