IMMO CALDO: 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 CALDO
Largest movements
- Cash -€2,830
down €2,830 (-85.9%), from €3,296 to €466
mainly Net result for the year (-€29,469) and Investment in fixed assets (net) (-€18,087)
- Profit (loss) carried forward -€29,469
down €29,469 (-12.2%), from -€241,731 to -€271,200
- Other debts +€28,229
up €28,229 (+13.2%), from €214,480 to €242,709
- Gross operating margin -€6,638
down €6,638 (-427%), from -€1,555 to -€8,193
- Depreciation +€4,382
up €4,382 (+35.2%), from €12,448 to €16,830
- Other operating charges -€172
down €172 (-3.8%), from €4,564 to €4,392
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 | €251,804 | €250,231 | -€1,573 | -0.6% |
| Fixed assets | 21/28 | €248,508 | €249,765 | +€1,257 | +0.5% |
| Tangible fixed assets | 22/27 | €248,508 | €249,765 | +€1,257 | +0.5% |
| Land and buildings | 22 | €248,508 | €249,765 | +€1,257 | +0.5% |
| Current assets | 29/58 | €3,296 | €466 | -€2,830 | -85.9% |
| Cash at bank and in hand | 54/58 | €3,296 | €466 | -€2,830 | -85.9% |
| Total equity and liabilities | 10/49 | €251,804 | €250,231 | -€1,573 | -0.6% |
| Equity | 10/15 | -€53,426 | -€82,895 | -€29,469 | -55.2% |
| Contributions | 10/11 | €168,000 | €168,000 | = | 0.0% |
| Capital | 10 | €168,000 | €168,000 | = | 0.0% |
| Issued capital | 100 | €168,000 | €168,000 | = | 0.0% |
| Reserves | 13 | €20,305 | €20,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,800 | €16,800 | = | 0.0% |
| Legal reserve | 130 | €16,800 | €16,800 | = | 0.0% |
| Distributable reserves | 133 | €3,505 | €3,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€241,731 | -€271,200 | -€29,469 | -12.2% |
| Amounts payable | 17/49 | €305,230 | €333,125 | +€27,896 | +9.1% |
| Amounts payable after more than one year | 17 | €90,000 | €90,000 | = | 0.0% |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €215,230 | €243,125 | +€27,896 | +13.0% |
| Trade debts | 44 | €510 | €176 | -€334 | -65.5% |
| Suppliers | 440/4 | €510 | €176 | -€334 | -65.5% |
| Taxes, remuneration and social security | 45 | €240 | €240 | = | 0.0% |
| Taxes | 450/3 | €240 | €240 | = | 0.0% |
| Other amounts payable | 47/48 | €214,480 | €242,709 | +€28,229 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,448 | €16,830 | +€4,382 | +35.2% |
| Other operating charges | 640/8 | €4,564 | €4,392 | -€172 | -3.8% |
| Gross operating margin | 9900 | -€1,555 | -€8,193 | -€6,638 | -427% |
| Operating profit (loss) | 9901 | -€18,567 | -€29,415 | -€10,848 | -58.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €54 | +€11 | +24.1% |
| Recurring financial charges | 65 | €44 | €54 | +€11 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,610 | -€29,469 | -€10,859 | -58.3% |
| Profit (loss) for the period | 9904 | -€18,610 | -€29,469 | -€10,859 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,610 | -€29,469 | -€10,859 | -58.3% |
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 15 October 2026 via checked.be.