CB 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.
CB IMMO
Largest movements
- Cash +€113,658
up €113,658 (+103.3%), from €110,024 to €223,682
mainly Other debts (+€98,780) and Depreciation (+€48,825)
- Tangible fixed assets +€10,039
up €10,039 (+1.4%), from €709,045 to €719,084
of which Furniture and vehicles: +€49,281
- Other debts +€98,780
up €98,780 (+21.5%), from €460,018 to €558,798
- Profit (loss) carried forward +€36,012
up €36,012 (+28.7%), from -€125,564 to -€89,552
- Current portion of long-term debt -€12,977
no longer reported in 2025 (was €12,977)
- Gross operating margin +€94,458
up €94,458 (+262.9%), from €35,926 to €130,384
- Depreciation +€10,730
up €10,730 (+28.2%), from €38,095 to €48,825
- Other operating charges +€8,191
up €8,191 (+206.3%), from €3,971 to €12,161
- Financial charges -€3,061
down €3,061 (-8.2%), from €37,100 to €34,039
- Financial income -€1,403
down €1,403 (-53.0%), from €2,649 to €1,246
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 | €821,690 | €946,271 | +€124,582 | +15.2% |
| Fixed assets | 21/28 | €709,545 | €719,584 | +€10,039 | +1.4% |
| Tangible fixed assets | 22/27 | €709,045 | €719,084 | +€10,039 | +1.4% |
| Land and buildings | 22 | €683,295 | €646,308 | -€36,986 | -5.4% |
| Furniture and vehicles | 24 | €3,823 | €53,104 | +€49,281 | +1289.1% |
| Other tangible fixed assets | 26 | €21,928 | €19,672 | -€2,256 | -10.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €112,144 | €226,687 | +€114,543 | +102.1% |
| Amounts receivable within one year | 40/41 | €2,120 | €794 | -€1,326 | -62.5% |
| Other amounts receivable | 41 | €2,120 | €794 | -€1,326 | -62.5% |
| Cash at bank and in hand | 54/58 | €110,024 | €223,682 | +€113,658 | +103.3% |
| Deferred charges and accrued income | 490/1 | - | €2,210 | +€2,210 | |
| Total equity and liabilities | 10/49 | €821,690 | €946,271 | +€124,582 | +15.2% |
| Equity | 10/15 | €334,436 | €370,448 | +€36,012 | +10.8% |
| Contributions | 10/11 | €460,000 | €460,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,564 | -€89,552 | +€36,012 | +28.7% |
| Amounts payable | 17/49 | €487,254 | €575,823 | +€88,569 | +18.2% |
| Amounts payable within one year | 42/48 | €487,241 | €575,090 | +€87,849 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €12,977 | - | -€12,977 | |
| Trade debts | 44 | €3,524 | €1,171 | -€2,353 | -66.8% |
| Suppliers | 440/4 | €3,524 | €1,171 | -€2,353 | -66.8% |
| Taxes, remuneration and social security | 45 | €10,722 | €15,122 | +€4,400 | +41.0% |
| Taxes | 450/3 | €10,722 | €15,122 | +€4,400 | +41.0% |
| Other amounts payable | 47/48 | €460,018 | €558,798 | +€98,780 | +21.5% |
| Accrued charges and deferred income | 492/3 | €13 | €733 | +€720 | +5664.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,095 | €48,825 | +€10,730 | +28.2% |
| Other operating charges | 640/8 | €3,971 | €12,161 | +€8,191 | +206.3% |
| Gross operating margin | 9900 | €35,926 | €130,384 | +€94,458 | +262.9% |
| Operating profit (loss) | 9901 | -€6,140 | €69,398 | +€75,538 | |
| Financial income | 75/76B | €2,649 | €1,246 | -€1,403 | -53.0% |
| Recurring financial income | 75 | €2,649 | €1,246 | -€1,403 | -53.0% |
| Financial charges | 65/66B | €37,100 | €34,039 | -€3,061 | -8.2% |
| Recurring financial charges | 65 | €37,100 | €34,039 | -€3,061 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,590 | €36,605 | +€77,195 | |
| Income taxes | 67/77 | - | €593 | +€593 | |
| Profit (loss) for the period | 9904 | -€40,590 | €36,012 | +€76,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,590 | €36,012 | +€76,603 |
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 3 October 2026 via checked.be.