CJS-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.
CJS-IMMOBILIER
Largest movements
- Receivables within one year -€260,985
down €260,985 (-99.3%), from €262,797 to €1,812
of which Other amounts receivable: -€225,488
- Cash -€42,360
down €42,360 (-21.0%), from €201,354 to €158,994
mainly Contributions, distributions and other (-€328,529) and Trade debts (-€35,142)
- Profit (loss) carried forward -€261,690
down €261,690 (-65.8%), from €397,630 to €135,940
- Trade debts -€35,142
down €35,142 (-97.2%), from €36,147 to €1,005
of which Bills of exchange payable: -€35,000
- Tax, wage and social debts -€5,267
down €5,267 (-45.3%), from €11,630 to €6,363
- Other debts -€5,217
down €5,217 (-17.4%), from €30,000 to €24,783
- Gross operating margin -€184,129
down €184,129 (-68.1%), from €270,519 to €86,390
- Write-downs -€45,000
down €45,000 (-100%), from €45,000 to €0
- Taxes -€36,790
down €36,790 (-58.1%), from €63,336 to €26,546
- Financial income -€9,567
down €9,567 (-44.9%), from €21,326 to €11,759
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,407 | €172,091 | -€307,316 | -64.1% |
| Fixed assets | 21/28 | €3,288 | €2,643 | -€645 | -19.6% |
| Tangible fixed assets | 22/27 | €802 | €157 | -€645 | -80.4% |
| Furniture and vehicles | 24 | €802 | €157 | -€645 | -80.4% |
| Financial fixed assets | 28 | €2,485 | €2,485 | = | 0.0% |
| Current assets | 29/58 | €476,119 | €169,449 | -€306,671 | -64.4% |
| Amounts receivable within one year | 40/41 | €262,797 | €1,812 | -€260,985 | -99.3% |
| Trade receivables | 40 | €36,054 | €558 | -€35,496 | -98.5% |
| Other amounts receivable | 41 | €226,742 | €1,254 | -€225,488 | -99.4% |
| Cash at bank and in hand | 54/58 | €201,354 | €158,994 | -€42,360 | -21.0% |
| Deferred charges and accrued income | 490/1 | €11,969 | €8,643 | -€3,326 | -27.8% |
| Total equity and liabilities | 10/49 | €479,407 | €172,091 | -€307,316 | -64.1% |
| Equity | 10/15 | €401,630 | €139,940 | -€261,690 | -65.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €397,630 | €135,940 | -€261,690 | -65.8% |
| Amounts payable | 17/49 | €77,777 | €32,151 | -€45,626 | -58.7% |
| Amounts payable within one year | 42/48 | €77,777 | €32,151 | -€45,626 | -58.7% |
| Trade debts | 44 | €36,147 | €1,005 | -€35,142 | -97.2% |
| Suppliers | 440/4 | €1,147 | €1,005 | -€142 | -12.4% |
| Bills of exchange payable | 441 | €35,000 | €0 | -€35,000 | -100% |
| Taxes, remuneration and social security | 45 | €11,630 | €6,363 | -€5,267 | -45.3% |
| Taxes | 450/3 | €11,630 | €6,363 | -€5,267 | -45.3% |
| Other amounts payable | 47/48 | €30,000 | €24,783 | -€5,217 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €952 | €645 | -€307 | -32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €45,000 | €0 | -€45,000 | -100% |
| Other operating charges | 640/8 | €1,929 | €1,961 | +€32 | +1.7% |
| Gross operating margin | 9900 | €270,519 | €86,390 | -€184,129 | -68.1% |
| Operating profit (loss) | 9901 | €222,639 | €83,784 | -€138,855 | -62.4% |
| Financial income | 75/76B | €21,326 | €11,759 | -€9,567 | -44.9% |
| Recurring financial income | 75 | €21,326 | €11,759 | -€9,567 | -44.9% |
| Financial charges | 65/66B | €2,492 | €2,157 | -€335 | -13.5% |
| Recurring financial charges | 65 | €2,492 | €2,157 | -€335 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €241,472 | €93,386 | -€148,087 | -61.3% |
| Income taxes | 67/77 | €63,336 | €26,546 | -€36,790 | -58.1% |
| Profit (loss) for the period | 9904 | €178,137 | €66,840 | -€111,297 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €178,137 | €66,840 | -€111,297 | -62.5% |
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 16 October 2026 via checked.be.