CAWET IMMO: what changed
Two fiscal 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.
CAWET IMMO
Largest movements
- Tangible fixed assets -€11,384
down €11,384 (-4.7%), from €244,157 to €232,773
- Debts after one year -€20,055
down €20,055 (-12.1%), from €166,196 to €146,141
of which Financial debts: -€20,055
- Profit (loss) carried forward +€7,698
up €7,698 (+14.7%), from €52,479 to €60,177
- Gross operating margin +€1,143
up €1,143 (+4.1%), from €27,768 to €28,911
- Financial charges -€611
down €611 (-8.2%), from €7,408 to €6,797
- Taxes +€297
up €297 (+13.1%), from €2,269 to €2,566
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 | €257,517 | €248,157 | -€9,360 | -3.6% |
| Fixed assets | 21/28 | €244,157 | €232,773 | -€11,384 | -4.7% |
| Tangible fixed assets | 22/27 | €244,157 | €232,773 | -€11,384 | -4.7% |
| Land and buildings | 22 | €244,157 | €232,773 | -€11,384 | -4.7% |
| Current assets | 29/58 | €13,360 | €15,384 | +€2,024 | +15.1% |
| Amounts receivable within one year | 40/41 | €11,469 | €13,283 | +€1,814 | +15.8% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €11,469 | €12,884 | +€1,414 | +12.3% |
| Cash at bank and in hand | 54/58 | €1,890 | €2,100 | +€210 | +11.1% |
| Total equity and liabilities | 10/49 | €257,517 | €248,157 | -€9,360 | -3.6% |
| Equity | 10/15 | €59,884 | €67,583 | +€7,698 | +12.9% |
| Contributions | 10/11 | €7,406 | €7,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,479 | €60,177 | +€7,698 | +14.7% |
| Amounts payable | 17/49 | €197,632 | €180,574 | -€17,058 | -8.6% |
| Amounts payable after more than one year | 17 | €166,196 | €146,141 | -€20,055 | -12.1% |
| Financial debts | 170/4 | €136,196 | €116,141 | -€20,055 | -14.7% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,271 | €24,945 | +€1,674 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €19,335 | €20,696 | +€1,361 | +7.0% |
| Trade debts | 44 | €387 | €36 | -€352 | -90.8% |
| Suppliers | 440/4 | €387 | €36 | -€352 | -90.8% |
| Taxes, remuneration and social security | 45 | €2,270 | €2,635 | +€365 | +16.1% |
| Taxes | 450/3 | €2,270 | €2,635 | +€365 | +16.1% |
| Other amounts payable | 47/48 | €1,279 | €1,579 | +€300 | +23.4% |
| Accrued charges and deferred income | 492/3 | €8,166 | €9,487 | +€1,322 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,384 | €11,384 | = | 0.0% |
| Other operating charges | 640/8 | €651 | €467 | -€184 | -28.3% |
| Gross operating margin | 9900 | €27,768 | €28,911 | +€1,143 | +4.1% |
| Operating profit (loss) | 9901 | €15,734 | €17,060 | +€1,326 | +8.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7,408 | €6,797 | -€611 | -8.2% |
| Recurring financial charges | 65 | €7,408 | €6,797 | -€611 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €8,326 | €10,264 | +€1,938 | +23.3% |
| Income taxes | 67/77 | €2,269 | €2,566 | +€297 | +13.1% |
| Profit (loss) for the period | 9904 | €6,057 | €7,698 | +€1,641 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,057 | €7,698 | +€1,641 | +27.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.