CAULIER - 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.
CAULIER - IMMO
Largest movements
- Receivables within one year -€32,593
down €32,593 (-38.9%), from €83,693 to €51,100
of which Trade receivables: -€36,459
- Cash +€22,444
up €22,444 (+80.0%), from €28,071 to €50,515
mainly Advances received (+€86,239) and Receivables within one year (+€32,593)
- Current investments -€13,458
down €13,458 (-89.1%), from €15,100 to €1,642
- Deferred charges and accrued income -€4,043
down €4,043 (-65.8%), from €6,142 to €2,100
- Advances received +€86,239
new in 2025: €86,239
- Trade debts -€54,442
down €54,442 (-87.5%), from €62,213 to €7,771
- Reserves -€49,790
down €49,790 (-89.1%), from €55,856 to €6,066
of which Distributable reserves: -€49,790
- Debts after one year -€3,330
down €3,330 (-5.7%), from €58,093 to €54,763
of which Financial debts: -€3,330
- Staff costs +€31,603
up €31,603 (+35.4%), from €89,214 to €120,816
- Gross operating margin -€20,268
down €20,268 (-18.3%), from €110,528 to €90,260
- Other operating charges -€4,997
down €4,997 (-87.5%), from €5,712 to €715
- Depreciation +€1,977
up €1,977 (+14.3%), from €13,869 to €15,846
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 | €313,446 | €288,209 | -€25,237 | -8.1% |
| Fixed assets | 21/28 | €180,440 | €182,853 | +€2,413 | +1.3% |
| Tangible fixed assets | 22/27 | €153,523 | €155,936 | +€2,413 | +1.6% |
| Land and buildings | 22 | €85,819 | €82,456 | -€3,363 | -3.9% |
| Plant, machinery and equipment | 23 | €66,500 | €73,480 | +€6,980 | +10.5% |
| Furniture and vehicles | 24 | €1,204 | - | -€1,204 | |
| Financial fixed assets | 28 | €26,917 | €26,917 | = | 0.0% |
| Current assets | 29/58 | €133,006 | €105,356 | -€27,650 | -20.8% |
| Amounts receivable within one year | 40/41 | €83,693 | €51,100 | -€32,593 | -38.9% |
| Trade receivables | 40 | €68,513 | €32,055 | -€36,459 | -53.2% |
| Other amounts receivable | 41 | €15,179 | €19,045 | +€3,865 | +25.5% |
| Current investments | 50/53 | €15,100 | €1,642 | -€13,458 | -89.1% |
| Cash at bank and in hand | 54/58 | €28,071 | €50,515 | +€22,444 | +80.0% |
| Deferred charges and accrued income | 490/1 | €6,142 | €2,100 | -€4,043 | -65.8% |
| Total equity and liabilities | 10/49 | €313,446 | €288,209 | -€25,237 | -8.1% |
| Equity | 10/15 | €74,456 | €24,666 | -€49,790 | -66.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,856 | €6,066 | -€49,790 | -89.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,996 | €4,206 | -€49,790 | -92.2% |
| Amounts payable | 17/49 | €238,991 | €263,543 | +€24,552 | +10.3% |
| Amounts payable after more than one year | 17 | €58,093 | €54,763 | -€3,330 | -5.7% |
| Financial debts | 170/4 | €51,793 | €48,463 | -€3,330 | -6.4% |
| Other amounts payable | 178/9 | €6,300 | €6,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €180,829 | €207,694 | +€26,865 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €3,290 | €3,330 | +€40 | +1.2% |
| Trade debts | 44 | €62,213 | €7,771 | -€54,442 | -87.5% |
| Suppliers | 440/4 | €62,213 | €7,771 | -€54,442 | -87.5% |
| Advances received on contracts in progress | 46 | - | €86,239 | +€86,239 | |
| Taxes, remuneration and social security | 45 | €33,259 | €30,978 | -€2,281 | -6.9% |
| Taxes | 450/3 | €12,979 | €9,007 | -€3,972 | -30.6% |
| Remuneration and social security | 454/9 | €20,280 | €21,971 | +€1,691 | +8.3% |
| Other amounts payable | 47/48 | €82,068 | €79,376 | -€2,692 | -3.3% |
| Accrued charges and deferred income | 492/3 | €68 | €1,086 | +€1,017 | +1,492% |
| Remuneration, social security and pensions | 62 | €89,214 | €120,816 | +€31,603 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,869 | €15,846 | +€1,977 | +14.3% |
| Other operating charges | 640/8 | €5,712 | €715 | -€4,997 | -87.5% |
| Gross operating margin | 9900 | €110,528 | €90,260 | -€20,268 | -18.3% |
| Operating profit (loss) | 9901 | €1,733 | -€47,118 | -€48,851 | |
| Financial income | 75/76B | €1,060 | €77 | -€983 | -92.7% |
| Recurring financial income | 75 | €1,060 | €77 | -€983 | -92.7% |
| Financial charges | 65/66B | €3,061 | €2,726 | -€335 | -10.9% |
| Recurring financial charges | 65 | €3,061 | €2,726 | -€335 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€268 | -€49,766 | -€49,499 | -18,498% |
| Income taxes | 67/77 | €37 | €23 | -€14 | -38.0% |
| Profit (loss) for the period | 9904 | -€305 | -€49,790 | -€49,485 | -16,232% |
| Profit (loss) for the period to be appropriated | 9905 | -€305 | -€49,790 | -€49,485 | -16,232% |
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 18 October 2026 via checked.be.