CE 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.
CE Immo
Largest movements
- Tangible fixed assets +€162,060
up €162,060 (+32.2%), from €503,953 to €666,013
of which Land and buildings: +€175,669
- Cash -€77,032
down €77,032 (-89.9%), from €85,661 to €8,629
mainly Investment in fixed assets (net) (-€191,552) and Net result for the year (-€55,702)
- Receivables within one year +€41,575
up €41,575 (+365.1%), from €11,386 to €52,961
of which Other amounts receivable: +€28,892
- Debts after one year +€111,700
up €111,700 (+16.6%), from €672,373 to €784,073
- Profit (loss) carried forward -€55,702
down €55,702 (-66.6%), from -€83,640 to -€139,342
- Accrued charges and deferred income +€29,148
new in 2025: €29,148
- Trade debts +€27,322
up €27,322 (+834.2%), from €3,275 to €30,597
- Other debts +€10,000
new in 2025: €10,000
- Depreciation -€46,819
down €46,819 (-61.4%), from €76,311 to €29,492
- Financial charges +€25,606
up €25,606 (+27539.8%), from €93 to €25,699
- Gross operating margin +€12,183
up €12,183, from -€1,903 to €10,280
- Other operating charges +€5,458
up €5,458 (+102.3%), from €5,333 to €10,791
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 | €602,008 | €728,641 | +€126,633 | +21.0% |
| Fixed assets | 21/28 | €503,953 | €666,013 | +€162,060 | +32.2% |
| Tangible fixed assets | 22/27 | €503,953 | €666,013 | +€162,060 | +32.2% |
| Land and buildings | 22 | €490,343 | €666,013 | +€175,669 | +35.8% |
| Assets under construction and advance payments | 27 | €13,609 | €0 | -€13,609 | -100.0% |
| Current assets | 29/58 | €98,055 | €62,628 | -€35,427 | -36.1% |
| Amounts receivable within one year | 40/41 | €11,386 | €52,961 | +€41,575 | +365.1% |
| Trade receivables | 40 | €10,278 | €22,961 | +€12,683 | +123.4% |
| Other amounts receivable | 41 | €1,108 | €30,000 | +€28,892 | +2608.0% |
| Cash at bank and in hand | 54/58 | €85,661 | €8,629 | -€77,032 | -89.9% |
| Deferred charges and accrued income | 490/1 | €1,008 | €1,038 | +€30 | +3.0% |
| Total equity and liabilities | 10/49 | €602,008 | €728,641 | +€126,633 | +21.0% |
| Equity | 10/15 | -€73,640 | -€129,342 | -€55,702 | -75.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,640 | -€139,342 | -€55,702 | -66.6% |
| Amounts payable | 17/49 | €675,648 | €857,983 | +€182,335 | +27.0% |
| Amounts payable after more than one year | 17 | €672,373 | €784,073 | +€111,700 | +16.6% |
| Other amounts payable | 178/9 | €672,373 | €784,073 | +€111,700 | +16.6% |
| Amounts payable within one year | 42/48 | €3,275 | €44,763 | +€41,487 | +1266.7% |
| Trade debts | 44 | €3,275 | €30,597 | +€27,322 | +834.2% |
| Suppliers | 440/4 | €3,275 | €30,597 | +€27,322 | +834.2% |
| Taxes, remuneration and social security | 45 | - | €4,166 | +€4,166 | |
| Taxes | 450/3 | - | €4,166 | +€4,166 | |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | - | €29,148 | +€29,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,311 | €29,492 | -€46,819 | -61.4% |
| Other operating charges | 640/8 | €5,333 | €10,791 | +€5,458 | +102.3% |
| Gross operating margin | 9900 | -€1,903 | €10,280 | +€12,183 | |
| Operating profit (loss) | 9901 | -€83,547 | -€30,003 | +€53,544 | +64.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €93 | €25,699 | +€25,606 | +27539.8% |
| Recurring financial charges | 65 | €93 | €25,699 | +€25,606 | +27539.8% |
| Profit (loss) for the period before taxes | 9903 | -€83,640 | -€55,702 | +€27,938 | +33.4% |
| Profit (loss) for the period | 9904 | -€83,640 | -€55,702 | +€27,938 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,640 | -€55,702 | +€27,938 | +33.4% |
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 30 September 2026 via checked.be.