CMA 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.
CMA IMMO
Largest movements
- Tangible fixed assets +€139,363
up €139,363 (+542.4%), from €25,695 to €165,058
- Cash +€15,343
up €15,343 (+94.5%), from €16,228 to €31,571
mainly Net result for the year (+€119,087) and Debts after one year (+€102,167)
- Receivables within one year -€9,842
down €9,842 (-87.8%), from €11,214 to €1,372
of which Trade receivables: -€9,842
- Debts after one year +€102,167
up €102,167 (+926.3%), from €11,030 to €113,197
- Tax, wage and social debts +€35,954
up €35,954 (+381.7%), from €9,420 to €45,375
of which Taxes: +€33,954
- Current portion of long-term debt +€6,941
up €6,941 (+23.0%), from €30,196 to €37,137
- Reserves +€4,150
up €4,150 (+3.8%), from €109,797 to €113,947
of which Distributable reserves: +€4,150
- Financial income +€80,018
new in 2024: €80,018
- Gross operating margin +€41,691
up €41,691 (+63.2%), from €65,961 to €107,653
- Other operating charges +€32,901
up €32,901 (+6705.0%), from €491 to €33,392
- Taxes +€13,101
up €13,101 (+82.9%), from €15,807 to €28,908
- Depreciation +€3,227
up €3,227 (+313.0%), from €1,031 to €4,258
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,152 | €383,427 | +€145,275 | +61.0% |
| Fixed assets | 21/28 | €210,710 | €350,173 | +€139,463 | +66.2% |
| Tangible fixed assets | 22/27 | €25,695 | €165,058 | +€139,363 | +542.4% |
| Land and buildings | 22 | €25,695 | €165,058 | +€139,363 | +542.4% |
| Financial fixed assets | 28 | €185,015 | €185,115 | +€100 | +0.1% |
| Current assets | 29/58 | €27,442 | €33,254 | +€5,812 | +21.2% |
| Amounts receivable within one year | 40/41 | €11,214 | €1,372 | -€9,842 | -87.8% |
| Trade receivables | 40 | €10,870 | €1,029 | -€9,842 | -90.5% |
| Other amounts receivable | 41 | €344 | €344 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,228 | €31,571 | +€15,343 | +94.5% |
| Deferred charges and accrued income | 490/1 | - | €311 | +€311 | |
| Total equity and liabilities | 10/49 | €238,152 | €383,427 | +€145,275 | +61.0% |
| Equity | 10/15 | €128,397 | €132,547 | +€4,150 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,797 | €113,947 | +€4,150 | +3.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,937 | €112,087 | +€4,150 | +3.8% |
| Amounts payable | 17/49 | €109,755 | €250,880 | +€141,125 | +128.6% |
| Amounts payable after more than one year | 17 | €11,030 | €113,197 | +€102,167 | +926.3% |
| Financial debts | 170/4 | €11,030 | €113,197 | +€102,167 | +926.3% |
| Amounts payable within one year | 42/48 | €98,725 | €137,683 | +€38,958 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €30,196 | €37,137 | +€6,941 | +23.0% |
| Trade debts | 44 | €41,270 | €39,877 | -€1,393 | -3.4% |
| Suppliers | 440/4 | €41,270 | €39,877 | -€1,393 | -3.4% |
| Taxes, remuneration and social security | 45 | €9,420 | €45,375 | +€35,954 | +381.7% |
| Taxes | 450/3 | €9,420 | €43,375 | +€33,954 | +360.4% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €17,838 | €15,294 | -€2,544 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,031 | €4,258 | +€3,227 | +313.0% |
| Other operating charges | 640/8 | €491 | €33,392 | +€32,901 | +6705.0% |
| Gross operating margin | 9900 | €65,961 | €107,653 | +€41,691 | +63.2% |
| Operating profit (loss) | 9901 | €64,440 | €70,003 | +€5,563 | +8.6% |
| Financial income | 75/76B | - | €80,018 | +€80,018 | |
| Recurring financial income | 75 | - | €80,018 | +€80,018 | |
| Financial charges | 65/66B | €1,758 | €2,026 | +€268 | +15.3% |
| Recurring financial charges | 65 | €1,758 | €2,026 | +€268 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €62,682 | €147,995 | +€85,313 | +136.1% |
| Income taxes | 67/77 | €15,807 | €28,908 | +€13,101 | +82.9% |
| Profit (loss) for the period | 9904 | €46,875 | €119,087 | +€72,212 | +154.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,875 | €119,087 | +€72,212 | +154.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.