IMMO CETHYS: 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 CETHYS
Largest movements
- Tangible fixed assets +€18,318
up €18,318 (+5.8%), from €314,965 to €333,283
- Other debts +€26,400
up €26,400 (+167.1%), from €15,800 to €42,200
- Debts after one year -€12,076
down €12,076 (-4.7%), from €256,965 to €244,889
- Profit (loss) carried forward +€10,311
up €10,311 (+65.1%), from €15,834 to €26,145
- Current portion of long-term debt -€5,788
down €5,788 (-25.7%), from €22,517 to €16,729
- Financial charges -€2,734
down €2,734 (-26.1%), from €10,478 to €7,744
- Taxes +€1,271
up €1,271 (+58.7%), from €2,166 to €3,437
- Gross operating margin +€1,196
up €1,196 (+3.9%), from €30,560 to €31,756
- Depreciation +€973
up €973 (+13.8%), from €7,072 to €8,045
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,244 | €339,567 | +€20,323 | +6.4% |
| Fixed assets | 21/28 | €314,965 | €333,283 | +€18,318 | +5.8% |
| Tangible fixed assets | 22/27 | €314,965 | €333,283 | +€18,318 | +5.8% |
| Land and buildings | 22 | €314,965 | €333,283 | +€18,318 | +5.8% |
| Current assets | 29/58 | €4,279 | €6,284 | +€2,005 | +46.9% |
| Amounts receivable within one year | 40/41 | - | €26 | +€26 | |
| Trade receivables | 40 | - | €26 | +€26 | |
| Cash at bank and in hand | 54/58 | €4,279 | €5,207 | +€928 | +21.7% |
| Deferred charges and accrued income | 490/1 | - | €1,051 | +€1,051 | |
| Total equity and liabilities | 10/49 | €319,244 | €339,567 | +€20,323 | +6.4% |
| Equity | 10/15 | €19,834 | €30,145 | +€10,311 | +52.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,834 | €26,145 | +€10,311 | +65.1% |
| Amounts payable | 17/49 | €299,410 | €309,422 | +€10,012 | +3.3% |
| Amounts payable after more than one year | 17 | €256,965 | €244,889 | -€12,076 | -4.7% |
| Financial debts | 170/4 | €256,965 | €244,889 | -€12,076 | -4.7% |
| Amounts payable within one year | 42/48 | €42,445 | €64,533 | +€22,088 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €22,517 | €16,729 | -€5,788 | -25.7% |
| Trade debts | 44 | €276 | - | -€276 | |
| Suppliers | 440/4 | €276 | - | -€276 | |
| Taxes, remuneration and social security | 45 | €3,852 | €5,604 | +€1,752 | +45.5% |
| Taxes | 450/3 | €3,852 | €5,604 | +€1,752 | +45.5% |
| Other amounts payable | 47/48 | €15,800 | €42,200 | +€26,400 | +167.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,072 | €8,045 | +€973 | +13.8% |
| Other operating charges | 640/8 | €2,179 | €2,225 | +€46 | +2.1% |
| Gross operating margin | 9900 | €30,560 | €31,756 | +€1,196 | +3.9% |
| Operating profit (loss) | 9901 | €21,309 | €21,487 | +€178 | +0.8% |
| Financial income | 75/76B | €2 | €5 | +€3 | +136.5% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +136.5% |
| Financial charges | 65/66B | €10,478 | €7,744 | -€2,734 | -26.1% |
| Recurring financial charges | 65 | €10,478 | €7,744 | -€2,734 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €10,833 | €13,748 | +€2,915 | +26.9% |
| Income taxes | 67/77 | €2,166 | €3,437 | +€1,271 | +58.7% |
| Profit (loss) for the period | 9904 | €8,667 | €10,311 | +€1,644 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,667 | €10,311 | +€1,644 | +19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.