CONTINENTAL PROPERTIES: 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
CONTINENTAL PROPERTIES
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€146,151
2024 · €419,827-€565,978
Equity
€17.9m
2024 · €18.0m-€146,151
Cash
€8,672
2024 · €59,474-€50,802
Balance sheet total
€37.2m
2024 · €39.1m-€1.9m
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-24.5%), from €4.4m to €3.4m
of which Other amounts receivable: -€907,262
- Tangible fixed assets -€688,799
down €688,799 (-4.8%), from €14.4m to €13.7m
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-6.2%), from €18.2m to €17.1m
- Current portion of long-term debt -€392,660
down €392,660 (-22.6%), from €1.7m to €1.3m
Income statement
- Depreciation +€391,435
up €391,435 (+102%), from €383,274 to €774,709
- Gross operating margin -€105,476
down €105,476 (-6.4%), from €1.6m to €1.5m
- Financial charges +€105,104
up €105,104 (+30.8%), from €341,763 to €446,867
- Other operating charges +€41,637
up €41,637 (+12.6%), from €330,503 to €372,139
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
€419,827
Gross operating margin
-€105,476
Depreciation
-€391,435
Other operating charges
-€41,637
Other operating items
+€62,500
Financial charges
-€105,104
Taxes
+€10,772
Deferred taxes and other
+€4,401
Result 2025
-€146,151
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€85,910
Financing
-€1.6m
Cash 2024
€59,474
From operations (derived)
+€1.7m
Net result for the year
-€146,151
Depreciation
+€774,709
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€50,234
Provisions
-€10,506
Trade debts
-€31,990
Tax, wage and social debts
-€13,301
Other debts
-€62,500
Accrued charges and deferred income
+€4,596
Investment (derived)
-€85,910
Investment in fixed assets (net)
-€85,910
Financing
-€1.6m
Debts after one year
-€1.1m
Current portion of long-term debt
-€392,660
Short-term financial debts
-€91,940
Cash 2025
€8,672
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,105,216 | €37,228,141 | -€1.9m | -4.8% |
| Fixed assets | 21/28 | €34,266,743 | €33,577,944 | -€688,799 | -2.0% |
| Tangible fixed assets | 22/27 | €14,367,692 | €13,678,894 | -€688,799 | -4.8% |
| Land and buildings | 22 | €14,367,692 | €13,678,894 | -€688,799 | -4.8% |
| Financial fixed assets | 28 | €19,899,051 | €19,899,051 | = | 0.0% |
| Current assets | 29/58 | €4,838,473 | €3,650,196 | -€1.2m | -24.6% |
| Amounts receivable within one year | 40/41 | €4,439,638 | €3,352,398 | -€1.1m | -24.5% |
| Trade receivables | 40 | €188,588 | €8,610 | -€179,978 | -95.4% |
| Other amounts receivable | 41 | €4,251,050 | €3,343,788 | -€907,262 | -21.3% |
| Cash at bank and in hand | 54/58 | €59,474 | €8,672 | -€50,802 | -85.4% |
| Deferred charges and accrued income | 490/1 | €339,361 | €289,127 | -€50,234 | -14.8% |
| Total equity and liabilities | 10/49 | €39,105,216 | €37,228,141 | -€1.9m | -4.8% |
| Equity | 10/15 | €18,047,782 | €17,901,631 | -€146,151 | -0.8% |
| Contributions | 10/11 | €268,189 | €268,189 | = | 0.0% |
| Capital | 10 | €140,430 | €140,430 | = | 0.0% |
| Issued capital | 100 | €140,430 | €140,430 | = | 0.0% |
| Contributions outside capital | 11 | €127,758 | €127,758 | = | 0.0% |
| Share premium | 1100/10 | €127,758 | €127,758 | = | 0.0% |
| Revaluation surpluses | 12 | €11,000,000 | €11,000,000 | = | 0.0% |
| Reserves | 13 | €845,042 | €813,525 | -€31,517 | -3.7% |
| Non-distributable reserves | 130/1 | €14,043 | €14,043 | = | 0.0% |
| Legal reserve | 130 | €14,043 | €14,043 | = | 0.0% |
| Tax-exempt reserves | 132 | €699,285 | €667,769 | -€31,517 | -4.5% |
| Distributable reserves | 133 | €131,714 | €131,714 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,934,552 | €5,819,917 | -€114,634 | -1.9% |
| Provisions and deferred taxes | 16 | €233,095 | €222,590 | -€10,506 | -4.5% |
| Deferred taxes | 168 | €233,095 | €222,590 | -€10,506 | -4.5% |
| Amounts payable | 17/49 | €20,824,339 | €19,103,920 | -€1.7m | -8.3% |
| Amounts payable after more than one year | 17 | €18,230,465 | €17,097,841 | -€1.1m | -6.2% |
| Financial debts | 170/4 | €18,230,465 | €17,097,841 | -€1.1m | -6.2% |
| Amounts payable within one year | 42/48 | €2,367,601 | €1,775,210 | -€592,391 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €1,737,270 | €1,344,610 | -€392,660 | -22.6% |
| Financial debts | 43 | €333,804 | €241,863 | -€91,940 | -27.5% |
| Credit institutions | 430/8 | €333,804 | - | -€333,804 | |
| Other loans | 439 | - | €241,863 | +€241,863 | |
| Trade debts | 44 | €119,898 | €87,908 | -€31,990 | -26.7% |
| Suppliers | 440/4 | €119,898 | €87,908 | -€31,990 | -26.7% |
| Taxes, remuneration and social security | 45 | €14,129 | €828 | -€13,301 | -94.1% |
| Taxes | 450/3 | €14,129 | €828 | -€13,301 | -94.1% |
| Other amounts payable | 47/48 | €162,500 | €100,000 | -€62,500 | -38.5% |
| Accrued charges and deferred income | 492/3 | €226,273 | €230,869 | +€4,596 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383,274 | €774,709 | +€391,435 | +102% |
| Other operating charges | 640/8 | €330,503 | €372,139 | +€41,637 | +12.6% |
| Non-recurring operating charges | 66A | €162,500 | €100,000 | -€62,500 | -38.5% |
| Gross operating margin | 9900 | €1,648,803 | €1,543,327 | -€105,476 | -6.4% |
| Operating profit (loss) | 9901 | €772,527 | €296,480 | -€476,047 | -61.6% |
| Financial charges | 65/66B | €341,763 | €446,867 | +€105,104 | +30.8% |
| Recurring financial charges | 65 | €341,763 | €446,867 | +€105,104 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €430,764 | -€150,387 | -€581,151 | |
| Transfer from deferred taxes | 780 | €6,104 | €10,506 | +€4,401 | +72.1% |
| Income taxes | 67/77 | €17,041 | €6,269 | -€10,772 | -63.2% |
| Profit (loss) for the period | 9904 | €419,827 | -€146,151 | -€565,978 | |
| Transfer from tax-exempt reserves | 789 | €18,313 | €31,517 | +€13,204 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €438,140 | -€114,634 | -€552,775 |
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 18 October 2026 via checked.be.