Congrespaleis: 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.
What changed
Congrespaleis
NACE 68.310, Real estate agency activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€26.6m
2024 · -€2.9m-€23.7m
Equity
€15.1m
2024 · €32.7m-€17.6m
Cash
€1.1m
2024 · €659,250+€428,882
Balance sheet total
€18.8m
2024 · €36.6m-€17.8m
Largest movements
Assets
- Current investments -€26.9m
down €26.9m (-92.4%), from €29.1m to €2.2m
- Deferred charges and accrued income +€8.5m
up €8.5m (+394.9%), from €2.2m to €10.7m
- Cash +€428,882
up €428,882 (+65.1%), from €659,250 to €1.1m
mainly Current investments (+€26.9m) and Contributions, distributions and other (+€9.0m)
Equity and liabilities
- Contributions -€51.0m
down €51.0m (-53.7%), from €95.0m to €44.0m
- Profit (loss) carried forward +€33.4m
up €33.4m (+53.4%), from -€62.6m to -€29.2m
Income statement
- Services and other goods +€23.3m
up €23.3m (+402.7%), from €5.8m to €29.1m
- Provisions +€500,000
no longer reported in 2025 (was -€500,000)
- Depreciation -€438,085
down €438,085 (-71.5%), from €613,113 to €175,028
- Other operating charges +€280,023
up €280,023 (+34.0%), from €823,491 to €1.1m
- Financial income +€249,820
up €249,820 (+45.8%), from €544,962 to €794,783
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.
Result 2024
-€2.9m
Turnover
-€28,546
Other operating income
-€85,502
Services and other goods
-€23.3m
Staff costs
-€2,468
Depreciation
+€438,085
Write-downs
-€103,803
Provisions
-€500,000
Other operating charges
-€280,023
Financial income
+€249,820
Financial charges
-€116,027
Result 2025
-€26.6m
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.
From operations
-€35.1m
Investment
+€26.5m
Financing
+€9.0m
Cash 2024
€659,250
From operations (derived)
-€35.1m
Net result for the year
-€26.6m
Depreciation
+€175,028
Receivables after one year
+€248,582
Receivables within one year
-€160,031
Deferred charges and accrued income
-€8.5m
Trade debts
+€200,103
Tax, wage and social debts
-€181,485
Accrued charges and deferred income
-€227,882
Investment (derived)
+€26.5m
Investment in fixed assets (net)
-€420,827
Current investments
+€26.9m
Financing
+€9.0m
Contributions, distributions and other
+€9.0m
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,623,062 | €18,836,548 | -€17.8m | -48.6% |
| Fixed assets | 21/28 | €1,657,994 | €1,903,793 | +€245,800 | +14.8% |
| Tangible fixed assets | 22/27 | €1,620,494 | €1,866,293 | +€245,800 | +15.2% |
| Plant, machinery and equipment | 23 | €237,813 | €237,232 | -€581 | -0.2% |
| Furniture and vehicles | 24 | €1,162 | - | -€1,162 | |
| Other tangible fixed assets | 26 | €1,381,520 | €1,629,061 | +€247,542 | +17.9% |
| Financial fixed assets | 28 | €37,500 | €37,500 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €37,500 | €37,500 | = | 0.0% |
| Participating interests | 282 | €37,500 | €37,500 | = | 0.0% |
| Current assets | 29/58 | €34,965,069 | €16,932,755 | -€18.0m | -51.6% |
| Amounts receivable after more than one year | 29 | €745,752 | €497,170 | -€248,582 | -33.3% |
| Trade receivables | 290 | €667,549 | €457,351 | -€210,198 | -31.5% |
| Other amounts receivable | 291 | €78,203 | €39,819 | -€38,384 | -49.1% |
| Amounts receivable within one year | 40/41 | €2,300,499 | €2,460,530 | +€160,031 | +7.0% |
| Trade receivables | 40 | €1,763,919 | €1,653,645 | -€110,274 | -6.3% |
| Other amounts receivable | 41 | €536,581 | €806,885 | +€270,305 | +50.4% |
