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CONDROZ FINANCE 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.

What changed

CONDROZ FINANCE IMMO

BE 0598.891.064
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,458
2024 · -€1,509+€3,967
Equity
-€56,754
2024 · -€59,212+€2,458
Cash
€34,079
2024 · €25,350+€8,729
Balance sheet total
€521,527
2024 · €566,398-€44,870

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€53,600

    down €53,600 (-9.9%), from €541,048 to €487,448

    of which Plant, machinery and equipment: -€36,681

  • Cash +€8,729

    up €8,729 (+34.4%), from €25,350 to €34,079

    mainly Depreciation (+€53,600) and Net result for the year (+€2,458)

Equity and liabilities
  • Debts after one year -€47,877

    down €47,877 (-8.5%), from €561,330 to €513,453

Income statement
  • Gross operating margin +€3,682

    up €3,682 (+5.9%), from €62,618 to €66,300

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,509
Gross operating margin +€3,682
Other operating charges -€145
Financial charges +€431
Result 2025 €2,458

Cash bridge derived

cash 2024 to 2025

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.

From operations +€56,171
Investment €0
Financing -€47,442
Cash 2024 €25,350
Net result for the year +€2,458
Depreciation +€53,600
Accrued charges and deferred income +€114
Debts after one year -€47,877
Current portion of long-term debt +€435
Cash 2025 €34,079
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €566,398 €521,527 -€44,870 -7.9%
Fixed assets 21/28 €541,048 €487,448 -€53,600 -9.9%
Tangible fixed assets 22/27 €541,048 €487,448 -€53,600 -9.9%
Land and buildings 22 €467,686 €450,767 -€16,918 -3.6%
Plant, machinery and equipment 23 €73,362 €36,681 -€36,681 -50.0%
Current assets 29/58 €25,350 €34,079 +€8,729 +34.4%
Cash at bank and in hand 54/58 €25,350 €34,079 +€8,729 +34.4%
Total equity and liabilities 10/49 €566,398 €521,527 -€44,870 -7.9%
Equity 10/15 -€59,212 -€56,754 +€2,458 +4.2%
Contributions 10/11 €63,675 €63,675 = 0.0%
Profit (loss) carried forward 14 -€122,888 -€120,430 +€2,458 +2.0%
Amounts payable 17/49 €625,610 €578,281 -€47,329 -7.6%
Amounts payable after more than one year 17 €561,330 €513,453 -€47,877 -8.5%
Financial debts 170/4 €561,330 €513,453 -€47,877 -8.5%
Amounts payable within one year 42/48 €58,529 €58,964 +€435 +0.7%
Current portion of amounts payable after more than one year 42 €47,442 €47,877 +€435 +0.9%
Other amounts payable 47/48 €11,087 €11,087 = 0.0%
Accrued charges and deferred income 492/3 €5,751 €5,865 +€114 +2.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53,600 €53,600 = 0.0%
Other operating charges 640/8 €4,620 €4,765 +€145 +3.1%
Gross operating margin 9900 €62,618 €66,300 +€3,682 +5.9%
Operating profit (loss) 9901 €4,399 €7,935 +€3,537 +80.4%
Financial charges 65/66B €5,908 €5,477 -€431 -7.3%
Recurring financial charges 65 €5,908 €5,477 -€431 -7.3%
Profit (loss) for the period before taxes 9903 -€1,509 €2,458 +€3,967
Profit (loss) for the period 9904 -€1,509 €2,458 +€3,967
Profit (loss) for the period to be appropriated 9905 -€1,509 €2,458 +€3,967

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 29 September 2026 via checked.be.