CIM IMMOBILIER: 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.
What changed
CIM IMMOBILIER
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€16,623
2024 · -€93,923+€110,546
Equity
€206,333
2024 · €217,892-€11,559
Cash
€89,951
2024 · €122,224-€32,273
Balance sheet total
€1.6m
2024 · €1.7m-€111,080
Largest movements
Assets
- Tangible fixed assets -€69,205
down €69,205 (-4.8%), from €1.4m to €1.4m
of which Land and buildings: -€52,218
- Cash -€32,273
down €32,273 (-26.4%), from €122,224 to €89,951
mainly Debts after one year (-€83,975) and Contributions, distributions and other (-€28,182)
Equity and liabilities
- Debts after one year -€83,975
down €83,975 (-7.4%), from €1.1m to €1.0m
Income statement
- Depreciation -€86,805
down €86,805 (-55.6%), from €156,010 to €69,205
- Gross operating margin -€36,423
down €36,423 (-17.4%), from €209,014 to €172,591
- Taxes -€12,185
down €12,185 (-48.6%), from €25,077 to €12,892
- Financial charges +€8,168
up €8,168 (+19.2%), from €42,624 to €50,792
- Financial income -€5,233
down €5,233 (-62.9%), from €8,321 to €3,088
of which Non-recurring financial income: -€8,193
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.
Result 2024
-€93,923
Gross operating margin
-€36,423
Depreciation
+€86,805
Other operating charges
-€2,910
Other operating items
+€64,290
Financial income
-€5,233
Financial charges
-€8,168
Taxes
+€12,185
Result 2025
€16,623
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€69,044
Investment
+€114
Financing
-€101,431
Cash 2024
€122,224
From operations (derived)
+€69,044
Net result for the year
+€16,623
Depreciation
+€69,205
Stocks and contracts
+€1,775
Receivables within one year
+€7,985
Deferred charges and accrued income
-€272
Trade debts
-€9,218
Tax, wage and social debts
-€3,123
Other debts
-€13,932
Investment (derived)
+€114
Investment in fixed assets (net)
+€114
Financing
-€101,431
Debts after one year
-€83,975
Current portion of long-term debt
+€10,726
Contributions, distributions and other
-€28,182
Cash 2025
€89,951
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,669,405 | €1,558,325 | -€111,080 | -6.7% |
| Fixed assets | 21/28 | €1,437,891 | €1,368,571 | -€69,319 | -4.8% |
| Tangible fixed assets | 22/27 | €1,437,627 | €1,368,421 | -€69,205 | -4.8% |
| Land and buildings | 22 | €1,375,527 | €1,323,309 | -€52,218 | -3.8% |
| Plant, machinery and equipment | 23 | €51,473 | €36,173 | -€15,300 | -29.7% |
| Furniture and vehicles | 24 | €2,434 | €746 | -€1,688 | -69.3% |
| Other tangible fixed assets | 26 | €8,193 | €8,193 | = | 0.0% |
| Financial fixed assets | 28 | €264 | €150 | -€114 | -43.2% |
| Current assets | 29/58 | €231,514 | €189,753 | -€41,761 | -18.0% |
| Stocks and contracts in progress | 3 | €5,432 | €3,657 | -€1,775 | -32.7% |
| Stocks | 30/36 | €5,432 | €3,657 | -€1,775 | -32.7% |
| Amounts receivable within one year | 40/41 | €98,916 | €90,930 | -€7,985 | -8.1% |
| Trade receivables | 40 | €14,132 | €582 | -€13,550 | -95.9% |
| Other amounts receivable | 41 | €84,783 | €90,348 | +€5,564 | +6.6% |
| Cash at bank and in hand | 54/58 | €122,224 | €89,951 | -€32,273 | -26.4% |
| Deferred charges and accrued income | 490/1 | €4,943 | €5,215 | +€272 | +5.5% |
| Total equity and liabilities | 10/49 | €1,669,405 | €1,558,325 | -€111,080 | -6.7% |
| Equity | 10/15 | €217,892 | €206,333 | -€11,559 | -5.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €30,041 | €18,482 | -€11,559 | -38.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €28,182 | €16,623 | -€11,559 | -41.0% |
| Profit (loss) carried forward | 14 | €181,653 | €181,653 | = | 0.0% |
| Amounts payable | 17/49 | €1,451,513 | €1,351,992 | -€99,521 | -6.9% |
| Amounts payable after more than one year | 17 | €1,130,439 | €1,046,464 | -€83,975 | -7.4% |
| Financial debts | 170/4 | €1,130,439 | €1,046,464 | -€83,975 | -7.4% |
| Amounts payable within one year | 42/48 | €320,474 | €304,927 | -€15,547 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €64,455 | €75,181 | +€10,726 | +16.6% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €16,425 | €7,207 | -€9,218 | -56.1% |
| Suppliers | 440/4 | €16,425 | €7,207 | -€9,218 | -56.1% |
| Taxes, remuneration and social security | 45 | €12,106 | €8,983 | -€3,123 | -25.8% |
| Taxes | 450/3 | €12,106 | €8,983 | -€3,123 | -25.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €27,488 | €13,556 | -€13,932 | -50.7% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,010 | €69,205 | -€86,805 | -55.6% |
| Other operating charges | 640/8 | €23,257 | €26,167 | +€2,910 | +12.5% |
| Non-recurring operating charges | 66A | €64,290 | - | -€64,290 | |
| Gross operating margin | 9900 | €209,014 | €172,591 | -€36,423 | -17.4% |
| Operating profit (loss) | 9901 | -€34,543 | €77,219 | +€111,762 | |
| Financial income | 75/76B | €8,321 | €3,088 | -€5,233 | -62.9% |
| Recurring financial income | 75 | €128 | €3,088 | +€2,960 | +2,316% |
| Non-recurring financial income | 76B | €8,193 | - | -€8,193 | |
| Financial charges | 65/66B | €42,624 | €50,792 | +€8,168 | +19.2% |
| Recurring financial charges | 65 | €42,624 | €50,792 | +€8,168 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€68,846 | €29,515 | +€98,361 | |
| Income taxes | 67/77 | €25,077 | €12,892 | -€12,185 | -48.6% |
| Profit (loss) for the period | 9904 | -€93,923 | €16,623 | +€110,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,923 | €16,623 | +€110,546 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.