CONDOMINIUM & PARTNERS: 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.
CONDOMINIUM & PARTNERS
Largest movements
- Stocks and contracts +€733,270
new in 2025: €733,270
- Cash +€88,171
new in 2025: €88,171
mainly Short-term financial debts (+€587,498) and Debts after one year (+€127,000)
- Receivables within one year +€32,157
up €32,157 (+238%), from €13,515 to €45,672
of which Trade receivables: +€16,385
- Deferred charges and accrued income +€10,110
new in 2025: €10,110
- Short-term financial debts +€587,498
new in 2025: €587,498
- Debts after one year +€127,000
new in 2025: €127,000
- Reserves +€103,978
new in 2025: €103,978
of which Tax-exempt reserves: +€84,200
- Trade debts +€18,419
up €18,419 (+1,659%), from €1,110 to €19,529
- Tax, wage and social debts +€17,882
new in 2025: €17,882
- Gross operating margin +€192,042
up €192,042, from -€1,678 to €190,364
- Financial charges +€40,190
new in 2025: €40,190
- Taxes +€22,664
new in 2025: €22,664
- Other operating charges +€16,672
up €16,672 (+2,335%), from €714 to €17,386
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 | €13,515 | €877,222 | +€863,708 | +6,391% |
| Current assets | 29/58 | €13,515 | €877,222 | +€863,708 | +6,391% |
| Stocks and contracts in progress | 3 | - | €733,270 | +€733,270 | |
| Stocks | 30/36 | - | €733,270 | +€733,270 | |
| Amounts receivable within one year | 40/41 | €13,515 | €45,672 | +€32,157 | +238% |
| Trade receivables | 40 | - | €16,385 | +€16,385 | |
| Other amounts receivable | 41 | €13,515 | €29,286 | +€15,771 | +117% |
| Cash at bank and in hand | 54/58 | - | €88,171 | +€88,171 | |
| Deferred charges and accrued income | 490/1 | - | €10,110 | +€10,110 | |
| Total equity and liabilities | 10/49 | €13,515 | €877,222 | +€863,708 | +6,391% |
| Equity | 10/15 | €12,404 | €122,528 | +€110,124 | +888% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €103,978 | +€103,978 | |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | - | €19,778 | +€19,778 | |
| Profit (loss) carried forward | 14 | -€6,146 | - | +€6,146 | |
| Amounts payable | 17/49 | €1,110 | €754,694 | +€753,584 | +67,871% |
| Amounts payable after more than one year | 17 | - | €127,000 | +€127,000 | |
| Financial debts | 170/4 | - | €127,000 | +€127,000 | |
| Amounts payable within one year | 42/48 | €1,110 | €625,094 | +€623,984 | +56,199% |
| Financial debts | 43 | - | €587,498 | +€587,498 | |
| Credit institutions | 430/8 | - | €587,498 | +€587,498 | |
| Trade debts | 44 | €1,110 | €19,529 | +€18,419 | +1,659% |
| Suppliers | 440/4 | €1,110 | €19,529 | +€18,419 | +1,659% |
| Taxes, remuneration and social security | 45 | - | €17,882 | +€17,882 | |
| Taxes | 450/3 | - | €17,882 | +€17,882 | |
| Other amounts payable | 47/48 | - | €185 | +€185 | |
| Accrued charges and deferred income | 492/3 | - | €2,600 | +€2,600 | |
| Other operating charges | 640/8 | €714 | €17,386 | +€16,672 | +2,335% |
| Gross operating margin | 9900 | -€1,678 | €190,364 | +€192,042 | |
| Operating profit (loss) | 9901 | -€2,392 | €172,978 | +€175,370 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €40,190 | +€40,190 | |
| Recurring financial charges | 65 | - | €40,190 | +€40,190 | |
| Profit (loss) for the period before taxes | 9903 | -€2,392 | €132,788 | +€135,180 | |
| Income taxes | 67/77 | - | €22,664 | +€22,664 | |
| Profit (loss) for the period | 9904 | -€2,392 | €110,124 | +€112,516 | |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,392 | €25,924 | +€28,316 |
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.