CO & CA immo: what changed
Two fiscal 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.
CO & CA immo
Largest movements
- Tangible fixed assets +€47,694
up €47,694 (+81.2%), from €58,741 to €106,435
- Receivables within one year +€13,176
up €13,176 (+11.6%), from €113,505 to €126,681
- Trade debts +€53,060
up €53,060 (+56.5%), from €93,839 to €146,899
- Gross operating margin +€2,001
up €2,001 (+39.1%), from €5,115 to €7,116
- Financial income -€1,002
down €1,002 (-100.0%), from €1,002 to €0
- Taxes +€842
new in 2025: €842
- Depreciation -€701
down €701 (-23.3%), from €3,007 to €2,306
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,893 | €466,763 | +€60,870 | +15.0% |
| Fixed assets | 21/28 | €292,388 | €340,082 | +€47,694 | +16.3% |
| Tangible fixed assets | 22/27 | €58,741 | €106,435 | +€47,694 | +81.2% |
| Land and buildings | 22 | €58,741 | €106,435 | +€47,694 | +81.2% |
| Financial fixed assets | 28 | €233,647 | €233,647 | = | 0.0% |
| Current assets | 29/58 | €113,505 | €126,681 | +€13,176 | +11.6% |
| Amounts receivable within one year | 40/41 | €113,505 | €126,681 | +€13,176 | +11.6% |
| Other amounts receivable | 41 | €113,505 | €126,681 | +€13,176 | +11.6% |
| Total equity and liabilities | 10/49 | €405,893 | €466,763 | +€60,870 | +15.0% |
| Equity | 10/15 | €166,854 | €170,822 | +€3,968 | +2.4% |
| Contributions | 10/11 | €65,959 | €65,959 | = | 0.0% |
| Outside capital | 11 | €65,959 | €65,959 | = | 0.0% |
| Other | 1109/19 | €65,959 | €65,959 | = | 0.0% |
| Revaluation surpluses | 12 | €67,397 | €67,397 | = | 0.0% |
| Reserves | 13 | €24,526 | €24,526 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,112 | €5,112 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,112 | €5,112 | = | 0.0% |
| Distributable reserves | 133 | €19,414 | €19,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,972 | €12,940 | +€3,968 | +44.2% |
| Provisions and deferred taxes | 16 | €55,000 | €55,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €55,000 | €55,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €15,000 | €15,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €184,039 | €240,941 | +€56,902 | +30.9% |
| Amounts payable after more than one year | 17 | €86,000 | €86,000 | = | 0.0% |
| Financial debts | 170/4 | €85,000 | €85,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,839 | €147,741 | +€53,902 | +57.4% |
| Trade debts | 44 | €93,839 | €146,899 | +€53,060 | +56.5% |
| Suppliers | 440/4 | €93,839 | €146,899 | +€53,060 | +56.5% |
| Taxes, remuneration and social security | 45 | - | €842 | +€842 | |
| Taxes | 450/3 | - | €842 | +€842 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,200 | €7,200 | +€3,000 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,007 | €2,306 | -€701 | -23.3% |
| Gross operating margin | 9900 | €5,115 | €7,116 | +€2,001 | +39.1% |
| Operating profit (loss) | 9901 | €2,108 | €4,810 | +€2,702 | +128.2% |
| Financial income | 75/76B | €1,002 | €0 | -€1,002 | -100.0% |
| Recurring financial income | 75 | €1,002 | €0 | -€1,002 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €3,110 | €4,810 | +€1,700 | +54.7% |
| Income taxes | 67/77 | - | €842 | +€842 | |
| Profit (loss) for the period | 9904 | €3,110 | €3,968 | +€858 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,110 | €3,968 | +€858 | +27.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.