CDA 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.
CDA IMMO
Largest movements
- Tangible fixed assets -€106,431
down €106,431 (-2.6%), from €4.1m to €3.9m
- Reserves -€70,550
down €70,550 (-2.9%), from €2.4m to €2.3m
of which Tax-exempt reserves: -€70,550
- Debts after one year -€47,997
down €47,997 (-2.1%), from €2.2m to €2.2m
- Other operating charges +€10,537
up €10,537 (+133.4%), from €7,899 to €18,436
- Financial charges -€1,908
down €1,908 (-2.3%), from €83,254 to €81,346
- Gross operating margin +€1,606
up €1,606 (+1.3%), from €123,705 to €125,311
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 | €4,087,411 | €3,965,225 | -€122,186 | -3.0% |
| Fixed assets | 21/28 | €4,052,104 | €3,945,673 | -€106,431 | -2.6% |
| Tangible fixed assets | 22/27 | €4,052,104 | €3,945,673 | -€106,431 | -2.6% |
| Land and buildings | 22 | €4,052,104 | €3,945,673 | -€106,431 | -2.6% |
| Current assets | 29/58 | €35,307 | €19,552 | -€15,755 | -44.6% |
| Amounts receivable within one year | 40/41 | €28,102 | €10,400 | -€17,702 | -63.0% |
| Trade receivables | 40 | €28,102 | €10,400 | -€17,702 | -63.0% |
| Cash at bank and in hand | 54/58 | €7,205 | €9,152 | +€1,947 | +27.0% |
| Total equity and liabilities | 10/49 | €4,087,411 | €3,965,225 | -€122,186 | -3.0% |
| Equity | 10/15 | €137,453 | €88,972 | -€48,481 | -35.3% |
| Contributions | 10/11 | €46,299 | €46,299 | = | 0.0% |
| Reserves | 13 | €2,415,747 | €2,345,197 | -€70,550 | -2.9% |
| Tax-exempt reserves | 132 | €1,894,204 | €1,823,654 | -€70,550 | -3.7% |
| Distributable reserves | 133 | €521,543 | €521,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,324,593 | -€2,302,524 | +€22,069 | +0.9% |
| Provisions and deferred taxes | 16 | €811,877 | €779,484 | -€32,393 | -4.0% |
| Deferred taxes | 168 | €811,877 | €779,484 | -€32,393 | -4.0% |
| Amounts payable | 17/49 | €3,138,081 | €3,096,769 | -€41,312 | -1.3% |
| Amounts payable after more than one year | 17 | €2,242,867 | €2,194,870 | -€47,997 | -2.1% |
| Financial debts | 170/4 | €2,242,867 | €2,194,870 | -€47,997 | -2.1% |
| Amounts payable within one year | 42/48 | €895,214 | €901,899 | +€6,685 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €47,651 | €49,271 | +€1,620 | +3.4% |
| Trade debts | 44 | €32,538 | €14,555 | -€17,983 | -55.3% |
| Suppliers | 440/4 | €32,538 | €14,555 | -€17,983 | -55.3% |
| Other amounts payable | 47/48 | €815,025 | €838,073 | +€23,048 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,620 | €106,431 | -€189 | -0.2% |
| Other operating charges | 640/8 | €7,899 | €18,436 | +€10,537 | +133.4% |
| Gross operating margin | 9900 | €123,705 | €125,311 | +€1,606 | +1.3% |
| Operating profit (loss) | 9901 | €9,186 | €444 | -€8,742 | -95.2% |
| Financial income | 75/76B | €1 | €28 | +€27 | +2700.0% |
| Recurring financial income | 75 | €1 | €28 | +€27 | +2700.0% |
| Financial charges | 65/66B | €83,254 | €81,346 | -€1,908 | -2.3% |
| Recurring financial charges | 65 | €83,254 | €81,346 | -€1,908 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€74,067 | -€80,874 | -€6,807 | -9.2% |
| Transfer from deferred taxes | 780 | €32,393 | €32,393 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€41,674 | -€48,481 | -€6,807 | -16.3% |
| Transfer from tax-exempt reserves | 789 | €70,550 | €70,550 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,876 | €22,069 | -€6,807 | -23.6% |
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.