| Current investments | 50/53 | €29,100,000 | €2,200,000 | -€26.9m | -92.4% |
| Other investments | 51/53 | €29,100,000 | €2,200,000 | -€26.9m | -92.4% |
| Cash at bank and in hand | 54/58 | €659,250 | €1,088,133 | +€428,882 | +65.1% |
| Deferred charges and accrued income | 490/1 | €2,159,567 | €10,686,922 | +€8.5m | +394.9% |
| Total equity and liabilities | 10/49 | €36,623,062 | €18,836,548 | -€17.8m | -48.6% |
| Equity | 10/15 | €32,662,067 | €15,084,817 | -€17.6m | -53.8% |
| Contributions | 10/11 | €95,000,000 | €44,000,000 | -€51.0m | -53.7% |
| Capital | 10 | €95,000,000 | €44,000,000 | -€51.0m | -53.7% |
| Issued capital | 100 | €95,000,000 | €44,000,000 | -€51.0m | -53.7% |
| Profit (loss) carried forward | 14 | -€62,591,471 | -€29,168,721 | +€33.4m | +53.4% |
| Investment grants | 15 | €253,537 | €253,537 | = | 0.0% |
| Amounts payable | 17/49 | €3,960,996 | €3,751,732 | -€209,264 | -5.3% |
| Amounts payable within one year | 42/48 | €2,785,465 | €2,804,083 | +€18,618 | +0.7% |
| Trade debts | 44 | €83,463 | €283,566 | +€200,103 | +239.8% |
| Suppliers | 440/4 | €83,463 | €283,566 | +€200,103 | +239.8% |
| Taxes, remuneration and social security | 45 | €2,702,002 | €2,520,517 | -€181,485 | -6.7% |
| Taxes | 450/3 | €2,692,345 | €2,511,194 | -€181,151 | -6.7% |
| Remuneration and social security | 454/9 | €9,657 | €9,324 | -€333 | -3.5% |
| Accrued charges and deferred income | 492/3 | €1,175,531 | €947,649 | -€227,882 | -19.4% |
| Operating income | 70/76A | €3,256,041 | €3,141,992 | -€114,048 | -3.5% |
| Turnover | 70 | €2,583,653 | €2,555,107 | -€28,546 | -1.1% |
| Other operating income | 74 | €672,387 | €586,885 | -€85,502 | -12.7% |
| Operating charges | 60/66A | €6,675,607 | €30,395,635 | +€23.7m | +355.3% |
| Services and other goods | 61 | €5,778,815 | €29,050,634 | +€23.3m | +402.7% |
| Remuneration, social security and pensions | 62 | €63,992 | €66,460 | +€2,468 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613,113 | €175,028 | -€438,085 | -71.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€103,803 | - | +€103,803 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€500,000 | - | +€500,000 | |
| Other operating charges | 640/8 | €823,491 | €1,103,513 | +€280,023 | +34.0% |
| Operating profit (loss) | 9901 | -€3,419,566 | -€27,253,643 | -€23.8m | -697.0% |
| Financial income | 75/76B | €544,962 | €794,783 | +€249,820 | +45.8% |
| Recurring financial income | 75 | €544,962 | €794,783 | +€249,820 | +45.8% |
| Income from financial fixed assets | 750 | €143,910 | €255,000 | +€111,090 | +77.2% |
| Income from current assets | 751 | €400,909 | €429,775 | +€28,866 | +7.2% |
| Other financial income | 752/9 | €143 | €110,008 | +€109,865 | +76656.9% |
| Financial charges | 65/66B | €2,363 | €118,390 | +€116,027 | +4909.5% |
| Recurring financial charges | 65 | €2,363 | €118,390 | +€116,027 | +4909.5% |
| Debt charges | 650 | - | €117,709 | +€117,709 | |
| Other financial charges | 652/9 | €2,363 | €681 | -€1,683 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,876,967 | -€26,577,250 | -€23.7m | -823.8% |
| Profit (loss) for the period | 9904 | -€2,876,967 | -€26,577,250 | -€23.7m | -823.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,876,967 | -€26,577,250 | -€23.7m | -823.8% |
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 10 October 2026 via checked.be.