Immo Greenbow: 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 Greenbow
Largest movements
- Receivables within one year +€250,329
up €250,329 (+3102.5%), from €8,069 to €258,397
- Cash -€215,891
down €215,891 (-59.0%), from €365,758 to €149,867
mainly Receivables within one year (-€250,329) and Receivables after one year (-€100,000)
- Receivables after one year +€100,000
up €100,000 (+66.7%), from €150,000 to €250,000
- Other debts +€72,654
up €72,654 (+97.7%), from €74,334 to €146,988
- Reserves +€54,491
up €54,491 (+11.9%), from €456,809 to €511,300
- Financial charges +€6,255
up €6,255 (+4304.7%), from €145 to €6,400
- Financial income +€5,804
new in 2025: €5,804
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 | €594,106 | €729,854 | +€135,748 | +22.8% |
| Fixed assets | 21/28 | €67,030 | €65,299 | -€1,731 | -2.6% |
| Tangible fixed assets | 22/27 | €67,030 | €65,299 | -€1,731 | -2.6% |
| Land and buildings | 22 | €67,030 | €65,299 | -€1,731 | -2.6% |
| Current assets | 29/58 | €527,076 | €664,555 | +€137,479 | +26.1% |
| Amounts receivable after more than one year | 29 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Other amounts receivable | 291 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €8,069 | €258,397 | +€250,329 | +3102.5% |
| Other amounts receivable | 41 | €8,069 | €258,397 | +€250,329 | +3102.5% |
| Cash at bank and in hand | 54/58 | €365,758 | €149,867 | -€215,891 | -59.0% |
| Deferred charges and accrued income | 490/1 | €3,250 | €6,291 | +€3,042 | +93.6% |
| Total equity and liabilities | 10/49 | €594,106 | €729,854 | +€135,748 | +22.8% |
| Equity | 10/15 | €518,809 | €573,300 | +€54,491 | +10.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €456,809 | €511,300 | +€54,491 | +11.9% |
| Distributable reserves | 133 | €456,809 | €511,300 | +€54,491 | +11.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,297 | €156,554 | +€81,257 | +107.9% |
| Amounts payable within one year | 42/48 | €75,297 | €150,304 | +€75,007 | +99.6% |
| Trade debts | 44 | €0 | €934 | +€934 | |
| Suppliers | 440/4 | €0 | €934 | +€934 | |
| Taxes, remuneration and social security | 45 | €963 | €2,382 | +€1,419 | +147.4% |
| Taxes | 450/3 | €963 | €2,382 | +€1,419 | +147.4% |
| Other amounts payable | 47/48 | €74,334 | €146,988 | +€72,654 | +97.7% |
| Accrued charges and deferred income | 492/3 | - | €6,250 | +€6,250 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,875 | €1,731 | -€144 | -7.7% |
| Other operating charges | 640/8 | €8,633 | €8,900 | +€267 | +3.1% |
| Gross operating margin | 9900 | €182,430 | €180,754 | -€1,675 | -0.9% |
| Operating profit (loss) | 9901 | €171,921 | €170,123 | -€1,798 | -1.0% |
| Financial income | 75/76B | - | €5,804 | +€5,804 | |
| Recurring financial income | 75 | - | €5,804 | +€5,804 | |
| Financial charges | 65/66B | €145 | €6,400 | +€6,255 | +4304.7% |
| Recurring financial charges | 65 | €145 | €6,400 | +€6,255 | +4304.7% |
| Profit (loss) for the period before taxes | 9903 | €171,776 | €169,527 | -€2,249 | -1.3% |
| Income taxes | 67/77 | €42,963 | €42,382 | -€581 | -1.4% |
| Profit (loss) for the period | 9904 | €128,813 | €127,145 | -€1,668 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €128,813 | €127,145 | -€1,668 | -1.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.