CONSTELS - 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.
CONSTELS - IMMO
Largest movements
- Tangible fixed assets -€10,449
down €10,449 (-5.6%), from €185,337 to €174,888
of which Land and buildings: -€10,114
- Profit (loss) carried forward -€8,562
down €8,562 (-12.4%), from -€68,892 to -€77,454
- Gross operating margin -€4,081
down €4,081 (-48.4%), from €8,437 to €4,356
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 | €190,326 | €181,773 | -€8,553 | -4.5% |
| Fixed assets | 21/28 | €185,337 | €174,888 | -€10,449 | -5.6% |
| Tangible fixed assets | 22/27 | €185,337 | €174,888 | -€10,449 | -5.6% |
| Land and buildings | 22 | €182,428 | €172,314 | -€10,114 | -5.5% |
| Plant, machinery and equipment | 23 | €2,909 | €2,575 | -€334 | -11.5% |
| Current assets | 29/58 | €4,989 | €6,885 | +€1,896 | +38.0% |
| Cash at bank and in hand | 54/58 | €4,535 | €6,226 | +€1,691 | +37.3% |
| Deferred charges and accrued income | 490/1 | €454 | €659 | +€205 | +45.2% |
| Total equity and liabilities | 10/49 | €190,326 | €181,773 | -€8,553 | -4.5% |
| Equity | 10/15 | -€18,892 | -€27,454 | -€8,562 | -45.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,892 | -€77,454 | -€8,562 | -12.4% |
| Amounts payable | 17/49 | €209,218 | €209,227 | +€10 | 0.0% |
| Amounts payable within one year | 42/48 | €209,076 | €209,185 | +€110 | +0.1% |
| Trade debts | 44 | €309 | €1,374 | +€1,064 | +343.8% |
| Suppliers | 440/4 | €309 | €1,374 | +€1,064 | +343.8% |
| Other amounts payable | 47/48 | €208,766 | €207,812 | -€954 | -0.5% |
| Accrued charges and deferred income | 492/3 | €142 | €42 | -€100 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,449 | €10,449 | = | 0.0% |
| Other operating charges | 640/8 | €2,364 | €2,284 | -€81 | -3.4% |
| Gross operating margin | 9900 | €8,437 | €4,356 | -€4,081 | -48.4% |
| Operating profit (loss) | 9901 | -€4,376 | -€8,376 | -€4,001 | -91.4% |
| Financial charges | 65/66B | €186 | €186 | = | 0.0% |
| Recurring financial charges | 65 | €186 | €186 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,562 | -€8,562 | -€4,001 | -87.7% |
| Profit (loss) for the period | 9904 | -€4,562 | -€8,562 | -€4,001 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,562 | -€8,562 | -€4,001 | -87.7% |
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 1 October 2026 via checked.be.