CEKA-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.
CEKA-IMMO
Largest movements
- Tangible fixed assets -€31,048
down €31,048 (-5.4%), from €576,416 to €545,368
- Cash +€8,885
up €8,885 (+83.7%), from €10,613 to €19,498
mainly Depreciation (+€33,025) and Net result for the year (+€10,667)
- Debts after one year -€27,824
down €27,824 (-7.3%), from €379,901 to €352,077
of which Financial debts: -€30,104
- Reserves +€10,700
up €10,700 (+6.2%), from €172,852 to €183,552
of which Distributable reserves: +€10,700
- Gross operating margin -€37,357
down €37,357 (-38.9%), from €96,033 to €58,676
- Taxes -€10,724
down €10,724 (-68.6%), from €15,631 to €4,907
- Financial charges -€1,028
down €1,028 (-24.8%), from €4,142 to €3,114
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 | €655,360 | €635,110 | -€20,250 | -3.1% |
| Fixed assets | 21/28 | €644,416 | €613,368 | -€31,048 | -4.8% |
| Tangible fixed assets | 22/27 | €576,416 | €545,368 | -€31,048 | -5.4% |
| Land and buildings | 22 | €576,416 | €545,368 | -€31,048 | -5.4% |
| Financial fixed assets | 28 | €68,000 | €68,000 | = | 0.0% |
| Current assets | 29/58 | €10,943 | €21,742 | +€10,798 | +98.7% |
| Amounts receivable within one year | 40/41 | €330 | €2,244 | +€1,914 | +580.0% |
| Trade receivables | 40 | €330 | €2,137 | +€1,807 | +547.7% |
| Other amounts receivable | 41 | - | €107 | +€107 | |
| Cash at bank and in hand | 54/58 | €10,613 | €19,498 | +€8,885 | +83.7% |
| Total equity and liabilities | 10/49 | €655,360 | €635,110 | -€20,250 | -3.1% |
| Equity | 10/15 | €222,896 | €233,563 | +€10,667 | +4.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €172,852 | €183,552 | +€10,700 | +6.2% |
| Tax-exempt reserves | 132 | €10,352 | €10,352 | = | 0.0% |
| Distributable reserves | 133 | €162,500 | €173,200 | +€10,700 | +6.6% |
| Profit (loss) carried forward | 14 | €44 | €11 | -€33 | -75.8% |
| Amounts payable | 17/49 | €432,464 | €401,547 | -€30,916 | -7.1% |
| Amounts payable after more than one year | 17 | €379,901 | €352,077 | -€27,824 | -7.3% |
| Financial debts | 170/4 | €84,287 | €54,183 | -€30,104 | -35.7% |
| Other amounts payable | 178/9 | €295,614 | €297,893 | +€2,280 | +0.8% |
| Amounts payable within one year | 42/48 | €52,252 | €42,990 | -€9,262 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €36,040 | €30,104 | -€5,936 | -16.5% |
| Trade debts | 44 | €0 | €817 | +€817 | |
| Suppliers | 440/4 | €0 | €817 | +€817 | |
| Taxes, remuneration and social security | 45 | €4,143 | €0 | -€4,143 | -100.0% |
| Taxes | 450/3 | €4,143 | €0 | -€4,143 | -100.0% |
| Other amounts payable | 47/48 | €12,068 | €12,068 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €311 | €6,481 | +€6,170 | +1983.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,683 | €33,025 | +€343 | +1.0% |
| Other operating charges | 640/8 | €6,684 | €6,963 | +€279 | +4.2% |
| Gross operating margin | 9900 | €96,033 | €58,676 | -€37,357 | -38.9% |
| Operating profit (loss) | 9901 | €56,667 | €18,688 | -€37,979 | -67.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €4,142 | €3,114 | -€1,028 | -24.8% |
| Recurring financial charges | 65 | €4,142 | €3,114 | -€1,028 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €52,524 | €15,574 | -€36,951 | -70.3% |
| Income taxes | 67/77 | €15,631 | €4,907 | -€10,724 | -68.6% |
| Profit (loss) for the period | 9904 | €36,893 | €10,667 | -€26,227 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,893 | €10,667 | -€26,227 | -71.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.