COOREVITS IMMO: 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
COOREVITS IMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€114,648
2024 · €201,576-€86,928
Equity
€1.3m
2024 · €1.3m+€22,389
Cash
€194,268
2024 · €691,676-€497,408
Balance sheet total
€5.5m
2024 · €6.6m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€644,837
down €644,837 (-11.9%), from €5.4m to €4.8m
of which Land and buildings: -€669,238
- Cash -€497,408
down €497,408 (-71.9%), from €691,676 to €194,268
mainly Other debts (-€611,252) and Debts after one year (-€463,974)
Equity and liabilities
- Other debts -€611,252
down €611,252 (-48.4%), from €1.3m to €650,799
- Debts after one year -€463,974
down €463,974 (-12.6%), from €3.7m to €3.2m
of which Financial debts: -€463,974
Income statement
- Gross operating margin -€52,424
down €52,424 (-6.3%), from €837,264 to €784,840
- Financial income -€49,498
down €49,498 (-39.6%), from €125,022 to €75,524
- Financial charges +€25,407
up €25,407 (+12.7%), from €199,774 to €225,181
- Depreciation -€22,785
down €22,785 (-5.1%), from €447,092 to €424,307
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
€201,576
Gross operating margin
-€52,424
Staff costs
+€4,315
Depreciation
+€22,785
Write-downs
+€7,850
Other operating charges
-€1,921
Financial income
-€49,498
Financial charges
-€25,407
Taxes
+€7,371
Result 2025
€114,648
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
-€107,984
Investment
+€220,530
Financing
-€609,953
Cash 2024
€691,676
From operations (derived)
-€107,984
Net result for the year
+€114,648
Depreciation
+€424,307
Receivables within one year
-€38,320
Deferred charges and accrued income
-€8,598
Trade debts
+€33,980
Tax, wage and social debts
-€20,033
Other debts
-€611,252
Accrued charges and deferred income
-€2,715
Investment (derived)
+€220,530
Investment in fixed assets (net)
+€220,530
Financing
-€609,953
Debts after one year
-€463,974
Current portion of long-term debt
-€58,686
Short-term financial debts
+€4,966
Contributions, distributions and other
-€92,259
Cash 2025
€194,268
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,638,400 | €5,543,075 | -€1.1m | -16.5% |
| Fixed assets | 21/28 | €5,891,198 | €5,246,362 | -€644,837 | -10.9% |
| Tangible fixed assets | 22/27 | €5,424,002 | €4,779,166 | -€644,837 | -11.9% |
| Land and buildings | 22 | €5,334,440 | €4,665,202 | -€669,238 | -12.5% |
| Plant, machinery and equipment | 23 | €2,144 | €2,610 | +€466 | +21.7% |
| Furniture and vehicles | 24 | €87,418 | €111,354 | +€23,935 | +27.4% |
| Financial fixed assets | 28 | €467,196 | €467,196 | = | 0.0% |
| Current assets | 29/58 | €747,202 | €296,713 | -€450,489 | -60.3% |
| Amounts receivable within one year | 40/41 | €48,989 | €87,309 | +€38,320 | +78.2% |
| Trade receivables | 40 | €31,314 | €71,257 | +€39,942 | +127.6% |
| Other amounts receivable | 41 | €17,675 | €16,053 | -€1,622 | -9.2% |
| Cash at bank and in hand | 54/58 | €691,676 | €194,268 | -€497,408 | -71.9% |
| Deferred charges and accrued income | 490/1 | €6,537 | €15,135 | +€8,598 | +131.5% |
| Total equity and liabilities | 10/49 | €6,638,400 | €5,543,075 | -€1.1m | -16.5% |
| Equity | 10/15 | €1,283,426 | €1,305,815 | +€22,389 | +1.7% |
| Contributions | 10/11 | €518,719 | €518,719 | = | 0.0% |
| Reserves | 13 | €764,708 | €787,097 | +€22,389 | +2.9% |
| Distributable reserves | 133 | €764,708 | €787,097 | +€22,389 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,354,974 | €4,237,259 | -€1.1m | -20.9% |
| Amounts payable after more than one year | 17 | €3,670,181 | €3,206,206 | -€463,974 | -12.6% |
| Financial debts | 170/4 | €2,745,801 | €2,281,827 | -€463,974 | -16.9% |
| Other amounts payable | 178/9 | €924,379 | €924,379 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,594,521 | €943,496 | -€651,025 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €242,189 | €183,504 | -€58,686 | -24.2% |
| Financial debts | 43 | €0 | €4,966 | +€4,966 | |
| Credit institutions | 430/8 | €0 | €4,966 | +€4,966 | |
| Trade debts | 44 | €40,778 | €74,759 | +€33,980 | +83.3% |
| Suppliers | 440/4 | €40,778 | €74,759 | +€33,980 | +83.3% |
| Taxes, remuneration and social security | 45 | €49,502 | €29,469 | -€20,033 | -40.5% |
| Taxes | 450/3 | €46,576 | €27,151 | -€19,425 | -41.7% |
| Remuneration and social security | 454/9 | €2,926 | €2,318 | -€607 | -20.8% |
| Other amounts payable | 47/48 | €1,262,051 | €650,799 | -€611,252 | -48.4% |
| Accrued charges and deferred income | 492/3 | €90,273 | €87,557 | -€2,715 | -3.0% |
| Non-recurring operating income | 76A | €19,449 | €64,557 | +€45,108 | +231.9% |
| Remuneration, social security and pensions | 62 | €8,467 | €4,153 | -€4,315 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €447,092 | €424,307 | -€22,785 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,850 | €0 | -€7,850 | -100.0% |
| Other operating charges | 640/8 | €52,846 | €54,766 | +€1,921 | +3.6% |
| Gross operating margin | 9900 | €837,264 | €784,840 | -€52,424 | -6.3% |
| Operating profit (loss) | 9901 | €321,009 | €301,615 | -€19,395 | -6.0% |
| Financial income | 75/76B | €125,022 | €75,524 | -€49,498 | -39.6% |
| Recurring financial income | 75 | €125,022 | €75,524 | -€49,498 | -39.6% |
| Financial charges | 65/66B | €199,774 | €225,181 | +€25,407 | +12.7% |
| Recurring financial charges | 65 | €199,774 | €225,181 | +€25,407 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €246,257 | €151,957 | -€94,299 | -38.3% |
| Income taxes | 67/77 | €44,681 | €37,310 | -€7,371 | -16.5% |
| Profit (loss) for the period | 9904 | €201,576 | €114,648 | -€86,928 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €201,576 | €114,648 | -€86,928 | -43.1% |
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 11 October 2026 via checked.be.