IMMO CEBOS: 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 CEBOS
Largest movements
- Tangible fixed assets -€24,564
down €24,564 (-8.8%), from €278,691 to €254,127
of which Land and buildings: -€20,500
- Debts after one year -€30,879
down €30,879 (-25.0%), from €123,385 to €92,506
- Other debts +€11,123
up €11,123 (+11.0%), from €101,534 to €112,658
- Profit (loss) carried forward -€6,794
down €6,794 (-28.9%), from -€23,490 to -€30,283
- Financial charges -€1,850
down €1,850 (-29.7%), from €6,228 to €4,379
- Gross operating margin -€1,838
down €1,838 (-6.8%), from €27,044 to €25,206
- Other operating charges -€294
down €294 (-8.8%), from €3,352 to €3,058
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 | €279,147 | €254,459 | -€24,688 | -8.8% |
| Fixed assets | 21/28 | €278,691 | €254,127 | -€24,564 | -8.8% |
| Tangible fixed assets | 22/27 | €278,691 | €254,127 | -€24,564 | -8.8% |
| Land and buildings | 22 | €266,500 | €246,000 | -€20,500 | -7.7% |
| Plant, machinery and equipment | 23 | €12,191 | €8,127 | -€4,064 | -33.3% |
| Current assets | 29/58 | €455 | €331 | -€124 | -27.3% |
| Cash at bank and in hand | 54/58 | €455 | €331 | -€124 | -27.3% |
| Total equity and liabilities | 10/49 | €279,147 | €254,459 | -€24,688 | -8.8% |
| Equity | 10/15 | €23,758 | €16,964 | -€6,794 | -28.6% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Capital | 10 | €42,000 | €42,000 | = | 0.0% |
| Issued capital | 100 | €42,000 | €42,000 | = | 0.0% |
| Reserves | 13 | €5,247 | €5,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,200 | €4,200 | = | 0.0% |
| Legal reserve | 130 | €4,200 | €4,200 | = | 0.0% |
| Distributable reserves | 133 | €1,047 | €1,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,490 | -€30,283 | -€6,794 | -28.9% |
| Amounts payable | 17/49 | €255,389 | €237,495 | -€17,894 | -7.0% |
| Amounts payable after more than one year | 17 | €123,385 | €92,506 | -€30,879 | -25.0% |
| Financial debts | 170/4 | €123,385 | €92,506 | -€30,879 | -25.0% |
| Amounts payable within one year | 42/48 | €132,004 | €144,989 | +€12,985 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €30,469 | €32,331 | +€1,862 | +6.1% |
| Other amounts payable | 47/48 | €101,534 | €112,658 | +€11,123 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,564 | €24,564 | = | 0.0% |
| Other operating charges | 640/8 | €3,352 | €3,058 | -€294 | -8.8% |
| Gross operating margin | 9900 | €27,044 | €25,206 | -€1,838 | -6.8% |
| Operating profit (loss) | 9901 | -€872 | -€2,415 | -€1,543 | -177.0% |
| Financial charges | 65/66B | €6,228 | €4,379 | -€1,850 | -29.7% |
| Recurring financial charges | 65 | €6,228 | €4,379 | -€1,850 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,100 | -€6,794 | +€306 | +4.3% |
| Profit (loss) for the period | 9904 | -€7,100 | -€6,794 | +€306 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,100 | -€6,794 | +€306 | +4.3% |
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 7 October 2026 via checked.be.