CORMANIMMO: 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.
CORMANIMMO
Largest movements
- Stocks and contracts +€183,694
up €183,694 (+498.2%), from €36,875 to €220,569
- Cash -€125,247
down €125,247 (-35.3%), from €354,597 to €229,350
mainly Stocks and contracts (-€183,694) and Tax, wage and social debts (-€75,053)
- Debts after one year +€154,187
up €154,187 (+192.7%), from €80,000 to €234,187
- Tax, wage and social debts -€75,053
no longer reported in 2025 (was €75,053)
- Profit (loss) carried forward -€18,505
down €18,505 (-17.7%), from €104,714 to €86,210
- Gross operating margin -€83,502
down €83,502, from €68,721 to -€14,781
- Financial charges -€19,060
down €19,060 (-85.6%), from €22,276 to €3,216
- Taxes -€6,338
no longer reported in 2025 (was €6,338)
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 | €398,731 | €460,149 | +€61,418 | +15.4% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €398,231 | €459,649 | +€61,418 | +15.4% |
| Stocks and contracts in progress | 3 | €36,875 | €220,569 | +€183,694 | +498.2% |
| Stocks | 30/36 | €36,875 | €220,569 | +€183,694 | +498.2% |
| Amounts receivable within one year | 40/41 | €6,760 | €9,731 | +€2,971 | +43.9% |
| Trade receivables | 40 | €2,099 | €4,599 | +€2,500 | +119.1% |
| Other amounts receivable | 41 | €4,662 | €5,132 | +€471 | +10.1% |
| Cash at bank and in hand | 54/58 | €354,597 | €229,350 | -€125,247 | -35.3% |
| Total equity and liabilities | 10/49 | €398,731 | €460,149 | +€61,418 | +15.4% |
| Equity | 10/15 | €235,174 | €216,670 | -€18,505 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,860 | €111,860 | = | 0.0% |
| Distributable reserves | 133 | €111,860 | €111,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,714 | €86,210 | -€18,505 | -17.7% |
| Amounts payable | 17/49 | €163,557 | €243,480 | +€79,922 | +48.9% |
| Amounts payable after more than one year | 17 | €80,000 | €234,187 | +€154,187 | +192.7% |
| Financial debts | 170/4 | €80,000 | €234,187 | +€154,187 | +192.7% |
| Amounts payable within one year | 42/48 | €83,557 | €9,293 | -€74,264 | -88.9% |
| Trade debts | 44 | €209 | €999 | +€789 | +377.1% |
| Suppliers | 440/4 | €209 | €999 | +€789 | +377.1% |
| Taxes, remuneration and social security | 45 | €75,053 | - | -€75,053 | |
| Taxes | 450/3 | €75,053 | - | -€75,053 | |
| Other amounts payable | 47/48 | €8,294 | €8,294 | = | 0.0% |
| Other operating charges | 640/8 | €109 | €507 | +€398 | +366.2% |
| Gross operating margin | 9900 | €68,721 | -€14,781 | -€83,502 | |
| Operating profit (loss) | 9901 | €68,612 | -€15,289 | -€83,901 | |
| Financial charges | 65/66B | €22,276 | €3,216 | -€19,060 | -85.6% |
| Recurring financial charges | 65 | €22,276 | €3,216 | -€19,060 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €46,336 | -€18,505 | -€64,841 | |
| Income taxes | 67/77 | €6,338 | - | -€6,338 | |
| Profit (loss) for the period | 9904 | €39,998 | -€18,505 | -€58,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,998 | -€18,505 | -€58,502 |
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 9 October 2026 via checked.be.