IMMO CANOCA: 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.
IMMO CANOCA
Largest movements
- Tangible fixed assets +€436,581
up €436,581 (+85.3%), from €512,083 to €948,664
of which Land and buildings: +€417,430
- Current investments -€173,182
down €173,182 (-43.9%), from €394,285 to €221,102
- Cash +€32,180
up €32,180 (+100.9%), from €31,890 to €64,070
mainly Debts after one year (+€361,672) and Current investments (+€173,182)
- Debts after one year +€361,672
new in 2025: €361,672
- Reserves -€72,794
down €72,794 (-7.7%), from €942,130 to €869,336
of which Distributable reserves: -€45,000
- Current portion of long-term debt +€20,128
new in 2025: €20,128
- Depreciation +€90,545
up €90,545 (+111.0%), from €81,588 to €172,133
- Taxes -€25,521
down €25,521 (-82.0%), from €31,138 to €5,616
- Gross operating margin -€12,375
down €12,375 (-6.4%), from €192,330 to €179,955
- Financial charges +€5,999
up €5,999 (+2350.2%), from €255 to €6,255
- Financial income +€4,199
up €4,199 (+96.8%), from €4,340 to €8,539
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 | €1,360,218 | €1,662,584 | +€302,366 | +22.2% |
| Fixed assets | 21/28 | €512,083 | €948,664 | +€436,581 | +85.3% |
| Tangible fixed assets | 22/27 | €512,083 | €948,664 | +€436,581 | +85.3% |
| Land and buildings | 22 | €506,955 | €924,386 | +€417,430 | +82.3% |
| Plant, machinery and equipment | 23 | €4,633 | €23,998 | +€19,365 | +418.0% |
| Furniture and vehicles | 24 | €495 | €281 | -€214 | -43.3% |
| Current assets | 29/58 | €848,135 | €713,919 | -€134,215 | -15.8% |
| Amounts receivable within one year | 40/41 | €421,960 | €428,748 | +€6,787 | +1.6% |
| Trade receivables | 40 | €409,860 | €414,364 | +€4,504 | +1.1% |
| Other amounts receivable | 41 | €12,100 | €14,384 | +€2,284 | +18.9% |
| Current investments | 50/53 | €394,285 | €221,102 | -€173,182 | -43.9% |
| Cash at bank and in hand | 54/58 | €31,890 | €64,070 | +€32,180 | +100.9% |
| Total equity and liabilities | 10/49 | €1,360,218 | €1,662,584 | +€302,366 | +22.2% |
| Equity | 10/15 | €1,172,250 | €1,103,365 | -€68,885 | -5.9% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Capital | 10 | €230,000 | €230,000 | = | 0.0% |
| Issued capital | 100 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €942,130 | €869,336 | -€72,794 | -7.7% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €378,130 | €350,336 | -€27,794 | -7.4% |
| Distributable reserves | 133 | €545,000 | €500,000 | -€45,000 | -8.3% |
| Profit (loss) carried forward | 14 | €120 | €4,029 | +€3,909 | +3253.5% |
| Provisions and deferred taxes | 16 | €126,043 | €116,779 | -€9,265 | -7.4% |
| Deferred taxes | 168 | €126,043 | €116,779 | -€9,265 | -7.4% |
| Amounts payable | 17/49 | €61,925 | €442,440 | +€380,515 | +614.5% |
| Amounts payable after more than one year | 17 | - | €361,672 | +€361,672 | |
| Financial debts | 170/4 | - | €361,672 | +€361,672 | |
| Amounts payable within one year | 42/48 | €61,925 | €80,768 | +€18,843 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | - | €20,128 | +€20,128 | |
| Trade debts | 44 | - | €3,180 | +€3,180 | |
| Suppliers | 440/4 | - | €3,180 | +€3,180 | |
| Taxes, remuneration and social security | 45 | €16,518 | - | -€16,518 | |
| Taxes | 450/3 | €16,518 | - | -€16,518 | |
| Other amounts payable | 47/48 | €45,407 | €57,461 | +€12,054 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,588 | €172,133 | +€90,545 | +111.0% |
| Other operating charges | 640/8 | €20,418 | €22,639 | +€2,221 | +10.9% |
| Gross operating margin | 9900 | €192,330 | €179,955 | -€12,375 | -6.4% |
| Operating profit (loss) | 9901 | €90,324 | -€14,817 | -€105,141 | |
| Financial income | 75/76B | €4,340 | €8,539 | +€4,199 | +96.8% |
| Recurring financial income | 75 | €4,340 | €8,539 | +€4,199 | +96.8% |
| Financial charges | 65/66B | €255 | €6,255 | +€5,999 | +2350.2% |
| Recurring financial charges | 65 | €255 | €6,255 | +€5,999 | +2350.2% |
| Profit (loss) for the period before taxes | 9903 | €94,408 | -€12,533 | -€106,941 | |
| Transfer from deferred taxes | 780 | €7,606 | €9,265 | +€1,659 | +21.8% |
| Income taxes | 67/77 | €31,138 | €5,616 | -€25,521 | -82.0% |
| Profit (loss) for the period | 9904 | €70,877 | -€8,885 | -€79,762 | |
| Transfer from tax-exempt reserves | 789 | €22,818 | €27,794 | +€4,976 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93,694 | €18,909 | -€74,786 | -79.8% |
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 8 October 2026 via checked.be.