CFD IMMO: what changed
Two financial 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.
CFD IMMO
Largest movements
- Tangible fixed assets -€56,397
down €56,397 (-6.3%), from €890,972 to €834,575
of which Land and buildings: -€56,679
- Cash +€16,008
up €16,008 (+55.0%), from €29,092 to €45,100
mainly Depreciation (+€57,424) and Net result for the year (+€37,804)
- Debts after one year -€74,948
down €74,948 (-33.2%), from €225,892 to €150,944
- Reserves +€51,500
up €51,500 (+906.6%), from €5,681 to €57,181
of which Distributable reserves: +€51,500
- Profit (loss) carried forward -€13,696
down €13,696 (-6.3%), from €216,719 to €203,023
- Tax, wage and social debts +€10,200
new in 2025: €10,200
- Gross operating margin +€6,327
up €6,327 (+5.0%), from €126,890 to €133,218
- Taxes +€4,157
up €4,157 (+31.1%), from €13,373 to €17,531
- Financial charges -€2,068
down €2,068 (-25.6%), from €8,081 to €6,013
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 | €933,521 | €893,555 | -€39,967 | -4.3% |
| Fixed assets | 21/28 | €890,972 | €834,575 | -€56,397 | -6.3% |
| Tangible fixed assets | 22/27 | €890,972 | €834,575 | -€56,397 | -6.3% |
| Land and buildings | 22 | €890,040 | €833,360 | -€56,679 | -6.4% |
| Furniture and vehicles | 24 | €932 | €1,215 | +€283 | +30.3% |
| Current assets | 29/58 | €42,550 | €58,979 | +€16,430 | +38.6% |
| Cash at bank and in hand | 54/58 | €29,092 | €45,100 | +€16,008 | +55.0% |
| Deferred charges and accrued income | 490/1 | €13,457 | €13,880 | +€422 | +3.1% |
| Total equity and liabilities | 10/49 | €933,521 | €893,555 | -€39,967 | -4.3% |
| Equity | 10/15 | €608,599 | €646,403 | +€37,804 | +6.2% |
| Contributions | 10/11 | €386,200 | €386,200 | = | 0.0% |
| Contributions outside capital | 11 | €386,200 | €386,200 | = | 0.0% |
| Share premium | 1100/10 | €386,200 | €386,200 | = | 0.0% |
| Reserves | 13 | €5,681 | €57,181 | +€51,500 | +906.6% |
| Non-distributable reserves | 130/1 | €5,681 | €5,681 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,681 | €5,681 | = | 0.0% |
| Distributable reserves | 133 | - | €51,500 | +€51,500 | |
| Profit (loss) carried forward | 14 | €216,719 | €203,023 | -€13,696 | -6.3% |
| Amounts payable | 17/49 | €324,922 | €247,151 | -€77,771 | -23.9% |
| Amounts payable after more than one year | 17 | €225,892 | €150,944 | -€74,948 | -33.2% |
| Financial debts | 170/4 | €225,892 | €150,944 | -€74,948 | -33.2% |
| Amounts payable within one year | 42/48 | €99,030 | €96,207 | -€2,822 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €84,224 | €74,948 | -€9,276 | -11.0% |
| Taxes, remuneration and social security | 45 | - | €10,200 | +€10,200 | |
| Taxes | 450/3 | - | €10,200 | +€10,200 | |
| Other amounts payable | 47/48 | €14,805 | €11,059 | -€3,746 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,816 | €57,424 | -€393 | -0.7% |
| Other operating charges | 640/8 | €13,893 | €14,425 | +€532 | +3.8% |
| Non-recurring operating charges | 66A | - | €22 | +€22 | |
| Gross operating margin | 9900 | €126,890 | €133,218 | +€6,327 | +5.0% |
| Operating profit (loss) | 9901 | €55,181 | €61,347 | +€6,166 | +11.2% |
| Financial charges | 65/66B | €8,081 | €6,013 | -€2,068 | -25.6% |
| Recurring financial charges | 65 | €8,081 | €6,013 | -€2,068 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €47,100 | €55,334 | +€8,235 | +17.5% |
| Income taxes | 67/77 | €13,373 | €17,531 | +€4,157 | +31.1% |
| Profit (loss) for the period | 9904 | €33,727 | €37,804 | +€4,077 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,727 | €37,804 | +€4,077 | +12.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.