C-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-IMMO
Largest movements
- Tangible fixed assets -€161,875
down €161,875 (-5.0%), from €3.2m to €3.1m
- Cash -€40,171
down €40,171 (-43.6%), from €92,039 to €51,868
mainly Debts after one year (-€222,792) and Trade debts (-€41,461)
- Debts after one year -€222,792
down €222,792 (-6.5%), from €3.4m to €3.2m
of which Financial debts: -€222,792
- Profit (loss) carried forward +€46,171
up €46,171 (+11.5%), from -€400,220 to -€354,049
- Trade debts -€41,461
down €41,461 (-99.9%), from €41,494 to €32
of which Suppliers: -€38,549
- Gross operating margin -€89,362
down €89,362 (-18.9%), from €472,268 to €382,907
- Financial charges -€8,168
down €8,168 (-5.6%), from €147,150 to €138,982
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 | €3,356,473 | €3,146,274 | -€210,198 | -6.3% |
| Fixed assets | 21/28 | €3,220,618 | €3,058,742 | -€161,875 | -5.0% |
| Tangible fixed assets | 22/27 | €3,220,618 | €3,058,742 | -€161,875 | -5.0% |
| Land and buildings | 22 | €3,220,618 | €3,058,742 | -€161,875 | -5.0% |
| Current assets | 29/58 | €135,855 | €87,532 | -€48,323 | -35.6% |
| Amounts receivable within one year | 40/41 | €43,816 | €35,664 | -€8,152 | -18.6% |
| Trade receivables | 40 | €34,340 | €32,961 | -€1,379 | -4.0% |
| Other amounts receivable | 41 | €9,476 | €2,704 | -€6,772 | -71.5% |
| Cash at bank and in hand | 54/58 | €92,039 | €51,868 | -€40,171 | -43.6% |
| Total equity and liabilities | 10/49 | €3,356,473 | €3,146,274 | -€210,198 | -6.3% |
| Equity | 10/15 | -€381,620 | -€335,449 | +€46,171 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€400,220 | -€354,049 | +€46,171 | +11.5% |
| Amounts payable | 17/49 | €3,738,093 | €3,481,724 | -€256,369 | -6.9% |
| Amounts payable after more than one year | 17 | €3,439,260 | €3,216,468 | -€222,792 | -6.5% |
| Financial debts | 170/4 | €3,430,260 | €3,207,468 | -€222,792 | -6.5% |
| Other amounts payable | 178/9 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €267,022 | €230,997 | -€36,026 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €214,276 | €222,792 | +€8,516 | +4.0% |
| Trade debts | 44 | €41,494 | €32 | -€41,461 | -99.9% |
| Suppliers | 440/4 | €38,571 | €22 | -€38,549 | -99.9% |
| Bills of exchange payable | 441 | €2,923 | €10 | -€2,913 | -99.6% |
| Taxes, remuneration and social security | 45 | €11,253 | €8,173 | -€3,080 | -27.4% |
| Taxes | 450/3 | €11,253 | €8,173 | -€3,080 | -27.4% |
| Accrued charges and deferred income | 492/3 | €31,811 | €34,259 | +€2,448 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,587 | €161,875 | +€3,288 | +2.1% |
| Other operating charges | 640/8 | €38,026 | €35,878 | -€2,148 | -5.6% |
| Gross operating margin | 9900 | €472,268 | €382,907 | -€89,362 | -18.9% |
| Operating profit (loss) | 9901 | €275,656 | €185,153 | -€90,502 | -32.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €147,150 | €138,982 | -€8,168 | -5.6% |
| Recurring financial charges | 65 | €147,150 | €138,982 | -€8,168 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €128,506 | €46,171 | -€82,335 | -64.1% |
| Profit (loss) for the period | 9904 | €128,506 | €46,171 | -€82,335 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €128,506 | €46,171 | -€82,335 | -64.1% |
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 12 October 2026 via checked.be.