IMMO CDF: 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 CDF
Largest movements
- Tangible fixed assets -€2,596
down €2,596 (-5.3%), from €48,632 to €46,036
- Debts after one year -€6,362
down €6,362 (-27.5%), from €23,116 to €16,755
- Other debts +€2,624
up €2,624 (+20.0%), from €13,142 to €15,767
- Profit (loss) carried forward +€1,245
up €1,245 (+8.3%), from €14,969 to €16,214
- Financial charges -€344
down €344 (-17.1%), from €2,017 to €1,673
- Taxes +€285
up €285 (+114.0%), from €250 to €535
- Gross operating margin +€137
up €137 (+2.2%), from €6,335 to €6,471
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 | €73,426 | €71,392 | -€2,034 | -2.8% |
| Fixed assets | 21/28 | €48,632 | €46,036 | -€2,596 | -5.3% |
| Tangible fixed assets | 22/27 | €48,632 | €46,036 | -€2,596 | -5.3% |
| Land and buildings | 22 | €48,632 | €46,036 | -€2,596 | -5.3% |
| Current assets | 29/58 | €24,794 | €25,355 | +€561 | +2.3% |
| Amounts receivable within one year | 40/41 | €24,767 | €24,809 | +€42 | +0.2% |
| Trade receivables | 40 | €21,955 | €21,955 | = | 0.0% |
| Other amounts receivable | 41 | €2,812 | €2,854 | +€42 | +1.5% |
| Cash at bank and in hand | 54/58 | €27 | €546 | +€519 | +1908.8% |
| Total equity and liabilities | 10/49 | €73,426 | €71,392 | -€2,034 | -2.8% |
| Equity | 10/15 | €29,229 | €30,474 | +€1,245 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,969 | €16,214 | +€1,245 | +8.3% |
| Provisions and deferred taxes | 16 | €1,250 | €1,250 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,250 | €1,250 | = | 0.0% |
| Major repairs and maintenance | 162 | €1,250 | €1,250 | = | 0.0% |
| Amounts payable | 17/49 | €42,946 | €39,668 | -€3,279 | -7.6% |
| Amounts payable after more than one year | 17 | €23,116 | €16,755 | -€6,362 | -27.5% |
| Financial debts | 170/4 | €23,116 | €16,755 | -€6,362 | -27.5% |
| Amounts payable within one year | 42/48 | €19,830 | €22,913 | +€3,083 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €6,051 | €6,362 | +€311 | +5.1% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €250 | €785 | +€535 | +214.0% |
| Taxes | 450/3 | €250 | €785 | +€535 | +214.0% |
| Other amounts payable | 47/48 | €13,142 | €15,767 | +€2,624 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,596 | €2,596 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €424 | +€36 | +9.4% |
| Gross operating margin | 9900 | €6,335 | €6,471 | +€137 | +2.2% |
| Operating profit (loss) | 9901 | €3,352 | €3,452 | +€100 | +3.0% |
| Financial charges | 65/66B | €2,017 | €1,673 | -€344 | -17.1% |
| Recurring financial charges | 65 | €2,017 | €1,673 | -€344 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €1,335 | €1,779 | +€445 | +33.3% |
| Income taxes | 67/77 | €250 | €535 | +€285 | +114.0% |
| Profit (loss) for the period | 9904 | €1,085 | €1,245 | +€160 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,085 | €1,245 | +€160 | +14.7% |
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.