CUTAIA 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.
CUTAIA IMMO
Largest movements
- Receivables within one year +€4,559
up €4,559 (+18.8%), from €24,203 to €28,762
of which Other amounts receivable: +€11,082
- Tangible fixed assets -€1,659
down €1,659 (-2.4%), from €69,661 to €68,002
of which Land and buildings: -€2,765
- Advances received -€12,540
down €12,540 (-78.4%), from €16,000 to €3,460
- Other debts +€12,141
up €12,141 (+22.6%), from €53,618 to €65,758
- Trade debts +€4,576
up €4,576 (+32.9%), from €13,900 to €18,476
- Staff costs -€22,299
down €22,299 (-96.3%), from €23,157 to €857
- Gross operating margin -€5,831
down €5,831 (-43.0%), from €13,566 to €7,735
- Financial charges -€3,157
down €3,157 (-94.5%), from €3,339 to €182
- Depreciation +€1,138
up €1,138 (+19.3%), from €5,912 to €7,050
- Other operating charges -€465
down €465 (-38.7%), from €1,201 to €736
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 | €123,446 | €126,532 | +€3,086 | +2.5% |
| Fixed assets | 21/28 | €69,661 | €68,002 | -€1,659 | -2.4% |
| Tangible fixed assets | 22/27 | €69,661 | €68,002 | -€1,659 | -2.4% |
| Land and buildings | 22 | €63,787 | €61,022 | -€2,765 | -4.3% |
| Plant, machinery and equipment | 23 | €5,061 | €2,811 | -€2,250 | -44.5% |
| Furniture and vehicles | 24 | €813 | €4,169 | +€3,356 | +413% |
| Current assets | 29/58 | €53,785 | €58,530 | +€4,745 | +8.8% |
| Stocks and contracts in progress | 3 | €26,940 | €26,490 | -€450 | -1.7% |
| Stocks | 30/36 | €26,940 | €26,490 | -€450 | -1.7% |
| Amounts receivable within one year | 40/41 | €24,203 | €28,762 | +€4,559 | +18.8% |
| Trade receivables | 40 | €22,123 | €15,600 | -€6,523 | -29.5% |
| Other amounts receivable | 41 | €2,080 | €13,162 | +€11,082 | +533% |
| Cash at bank and in hand | 54/58 | €1,866 | €2,448 | +€581 | +31.2% |
| Deferred charges and accrued income | 490/1 | €776 | €830 | +€54 | +7.0% |
| Total equity and liabilities | 10/49 | €123,446 | €126,532 | +€3,086 | +2.5% |
| Equity | 10/15 | €27,876 | €26,785 | -€1,091 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,276 | €8,185 | -€1,091 | -11.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,416 | €6,325 | -€1,091 | -14.7% |
| Amounts payable | 17/49 | €95,570 | €99,747 | +€4,177 | +4.4% |
| Amounts payable within one year | 42/48 | €95,570 | €99,747 | +€4,177 | +4.4% |
| Financial debts | 43 | €12,053 | €12,053 | = | 0.0% |
| Credit institutions | 430/8 | €12,053 | €12,053 | = | 0.0% |
| Trade debts | 44 | €13,900 | €18,476 | +€4,576 | +32.9% |
| Suppliers | 440/4 | €13,900 | €18,476 | +€4,576 | +32.9% |
| Advances received on contracts in progress | 46 | €16,000 | €3,460 | -€12,540 | -78.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €53,618 | €65,758 | +€12,141 | +22.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €23,157 | €857 | -€22,299 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,912 | €7,050 | +€1,138 | +19.3% |
| Other operating charges | 640/8 | €1,201 | €736 | -€465 | -38.7% |
| Gross operating margin | 9900 | €13,566 | €7,735 | -€5,831 | -43.0% |
| Operating profit (loss) | 9901 | -€16,704 | -€909 | +€15,794 | +94.6% |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.8% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.8% |
| Financial charges | 65/66B | €3,339 | €182 | -€3,157 | -94.5% |
| Recurring financial charges | 65 | €3,339 | €182 | -€3,157 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,040 | -€1,091 | +€18,948 | +94.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,040 | -€1,091 | +€18,948 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,040 | -€1,091 | +€18,948 | +94.6% |
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 22 October 2026 via checked.be.