CBR INVEST: what changed
What changed
CBR INVEST
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€27,173
2024 · -€16,220-€10,954
Equity
€173,493
2024 · €200,666-€27,173
Cash
€3,272
2024 · €1,491+€1,780
Balance sheet total
€937,421
2024 · €964,819-€27,398
Largest movements
Assets
- Tangible fixed assets -€29,213
down €29,213 (-3.0%), from €962,587 to €933,374
Equity and liabilities
- Profit (loss) carried forward -€27,173
down €27,173 (-13.6%), from -€199,334 to -€226,507
- Accrued charges and deferred income +€18,269
up €18,269 (+19.5%), from €93,874 to €112,143
- Debts after one year -€11,689
down €11,689 (-2.4%), from €478,975 to €467,286
Income statement
- Gross operating margin -€10,287
down €10,287 (-28.0%), from €36,748 to €26,461
- Financial charges +€638
up €638 (+2.8%), from €22,851 to €23,489
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€16,220
Gross operating margin
-€10,287
Other operating charges
-€28
Financial income
-€0
Financial charges
-€638
Result 2025
-€27,173
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,387
Investment
€0
Financing
-€11,606
Cash 2024
€1,491
From operations (derived)
+€13,387
Net result for the year
-€27,173
Depreciation
+€29,213
Receivables within one year
-€776
Deferred charges and accrued income
+€741
Trade debts
+€113
Other debts
-€7,000
Accrued charges and deferred income
+€18,269
Financing
-€11,606
Debts after one year
-€11,689
Current portion of long-term debt
+€83
Cash 2025
€3,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €964,819 | €937,421 | -€27,398 | -2.8% |
| Fixed assets | 21/28 | €962,587 | €933,374 | -€29,213 | -3.0% |
| Tangible fixed assets | 22/27 | €962,587 | €933,374 | -€29,213 | -3.0% |
| Land and buildings | 22 | €962,587 | €933,374 | -€29,213 | -3.0% |
| Current assets | 29/58 | €2,233 | €4,047 | +€1,815 | +81.3% |
| Amounts receivable within one year | 40/41 | - | €776 | +€776 | |
| Trade receivables | 40 | - | €776 | +€776 | |
| Cash at bank and in hand | 54/58 | €1,491 | €3,272 | +€1,780 | +119% |
| Deferred charges and accrued income | 490/1 | €741 | - | -€741 | |
| Total equity and liabilities | 10/49 | €964,819 | €937,421 | -€27,398 | -2.8% |
| Equity | 10/15 | €200,666 | €173,493 | -€27,173 | -13.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,334 | -€226,507 | -€27,173 | -13.6% |
| Amounts payable | 17/49 | €764,153 | €763,928 | -€225 | 0.0% |
| Amounts payable after more than one year | 17 | €478,975 | €467,286 | -€11,689 | -2.4% |
| Financial debts | 170/4 | €478,975 | €467,286 | -€11,689 | -2.4% |
| Amounts payable within one year | 42/48 | €191,304 | €184,499 | -€6,805 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €11,659 | €11,742 | +€83 | +0.7% |
| Trade debts | 44 | €1,645 | €1,758 | +€113 | +6.9% |
| Suppliers | 440/4 | €1,645 | €1,758 | +€113 | +6.9% |
| Other amounts payable | 47/48 | €178,000 | €171,000 | -€7,000 | -3.9% |
| Accrued charges and deferred income | 492/3 | €93,874 | €112,143 | +€18,269 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,213 | €29,213 | = | 0.0% |
| Other operating charges | 640/8 | €903 | €931 | +€28 | +3.1% |
| Gross operating margin | 9900 | €36,748 | €26,461 | -€10,287 | -28.0% |
| Operating profit (loss) | 9901 | €6,631 | -€3,684 | -€10,315 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €22,851 | €23,489 | +€638 | +2.8% |
| Recurring financial charges | 65 | €22,851 | €23,489 | +€638 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,220 | -€27,173 | -€10,954 | -67.5% |
| Profit (loss) for the period | 9904 | -€16,220 | -€27,173 | -€10,954 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,220 | -€27,173 | -€10,954 | -67.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.