CATIBUR- 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.
CATIBUR- IMMO
Largest movements
- Tangible fixed assets +€67,931
up €67,931 (+7.7%), from €884,025 to €951,956
of which Land and buildings: +€80,320
- Cash +€15,863
up €15,863 (+55.5%), from €28,598 to €44,461
mainly Depreciation (+€74,112) and Debts after one year (+€71,452)
- Debts after one year +€71,452
up €71,452 (+16.8%), from €424,883 to €496,334
- Current portion of long-term debt +€20,846
up €20,846 (+230.5%), from €9,045 to €29,891
- Financial charges +€9,144
up €9,144 (+78.5%), from €11,648 to €20,792
- Gross operating margin -€2,474
down €2,474 (-2.3%), from €108,731 to €106,257
- Depreciation -€1,387
down €1,387 (-1.8%), from €75,499 to €74,112
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 | €916,298 | €1,000,436 | +€84,138 | +9.2% |
| Fixed assets | 21/28 | €884,025 | €951,956 | +€67,931 | +7.7% |
| Tangible fixed assets | 22/27 | €884,025 | €951,956 | +€67,931 | +7.7% |
| Land and buildings | 22 | €846,305 | €926,624 | +€80,320 | +9.5% |
| Plant, machinery and equipment | 23 | €24,470 | €17,355 | -€7,115 | -29.1% |
| Furniture and vehicles | 24 | €13,250 | €7,977 | -€5,274 | -39.8% |
| Current assets | 29/58 | €32,273 | €48,480 | +€16,208 | +50.2% |
| Amounts receivable within one year | 40/41 | €96 | - | -€96 | |
| Trade receivables | 40 | €96 | - | -€96 | |
| Cash at bank and in hand | 54/58 | €28,598 | €44,461 | +€15,863 | +55.5% |
| Deferred charges and accrued income | 490/1 | €3,579 | €4,020 | +€441 | +12.3% |
| Total equity and liabilities | 10/49 | €916,298 | €1,000,436 | +€84,138 | +9.2% |
| Equity | 10/15 | €373,688 | €365,289 | -€8,399 | -2.2% |
| Contributions | 10/11 | €791,090 | €791,090 | = | 0.0% |
| Reserves | 13 | €10,035 | €10,035 | = | 0.0% |
| Distributable reserves | 133 | €10,035 | €10,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€427,437 | -€435,836 | -€8,399 | -2.0% |
| Amounts payable | 17/49 | €542,610 | €635,147 | +€92,537 | +17.1% |
| Amounts payable after more than one year | 17 | €424,883 | €496,334 | +€71,452 | +16.8% |
| Financial debts | 170/4 | €424,883 | €496,334 | +€71,452 | +16.8% |
| Amounts payable within one year | 42/48 | €116,777 | €136,982 | +€20,205 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €9,045 | €29,891 | +€20,846 | +230.5% |
| Trade debts | 44 | - | €674 | +€674 | |
| Suppliers | 440/4 | - | €674 | +€674 | |
| Taxes, remuneration and social security | 45 | €5,127 | €6,293 | +€1,166 | +22.7% |
| Taxes | 450/3 | €5,127 | €6,293 | +€1,166 | +22.7% |
| Other amounts payable | 47/48 | €102,605 | €100,124 | -€2,480 | -2.4% |
| Accrued charges and deferred income | 492/3 | €950 | €1,830 | +€880 | +92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,499 | €74,112 | -€1,387 | -1.8% |
| Other operating charges | 640/8 | €18,273 | €18,498 | +€225 | +1.2% |
| Gross operating margin | 9900 | €108,731 | €106,257 | -€2,474 | -2.3% |
| Operating profit (loss) | 9901 | €14,959 | €13,647 | -€1,312 | -8.8% |
| Financial charges | 65/66B | €11,648 | €20,792 | +€9,144 | +78.5% |
| Recurring financial charges | 65 | €11,648 | €20,792 | +€9,144 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | €3,311 | -€7,145 | -€10,456 | |
| Income taxes | 67/77 | €1,221 | €1,253 | +€32 | +2.6% |
| Profit (loss) for the period | 9904 | €2,090 | -€8,399 | -€10,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,090 | -€8,399 | -€10,489 |
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 9 October 2026 via checked.be.