JG IMMO: 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.
JG IMMO
Largest movements
- Receivables within one year +€13,482
up €13,482 (+22.8%), from €59,053 to €72,535
of which Other amounts receivable: +€10,230
- Cash -€12,766
down €12,766 (-90.6%), from €14,090 to €1,325
mainly Receivables within one year (-€13,482) and Tax, wage and social debts (-€8,063)
- Tax, wage and social debts -€8,063
down €8,063 (-49.9%), from €16,162 to €8,099
- Reserves +€8,000
up €8,000 (+14.5%), from €55,000 to €63,000
- Other debts -€859
no longer reported in 2025 (was €859)
- Gross operating margin -€19,794
down €19,794 (-57.2%), from €34,620 to €14,826
- Taxes -€3,527
down €3,527 (-53.0%), from €6,656 to €3,129
- Other operating charges +€813
up €813 (+157.8%), from €515 to €1,328
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 | €74,733 | €74,600 | -€133 | -0.2% |
| Fixed assets | 21/28 | €1,245 | €740 | -€504 | -40.5% |
| Tangible fixed assets | 22/27 | €1,245 | €740 | -€504 | -40.5% |
| Plant, machinery and equipment | 23 | €1,008 | €691 | -€317 | -31.5% |
| Furniture and vehicles | 24 | €237 | €50 | -€187 | -79.0% |
| Current assets | 29/58 | €73,488 | €73,860 | +€371 | +0.5% |
| Amounts receivable within one year | 40/41 | €59,053 | €72,535 | +€13,482 | +22.8% |
| Trade receivables | 40 | €23,066 | €26,318 | +€3,252 | +14.1% |
| Other amounts receivable | 41 | €35,987 | €46,217 | +€10,230 | +28.4% |
| Cash at bank and in hand | 54/58 | €14,090 | €1,325 | -€12,766 | -90.6% |
| Deferred charges and accrued income | 490/1 | €345 | - | -€345 | |
| Total equity and liabilities | 10/49 | €74,733 | €74,600 | -€133 | -0.2% |
| Equity | 10/15 | €57,059 | €65,523 | +€8,464 | +14.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,000 | €63,000 | +€8,000 | +14.5% |
| Distributable reserves | 133 | €55,000 | €63,000 | +€8,000 | +14.5% |
| Profit (loss) carried forward | 14 | €559 | €1,023 | +€464 | +83.0% |
| Amounts payable | 17/49 | €17,674 | €9,077 | -€8,597 | -48.6% |
| Amounts payable within one year | 42/48 | €17,674 | €9,077 | -€8,597 | -48.6% |
| Trade debts | 44 | €653 | €979 | +€325 | +49.8% |
| Suppliers | 440/4 | €653 | €979 | +€325 | +49.8% |
| Taxes, remuneration and social security | 45 | €16,162 | €8,099 | -€8,063 | -49.9% |
| Taxes | 450/3 | €16,162 | €8,099 | -€8,063 | -49.9% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €504 | = | 0.0% |
| Other operating charges | 640/8 | €515 | €1,328 | +€813 | +157.8% |
| Gross operating margin | 9900 | €34,620 | €14,826 | -€19,794 | -57.2% |
| Operating profit (loss) | 9901 | €33,601 | €12,994 | -€20,607 | -61.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,640 | €1,401 | -€239 | -14.6% |
| Recurring financial charges | 65 | €1,640 | €1,401 | -€239 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €31,961 | €11,593 | -€20,368 | -63.7% |
| Income taxes | 67/77 | €6,656 | €3,129 | -€3,527 | -53.0% |
| Profit (loss) for the period | 9904 | €25,305 | €8,464 | -€16,841 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,305 | €8,464 | -€16,841 | -66.6% |
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 6 October 2026 via checked.be.