CASHALLO 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.
CASHALLO IMMO
Largest movements
- Tangible fixed assets +€377,072
up €377,072 (+77.7%), from €484,997 to €862,069
of which Land and buildings: +€377,072
- Cash -€356,620
down €356,620 (-43.4%), from €821,795 to €465,175
mainly Investment in fixed assets (net) (-€427,945) and Receivables within one year (-€9,447)
- Reserves +€29,609
up €29,609 (+3.8%), from €780,034 to €809,642
of which Distributable reserves: +€42,732
- Financial income -€95,676
down €95,676 (-99.0%), from €96,628 to €953
of which Non-recurring financial income: -€96,531
- Write-downs -€21,895
no longer reported in 2025 (was €21,895)
- Other operating charges -€19,497
down €19,497 (-38.4%), from €50,765 to €31,269
- Depreciation +€13,307
up €13,307 (+35.4%), from €37,566 to €50,873
- Taxes +€10,744
new in 2025: €10,744
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 | €1,311,322 | €1,341,111 | +€29,789 | +2.3% |
| Fixed assets | 21/28 | €484,997 | €862,069 | +€377,072 | +77.7% |
| Tangible fixed assets | 22/27 | €484,997 | €862,069 | +€377,072 | +77.7% |
| Land and buildings | 22 | €475,577 | €852,649 | +€377,072 | +79.3% |
| Furniture and vehicles | 24 | €9,420 | €9,420 | = | 0.0% |
| Current assets | 29/58 | €826,325 | €479,042 | -€347,283 | -42.0% |
| Amounts receivable within one year | 40/41 | €2,389 | €11,836 | +€9,447 | +395% |
| Trade receivables | 40 | €2,044 | €11,490 | +€9,447 | +462% |
| Other amounts receivable | 41 | €345 | €345 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €821,795 | €465,175 | -€356,620 | -43.4% |
| Deferred charges and accrued income | 490/1 | €2,141 | €2,032 | -€109 | -5.1% |
| Total equity and liabilities | 10/49 | €1,311,322 | €1,341,111 | +€29,789 | +2.3% |
| Equity | 10/15 | €842,783 | €872,392 | +€29,609 | +3.5% |
| Contributions | 10/11 | €62,749 | €62,749 | = | 0.0% |
| Reserves | 13 | €780,034 | €809,642 | +€29,609 | +3.8% |
| Tax-exempt reserves | 132 | €283,346 | €270,222 | -€13,123 | -4.6% |
| Distributable reserves | 133 | €496,688 | €539,420 | +€42,732 | +8.6% |
| Provisions and deferred taxes | 16 | €94,449 | €90,074 | -€4,374 | -4.6% |
| Deferred taxes | 168 | €94,449 | €90,074 | -€4,374 | -4.6% |
| Amounts payable | 17/49 | €374,090 | €378,646 | +€4,555 | +1.2% |
| Amounts payable within one year | 42/48 | €374,090 | €378,646 | +€4,555 | +1.2% |
| Trade debts | 44 | €8,192 | €7,189 | -€1,003 | -12.2% |
| Suppliers | 440/4 | €8,192 | €7,189 | -€1,003 | -12.2% |
| Advances received on contracts in progress | 46 | €80 | - | -€80 | |
| Taxes, remuneration and social security | 45 | - | €11,292 | +€11,292 | |
| Taxes | 450/3 | - | €11,292 | +€11,292 | |
| Other amounts payable | 47/48 | €365,818 | €360,164 | -€5,654 | -1.5% |
| Non-recurring operating income | 76A | €3,791 | - | -€3,791 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,566 | €50,873 | +€13,307 | +35.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,895 | - | -€21,895 | |
| Other operating charges | 640/8 | €50,765 | €31,269 | -€19,497 | -38.4% |
| Non-recurring operating charges | 66A | €32,559 | €290 | -€32,269 | -99.1% |
| Gross operating margin | 9900 | €126,701 | €118,014 | -€8,687 | -6.9% |
| Operating profit (loss) | 9901 | -€16,085 | €35,582 | +€51,666 | |
| Financial income | 75/76B | €96,628 | €953 | -€95,676 | -99.0% |
| Recurring financial income | 75 | €98 | €953 | +€855 | +876% |
| Non-recurring financial income | 76B | €96,531 | - | -€96,531 | |
| Financial charges | 65/66B | €471 | €556 | +€85 | +18.1% |
| Recurring financial charges | 65 | €471 | €556 | +€85 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €80,072 | €35,978 | -€44,094 | -55.1% |
| Transfer from deferred taxes | 780 | €449 | €4,374 | +€3,926 | +875% |
| Transfer to deferred taxes | 680 | €24,133 | - | -€24,133 | |
| Income taxes | 67/77 | - | €10,744 | +€10,744 | |
| Profit (loss) for the period | 9904 | €56,388 | €29,609 | -€26,780 | -47.5% |
| Transfer from tax-exempt reserves | 789 | €1,346 | €13,123 | +€11,777 | +875% |
| Transfer to tax-exempt reserves | 689 | €72,398 | - | -€72,398 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,664 | €42,732 | +€57,396 |
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 27 October 2026 via checked.be.