IMMOGROT: 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.
IMMOGROT
Largest movements
- Tangible fixed assets -€51,413
down €51,413 (-4.3%), from €1.2m to €1.1m
of which Land and buildings: -€34,609
- Cash +€27,290
up €27,290 (+39.6%), from €68,969 to €96,259
mainly Depreciation (+€51,413) and Accrued charges and deferred income (+€18,069)
- Profit (loss) carried forward -€36,167
down €36,167 (-4.7%), from -€772,946 to -€809,113
- Accrued charges and deferred income +€18,069
up €18,069 (+25.3%), from €71,534 to €89,603
- Gross operating margin -€7,621
down €7,621 (-18.8%), from €40,564 to €32,943
- Depreciation -€1,550
down €1,550 (-2.9%), from €52,963 to €51,413
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 | €1,320,488 | €1,296,426 | -€24,062 | -1.8% |
| Fixed assets | 21/28 | €1,189,641 | €1,138,228 | -€51,413 | -4.3% |
| Tangible fixed assets | 22/27 | €1,189,641 | €1,138,228 | -€51,413 | -4.3% |
| Land and buildings | 22 | €1,102,118 | €1,067,509 | -€34,609 | -3.1% |
| Plant, machinery and equipment | 23 | €79,281 | €68,574 | -€10,707 | -13.5% |
| Furniture and vehicles | 24 | €8,242 | €2,145 | -€6,097 | -74.0% |
| Current assets | 29/58 | €130,847 | €158,198 | +€27,351 | +20.9% |
| Stocks and contracts in progress | 3 | €60,162 | €60,162 | = | 0.0% |
| Stocks | 30/36 | €60,162 | €60,162 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,969 | €96,259 | +€27,290 | +39.6% |
| Deferred charges and accrued income | 490/1 | €1,716 | €1,777 | +€61 | +3.6% |
| Total equity and liabilities | 10/49 | €1,320,488 | €1,296,426 | -€24,062 | -1.8% |
| Equity | 10/15 | €715,491 | €676,153 | -€39,338 | -5.5% |
| Contributions | 10/11 | €1,433,000 | €1,433,000 | = | 0.0% |
| Reserves | 13 | €55,437 | €52,266 | -€3,171 | -5.7% |
| Tax-exempt reserves | 132 | €55,437 | €52,266 | -€3,171 | -5.7% |
| Profit (loss) carried forward | 14 | -€772,946 | -€809,113 | -€36,167 | -4.7% |
| Provisions and deferred taxes | 16 | €18,479 | €17,422 | -€1,057 | -5.7% |
| Deferred taxes | 168 | €18,479 | €17,422 | -€1,057 | -5.7% |
| Amounts payable | 17/49 | €586,518 | €602,851 | +€16,333 | +2.8% |
| Amounts payable after more than one year | 17 | €72,000 | €72,000 | = | 0.0% |
| Other amounts payable | 178/9 | €72,000 | €72,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €442,984 | €441,248 | -€1,736 | -0.4% |
| Financial debts | 43 | €435,000 | €435,000 | = | 0.0% |
| Other loans | 439 | €435,000 | €435,000 | = | 0.0% |
| Trade debts | 44 | €3,122 | €3,020 | -€102 | -3.3% |
| Suppliers | 440/4 | €3,122 | €3,020 | -€102 | -3.3% |
| Taxes, remuneration and social security | 45 | €1,316 | €1,412 | +€96 | +7.3% |
| Taxes | 450/3 | €1,316 | €1,412 | +€96 | +7.3% |
| Other amounts payable | 47/48 | €3,546 | €1,816 | -€1,730 | -48.8% |
| Accrued charges and deferred income | 492/3 | €71,534 | €89,603 | +€18,069 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,963 | €51,413 | -€1,550 | -2.9% |
| Other operating charges | 640/8 | €2,553 | €2,689 | +€136 | +5.3% |
| Non-recurring operating charges | 66A | €11,789 | - | -€11,789 | |
| Gross operating margin | 9900 | €40,564 | €32,943 | -€7,621 | -18.8% |
| Operating profit (loss) | 9901 | -€26,741 | -€21,159 | +€5,582 | +20.9% |
| Financial income | 75/76B | €191 | €1 | -€190 | -99.5% |
| Recurring financial income | 75 | €191 | €1 | -€190 | -99.5% |
| Financial charges | 65/66B | €18,199 | €18,199 | = | 0.0% |
| Recurring financial charges | 65 | €18,199 | €18,199 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,749 | -€39,357 | +€5,392 | +12.0% |
| Transfer from deferred taxes | 780 | €1,057 | €1,057 | = | 0.0% |
| Income taxes | 67/77 | €861 | €1,038 | +€177 | +20.6% |
| Profit (loss) for the period | 9904 | -€44,553 | -€39,338 | +€5,215 | +11.7% |
| Transfer from tax-exempt reserves | 789 | €3,171 | €3,171 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,382 | -€36,167 | +€5,215 | +12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.