LABEL IMMO GEST-LOC: 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.
LABEL IMMO GEST-LOC
Largest movements
- Tangible fixed assets -€18,598
down €18,598 (-10.3%), from €180,823 to €162,226
of which Land and buildings: -€17,821
- Cash +€6,777
up €6,777 (+51.1%), from €13,266 to €20,043
mainly Depreciation (+€18,598) and Net result for the year (+€8,717)
- Receivables within one year -€2,638
down €2,638 (-8.9%), from €29,755 to €27,117
of which Other amounts receivable: -€2,784
- Debts after one year -€23,785
down €23,785 (-17.6%), from €135,051 to €111,266
- Profit (loss) carried forward +€8,717
up €8,717 (+53.7%), from €16,233 to €24,949
- Gross operating margin +€18,203
up €18,203 (+107%), from €16,979 to €35,182
- Financial charges -€1,005
down €1,005 (-11.9%), from €8,423 to €7,418
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 | €223,899 | €209,441 | -€14,458 | -6.5% |
| Fixed assets | 21/28 | €180,823 | €162,226 | -€18,598 | -10.3% |
| Tangible fixed assets | 22/27 | €180,823 | €162,226 | -€18,598 | -10.3% |
| Land and buildings | 22 | €180,047 | €162,226 | -€17,821 | -9.9% |
| Furniture and vehicles | 24 | €777 | - | -€777 | |
| Current assets | 29/58 | €43,076 | €47,216 | +€4,140 | +9.6% |
| Amounts receivable within one year | 40/41 | €29,755 | €27,117 | -€2,638 | -8.9% |
| Trade receivables | 40 | €829 | €976 | +€147 | +17.7% |
| Other amounts receivable | 41 | €28,926 | €26,142 | -€2,784 | -9.6% |
| Cash at bank and in hand | 54/58 | €13,266 | €20,043 | +€6,777 | +51.1% |
| Deferred charges and accrued income | 490/1 | €55 | €55 | +€1 | +1.1% |
| Total equity and liabilities | 10/49 | €223,899 | €209,441 | -€14,458 | -6.5% |
| Equity | 10/15 | €64,333 | €73,049 | +€8,717 | +13.5% |
| Contributions | 10/11 | €34,100 | €34,100 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,233 | €24,949 | +€8,717 | +53.7% |
| Amounts payable | 17/49 | €159,567 | €136,392 | -€23,175 | -14.5% |
| Amounts payable after more than one year | 17 | €135,051 | €111,266 | -€23,785 | -17.6% |
| Financial debts | 170/4 | €135,051 | €111,266 | -€23,785 | -17.6% |
| Amounts payable within one year | 42/48 | €24,516 | €25,126 | +€610 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €22,736 | €23,785 | +€1,049 | +4.6% |
| Trade debts | 44 | €1,781 | €1,341 | -€439 | -24.7% |
| Suppliers | 440/4 | €1,781 | €1,341 | -€439 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,598 | €18,598 | +€0 | 0.0% |
| Other operating charges | 640/8 | €381 | €450 | +€69 | +18.2% |
| Gross operating margin | 9900 | €16,979 | €35,182 | +€18,203 | +107% |
| Operating profit (loss) | 9901 | -€1,999 | €16,135 | +€18,134 | |
| Financial charges | 65/66B | €8,423 | €7,418 | -€1,005 | -11.9% |
| Recurring financial charges | 65 | €8,423 | €7,418 | -€1,005 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,423 | €8,717 | +€19,139 | |
| Profit (loss) for the period | 9904 | -€10,423 | €8,717 | +€19,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,423 | €8,717 | +€19,139 |
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 17 October 2026 via checked.be.