Immobilière Go Construct: 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.
Immobilière Go Construct
Largest movements
- Tangible fixed assets +€44,122
up €44,122 (+12.6%), from €348,802 to €392,924
of which Other tangible fixed assets: +€27,888
- Receivables within one year -€8,927
down €8,927 (-93.3%), from €9,572 to €645
- Other debts +€76,662
up €76,662 (+37.5%), from €204,590 to €281,252
- Profit (loss) carried forward -€20,222
down €20,222 (-18.9%), from -€107,074 to -€127,296
- Debts after one year -€13,583
down €13,583 (-5.7%), from €238,220 to €224,637
- Trade debts -€5,397
down €5,397 (-99.7%), from €5,412 to €15
- Gross operating margin +€15,769
up €15,769, from -€8,324 to €7,445
- Depreciation +€6,201
up €6,201 (+37.1%), from €16,702 to €22,903
- Financial charges -€166
down €166 (-5.1%), from €3,259 to €3,093
- Financial income -€87
down €87 (-100.0%), from €87 to €0
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 | €359,611 | €397,191 | +€37,580 | +10.5% |
| Fixed assets | 21/28 | €348,802 | €392,924 | +€44,122 | +12.6% |
| Tangible fixed assets | 22/27 | €348,802 | €392,924 | +€44,122 | +12.6% |
| Land and buildings | 22 | €207,700 | €201,704 | -€5,996 | -2.9% |
| Plant, machinery and equipment | 23 | €11,925 | €34,335 | +€22,410 | +188% |
| Furniture and vehicles | 24 | €179 | - | -€179 | |
| Other tangible fixed assets | 26 | €128,998 | €156,886 | +€27,888 | +21.6% |
| Current assets | 29/58 | €10,809 | €4,267 | -€6,542 | -60.5% |
| Amounts receivable within one year | 40/41 | €9,572 | €645 | -€8,927 | -93.3% |
| Trade receivables | 40 | €9,572 | €645 | -€8,927 | -93.3% |
| Cash at bank and in hand | 54/58 | €477 | €2,083 | +€1,606 | +337% |
| Deferred charges and accrued income | 490/1 | €759 | €1,539 | +€780 | +103% |
| Total equity and liabilities | 10/49 | €359,611 | €397,191 | +€37,580 | +10.5% |
| Equity | 10/15 | -€102,074 | -€122,296 | -€20,222 | -19.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,074 | -€127,296 | -€20,222 | -18.9% |
| Amounts payable | 17/49 | €461,685 | €519,487 | +€57,802 | +12.5% |
| Amounts payable after more than one year | 17 | €238,220 | €224,637 | -€13,583 | -5.7% |
| Financial debts | 170/4 | €238,220 | €224,637 | -€13,583 | -5.7% |
| Amounts payable within one year | 42/48 | €223,422 | €294,850 | +€71,428 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €13,420 | €13,583 | +€163 | +1.2% |
| Trade debts | 44 | €5,412 | €15 | -€5,397 | -99.7% |
| Suppliers | 440/4 | €5,412 | €15 | -€5,397 | -99.7% |
| Other amounts payable | 47/48 | €204,590 | €281,252 | +€76,662 | +37.5% |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,702 | €22,903 | +€6,201 | +37.1% |
| Other operating charges | 640/8 | €1,620 | €1,671 | +€51 | +3.2% |
| Gross operating margin | 9900 | -€8,324 | €7,445 | +€15,769 | |
| Operating profit (loss) | 9901 | -€26,646 | -€17,129 | +€9,517 | +35.7% |
| Financial income | 75/76B | €87 | €0 | -€87 | -100.0% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -100.0% |
| Financial charges | 65/66B | €3,259 | €3,093 | -€166 | -5.1% |
| Recurring financial charges | 65 | €3,259 | €3,093 | -€166 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,817 | -€20,222 | +€9,596 | +32.2% |
| Profit (loss) for the period | 9904 | -€29,817 | -€20,222 | +€9,596 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,817 | -€20,222 | +€9,596 | +32.2% |
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 23 October 2026 via checked.be.