Immo Granits: 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 Granits
Largest movements
- Cash +€8,282
up €8,282 (+166%), from €5,004 to €13,286
mainly Net result for the year (+€16,712) and Depreciation (+€1,970)
- Receivables within one year +€2,307
up €2,307 (+769%), from €300 to €2,607
- Tangible fixed assets -€1,970
down €1,970 (-22.0%), from €8,945 to €6,975
- Deferred charges and accrued income +€353
new in 2025: €353
- Profit (loss) carried forward +€16,712
up €16,712 (+6,467%), from €258 to €16,971
- Other debts -€9,396
no longer reported in 2025 (was €9,396)
- Tax, wage and social debts +€1,630
up €1,630 (+83.8%), from €1,945 to €3,575
- Gross operating margin +€15,953
up €15,953 (+144%), from €11,061 to €27,013
- Taxes +€3,858
up €3,858 (+191%), from €2,017 to €5,875
- Financial charges -€425
down €425 (-70.8%), from €600 to €175
- Financial income -€367
down €367 (-98.2%), from €374 to €7
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 | €14,249 | €23,221 | +€8,972 | +63.0% |
| Fixed assets | 21/28 | €8,945 | €6,975 | -€1,970 | -22.0% |
| Tangible fixed assets | 22/27 | €8,945 | €6,975 | -€1,970 | -22.0% |
| Land and buildings | 22 | €8,945 | €6,975 | -€1,970 | -22.0% |
| Current assets | 29/58 | €5,304 | €16,246 | +€10,942 | +206% |
| Amounts receivable within one year | 40/41 | €300 | €2,607 | +€2,307 | +769% |
| Other amounts receivable | 41 | €300 | €2,607 | +€2,307 | +769% |
| Cash at bank and in hand | 54/58 | €5,004 | €13,286 | +€8,282 | +166% |
| Deferred charges and accrued income | 490/1 | - | €353 | +€353 | |
| Total equity and liabilities | 10/49 | €14,249 | €23,221 | +€8,972 | +63.0% |
| Equity | 10/15 | €258 | €16,971 | +€16,712 | +6,467% |
| Profit (loss) carried forward | 14 | €258 | €16,971 | +€16,712 | +6,467% |
| Amounts payable | 17/49 | €13,991 | €6,250 | -€7,741 | -55.3% |
| Amounts payable after more than one year | 17 | €1,950 | €1,950 | = | 0.0% |
| Other amounts payable | 178/9 | €1,950 | €1,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,341 | €3,575 | -€7,766 | -68.5% |
| Taxes, remuneration and social security | 45 | €1,945 | €3,575 | +€1,630 | +83.8% |
| Taxes | 450/3 | €1,945 | €3,575 | +€1,630 | +83.8% |
| Other amounts payable | 47/48 | €9,396 | - | -€9,396 | |
| Accrued charges and deferred income | 492/3 | €700 | €725 | +€25 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,970 | €1,970 | = | 0.0% |
| Other operating charges | 640/8 | €2,217 | €2,287 | +€70 | +3.2% |
| Gross operating margin | 9900 | €11,061 | €27,013 | +€15,953 | +144% |
| Operating profit (loss) | 9901 | €6,873 | €22,756 | +€15,883 | +231% |
| Financial income | 75/76B | €374 | €7 | -€367 | -98.2% |
| Recurring financial income | 75 | €374 | €7 | -€367 | -98.2% |
| Financial charges | 65/66B | €600 | €175 | -€425 | -70.8% |
| Recurring financial charges | 65 | €600 | €175 | -€425 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €6,647 | €22,587 | +€15,941 | +240% |
| Income taxes | 67/77 | €2,017 | €5,875 | +€3,858 | +191% |
| Profit (loss) for the period | 9904 | €4,630 | €16,712 | +€12,083 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €4,630 | €16,712 | +€12,083 | +261% |
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 14 October 2026 via checked.be.