C.G.O.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.G.O.IMMO
Largest movements
- Tangible fixed assets -€29,585
down €29,585 (-2.3%), from €1.3m to €1.3m
- Receivables within one year -€29,204
down €29,204 (-97.1%), from €30,070 to €866
of which Other amounts receivable: -€27,704
- Deferred charges and accrued income -€28,000
no longer reported in 2026 (was €28,000)
- Debts after one year -€111,610
down €111,610 (-30.6%), from €365,000 to €253,390
- Current portion of long-term debt +€41,406
new in 2026: €41,406
- Profit (loss) carried forward -€19,394
down €19,394 (-3.8%), from -€510,066 to -€529,460
- Depreciation +€11,982
up €11,982 (+68.1%), from €17,603 to €29,585
- Financial charges +€8,017
up €8,017 (+25.8%), from €31,071 to €39,089
- Purchases and services +€6,095
up €6,095 (+393%), from €1,552 to €7,647
- Gross operating margin -€5,095
down €5,095 (-8.7%), from €58,448 to €53,353
- Turnover +€1,000
up €1,000 (+1.7%), from €60,000 to €61,000
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,350,360 | €1,260,677 | -€89,683 | -6.6% |
| Fixed assets | 21/28 | €1,284,805 | €1,255,220 | -€29,585 | -2.3% |
| Tangible fixed assets | 22/27 | €1,284,805 | €1,255,220 | -€29,585 | -2.3% |
| Land and buildings | 22 | €1,284,805 | €1,255,220 | -€29,585 | -2.3% |
| Current assets | 29/58 | €65,554 | €5,457 | -€60,098 | -91.7% |
| Amounts receivable within one year | 40/41 | €30,070 | €866 | -€29,204 | -97.1% |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €28,570 | €866 | -€27,704 | -97.0% |
| Cash at bank and in hand | 54/58 | €7,485 | €4,591 | -€2,894 | -38.7% |
| Deferred charges and accrued income | 490/1 | €28,000 | - | -€28,000 | |
| Total equity and liabilities | 10/49 | €1,350,360 | €1,260,677 | -€89,683 | -6.6% |
| Equity | 10/15 | €985,274 | €965,881 | -€19,394 | -2.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Revaluation surpluses | 12 | €1,420,972 | €1,420,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€510,066 | -€529,460 | -€19,394 | -3.8% |
| Amounts payable | 17/49 | €365,085 | €294,796 | -€70,289 | -19.3% |
| Amounts payable after more than one year | 17 | €365,000 | €253,390 | -€111,610 | -30.6% |
| Financial debts | 170/4 | €365,000 | €253,390 | -€111,610 | -30.6% |
| Amounts payable within one year | 42/48 | €85 | €41,406 | +€41,321 | +48,555% |
| Current portion of amounts payable after more than one year | 42 | - | €41,406 | +€41,406 | |
| Trade debts | 44 | €85 | - | -€85 | |
| Suppliers | 440/4 | €85 | - | -€85 | |
| Turnover | 70 | €60,000 | €61,000 | +€1,000 | +1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,552 | €7,647 | +€6,095 | +393% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,603 | €29,585 | +€11,982 | +68.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €3,683 | +€3,683 | |
| Gross operating margin | 9900 | €58,448 | €53,353 | -€5,095 | -8.7% |
| Operating profit (loss) | 9901 | €40,458 | €19,685 | -€20,773 | -51.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €31,071 | €39,089 | +€8,017 | +25.8% |
| Recurring financial charges | 65 | €31,071 | €39,089 | +€8,017 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €9,387 | -€19,394 | -€28,780 | |
| Profit (loss) for the period | 9904 | €9,387 | -€19,394 | -€28,780 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,387 | -€19,394 | -€28,780 |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.