C&V 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&V IMMO
Largest movements
- Cash -€7,644
down €7,644 (-46.5%), from €16,427 to €8,783
mainly Debts after one year (-€41,434) and Investment in fixed assets (net) (-€38,781)
- Debts after one year -€41,434
down €41,434 (-5.8%), from €710,315 to €668,881
- Other debts +€18,818
new in 2025: €18,818
- Gross operating margin +€62,666
up €62,666 (+547.3%), from €11,451 to €74,116
- Depreciation +€33,694
up €33,694 (+560.6%), from €6,010 to €39,704
- Financial charges +€19,580
up €19,580 (+482.4%), from €4,059 to €23,639
- Other operating charges +€2,015
up €2,015 (+268.3%), from €751 to €2,766
- Taxes +€1,476
up €1,476 (+1165.5%), from €127 to €1,603
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 | €762,697 | €755,331 | -€7,366 | -1.0% |
| Formation expenses | 20 | €1,045 | €822 | -€223 | -21.3% |
| Fixed assets | 21/28 | €743,805 | €743,105 | -€700 | -0.1% |
| Tangible fixed assets | 22/27 | €743,805 | €743,105 | -€700 | -0.1% |
| Land and buildings | 22 | €743,805 | €743,105 | -€700 | -0.1% |
| Current assets | 29/58 | €17,847 | €11,404 | -€6,442 | -36.1% |
| Amounts receivable within one year | 40/41 | €199 | - | -€199 | |
| Other amounts receivable | 41 | €199 | - | -€199 | |
| Cash at bank and in hand | 54/58 | €16,427 | €8,783 | -€7,644 | -46.5% |
| Deferred charges and accrued income | 490/1 | €1,221 | €2,621 | +€1,401 | +114.7% |
| Total equity and liabilities | 10/49 | €762,697 | €755,331 | -€7,366 | -1.0% |
| Equity | 10/15 | €4,507 | €10,917 | +€6,410 | +142.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €507 | €6,917 | +€6,410 | +1265.5% |
| Amounts payable | 17/49 | €758,190 | €744,414 | -€13,776 | -1.8% |
| Amounts payable after more than one year | 17 | €710,315 | €668,881 | -€41,434 | -5.8% |
| Financial debts | 170/4 | €710,315 | €668,881 | -€41,434 | -5.8% |
| Amounts payable within one year | 42/48 | €44,718 | €66,618 | +€21,900 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €43,408 | €44,827 | +€1,419 | +3.3% |
| Trade debts | 44 | €530 | €1,371 | +€841 | +158.7% |
| Suppliers | 440/4 | €530 | €1,371 | +€841 | +158.7% |
| Advances received on contracts in progress | 46 | €653 | - | -€653 | |
| Taxes, remuneration and social security | 45 | €127 | €1,603 | +€1,476 | +1165.5% |
| Taxes | 450/3 | €127 | €1,603 | +€1,476 | +1165.5% |
| Other amounts payable | 47/48 | - | €18,818 | +€18,818 | |
| Accrued charges and deferred income | 492/3 | €3,158 | €8,915 | +€5,758 | +182.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,010 | €39,704 | +€33,694 | +560.6% |
| Other operating charges | 640/8 | €751 | €2,766 | +€2,015 | +268.3% |
| Gross operating margin | 9900 | €11,451 | €74,116 | +€62,666 | +547.3% |
| Operating profit (loss) | 9901 | €4,690 | €31,646 | +€26,957 | +574.8% |
| Financial income | 75/76B | €2 | €5 | +€3 | +166.8% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +166.8% |
| Financial charges | 65/66B | €4,059 | €23,639 | +€19,580 | +482.4% |
| Recurring financial charges | 65 | €4,059 | €23,639 | +€19,580 | +482.4% |
| Profit (loss) for the period before taxes | 9903 | €633 | €8,013 | +€7,380 | +1165.5% |
| Income taxes | 67/77 | €127 | €1,603 | +€1,476 | +1165.5% |
| Profit (loss) for the period | 9904 | €507 | €6,410 | +€5,904 | +1165.5% |
| Profit (loss) for the period to be appropriated | 9905 | €507 | €6,410 | +€5,904 | +1165.5% |
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 10 October 2026 via checked.be.