IMMO CADIX: 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.
IMMO CADIX
Largest movements
- Receivables within one year +€5.5m
up €5.5m (+385%), from €1.4m to €6.9m
- Financial fixed assets -€3.3m
down €3.3m (-100%), from €3.3m to €0
- Reserves +€1.3m
up €1.3m (+28.8%), from €4.4m to €5.6m
- Other debts +€555,739
up €555,739 (+3,552%), from €15,647 to €571,386
- Tax, wage and social debts +€228,428
up €228,428 (+104%), from €219,080 to €447,507
- Gross operating margin +€212,285
up €212,285 (+8.6%), from €2.5m to €2.7m
- Taxes +€35,348
up €35,348 (+14.5%), from €244,080 to €279,428
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 | €4,863,929 | €6,910,072 | +€2.0m | +42.1% |
| Fixed assets | 21/28 | €3,349,000 | €0 | -€3.3m | -100% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €3,349,000 | €0 | -€3.3m | -100% |
| Current assets | 29/58 | €1,514,929 | €6,910,072 | +€5.4m | +356% |
| Amounts receivable within one year | 40/41 | €1,415,939 | €6,873,954 | +€5.5m | +385% |
| Other amounts receivable | 41 | €1,415,939 | €6,873,954 | +€5.5m | +385% |
| Cash at bank and in hand | 54/58 | €98,990 | €36,118 | -€62,872 | -63.5% |
| Total equity and liabilities | 10/49 | €4,863,929 | €6,910,072 | +€2.0m | +42.1% |
| Equity | 10/15 | €4,627,494 | €5,891,137 | +€1.3m | +27.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,383,163 | €5,646,805 | +€1.3m | +28.8% |
| Distributable reserves | 133 | €4,383,163 | €5,646,805 | +€1.3m | +28.8% |
| Profit (loss) carried forward | 14 | €231,931 | €231,931 | = | 0.0% |
| Amounts payable | 17/49 | €236,435 | €1,018,936 | +€782,501 | +331% |
| Amounts payable within one year | 42/48 | €236,435 | €1,018,936 | +€782,501 | +331% |
| Trade debts | 44 | €1,708 | €42 | -€1,666 | -97.5% |
| Suppliers | 440/4 | €1,708 | €42 | -€1,666 | -97.5% |
| Taxes, remuneration and social security | 45 | €219,080 | €447,507 | +€228,428 | +104% |
| Taxes | 450/3 | €219,080 | €447,507 | +€228,428 | +104% |
| Other amounts payable | 47/48 | €15,647 | €571,386 | +€555,739 | +3,552% |
| Non-recurring operating income | 76A | €2,381,236 | €2,522,596 | +€141,360 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | -€0 | -100% |
| Other operating charges | 640/8 | €0 | €254 | +€254 | |
| Gross operating margin | 9900 | €2,468,818 | €2,681,103 | +€212,285 | +8.6% |
| Operating profit (loss) | 9901 | €2,468,818 | €2,680,849 | +€212,031 | +8.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €828 | €794 | -€34 | -4.1% |
| Recurring financial charges | 65 | €828 | €794 | -€34 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €2,467,990 | €2,680,055 | +€212,065 | +8.6% |
| Income taxes | 67/77 | €244,080 | €279,428 | +€35,348 | +14.5% |
| Profit (loss) for the period | 9904 | €2,223,910 | €2,400,628 | +€176,717 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,223,910 | €2,400,628 | +€176,717 | +7.9% |
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 14 October 2026 via checked.be.