CONDOMINIUM III: 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.
CONDOMINIUM III
Largest movements
- Cash +€11,810
up €11,810 (+38.1%), from €31,004 to €42,814
mainly Net result for the year (+€6,345) and Other debts (+€3,363)
- Receivables within one year +€1,066
up €1,066 (+250.4%), from €426 to €1,492
of which Trade receivables: +€1,200
- Reserves +€6,345
up €6,345 (+58.0%), from €10,931 to €17,276
of which Distributable reserves: +€6,345
- Other debts +€3,363
up €3,363 (+5180.0%), from €65 to €3,428
- Tax, wage and social debts +€3,146
new in 2025: €3,146
- Gross operating margin +€10,416
up €10,416 (+263.0%), from €3,961 to €14,377
- Taxes +€3,146
new in 2025: €3,146
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 | €80,463 | €93,486 | +€13,023 | +16.2% |
| Fixed assets | 21/28 | €49,034 | €49,180 | +€147 | +0.3% |
| Tangible fixed assets | 22/27 | €48,786 | €48,932 | +€147 | +0.3% |
| Land and buildings | 22 | €48,786 | €48,932 | +€147 | +0.3% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €31,430 | €44,306 | +€12,876 | +41.0% |
| Amounts receivable within one year | 40/41 | €426 | €1,492 | +€1,066 | +250.4% |
| Trade receivables | 40 | €293 | €1,492 | +€1,200 | +410.2% |
| Other amounts receivable | 41 | €133 | - | -€133 | |
| Cash at bank and in hand | 54/58 | €31,004 | €42,814 | +€11,810 | +38.1% |
| Total equity and liabilities | 10/49 | €80,463 | €93,486 | +€13,023 | +16.2% |
| Equity | 10/15 | €78,273 | €84,618 | +€6,345 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €10,931 | €17,276 | +€6,345 | +58.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €4,731 | €11,076 | +€6,345 | +134.1% |
| Profit (loss) carried forward | 14 | €5,342 | €5,342 | = | 0.0% |
| Amounts payable | 17/49 | €2,190 | €8,868 | +€6,678 | +305.0% |
| Amounts payable within one year | 42/48 | €65 | €6,743 | +€6,678 | +10287.1% |
| Trade debts | 44 | - | €170 | +€170 | |
| Suppliers | 440/4 | - | €170 | +€170 | |
| Taxes, remuneration and social security | 45 | - | €3,146 | +€3,146 | |
| Taxes | 450/3 | - | €3,146 | +€3,146 | |
| Other amounts payable | 47/48 | €65 | €3,428 | +€3,363 | +5180.0% |
| Accrued charges and deferred income | 492/3 | €2,125 | €2,125 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,900 | €2,994 | +€94 | +3.2% |
| Other operating charges | 640/8 | €1,838 | €1,892 | +€53 | +2.9% |
| Gross operating margin | 9900 | €3,961 | €14,377 | +€10,416 | +263.0% |
| Operating profit (loss) | 9901 | -€778 | €9,491 | +€10,268 | |
| Profit (loss) for the period before taxes | 9903 | -€778 | €9,491 | +€10,268 | |
| Income taxes | 67/77 | - | €3,146 | +€3,146 | |
| Profit (loss) for the period | 9904 | -€778 | €6,345 | +€7,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€778 | €6,345 | +€7,122 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.