Immo CéVé: 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 CéVé
Largest movements
- Tangible fixed assets -€17,666
down €17,666 (-9.7%), from €183,031 to €165,365
of which Land and buildings: -€16,666
- Debts after one year -€12,708
down €12,708 (-11.9%), from €106,457 to €93,748
- Trade debts -€12,057
down €12,057 (-41.9%), from €28,770 to €16,713
- Reserves +€6,421
up €6,421 (+42.2%), from €15,223 to €21,645
- Gross operating margin -€6,503
down €6,503 (-17.3%), from €37,540 to €31,037
- Depreciation +€1,893
up €1,893 (+12.0%), from €15,773 to €17,666
- Financial charges -€386
down €386 (-9.6%), from €4,040 to €3,654
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 | €190,391 | €171,855 | -€18,536 | -9.7% |
| Fixed assets | 21/28 | €183,031 | €165,365 | -€17,666 | -9.7% |
| Tangible fixed assets | 22/27 | €183,031 | €165,365 | -€17,666 | -9.7% |
| Land and buildings | 22 | €181,538 | €164,872 | -€16,666 | -9.2% |
| Furniture and vehicles | 24 | €1,493 | €493 | -€1,000 | -67.0% |
| Current assets | 29/58 | €7,360 | €6,491 | -€869 | -11.8% |
| Amounts receivable within one year | 40/41 | €6,015 | €5,150 | -€864 | -14.4% |
| Trade receivables | 40 | €4,950 | €4,950 | = | 0.0% |
| Other amounts receivable | 41 | €1,065 | €200 | -€864 | -81.2% |
| Cash at bank and in hand | 54/58 | €1,345 | €1,340 | -€5 | -0.4% |
| Total equity and liabilities | 10/49 | €190,391 | €171,855 | -€18,536 | -9.7% |
| Equity | 10/15 | €33,823 | €40,245 | +€6,421 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,223 | €21,645 | +€6,421 | +42.2% |
| Distributable reserves | 133 | €15,223 | €21,645 | +€6,421 | +42.2% |
| Amounts payable | 17/49 | €156,568 | €131,611 | -€24,957 | -15.9% |
| Amounts payable after more than one year | 17 | €106,457 | €93,748 | -€12,708 | -11.9% |
| Financial debts | 170/4 | €106,457 | €93,748 | -€12,708 | -11.9% |
| Amounts payable within one year | 42/48 | €50,111 | €37,862 | -€12,249 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €12,316 | €12,708 | +€392 | +3.2% |
| Trade debts | 44 | €28,770 | €16,713 | -€12,057 | -41.9% |
| Suppliers | 440/4 | €28,770 | €16,713 | -€12,057 | -41.9% |
| Other amounts payable | 47/48 | €9,025 | €8,441 | -€584 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,773 | €17,666 | +€1,893 | +12.0% |
| Other operating charges | 640/8 | €1,938 | €1,996 | +€58 | +3.0% |
| Gross operating margin | 9900 | €37,540 | €31,037 | -€6,503 | -17.3% |
| Operating profit (loss) | 9901 | €19,829 | €11,375 | -€8,454 | -42.6% |
| Financial charges | 65/66B | €4,040 | €3,654 | -€386 | -9.6% |
| Recurring financial charges | 65 | €4,040 | €3,654 | -€386 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €15,789 | €7,721 | -€8,068 | -51.1% |
| Income taxes | 67/77 | €1,435 | €1,300 | -€136 | -9.4% |
| Profit (loss) for the period | 9904 | €14,354 | €6,421 | -€7,933 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,354 | €6,421 | -€7,933 | -55.3% |
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 6 October 2026 via checked.be.