C-B IMMO: 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.
C-B IMMO
Largest movements
- Cash -€46,858
down €46,858 (-98.3%), from €47,654 to €797
mainly Contributions, distributions and other (-€60,000) and Debts after one year (-€27,748)
- Receivables within one year -€37,859
down €37,859 (-22.0%), from €171,748 to €133,889
of which Other amounts receivable: -€38,339
- Tangible fixed assets -€20,258
down €20,258 (-3.2%), from €635,894 to €615,637
of which Land and buildings: -€15,929
- Reserves -€49,955
down €49,955 (-12.2%), from €407,816 to €357,861
of which Distributable reserves: -€39,706
- Debts after one year -€27,748
down €27,748 (-8.2%), from €337,648 to €309,899
- Tax, wage and social debts -€24,704
down €24,704 (-82.4%), from €29,979 to €5,274
- Gross operating margin -€50,382
down €50,382 (-55.4%), from €90,950 to €40,568
- Depreciation -€4,741
down €4,741 (-19.0%), from €24,999 to €20,258
- Financial charges -€1,597
down €1,597 (-14.6%), from €10,924 to €9,326
- Taxes +€1,305
up €1,305 (+14.4%), from €9,040 to €10,345
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 | €865,437 | €760,638 | -€104,799 | -12.1% |
| Fixed assets | 21/28 | €635,944 | €615,686 | -€20,258 | -3.2% |
| Tangible fixed assets | 22/27 | €635,894 | €615,637 | -€20,258 | -3.2% |
| Land and buildings | 22 | €631,391 | €615,462 | -€15,929 | -2.5% |
| Furniture and vehicles | 24 | €3,957 | - | -€3,957 | |
| Other tangible fixed assets | 26 | €546 | €175 | -€371 | -68.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €229,493 | €144,952 | -€84,541 | -36.8% |
| Amounts receivable within one year | 40/41 | €171,748 | €133,889 | -€37,859 | -22.0% |
| Trade receivables | 40 | - | €480 | +€480 | |
| Other amounts receivable | 41 | €171,748 | €133,409 | -€38,339 | -22.3% |
| Cash at bank and in hand | 54/58 | €47,654 | €797 | -€46,858 | -98.3% |
| Deferred charges and accrued income | 490/1 | €10,091 | €10,266 | +€175 | +1.7% |
| Total equity and liabilities | 10/49 | €865,437 | €760,638 | -€104,799 | -12.1% |
| Equity | 10/15 | €392,119 | €342,164 | -€49,955 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407,816 | €357,861 | -€49,955 | -12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €228,014 | €217,765 | -€10,249 | -4.5% |
| Distributable reserves | 133 | €177,942 | €138,236 | -€39,706 | -22.3% |
| Profit (loss) carried forward | 14 | -€34,297 | -€34,297 | = | 0.0% |
| Provisions and deferred taxes | 16 | €76,004 | €72,588 | -€3,416 | -4.5% |
| Deferred taxes | 168 | €76,004 | €72,588 | -€3,416 | -4.5% |
| Amounts payable | 17/49 | €397,314 | €345,886 | -€51,428 | -12.9% |
| Amounts payable after more than one year | 17 | €337,648 | €309,899 | -€27,748 | -8.2% |
| Financial debts | 170/4 | €337,648 | €309,899 | -€27,748 | -8.2% |
| Amounts payable within one year | 42/48 | €57,040 | €33,362 | -€23,678 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €27,061 | €27,748 | +€687 | +2.5% |
| Trade debts | 44 | - | €339 | +€339 | |
| Suppliers | 440/4 | - | €339 | +€339 | |
| Taxes, remuneration and social security | 45 | €29,979 | €5,274 | -€24,704 | -82.4% |
| Taxes | 450/3 | €29,979 | €5,274 | -€24,704 | -82.4% |
| Accrued charges and deferred income | 492/3 | €2,626 | €2,624 | -€2 | -0.1% |
| Non-recurring operating income | 76A | €49,099 | - | -€49,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,999 | €20,258 | -€4,741 | -19.0% |
| Other operating charges | 640/8 | €1,424 | €2,319 | +€895 | +62.9% |
| Gross operating margin | 9900 | €90,950 | €40,568 | -€50,382 | -55.4% |
| Operating profit (loss) | 9901 | €64,527 | €17,991 | -€46,536 | -72.1% |
| Financial income | 75/76B | €8,812 | €8,310 | -€503 | -5.7% |
| Recurring financial income | 75 | €8,812 | €8,310 | -€503 | -5.7% |
| Financial charges | 65/66B | €10,924 | €9,326 | -€1,597 | -14.6% |
| Recurring financial charges | 65 | €10,924 | €9,326 | -€1,597 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €62,415 | €16,974 | -€45,441 | -72.8% |
| Transfer from deferred taxes | 780 | €3,416 | €3,416 | = | 0.0% |
| Transfer to deferred taxes | 680 | €12,275 | - | -€12,275 | |
| Income taxes | 67/77 | €9,040 | €10,345 | +€1,305 | +14.4% |
| Profit (loss) for the period | 9904 | €44,517 | €10,045 | -€34,472 | -77.4% |
| Transfer from tax-exempt reserves | 789 | €10,249 | €10,249 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €36,824 | - | -€36,824 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,942 | €20,294 | +€2,353 | +13.1% |
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 9 October 2026 via checked.be.