IMMOGANP: 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.
IMMOGANP
Largest movements
- Cash +€39,225
up €39,225 (+26.6%), from €147,639 to €186,865
mainly Net result for the year (+€31,072) and Depreciation (+€16,954)
- Tangible fixed assets -€16,954
down €16,954 (-16.2%), from €104,632 to €87,678
- Profit (loss) carried forward +€31,072
up €31,072 (+27.9%), from €111,456 to €142,528
- Accrued charges and deferred income -€4,668
down €4,668 (-71.0%), from €6,571 to €1,903
- Gross operating margin +€2,339
up €2,339 (+4.1%), from €56,949 to €59,288
- Taxes -€634
down €634 (-6.6%), from €9,565 to €8,931
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 | €253,001 | €276,925 | +€23,924 | +9.5% |
| Fixed assets | 21/28 | €104,632 | €87,678 | -€16,954 | -16.2% |
| Tangible fixed assets | 22/27 | €104,632 | €87,678 | -€16,954 | -16.2% |
| Land and buildings | 22 | €104,632 | €87,678 | -€16,954 | -16.2% |
| Current assets | 29/58 | €148,369 | €189,247 | +€40,878 | +27.6% |
| Amounts receivable within one year | 40/41 | €435 | €2,085 | +€1,651 | +379.9% |
| Trade receivables | 40 | - | €1,030 | +€1,030 | |
| Other amounts receivable | 41 | €435 | €1,055 | +€621 | +142.9% |
| Cash at bank and in hand | 54/58 | €147,639 | €186,865 | +€39,225 | +26.6% |
| Deferred charges and accrued income | 490/1 | €295 | €297 | +€2 | +0.8% |
| Total equity and liabilities | 10/49 | €253,001 | €276,925 | +€23,924 | +9.5% |
| Equity | 10/15 | €234,429 | €263,022 | +€28,593 | +12.2% |
| Contributions | 10/11 | €113,206 | €113,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,456 | €142,528 | +€31,072 | +27.9% |
| Investment grants | 15 | €9,767 | €7,288 | -€2,479 | -25.4% |
| Amounts payable | 17/49 | €18,571 | €13,903 | -€4,668 | -25.1% |
| Amounts payable after more than one year | 17 | €12,000 | €12,000 | = | 0.0% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,571 | €1,903 | -€4,668 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,954 | €16,954 | = | 0.0% |
| Other operating charges | 640/8 | €6,296 | €6,494 | +€198 | +3.1% |
| Gross operating margin | 9900 | €56,949 | €59,288 | +€2,339 | +4.1% |
| Operating profit (loss) | 9901 | €33,699 | €35,840 | +€2,141 | +6.4% |
| Financial income | 75/76B | €4,177 | €4,418 | +€241 | +5.8% |
| Recurring financial income | 75 | €4,177 | €4,418 | +€241 | +5.8% |
| Financial charges | 65/66B | €277 | €255 | -€22 | -7.8% |
| Recurring financial charges | 65 | €277 | €255 | -€22 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €37,599 | €40,003 | +€2,404 | +6.4% |
| Income taxes | 67/77 | €9,565 | €8,931 | -€634 | -6.6% |
| Profit (loss) for the period | 9904 | €28,034 | €31,072 | +€3,038 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,034 | €31,072 | +€3,038 | +10.8% |
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 12 October 2026 via checked.be.