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 -€27,092
down €27,092 (-9.8%), from €276,980 to €249,888
- Current portion of long-term debt -€47,496
no longer reported in 2025 (was €47,496)
- Profit (loss) carried forward +€24,772
up €24,772 (+17.0%), from €146,098 to €170,870
- Gross operating margin -€22,068
down €22,068 (-26.8%), from €82,344 to €60,276
- Other operating charges -€12,041
down €12,041 (-58.0%), from €20,761 to €8,720
- Taxes +€3,400
new in 2025: €3,400
- Financial charges -€3,324
down €3,324 (-72.9%), from €4,562 to €1,238
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 | €757,570 | €729,108 | -€28,462 | -3.8% |
| Fixed assets | 21/28 | €276,980 | €249,888 | -€27,092 | -9.8% |
| Tangible fixed assets | 22/27 | €276,980 | €249,888 | -€27,092 | -9.8% |
| Land and buildings | 22 | €276,980 | €249,888 | -€27,092 | -9.8% |
| Current assets | 29/58 | €480,590 | €479,220 | -€1,370 | -0.3% |
| Amounts receivable within one year | 40/41 | €460,029 | €454,497 | -€5,532 | -1.2% |
| Other amounts receivable | 41 | €460,029 | €454,497 | -€5,532 | -1.2% |
| Cash at bank and in hand | 54/58 | €20,561 | €24,723 | +€4,162 | +20.2% |
| Total equity and liabilities | 10/49 | €757,570 | €729,108 | -€28,462 | -3.8% |
| Equity | 10/15 | €177,964 | €197,791 | +€19,827 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,098 | €170,870 | +€24,772 | +17.0% |
| Investment grants | 15 | €11,406 | €6,461 | -€4,945 | -43.4% |
| Amounts payable | 17/49 | €579,606 | €531,317 | -€48,289 | -8.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €579,606 | €531,317 | -€48,289 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €47,496 | - | -€47,496 | |
| Trade debts | 44 | €1,156 | - | -€1,156 | |
| Suppliers | 440/4 | €1,156 | - | -€1,156 | |
| Taxes, remuneration and social security | 45 | - | €3,400 | +€3,400 | |
| Taxes | 450/3 | - | €3,400 | +€3,400 | |
| Other amounts payable | 47/48 | €530,954 | €527,917 | -€3,037 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,092 | €27,092 | = | 0.0% |
| Other operating charges | 640/8 | €20,761 | €8,720 | -€12,041 | -58.0% |
| Gross operating margin | 9900 | €82,344 | €60,276 | -€22,068 | -26.8% |
| Operating profit (loss) | 9901 | €34,491 | €24,464 | -€10,027 | -29.1% |
| Financial income | 75/76B | €4,946 | €4,946 | = | 0.0% |
| Recurring financial income | 75 | €4,946 | €4,946 | = | 0.0% |
| Financial charges | 65/66B | €4,562 | €1,238 | -€3,324 | -72.9% |
| Recurring financial charges | 65 | €4,562 | €1,238 | -€3,324 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €34,875 | €28,172 | -€6,703 | -19.2% |
| Income taxes | 67/77 | - | €3,400 | +€3,400 | |
| Profit (loss) for the period | 9904 | €34,875 | €24,772 | -€10,103 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,875 | €24,772 | -€10,103 | -29.0% |
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 16 October 2026 via checked.be.