IMMO CARUSO: 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 CARUSO
Largest movements
- Cash -€5,156
down €5,156 (-70.6%), from €7,307 to €2,151
mainly Investment in fixed assets (net) (-€16,125) and Debts after one year (-€8,453)
- Tangible fixed assets +€3,633
up €3,633 (+1.4%), from €260,856 to €264,489
of which Plant, machinery and equipment: +€16,063
- Debts after one year -€8,453
down €8,453 (-4.2%), from €201,573 to €193,120
- Profit (loss) carried forward +€6,629
up €6,629 (+85.2%), from -€7,783 to -€1,154
- Gross operating margin +€7,536
up €7,536 (+36.1%), from €20,852 to €28,388
- Other operating charges +€416
up €416 (+81.0%), from €513 to €929
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 | €268,685 | €267,036 | -€1,649 | -0.6% |
| Fixed assets | 21/28 | €260,856 | €264,489 | +€3,633 | +1.4% |
| Tangible fixed assets | 22/27 | €260,856 | €264,489 | +€3,633 | +1.4% |
| Land and buildings | 22 | €260,856 | €248,426 | -€12,430 | -4.8% |
| Plant, machinery and equipment | 23 | - | €16,063 | +€16,063 | |
| Current assets | 29/58 | €7,829 | €2,547 | -€5,282 | -67.5% |
| Amounts receivable within one year | 40/41 | €135 | €0 | -€135 | -100% |
| Trade receivables | 40 | €135 | €0 | -€135 | -100% |
| Cash at bank and in hand | 54/58 | €7,307 | €2,151 | -€5,156 | -70.6% |
| Deferred charges and accrued income | 490/1 | €387 | €396 | +€9 | +2.4% |
| Total equity and liabilities | 10/49 | €268,685 | €267,036 | -€1,649 | -0.6% |
| Equity | 10/15 | €2,217 | €8,846 | +€6,629 | +299% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,783 | -€1,154 | +€6,629 | +85.2% |
| Amounts payable | 17/49 | €266,468 | €258,190 | -€8,278 | -3.1% |
| Amounts payable after more than one year | 17 | €201,573 | €193,120 | -€8,453 | -4.2% |
| Financial debts | 170/4 | €201,573 | €193,120 | -€8,453 | -4.2% |
| Amounts payable within one year | 42/48 | €64,895 | €64,870 | -€25 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €8,123 | €8,453 | +€331 | +4.1% |
| Trade debts | 44 | €400 | €125 | -€275 | -68.8% |
| Suppliers | 440/4 | €400 | €125 | -€275 | -68.8% |
| Other amounts payable | 47/48 | €56,372 | €56,291 | -€81 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €201 | +€201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,430 | €12,492 | +€62 | +0.5% |
| Other operating charges | 640/8 | €513 | €929 | +€416 | +81.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,852 | €28,388 | +€7,536 | +36.1% |
| Operating profit (loss) | 9901 | €7,908 | €14,967 | +€7,059 | +89.3% |
| Financial charges | 65/66B | €8,618 | €8,339 | -€280 | -3.2% |
| Recurring financial charges | 65 | €8,618 | €8,339 | -€280 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€710 | €6,629 | +€7,339 | |
| Profit (loss) for the period | 9904 | -€710 | €6,629 | +€7,339 | |
| Profit (loss) for the period to be appropriated | 9905 | -€710 | €6,629 | +€7,339 |
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 20 October 2026 via checked.be.