Cortenbergh 107: what changed
What changed
Cortenbergh 107
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€86,360
2024 · -€65,621+€151,981
Equity
€22.7m
2024 · €23.9m-€1.2m
Cash
€2.9m
2024 · €2.8m+€88,694
Balance sheet total
€34.0m
2024 · €34.9m-€961,428
Largest movements
Assets
- Tangible fixed assets -€1.0m
down €1.0m (-3.3%), from €31.5m to €30.4m
Equity and liabilities
- Contributions -€1.3m
down €1.3m (-5.3%), from €24.3m to €23.0m
Income statement
- Financial charges -€141,137
down €141,137 (-31.1%), from €453,605 to €312,468
- Turnover +€88,355
up €88,355 (+4.2%), from €2.1m to €2.2m
- Taxes +€66,468
up €66,468 (+133%), from €50,078 to €116,546
- Other operating income +€61,187
up €61,187 (+11.8%), from €518,737 to €579,925
- Other operating charges +€59,309
up €59,309 (+11.6%), from €510,643 to €569,952
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€65,621
Turnover
+€88,355
Other operating income
+€61,187
Services and other goods
-€50,852
Depreciation
+€8,751
Other operating charges
-€59,309
Financial income
+€29,181
Financial charges
+€141,137
Taxes
-€66,468
Result 2025
€86,360
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
€0
Financing
-€1.3m
Cash 2024
€2.8m
From operations (derived)
+€1.4m
Net result for the year
+€86,360
Depreciation
+€1.0m
Receivables within one year
-€21,579
Deferred charges and accrued income
+€29,902
Provisions
+€126,570
Trade debts
-€7,806
Tax, wage and social debts
+€111,833
Accrued charges and deferred income
+€21,615
Financing
-€1.3m
Contributions, distributions and other
-€1.3m
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,945,507 | €33,984,079 | -€961,428 | -2.8% |
| Fixed assets | 21/28 | €31,461,468 | €30,419,670 | -€1.0m | -3.3% |
| Tangible fixed assets | 22/27 | €31,461,468 | €30,419,670 | -€1.0m | -3.3% |
| Land and buildings | 22 | €31,461,468 | €30,419,670 | -€1.0m | -3.3% |
| Current assets | 29/58 | €3,484,039 | €3,564,409 | +€80,370 | +2.3% |
| Amounts receivable within one year | 40/41 | €585,521 | €607,100 | +€21,579 | +3.7% |
| Trade receivables | 40 | €583,830 | €605,409 | +€21,579 | +3.7% |
| Other amounts receivable | 41 | €1,691 | €1,691 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,791,755 | €2,880,448 | +€88,694 | +3.2% |
| Deferred charges and accrued income | 490/1 | €106,764 | €76,861 | -€29,902 | -28.0% |
| Total equity and liabilities | 10/49 | €34,945,507 | €33,984,079 | -€961,428 | -2.8% |
| Equity | 10/15 | €23,924,954 | €22,711,314 | -€1.2m | -5.1% |
| Contributions | 10/11 | €24,332,688 | €23,032,688 | -€1.3m | -5.3% |
| Capital | 10 | €24,332,688 | €23,032,688 | -€1.3m | -5.3% |
| Issued capital | 100 | €24,332,688 | €23,032,688 | -€1.3m | -5.3% |
| Profit (loss) carried forward | 14 | -€407,734 | -€321,374 | +€86,360 | +21.2% |
| Provisions and deferred taxes | 16 | €823,384 | €949,954 | +€126,570 | +15.4% |
| Provisions for liabilities and charges | 160/5 | €823,384 | €949,954 | +€126,570 | +15.4% |
| Major repairs and maintenance | 162 | €823,384 | €949,954 | +€126,570 | +15.4% |
| Amounts payable | 17/49 | €10,197,169 | €10,322,811 | +€125,642 | +1.2% |
| Amounts payable within one year | 42/48 | €9,528,818 | €9,632,846 | +€104,027 | +1.1% |
| Financial debts | 43 | €9,456,000 | €9,456,000 | = | 0.0% |
| Credit institutions | 430/8 | €9,456,000 | €9,456,000 | = | 0.0% |
| Trade debts | 44 | €9,278 | €1,472 | -€7,806 | -84.1% |
| Suppliers | 440/4 | €9,278 | €1,472 | -€7,806 | -84.1% |
| Taxes, remuneration and social security | 45 | €63,540 | €175,374 | +€111,833 | +176% |
| Taxes | 450/3 | €63,540 | €175,374 | +€111,833 | +176% |
| Accrued charges and deferred income | 492/3 | €668,351 | €689,966 | +€21,615 | +3.2% |
| Operating income | 70/76A | €2,605,927 | €2,755,469 | +€149,542 | +5.7% |
| Turnover | 70 | €2,087,189 | €2,175,544 | +€88,355 | +4.2% |
| Other operating income | 74 | €518,737 | €579,925 | +€61,187 | +11.8% |
| Operating charges | 60/66A | €2,167,865 | €2,269,275 | +€101,410 | +4.7% |
| Services and other goods | 61 | €480,104 | €530,956 | +€50,852 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050,549 | €1,041,798 | -€8,751 | -0.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €126,570 | €126,570 | = | 0.0% |
| Other operating charges | 640/8 | €510,643 | €569,952 | +€59,309 | +11.6% |
| Operating profit (loss) | 9901 | €438,061 | €486,194 | +€48,132 | +11.0% |
| Financial income | 75/76B | €0 | €29,181 | +€29,181 | +291,807,300% |
| Recurring financial income | 75 | €0 | €29,181 | +€29,181 | +291,807,300% |
| Income from financial fixed assets | 750 | €0 | - | -€0 | |
| Income from current assets | 751 | - | €29,181 | +€29,181 | |
| Financial charges | 65/66B | €453,605 | €312,468 | -€141,137 | -31.1% |
| Recurring financial charges | 65 | €453,605 | €312,468 | -€141,137 | -31.1% |
| Debt charges | 650 | €452,882 | €311,776 | -€141,106 | -31.2% |
| Other financial charges | 652/9 | €723 | €692 | -€31 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,544 | €202,906 | +€218,450 | |
| Income taxes | 67/77 | €50,078 | €116,546 | +€66,468 | +133% |
| Taxes | 670/3 | €50,078 | €116,546 | +€66,468 | +133% |
| Profit (loss) for the period | 9904 | -€65,621 | €86,360 | +€151,981 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,621 | €86,360 | +€151,981 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.