IMMO GRITTEN: 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.
What changed
IMMO GRITTEN
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,681
2024 · -€21,077+€28,758
Equity
€385,518
2024 · €377,837+€7,681
Cash
€6,430
2024 · €12,527-€6,096
Balance sheet total
€1.7m
2024 · €1.7m-€53,655
Largest movements
Assets
- Tangible fixed assets -€47,607
down €47,607 (-2.8%), from €1.7m to €1.6m
Equity and liabilities
- Debts after one year -€57,827
down €57,827 (-22.5%), from €257,506 to €199,679
Income statement
- Depreciation -€13,045
down €13,045 (-16.4%), from €79,309 to €66,264
- Gross operating margin +€5,585
up €5,585 (+4.9%), from €114,792 to €120,377
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.
Result 2024
-€21,077
Gross operating margin
+€5,585
Depreciation
+€13,045
Other operating charges
-€378
Other operating items
+€10,000
Financial charges
+€507
Result 2025
€7,681
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.
From operations
+€69,805
Investment
-€18,657
Financing
-€57,244
Cash 2024
€12,527
From operations (derived)
+€69,805
Net result for the year
+€7,681
Depreciation
+€66,264
Deferred charges and accrued income
-€49
Provisions
-€13,808
Other debts
+€10,000
Accrued charges and deferred income
-€283
Investment (derived)
-€18,657
Investment in fixed assets (net)
-€18,657
Financing
-€57,244
Debts after one year
-€57,827
Current portion of long-term debt
+€582
Cash 2025
€6,430
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,703,830 | €1,650,175 | -€53,655 | -3.1% |
| Fixed assets | 21/28 | €1,684,909 | €1,637,302 | -€47,607 | -2.8% |
| Tangible fixed assets | 22/27 | €1,684,909 | €1,637,302 | -€47,607 | -2.8% |
| Land and buildings | 22 | €1,684,909 | €1,637,302 | -€47,607 | -2.8% |
| Current assets | 29/58 | €18,921 | €12,873 | -€6,048 | -32.0% |
| Cash at bank and in hand | 54/58 | €12,527 | €6,430 | -€6,096 | -48.7% |
| Deferred charges and accrued income | 490/1 | €6,394 | €6,443 | +€49 | +0.8% |
| Total equity and liabilities | 10/49 | €1,703,830 | €1,650,175 | -€53,655 | -3.1% |
| Equity | 10/15 | €377,837 | €385,518 | +€7,681 | +2.0% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€322,163 | -€314,482 | +€7,681 | +2.4% |
| Provisions and deferred taxes | 16 | €286,461 | €272,654 | -€13,808 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €286,461 | €272,654 | -€13,808 | -4.8% |
| Other liabilities and charges | 164/5 | €286,461 | €272,654 | -€13,808 | -4.8% |
| Amounts payable | 17/49 | €1,039,532 | €992,004 | -€47,528 | -4.6% |
| Amounts payable after more than one year | 17 | €257,506 | €199,679 | -€57,827 | -22.5% |
| Financial debts | 170/4 | €257,506 | €199,679 | -€57,827 | -22.5% |
| Amounts payable within one year | 42/48 | €766,639 | €777,221 | +€10,582 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €57,244 | €57,827 | +€582 | +1.0% |
| Other amounts payable | 47/48 | €709,394 | €719,394 | +€10,000 | +1.4% |
| Accrued charges and deferred income | 492/3 | €15,387 | €15,104 | -€283 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,309 | €66,264 | -€13,045 | -16.4% |
| Other operating charges | 640/8 | €13,712 | €14,090 | +€378 | +2.8% |
| Non-recurring operating charges | 66A | €10,000 | - | -€10,000 | |
| Gross operating margin | 9900 | €114,792 | €120,377 | +€5,585 | +4.9% |
| Operating profit (loss) | 9901 | €11,771 | €40,022 | +€28,251 | +240.0% |
| Financial charges | 65/66B | €32,848 | €32,341 | -€507 | -1.5% |
| Recurring financial charges | 65 | €18,729 | €17,051 | -€1,678 | -9.0% |
| Non-recurring financial charges | 66B | €14,119 | €15,290 | +€1,171 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,077 | €7,681 | +€28,758 | |
| Profit (loss) for the period | 9904 | -€21,077 | €7,681 | +€28,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,077 | €7,681 | +€28,758 |
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 7 October 2026 via checked.be.