IMMO CAENEN: 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 CAENEN
Largest movements
- Cash +€60,207
up €60,207 (+10.9%), from €554,687 to €614,894
mainly Other debts (+€165,869) and Net result for the year (+€128,847)
- Receivables within one year +€37,812
up €37,812 (+15.3%), from €247,715 to €285,526
of which Trade receivables: +€37,954
- Other debts +€165,869
up €165,869 (+42.8%), from €387,812 to €553,681
- Trade debts -€38,467
down €38,467 (-56.9%), from €67,551 to €29,084
- Reserves -€30,000
down €30,000 (-9.5%), from €315,000 to €285,000
- Profit (loss) carried forward +€13,847
up €13,847 (+430%), from €3,224 to €17,070
- Tax, wage and social debts -€9,847
down €9,847 (-29.6%), from €33,227 to €23,380
of which Taxes: -€15,686
- Gross operating margin +€56,631
up €56,631 (+29.5%), from €191,871 to €248,503
- Taxes +€13,763
up €13,763 (+41.9%), from €32,863 to €46,626
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 | €850,585 | €953,378 | +€102,793 | +12.1% |
| Fixed assets | 21/28 | €46,486 | €52,213 | +€5,727 | +12.3% |
| Intangible fixed assets | 21 | €22,764 | €20,304 | -€2,460 | -10.8% |
| Tangible fixed assets | 22/27 | €23,722 | €31,908 | +€8,187 | +34.5% |
| Plant, machinery and equipment | 23 | €23,722 | €31,908 | +€8,187 | +34.5% |
| Current assets | 29/58 | €804,099 | €901,165 | +€97,066 | +12.1% |
| Amounts receivable within one year | 40/41 | €247,715 | €285,526 | +€37,812 | +15.3% |
| Trade receivables | 40 | €246,049 | €284,002 | +€37,954 | +15.4% |
| Other amounts receivable | 41 | €1,666 | €1,524 | -€142 | -8.5% |
| Cash at bank and in hand | 54/58 | €554,687 | €614,894 | +€60,207 | +10.9% |
| Deferred charges and accrued income | 490/1 | €1,698 | €745 | -€953 | -56.1% |
| Total equity and liabilities | 10/49 | €850,585 | €953,378 | +€102,793 | +12.1% |
| Equity | 10/15 | €361,824 | €345,670 | -€16,153 | -4.5% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Reserves | 13 | €315,000 | €285,000 | -€30,000 | -9.5% |
| Distributable reserves | 133 | €315,000 | €285,000 | -€30,000 | -9.5% |
| Profit (loss) carried forward | 14 | €3,224 | €17,070 | +€13,847 | +430% |
| Amounts payable | 17/49 | €488,761 | €607,708 | +€118,946 | +24.3% |
| Amounts payable within one year | 42/48 | €488,590 | €606,145 | +€117,555 | +24.1% |
| Trade debts | 44 | €67,551 | €29,084 | -€38,467 | -56.9% |
| Suppliers | 440/4 | €67,551 | €29,084 | -€38,467 | -56.9% |
| Taxes, remuneration and social security | 45 | €33,227 | €23,380 | -€9,847 | -29.6% |
| Taxes | 450/3 | €32,863 | €17,177 | -€15,686 | -47.7% |
| Remuneration and social security | 454/9 | €364 | €6,204 | +€5,839 | +1,603% |
| Other amounts payable | 47/48 | €387,812 | €553,681 | +€165,869 | +42.8% |
| Accrued charges and deferred income | 492/3 | €171 | €1,563 | +€1,391 | +812% |
| Remuneration, social security and pensions | 62 | €63,498 | €63,730 | +€232 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,643 | €8,229 | +€1,586 | +23.9% |
| Other operating charges | 640/8 | €116 | €136 | +€20 | +17.4% |
| Gross operating margin | 9900 | €191,871 | €248,503 | +€56,631 | +29.5% |
| Operating profit (loss) | 9901 | €121,614 | €176,407 | +€54,793 | +45.1% |
| Financial income | 75/76B | €9 | €0 | -€9 | -98.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -98.9% |
| Financial charges | 65/66B | €805 | €934 | +€129 | +16.1% |
| Recurring financial charges | 65 | €805 | €934 | +€129 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €120,818 | €175,473 | +€54,655 | +45.2% |
| Income taxes | 67/77 | €32,863 | €46,626 | +€13,763 | +41.9% |
| Profit (loss) for the period | 9904 | €87,955 | €128,847 | +€40,892 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,955 | €128,847 | +€40,892 | +46.5% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.