CPJ IMMO: what changed
Two fiscal 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.
CPJ IMMO
Largest movements
- Cash +€8,214
up €8,214 (+33.2%), from €24,752 to €32,965
mainly Depreciation (+€4,598) and Net result for the year (+€4,064)
- Tangible fixed assets -€3,594
down €3,594 (-3.3%), from €108,292 to €104,698
of which Land and buildings: -€4,134
- Profit (loss) carried forward +€3,861
up €3,861, from -€808 to €3,052
- Gross operating margin +€2,166
up €2,166 (+24.7%), from €8,766 to €10,932
- Taxes +€1,174
new in 2025: €1,174
- Purchases and services -€440
down €440 (-7.0%), from €6,278 to €5,838
- Turnover -€404
down €404 (-2.7%), from €15,044 to €14,640
- Depreciation +€280
up €280 (+6.5%), from €4,318 to €4,598
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 | €133,044 | €137,747 | +€4,703 | +3.5% |
| Fixed assets | 21/28 | €108,292 | €104,698 | -€3,594 | -3.3% |
| Tangible fixed assets | 22/27 | €108,292 | €104,698 | -€3,594 | -3.3% |
| Land and buildings | 22 | €108,115 | €103,981 | -€4,134 | -3.8% |
| Plant, machinery and equipment | 23 | €177 | - | -€177 | |
| Furniture and vehicles | 24 | - | €717 | +€717 | |
| Current assets | 29/58 | €24,752 | €33,049 | +€8,297 | +33.5% |
| Amounts receivable within one year | 40/41 | - | €84 | +€84 | |
| Other amounts receivable | 41 | - | €84 | +€84 | |
| Cash at bank and in hand | 54/58 | €24,752 | €32,965 | +€8,214 | +33.2% |
| Total equity and liabilities | 10/49 | €133,044 | €137,747 | +€4,703 | +3.5% |
| Equity | 10/15 | €129,192 | €133,256 | +€4,064 | +3.1% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | - | €203 | +€203 | |
| Non-distributable reserves | 130/1 | - | €203 | +€203 | |
| Other | 1319 | - | €203 | +€203 | |
| Profit (loss) carried forward | 14 | -€808 | €3,052 | +€3,861 | |
| Amounts payable | 17/49 | €3,852 | €4,492 | +€640 | +16.6% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €852 | €1,492 | +€640 | +75.0% |
| Trade debts | 44 | €801 | €318 | -€483 | -60.3% |
| Suppliers | 440/4 | €801 | €318 | -€483 | -60.3% |
| Taxes, remuneration and social security | 45 | - | €1,174 | +€1,174 | |
| Taxes | 450/3 | - | €1,174 | +€1,174 | |
| Other amounts payable | 47/48 | €51 | - | -€51 | |
| Turnover | 70 | €15,044 | €14,640 | -€404 | -2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,278 | €5,838 | -€440 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,318 | €4,598 | +€280 | +6.5% |
| Other operating charges | 640/8 | €972 | €943 | -€29 | -3.0% |
| Gross operating margin | 9900 | €8,766 | €10,932 | +€2,166 | +24.7% |
| Operating profit (loss) | 9901 | €3,476 | €5,391 | +€1,915 | +55.1% |
| Financial charges | 65/66B | €179 | €153 | -€26 | -14.5% |
| Recurring financial charges | 65 | €179 | €153 | -€26 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €3,296 | €5,237 | +€1,941 | +58.9% |
| Income taxes | 67/77 | - | €1,174 | +€1,174 | |
| Profit (loss) for the period | 9904 | €3,296 | €4,064 | +€767 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,296 | €4,064 | +€767 | +23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.