CJ 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.
CJ IMMO
Largest movements
- Tangible fixed assets -€77,781
down €77,781 (-3.6%), from €2.2m to €2.1m
- Receivables within one year -€27,506
down €27,506 (-12.2%), from €226,288 to €198,783
of which Other amounts receivable: -€40,434
- Debts after one year -€110,888
down €110,888 (-6.7%), from €1.7m to €1.6m
- Reserves +€52,637
up €52,637 (+9.3%), from €565,721 to €618,358
of which Distributable reserves: +€52,637
- Current portion of long-term debt -€37,376
down €37,376 (-25.2%), from €148,264 to €110,888
- Gross operating margin +€5,163
up €5,163 (+2.2%), from €237,344 to €242,507
- Taxes +€4,919
up €4,919 (+44.2%), from €11,131 to €16,050
- Depreciation -€3,681
down €3,681 (-2.9%), from €125,495 to €121,815
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 | €2,480,116 | €2,388,091 | -€92,025 | -3.7% |
| Fixed assets | 21/28 | €2,181,049 | €2,103,269 | -€77,781 | -3.6% |
| Tangible fixed assets | 22/27 | €2,181,049 | €2,103,269 | -€77,781 | -3.6% |
| Land and buildings | 22 | €2,181,049 | €2,103,269 | -€77,781 | -3.6% |
| Current assets | 29/58 | €299,067 | €284,823 | -€14,245 | -4.8% |
| Amounts receivable within one year | 40/41 | €226,288 | €198,783 | -€27,506 | -12.2% |
| Trade receivables | 40 | €169,367 | €182,296 | +€12,928 | +7.6% |
| Other amounts receivable | 41 | €56,921 | €16,487 | -€40,434 | -71.0% |
| Cash at bank and in hand | 54/58 | €50,179 | €58,556 | +€8,377 | +16.7% |
| Deferred charges and accrued income | 490/1 | €22,600 | €27,484 | +€4,884 | +21.6% |
| Total equity and liabilities | 10/49 | €2,480,116 | €2,388,091 | -€92,025 | -3.7% |
| Equity | 10/15 | €657,851 | €710,487 | +€52,637 | +8.0% |
| Contributions | 10/11 | €92,130 | €92,130 | = | 0.0% |
| Reserves | 13 | €565,721 | €618,358 | +€52,637 | +9.3% |
| Non-distributable reserves | 130/1 | €9,213 | €9,213 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,213 | €9,213 | = | 0.0% |
| Distributable reserves | 133 | €556,508 | €609,145 | +€52,637 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,822,266 | €1,677,604 | -€144,662 | -7.9% |
| Amounts payable after more than one year | 17 | €1,663,520 | €1,552,632 | -€110,888 | -6.7% |
| Financial debts | 170/4 | €1,663,520 | €1,552,632 | -€110,888 | -6.7% |
| Amounts payable within one year | 42/48 | €158,746 | €124,972 | -€33,774 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €148,264 | €110,888 | -€37,376 | -25.2% |
| Trade debts | 44 | €5,239 | €8,442 | +€3,203 | +61.1% |
| Suppliers | 440/4 | €5,239 | €8,442 | +€3,203 | +61.1% |
| Taxes, remuneration and social security | 45 | €5,244 | €5,643 | +€399 | +7.6% |
| Taxes | 450/3 | €5,244 | €5,643 | +€399 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,495 | €121,815 | -€3,681 | -2.9% |
| Other operating charges | 640/8 | €29,802 | €30,320 | +€518 | +1.7% |
| Gross operating margin | 9900 | €237,344 | €242,507 | +€5,163 | +2.2% |
| Operating profit (loss) | 9901 | €82,047 | €90,372 | +€8,325 | +10.1% |
| Financial income | 75/76B | €549 | €590 | +€40 | +7.3% |
| Recurring financial income | 75 | €549 | €590 | +€40 | +7.3% |
| Financial charges | 65/66B | €24,200 | €22,275 | -€1,925 | -8.0% |
| Recurring financial charges | 65 | €24,200 | €22,275 | -€1,925 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €58,396 | €68,687 | +€10,290 | +17.6% |
| Income taxes | 67/77 | €11,131 | €16,050 | +€4,919 | +44.2% |
| Profit (loss) for the period | 9904 | €47,265 | €52,637 | +€5,371 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,265 | €52,637 | +€5,371 | +11.4% |
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 11 October 2026 via checked.be.