IMMO GREGOIRE: 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 GREGOIRE
Largest movements
- Tangible fixed assets +€2.1m
up €2.1m (+39.1%), from €5.3m to €7.4m
- Receivables within one year -€932,228
down €932,228 (-84.3%), from €1.1m to €173,982
of which Other amounts receivable: -€959,010
- Debts after one year +€624,604
up €624,604 (+12.3%), from €5.1m to €5.7m
of which Financial debts: +€624,604
- Other debts +€425,562
up €425,562 (+39.1%), from €1.1m to €1.5m
- Other operating charges -€201,157
down €201,157 (-89.5%), from €224,765 to €23,608
- Depreciation +€105,052
up €105,052 (+80.9%), from €129,904 to €234,955
- Gross operating margin +€46,780
up €46,780 (+11.2%), from €418,429 to €465,208
- Staff costs -€31,595
down €31,595 (-50.6%), from €62,405 to €30,810
- Financial charges +€30,730
up €30,730 (+32.6%), from €94,342 to €125,072
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 | €6,455,389 | €7,631,591 | +€1.2m | +18.2% |
| Fixed assets | 21/28 | €5,288,510 | €7,354,303 | +€2.1m | +39.1% |
| Tangible fixed assets | 22/27 | €5,288,510 | €7,354,157 | +€2.1m | +39.1% |
| Land and buildings | 22 | €5,288,510 | €7,354,157 | +€2.1m | +39.1% |
| Financial fixed assets | 28 | - | €145 | +€145 | |
| Current assets | 29/58 | €1,166,879 | €277,288 | -€889,590 | -76.2% |
| Amounts receivable within one year | 40/41 | €1,106,210 | €173,982 | -€932,228 | -84.3% |
| Trade receivables | 40 | €15,909 | €42,690 | +€26,781 | +168.3% |
| Other amounts receivable | 41 | €1,090,301 | €131,292 | -€959,010 | -88.0% |
| Cash at bank and in hand | 54/58 | €57,375 | €82,935 | +€25,560 | +44.5% |
| Deferred charges and accrued income | 490/1 | €3,294 | €20,372 | +€17,078 | +518.5% |
| Total equity and liabilities | 10/49 | €6,455,389 | €7,631,591 | +€1.2m | +18.2% |
| Equity | 10/15 | €32 | €50,794 | +€50,762 | +160538.9% |
| Contributions | 10/11 | €87,050 | €87,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,018 | -€36,256 | +€50,762 | +58.3% |
| Amounts payable | 17/49 | €6,455,357 | €7,580,797 | +€1.1m | +17.4% |
| Amounts payable after more than one year | 17 | €5,070,573 | €5,695,176 | +€624,604 | +12.3% |
| Financial debts | 170/4 | €4,115,923 | €4,740,526 | +€624,604 | +15.2% |
| Other amounts payable | 178/9 | €954,650 | €954,650 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,384,785 | €1,885,621 | +€500,836 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €282,569 | €342,859 | +€60,291 | +21.3% |
| Trade debts | 44 | €10,127 | €24,299 | +€14,172 | +139.9% |
| Suppliers | 440/4 | €10,127 | €24,299 | +€14,172 | +139.9% |
| Advances received on contracts in progress | 46 | €2,400 | €2,400 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €380 | €1,190 | +€811 | +213.6% |
| Taxes | 450/3 | €48 | - | -€48 | |
| Remuneration and social security | 454/9 | €331 | €1,190 | +€859 | +259.5% |
| Other amounts payable | 47/48 | €1,089,309 | €1,514,872 | +€425,562 | +39.1% |
| Remuneration, social security and pensions | 62 | €62,405 | €30,810 | -€31,595 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,904 | €234,955 | +€105,052 | +80.9% |
| Other operating charges | 640/8 | €224,765 | €23,608 | -€201,157 | -89.5% |
| Gross operating margin | 9900 | €418,429 | €465,208 | +€46,780 | +11.2% |
| Operating profit (loss) | 9901 | €1,355 | €175,834 | +€174,479 | +12876.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +4.2% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +4.2% |
| Financial charges | 65/66B | €94,342 | €125,072 | +€30,730 | +32.6% |
| Recurring financial charges | 65 | €94,342 | €125,072 | +€30,730 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | -€92,987 | €50,762 | +€143,749 | |
| Profit (loss) for the period | 9904 | -€92,987 | €50,762 | +€143,749 | |
| Profit (loss) for the period to be appropriated | 9905 | -€92,987 | €50,762 | +€143,749 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.