COSA IMMOREM: 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.
COSA IMMOREM
Largest movements
- Tangible fixed assets -€16,630
down €16,630 (-5.5%), from €299,797 to €283,167
of which Other tangible fixed assets: -€9,888
- Receivables within one year -€7,413
down €7,413 (-25.3%), from €29,344 to €21,931
of which Other amounts receivable: -€13,116
- Debts after one year -€15,364
down €15,364 (-11.3%), from €135,536 to €120,172
- Reserves -€10,002
down €10,002 (-8.4%), from €119,737 to €109,735
- Current portion of long-term debt -€8,818
down €8,818 (-36.5%), from €24,181 to €15,364
- Other debts +€7,000
up €7,000 (+58.3%), from €12,000 to €19,000
- Trade debts +€6,286
up €6,286 (+168%), from €3,747 to €10,032
- Gross operating margin -€16,898
down €16,898 (-55.5%), from €30,467 to €13,569
- Depreciation -€15,469
down €15,469 (-48.2%), from €32,099 to €16,630
- Financial income +€875
up €875 (+145,898%), from €1 to €876
- Other operating charges -€845
down €845 (-48.0%), from €1,758 to €914
- Financial charges -€731
down €731 (-10.0%), from €7,325 to €6,594
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,084 | €308,098 | -€22,986 | -6.9% |
| Fixed assets | 21/28 | €299,797 | €283,167 | -€16,630 | -5.5% |
| Tangible fixed assets | 22/27 | €299,797 | €283,167 | -€16,630 | -5.5% |
| Plant, machinery and equipment | 23 | €426 | €0 | -€426 | -100% |
| Furniture and vehicles | 24 | €12,050 | €5,734 | -€6,316 | -52.4% |
| Other tangible fixed assets | 26 | €287,321 | €277,433 | -€9,888 | -3.4% |
| Current assets | 29/58 | €31,287 | €24,931 | -€6,356 | -20.3% |
| Amounts receivable within one year | 40/41 | €29,344 | €21,931 | -€7,413 | -25.3% |
| Trade receivables | 40 | €6,267 | €11,970 | +€5,703 | +91.0% |
| Other amounts receivable | 41 | €23,077 | €9,961 | -€13,116 | -56.8% |
| Cash at bank and in hand | 54/58 | €910 | €1,928 | +€1,017 | +112% |
| Deferred charges and accrued income | 490/1 | €1,033 | €1,073 | +€40 | +3.8% |
| Total equity and liabilities | 10/49 | €331,084 | €308,098 | -€22,986 | -6.9% |
| Equity | 10/15 | €139,737 | €129,735 | -€10,002 | -7.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,737 | €109,735 | -€10,002 | -8.4% |
| Distributable reserves | 133 | €119,737 | €109,735 | -€10,002 | -8.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €191,347 | €178,363 | -€12,984 | -6.8% |
| Amounts payable after more than one year | 17 | €135,536 | €120,172 | -€15,364 | -11.3% |
| Financial debts | 170/4 | €135,536 | €120,172 | -€15,364 | -11.3% |
| Amounts payable within one year | 42/48 | €52,811 | €55,191 | +€2,380 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €24,181 | €15,364 | -€8,818 | -36.5% |
| Trade debts | 44 | €3,747 | €10,032 | +€6,286 | +168% |
| Suppliers | 440/4 | €3,747 | €10,032 | +€6,286 | +168% |
| Taxes, remuneration and social security | 45 | €12,883 | €10,795 | -€2,088 | -16.2% |
| Taxes | 450/3 | €12,883 | €10,795 | -€2,088 | -16.2% |
| Other amounts payable | 47/48 | €12,000 | €19,000 | +€7,000 | +58.3% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,099 | €16,630 | -€15,469 | -48.2% |
| Other operating charges | 640/8 | €1,758 | €914 | -€845 | -48.0% |
| Gross operating margin | 9900 | €30,467 | €13,569 | -€16,898 | -55.5% |
| Operating profit (loss) | 9901 | -€3,390 | -€3,974 | -€584 | -17.2% |
| Financial income | 75/76B | €1 | €876 | +€875 | +145,898% |
| Recurring financial income | 75 | €1 | €876 | +€875 | +145,898% |
| Financial charges | 65/66B | €7,325 | €6,594 | -€731 | -10.0% |
| Recurring financial charges | 65 | €7,325 | €6,594 | -€731 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,714 | -€9,692 | +€1,022 | +9.5% |
| Income taxes | 67/77 | €300 | €310 | +€10 | +3.3% |
| Profit (loss) for the period | 9904 | -€11,014 | -€10,002 | +€1,012 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,014 | -€10,002 | +€1,012 | +9.2% |
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 23 October 2026 via checked.be.